Hankyu Hanshin REIT (TSE:8977) EV-to-EBITDA: 23.55 (As of Aug. 25, 2026) — Near Median

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TSE:8977 Hankyu Hanshin REIT Inc TSE:8977
58 GF Score
Price 円135,800.00
GF Value 円154,753.55
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hankyu Hanshin REIT EV-to-EBITDA?

Hankyu Hanshin REIT TSE:8977 +0.37% 58 EV-to-EBITDA is 23.55 as of Aug. 25, 2026, which is 7% below its 10-year median of 25.34. GuruFocus rates TSE:8977 with a GF Score™ of 58/100 and a GF Value™ of 円154,753.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 672 REITs companies, Hankyu Hanshin REIT ranks worse than 80.95% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hankyu Hanshin REIT's enterprise value is 円177,070 Mil. Hankyu Hanshin REIT's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was 円7,520 Mil. Therefore, Hankyu Hanshin REIT's EV-to-EBITDA for today is 23.55.

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

TSE:8977' s EV-to-EBITDA Range Over the Past 10 Years
Min: 18.84   Med: 25.34   Max: 29.83
Current: 23.55

During the past 13 years, the highest EV-to-EBITDA of Hankyu Hanshin REIT was 29.83. The lowest was 18.84. And the median was 25.34.

TSE:8977's EV-to-EBITDA is ranked worse than
80.95% of 672 companies
in the REITs industry
Industry Median: 15.275 vs TSE:8977: 23.55

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 (2026-08-25), Hankyu Hanshin REIT's stock price is 円135800.00. Hankyu Hanshin REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was 円6680.962. Therefore, Hankyu Hanshin REIT's PE Ratio (TTM) for today is 20.33.

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


Hankyu Hanshin REIT  (TSE:8977) 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.

Hankyu Hanshin REIT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=135800.00/6680.962
=20.33

Hankyu Hanshin REIT's share price for today is 円135800.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was 円6680.962.

* 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?


Hankyu Hanshin REIT EV-to-EBITDA Related Terms


Hankyu Hanshin REIT EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hankyu Hanshin 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.

Hankyu Hanshin REIT EV-to-EBITDA Chart

Hankyu Hanshin REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.65 26.51 25.58 23.69 26.82

Hankyu Hanshin REIT Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 23.69 0.00 26.82 0.00

TSE:8977 vs VICI, WPC: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, Hankyu Hanshin 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.


Hankyu Hanshin REIT EV-to-EBITDA vs REITs Industry

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

* The bar in red indicates where Hankyu Hanshin REIT's EV-to-EBITDA falls into.


TSE:8977
58GF Score
Hankyu Hanshin REIT Inc TSE:8977
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hankyu Hanshin REIT EV-to-EBITDA Calculation

Hankyu Hanshin REIT's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=177069.734/7520.32
=23.55

Hankyu Hanshin REIT's current Enterprise Value is 円177,070 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was 円7,520 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 23.55 mean?
Hankyu Hanshin REIT (TSE:8977) has a EV-to-EBITDA of 23.55 as of Aug. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Hankyu Hanshin REIT. This is near median its historical median of 25.34. Over the past decade, Hankyu Hanshin REIT's EV-to-EBITDA has ranged from 18.84 to 29.83. According to the industry distribution chart, Hankyu Hanshin REIT ranks #544 out of 672 companies in the REITs industry, placing it in the top 81%.
Is Hankyu Hanshin REIT's EV-to-EBITDA too high?
Hankyu Hanshin REIT's current EV-to-EBITDA of 23.55 is near median its 10-year median of 25.34. Over the past 10 years, this metric has ranged from a low of 18.84 to a high of 29.83. The REITs industry median EV-to-EBITDA is 15.28. Hankyu Hanshin REIT's value of 23.55 is 54.2% above this industry median. Based on the distribution chart, Hankyu Hanshin REIT ranks #544 out of 672 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Hankyu Hanshin REIT ranks #544 out of 672 companies for EV-to-EBITDA. This places Hankyu Hanshin REIT in the lower half of its industry. The industry median EV-to-EBITDA is 15.28. Hankyu Hanshin REIT's value of 23.55 is 54.2% above this benchmark. Historically, Hankyu Hanshin REIT's own EV-to-EBITDA has ranged from 18.84 to 29.83 over the past decade. While the company's 10-year median is 25.34 vs. the industry median of 15.28, Hankyu Hanshin 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 15.28, based on 672 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. Hankyu Hanshin REIT's current EV-to-EBITDA of 23.55 is 54.2% 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 Hankyu Hanshin REIT. For the REITs industry, the median EV-to-EBITDA is 15.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hankyu Hanshin REIT's current EV-to-EBITDA is 23.55, which is near median its own 10-year median of 25.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円154,753.55, compared to a current price of 円135,800.00 — trading 12.2% below its estimated fair value. The current EV-to-EBITDA is 23.55, which is near median its 10-year median of 25.34 and 54.2% above the REITs industry median of 15.28. Hankyu Hanshin REIT's overall GF Score™ is 58/100 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 Hankyu Hanshin REIT (TSE:8977), the current EV-to-EBITDA is 23.55 as of Aug. 25, 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?

Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued. The current stock price of 円135,800.00 is trading 12.2% below its estimated GF Value™ of 円154,753.55. GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.

Key valuation signals for TSE:8977:

  • EV-to-EBITDA: 23.55 (near median its 10-year median of 25.34)
  • GF Value™: 円154,753.55 vs. price of 円135,800.00 (12.2% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 54.2% above the REITs median (#544 of 672)

No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hankyu Hanshin REIT Business Description

Industry Real EstateREITs
Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
58GF Score

Get the complete analysis for TSE:8977

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

円135,800.00
Price
円154,753.55
GF Value