Tokaido REIT (FRA:AI70) EV-to-EBITDA: 22.55 (As of Jul. 27, 2026) — 17% Below Median

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FRA:AI70 Tokaido REIT Inc FRA:AI70
44 GF Score
Price €525.00
GF Value €663.04
! 4 Warning Signs
View Full Analysis

What is Tokaido REIT EV-to-EBITDA?

Tokaido REIT FRA:AI70 44 EV-to-EBITDA is 22.55 as of Jul. 27, 2026, which is 17% below its 10-year median of 27.17. GuruFocus rates FRA:AI70 with a GF Score™ of 44/100 and a GF Value™ of €663.04. The stock has 4 warning signs investors should review. Among 676 REITs companies, Tokaido REIT ranks worse than 80.18% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tokaido REIT's enterprise value is €383.70 Mil. Tokaido REIT's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was €17.02 Mil. Therefore, Tokaido REIT's EV-to-EBITDA for today is 22.55.

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

FRA:AI70' s EV-to-EBITDA Range Over the Past 10 Years
Min: 21.81   Med: 27.17   Max: 45.76
Current: 23.65

During the past 5 years, the highest EV-to-EBITDA of Tokaido REIT was 45.76. The lowest was 21.81. And the median was 27.17.

FRA:AI70's EV-to-EBITDA is ranked worse than
80.18% of 676 companies
in the REITs industry
Industry Median: 15.51 vs FRA:AI70: 23.65

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 (2026-07-27), Tokaido REIT's stock price is €525.00. Tokaido REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was €37.769. Therefore, Tokaido REIT's PE Ratio (TTM) for today is 13.90.

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


Tokaido REIT  (FRA:AI70) 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.

Tokaido REIT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=525.00/37.769
=13.90

Tokaido REIT's share price for today is €525.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokaido REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was €37.769.

* 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?


Tokaido REIT EV-to-EBITDA Related Terms


Tokaido REIT EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tokaido REIT'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.

Tokaido REIT EV-to-EBITDA Chart

Tokaido REIT Annual Data
Trend Jul21 Jan22 Jul23 Jul24 Jul25
EV-to-EBITDA
0.00 52.66 29.06 26.07 23.66

Tokaido REIT Semi-Annual Data
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 0.00 26.07 0.00 23.66 0.00

FRA:AI70 vs VICI, WPC: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, Tokaido REIT'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.


Tokaido REIT EV-to-EBITDA vs REITs Industry

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

* The bar in red indicates where Tokaido REIT's EV-to-EBITDA falls into.


FRA:AI70
44GF Score
Tokaido REIT Inc FRA:AI70
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokaido REIT EV-to-EBITDA Calculation

Tokaido REIT's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=383.703/17.019
=22.55

Tokaido REIT's current Enterprise Value is €383.70 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokaido REIT's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was €17.02 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 22.55 mean?
Tokaido REIT (FRA:AI70) has a EV-to-EBITDA of 22.55 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tokaido REIT. This is 17% below median its historical median of 27.17. Over the past decade, Tokaido REIT's EV-to-EBITDA has ranged from 21.81 to 45.76. According to the industry distribution chart, Tokaido REIT ranks #542 out of 676 companies in the REITs industry, placing it in the top 80.2%.
Is Tokaido REIT's EV-to-EBITDA too high?
Tokaido REIT's current EV-to-EBITDA of 22.55 is 17% below median its 10-year median of 27.17. Over the past 10 years, this metric has ranged from a low of 21.81 to a high of 45.76. The REITs industry median EV-to-EBITDA is 15.51. Tokaido REIT's value of 22.55 is 45.4% above this industry median. Based on the distribution chart, Tokaido REIT ranks #542 out of 676 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Tokaido REIT has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Tokaido REIT's EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Tokaido REIT ranks #542 out of 676 companies for EV-to-EBITDA. This places Tokaido REIT in the lower half of its industry. The industry median EV-to-EBITDA is 15.51. Tokaido REIT's value of 22.55 is 45.4% above this benchmark. Historically, Tokaido REIT's own EV-to-EBITDA has ranged from 21.81 to 45.76 over the past decade. While the company's 10-year median is 27.17 vs. the industry median of 15.51, Tokaido REIT 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 15.51, based on 676 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. Tokaido REIT's current EV-to-EBITDA of 22.55 is 45.4% 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 Tokaido REIT. For the REITs industry, the median EV-to-EBITDA is 15.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokaido REIT's current EV-to-EBITDA is 22.55, which is 17% below median its own 10-year median of 27.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokaido REIT stock overvalued right now?
Tokaido REIT (FRA:AI70) has a current EV-to-EBITDA of 22.55. The stock's GF Value™ is €663.04, compared to a current price of €525.00 — trading 20.8% below its estimated fair value. The current EV-to-EBITDA is 22.55, which is 17% below median its 10-year median of 27.17 and 45.4% above the REITs industry median of 15.51. Tokaido REIT's overall GF Score™ is 44/100 with 4 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 Tokaido REIT (FRA:AI70), the current EV-to-EBITDA is 22.55 as of Jul. 27, 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 Tokaido REIT (FRA:AI70) Overvalued in 2026?

Based on GuruFocus' analysis, Tokaido REIT stock appears to be undervalued. The current stock price of €525.00 is trading 20.8% below its estimated GF Value™ of €663.04.

Key valuation signals for FRA:AI70:

  • EV-to-EBITDA: 22.55 (17% below median its 10-year median of 27.17)
  • GF Value™: €663.04 vs. price of €525.00 (20.8% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 45.4% above the REITs median (#542 of 676)

No single metric tells the full story. See the FRA:AI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokaido REIT Business Description

Industry Real EstateREITs
Other Exchanges 2989:Japan
Address 2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.
44GF Score

Get the complete analysis for FRA:AI70

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

€525.00
Price
€663.04
GF Value