PICJF (NTT UD Reit Investment) EV-to-EBITDA: 22.10 (As of Jul. 23, 2026) — Near Median

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PICJF NTT UD Reit Investment Corp PICJF
62 GF Score
Price $892.43
GF Value $926.58
! 10 Warning Signs
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What is NTT UD Reit Investment EV-to-EBITDA?

NTT UD Reit Investment PICJF 62 EV-to-EBITDA is 22.10 as of Jul. 23, 2026, which is 6% below its 10-year median of 23.44. GuruFocus rates PICJF with a GF Score™ of 62/100 and a GF Value™ of $926.58. The stock has 10 warning signs investors should review. Among 680 REITs companies, NTT UD Reit Investment ranks worse than 79.12% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NTT UD Reit Investment's enterprise value is $1,948.2 Mil. NTT UD Reit Investment's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $88.2 Mil. Therefore, NTT UD Reit Investment's EV-to-EBITDA for today is 22.10.

The historical rank and industry rank for NTT UD Reit Investment's EV-to-EBITDA or its related term are showing as below:

PICJF' s EV-to-EBITDA Range Over the Past 10 Years
Min: 17.69   Med: 23.44   Max: 29.41
Current: 22.77

During the past 13 years, the highest EV-to-EBITDA of NTT UD Reit Investment was 29.41. The lowest was 17.69. And the median was 23.44.

PICJF's EV-to-EBITDA is ranked worse than
79.12% of 680 companies
in the REITs industry
Industry Median: 15.445 vs PICJF: 22.77

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 (2026-07-23), NTT UD Reit Investment's stock price is $892.428. NTT UD Reit Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $39.372. Therefore, NTT UD Reit Investment's PE Ratio (TTM) for today is 22.67.

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


NTT UD Reit Investment  (OTCPK:PICJF) 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.

NTT UD Reit Investment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=892.428/39.372
=22.67

NTT UD Reit Investment's share price for today is $892.428.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NTT UD Reit Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $39.372.

* 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?


NTT UD Reit Investment EV-to-EBITDA Related Terms


NTT UD Reit Investment EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NTT UD Reit 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.

NTT UD Reit Investment EV-to-EBITDA Chart

NTT UD Reit Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.06 22.12 20.09 22.61 24.07

NTT UD Reit Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 22.61 0.00 24.07 0.00

PICJF vs VICI, WPC: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, NTT UD Reit 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.


NTT UD Reit Investment EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, NTT UD Reit Investment's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NTT UD Reit Investment's EV-to-EBITDA falls into.


PICJF
62GF Score
NTT UD Reit Investment Corp PICJF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT UD Reit Investment EV-to-EBITDA Calculation

NTT UD Reit Investment's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1948.183/88.173
=22.10

NTT UD Reit Investment's current Enterprise Value is $1,948.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NTT UD Reit Investment's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $88.2 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?
NTT UD Reit Investment (PICJF) has a EV-to-EBITDA of 22.10 as of Jul. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NTT UD Reit Investment. This is near median its historical median of 23.44. Over the past decade, NTT UD Reit Investment's EV-to-EBITDA has ranged from 17.69 to 29.41. According to the industry distribution chart, NTT UD Reit Investment ranks #538 out of 680 companies in the REITs industry, placing it in the top 79.1%.
Is NTT UD Reit Investment's EV-to-EBITDA too high?
NTT UD Reit Investment's current EV-to-EBITDA of 22.10 is near median its 10-year median of 23.44. Over the past 10 years, this metric has ranged from a low of 17.69 to a high of 29.41. The REITs industry median EV-to-EBITDA is 15.45. NTT UD Reit Investment's value of 22.10 is 43.1% above this industry median. Based on the distribution chart, NTT UD Reit Investment ranks #538 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, NTT UD Reit Investment has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does NTT UD Reit Investment's EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, NTT UD Reit Investment ranks #538 out of 680 companies for EV-to-EBITDA. This places NTT UD Reit Investment in the lower half of its industry. The industry median EV-to-EBITDA is 15.45. NTT UD Reit Investment's value of 22.10 is 43.1% above this benchmark. Historically, NTT UD Reit Investment's own EV-to-EBITDA has ranged from 17.69 to 29.41 over the past decade. While the company's 10-year median is 23.44 vs. the industry median of 15.45, NTT UD Reit 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 15.45, based on 680 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. NTT UD Reit Investment's current EV-to-EBITDA of 22.10 is 43.1% 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 NTT UD Reit Investment. For the REITs industry, the median EV-to-EBITDA is 15.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT UD Reit Investment's current EV-to-EBITDA is 22.10, which is near median its own 10-year median of 23.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT UD Reit Investment stock overvalued right now?
NTT UD Reit Investment (PICJF) has a current EV-to-EBITDA of 22.10. The stock's GF Value™ is $926.58, compared to a current price of $892.43 — trading 3.7% below its estimated fair value. The current EV-to-EBITDA is 22.10, which is near median its 10-year median of 23.44 and 43.1% above the REITs industry median of 15.45. NTT UD Reit Investment's overall GF Score™ is 62/100 with 10 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 NTT UD Reit Investment (PICJF), the current EV-to-EBITDA is 22.10 as of Jul. 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 NTT UD Reit Investment (PICJF) Overvalued in 2026?

Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued. The current stock price of $892.43 is trading 3.7% below its estimated GF Value™ of $926.58.

Key valuation signals for PICJF:

  • EV-to-EBITDA: 22.10 (near median its 10-year median of 23.44)
  • GF Value™: $926.58 vs. price of $892.43 (3.7% below fair value)
  • GF Score™: 62/100 with 10 warning signs
  • Industry Position: 43.1% above the REITs median (#538 of 680)

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


NTT UD Reit Investment Business Description

Industry Real EstateREITs
Other Exchanges 8956:Japan
Address 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.
62GF Score

Get the complete analysis for PICJF

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

$892.43
Price
$926.58
GF Value