ZEAL Associate (TSE:329A) EV-to-EBIT: 3.47 (As of Sep. 14, 2026) — 51% Below Median

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TSE:329A ZEAL Associate Corp TSE:329A
16 GF Score
Price 円211.60
! 3 Warning Signs
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What is ZEAL Associate EV-to-EBIT?

ZEAL Associate TSE:329A 16 EV-to-EBIT is 3.47 as of Sep. 14, 2026, which is 51% below its 10-year median of 7.13. GuruFocus rates TSE:329A with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ZEAL Associate's Enterprise Value is 円418 Mil. ZEAL Associate's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円121 Mil. Therefore, ZEAL Associate's EV-to-EBIT for today is 3.47.

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

TSE:329A' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.47   Med: 7.13   Max: 7.13
Current: 3.47

During the past 3 years, the highest EV-to-EBIT of ZEAL Associate was 7.13. The lowest was 3.47. And the median was 7.13.

TSE:329A's EV-to-EBIT is not ranked
in the Conglomerates industry.
Industry Median: 11.1 vs TSE:329A: 3.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ZEAL Associate's Enterprise Value for the quarter that ended in Feb. 2026 was 円502 Mil. ZEAL Associate's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円121 Mil. ZEAL Associate's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 24.00%.


ZEAL Associate  (TSE:329A) 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) %.

ZEAL Associate'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 )
=120.533/502.2958
=24.00 %

ZEAL Associate's Enterprise Value for the quarter that ended in Feb. 2026 was 円502 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ZEAL Associate's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円121 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.


ZEAL Associate EV-to-EBIT Related Terms


ZEAL Associate EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for ZEAL Associate'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.

ZEAL Associate EV-to-EBIT Chart

ZEAL Associate Annual Data
Trend Aug23 Aug24 Aug25
EV-to-EBIT
0.00 0.00 7.13

ZEAL Associate Semi-Annual Data
Aug23 Aug24 Feb25 Aug25 Feb26
EV-to-EBIT 0.00 0.00 0.00 7.13 0.00

TSE:329A vs HON, MMM: EV-to-EBIT Comparison

For the Conglomerates subindustry, ZEAL Associate'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.


ZEAL Associate EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, ZEAL Associate's EV-to-EBIT distribution charts can be found below:

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


TSE:329A
16GF Score
ZEAL Associate Corp TSE:329A
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ZEAL Associate EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=418.082/120.533
=3.47

ZEAL Associate's current Enterprise Value is 円418 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ZEAL Associate's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円121 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 3.47 mean?
ZEAL Associate (TSE:329A) has a EV-to-EBIT of 3.47 as of Sep. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ZEAL Associate and its competitors. This is 51% below median its historical median of 7.13. Over the past decade, ZEAL Associate's EV-to-EBIT has ranged from 3.47 to 7.13.
Is ZEAL Associate's EV-to-EBIT too high?
ZEAL Associate's current EV-to-EBIT of 3.47 is 51% below median its 10-year median of 7.13. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 7.13. The Conglomerates industry median EV-to-EBIT is 11.10. ZEAL Associate's value of 3.47 is 68.7% below this industry median. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's EV-to-EBIT compare to HON and MMM?
ZEAL Associate's EV-to-EBIT of 3.47 can be compared against companies in the Conglomerates industry. The industry median EV-to-EBIT is 11.10. ZEAL Associate's value of 3.47 is 68.7% below this benchmark. Historically, ZEAL Associate's own EV-to-EBIT has ranged from 3.47 to 7.13 over the past decade. While the company's 10-year median is 7.13 vs. the industry median of 11.10, ZEAL Associate 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 Conglomerates company?
The median EV-to-EBIT among Conglomerates companies is 11.10, based on 439 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. ZEAL Associate's current EV-to-EBIT of 3.47 is 68.7% 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 ZEAL Associate and its competitors. For the Conglomerates industry, the median EV-to-EBIT is 11.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current EV-to-EBIT is 3.47, which is 51% below median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current EV-to-EBIT of 3.47. The current EV-to-EBIT is 3.47, which is 51% below median its 10-year median of 7.13 and 68.7% below the Conglomerates industry median of 11.10. ZEAL Associate's overall GF Score™ is 16/100 with 3 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 ZEAL Associate (TSE:329A), the current EV-to-EBIT is 3.47 as of Sep. 14, 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.

ZEAL Associate Business Description

Address 1-19-7 Ginza, JRE Ginza 1chome East Building 8th Floor, Chuo-ku, Tokyo, JPN, 104-0061
ZEAL Associate Corp is engaged in design business focusing on event management and space creation, Entertainment Space, Interior Space etc.
16GF Score

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

円211.60
Price