Tsukuruba (TSE:2978) EV-to-EBIT: 83.68 (As of Sep. 03, 2026) — 152% Above Median

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TSE:2978 Tsukuruba Inc TSE:2978
57 GF Score
Price 円335.00
GF Value 円1,846.70
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Tsukuruba EV-to-EBIT?

Tsukuruba TSE:2978 -1.18% 57 EV-to-EBIT is 83.68 as of Sep. 03, 2026, which is 152% above its 10-year median of 33.18. GuruFocus rates TSE:2978 with a GF Score™ of 57/100 and a GF Value™ of 円1,846.70 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,344 Real Estate companies, Tsukuruba ranks worse than 93.68% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tsukuruba's Enterprise Value is 円7,285 Mil. Tsukuruba's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was 円87 Mil. Therefore, Tsukuruba's EV-to-EBIT for today is 83.68.

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

TSE:2978' s EV-to-EBIT Range Over the Past 10 Years
Min: -112.78   Med: 33.18   Max: 16312.67
Current: 83.68

During the past 9 years, the highest EV-to-EBIT of Tsukuruba was 16312.67. The lowest was -112.78. And the median was 33.18.

TSE:2978's EV-to-EBIT is ranked worse than
93.68% of 1344 companies
in the Real Estate industry
Industry Median: 13.375 vs TSE:2978: 83.68

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tsukuruba's Enterprise Value for the quarter that ended in Jan. 2026 was 円8,616 Mil. Tsukuruba's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was 円87 Mil. Tsukuruba's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 1.01%.


Tsukuruba  (TSE:2978) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2026 ) =EBIT / Enterprise Value (Q: Jan. 2026 )
=87.056/8616.318
=1.01 %

Tsukuruba's Enterprise Value for the quarter that ended in Jan. 2026 was 円8,616 Mil.
Tsukuruba's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円87 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.


Tsukuruba EV-to-EBIT Related Terms


Tsukuruba EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tsukuruba'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.

Tsukuruba EV-to-EBIT Chart

Tsukuruba Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only -22.92 -8.84 -73.83 47.25 39.83

Tsukuruba Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 230.71 39.83 37.15 49.01 0.00

TSE:2978 vs CBRE, BEKE, JLL: EV-to-EBIT Comparison

For the Real Estate Services subindustry, Tsukuruba'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.


Tsukuruba EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tsukuruba's EV-to-EBIT distribution charts can be found below:

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


TSE:2978
57GF Score
Tsukuruba Inc TSE:2978
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsukuruba EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7284.521/87.056
=83.68

Tsukuruba's current Enterprise Value is 円7,285 Mil.
Tsukuruba's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円87 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 83.68 mean?
Tsukuruba (TSE:2978) has a EV-to-EBIT of 83.68 as of Sep. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tsukuruba and its competitors. This is 152% above median its historical median of 33.18. According to the industry distribution chart, Tsukuruba ranks #1259 out of 1344 companies in the Real Estate industry, placing it in the top 93.7%.
Is Tsukuruba's EV-to-EBIT too high?
Tsukuruba's current EV-to-EBIT of 83.68 is 152% above median its 10-year median of 33.18. The Real Estate industry median EV-to-EBIT is 13.38. Tsukuruba's value of 83.68 is 525.6% above this industry median. Based on the distribution chart, Tsukuruba ranks #1259 out of 1344 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Tsukuruba has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tsukuruba's EV-to-EBIT compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tsukuruba ranks #1259 out of 1344 companies for EV-to-EBIT. This places Tsukuruba in the lower half of its industry. The industry median EV-to-EBIT is 13.38. Tsukuruba's value of 83.68 is 525.6% above this benchmark. While the company's 10-year median is 33.18 vs. the industry median of 13.38, Tsukuruba 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 Real Estate company?
The median EV-to-EBIT among Real Estate companies is 13.38, based on 1,344 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. Tsukuruba's current EV-to-EBIT of 83.68 is 525.6% 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 Tsukuruba and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsukuruba's current EV-to-EBIT is 83.68, which is 152% above median its own 10-year median of 33.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsukuruba stock overvalued right now?
Based on GuruFocus' analysis, Tsukuruba (TSE:2978) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,846.70, compared to a current price of 円335.00 — trading 81.9% below its estimated fair value. The current EV-to-EBIT is 83.68, which is 152% above median its 10-year median of 33.18 and 525.6% above the Real Estate industry median of 13.38. Tsukuruba's overall GF Score™ is 57/100 with 7 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 Tsukuruba (TSE:2978), the current EV-to-EBIT is 83.68 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 Tsukuruba (TSE:2978) Overvalued in 2026?

Based on GuruFocus' analysis, Tsukuruba stock appears to be undervalued. The current stock price of 円335.00 is trading 81.9% below its estimated GF Value™ of 円1,846.70. GuruFocus considers Tsukuruba to be Possible Value Trap.

Key valuation signals for TSE:2978:

  • EV-to-EBIT: 83.68 (152% above median its 10-year median of 33.18)
  • GF Value™: 円1,846.70 vs. price of 円335.00 (81.9% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 525.6% above the Real Estate median (#1259 of 1344)

No single metric tells the full story. See the TSE:2978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsukuruba Business Description

Address 1-1-5 Kamimeguro, 2nd Ikura Building, 2nd Floor, Meguro-ku, Tokyo, JPN, 153-0051
Tsukuruba Inc operates as a distribution platform "cowcamo" for renovation housing utilizing information technology.
57GF Score

Get the complete analysis for TSE:2978

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

円335.00
Price
円1,846.70
GF Value