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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Starts Proceed Investment's enterprise value is 円105,014 Mil.
Starts Proceed Investment's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was 円4,621 Mil. Therefore, Starts Proceed Investment's EV-to-EBITDA for today is 22.73.
The historical rank and industry rank for Starts Proceed Investment's EV-to-EBITDA or its related term are showing as below:
TSE:8979'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 19.63 Med: 22.96 Max: 27.95
Current: 22.73
During the past 13 years, the highest EV-to-EBITDA of Starts Proceed Investment was 27.95. The lowest was 19.63. And the median was 22.96.
TSE:8979's EV-to-EBITDA is ranked worse than 78.99% of 671
companies
in the REITs industry
Industry Median: 15.15
vs TSE:8979: 22.73
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.
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.
Starts Proceed Investment's PE Ratio (TTM) for today is calculated as:
Starts Proceed Investment's share price for today is 円185800.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Starts Proceed Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was 円8835.101.
* 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).
* 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:8979 vs AVB, EQR, ESS: EV-to-EBITDA Comparison
For the REIT - Residential subindustry, Starts Proceed 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.
Starts Proceed Investment EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Starts Proceed Investment's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Starts Proceed Investment's EV-to-EBITDA falls into.
Starts Proceed Investment's current Enterprise Value is 円105,014 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Starts Proceed Investment's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was 円4,621 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.
Starts Proceed Investment (TSE:8979) has a EV-to-EBITDA of 22.73 as of Aug. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Starts Proceed Investment. This is near median its historical median of 22.96. Over the past decade, Starts Proceed Investment's EV-to-EBITDA has ranged from 19.63 to 27.95. According to the industry distribution chart, Starts Proceed Investment ranks #530 out of 671 companies in the REITs industry, placing it in the top 79%.
Is Starts Proceed Investment's EV-to-EBITDA too high?
Starts Proceed Investment's current EV-to-EBITDA of 22.73 is near median its 10-year median of 22.96. Over the past 10 years, this metric has ranged from a low of 19.63 to a high of 27.95. The REITs industry median EV-to-EBITDA is 15.15. Starts Proceed Investment's value of 22.73 is 50% above this industry median. Based on the distribution chart, Starts Proceed Investment ranks #530 out of 671 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Starts Proceed Investment has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starts Proceed Investment's EV-to-EBITDA compare to AVB and EQR?
According to the REITs industry distribution chart, Starts Proceed Investment ranks #530 out of 671 companies for EV-to-EBITDA. This places Starts Proceed Investment in the lower half of its industry. The industry median EV-to-EBITDA is 15.15. Starts Proceed Investment's value of 22.73 is 50% above this benchmark. Historically, Starts Proceed Investment's own EV-to-EBITDA has ranged from 19.63 to 27.95 over the past decade. While the company's 10-year median is 22.96 vs. the industry median of 15.15, Starts Proceed 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 15.15, 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. Starts Proceed Investment's current EV-to-EBITDA of 22.73 is 50% 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 Starts Proceed Investment. For the REITs industry, the median EV-to-EBITDA is 15.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Proceed Investment's current EV-to-EBITDA is 22.73, which is near median its own 10-year median of 22.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Fairly Valued. The stock's GF Value™ is 円201,878.05, compared to a current price of 円185,800.00 — trading 8% below its estimated fair value. The current EV-to-EBITDA is 22.73, which is near median its 10-year median of 22.96 and 50% above the REITs industry median of 15.15. Starts Proceed Investment's overall GF Score™ is 65/100 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 Starts Proceed Investment (TSE:8979), the current EV-to-EBITDA is 22.73 as of Aug. 23, 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 Starts Proceed Investment (TSE:8979) Overvalued in 2026?
Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be undervalued.
The current stock price of 円185,800.00 is trading 8% below its estimated GF Value™ of 円201,878.05.
GuruFocus considers Starts Proceed Investment to be Fairly Valued.
Key valuation signals for TSE:8979:
EV-to-EBITDA: 22.73 (near median its 10-year median of 22.96)
GF Value™: 円201,878.05 vs. price of 円185,800.00 (8% below fair value)
Industry Position: 50% above the REITs median (#530 of 671)
No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.
65GF Score
Get the complete analysis for TSE:8979
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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