Tokyu Reit (TSE:8957) EV-to-EBITDA: 21.22 (As of Aug. 30, 2026) — 17% Below Median

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TSE:8957 Tokyu Reit Inc TSE:8957
73 GF Score
Price 円184,300.00
GF Value 円184,509.77
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tokyu Reit EV-to-EBITDA?

Tokyu Reit TSE:8957 -1.71% 73 EV-to-EBITDA is 21.22 as of Aug. 30, 2026, which is 17% below its 10-year median of 25.51. GuruFocus rates TSE:8957 with a GF Score™ of 73/100 and a GF Value™ of 円184,509.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 671 REITs companies, Tokyu Reit ranks worse than 74.81% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tokyu Reit's enterprise value is 円273,914 Mil. Tokyu Reit's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was 円12,908 Mil. Therefore, Tokyu Reit's EV-to-EBITDA for today is 21.22.

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

TSE:8957' s EV-to-EBITDA Range Over the Past 10 Years
Min: 18.21   Med: 25.51   Max: 34.43
Current: 21.22

During the past 13 years, the highest EV-to-EBITDA of Tokyu Reit was 34.43. The lowest was 18.21. And the median was 25.51.

TSE:8957's EV-to-EBITDA is ranked worse than
74.81% of 671 companies
in the REITs industry
Industry Median: 15.33 vs TSE:8957: 21.22

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 (2026-08-30), Tokyu Reit's stock price is 円184300.00. Tokyu Reit's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was 円10464.090. Therefore, Tokyu Reit's PE Ratio (TTM) for today is 17.61.

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


Tokyu Reit  (TSE:8957) 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.

Tokyu Reit's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=184300.00/10464.090
=17.61

Tokyu Reit's share price for today is 円184300.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was 円10464.090.

* 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?


Tokyu Reit EV-to-EBITDA Related Terms


Tokyu Reit EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tokyu 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.

Tokyu Reit EV-to-EBITDA Chart

Tokyu Reit 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 28.94 20.10 20.60 21.79 23.48

Tokyu Reit 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 21.79 0.00 23.48 0.00

TSE:8957 vs VICI, WPC: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, Tokyu 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.


Tokyu Reit EV-to-EBITDA vs REITs Industry

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

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


TSE:8957
73GF Score
Tokyu Reit Inc TSE:8957
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyu Reit EV-to-EBITDA Calculation

Tokyu Reit's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=273914.095/12907.668
=21.22

Tokyu Reit's current Enterprise Value is 円273,914 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was 円12,908 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 21.22 mean?
Tokyu Reit (TSE:8957) has a EV-to-EBITDA of 21.22 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 Tokyu Reit. This is 17% below median its historical median of 25.51. Over the past decade, Tokyu Reit's EV-to-EBITDA has ranged from 18.21 to 34.43. According to the industry distribution chart, Tokyu Reit ranks #502 out of 671 companies in the REITs industry, placing it in the top 74.8%.
Is Tokyu Reit's EV-to-EBITDA too high?
Tokyu Reit's current EV-to-EBITDA of 21.22 is 17% below median its 10-year median of 25.51. Over the past 10 years, this metric has ranged from a low of 18.21 to a high of 34.43. The REITs industry median EV-to-EBITDA is 15.33. Tokyu Reit's value of 21.22 is 38.4% above this industry median. Based on the distribution chart, Tokyu Reit ranks #502 out of 671 companies in the REITs industry, which is below the industry midpoint. Overall, Tokyu Reit has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Reit's EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Tokyu Reit ranks #502 out of 671 companies for EV-to-EBITDA. This places Tokyu Reit in the lower half of its industry. The industry median EV-to-EBITDA is 15.33. Tokyu Reit's value of 21.22 is 38.4% above this benchmark. Historically, Tokyu Reit's own EV-to-EBITDA has ranged from 18.21 to 34.43 over the past decade. While the company's 10-year median is 25.51 vs. the industry median of 15.33, Tokyu Reit 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. Tokyu Reit's current EV-to-EBITDA of 21.22 is 38.4% 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 Tokyu Reit. 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. Tokyu Reit's current EV-to-EBITDA is 21.22, which is 17% below median its own 10-year median of 25.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Reit stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Reit (TSE:8957) is currently considered Fairly Valued. The stock's GF Value™ is 円184,509.77, compared to a current price of 円184,300.00 — trading 0.1% below its estimated fair value. The current EV-to-EBITDA is 21.22, which is 17% below median its 10-year median of 25.51 and 38.4% above the REITs industry median of 15.33. Tokyu Reit's overall GF Score™ is 73/100 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 Tokyu Reit (TSE:8957), the current EV-to-EBITDA is 21.22 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 Tokyu Reit (TSE:8957) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyu Reit stock appears to be undervalued. The current stock price of 円184,300.00 is trading 0.1% below its estimated GF Value™ of 円184,509.77. GuruFocus considers Tokyu Reit to be Fairly Valued.

Key valuation signals for TSE:8957:

  • EV-to-EBITDA: 21.22 (17% below median its 10-year median of 25.51)
  • GF Value™: 円184,509.77 vs. price of 円184,300.00 (0.1% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 38.4% above the REITs median (#502 of 671)

No single metric tells the full story. See the TSE:8957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyu Reit Business Description

Industry Real EstateREITs
Address 1-12-1, Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards.
73GF Score

Get the complete analysis for TSE:8957

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

円184,300.00
Price
円184,509.77
GF Value