JAPAF (Japan Tobacco) EBITDA Margin %: 39.65% (As of Mar. 2026) — 23% Above Median


JAPAF Japan Tobacco Inc JAPAF
78 GF Score
Price $37.74
GF Value $33.10
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Japan Tobacco EBITDA Margin %?

Japan Tobacco JAPAF 78 EBITDA Margin % is 39.65% as of Mar. 2026, which is 23% above its 10-year median of 32.27. GuruFocus rates JAPAF with a GF Score™ of 78/100 and a GF Value™ of $33.10 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 48 Tobacco Products companies, Japan Tobacco ranks better than 77.08% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Japan Tobacco's EBITDA for the three months ended in Mar. 2026 was $2,309 Mil. Japan Tobacco's Revenue for the three months ended in Mar. 2026 was $5,823 Mil. Therefore, Japan Tobacco's EBITDA margin for the quarter that ended in Mar. 2026 was 39.65%.


Japan Tobacco  (OTCPK:JAPAF) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Japan Tobacco EBITDA Margin % Related Terms


Japan Tobacco EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Japan Tobacco's EBITDA Margin % 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.

Japan Tobacco EBITDA Margin % Chart

Japan Tobacco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.33 33.27 31.48 18.42 32.61

Japan Tobacco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 38.09 32.99 39.19 19.66 39.65

JAPAF vs PM, MO, TPB: EBITDA Margin % Comparison

For the Tobacco subindustry, Japan Tobacco's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


Japan Tobacco EBITDA Margin % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Japan Tobacco's EBITDA Margin % falls into.


JAPAF
78GF Score
Japan Tobacco Inc JAPAF
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Tobacco EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Japan Tobacco's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=7253.176/22240.804
=32.61 %

Japan Tobacco's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2308.67/5822.708
=39.65 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 39.65% mean?
Japan Tobacco (JAPAF) has a EBITDA Margin % of 39.65% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Japan Tobacco and its competitors. This is 23% above median its historical median of 32.27. Over the past decade, Japan Tobacco's EBITDA Margin % has ranged from 18.42 to 34.56. According to the industry distribution chart, Japan Tobacco ranks #11 out of 48 companies in the Tobacco Products industry, placing it in the top 22.9%.
Is Japan Tobacco's EBITDA Margin % too high?
Japan Tobacco's current EBITDA Margin % of 39.65% is 23% above median its 10-year median of 32.27. Over the past 10 years, this metric has ranged from a low of 18.42 to a high of 34.56. The Tobacco Products industry median EBITDA Margin % is 11.19. Japan Tobacco's value of 39.65% is 254.3% above this industry median. Based on the distribution chart, Japan Tobacco ranks #11 out of 48 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Tobacco has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's EBITDA Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Japan Tobacco ranks #11 out of 48 companies for EBITDA Margin %. This places Japan Tobacco in the top 23% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 11.19. Japan Tobacco's value of 39.65% is 254.3% above this benchmark. Historically, Japan Tobacco's own EBITDA Margin % has ranged from 18.42 to 34.56 over the past decade. While the company's 10-year median is 32.27 vs. the industry median of 11.19, Japan Tobacco has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Tobacco Products company?
The median EBITDA Margin % among Tobacco Products companies is 11.19, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Tobacco's current EBITDA Margin % of 39.65% is 254.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Japan Tobacco and its competitors. For the Tobacco Products industry, the median EBITDA Margin % is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Tobacco's current EBITDA Margin % is 39.65%, which is 23% above median its own 10-year median of 32.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (JAPAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.10, compared to a current price of $37.74 — trading 14% above its estimated fair value. The current EBITDA Margin % is 39.65%, which is 23% above median its 10-year median of 32.27 and 254.3% above the Tobacco Products industry median of 11.19. Japan Tobacco's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Japan Tobacco (JAPAF), the current EBITDA Margin % is 39.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Japan Tobacco (JAPAF) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued. The current stock price of $37.74 is trading 14% above its estimated GF Value™ of $33.10. GuruFocus considers Japan Tobacco to be Modestly Overvalued.

Key valuation signals for JAPAF:

  • EBITDA Margin %: 39.65% (23% above median its 10-year median of 32.27)
  • GF Value™: $33.10 vs. price of $37.74 (14% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 254.3% above the Tobacco Products median (#11 of 48)

No single metric tells the full story. See the JAPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Tobacco Business Description

Address 4-1-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6927
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
78GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.74
Price
$33.10
GF Value