ASNOVA Co (NGO:9223) EV-to-EBIT: 128.14 (As of Sep. 15, 2026) — 161% Above Median

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NGO:9223 ASNOVA Co Ltd NGO:9223
18 GF Score
Price 円396.00
! 6 Warning Signs
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What is ASNOVA Co EV-to-EBIT?

ASNOVA Co NGO:9223 18 EV-to-EBIT is 128.14 as of Sep. 15, 2026, which is 161% above its 10-year median of 49.09. GuruFocus rates NGO:9223 with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 857 Business Services companies, ASNOVA Co ranks worse than 97.55% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ASNOVA Co's Enterprise Value is 円11,422 Mil. ASNOVA Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円89 Mil. Therefore, ASNOVA Co's EV-to-EBIT for today is 128.14.

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

NGO:9223' s EV-to-EBIT Range Over the Past 10 Years
Min: -207.68   Med: 49.09   Max: 723.5
Current: 128.14

During the past 7 years, the highest EV-to-EBIT of ASNOVA Co was 723.50. The lowest was -207.68. And the median was 49.09.

NGO:9223's EV-to-EBIT is ranked worse than
97.55% of 857 companies
in the Business Services industry
Industry Median: 10.9 vs NGO:9223: 128.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ASNOVA Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円12,914 Mil. ASNOVA Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円89 Mil. ASNOVA Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.69%.


ASNOVA Co  (NGO:9223) 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) %.

ASNOVA Co'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 )
=89.133/12913.517332
=0.69 %

ASNOVA Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円12,914 Mil.
ASNOVA Co'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 円89 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.


ASNOVA Co EV-to-EBIT Related Terms


ASNOVA Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for ASNOVA Co'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.

ASNOVA Co EV-to-EBIT Chart

ASNOVA Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial 0.00 41.41 36.10 114.54 705.16

ASNOVA Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 689.19 -2,441.29 762.10 705.16 127.17

NGO:9223 vs URI, SUNB, AER: EV-to-EBIT Comparison

For the Rental & Leasing Services subindustry, ASNOVA Co'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.


ASNOVA Co EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, ASNOVA Co's EV-to-EBIT distribution charts can be found below:

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


NGO:9223
18GF Score
ASNOVA Co Ltd NGO:9223
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ASNOVA Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11421.897/89.133
=128.14

ASNOVA Co's current Enterprise Value is 円11,422 Mil.
ASNOVA Co'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 円89 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 128.14 mean?
ASNOVA Co (NGO:9223) has a EV-to-EBIT of 128.14 as of Sep. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ASNOVA Co and its competitors. This is 161% above median its historical median of 49.09. According to the industry distribution chart, ASNOVA Co ranks #836 out of 857 companies in the Business Services industry, placing it in the top 97.5%.
Is ASNOVA Co's EV-to-EBIT too high?
ASNOVA Co's current EV-to-EBIT of 128.14 is 161% above median its 10-year median of 49.09. The Business Services industry median EV-to-EBIT is 10.90. ASNOVA Co's value of 128.14 is 1075.6% above this industry median. Based on the distribution chart, ASNOVA Co ranks #836 out of 857 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, ASNOVA Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does ASNOVA Co's EV-to-EBIT compare to URI and SUNB?
According to the Business Services industry distribution chart, ASNOVA Co ranks #836 out of 857 companies for EV-to-EBIT. This places ASNOVA Co in the lower half of its industry. The industry median EV-to-EBIT is 10.90. ASNOVA Co's value of 128.14 is 1075.6% above this benchmark. While the company's 10-year median is 49.09 vs. the industry median of 10.90, ASNOVA Co 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 Business Services company?
The median EV-to-EBIT among Business Services companies is 10.90, based on 857 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. ASNOVA Co's current EV-to-EBIT of 128.14 is 1075.6% 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 ASNOVA Co and its competitors. For the Business Services industry, the median EV-to-EBIT is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASNOVA Co's current EV-to-EBIT is 128.14, which is 161% above median its own 10-year median of 49.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASNOVA Co stock overvalued right now?
ASNOVA Co (NGO:9223) has a current EV-to-EBIT of 128.14. The current EV-to-EBIT is 128.14, which is 161% above median its 10-year median of 49.09 and 1075.6% above the Business Services industry median of 10.90. ASNOVA Co's overall GF Score™ is 18/100 with 6 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 ASNOVA Co (NGO:9223), the current EV-to-EBIT is 128.14 as of Sep. 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.

ASNOVA Co Business Description

Other Exchanges 9223:Japan
Address 4-60-12 Hiraike-cho, 26th Floor, Global Gate, Nakamura-ku, Aichi Prefecture, Nagoya, JPN, 453-6126
ASNOVA Co Ltd is engaged in the temporary equipment rental business, mainly focused on wedge-type scaffolding, which is used for low- to mid-rise buildings, mainly detached houses, and its main features are its high construction efficiency, transportation efficiency, and storage efficiency.
18GF Score

Get the complete analysis for NGO:9223

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

円396.00
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