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, Tokyu Reit's Enterprise Value is 円277,279 Mil.
Tokyu Reit's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was 円10,927 Mil. Therefore, Tokyu Reit's EV-to-EBIT ratio for today is 25.37.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tokyu Reit's Enterprise Value is 円277,279 Mil.
Tokyu Reit's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was 円12,908 Mil. Therefore, Tokyu Reit's EV-to-EBITDA ratio for today is 21.48.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tokyu Reit's Enterprise Value is 円277,279 Mil.
Tokyu Reit's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was 円20,175 Mil. Therefore, Tokyu Reit's EV-to-Revenue ratio for today is 13.74.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tokyu Reit's Enterprise Value is 円277,279 Mil.
Tokyu Reit's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was 円18,361 Mil. Therefore, Tokyu Reit's EV-to-FCF ratio for today is 15.10.
*** 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.
Tokyu Reit (TSE:8957) 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.
Tokyu Reit's current Enterprise Value is 円277,279 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was 円10,927 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tokyu Reit's current Enterprise Value is 円277,279 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was 円12,908 Mil.
Tokyu Reit's current Enterprise Value is 円277,279 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was 円20,175 Mil.
Tokyu Reit's current Enterprise Value is 円277,279 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was 円19,893 Mil.
Tokyu Reit's current Enterprise Value is 円277,279 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was 円18,361 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.
Tokyu Reit Enterprise Value Related Terms
Tokyu Reit Enterprise Value Historical Data
* Premium members only.
The historical data trend for Tokyu 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.
TSE:8957 vs VICI, WPC: Enterprise Value Comparison
For the REIT - Diversified subindustry, Tokyu 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.
Tokyu Reit Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Tokyu Reit's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tokyu Reit's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Tokyu Reit's Enterprise Value for the fiscal year that ended in Jul. 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.
What does a Enterprise Value of 円277,279 Mil mean?
Tokyu Reit (TSE:8957) has a Enterprise Value of 円277,279 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tokyu Reit and its competitors.
Is Tokyu Reit's Enterprise Value too high?
Tokyu Reit's current Enterprise Value is 円277,279 Mil. Overall, Tokyu Reit has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Reit's Enterprise Value compare to VICI and WPC?
Tokyu Reit's Enterprise Value of 円277,279 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 Tokyu Reit and its competitors. Tokyu Reit's current Enterprise Value is 円277,279 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Reit stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Reit (TSE:8957) is currently considered Fairly Valued. The stock's GF Value™ is 円184,715.64, compared to a current price of 円187,800.00 — trading 1.7% above its estimated fair value. The current Enterprise Value is 円277,279 Mil. Tokyu Reit's overall GF Score™ is 60/100 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 Tokyu Reit (TSE:8957), the current Enterprise Value is 円277,279 Mil as of Jul. 03, 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 Tokyu Reit (TSE:8957) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyu Reit stock appears to be overvalued.
The current stock price of 円187,800.00 is trading 1.7% above its estimated GF Value™ of 円184,715.64.
GuruFocus considers Tokyu Reit to be Fairly Valued.
Key valuation signals for TSE:8957:
Enterprise Value: 円277,279 Mil
GF Value™: 円184,715.64 vs. price of 円187,800.00 (1.7% above fair value)
No single metric tells the full story. See the TSE:8957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards.
60GF Score
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