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Tokyu Reit (TSE:8957) Enterprise Value : 円253,592 Mil (As of May. 26, 2024)


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What is Tokyu Reit Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tokyu Reit's Enterprise Value is 円253,592 Mil. Tokyu Reit's EBIT for the trailing twelve months (TTM) ended in Jul. 2023 was 円9,481 Mil. Therefore, Tokyu Reit's EV-to-EBIT ratio for today is 26.75.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tokyu Reit's Enterprise Value is 円253,592 Mil. Tokyu Reit's EBITDA for the trailing twelve months (TTM) ended in Jul. 2023 was 円11,388 Mil. Therefore, Tokyu Reit's EV-to-EBITDA ratio for today is 22.27.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tokyu Reit's Enterprise Value is 円253,592 Mil. Tokyu Reit's Revenue for the trailing twelve months (TTM) ended in Jul. 2023 was 円17,887 Mil. Therefore, Tokyu Reit's EV-to-Revenue ratio for today is 14.18.


Tokyu Reit Enterprise Value Historical Data

The historical data trend for Tokyu Reit's Enterprise Value 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.

Tokyu Reit Enterprise Value Chart

Tokyu Reit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 284,419.06 218,259.50 304,140.55 280,153.10 282,822.52

Tokyu Reit Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Enterprise Value 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 270,057.53 280,153.10 293,483.29 282,822.52 168,147.20

Competitive Comparison of Tokyu Reit's Enterprise Value

For the REIT - Diversified subindustry, Tokyu Reit's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Tokyu Reit's Enterprise Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tokyu Reit's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tokyu Reit's Enterprise Value falls into.



Tokyu Reit Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Tokyu Reit's Enterprise Value for the fiscal year that ended in Jul. 2023 is calculated as

Tokyu Reit's Enterprise Value for the quarter that ended in Jul. 2023 is calculated as

* 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.


Tokyu Reit  (TSE:8957) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Tokyu Reit's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=253592.275/9481.486
=26.75

Tokyu Reit's current Enterprise Value is 円253,592 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's EBIT for the trailing twelve months (TTM) ended in Jul. 2023 was 円9,481 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Tokyu Reit's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=253592.275/11388.27
=22.27

Tokyu Reit's current Enterprise Value is 円253,592 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's EBITDA for the trailing twelve months (TTM) ended in Jul. 2023 was 円11,388 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Tokyu Reit's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=253592.275/17887.453
=14.18

Tokyu Reit's current Enterprise Value is 円253,592 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tokyu Reit's Revenue for the trailing twelve months (TTM) ended in Jul. 2023 was 円17,887 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.


Tokyu Reit Enterprise Value Related Terms

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Tokyu Reit (TSE:8957) Business Description

Traded in Other Exchanges
N/A
Address
1-12-1, Dogenzaka, Tokyo, JPN
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

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