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Daiwa Office Investment (TSE:8976) EV-to-EBIT : 32.63 (As of May. 14, 2024)


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What is Daiwa Office Investment EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Daiwa Office Investment's Enterprise Value is 円460,749 Mil. Daiwa Office Investment's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was 円14,121 Mil. Therefore, Daiwa Office Investment's EV-to-EBIT for today is 32.63.

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

TSE:8976' s EV-to-EBIT Range Over the Past 10 Years
Min: 28.02   Med: 41.14   Max: 55.9
Current: 32.63

During the past 13 years, the highest EV-to-EBIT of Daiwa Office Investment was 55.90. The lowest was 28.02. And the median was 41.14.

TSE:8976's EV-to-EBIT is ranked worse than
73.57% of 575 companies
in the REITs industry
Industry Median: 20.3 vs TSE:8976: 32.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Daiwa Office Investment's Enterprise Value for the quarter that ended in Nov. 2023 was 円505,706 Mil. Daiwa Office Investment's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was 円14,121 Mil. Daiwa Office Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 2.79%.


Daiwa Office Investment EV-to-EBIT Historical Data

The historical data trend for Daiwa Office 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.

Daiwa Office Investment EV-to-EBIT Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.88 42.03 31.86 34.46 34.41

Daiwa Office Investment Semi-Annual Data
May14 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 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 34.46 - 34.41 - -

Competitive Comparison of Daiwa Office Investment's EV-to-EBIT

For the REIT - Office subindustry, Daiwa Office 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.


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

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

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



Daiwa Office Investment EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=460748.770/14120.758
=32.63

Daiwa Office Investment's current Enterprise Value is 円460,749 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa Office Investment's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was 円14,121 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 Office Investment  (TSE:8976) 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) %.

Daiwa Office Investment'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 )
=14120.758/505706.376
=2.79 %

Daiwa Office Investment's Enterprise Value for the quarter that ended in Nov. 2023 was 円505,706 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Daiwa Office Investment's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was 円14,121 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 Office Investment EV-to-EBIT Related Terms

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


Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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