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Dream Residential REIT (TSX:DRR.U) EV-to-EBIT : 7.26 (As of May. 06, 2024)


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What is Dream Residential REIT EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Dream Residential REIT's Enterprise Value is $228.44 Mil. Dream Residential REIT's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $31.45 Mil. Therefore, Dream Residential REIT's EV-to-EBIT for today is 7.26.

The historical rank and industry rank for Dream Residential REIT's EV-to-EBIT or its related term are showing as below:

TSX:DRR.U' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.75   Med: 6.77   Max: 7.41
Current: 7.26

During the past 2 years, the highest EV-to-EBIT of Dream Residential REIT was 7.41. The lowest was 1.75. And the median was 6.77.

TSX:DRR.U's EV-to-EBIT is ranked better than
85.57% of 575 companies
in the REITs industry
Industry Median: 20.33 vs TSX:DRR.U: 7.26

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Dream Residential REIT's Enterprise Value for the quarter that ended in Jun. 2023 was $233.17 Mil. Dream Residential REIT's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $31.45 Mil. Dream Residential REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 13.49%.

Dream Residential REIT EV-to-EBIT Historical Data

The historical data trend for Dream Residential REIT's EV-to-EBIT can be seen below:

* 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.

* Premium members only.

Dream Residential REIT EV-to-EBIT Chart

Dream Residential REIT Annual Data
Trend Dec22 Dec23
EV-to-EBIT
- -41.73

Dream Residential REIT Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial - - 2.33 7.41 -

Competitive Comparison of Dream Residential REIT's EV-to-EBIT

For the REIT - Residential subindustry, Dream Residential REIT'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.

Dream Residential REIT's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Residential REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dream Residential REIT's EV-to-EBIT falls into.


Dream Residential REIT EV-to-EBIT Calculation

Dream Residential REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=228.440/31.452
=7.26

Dream Residential REIT's current Enterprise Value is $228.44 Mil.
Dream Residential REIT's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.45 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.

Dream Residential REIT  (TSX:DRR.U) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Dream Residential REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=31.452/233.1726
=13.49 %

Dream Residential REIT's Enterprise Value for the quarter that ended in Jun. 2023 was $233.17 Mil.
Dream Residential REIT's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.45 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.

Dream Residential REIT EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Dream Residential REIT's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Dream Residential REIT (TSX:DRR.U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (TSX:DRR.U) » Definitions » EV-to-EBIT
Comparable Companies
TSXV:FCA.UN TSXV:SRES TSXV:MAR.UN TSXV:LRT.UN TSX:ERE.UN AVB EQR INVH SUI MAA ESS ELS AMH UDR CPT TSX:CAR.UN AIRC TSE:3269 IRT TSX:BEI.UN
Traded in Other Exchanges
DRREF:USA
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Website
https://www.dream.ca
Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.

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