MIRARTH Real Estate Investment (TSE:3492) EV-to-EBITDA: 21.12 (As of Sep. 06, 2026) — Near Median

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TSE:3492 MIRARTH Real Estate Investment Corp TSE:3492
51 GF Score
Price 円78,900.00
GF Value 円103,345.73
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is MIRARTH Real Estate Investment EV-to-EBITDA?

MIRARTH Real Estate Investment TSE:3492 +0.25% 51 EV-to-EBITDA is 21.12 as of Sep. 06, 2026, which is 8% below its 10-year median of 23.05. GuruFocus rates TSE:3492 with a GF Score™ of 51/100 and a GF Value™ of 円103,345.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 668 REITs companies, MIRARTH Real Estate Investment ranks worse than 74.1% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, MIRARTH Real Estate Investment's enterprise value is 円166,970 Mil. MIRARTH Real Estate Investment's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円7,905 Mil. Therefore, MIRARTH Real Estate Investment's EV-to-EBITDA for today is 21.12.

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

TSE:3492' s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.65   Med: 23.05   Max: 606.41
Current: 21.12

During the past 8 years, the highest EV-to-EBITDA of MIRARTH Real Estate Investment was 606.41. The lowest was 14.65. And the median was 23.05.

TSE:3492's EV-to-EBITDA is ranked worse than
74.1% of 668 companies
in the REITs industry
Industry Median: 15.015 vs TSE:3492: 21.12

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 (2026-09-06), MIRARTH Real Estate Investment's stock price is 円78900.00. MIRARTH Real Estate Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円5.805. Therefore, MIRARTH Real Estate Investment's PE Ratio (TTM) for today is 13,591.73.

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


MIRARTH Real Estate Investment  (TSE:3492) 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.

MIRARTH Real Estate Investment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=78900.00/5.805
=13,591.73

MIRARTH Real Estate Investment's share price for today is 円78900.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MIRARTH Real Estate Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円5.805.

* 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?


MIRARTH Real Estate Investment EV-to-EBITDA Related Terms


MIRARTH Real Estate Investment EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for MIRARTH Real Estate 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.

MIRARTH Real Estate Investment EV-to-EBITDA Chart

MIRARTH Real Estate Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-EBITDA
Get a 7-Day Free Trial 22.52 23.97 25.21 27.51 21.84

MIRARTH Real Estate Investment Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 27.51 0.00 21.84 0.00

TSE:3492 vs VICI, WPC: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, MIRARTH Real Estate 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.


MIRARTH Real Estate Investment EV-to-EBITDA vs REITs Industry

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

* The bar in red indicates where MIRARTH Real Estate Investment's EV-to-EBITDA falls into.


TSE:3492
51GF Score
MIRARTH Real Estate Investment Corp TSE:3492
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MIRARTH Real Estate Investment EV-to-EBITDA Calculation

MIRARTH Real Estate Investment's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=166969.755/7905.028
=21.12

MIRARTH Real Estate Investment's current Enterprise Value is 円166,970 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MIRARTH Real Estate Investment's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円7,905 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 21.12 mean?
MIRARTH Real Estate Investment (TSE:3492) has a EV-to-EBITDA of 21.12 as of Sep. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on MIRARTH Real Estate Investment. This is near median its historical median of 23.05. Over the past decade, MIRARTH Real Estate Investment's EV-to-EBITDA has ranged from 14.65 to 606.41. According to the industry distribution chart, MIRARTH Real Estate Investment ranks #495 out of 668 companies in the REITs industry, placing it in the top 74.1%.
Is MIRARTH Real Estate Investment's EV-to-EBITDA too high?
MIRARTH Real Estate Investment's current EV-to-EBITDA of 21.12 is near median its 10-year median of 23.05. Over the past 10 years, this metric has ranged from a low of 14.65 to a high of 606.41. The REITs industry median EV-to-EBITDA is 15.02. MIRARTH Real Estate Investment's value of 21.12 is 40.7% above this industry median. Based on the distribution chart, MIRARTH Real Estate Investment ranks #495 out of 668 companies in the REITs industry, which is below the industry midpoint. Overall, MIRARTH Real Estate Investment has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MIRARTH Real Estate Investment's EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, MIRARTH Real Estate Investment ranks #495 out of 668 companies for EV-to-EBITDA. This places MIRARTH Real Estate Investment in the lower half of its industry. The industry median EV-to-EBITDA is 15.02. MIRARTH Real Estate Investment's value of 21.12 is 40.7% above this benchmark. Historically, MIRARTH Real Estate Investment's own EV-to-EBITDA has ranged from 14.65 to 606.41 over the past decade. While the company's 10-year median is 23.05 vs. the industry median of 15.02, MIRARTH Real Estate 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 15.02, based on 668 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. MIRARTH Real Estate Investment's current EV-to-EBITDA of 21.12 is 40.7% 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 MIRARTH Real Estate Investment. For the REITs industry, the median EV-to-EBITDA is 15.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIRARTH Real Estate Investment's current EV-to-EBITDA is 21.12, which is near median its own 10-year median of 23.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRARTH Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, MIRARTH Real Estate Investment (TSE:3492) is currently considered Modestly Undervalued. The stock's GF Value™ is 円103,345.73, compared to a current price of 円78,900.00 — trading 23.7% below its estimated fair value. The current EV-to-EBITDA is 21.12, which is near median its 10-year median of 23.05 and 40.7% above the REITs industry median of 15.02. MIRARTH Real Estate Investment's overall GF Score™ is 51/100 with 5 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 MIRARTH Real Estate Investment (TSE:3492), the current EV-to-EBITDA is 21.12 as of Sep. 06, 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 MIRARTH Real Estate Investment (TSE:3492) Overvalued in 2026?

Based on GuruFocus' analysis, MIRARTH Real Estate Investment stock appears to be undervalued. The current stock price of 円78,900.00 is trading 23.7% below its estimated GF Value™ of 円103,345.73. GuruFocus considers MIRARTH Real Estate Investment to be Modestly Undervalued.

Key valuation signals for TSE:3492:

  • EV-to-EBITDA: 21.12 (near median its 10-year median of 23.05)
  • GF Value™: 円103,345.73 vs. price of 円78,900.00 (23.7% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 40.7% above the REITs median (#495 of 668)

No single metric tells the full story. See the TSE:3492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIRARTH Real Estate Investment Business Description

Industry Real EstateREITs
Address 2-2-1 Otemachi, Shin-Otemachi Building, 3rd Floor, Chiyoda-ku, Tokyo, JPN, 107-0052
MIRARTH Real Estate Investment Corp is a J-REIT that invests in residential properties, as well as office buildings, retail facilities, hotels, and other properties. It aims to build a diverse, comprehensive portfolio consisting of residential, office, hotel, commercial, and other properties by maximizing the strengths of each sponsor company through property development, property revitalization, and flexible property acquisition in the external real estate market.
51GF Score

Get the complete analysis for TSE:3492

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

円78,900.00
Price
円103,345.73
GF Value