JAPAF (Japan Tobacco) EV-to-EBIT: 11.12 (As of Jul. 15, 2026) — 12% Above Median

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JAPAF Japan Tobacco Inc JAPAF
75 GF Score
Price $38.40
GF Value $32.95
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Japan Tobacco EV-to-EBIT?

Japan Tobacco JAPAF 75 EV-to-EBIT is 11.12 as of Jul. 15, 2026, which is 12% above its 10-year median of 9.93. GuruFocus rates JAPAF with a GF Score™ of 75/100 and a GF Value™ of $32.95 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 40 Tobacco Products companies, Japan Tobacco ranks worse than 67.5% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Japan Tobacco's Enterprise Value is $72,833 Mil. Japan Tobacco's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $6,551 Mil. Therefore, Japan Tobacco's EV-to-EBIT for today is 11.12.

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

JAPAF' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.84   Med: 9.93   Max: 21.74
Current: 11.09

During the past 13 years, the highest EV-to-EBIT of Japan Tobacco was 21.74. The lowest was 6.84. And the median was 9.93.

JAPAF's EV-to-EBIT is ranked worse than
67.5% of 40 companies
in the Tobacco Products industry
Industry Median: 10.06 vs JAPAF: 11.09

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Japan Tobacco's Enterprise Value for the quarter that ended in Mar. 2026 was $76,838 Mil. Japan Tobacco's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $6,551 Mil. Japan Tobacco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.53%.


Japan Tobacco  (OTCPK:JAPAF) 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) %.

Japan Tobacco'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 )
=6551.489/76837.662
=8.53 %

Japan Tobacco's Enterprise Value for the quarter that ended in Mar. 2026 was $76,838 Mil.
Japan Tobacco'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 $6,551 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.


Japan Tobacco EV-to-EBIT Related Terms


Japan Tobacco EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Japan Tobacco'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.

Japan Tobacco EV-to-EBIT Chart

Japan Tobacco 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 8.45 7.09 9.20 20.48 11.44

Japan Tobacco 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 19.45 19.00 18.23 11.44 11.72

JAPAF vs PM, MO, TPB: EV-to-EBIT Comparison

For the Tobacco subindustry, Japan Tobacco'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.


Japan Tobacco EV-to-EBIT vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's EV-to-EBIT distribution charts can be found below:

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


JAPAF
75GF Score
Japan Tobacco Inc JAPAF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Tobacco EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=72832.894/6551.489
=11.12

Japan Tobacco's current Enterprise Value is $72,833 Mil.
Japan Tobacco'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 $6,551 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 11.12 mean?
Japan Tobacco (JAPAF) has a EV-to-EBIT of 11.12 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Japan Tobacco and its competitors. This is 12% above median its historical median of 9.93. Over the past decade, Japan Tobacco's EV-to-EBIT has ranged from 6.84 to 21.74. According to the industry distribution chart, Japan Tobacco ranks #27 out of 40 companies in the Tobacco Products industry, placing it in the top 67.5%.
Is Japan Tobacco's EV-to-EBIT too high?
Japan Tobacco's current EV-to-EBIT of 11.12 is 12% above median its 10-year median of 9.93. Over the past 10 years, this metric has ranged from a low of 6.84 to a high of 21.74. The Tobacco Products industry median EV-to-EBIT is 10.06. Japan Tobacco's value of 11.12 is 10.5% above this industry median. Based on the distribution chart, Japan Tobacco ranks #27 out of 40 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Japan Tobacco has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's EV-to-EBIT compare to PM and MO?
According to the Tobacco Products industry distribution chart, Japan Tobacco ranks #27 out of 40 companies for EV-to-EBIT. This places Japan Tobacco in the lower half of its industry. The industry median EV-to-EBIT is 10.06. Japan Tobacco's value of 11.12 is 10.5% above this benchmark. Historically, Japan Tobacco's own EV-to-EBIT has ranged from 6.84 to 21.74 over the past decade. While the company's 10-year median is 9.93 vs. the industry median of 10.06, 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 EV-to-EBIT for a Tobacco Products company?
The median EV-to-EBIT among Tobacco Products companies is 10.06, based on 40 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. Japan Tobacco's current EV-to-EBIT of 11.12 is 10.5% 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 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 Japan Tobacco and its competitors. For the Tobacco Products industry, the median EV-to-EBIT is 10.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Tobacco's current EV-to-EBIT is 11.12, which is 12% above median its own 10-year median of 9.93. 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 $32.95, compared to a current price of $38.40 — trading 16.5% above its estimated fair value. The current EV-to-EBIT is 11.12, which is 12% above median its 10-year median of 9.93 and 10.5% above the Tobacco Products industry median of 10.06. Japan Tobacco's overall GF Score™ is 75/100 with 7 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 Japan Tobacco (JAPAF), the current EV-to-EBIT is 11.12 as of Jul. 15, 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 $38.40 is trading 16.5% above its estimated GF Value™ of $32.95. GuruFocus considers Japan Tobacco to be Modestly Overvalued.

Key valuation signals for JAPAF:

  • EV-to-EBIT: 11.12 (12% above median its 10-year median of 9.93)
  • GF Value™: $32.95 vs. price of $38.40 (16.5% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 10.5% above the Tobacco Products median (#27 of 40)

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.
75GF Score

Get the complete analysis for JAPAF

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

$38.40
Price
$32.95
GF Value