Daiwa House REIT Investment (TSE:8984) EV-to-EBITDA: 20.13 (As of Sep. 04, 2026) — 22% Below Median

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TSE:8984 Daiwa House REIT Investment Corp TSE:8984
60 GF Score
Price 円116,800.00
GF Value 円125,578.94
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Daiwa House REIT Investment EV-to-EBITDA?

Daiwa House REIT Investment TSE:8984 +0.52% 60 EV-to-EBITDA is 20.13 as of Sep. 04, 2026, which is 22% below its 10-year median of 25.88. GuruFocus rates TSE:8984 with a GF Score™ of 60/100 and a GF Value™ of 円125,578.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 665 REITs companies, Daiwa House REIT Investment ranks worse than 71.13% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Daiwa House REIT Investment's enterprise value is 円916,979 Mil. Daiwa House REIT Investment's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円45,554 Mil. Therefore, Daiwa House REIT Investment's EV-to-EBITDA for today is 20.13.

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

TSE:8984' s EV-to-EBITDA Range Over the Past 10 Years
Min: 19.76   Med: 25.88   Max: 30.93
Current: 20.13

During the past 13 years, the highest EV-to-EBITDA of Daiwa House REIT Investment was 30.93. The lowest was 19.76. And the median was 25.88.

TSE:8984's EV-to-EBITDA is ranked worse than
71.13% of 665 companies
in the REITs industry
Industry Median: 15 vs TSE:8984: 20.13

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 (2026-09-04), Daiwa House REIT Investment's stock price is 円116800.00. Daiwa House REIT Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円5948.929. Therefore, Daiwa House REIT Investment's PE Ratio (TTM) for today is 19.63.

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


Daiwa House REIT Investment  (TSE:8984) 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.

Daiwa House REIT Investment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=116800.00/5948.929
=19.63

Daiwa House REIT Investment's share price for today is 円116800.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円5948.929.

* 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?


Daiwa House REIT Investment EV-to-EBITDA Related Terms


Daiwa House REIT Investment EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Daiwa House REIT 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.

Daiwa House REIT Investment EV-to-EBITDA Chart

Daiwa House REIT Investment Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.85 27.77 25.20 24.23 20.75

Daiwa House REIT Investment Semi-Annual Data
Aug16 Feb17 Aug17 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 Premium Member Only Premium Member Only Premium Member Only 0.00 24.23 0.00 20.75 0.00

TSE:8984 vs VICI, WPC: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, Daiwa House REIT 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.


Daiwa House REIT Investment EV-to-EBITDA vs REITs Industry

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

* The bar in red indicates where Daiwa House REIT Investment's EV-to-EBITDA falls into.


TSE:8984
60GF Score
Daiwa House REIT Investment Corp TSE:8984
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa House REIT Investment EV-to-EBITDA Calculation

Daiwa House REIT Investment's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=916978.963/45554.427
=20.13

Daiwa House REIT Investment's current Enterprise Value is 円916,979 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円45,554 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 20.13 mean?
Daiwa House REIT Investment (TSE:8984) has a EV-to-EBITDA of 20.13 as of Sep. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Daiwa House REIT Investment. This is 22% below median its historical median of 25.88. Over the past decade, Daiwa House REIT Investment's EV-to-EBITDA has ranged from 19.76 to 30.93. According to the industry distribution chart, Daiwa House REIT Investment ranks #473 out of 665 companies in the REITs industry, placing it in the top 71.1%.
Is Daiwa House REIT Investment's EV-to-EBITDA too high?
Daiwa House REIT Investment's current EV-to-EBITDA of 20.13 is 22% below median its 10-year median of 25.88. Over the past 10 years, this metric has ranged from a low of 19.76 to a high of 30.93. The REITs industry median EV-to-EBITDA is 15.00. Daiwa House REIT Investment's value of 20.13 is 34.2% above this industry median. Based on the distribution chart, Daiwa House REIT Investment ranks #473 out of 665 companies in the REITs industry, which is below the industry midpoint. Overall, Daiwa House REIT Investment has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Daiwa House REIT Investment ranks #473 out of 665 companies for EV-to-EBITDA. This places Daiwa House REIT Investment in the lower half of its industry. The industry median EV-to-EBITDA is 15.00. Daiwa House REIT Investment's value of 20.13 is 34.2% above this benchmark. Historically, Daiwa House REIT Investment's own EV-to-EBITDA has ranged from 19.76 to 30.93 over the past decade. While the company's 10-year median is 25.88 vs. the industry median of 15.00, Daiwa House REIT 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 15.00, based on 665 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. Daiwa House REIT Investment's current EV-to-EBITDA of 20.13 is 34.2% 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 Daiwa House REIT Investment. For the REITs industry, the median EV-to-EBITDA is 15.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa House REIT Investment's current EV-to-EBITDA is 20.13, which is 22% below median its own 10-year median of 25.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House REIT Investment (TSE:8984) is currently considered Fairly Valued. The stock's GF Value™ is 円125,578.94, compared to a current price of 円116,800.00 — trading 7% below its estimated fair value. The current EV-to-EBITDA is 20.13, which is 22% below median its 10-year median of 25.88 and 34.2% above the REITs industry median of 15.00. Daiwa House REIT Investment's overall GF Score™ is 60/100 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 Daiwa House REIT Investment (TSE:8984), the current EV-to-EBITDA is 20.13 as of Sep. 04, 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 Daiwa House REIT Investment (TSE:8984) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa House REIT Investment stock appears to be undervalued. The current stock price of 円116,800.00 is trading 7% below its estimated GF Value™ of 円125,578.94. GuruFocus considers Daiwa House REIT Investment to be Fairly Valued.

Key valuation signals for TSE:8984:

  • EV-to-EBITDA: 20.13 (22% below median its 10-year median of 25.88)
  • GF Value™: 円125,578.94 vs. price of 円116,800.00 (7% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 34.2% above the REITs median (#473 of 665)

No single metric tells the full story. See the TSE:8984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa House REIT Investment Business Description

Industry Real EstateREITs
Address 2-4-8, Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.
60GF Score

Get the complete analysis for TSE:8984

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

円116,800.00
Price
円125,578.94
GF Value