MIRAI (FRA:837) EV-to-EBIT : 26.22 (As of May. 27, 2024)

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What is MIRAI EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MIRAI's Enterprise Value is €959.02 Mil. MIRAI's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was €36.57 Mil. Therefore, MIRAI's EV-to-EBIT for today is 26.22.

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

FRA:837' s EV-to-EBIT Range Over the Past 10 Years
Min: 22.17 Med: 31.89 Max: 40.19
Current: 30.56

During the past 7 years, the highest EV-to-EBIT of MIRAI was 40.19. The lowest was 22.17. And the median was 31.89.

FRA:837's EV-to-EBIT is ranked worse than
70.42% of 578 companies
in the REITs industry
Industry Median: 20.58 vs FRA:837: 30.56

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MIRAI's Enterprise Value for the quarter that ended in Apr. 2023 was €1,091.32 Mil. MIRAI's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was €36.57 Mil. MIRAI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was 3.35%.

MIRAI EV-to-EBIT Historical Data

The historical data trend for MIRAI'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.

MIRAI EV-to-EBIT Chart

MIRAI Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

EV-to-EBIT

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30.78

33.04

24.61

35.34

32.66

MIRAI Semi-Annual Data
	May16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
EV-to-EBIT	Get a 7-Day Free Trial									-	35.34	-	32.66	-

Competitive Comparison of MIRAI's EV-to-EBIT

For the REIT - Diversified subindustry, MIRAI'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.

MIRAI's EV-to-EBIT Distribution in the REITs Industry

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

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

MIRAI EV-to-EBIT Calculation

MIRAI's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	959.018	/	36.571
	=	26.22

MIRAI's current Enterprise Value is €959.02 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MIRAI's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was €36.57 Mil.

MIRAI (FRA:837) 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) %.

MIRAI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2023 )	=	EBIT	/	Enterprise Value (Q: Apr. 2023 )
	=	36.571	/	1091.31512
	=	3.35 %

MIRAI's Enterprise Value for the quarter that ended in Apr. 2023 was €1,091.32 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MIRAI's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was €36.57 Mil.

MIRAI EV-to-EBIT Related Terms

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MIRAI (FRA:837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MIRAI Corp (FRA:837) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

3476:Japan

Address

No. 2, No. 1, Nishikamada, Chiyoda-ku, Tokyo, JPN, 101-0065

Website

http://www.3476.jp

MIRAI Corp is a Japanese real estate investment trust. The company invests in diversified portfolio of real estate properties including office buildings, retail properties and hotel.

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