MNULF (Manulife US REIT) EV-to-EBITDA: -15.82 (As of Aug. 05, 2026)

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MNULF Manulife US REIT MNULF
29 GF Score
Price $0.13
GF Value $0.13
! 7 Warning Signs
View Full Analysis

What is Manulife US REIT EV-to-EBITDA?

Manulife US REIT MNULF 29 EV-to-EBITDA is -15.82 as of Aug. 05, 2026. GuruFocus rates MNULF with a GF Score™ of 29/100 and a GF Value™ of $0.13. The stock has 7 warning signs investors should review. Among 672 REITs companies, Manulife US REIT ranks worse than 148809.38% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Manulife US REIT's enterprise value is $602.2 Mil. Manulife US REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $-38.1 Mil. Therefore, Manulife US REIT's EV-to-EBITDA for today is -15.82.

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

MNULF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -53.37   Med: 10.36   Max: 28.46
Current: -15.87

During the past 13 years, the highest EV-to-EBITDA of Manulife US REIT was 28.46. The lowest was -53.37. And the median was 10.36.

MNULF's EV-to-EBITDA is ranked worse than
100% of 672 companies
in the REITs industry
Industry Median: 15.585 vs MNULF: -15.87

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 (2026-08-05), Manulife US REIT's stock price is $0.1274. Manulife US REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.045. Therefore, Manulife US REIT's PE Ratio (TTM) for today is At Loss.

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


Manulife US REIT  (OTCPK:MNULF) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.1274/-0.045
=At Loss

Manulife US REIT's share price for today is $0.1274.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Manulife US REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.045.

* 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?


Manulife US REIT EV-to-EBITDA Related Terms


Manulife US REIT EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Manulife US 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.

Manulife US REIT EV-to-EBITDA Chart

Manulife US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.81 -12.97 -2.71 -6.48 -14.34

Manulife US REIT Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -2.71 0.00 -6.48 0.00 -14.34

MNULF vs BXP, ARE, VNO: EV-to-EBITDA Comparison

For the REIT - Office subindustry, Manulife US 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.


Manulife US REIT EV-to-EBITDA vs REITs Industry

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

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


MNULF
29GF Score
Manulife US REIT MNULF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manulife US REIT EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=602.216/-38.058
=-15.82

Manulife US REIT's current Enterprise Value is $602.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Manulife US REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $-38.1 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 -15.82 mean?
Manulife US REIT (MNULF) has a EV-to-EBITDA of -15.82 as of Aug. 05, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Manulife US REIT. According to the industry distribution chart, Manulife US REIT ranks #999999 out of 672 companies in the REITs industry.
Is Manulife US REIT's EV-to-EBITDA too high?
Manulife US REIT's current EV-to-EBITDA is -15.82. Based on the distribution chart, Manulife US REIT ranks #999999 out of 672 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Manulife US REIT has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Manulife US REIT's EV-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Manulife US REIT ranks #999999 out of 672 companies for EV-to-EBITDA. This places Manulife US REIT in the lower half of its industry. The industry median EV-to-EBITDA is 15.59. 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 15.59, based on 672 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. 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 Manulife US REIT. For the REITs industry, the median EV-to-EBITDA is 15.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife US REIT's current EV-to-EBITDA is -15.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife US REIT stock overvalued right now?
Manulife US REIT (MNULF) has a current EV-to-EBITDA of -15.82. The stock's GF Value™ is $0.13, compared to a current price of $0.13 — trading 2% below its estimated fair value. The current EV-to-EBITDA is -15.82. Manulife US REIT's overall GF Score™ is 29/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Manulife US REIT (MNULF), the current EV-to-EBITDA is -15.82 as of Aug. 05, 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 Manulife US REIT (MNULF) Overvalued in 2026?

Based on GuruFocus' analysis, Manulife US REIT stock appears to be undervalued. The current stock price of $0.13 is trading 2% below its estimated GF Value™ of $0.13.

Key valuation signals for MNULF:

  • EV-to-EBITDA: -15.82
  • GF Value™: $0.13 vs. price of $0.13 (2% below fair value)
  • GF Score™: 29/100 with 7 warning signs

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


Manulife US REIT Business Description

Industry Real EstateREITs
Other Exchanges BTOU:Singapore
Address 8 Cross Street, No.16-03 Manulife Tower, Singapore, SGP, 048424
Manulife US REIT is a pure-play U.S. office REIT in Asia. The company along with its subsidiaries invests, directly or indirectly, in a portfolio of income-producing office real estate in markets in the U.S., as well as real estate-related assets. The Group's investment properties comprise commercial office properties. Some of its properties include Figueroa and Michelson in California along with Plaza and Exchange in New Jersey. Geographically, the majority is derived from the United States.
29GF Score

Get the complete analysis for MNULF

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

$0.13
Price
$0.13
GF Value