Tokuden Co (TSE:3437) EV-to-EBIT: 5.39 (As of Sep. 01, 2026) — 131% Above Median

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TSE:3437 Tokuden Co Ltd TSE:3437
74 GF Score
Price 円2,716.00
GF Value 円2,772.17
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Tokuden Co EV-to-EBIT?

Tokuden Co TSE:3437 -1.24% 74 EV-to-EBIT is 5.39 as of Sep. 01, 2026, which is 131% above its 10-year median of 2.33. GuruFocus rates TSE:3437 with a GF Score™ of 74/100 and a GF Value™ of 円2,772.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,370 Industrial Products companies, Tokuden Co ranks better than 90% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tokuden Co's Enterprise Value is 円3,291 Mil. Tokuden Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円610 Mil. Therefore, Tokuden Co's EV-to-EBIT for today is 5.39.

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

TSE:3437' s EV-to-EBIT Range Over the Past 10 Years
Min: 0.19   Med: 2.33   Max: 8.6
Current: 5.39

During the past 13 years, the highest EV-to-EBIT of Tokuden Co was 8.60. The lowest was 0.19. And the median was 2.33.

TSE:3437's EV-to-EBIT is ranked better than
90% of 2370 companies
in the Industrial Products industry
Industry Median: 18.93 vs TSE:3437: 5.39

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tokuden Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円4,142 Mil. Tokuden Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円610 Mil. Tokuden Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.74%.


Tokuden Co  (TSE:3437) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=610.496/4141.735
=14.74 %

Tokuden Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円4,142 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokuden Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円610 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.


Tokuden Co EV-to-EBIT Related Terms


Tokuden Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tokuden 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.

Tokuden Co EV-to-EBIT Chart

Tokuden Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 2.66 5.69 5.55 6.78

Tokuden Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.69 -200.18 5.55 0.00 6.78

TSE:3437 vs GEV, ETN, PH: EV-to-EBIT Comparison

For the Specialty Industrial Machinery subindustry, Tokuden 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.


Tokuden Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tokuden Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3437
74GF Score
Tokuden Co Ltd TSE:3437
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokuden Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3290.615/610.496
=5.39

Tokuden Co's current Enterprise Value is 円3,291 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokuden Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円610 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 5.39 mean?
Tokuden Co (TSE:3437) has a EV-to-EBIT of 5.39 as of Sep. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tokuden Co and its competitors. This is 131% above median its historical median of 2.33. Over the past decade, Tokuden Co's EV-to-EBIT has ranged from 0.19 to 8.60. According to the industry distribution chart, Tokuden Co ranks #237 out of 2370 companies in the Industrial Products industry, placing it in the top 10%.
Is Tokuden Co's EV-to-EBIT too high?
Tokuden Co's current EV-to-EBIT of 5.39 is 131% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 8.60. The Industrial Products industry median EV-to-EBIT is 18.93. Tokuden Co's value of 5.39 is 71.5% below this industry median. Based on the distribution chart, Tokuden Co ranks #237 out of 2370 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tokuden Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokuden Co's EV-to-EBIT compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tokuden Co ranks #237 out of 2370 companies for EV-to-EBIT. This places Tokuden Co in the top 10% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 18.93. Tokuden Co's value of 5.39 is 71.5% below this benchmark. Historically, Tokuden Co's own EV-to-EBIT has ranged from 0.19 to 8.60 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 18.93, Tokuden 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 an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 18.93, based on 2,370 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. Tokuden Co's current EV-to-EBIT of 5.39 is 71.5% 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 Tokuden Co and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 18.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokuden Co's current EV-to-EBIT is 5.39, which is 131% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokuden Co stock overvalued right now?
Based on GuruFocus' analysis, Tokuden Co (TSE:3437) is currently considered Fairly Valued. The stock's GF Value™ is 円2,772.17, compared to a current price of 円2,716.00 — trading 2% below its estimated fair value. The current EV-to-EBIT is 5.39, which is 131% above median its 10-year median of 2.33 and 71.5% below the Industrial Products industry median of 18.93. Tokuden Co's overall GF Score™ is 74/100 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 Tokuden Co (TSE:3437), the current EV-to-EBIT is 5.39 as of Sep. 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 Tokuden Co (TSE:3437) Overvalued in 2026?

Based on GuruFocus' analysis, Tokuden Co stock appears to be undervalued. The current stock price of 円2,716.00 is trading 2% below its estimated GF Value™ of 円2,772.17. GuruFocus considers Tokuden Co to be Fairly Valued.

Key valuation signals for TSE:3437:

  • EV-to-EBIT: 5.39 (131% above median its 10-year median of 2.33)
  • GF Value™: 円2,772.17 vs. price of 円2,716.00 (2% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 71.5% below the Industrial Products median (#237 of 2370)

No single metric tells the full story. See the TSE:3437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokuden Co Business Description

Address 899-5 Tsuchiyama, Hiraoka-cho, Hyogo Prefecture, Kakogawa, JPN, 660-0881
Tokuden Co Ltd is engaged in the manufacturing of industrial products like submerged arc welding, wire for TIG welding, wire for MIG welding, fusion type flux, and PTA welding powder material.
74GF Score

Get the complete analysis for TSE:3437

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

円2,716.00
Price
円2,772.17
GF Value