HOSHF (Hoshino Resorts REIT) Enterprise Value: $1,452.5 Mil (As of Jul. 22, 2026) ***

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HOSHF Hoshino Resorts REIT Inc HOSHF
71 GF Score
Price $1,679.02
GF Value $2,193.50
! 5 Warning Signs
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What is Hoshino Resorts REIT Enterprise Value?

Hoshino Resorts REIT HOSHF 71 Enterprise Value is $1,452.5 Mil as of Jul. 22, 2026. GuruFocus rates HOSHF with a GF Score™ of 71/100 and a GF Value™ of $2,193.50. The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hoshino Resorts REIT's Enterprise Value is $1,452.5 Mil. Hoshino Resorts REIT's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $56.4 Mil. Therefore, Hoshino Resorts REIT's EV-to-EBIT ratio for today is 25.76.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hoshino Resorts REIT's Enterprise Value is $1,452.5 Mil. Hoshino Resorts REIT's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $83.1 Mil. Therefore, Hoshino Resorts REIT's EV-to-EBITDA ratio for today is 17.48.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hoshino Resorts REIT's Enterprise Value is $1,452.5 Mil. Hoshino Resorts REIT's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $116.2 Mil. Therefore, Hoshino Resorts REIT's EV-to-Revenue ratio for today is 12.50.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Hoshino Resorts REIT's Enterprise Value is $1,452.5 Mil. Hoshino Resorts REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $109.0 Mil. Therefore, Hoshino Resorts REIT's EV-to-OCF ratio for today is 13.33.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Hoshino Resorts REIT's Enterprise Value is $1,452.5 Mil. Hoshino Resorts REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $17.5 Mil. Therefore, Hoshino Resorts REIT's EV-to-FCF ratio for today is 82.93.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Hoshino Resorts REIT  (OTCPK:HOSHF) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Hoshino Resorts REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1452.531/56.396
=25.76

Hoshino Resorts REIT's current Enterprise Value is $1,452.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hoshino Resorts REIT's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $56.4 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Hoshino Resorts REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1452.531/83.094
=17.48

Hoshino Resorts REIT's current Enterprise Value is $1,452.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hoshino Resorts REIT's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $83.1 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Hoshino Resorts REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1452.531/116.179
=12.50

Hoshino Resorts REIT's current Enterprise Value is $1,452.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hoshino Resorts REIT's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $116.2 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Hoshino Resorts REIT's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1452.531/108.983
=13.33

Hoshino Resorts REIT's current Enterprise Value is $1,452.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hoshino Resorts REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $109.0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Hoshino Resorts REIT's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1452.531/17.515
=82.93

Hoshino Resorts REIT's current Enterprise Value is $1,452.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hoshino Resorts REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $17.5 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.


Hoshino Resorts REIT Enterprise Value Related Terms


Hoshino Resorts REIT Enterprise Value Historical Data

* Premium members only.

The historical data trend for Hoshino Resorts REIT's Enterprise Value 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.

Hoshino Resorts REIT Enterprise Value Chart

Hoshino Resorts REIT Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1,531.96 1,401.95

Hoshino Resorts REIT Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Enterprise Value 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 1,531.96 1,437.39 1,401.95 1,565.58

HOSHF vs HST, RHP, APLE: Enterprise Value Comparison

For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Hoshino Resorts REIT Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Hoshino Resorts REIT's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hoshino Resorts REIT's Enterprise Value falls into.


HOSHF
71GF Score
Hoshino Resorts REIT Inc HOSHF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoshino Resorts REIT Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Hoshino Resorts REIT's Enterprise Value for the fiscal year that ended in Oct. 2025 is calculated as

Hoshino Resorts REIT's Enterprise Value for the quarter that ended in Apr. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of $1,452.5 Mil mean?
Hoshino Resorts REIT (HOSHF) has a Enterprise Value of $1,452.5 Mil as of Jul. 22, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hoshino Resorts REIT and its competitors.
Is Hoshino Resorts REIT's Enterprise Value too high?
Hoshino Resorts REIT's current Enterprise Value is $1,452.5 Mil. Overall, Hoshino Resorts REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Hoshino Resorts REIT's Enterprise Value compare to HST and RHP?
Hoshino Resorts REIT's Enterprise Value of $1,452.5 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hoshino Resorts REIT and its competitors. Hoshino Resorts REIT's current Enterprise Value is $1,452.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshino Resorts REIT stock overvalued right now?
Hoshino Resorts REIT (HOSHF) has a current Enterprise Value of $1,452.5 Mil. The stock's GF Value™ is $2,193.50, compared to a current price of $1,679.02 — trading 23.5% below its estimated fair value. The current Enterprise Value is $1,452.5 Mil. Hoshino Resorts REIT's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Hoshino Resorts REIT (HOSHF), the current Enterprise Value is $1,452.5 Mil as of Jul. 22, 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 Hoshino Resorts REIT (HOSHF) Overvalued in 2026?

Based on GuruFocus' analysis, Hoshino Resorts REIT stock appears to be undervalued. The current stock price of $1,679.02 is trading 23.5% below its estimated GF Value™ of $2,193.50.

Key valuation signals for HOSHF:

  • Enterprise Value: $1,452.5 Mil
  • GF Value™: $2,193.50 vs. price of $1,679.02 (23.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Hoshino Resorts REIT Business Description

Industry Real EstateREITs
Other Exchanges 3287:Japan
Address 2148 Nagakura, Kitasaku-gun, Karuizawa-machi, Nagano Prefecture, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.
71GF Score

Get the complete analysis for HOSHF

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

$1,679.02
Price
$2,193.50
GF Value