Ray (TSE:4317) EBITDA Margin %: 19.87% (As of Feb. 2026) — 50% Above Median

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TSE:4317 Ray Corp TSE:4317
79 GF Score
Price 円493.00
GF Value 円565.59
Valuation Modestly Undervalued
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What is Ray EBITDA Margin %?

Ray TSE:4317 +1.65% 79 EBITDA Margin % is 19.87% as of Feb. 2026, which is 50% above its 10-year median of 13.24. GuruFocus rates TSE:4317 with a GF Score™ of 79/100 and a GF Value™ of 円565.59 (Modestly Undervalued). Among 1,012 Media - Diversified companies, Ray ranks better than 75.4% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Ray's EBITDA for the six months ended in Feb. 2026 was 円1,505 Mil. Ray's Revenue for the six months ended in Feb. 2026 was 円7,574 Mil. Therefore, Ray's EBITDA margin for the quarter that ended in Feb. 2026 was 19.87%.


Ray  (TSE:4317) 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.


Ray EBITDA Margin % Related Terms


Ray EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Ray'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.

Ray EBITDA Margin % Chart

Ray Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.47 13.58 14.98 14.98 16.47

Ray Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 19.50 10.31 18.53 18.61 19.87

TSE:4317 vs NFLX, DIS, WBD: EBITDA Margin % Comparison

For the Entertainment subindustry, Ray'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.


Ray EBITDA Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ray's EBITDA Margin % distribution charts can be found below:

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


TSE:4317
79GF Score
Ray Corp TSE:4317
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ray EBITDA Margin % Calculation

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

Ray's EBITDA Margin % for the fiscal year that ended in Feb. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=1722.37/10456.954
=16.47 %

Ray's EBITDA Margin % for the quarter that ended in Feb. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=1505.188/7574.023
=19.87 %

* 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 19.87% mean?
Ray (TSE:4317) has a EBITDA Margin % of 19.87% as of Feb. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ray and its competitors. This is 50% above median its historical median of 13.24. Over the past decade, Ray's EBITDA Margin % has ranged from 1.35 to 19.32. According to the industry distribution chart, Ray ranks #249 out of 1012 companies in the Media - Diversified industry, placing it in the top 24.6%.
Is Ray's EBITDA Margin % too high?
Ray's current EBITDA Margin % of 19.87% is 50% above median its 10-year median of 13.24. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 19.32. The Media - Diversified industry median EBITDA Margin % is 8.13. Ray's value of 19.87% is 144.6% above this industry median. Based on the distribution chart, Ray ranks #249 out of 1012 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Ray has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ray's EBITDA Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Ray ranks #249 out of 1012 companies for EBITDA Margin %. This places Ray in the top 25% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.13. Ray's value of 19.87% is 144.6% above this benchmark. Historically, Ray's own EBITDA Margin % has ranged from 1.35 to 19.32 over the past decade. While the company's 10-year median is 13.24 vs. the industry median of 8.13, Ray 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 Media - Diversified company?
The median EBITDA Margin % among Media - Diversified companies is 8.13, based on 1,012 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. Ray's current EBITDA Margin % of 19.87% is 144.6% 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 Ray and its competitors. For the Media - Diversified industry, the median EBITDA Margin % is 8.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray's current EBITDA Margin % is 19.87%, which is 50% above median its own 10-year median of 13.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray stock overvalued right now?
Based on GuruFocus' analysis, Ray (TSE:4317) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.59, compared to a current price of 円493.00 — trading 12.8% below its estimated fair value. The current EBITDA Margin % is 19.87%, which is 50% above median its 10-year median of 13.24 and 144.6% above the Media - Diversified industry median of 8.13. Ray's overall GF Score™ is 79/100. 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 Ray (TSE:4317), the current EBITDA Margin % is 19.87% as of Feb. 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 Ray (TSE:4317) Overvalued in 2026?

Based on GuruFocus' analysis, Ray stock appears to be undervalued. The current stock price of 円493.00 is trading 12.8% below its estimated GF Value™ of 円565.59. GuruFocus considers Ray to be Modestly Undervalued.

Key valuation signals for TSE:4317:

  • EBITDA Margin %: 19.87% (50% above median its 10-year median of 13.24)
  • GF Value™: 円565.59 vs. price of 円493.00 (12.8% below fair value)
  • GF Score™: 79/100
  • Industry Position: 144.6% above the Media - Diversified median (#249 of 1012)

No single metric tells the full story. See the TSE:4317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ray Business Description

Address 6-15-21 Roppongi, Hakus Roppongi Building, Minato-ku, Tokyo, JPN, 106-0032
Ray Corp is a Japan-based advertising company that operates in two business segments. The Advertising Solution segment has two divisions: the SP and event division, which handles planning and production of sales promotions, campaigns, expos, and showrooms; and the TVCM division, which creates TV commercials and promotional videos. The Technical Solution segment includes a video equipment rental division for events and business presentations, and a post-production division offering video editing, DVD/Blu-ray, and CG production services.
79GF Score

Get the complete analysis for TSE:4317

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

円493.00
Price
円565.59
GF Value