Keyence (MEX:KEYN) EV-to-EBIT: 29.04 (As of Aug. 10, 2026) — Near Median

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MEX:KEYN Keyence Corp MEX:KEYN
87 GF Score
Price MXN8,719.15
GF Value MXN9,201.75
Valuation Fairly Valued
! 5 Warning Signs
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What is Keyence EV-to-EBIT?

Keyence MEX:KEYN 87 EV-to-EBIT is 29.04 as of Aug. 10, 2026, which is 7% above its 10-year median of 27.08. GuruFocus rates MEX:KEYN with a GF Score™ of 87/100 and a GF Value™ of MXN9,201.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,772 Hardware companies, Keyence ranks worse than 63.49% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Keyence's Enterprise Value is MXN2,079,994 Mil. Keyence's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN71,614 Mil. Therefore, Keyence's EV-to-EBIT for today is 29.04.

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

MEX:KEYN' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.77   Med: 27.08   Max: 53.59
Current: 32.14

During the past 13 years, the highest EV-to-EBIT of Keyence was 53.59. The lowest was 16.77. And the median was 27.08.

MEX:KEYN's EV-to-EBIT is ranked worse than
63.49% of 1772 companies
in the Hardware industry
Industry Median: 21.09 vs MEX:KEYN: 32.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Keyence's Enterprise Value for the quarter that ended in Mar. 2026 was MXN1,386,804 Mil. Keyence's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN71,614 Mil. Keyence's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.16%.


Keyence  (MEX:KEYN) 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) %.

Keyence'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 )
=71613.925/1386803.5775
=5.16 %

Keyence's Enterprise Value for the quarter that ended in Mar. 2026 was MXN1,386,804 Mil.
Keyence'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 MXN71,614 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.


Keyence EV-to-EBIT Related Terms


Keyence EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Keyence'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.

Keyence EV-to-EBIT Chart

Keyence Annual Data
Trend Mar15 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.81 29.44 31.85 23.58 19.83

Keyence 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 23.58 23.15 21.62 21.81 19.83

MEX:KEYN vs COHR, KEYS, GRMN: EV-to-EBIT Comparison

For the Scientific & Technical Instruments subindustry, Keyence'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.


Keyence EV-to-EBIT vs Hardware Industry

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

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


MEX:KEYN
87GF Score
Keyence Corp MEX:KEYN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keyence EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2079993.748/71613.925
=29.04

Keyence's current Enterprise Value is MXN2,079,994 Mil.
Keyence'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 MXN71,614 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 29.04 mean?
Keyence (MEX:KEYN) has a EV-to-EBIT of 29.04 as of Aug. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Keyence and its competitors. This is near median its historical median of 27.08. Over the past decade, Keyence's EV-to-EBIT has ranged from 16.77 to 53.59. According to the industry distribution chart, Keyence ranks #1125 out of 1772 companies in the Hardware industry, placing it in the top 63.5%.
Is Keyence's EV-to-EBIT too high?
Keyence's current EV-to-EBIT of 29.04 is near median its 10-year median of 27.08. Over the past 10 years, this metric has ranged from a low of 16.77 to a high of 53.59. The Hardware industry median EV-to-EBIT is 21.09. Keyence's value of 29.04 is 37.7% above this industry median. Based on the distribution chart, Keyence ranks #1125 out of 1772 companies in the Hardware industry, which is below the industry midpoint. Overall, Keyence has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keyence's EV-to-EBIT compare to COHR and KEYS?
According to the Hardware industry distribution chart, Keyence ranks #1125 out of 1772 companies for EV-to-EBIT. This places Keyence in the lower half of its industry. The industry median EV-to-EBIT is 21.09. Keyence's value of 29.04 is 37.7% above this benchmark. Historically, Keyence's own EV-to-EBIT has ranged from 16.77 to 53.59 over the past decade. While the company's 10-year median is 27.08 vs. the industry median of 21.09, Keyence 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 Hardware company?
The median EV-to-EBIT among Hardware companies is 21.09, based on 1,772 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. Keyence's current EV-to-EBIT of 29.04 is 37.7% 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 Keyence and its competitors. For the Hardware industry, the median EV-to-EBIT is 21.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyence's current EV-to-EBIT is 29.04, which is near median its own 10-year median of 27.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyence stock overvalued right now?
Based on GuruFocus' analysis, Keyence (MEX:KEYN) is currently considered Fairly Valued. The stock's GF Value™ is MXN9,201.75, compared to a current price of MXN8,719.15 — trading 5.2% below its estimated fair value. The current EV-to-EBIT is 29.04, which is near median its 10-year median of 27.08 and 37.7% above the Hardware industry median of 21.09. Keyence's overall GF Score™ is 87/100 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 Keyence (MEX:KEYN), the current EV-to-EBIT is 29.04 as of Aug. 10, 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 Keyence (MEX:KEYN) Overvalued in 2026?

Based on GuruFocus' analysis, Keyence stock appears to be undervalued. The current stock price of MXN8,719.15 is trading 5.2% below its estimated GF Value™ of MXN9,201.75. GuruFocus considers Keyence to be Fairly Valued.

Key valuation signals for MEX:KEYN:

  • EV-to-EBIT: 29.04 (near median its 10-year median of 27.08)
  • GF Value™: MXN9,201.75 vs. price of MXN8,719.15 (5.2% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 37.7% above the Hardware median (#1125 of 1772)

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


Keyence Business Description

Address 1-3-14 Higashinakajima, Higashiyodogawa-ku, Osaka, JPN, 533-8555
Keyence Corporation, founded in May 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, began as Lead Electric Co., Ltd. before rebranding to Keyence (derived from "KEY of sciENCE") in 1986. As a global leader in industrial automation, the company designs and manufactures a comprehensive range of high-precision products, including sensors (photoelectric, laser, proximity), machine vision systems, measurement instruments (laser displacement sensors, 3D scanners), control systems (PLCs, HMIs), laser markers, digital microscopes, and safety equipment.
87GF Score

Get the complete analysis for MEX:KEYN

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

MXN8,719.15
Price
MXN9,201.75
GF Value