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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.
*** 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.
Japan Metropolitan Fund Investment (TSE:8953) 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.
Japan Metropolitan Fund Investment's EV-to-EBIT for today is
Japan Metropolitan Fund Investment's current Enterprise Value is 円1,462,744 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Japan Metropolitan Fund Investment's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円50,068 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Japan Metropolitan Fund Investment's EV-to-EBITDA for today is:
Japan Metropolitan Fund Investment's current Enterprise Value is 円1,462,744 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Japan Metropolitan Fund Investment's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円62,252 Mil.
Japan Metropolitan Fund Investment's current Enterprise Value is 円1,462,744 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Japan Metropolitan Fund Investment's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was 円101,401 Mil.
Japan Metropolitan Fund Investment's current Enterprise Value is 円1,462,744 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Japan Metropolitan Fund Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was 円47,921 Mil.
Japan Metropolitan Fund Investment's current Enterprise Value is 円1,462,744 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Japan Metropolitan Fund Investment's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円-43,609 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.
Japan Metropolitan Fund Investment Enterprise Value Related Terms
Japan Metropolitan Fund Investment Enterprise Value Historical Data
* 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.
Japan Metropolitan Fund Investment Enterprise Value Chart
TSE:8953 vs SPG, O, KIM: Enterprise Value Comparison
For the REIT - Retail subindustry, Japan Metropolitan Fund 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.
Japan Metropolitan Fund Investment Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Japan Metropolitan Fund Investment's Enterprise Value falls into.
Japan Metropolitan Fund 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.
* 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.
What does a Enterprise Value of 円1,462,744 Mil mean?
Japan Metropolitan Fund Investment (TSE:8953) has a Enterprise Value of 円1,462,744 Mil as of Jul. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Japan Metropolitan Fund Investment and its competitors.
Is Japan Metropolitan Fund Investment's Enterprise Value too high?
Japan Metropolitan Fund Investment's current Enterprise Value is 円1,462,744 Mil. Overall, Japan Metropolitan Fund Investment has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Metropolitan Fund Investment's Enterprise Value compare to SPG and O?
Japan Metropolitan Fund Investment's Enterprise Value of 円1,462,744 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 Japan Metropolitan Fund Investment and its competitors. Japan Metropolitan Fund Investment's current Enterprise Value is 円1,462,744 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Metropolitan Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment (TSE:8953) is currently considered Fairly Valued. The stock's GF Value™ is 円115,138.58, compared to a current price of 円118,300.00 — trading 2.7% above its estimated fair value. The current Enterprise Value is 円1,462,744 Mil. Japan Metropolitan Fund Investment's overall GF Score™ is 73/100 with 7 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 Japan Metropolitan Fund Investment (TSE:8953), the current Enterprise Value is 円1,462,744 Mil as of Jul. 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 Japan Metropolitan Fund Investment (TSE:8953) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment stock appears to be overvalued.
The current stock price of 円118,300.00 is trading 2.7% above its estimated GF Value™ of 円115,138.58.
GuruFocus considers Japan Metropolitan Fund Investment to be Fairly Valued.
Key valuation signals for TSE:8953:
Enterprise Value: 円1,462,744 Mil
GF Value™: 円115,138.58 vs. price of 円118,300.00 (2.7% above fair value)
No single metric tells the full story. See the TSE:8953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Metropolitan Fund Investment Business Description
Japan Metropolitan Fund Investment Corp is a diversified REIT investing in real estate properties serving as a foundation of urban lives. Its portfolio includes urban retail, mixed-use, office, residence, hotel and suburban retail.
73GF Score
Get the complete analysis for TSE:8953
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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