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Tokyo Electron DeviceFRA:8VR -4.50%69 EV-to-EBIT is 11.38 as of Jul. 29, 2026, which is 14% below its 10-year median of 13.28. GuruFocus rates FRA:8VR with a GF Score™ of 69/100 and a GF Value™ of €16.51 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,770 Hardware companies, Tokyo Electron Device ranks better than 67.68% on this metric.
Tokyo Electron Device (FRA:8VR) 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.
Tokyo Electron Device's Enterprise Value for the quarter that ended in Mar. 2026 was €0 Mil.
Tokyo Electron Device's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €62 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.
* 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.
For the Electronic Components subindustry, Tokyo Electron Device'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.
Tokyo Electron Device EV-to-EBIT vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Electron Device's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Tokyo Electron Device's EV-to-EBIT falls into.
Tokyo Electron Device's current Enterprise Value is €708 Mil.
Tokyo Electron Device's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €62 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.
Tokyo Electron Device (FRA:8VR) has a EV-to-EBIT of 11.38 as of Jul. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tokyo Electron Device and its competitors. This is 14% below median its historical median of 13.28. Over the past decade, Tokyo Electron Device's EV-to-EBIT has ranged from 7.21 to 26.84. According to the industry distribution chart, Tokyo Electron Device ranks #572 out of 1770 companies in the Hardware industry, placing it in the top 32.3%.
Is Tokyo Electron Device's EV-to-EBIT too high?
Tokyo Electron Device's current EV-to-EBIT of 11.38 is 14% below median its 10-year median of 13.28. Over the past 10 years, this metric has ranged from a low of 7.21 to a high of 26.84. The Hardware industry median EV-to-EBIT is 20.12. Tokyo Electron Device's value of 11.38 is 43.4% below this industry median. Based on the distribution chart, Tokyo Electron Device ranks #572 out of 1770 companies in the Hardware industry, which is above the industry midpoint. Overall, Tokyo Electron Device has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's EV-to-EBIT compare to APH and GLW?
According to the Hardware industry distribution chart, Tokyo Electron Device ranks #572 out of 1770 companies for EV-to-EBIT. This puts Tokyo Electron Device in the upper half of its industry. The industry median EV-to-EBIT is 20.12. Tokyo Electron Device's value of 11.38 is 43.4% below this benchmark. Historically, Tokyo Electron Device's own EV-to-EBIT has ranged from 7.21 to 26.84 over the past decade. While the company's 10-year median is 13.28 vs. the industry median of 20.12, Tokyo Electron Device has consistently been below 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 EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 20.12, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tokyo Electron Device's current EV-to-EBIT of 11.38 is 43.4% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tokyo Electron Device and its competitors. For the Hardware industry, the median EV-to-EBIT is 20.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Electron Device's current EV-to-EBIT is 11.38, which is 14% below median its own 10-year median of 13.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron Device stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron Device (FRA:8VR) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.51, compared to a current price of €19.37 — trading 17.3% above its estimated fair value. The current EV-to-EBIT is 11.38, which is 14% below median its 10-year median of 13.28 and 43.4% below the Hardware industry median of 20.12. Tokyo Electron Device's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Tokyo Electron Device (FRA:8VR), the current EV-to-EBIT is 11.38 as of Jul. 29, 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 Tokyo Electron Device (FRA:8VR) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Electron Device stock appears to be overvalued.
The current stock price of €19.37 is trading 17.3% above its estimated GF Value™ of €16.51.
GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.
Key valuation signals for FRA:8VR:
EV-to-EBIT: 11.38 (14% below median its 10-year median of 13.28)
GF Value™: €16.51 vs. price of €19.37 (17.3% above fair value)
Industry Position: 43.4% below the Hardware median (#572 of 1770)
No single metric tells the full story. See the FRA:8VR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Electron Device Ltd is engaged in the sales of semiconductor products, board computer products, software and other electronic components. It is also involved in the business of network and security solutions, storage solutions, and software solutions.
69GF Score
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