Industrial & Infrastructure Fund Investment (FRA:2ES) EV-to-EBITDA: 22.10 (As of Jul. 28, 2026) — 17% Below Median

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FRA:2ES Industrial & Infrastructure Fund Investment Corp FRA:2ES
77 GF Score
Price €790.00
GF Value €743.75
! 11 Warning Signs
View Full Analysis

What is Industrial & Infrastructure Fund Investment EV-to-EBITDA?

Industrial & Infrastructure Fund Investment FRA:2ES +1.28% 77 EV-to-EBITDA is 22.10 as of Jul. 28, 2026, which is 17% below its 10-year median of 26.76. GuruFocus rates FRA:2ES with a GF Score™ of 77/100 and a GF Value™ of €743.75. The stock has 11 warning signs investors should review. Among 675 REITs companies, Industrial & Infrastructure Fund Investment ranks worse than 78.22% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Industrial & Infrastructure Fund Investment's enterprise value is €3,479.9 Mil. Industrial & Infrastructure Fund Investment's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was €157.5 Mil. Therefore, Industrial & Infrastructure Fund Investment's EV-to-EBITDA for today is 22.10.

The historical rank and industry rank for Industrial & Infrastructure Fund Investment's EV-to-EBITDA or its related term are showing as below:

FRA:2ES' s EV-to-EBITDA Range Over the Past 10 Years
Min: 22.31   Med: 26.76   Max: 36.6
Current: 23.13

During the past 13 years, the highest EV-to-EBITDA of Industrial & Infrastructure Fund Investment was 36.60. The lowest was 22.31. And the median was 26.76.

FRA:2ES's EV-to-EBITDA is ranked worse than
78.22% of 675 companies
in the REITs industry
Industry Median: 15.54 vs FRA:2ES: 23.13

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-28), Industrial & Infrastructure Fund Investment's stock price is €790.00. Industrial & Infrastructure Fund Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was €44.888. Therefore, Industrial & Infrastructure Fund Investment's PE Ratio (TTM) for today is 17.60.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Industrial & Infrastructure Fund Investment  (FRA:2ES) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Industrial & Infrastructure Fund Investment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=790.00/44.888
=17.60

Industrial & Infrastructure Fund Investment's share price for today is €790.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Industrial & Infrastructure Fund Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was €44.888.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Industrial & Infrastructure Fund Investment EV-to-EBITDA Related Terms


Industrial & Infrastructure Fund Investment EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Industrial & Infrastructure Fund Investment's EV-to-EBITDA 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.

Industrial & Infrastructure Fund Investment EV-to-EBITDA Chart

Industrial & Infrastructure Fund Investment Annual Data
Trend Dec16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.20 30.01 25.52 25.28 22.54

Industrial & Infrastructure Fund Investment Semi-Annual Data
Jun16 Dec16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 25.28 0.00 22.54 0.00

FRA:2ES vs PLD, PSA, EXR: EV-to-EBITDA Comparison

For the REIT - Industrial subindustry, Industrial & Infrastructure Fund Investment's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Industrial & Infrastructure Fund Investment EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Industrial & Infrastructure Fund Investment's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Industrial & Infrastructure Fund Investment's EV-to-EBITDA falls into.


FRA:2ES
77GF Score
Industrial & Infrastructure Fund Investment Corp FRA:2ES
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Industrial & Infrastructure Fund Investment EV-to-EBITDA Calculation

Industrial & Infrastructure Fund Investment's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3479.895/157.488
=22.10

Industrial & Infrastructure Fund Investment's current Enterprise Value is €3,479.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Industrial & Infrastructure Fund Investment's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was €157.5 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 22.10 mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a EV-to-EBITDA of 22.10 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Industrial & Infrastructure Fund Investment. This is 17% below median its historical median of 26.76. Over the past decade, Industrial & Infrastructure Fund Investment's EV-to-EBITDA has ranged from 22.31 to 36.60. According to the industry distribution chart, Industrial & Infrastructure Fund Investment ranks #528 out of 675 companies in the REITs industry, placing it in the top 78.2%.
Is Industrial & Infrastructure Fund Investment's EV-to-EBITDA too high?
Industrial & Infrastructure Fund Investment's current EV-to-EBITDA of 22.10 is 17% below median its 10-year median of 26.76. Over the past 10 years, this metric has ranged from a low of 22.31 to a high of 36.60. The REITs industry median EV-to-EBITDA is 15.54. Industrial & Infrastructure Fund Investment's value of 22.10 is 42.2% above this industry median. Based on the distribution chart, Industrial & Infrastructure Fund Investment ranks #528 out of 675 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's EV-to-EBITDA compare to PLD and PSA?
According to the REITs industry distribution chart, Industrial & Infrastructure Fund Investment ranks #528 out of 675 companies for EV-to-EBITDA. This places Industrial & Infrastructure Fund Investment in the lower half of its industry. The industry median EV-to-EBITDA is 15.54. Industrial & Infrastructure Fund Investment's value of 22.10 is 42.2% above this benchmark. Historically, Industrial & Infrastructure Fund Investment's own EV-to-EBITDA has ranged from 22.31 to 36.60 over the past decade. While the company's 10-year median is 26.76 vs. the industry median of 15.54, Industrial & Infrastructure Fund 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.54, based on 675 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Industrial & Infrastructure Fund Investment's current EV-to-EBITDA of 22.10 is 42.2% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Industrial & Infrastructure Fund Investment. For the REITs industry, the median EV-to-EBITDA is 15.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial & Infrastructure Fund Investment's current EV-to-EBITDA is 22.10, which is 17% below median its own 10-year median of 26.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current EV-to-EBITDA of 22.10. The stock's GF Value™ is €743.75, compared to a current price of €790.00 — trading 6.2% above its estimated fair value. The current EV-to-EBITDA is 22.10, which is 17% below median its 10-year median of 26.76 and 42.2% above the REITs industry median of 15.54. Industrial & Infrastructure Fund Investment's overall GF Score™ is 77/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Industrial & Infrastructure Fund Investment (FRA:2ES), the current EV-to-EBITDA is 22.10 as of Jul. 28, 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be overvalued. The current stock price of €790.00 is trading 6.2% above its estimated GF Value™ of €743.75.

Key valuation signals for FRA:2ES:

  • EV-to-EBITDA: 22.10 (17% below median its 10-year median of 26.76)
  • GF Value™: €743.75 vs. price of €790.00 (6.2% above fair value)
  • GF Score™: 77/100 with 11 warning signs
  • Industry Position: 42.2% above the REITs median (#528 of 675)

No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Industrial & Infrastructure Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 3249:Japan
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
77GF Score

Get the complete analysis for FRA:2ES

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€790.00
Price
€743.75
GF Value