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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Daiwa House REIT Investment's Enterprise Value is 円906,083 Mil.
Daiwa House REIT Investment's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円33,030 Mil. Therefore, Daiwa House REIT Investment's EV-to-FCF for today is 27.43.
The historical rank and industry rank for Daiwa House REIT Investment's EV-to-FCF or its related term are showing as below:
TSE:8984'
s EV-to-FCF Range Over the Past 10 Years
Min: -30.56 Med: 5.03 Max: 125.11
Current: 27.65
During the past 13 years, the highest EV-to-FCF of Daiwa House REIT Investment was 125.11. The lowest was -30.56. And the median was 5.03.
TSE:8984's EV-to-FCF is ranked worse than 62.11% of 731
companies
in the REITs industry
Industry Median: 21.74
vs TSE:8984: 27.65
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.
Daiwa House REIT Investment (TSE:8984) 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.
Daiwa House REIT Investment's PE Ratio (TTM) for today is calculated as:
Daiwa House REIT Investment's share price for today is 円115400.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa House REIT Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円5948.929.
* 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.
Daiwa House REIT Investment EV-to-FCF Related Terms
Daiwa House REIT Investment EV-to-FCF 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.
For the REIT - Diversified subindustry, Daiwa House REIT Investment'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.
Daiwa House REIT Investment EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa House REIT Investment's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Daiwa House REIT Investment's EV-to-FCF falls into.
Daiwa House REIT Investment's current Enterprise Value is 円906,083 Mil.
For company reported semi-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 (TSE:8984) has a EV-to-FCF of 27.43 as of Sep. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Daiwa House REIT Investment and its competitors. This is 445% above median its historical median of 5.03. According to the industry distribution chart, Daiwa House REIT Investment ranks #454 out of 731 companies in the REITs industry, placing it in the top 62.1%.
Is Daiwa House REIT Investment's EV-to-FCF too high?
Daiwa House REIT Investment's current EV-to-FCF of 27.43 is 445% above median its 10-year median of 5.03. The REITs industry median EV-to-FCF is 21.74. Daiwa House REIT Investment's value of 27.43 is 26.2% above this industry median. Based on the distribution chart, Daiwa House REIT Investment ranks #454 out of 731 companies in the REITs industry, which is below the industry midpoint. Overall, Daiwa House REIT Investment has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's EV-to-FCF compare to VICI and WPC?
According to the REITs industry distribution chart, Daiwa House REIT Investment ranks #454 out of 731 companies for EV-to-FCF. This places Daiwa House REIT Investment in the lower half of its industry. The industry median EV-to-FCF is 21.74. Daiwa House REIT Investment's value of 27.43 is 26.2% above this benchmark. While the company's 10-year median is 5.03 vs. the industry median of 21.74, Daiwa House REIT Investment 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 21.74, based on 731 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. Daiwa House REIT Investment's current EV-to-FCF of 27.43 is 26.2% 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 Daiwa House REIT Investment and its competitors. For the REITs industry, the median EV-to-FCF is 21.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa House REIT Investment's current EV-to-FCF is 27.43, which is 445% above median its own 10-year median of 5.03. 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125,599.83, compared to a current price of 円115,400.00 — trading 8.1% below its estimated fair value. The current EV-to-FCF is 27.43, which is 445% above median its 10-year median of 5.03 and 26.2% above the REITs industry median of 21.74. Daiwa House REIT Investment's overall GF Score™ is 60/100 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 Daiwa House REIT Investment (TSE:8984), the current EV-to-FCF is 27.43 as of Sep. 09, 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115,400.00 is trading 8.1% below its estimated GF Value™ of 円125,599.83.
GuruFocus considers Daiwa House REIT Investment to be Fairly Valued.
Key valuation signals for TSE:8984:
EV-to-FCF: 27.43 (445% above median its 10-year median of 5.03)
GF Value™: 円125,599.83 vs. price of 円115,400.00 (8.1% below fair value)
Industry Position: 26.2% above the REITs median (#454 of 731)
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.
60GF Score
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