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, Hankyu Hanshin REIT's Enterprise Value is 円179,012 Mil.
Hankyu Hanshin REIT's EBIT for the trailing twelve months (TTM) ended in Nov. 2025 was 円5,523 Mil. Therefore, Hankyu Hanshin REIT's EV-to-EBIT ratio for today is 32.41.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hankyu Hanshin REIT's Enterprise Value is 円179,012 Mil.
Hankyu Hanshin REIT's EBITDA for the trailing twelve months (TTM) ended in Nov. 2025 was 円7,555 Mil. Therefore, Hankyu Hanshin REIT's EV-to-EBITDA ratio for today is 23.70.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hankyu Hanshin REIT's Enterprise Value is 円179,012 Mil.
Hankyu Hanshin REIT's Revenue for the trailing twelve months (TTM) ended in Nov. 2025 was 円12,922 Mil. Therefore, Hankyu Hanshin REIT's EV-to-Revenue ratio for today is 13.85.
*** 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.
Hankyu Hanshin REIT (TSE:8977) 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.
Hankyu Hanshin REIT's current Enterprise Value is 円179,012 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's EBIT for the trailing twelve months (TTM) ended in Nov. 2025 was 円5,523 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hankyu Hanshin REIT's current Enterprise Value is 円179,012 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's EBITDA for the trailing twelve months (TTM) ended in Nov. 2025 was 円7,555 Mil.
Hankyu Hanshin REIT's current Enterprise Value is 円179,012 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's Revenue for the trailing twelve months (TTM) ended in Nov. 2025 was 円12,922 Mil.
Hankyu Hanshin REIT's current Enterprise Value is 円179,012 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2025 was 円32,215 Mil.
Hankyu Hanshin REIT's current Enterprise Value is 円179,012 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2025 was 円2,087 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.
Hankyu Hanshin REIT Enterprise Value Related Terms
Hankyu Hanshin REIT Enterprise Value Historical Data
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The historical data trend for Hankyu Hanshin 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:8977 vs VICI, WPC: Enterprise Value Comparison
For the REIT - Diversified subindustry, Hankyu Hanshin 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.
Hankyu Hanshin REIT Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hankyu Hanshin 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.
Hankyu Hanshin REIT's Enterprise Value for the fiscal year that ended in Nov. 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179,012 Mil mean?
Hankyu Hanshin REIT (TSE:8977) has a Enterprise Value of 円179,012 Mil as of Jul. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hankyu Hanshin REIT and its competitors.
Is Hankyu Hanshin REIT's Enterprise Value too high?
Hankyu Hanshin REIT's current Enterprise Value is 円179,012 Mil. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's Enterprise Value compare to VICI and WPC?
Hankyu Hanshin REIT's Enterprise Value of 円179,012 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 Hankyu Hanshin REIT and its competitors. Hankyu Hanshin REIT's current Enterprise Value is 円179,012 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円161,504.99, compared to a current price of 円139,900.00 — trading 13.4% below its estimated fair value. The current Enterprise Value is 円179,012 Mil. Hankyu Hanshin REIT's overall GF Score™ is 58/100 with 4 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 Hankyu Hanshin REIT (TSE:8977), the current Enterprise Value is 円179,012 Mil as of Jul. 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?
Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued.
The current stock price of 円139,900.00 is trading 13.4% below its estimated GF Value™ of 円161,504.99.
GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.
Key valuation signals for TSE:8977:
Enterprise Value: 円179,012 Mil
GF Value™: 円161,504.99 vs. price of 円139,900.00 (13.4% below fair value)
No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
58GF Score
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