HRIBF (Horiba) EV-to-EBIT: 19.62 (As of Aug. 06, 2026) — 102% Above Median

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HRIBF Horiba Ltd HRIBF
77 GF Score
Price $162.47
GF Value $73.59
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Horiba EV-to-EBIT?

Horiba HRIBF 77 EV-to-EBIT is 19.62 as of Aug. 06, 2026, which is 102% above its 10-year median of 9.70. GuruFocus rates HRIBF with a GF Score™ of 77/100 and a GF Value™ of $73.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,767 Hardware companies, Horiba ranks better than 51.95% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Horiba's Enterprise Value is $6,830 Mil. Horiba's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $348 Mil. Therefore, Horiba's EV-to-EBIT for today is 19.62.

The historical rank and industry rank for Horiba's EV-to-EBIT or its related term are showing as below:

HRIBF' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.5   Med: 9.7   Max: 21.37
Current: 19.33

During the past 13 years, the highest EV-to-EBIT of Horiba was 21.37. The lowest was 3.50. And the median was 9.70.

HRIBF's EV-to-EBIT is ranked better than
51.95% of 1767 companies
in the Hardware industry
Industry Median: 21.36 vs HRIBF: 19.33

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Horiba's Enterprise Value for the quarter that ended in Dec. 2025 was $3,684 Mil. Horiba's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $348 Mil. Horiba's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.45%.


Horiba  (OTCPK:HRIBF) 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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Horiba's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=348.159/3683.72024
=9.45 %

Horiba's Enterprise Value for the quarter that ended in Dec. 2025 was $3,684 Mil.
Horiba's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $348 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.


Horiba EV-to-EBIT Related Terms


Horiba EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Horiba's EV-to-EBIT 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.

Horiba EV-to-EBIT Chart

Horiba Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.44 3.50 7.20 6.07 11.02

Horiba Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 6.47 7.24 8.13 11.02 0.00

HRIBF vs COHR, KEYS, GRMN: EV-to-EBIT Comparison

For the Scientific & Technical Instruments subindustry, Horiba'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.


Horiba EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Horiba's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Horiba's EV-to-EBIT falls into.


HRIBF
77GF Score
Horiba Ltd HRIBF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Horiba EV-to-EBIT Calculation

Horiba's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6830.487/348.159
=19.62

Horiba's current Enterprise Value is $6,830 Mil.
Horiba's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $348 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 19.62 mean?
Horiba (HRIBF) has a EV-to-EBIT of 19.62 as of Aug. 06, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Horiba and its competitors. This is 102% above median its historical median of 9.70. Over the past decade, Horiba's EV-to-EBIT has ranged from 3.50 to 21.37. According to the industry distribution chart, Horiba ranks #849 out of 1767 companies in the Hardware industry, placing it in the top 48%.
Is Horiba's EV-to-EBIT too high?
Horiba's current EV-to-EBIT of 19.62 is 102% above median its 10-year median of 9.70. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 21.37. The Hardware industry median EV-to-EBIT is 21.36. Horiba's value of 19.62 is 8.1% below this industry median. Based on the distribution chart, Horiba ranks #849 out of 1767 companies in the Hardware industry, which is above the industry midpoint. Overall, Horiba has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horiba's EV-to-EBIT compare to COHR and KEYS?
According to the Hardware industry distribution chart, Horiba ranks #849 out of 1767 companies for EV-to-EBIT. This puts Horiba in the upper half of its industry. The industry median EV-to-EBIT is 21.36. Horiba's value of 19.62 is 8.1% below this benchmark. Historically, Horiba's own EV-to-EBIT has ranged from 3.50 to 21.37 over the past decade. While the company's 10-year median is 9.70 vs. the industry median of 21.36, Horiba 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 21.36, based on 1,767 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. Horiba's current EV-to-EBIT of 19.62 is 8.1% 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 Horiba and its competitors. For the Hardware industry, the median EV-to-EBIT is 21.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horiba's current EV-to-EBIT is 19.62, which is 102% above median its own 10-year median of 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horiba stock overvalued right now?
Based on GuruFocus' analysis, Horiba (HRIBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $73.59, compared to a current price of $162.47 — trading 120.8% above its estimated fair value. The current EV-to-EBIT is 19.62, which is 102% above median its 10-year median of 9.70 and 8.1% below the Hardware industry median of 21.36. Horiba's overall GF Score™ is 77/100 with 5 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 Horiba (HRIBF), the current EV-to-EBIT is 19.62 as of Aug. 06, 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 Horiba (HRIBF) Overvalued in 2026?

Based on GuruFocus' analysis, Horiba stock appears to be overvalued. The current stock price of $162.47 is trading 120.8% above its estimated GF Value™ of $73.59. GuruFocus considers Horiba to be Significantly Overvalued.

Key valuation signals for HRIBF:

  • EV-to-EBIT: 19.62 (102% above median its 10-year median of 9.70)
  • GF Value™: $73.59 vs. price of $162.47 (120.8% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 8.1% below the Hardware median (#849 of 1767)

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


Horiba Business Description

Other Exchanges 6856:Japan01H:Germany
Address 2, Miyanohigashi-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8551
Horiba Ltd provides analytical and measurement equipment. The company operates through five segments. The Automobile segment offers automotive validation, verification technologies, and consulting services. The Environment/Accounting Process segment provides measurement technologies for air, water, and soil quality to support environmental conservation. The Medical segment develops and distributes in vitro diagnostic systems, mainly in the field of hematology. The Science segment delivers high-performance scientific instruments and analytical solutions. The Semiconductor segment specializes in fluid control, measurement, and analysis technologies for researchers, developers, and manufacturers across regions.
77GF Score

Get the complete analysis for HRIBF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$162.47
Price
$73.59
GF Value