Base Food (TSE:2936) EV-to-EBIT: 77.54 (As of Sep. 03, 2026)

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TSE:2936 Base Food Inc TSE:2936
53 GF Score
Price 円270.00
GF Value 円468.62
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Base Food EV-to-EBIT?

Base Food TSE:2936 -0.37% 53 EV-to-EBIT is 77.54 as of Sep. 03, 2026. GuruFocus rates TSE:2936 with a GF Score™ of 53/100 and a GF Value™ of 円468.62 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,565 Consumer Packaged Goods companies, Base Food ranks worse than 93.1% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Base Food's Enterprise Value is 円13,191 Mil. Base Food's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円170 Mil. Therefore, Base Food's EV-to-EBIT for today is 77.54.

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

TSE:2936' s EV-to-EBIT Range Over the Past 10 Years
Min: -292.87   Med: -26.25   Max: 404.88
Current: 77.54

During the past 6 years, the highest EV-to-EBIT of Base Food was 404.88. The lowest was -292.87. And the median was -26.25.

TSE:2936's EV-to-EBIT is ranked worse than
93.1% of 1565 companies
in the Consumer Packaged Goods industry
Industry Median: 12.35 vs TSE:2936: 77.54

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Base Food's Enterprise Value for the quarter that ended in Feb. 2026 was 円18,244 Mil. Base Food's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円170 Mil. Base Food's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 0.93%.


Base Food  (TSE:2936) 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) %.

Base Food's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2026 ) =EBIT / Enterprise Value (Q: Feb. 2026 )
=170.127/18243.555
=0.93 %

Base Food's Enterprise Value for the quarter that ended in Feb. 2026 was 円18,244 Mil.
Base Food's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円170 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.


Base Food EV-to-EBIT Related Terms


Base Food EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Base Food'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.

Base Food EV-to-EBIT Chart

Base Food Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EV-to-EBIT
Get a 7-Day Free Trial 0.00 -22.23 -24.74 215.73 64.36

Base Food Quarterly Data
Feb21 Feb22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -209.26 -549.61 335.09 64.36 0.00

TSE:2936 vs KHC, GIS: EV-to-EBIT Comparison

For the Packaged Foods subindustry, Base Food'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.


Base Food EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Base Food's EV-to-EBIT distribution charts can be found below:

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


TSE:2936
53GF Score
Base Food Inc TSE:2936
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Base Food EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13191.114/170.127
=77.54

Base Food's current Enterprise Value is 円13,191 Mil.
Base Food's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円170 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 77.54 mean?
Base Food (TSE:2936) has a EV-to-EBIT of 77.54 as of Sep. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Base Food and its competitors. According to the industry distribution chart, Base Food ranks #1457 out of 1565 companies in the Consumer Packaged Goods industry, placing it in the top 93.1%.
Is Base Food's EV-to-EBIT too high?
Base Food's current EV-to-EBIT is 77.54. The Consumer Packaged Goods industry median EV-to-EBIT is 12.35. Base Food's value of 77.54 is 527.9% above this industry median. Based on the distribution chart, Base Food ranks #1457 out of 1565 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Base Food has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Food's EV-to-EBIT compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Base Food ranks #1457 out of 1565 companies for EV-to-EBIT. This places Base Food in the lower half of its industry. The industry median EV-to-EBIT is 12.35. Base Food's value of 77.54 is 527.9% above this benchmark. 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 Consumer Packaged Goods company?
The median EV-to-EBIT among Consumer Packaged Goods companies is 12.35, based on 1,565 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. Base Food's current EV-to-EBIT of 77.54 is 527.9% 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 Base Food and its competitors. For the Consumer Packaged Goods industry, the median EV-to-EBIT is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Food's current EV-to-EBIT is 77.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Food stock overvalued right now?
Based on GuruFocus' analysis, Base Food (TSE:2936) is currently considered Significantly Undervalued. The stock's GF Value™ is 円468.62, compared to a current price of 円270.00 — trading 42.4% below its estimated fair value. The current EV-to-EBIT is 77.54 and 527.9% above the Consumer Packaged Goods industry median of 12.35. Base Food's overall GF Score™ is 53/100 with 2 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 Base Food (TSE:2936), the current EV-to-EBIT is 77.54 as of Sep. 03, 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 Base Food (TSE:2936) Overvalued in 2026?

Based on GuruFocus' analysis, Base Food stock appears to be undervalued. The current stock price of 円270.00 is trading 42.4% below its estimated GF Value™ of 円468.62. GuruFocus considers Base Food to be Significantly Undervalued.

Key valuation signals for TSE:2936:

  • EV-to-EBIT: 77.54
  • GF Value™: 円468.62 vs. price of 円270.00 (42.4% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 527.9% above the Consumer Packaged Goods median (#1457 of 1565)

No single metric tells the full story. See the TSE:2936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Base Food Business Description

Address 5-25-2 Nakameguro, Meguro-ku, Tokyo, JPN, 153-0061
Base Food Inc is engaged in the development and sale of complete nutrition food. The company offers base bread, base pasta and base cookies related products.
53GF Score

Get the complete analysis for TSE:2936

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

円270.00
Price
円468.62
GF Value