PICJF (NTT UD Reit Investment) Pre-Tax Income: $57.8 Mil (TTM As of Apr. 2026)

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PICJF NTT UD Reit Investment Corp PICJF
62 GF Score
Price $892.43
GF Value $975.37
! 7 Warning Signs
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What is NTT UD Reit Investment Pre-Tax Income?

NTT UD Reit Investment PICJF 62 Pre-Tax Income is $57.8 Mil as of Apr. 2026. GuruFocus rates PICJF with a GF Score™ of 62/100 and a GF Value™ of $975.37. The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. NTT UD Reit Investment's pretax income for the six months ended in Apr. 2026 was $32.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Apr. 2026 was $57.8 Mil. NTT UD Reit Investment's pretax margin was 39.44%.

During the past 13 years, NTT UD Reit Investment's highest Pretax Margin was 44.01%. The lowest was 31.82%. And the median was 40.32%.


NTT UD Reit Investment  (OTCPK:PICJF) Pre-Tax Income Explanation

NTT UD Reit Investment's Pretax Margin for the quarter that ended in Apr. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=32.159/81.548
=39.44%

During the past 13 years, NTT UD Reit Investment's highest Pretax Margin was 44.01%. The lowest was 31.82%. And the median was 40.32%.

* 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.


NTT UD Reit Investment Pre-Tax Income Related Terms


NTT UD Reit Investment Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for NTT UD Reit Investment's Pre-Tax Income 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.

NTT UD Reit Investment Pre-Tax Income Chart

NTT UD Reit Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.40 65.23 67.19 57.26 55.79

NTT UD Reit Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Pre-Tax Income 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 27.44 29.09 31.61 25.68 32.16

PICJF vs VICI, WPC: Pre-Tax Income Comparison

For the REIT - Diversified subindustry, NTT UD Reit Investment's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


NTT UD Reit Investment Pre-Tax Income vs REITs Industry

For the REITs industry and Real Estate sector, NTT UD Reit Investment's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where NTT UD Reit Investment's Pre-Tax Income falls into.


PICJF
62GF Score
NTT UD Reit Investment Corp PICJF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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NTT UD Reit Investment Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

NTT UD Reit Investment's Pretax Income for the fiscal year that ended in Oct. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=64.527+0+-8.837+0.189+-0.094000000000001
=55.8

NTT UD Reit Investment's Pretax Income for the quarter that ended in Apr. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=36.214+0+-4.351+0.329+-0.033000000000001
=32.2

Pre-Tax Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $57.8 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 Pre-Tax Income →
What does a Pre-Tax Income of $57.8 Mil mean?
NTT UD Reit Investment (PICJF) has a Pre-Tax Income of $57.8 Mil as of Apr. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on NTT UD Reit Investment and its competitors.
Is NTT UD Reit Investment's Pre-Tax Income too high?
NTT UD Reit Investment's current Pre-Tax Income is $57.8 Mil. Overall, NTT UD Reit Investment has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does NTT UD Reit Investment's Pre-Tax Income compare to VICI and WPC?
NTT UD Reit Investment's Pre-Tax Income of $57.8 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 Pre-Tax Income for a REITs company?
A good Pre-Tax Income depends on the REITs industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on NTT UD Reit Investment and its competitors. NTT UD Reit Investment's current Pre-Tax Income is $57.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT UD Reit Investment stock overvalued right now?
NTT UD Reit Investment (PICJF) has a current Pre-Tax Income of $57.8 Mil. The stock's GF Value™ is $975.37, compared to a current price of $892.43 — trading 8.5% below its estimated fair value. The current Pre-Tax Income is $57.8 Mil. NTT UD Reit Investment's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For NTT UD Reit Investment (PICJF), the current Pre-Tax Income is $57.8 Mil as of Apr. 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 NTT UD Reit Investment (PICJF) Overvalued in 2026?

Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued. The current stock price of $892.43 is trading 8.5% below its estimated GF Value™ of $975.37.

Key valuation signals for PICJF:

  • Pre-Tax Income: $57.8 Mil
  • GF Value™: $975.37 vs. price of $892.43 (8.5% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the PICJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NTT UD Reit Investment Business Description

Industry Real EstateREITs
Other Exchanges 8956:Japan
Address 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.
62GF Score

Get the complete analysis for PICJF

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$892.43
Price
$975.37
GF Value