MIRAI (TSE:3476) EV-to-EBIT : 30.83 (As of May. 12, 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 円164,211 Mil. MIRAI's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was 円5,326 Mil. Therefore, MIRAI's EV-to-EBIT for today is 30.83.

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

TSE:3476' s EV-to-EBIT Range Over the Past 10 Years
Min: 22.17 Med: 31.89 Max: 40.19
Current: 30.83

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.

TSE:3476's EV-to-EBIT is ranked worse than
70.23% of 571 companies
in the REITs industry
Industry Median: 20.23 vs TSE:3476: 30.83

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 円162,883 Mil. MIRAI's EBIT for the trailing twelve months (TTM) ended in Apr. 2023 was 円5,326 Mil. MIRAI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was 3.27%.

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)
	=	164211.461	/	5326.206
	=	30.83

MIRAI's current Enterprise Value is 円164,211 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 円5,326 Mil.

MIRAI (TSE:3476) 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 )
	=	5326.206	/	162882.881
	=	3.27 %

MIRAI's Enterprise Value for the quarter that ended in Apr. 2023 was 円162,883 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 円5,326 Mil.

MIRAI EV-to-EBIT Related Terms

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MIRAI (TSE:3476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MIRAI Corp (TSE:3476) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

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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