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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nippon Building Fund's enterprise value is 円1,729,763 Mil.
Nippon Building Fund's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was 円63,696 Mil. Therefore, Nippon Building Fund's EV-to-EBITDA for today is 27.16.
The historical rank and industry rank for Nippon Building Fund's EV-to-EBITDA or its related term are showing as below:
TSE:8951'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 23.21 Med: 27.6 Max: 34.8
Current: 27.16
During the past 13 years, the highest EV-to-EBITDA of Nippon Building Fund was 34.80. The lowest was 23.21. And the median was 27.60.
TSE:8951's EV-to-EBITDA is ranked worse than 86.14% of 671
companies
in the REITs industry
Industry Median: 15.33
vs TSE:8951: 27.16
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.
Nippon Building Fund (TSE:8951) 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.
Nippon Building Fund's PE Ratio (TTM) for today is calculated as:
Nippon Building Fund's share price for today is 円127700.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was 円4999.256.
* 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).
The historical data trend for Nippon Building Fund'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.
TSE:8951 vs BXP, ARE, VNO: EV-to-EBITDA Comparison
For the REIT - Office subindustry, Nippon Building Fund'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.
Nippon Building Fund EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's EV-to-EBITDA falls into.
Nippon Building Fund's current Enterprise Value is 円1,729,763 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was 円63,696 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.
Nippon Building Fund (TSE:8951) has a EV-to-EBITDA of 27.16 as of Aug. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nippon Building Fund. This is near median its historical median of 27.60. Over the past decade, Nippon Building Fund's EV-to-EBITDA has ranged from 23.21 to 34.80. According to the industry distribution chart, Nippon Building Fund ranks #578 out of 671 companies in the REITs industry, placing it in the top 86.1%.
Is Nippon Building Fund's EV-to-EBITDA too high?
Nippon Building Fund's current EV-to-EBITDA of 27.16 is near median its 10-year median of 27.60. Over the past 10 years, this metric has ranged from a low of 23.21 to a high of 34.80. The REITs industry median EV-to-EBITDA is 15.33. Nippon Building Fund's value of 27.16 is 77.2% above this industry median. Based on the distribution chart, Nippon Building Fund ranks #578 out of 671 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Nippon Building Fund has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's EV-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Nippon Building Fund ranks #578 out of 671 companies for EV-to-EBITDA. This places Nippon Building Fund in the lower half of its industry. The industry median EV-to-EBITDA is 15.33. Nippon Building Fund's value of 27.16 is 77.2% above this benchmark. Historically, Nippon Building Fund's own EV-to-EBITDA has ranged from 23.21 to 34.80 over the past decade. While the company's 10-year median is 27.60 vs. the industry median of 15.33, Nippon Building Fund 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 15.33, based on 671 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. Nippon Building Fund's current EV-to-EBITDA of 27.16 is 77.2% 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 Nippon Building Fund. For the REITs industry, the median EV-to-EBITDA is 15.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Building Fund's current EV-to-EBITDA is 27.16, which is near median its own 10-year median of 27.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Building Fund stock overvalued right now?
Based on GuruFocus' analysis, Nippon Building Fund (TSE:8951) is currently considered Fairly Valued. The stock's GF Value™ is 円117,156.45, compared to a current price of 円127,700.00 — trading 9% above its estimated fair value. The current EV-to-EBITDA is 27.16, which is near median its 10-year median of 27.60 and 77.2% above the REITs industry median of 15.33. Nippon Building Fund's overall GF Score™ is 68/100 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 Nippon Building Fund (TSE:8951), the current EV-to-EBITDA is 27.16 as of Aug. 30, 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 Nippon Building Fund (TSE:8951) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Building Fund stock appears to be overvalued.
The current stock price of 円127,700.00 is trading 9% above its estimated GF Value™ of 円117,156.45.
GuruFocus considers Nippon Building Fund to be Fairly Valued.
Key valuation signals for TSE:8951:
EV-to-EBITDA: 27.16 (near median its 10-year median of 27.60)
GF Value™: 円117,156.45 vs. price of 円127,700.00 (9% above fair value)
Industry Position: 77.2% above the REITs median (#578 of 671)
No single metric tells the full story. See the TSE:8951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio comprises of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
68GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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