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, Tosei Reit Investment's Enterprise Value is 円92,380 Mil.
Tosei Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,463 Mil. Therefore, Tosei Reit Investment's EV-to-EBIT ratio for today is 26.68.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tosei Reit Investment's Enterprise Value is 円92,380 Mil.
Tosei Reit Investment's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was 円4,437 Mil. Therefore, Tosei Reit Investment's EV-to-EBITDA ratio for today is 20.82.
*** 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.
Tosei Reit Investment (TSE:3451) 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.
Tosei Reit Investment's current Enterprise Value is 円92,380 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tosei Reit Investment's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,463 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tosei Reit Investment's EV-to-EBITDA for today is:
Tosei Reit Investment's current Enterprise Value is 円92,380 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tosei Reit Investment's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was 円4,437 Mil.
Tosei Reit Investment's current Enterprise Value is 円92,380 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tosei Reit Investment's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was 円7,490 Mil.
Tosei Reit Investment's current Enterprise Value is 円92,380 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tosei Reit Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was 円4,120 Mil.
Tosei Reit Investment's current Enterprise Value is 円92,380 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tosei Reit Investment's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was 円2,178 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.
Tosei Reit Investment Enterprise Value Related Terms
Tosei Reit Investment Enterprise Value Historical Data
* Premium members only.
The historical data trend for Tosei Reit Investment'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.
TSE:3451 vs VICI, WPC: Enterprise Value Comparison
For the REIT - Diversified subindustry, Tosei Reit Investment'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.
Tosei Reit Investment Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Tosei Reit Investment's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tosei Reit Investment's Enterprise Value falls into.
Tosei Reit Investment 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.
Tosei Reit Investment's Enterprise Value for the fiscal year that ended in Oct. 2025 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.
Tosei Reit Investment (TSE:3451) has a Enterprise Value of 円92,380 Mil as of Jul. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tosei Reit Investment and its competitors.
Is Tosei Reit Investment's Enterprise Value too high?
Tosei Reit Investment's current Enterprise Value is 円92,380 Mil. Overall, Tosei Reit Investment has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tosei Reit Investment's Enterprise Value compare to VICI and WPC?
Tosei Reit Investment's Enterprise Value of 円92,380 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 Tosei Reit Investment and its competitors. Tosei Reit Investment's current Enterprise Value is 円92,380 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosei Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Tosei Reit Investment (TSE:3451) is currently considered Fairly Valued. The stock's GF Value™ is 円142,571.69, compared to a current price of 円134,900.00 — trading 5.4% below its estimated fair value. The current Enterprise Value is 円92,380 Mil. Tosei Reit Investment's overall GF Score™ is 62/100 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 Tosei Reit Investment (TSE:3451), the current Enterprise Value is 円92,380 Mil as of Jul. 07, 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 Tosei Reit Investment (TSE:3451) Overvalued in 2026?
Based on GuruFocus' analysis, Tosei Reit Investment stock appears to be undervalued.
The current stock price of 円134,900.00 is trading 5.4% below its estimated GF Value™ of 円142,571.69.
GuruFocus considers Tosei Reit Investment to be Fairly Valued.
Key valuation signals for TSE:3451:
Enterprise Value: 円92,380 Mil
GF Value™: 円142,571.69 vs. price of 円134,900.00 (5.4% below fair value)
No single metric tells the full story. See the TSE:3451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tosei Reit Investment Corp is a Japanese company operating in the real estate industry. The company invests in real estate and other assets and the investments are spread across Offices, Commercial facility and Housing.
62GF Score
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