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fonfunTSE:2323 +2.53%67 EV-to-EBIT is 25.07 as of Sep. 06, 2026, which is 3% below its 10-year median of 25.89. GuruFocus rates TSE:2323 with a GF Score™ of 67/100 and a GF Value™ of 円433.80 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,770 Software companies, fonfun ranks worse than 69.72% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, fonfun's Enterprise Value is 円7,633 Mil.
fonfun's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円304 Mil. Therefore, fonfun's EV-to-EBIT for today is 25.07.
The historical rank and industry rank for fonfun's EV-to-EBIT or its related term are showing as below:
TSE:2323'
s EV-to-EBIT Range Over the Past 10 Years
Min: -755.92 Med: 25.89 Max: 261.94
Current: 25.07
During the past 13 years, the highest EV-to-EBIT of fonfun was 261.94. The lowest was -755.92. And the median was 25.89.
TSE:2323's EV-to-EBIT is ranked worse than 69.72% of 1770
companies
in the Software industry
Industry Median: 13.85
vs TSE:2323: 25.07
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.
fonfun's Enterprise Value for the quarter that ended in Mar. 2026 was 円7,376 Mil.
fonfun'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304 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.
fonfun EV-to-EBIT Related Terms
fonfun EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for fonfun'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.
For the Information Technology Services subindustry, fonfun'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.
fonfun EV-to-EBIT vs Software Industry
For the Software industry and Technology sector, fonfun's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where fonfun's EV-to-EBIT falls into.
fonfun's current Enterprise Value is 円7,633 Mil.
fonfun'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304 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.
fonfun (TSE:2323) has a EV-to-EBIT of 25.07 as of Sep. 06, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on fonfun and its competitors. This is near median its historical median of 25.89. According to the industry distribution chart, fonfun ranks #1234 out of 1770 companies in the Software industry, placing it in the top 69.7%.
Is fonfun's EV-to-EBIT too high?
fonfun's current EV-to-EBIT of 25.07 is near median its 10-year median of 25.89. The Software industry median EV-to-EBIT is 13.85. fonfun's value of 25.07 is 81% above this industry median. Based on the distribution chart, fonfun ranks #1234 out of 1770 companies in the Software industry, which is below the industry midpoint. Overall, fonfun has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does fonfun's EV-to-EBIT compare to IBM and ACN?
According to the Software industry distribution chart, fonfun ranks #1234 out of 1770 companies for EV-to-EBIT. This places fonfun in the lower half of its industry. The industry median EV-to-EBIT is 13.85. fonfun's value of 25.07 is 81% above this benchmark. While the company's 10-year median is 25.89 vs. the industry median of 13.85, fonfun 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 Software company?
The median EV-to-EBIT among Software companies is 13.85, based on 1,770 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. fonfun's current EV-to-EBIT of 25.07 is 81% 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 fonfun and its competitors. For the Software industry, the median EV-to-EBIT is 13.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. fonfun's current EV-to-EBIT is 25.07, which is near median its own 10-year median of 25.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is fonfun stock overvalued right now?
Based on GuruFocus' analysis, fonfun (TSE:2323) is currently considered Modestly Undervalued. The stock's GF Value™ is 円433.80, compared to a current price of 円324.00 — trading 25.3% below its estimated fair value. The current EV-to-EBIT is 25.07, which is near median its 10-year median of 25.89 and 81% above the Software industry median of 13.85. fonfun's overall GF Score™ is 67/100 with 4 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 fonfun (TSE:2323), the current EV-to-EBIT is 25.07 as of Sep. 06, 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 fonfun (TSE:2323) Overvalued in 2026?
Based on GuruFocus' analysis, fonfun stock appears to be undervalued.
The current stock price of 円324.00 is trading 25.3% below its estimated GF Value™ of 円433.80.
GuruFocus considers fonfun to be Modestly Undervalued.
Key valuation signals for TSE:2323:
EV-to-EBIT: 25.07 (near median its 10-year median of 25.89)
GF Value™: 円433.80 vs. price of 円324.00 (25.3% below fair value)
Industry Position: 81% above the Software median (#1234 of 1770)
No single metric tells the full story. See the TSE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
fonfun Corp provides various content services with a focus on services for the Internet-enabled mobile phone. Its web security business provides web application diagnosis and network diagnostics. Its segments include: Remote mail business, SMS business, Contracted software development business, and Voice mail business. The company derives maximum revenue from SMS business.
67GF Score
Get the complete analysis for TSE:2323
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