Star Asia Investment (TSE:3468) EV-to-EBITDA: 20.31 (As of Sep. 03, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3468 Star Asia Investment Corp TSE:3468
50 GF Score
Price 円53,000.00
GF Value 円63,003.74
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Star Asia Investment EV-to-EBITDA?

Star Asia Investment TSE:3468 -0.56% 50 EV-to-EBITDA is 20.31 as of Sep. 03, 2026, which is 7% below its 10-year median of 21.80. GuruFocus rates TSE:3468 with a GF Score™ of 50/100 and a GF Value™ of 円63,003.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 666 REITs companies, Star Asia Investment ranks worse than 71.92% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Star Asia Investment's enterprise value is 円275,988 Mil. Star Asia Investment's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was 円13,587 Mil. Therefore, Star Asia Investment's EV-to-EBITDA for today is 20.31.

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

TSE:3468' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.75   Med: 21.8   Max: 26.85
Current: 20.31

During the past 10 years, the highest EV-to-EBITDA of Star Asia Investment was 26.85. The lowest was 10.75. And the median was 21.80.

TSE:3468's EV-to-EBITDA is ranked worse than
71.92% of 666 companies
in the REITs industry
Industry Median: 15.005 vs TSE:3468: 20.31

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 (2026-09-03), Star Asia Investment's stock price is 円53000.00. Star Asia Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was 円3572.000. Therefore, Star Asia Investment's PE Ratio (TTM) for today is 14.84.

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


Star Asia Investment  (TSE:3468) 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.

Star Asia Investment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=53000.00/3572.000
=14.84

Star Asia Investment's share price for today is 円53000.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Star Asia Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was 円3572.000.

* 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?


Star Asia Investment EV-to-EBITDA Related Terms


Star Asia Investment EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Star Asia 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.

Star Asia Investment EV-to-EBITDA Chart

Star Asia Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 26.87 25.13 24.89 22.27

Star Asia Investment Semi-Annual Data
Jul16 Jan17 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 24.89 0.00 22.27 0.00

TSE:3468 vs VICI, WPC: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, Star Asia 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.


Star Asia Investment EV-to-EBITDA vs REITs Industry

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

* The bar in red indicates where Star Asia Investment's EV-to-EBITDA falls into.


TSE:3468
50GF Score
Star Asia Investment Corp TSE:3468
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Asia Investment EV-to-EBITDA Calculation

Star Asia Investment's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=275987.529/13586.758
=20.31

Star Asia Investment's current Enterprise Value is 円275,988 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Star Asia Investment's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was 円13,587 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 20.31 mean?
Star Asia Investment (TSE:3468) has a EV-to-EBITDA of 20.31 as of Sep. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Star Asia Investment. This is near median its historical median of 21.80. Over the past decade, Star Asia Investment's EV-to-EBITDA has ranged from 10.75 to 26.85. According to the industry distribution chart, Star Asia Investment ranks #479 out of 666 companies in the REITs industry, placing it in the top 71.9%.
Is Star Asia Investment's EV-to-EBITDA too high?
Star Asia Investment's current EV-to-EBITDA of 20.31 is near median its 10-year median of 21.80. Over the past 10 years, this metric has ranged from a low of 10.75 to a high of 26.85. The REITs industry median EV-to-EBITDA is 15.01. Star Asia Investment's value of 20.31 is 35.4% above this industry median. Based on the distribution chart, Star Asia Investment ranks #479 out of 666 companies in the REITs industry, which is below the industry midpoint. Overall, Star Asia Investment has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Asia Investment's EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Star Asia Investment ranks #479 out of 666 companies for EV-to-EBITDA. This places Star Asia Investment in the lower half of its industry. The industry median EV-to-EBITDA is 15.01. Star Asia Investment's value of 20.31 is 35.4% above this benchmark. Historically, Star Asia Investment's own EV-to-EBITDA has ranged from 10.75 to 26.85 over the past decade. While the company's 10-year median is 21.80 vs. the industry median of 15.01, Star Asia 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 15.01, based on 666 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. Star Asia Investment's current EV-to-EBITDA of 20.31 is 35.4% 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 Star Asia Investment. For the REITs industry, the median EV-to-EBITDA is 15.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Asia Investment's current EV-to-EBITDA is 20.31, which is near median its own 10-year median of 21.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Asia Investment stock overvalued right now?
Based on GuruFocus' analysis, Star Asia Investment (TSE:3468) is currently considered Modestly Undervalued. The stock's GF Value™ is 円63,003.74, compared to a current price of 円53,000.00 — trading 15.9% below its estimated fair value. The current EV-to-EBITDA is 20.31, which is near median its 10-year median of 21.80 and 35.4% above the REITs industry median of 15.01. Star Asia Investment's overall GF Score™ is 50/100 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 Star Asia Investment (TSE:3468), the current EV-to-EBITDA is 20.31 as of Sep. 03, 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 Star Asia Investment (TSE:3468) Overvalued in 2026?

Based on GuruFocus' analysis, Star Asia Investment stock appears to be undervalued. The current stock price of 円53,000.00 is trading 15.9% below its estimated GF Value™ of 円63,003.74. GuruFocus considers Star Asia Investment to be Modestly Undervalued.

Key valuation signals for TSE:3468:

  • EV-to-EBITDA: 20.31 (near median its 10-year median of 21.80)
  • GF Value™: 円63,003.74 vs. price of 円53,000.00 (15.9% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 35.4% above the REITs median (#479 of 666)

No single metric tells the full story. See the TSE:3468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Asia Investment Business Description

Industry Real EstateREITs
Address 2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002
Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.
50GF Score

Get the complete analysis for TSE:3468

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

円53,000.00
Price
円63,003.74
GF Value