Arena Reit No 1
ASX:ARF

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Arena Reit No 1
ASX:ARF
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Price: 3.49 AUD -0.29% Market Closed
Market Cap: AU$1.4B

EV/EBIT

17.9
Current
9%
Cheaper
vs 3-y average of 19.6

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
17.9
=
Enterprise Value
AU$1.8B
/
EBIT
AU$104.5m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
17.9
=
Enterprise Value
AU$1.8B
/
EBIT
AU$104.5m

Valuation Scenarios

Arena Reit No 1 is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (19.6), the stock would be worth AU$3.83 (10% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-6%
Maximum Upside
+15%
Average Upside
8%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 17.9 AU$3.49
0%
3-Year Average 19.6 AU$3.83
+10%
5-Year Average 20 AU$3.92
+12%
Industry Average 20.5 AU$4
+15%
Country Average 16.8 AU$3.28
-6%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
AU$1.8B
/
Jan 2026
AU$104.5m
=
17.9
Current
AU$1.8B
/
Jun 2026
AU$97.4m
=
18.7
Forward
AU$1.8B
/
Jun 2027
AU$106m
=
17.1
Forward
AU$1.8B
/
Jun 2028
AU$113.2m
=
16
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
AU
Arena Reit No 1
ASX:ARF
1.4B AUD 17.9 9.1
US
Equinix Inc
NASDAQ:EQIX
107.5B USD 63.3 79.6
US
American Tower Corp
NYSE:AMT
81.8B USD 23.6 32.3
US
Digital Realty Trust Inc
NYSE:DLR
69.1B USD 99.7 54.5
US
Public Storage
NYSE:PSA
54.1B USD 27.9 34.1
US
Crown Castle International Corp
NYSE:CCI
36.9B USD 28 83.2
US
Iron Mountain Inc
NYSE:IRM
34.9B USD 36.4 241
US
Extra Space Storage Inc
NYSE:EXR
30.3B USD 29.1 31.3
US
VICI Properties Inc
NYSE:VICI
30.4B USD 13 10.9
US
SBA Communications Corp
NASDAQ:SBAC
22.5B USD 21.4 21.4
US
Weyerhaeuser Co
NYSE:WY
17.9B USD 50.4 55.4

Market Distribution

In line with most companies in Australia
Percentile
54rd
Based on 1 236 companies
54rd percentile
17.9
Low
0 — 10.7
Typical Range
10.7 — 24.5
High
24.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 10.7
Median 16.8
70th Percentile 24.5
Max 6 797.5

Arena Reit No 1
Glance View

Market Cap
1.4B AUD
Industry
Real Estate

Arena REIT operates as a real estate investment trust. The company is headquartered in Melbourne, Victoria. The company went IPO on 2013-06-13. The firm's objective is to deliver an attractive and predictable distribution to investors with earnings growth prospects over the medium to long term. The firm invests in social infrastructure properties in various sectors, including childcare, healthcare, education, and government sectors. The firm's portfolio of approximately 240 social infrastructure properties are leased to a diversified tenant base in the various childcare and healthcare sectors. The company delivers customized facilities for its tenants and attractive investment returns for its investors.

ARF Intrinsic Value
3.45 AUD
Overvaluation 1%
Intrinsic Value
Price AU$3.49
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