Icom (ICOIF) EV-to-EBIT: 18.12 (As of Jul. 11, 2026) — 355% Above Median


What is Icom EV-to-EBIT?

Icom ICOIF 80 EV-to-EBIT is 18.12 as of Jul. 11, 2026, which is 355% above its 10-year median of 3.98. GuruFocus rates ICOIF with a GF Score™ of 80/100. The stock has 3 warning signs investors should review. Among 1,764 Hardware companies, Icom ranks better than 83.96% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Icom's Enterprise Value is $393.01 Mil. Icom's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $21.69 Mil. Therefore, Icom's EV-to-EBIT for today is 18.12.

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

ICOIF' s EV-to-EBIT Range Over the Past 10 Years
Min: -13.47   Med: 3.98   Max: 17.31
Current: 6.37

During the past 13 years, the highest EV-to-EBIT of Icom was 17.31. The lowest was -13.47. And the median was 3.98.

ICOIF's EV-to-EBIT is ranked better than
83.96% of 1764 companies
in the Hardware industry
Industry Median: 22.255 vs ICOIF: 6.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Icom's Enterprise Value for the quarter that ended in Mar. 2026 was $0.00 Mil. Icom's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $21.69 Mil. Icom's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.


Icom  (OTCPK:ICOIF) 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) %.

Icom's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=21.688/0
= %

Icom's Enterprise Value for the quarter that ended in Mar. 2026 was $0.00 Mil.
Icom'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 $21.69 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.


Icom EV-to-EBIT Related Terms


Icom EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Icom'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.

Icom EV-to-EBIT Chart

Icom Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.94 2.11 4.64 3.16 4.37

Icom 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 3.16 4.41 5.49 5.16 4.37

ICOIF vs CSCO, CIEN, MSI: EV-to-EBIT Comparison

For the Communication Equipment subindustry, Icom'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.


Icom EV-to-EBIT vs Hardware Industry

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

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



Icom EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=393.010/21.688
=18.12

Icom's current Enterprise Value is $393.01 Mil.
Icom'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 $21.69 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 18.12 mean?
Icom (ICOIF) has a EV-to-EBIT of 18.12 as of Jul. 11, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Icom and its competitors. This is 355% above median its historical median of 3.98. According to the industry distribution chart, Icom ranks #283 out of 1764 companies in the Hardware industry, placing it in the top 16%.
Is Icom's EV-to-EBIT too high?
Icom's current EV-to-EBIT of 18.12 is 355% above median its 10-year median of 3.98. The Hardware industry median EV-to-EBIT is 22.26. Icom's value of 18.12 is 18.6% below this industry median. Based on the distribution chart, Icom ranks #283 out of 1764 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Icom has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Icom's EV-to-EBIT compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Icom ranks #283 out of 1764 companies for EV-to-EBIT. This places Icom in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 22.26. Icom's value of 18.12 is 18.6% below this benchmark. While the company's 10-year median is 3.98 vs. the industry median of 22.26, Icom 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 22.26, based on 1,764 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. Icom's current EV-to-EBIT of 18.12 is 18.6% 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 Icom and its competitors. For the Hardware industry, the median EV-to-EBIT is 22.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icom's current EV-to-EBIT is 18.12, which is 355% above median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icom stock overvalued right now?
Icom (ICOIF) has a current EV-to-EBIT of 18.12. The current EV-to-EBIT is 18.12, which is 355% above median its 10-year median of 3.98 and 18.6% below the Hardware industry median of 22.26. Icom's overall GF Score™ is 80/100 with 3 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 Icom (ICOIF), the current EV-to-EBIT is 18.12 as of Jul. 11, 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.

Icom Business Description

Other Exchanges 6820:Japan
Address 1-1-32, Kamiminami, Hirano-ku, Osaka, JPN, 547-0003
Icom Inc manufactures and sells telecommunications equipment. The company's product portfolio consists of land mobile radio, amateur radio, marine radio, navigation products, aviation radio and communications receivers. It operates in four segments Japan, North America including the United States and Canada, Europe including Germany and Spain, and Asia & Oceania including Australia, Taiwan, and China. The majority of the revenues are derived from the sale of telecommunications equipment in Japan.