Hankyu Hanshin REIT (TSE:8977) EV-to-FCF: 85.37 (As of Jul. 08, 2026) — 168% Above Median


TSE:8977 Hankyu Hanshin REIT Inc TSE:8977
58 GF Score
Price 円138,700.00
GF Value 円161,579.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hankyu Hanshin REIT EV-to-FCF?

Hankyu Hanshin REIT TSE:8977 -0.93% 58 EV-to-FCF is 85.37 as of Jul. 08, 2026, which is 168% above its 10-year median of 31.91. GuruFocus rates TSE:8977 with a GF Score™ of 58/100 and a GF Value™ of 円161,579.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 739 REITs companies, Hankyu Hanshin REIT ranks worse than 90.12% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hankyu Hanshin REIT's Enterprise Value is 円178,178 Mil. Hankyu Hanshin REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2025 was 円2,087 Mil. Therefore, Hankyu Hanshin REIT's EV-to-FCF for today is 85.37.

The historical rank and industry rank for Hankyu Hanshin REIT's EV-to-FCF or its related term are showing as below:

TSE:8977' s EV-to-FCF Range Over the Past 10 Years
Min: -90.7   Med: 31.91   Max: 467.79
Current: 85.77

During the past 13 years, the highest EV-to-FCF of Hankyu Hanshin REIT was 467.79. The lowest was -90.70. And the median was 31.91.

TSE:8977's EV-to-FCF is ranked worse than
90.12% of 739 companies
in the REITs industry
Industry Median: 22.98 vs TSE:8977: 85.77

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-08), Hankyu Hanshin REIT's stock price is 円138700.00. Hankyu Hanshin REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2025 was 円6896.308. Therefore, Hankyu Hanshin REIT's PE Ratio (TTM) for today is 20.11.


Hankyu Hanshin REIT  (TSE:8977) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Hankyu Hanshin REIT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=138700.00/6896.308
=20.11

Hankyu Hanshin REIT's share price for today is 円138700.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2025 was 円6896.308.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Hankyu Hanshin REIT EV-to-FCF Related Terms


Hankyu Hanshin REIT EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Hankyu Hanshin REIT's EV-to-FCF 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.

Hankyu Hanshin REIT EV-to-FCF Chart

Hankyu Hanshin REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.37 59.60 460.21 -72.02 97.08

Hankyu Hanshin REIT Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 460.21 0.00 -72.02 0.00 97.08

TSE:8977 vs VICI, WPC: EV-to-FCF Comparison

For the REIT - Diversified subindustry, Hankyu Hanshin REIT's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Hankyu Hanshin REIT's EV-to-FCF falls into.


TSE:8977
58GF Score
Hankyu Hanshin REIT Inc TSE:8977
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hankyu Hanshin REIT EV-to-FCF Calculation

Hankyu Hanshin REIT's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=178177.898/2087.142
=85.37

Hankyu Hanshin REIT's current Enterprise Value is 円178,178 Mil.
For company reported semi-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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 85.37 mean?
Hankyu Hanshin REIT (TSE:8977) has a EV-to-FCF of 85.37 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hankyu Hanshin REIT and its competitors. This is 168% above median its historical median of 31.91. According to the industry distribution chart, Hankyu Hanshin REIT ranks #666 out of 739 companies in the REITs industry, placing it in the top 90.1%.
Is Hankyu Hanshin REIT's EV-to-FCF too high?
Hankyu Hanshin REIT's current EV-to-FCF of 85.37 is 168% above median its 10-year median of 31.91. The REITs industry median EV-to-FCF is 22.98. Hankyu Hanshin REIT's value of 85.37 is 271.5% above this industry median. Based on the distribution chart, Hankyu Hanshin REIT ranks #666 out of 739 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 EV-to-FCF compare to VICI and WPC?
According to the REITs industry distribution chart, Hankyu Hanshin REIT ranks #666 out of 739 companies for EV-to-FCF. This places Hankyu Hanshin REIT in the lower half of its industry. The industry median EV-to-FCF is 22.98. Hankyu Hanshin REIT's value of 85.37 is 271.5% above this benchmark. While the company's 10-year median is 31.91 vs. the industry median of 22.98, Hankyu Hanshin REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 22.98, based on 739 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hankyu Hanshin REIT's current EV-to-FCF of 85.37 is 271.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hankyu Hanshin REIT and its competitors. For the REITs industry, the median EV-to-FCF is 22.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hankyu Hanshin REIT's current EV-to-FCF is 85.37, which is 168% above median its own 10-year median of 31.91. 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161,579.21, compared to a current price of 円138,700.00 — trading 14.2% below its estimated fair value. The current EV-to-FCF is 85.37, which is 168% above median its 10-year median of 31.91 and 271.5% above the REITs industry median of 22.98. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Hankyu Hanshin REIT (TSE:8977), the current EV-to-FCF is 85.37 as of Jul. 08, 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138,700.00 is trading 14.2% below its estimated GF Value™ of 円161,579.21. GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.

Key valuation signals for TSE:8977:

  • EV-to-FCF: 85.37 (168% above median its 10-year median of 31.91)
  • GF Value™: 円161,579.21 vs. price of 円138,700.00 (14.2% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 271.5% above the REITs median (#666 of 739)

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 Business Description

Industry Real EstateREITs
Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013
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

Get the complete analysis for TSE:8977

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円138,700.00
Price
円161,579.21
GF Value