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This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Starts Proceed Investment's Enterprise Value for the quarter that ended in Apr. 2026 was 円107,222 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Starts Proceed Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,198 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Starts Proceed Investment EV-to-EBIT Related Terms
Starts Proceed Investment EV-to-EBIT Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Residential subindustry, Starts Proceed Investment's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Starts Proceed Investment EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Starts Proceed Investment's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Starts Proceed Investment's EV-to-EBIT falls into.
Starts Proceed Investment's current Enterprise Value is 円105,014 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Starts Proceed Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,198 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Starts Proceed Investment (TSE:8979) has a EV-to-EBIT of 32.84 as of Aug. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Starts Proceed Investment and its competitors. This is near median its historical median of 33.09. Over the past decade, Starts Proceed Investment's EV-to-EBIT has ranged from 27.28 to 41.46. According to the industry distribution chart, Starts Proceed Investment ranks #533 out of 656 companies in the REITs industry, placing it in the top 81.2%.
Is Starts Proceed Investment's EV-to-EBIT too high?
Starts Proceed Investment's current EV-to-EBIT of 32.84 is near median its 10-year median of 33.09. Over the past 10 years, this metric has ranged from a low of 27.28 to a high of 41.46. The REITs industry median EV-to-EBIT is 18.16. Starts Proceed Investment's value of 32.84 is 80.8% above this industry median. Based on the distribution chart, Starts Proceed Investment ranks #533 out of 656 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Starts Proceed Investment has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starts Proceed Investment's EV-to-EBIT compare to AVB and EQR?
According to the REITs industry distribution chart, Starts Proceed Investment ranks #533 out of 656 companies for EV-to-EBIT. This places Starts Proceed Investment in the lower half of its industry. The industry median EV-to-EBIT is 18.16. Starts Proceed Investment's value of 32.84 is 80.8% above this benchmark. Historically, Starts Proceed Investment's own EV-to-EBIT has ranged from 27.28 to 41.46 over the past decade. While the company's 10-year median is 33.09 vs. the industry median of 18.16, Starts Proceed Investment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.16, based on 656 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starts Proceed Investment's current EV-to-EBIT of 32.84 is 80.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Starts Proceed Investment and its competitors. For the REITs industry, the median EV-to-EBIT is 18.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Proceed Investment's current EV-to-EBIT is 32.84, which is near median its own 10-year median of 33.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Fairly Valued. The stock's GF Value™ is 円201,867.11, compared to a current price of 円185,800.00 — trading 8% below its estimated fair value. The current EV-to-EBIT is 32.84, which is near median its 10-year median of 33.09 and 80.8% above the REITs industry median of 18.16. Starts Proceed Investment's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Starts Proceed Investment (TSE:8979), the current EV-to-EBIT is 32.84 as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Starts Proceed Investment (TSE:8979) Overvalued in 2026?
Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be undervalued.
The current stock price of 円185,800.00 is trading 8% below its estimated GF Value™ of 円201,867.11.
GuruFocus considers Starts Proceed Investment to be Fairly Valued.
Key valuation signals for TSE:8979:
EV-to-EBIT: 32.84 (near median its 10-year median of 33.09)
GF Value™: 円201,867.11 vs. price of 円185,800.00 (8% below fair value)
Industry Position: 80.8% above the REITs median (#533 of 656)
No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.
65GF Score
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