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Ichigo Office REIT Investment (TSE:8975) EV-to-EBIT : 22.64 (As of May. 14, 2024)


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What is Ichigo Office REIT Investment EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ichigo Office REIT Investment's Enterprise Value is 円236,755 Mil. Ichigo Office REIT Investment's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was 円10,456 Mil. Therefore, Ichigo Office REIT Investment's EV-to-EBIT for today is 22.64.

The historical rank and industry rank for Ichigo Office REIT Investment's EV-to-EBIT or its related term are showing as below:

TSE:8975' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.46   Med: 31.8   Max: 54.24
Current: 22.65

During the past 13 years, the highest EV-to-EBIT of Ichigo Office REIT Investment was 54.24. The lowest was 5.46. And the median was 31.80.

TSE:8975's EV-to-EBIT is ranked worse than
54.7% of 574 companies
in the REITs industry
Industry Median: 20.295 vs TSE:8975: 22.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ichigo Office REIT Investment's Enterprise Value for the quarter that ended in Oct. 2023 was 円236,906 Mil. Ichigo Office REIT Investment's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was 円10,456 Mil. Ichigo Office REIT Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was 4.41%.


Ichigo Office REIT Investment EV-to-EBIT Historical Data

The historical data trend for Ichigo Office REIT Investment'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.

Ichigo Office REIT Investment EV-to-EBIT Chart

Ichigo Office REIT Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.10 25.27 31.89 30.50 22.66

Ichigo Office REIT Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
EV-to-EBIT 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 31.89 - 30.50 - 22.66

Competitive Comparison of Ichigo Office REIT Investment's EV-to-EBIT

For the REIT - Office subindustry, Ichigo Office REIT Investment'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.


Ichigo Office REIT Investment's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where Ichigo Office REIT Investment's EV-to-EBIT falls into.



Ichigo Office REIT Investment EV-to-EBIT Calculation

Ichigo Office REIT Investment's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=236754.590/10455.666
=22.64

Ichigo Office REIT Investment's current Enterprise Value is 円236,755 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was 円10,456 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.


Ichigo Office REIT Investment  (TSE:8975) 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) %.

Ichigo Office REIT Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Oct. 2023 ) =EBIT / Enterprise Value (Q: Oct. 2023 )
=10455.666/236906.181
=4.41 %

Ichigo Office REIT Investment's Enterprise Value for the quarter that ended in Oct. 2023 was 円236,906 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was 円10,456 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.


Ichigo Office REIT Investment EV-to-EBIT Related Terms

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


Ichigo Office REIT Investment (TSE:8975) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.

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