Heiwa Real Estate REIT (TSE:8966) EV-to-EBIT : 29.98 (As of Jun. 04, 2024)

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What is Heiwa Real Estate REIT EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heiwa Real Estate REIT's Enterprise Value is 円250,420 Mil. Heiwa Real Estate REIT's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was 円8,354 Mil. Therefore, Heiwa Real Estate REIT's EV-to-EBIT for today is 29.98.

The historical rank and industry rank for Heiwa Real Estate REIT's EV-to-EBIT or its related term are showing as below:

TSE:8966' s EV-to-EBIT Range Over the Past 10 Years
Min: 20.67 Med: 34.74 Max: 42.99
Current: 29.98

During the past 13 years, the highest EV-to-EBIT of Heiwa Real Estate REIT was 42.99. The lowest was 20.67. And the median was 34.74.

TSE:8966's EV-to-EBIT is ranked worse than
68.15% of 584 companies
in the REITs industry
Industry Median: 20.895 vs TSE:8966: 29.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heiwa Real Estate REIT's Enterprise Value for the quarter that ended in Nov. 2023 was 円255,365 Mil. Heiwa Real Estate REIT's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was 円8,354 Mil. Heiwa Real Estate REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 3.27%.

Heiwa Real Estate REIT EV-to-EBIT Historical Data

The historical data trend for Heiwa Real Estate REIT's EV-to-EBIT 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.

* Premium members only.

Heiwa Real Estate REIT EV-to-EBIT Chart

Heiwa Real Estate REIT Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

EV-to-EBIT

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35.81

27.91

36.36

23.98

30.57

Heiwa Real Estate REIT Semi-Annual Data
	Nov13	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
EV-to-EBIT	Get a 7-Day Free Trial															36.36	-	23.98	-	30.57

Competitive Comparison of Heiwa Real Estate REIT's EV-to-EBIT

For the REIT - Diversified subindustry, Heiwa Real Estate REIT's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Heiwa Real Estate REIT's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where Heiwa Real Estate REIT's EV-to-EBIT falls into.

Heiwa Real Estate REIT EV-to-EBIT Calculation

Heiwa Real Estate REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	250420.200	/	8353.618
	=	29.98

Heiwa Real Estate REIT's current Enterprise Value is 円250,420 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heiwa Real Estate REIT's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was 円8,354 Mil.

Heiwa Real Estate REIT (TSE:8966) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Heiwa Real Estate REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Nov. 2023 )	=	EBIT	/	Enterprise Value (Q: Nov. 2023 )
	=	8353.618	/	255364.506
	=	3.27 %

Heiwa Real Estate REIT's Enterprise Value for the quarter that ended in Nov. 2023 was 円255,365 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heiwa Real Estate REIT's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was 円8,354 Mil.

Heiwa Real Estate REIT EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Heiwa Real Estate REIT's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Heiwa Real Estate REIT (TSE:8966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heiwa Real Estate REIT Inc (TSE:8966) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-5-1, Atago, Minato-ku, Tokyo, JPN, 105-6237

Website

http://www.heiwa-re.co.jp

Heiwa Real Estate REIT Inc is a real estate company that primarily invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other major cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services. The company's assets are managed by Heiwa Real Estate Asset Management Co.

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