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Tokaido REIT (TSE:2989) EV-to-EBITDA : 24.72 (As of Jun. 14, 2024)


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What is Tokaido REIT EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tokaido REIT's enterprise value is 円52,042 Mil. Tokaido REIT's EBITDA for the trailing twelve months (TTM) ended in Jul. 2023 was 円2,105 Mil. Therefore, Tokaido REIT's EV-to-EBITDA for today is 24.72.

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

TSE:2989' s EV-to-EBITDA Range Over the Past 10 Years
Min: 24.58   Med: 43.75   Max: 45.76
Current: 24.72

During the past 3 years, the highest EV-to-EBITDA of Tokaido REIT was 45.76. The lowest was 24.58. And the median was 43.75.

TSE:2989's EV-to-EBITDA is ranked worse than
77.59% of 607 companies
in the REITs industry
Industry Median: 14.92 vs TSE:2989: 24.72

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 (2024-06-14), Tokaido REIT's stock price is 円122000.00. Tokaido REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2023 was 円6693.020. Therefore, Tokaido REIT's PE Ratio for today is 18.23.

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


Tokaido REIT EV-to-EBITDA Historical Data

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.

* Premium members only.

Tokaido REIT EV-to-EBITDA Chart

Tokaido REIT Annual Data
Trend Jul21 Jan22 Jul23
EV-to-EBITDA
- 52.63 29.02

Tokaido REIT Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
EV-to-EBITDA Get a 7-Day Free Trial 52.63 - - 29.02 -

Competitive Comparison of Tokaido REIT's EV-to-EBITDA

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's EV-to-EBITDA Distribution in the 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.



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)
=52041.954/2105.386
=24.72

Tokaido REIT's current Enterprise Value is 円52,042 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 Jul. 2023 was 円2,105 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.


Tokaido REIT  (TSE:2989) 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 to determine the fair market value of a company.

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

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=122000.00/6693.020
=18.23

Tokaido REIT's share price for today is 円122000.00.
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 Jul. 2023 was 円6693.020.

* 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.

Please read Which price ratio outperforms the enterprise multiple?


Tokaido REIT EV-to-EBITDA Related Terms

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


Tokaido REIT (TSE:2989) Business Description

Traded in Other Exchanges
N/A
Address
2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Website
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.

Tokaido REIT (TSE:2989) Headlines

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