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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.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Daiwa House REIT Investment's Enterprise Value is 円950,120 Mil.
Daiwa House REIT Investment's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円30,600 Mil. Therefore, Daiwa House REIT Investment's EV-to-EBIT ratio for today is 31.05.
*** 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.
Daiwa House REIT Investment (TSE:8984) 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.
Daiwa House REIT Investment's EV-to-EBIT for today is
Daiwa House REIT Investment's current Enterprise Value is 円950,120 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円30,600 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Daiwa House REIT Investment's EV-to-EBITDA for today is:
Daiwa House REIT Investment's current Enterprise Value is 円950,120 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円45,554 Mil.
Daiwa House REIT Investment's current Enterprise Value is 円950,120 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was 円66,372 Mil.
Daiwa House REIT Investment's current Enterprise Value is 円950,120 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was 円52,470 Mil.
Daiwa House REIT Investment's current Enterprise Value is 円950,120 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円33,030 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.
Daiwa House REIT Investment Enterprise Value Related Terms
Daiwa House REIT 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.
Daiwa House REIT Investment Enterprise Value Chart
TSE:8984 vs VICI, WPC: Enterprise Value Comparison
For the REIT - Diversified subindustry, Daiwa House 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.
Daiwa House REIT Investment Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa House REIT Investment's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Daiwa House REIT Investment's Enterprise Value falls into.
Daiwa House 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.
* 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950,120 Mil mean?
Daiwa House REIT Investment (TSE:8984) has a Enterprise Value of 円950,120 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 Daiwa House REIT Investment and its competitors.
Is Daiwa House REIT Investment's Enterprise Value too high?
Daiwa House REIT Investment's current Enterprise Value is 円950,120 Mil. Overall, Daiwa House REIT Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's Enterprise Value compare to VICI and WPC?
Daiwa House REIT Investment's Enterprise Value of 円950,120 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 Daiwa House REIT Investment and its competitors. Daiwa House REIT Investment's current Enterprise Value is 円950,120 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House REIT Investment (TSE:8984) is currently considered Fairly Valued. The stock's GF Value™ is 円127,738.30, compared to a current price of 円124,100.00 — trading 2.8% below its estimated fair value. The current Enterprise Value is 円950,120 Mil. Daiwa House REIT Investment's overall GF Score™ is 64/100 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 Daiwa House REIT Investment (TSE:8984), the current Enterprise Value is 円950,120 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 Daiwa House REIT Investment (TSE:8984) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa House REIT Investment stock appears to be undervalued.
The current stock price of 円124,100.00 is trading 2.8% below its estimated GF Value™ of 円127,738.30.
GuruFocus considers Daiwa House REIT Investment to be Fairly Valued.
Key valuation signals for TSE:8984:
Enterprise Value: 円950,120 Mil
GF Value™: 円127,738.30 vs. price of 円124,100.00 (2.8% below fair value)
No single metric tells the full story. See the TSE:8984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.
64GF Score
Get the complete analysis for TSE:8984
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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