TKCBF (Tokai Carbon Co) EV-to-EBIT: 13.10 (As of Aug. 01, 2026) — 42% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TKCBF Tokai Carbon Co Ltd TKCBF
63 GF Score
Price $9.22
GF Value $6.35
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tokai Carbon Co EV-to-EBIT?

Tokai Carbon Co TKCBF 63 EV-to-EBIT is 13.10 as of Aug. 01, 2026, which is 42% above its 10-year median of 9.23. GuruFocus rates TKCBF with a GF Score™ of 63/100 and a GF Value™ of $6.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,241 Chemicals companies, Tokai Carbon Co ranks better than 59.15% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tokai Carbon Co's Enterprise Value is $2,930 Mil. Tokai Carbon Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $224 Mil. Therefore, Tokai Carbon Co's EV-to-EBIT for today is 13.10.

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

TKCBF' s EV-to-EBIT Range Over the Past 10 Years
Min: -86.4   Med: 9.23   Max: 387.98
Current: 13.1

During the past 13 years, the highest EV-to-EBIT of Tokai Carbon Co was 387.98. The lowest was -86.40. And the median was 9.23.

TKCBF's EV-to-EBIT is ranked better than
59.15% of 1241 companies
in the Chemicals industry
Industry Median: 16.86 vs TKCBF: 13.10

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tokai Carbon Co's Enterprise Value for the quarter that ended in Dec. 2025 was $2,284 Mil. Tokai Carbon Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $224 Mil. Tokai Carbon Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.79%.


Tokai Carbon Co  (OTCPK:TKCBF) 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) %.

Tokai Carbon Co'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 )
=223.643/2283.71984
=9.79 %

Tokai Carbon Co's Enterprise Value for the quarter that ended in Dec. 2025 was $2,284 Mil.
Tokai Carbon Co'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 $224 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.


Tokai Carbon Co EV-to-EBIT Related Terms


Tokai Carbon Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tokai Carbon 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.

Tokai Carbon Co EV-to-EBIT Chart

Tokai Carbon Co 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 15.34 8.37 7.96 -7.48 10.62

Tokai Carbon Co 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 -8.29 -9.31 -11.05 10.62 0.00

TKCBF vs LIN, SHW, ECL: EV-to-EBIT Comparison

For the Specialty Chemicals subindustry, Tokai Carbon 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.


Tokai Carbon Co EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's EV-to-EBIT distribution charts can be found below:

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


TKCBF
63GF Score
Tokai Carbon Co Ltd TKCBF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokai Carbon Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2929.900/223.643
=13.10

Tokai Carbon Co's current Enterprise Value is $2,930 Mil.
Tokai Carbon Co'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 $224 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 13.10 mean?
Tokai Carbon Co (TKCBF) has a EV-to-EBIT of 13.10 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tokai Carbon Co and its competitors. This is 42% above median its historical median of 9.23. According to the industry distribution chart, Tokai Carbon Co ranks #507 out of 1241 companies in the Chemicals industry, placing it in the top 40.9%.
Is Tokai Carbon Co's EV-to-EBIT too high?
Tokai Carbon Co's current EV-to-EBIT of 13.10 is 42% above median its 10-year median of 9.23. The Chemicals industry median EV-to-EBIT is 16.86. Tokai Carbon Co's value of 13.10 is 22.3% below this industry median. Based on the distribution chart, Tokai Carbon Co ranks #507 out of 1241 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tokai Carbon Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's EV-to-EBIT compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tokai Carbon Co ranks #507 out of 1241 companies for EV-to-EBIT. This puts Tokai Carbon Co in the upper half of its industry. The industry median EV-to-EBIT is 16.86. Tokai Carbon Co's value of 13.10 is 22.3% below this benchmark. While the company's 10-year median is 9.23 vs. the industry median of 16.86, Tokai Carbon Co 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 Chemicals company?
The median EV-to-EBIT among Chemicals companies is 16.86, based on 1,241 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. Tokai Carbon Co's current EV-to-EBIT of 13.10 is 22.3% 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 Tokai Carbon Co and its competitors. For the Chemicals industry, the median EV-to-EBIT is 16.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Carbon Co's current EV-to-EBIT is 13.10, which is 42% above median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (TKCBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.35, compared to a current price of $9.22 — trading 45.2% above its estimated fair value. The current EV-to-EBIT is 13.10, which is 42% above median its 10-year median of 9.23 and 22.3% below the Chemicals industry median of 16.86. Tokai Carbon Co's overall GF Score™ is 63/100 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 Tokai Carbon Co (TKCBF), the current EV-to-EBIT is 13.10 as of Aug. 01, 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 Tokai Carbon Co (TKCBF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued. The current stock price of $9.22 is trading 45.2% above its estimated GF Value™ of $6.35. GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.

Key valuation signals for TKCBF:

  • EV-to-EBIT: 13.10 (42% above median its 10-year median of 9.23)
  • GF Value™: $6.35 vs. price of $9.22 (45.2% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 22.3% below the Chemicals median (#507 of 1241)

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


Tokai Carbon Co Business Description

Address 1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
63GF Score

Get the complete analysis for TKCBF

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

$9.22
Price
$6.35
GF Value