First Brothers Co (TSE:3454) EV-to-EBIT: 9.13 (As of Aug. 29, 2026) — 40% Below Median

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TSE:3454 First Brothers Co Ltd TSE:3454
64 GF Score
Price 円1,286.00
GF Value 円1,560.24
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is First Brothers Co EV-to-EBIT?

First Brothers Co TSE:3454 +0.78% 64 EV-to-EBIT is 9.13 as of Aug. 29, 2026, which is 40% below its 10-year median of 15.16. GuruFocus rates TSE:3454 with a GF Score™ of 64/100 and a GF Value™ of 円1,560.24 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 502 Asset Management companies, First Brothers Co ranks better than 51.79% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Brothers Co's Enterprise Value is 円64,267 Mil. First Brothers Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円7,039 Mil. Therefore, First Brothers Co's EV-to-EBIT for today is 9.13.

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

TSE:3454' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.07   Med: 15.16   Max: 54.4
Current: 9.13

During the past 13 years, the highest EV-to-EBIT of First Brothers Co was 54.40. The lowest was 7.07. And the median was 15.16.

TSE:3454's EV-to-EBIT is ranked better than
51.79% of 502 companies
in the Asset Management industry
Industry Median: 9.55 vs TSE:3454: 9.13

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Brothers Co's Enterprise Value for the quarter that ended in May. 2026 was 円63,089 Mil. First Brothers Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円7,039 Mil. First Brothers Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was 11.16%.


First Brothers Co  (TSE:3454) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: May. 2026 ) =EBIT / Enterprise Value (Q: May. 2026 )
=7039.349/63088.604
=11.16 %

First Brothers Co's Enterprise Value for the quarter that ended in May. 2026 was 円63,089 Mil.
First Brothers Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円7,039 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.


First Brothers Co EV-to-EBIT Related Terms


First Brothers Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for First Brothers 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.

First Brothers Co EV-to-EBIT Chart

First Brothers Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.36 33.17 12.15 23.86 16.11

First Brothers Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 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 Premium Member Only Premium Member Only Premium Member Only 0.00 76.77 16.11 18.44 8.96

TSE:3454 vs BLK, BX, KKR: EV-to-EBIT Comparison

For the Asset Management subindustry, First Brothers 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.


First Brothers Co EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Brothers Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3454
64GF Score
First Brothers Co Ltd TSE:3454
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Brothers Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=64266.993/7039.349
=9.13

First Brothers Co's current Enterprise Value is 円64,267 Mil.
First Brothers Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円7,039 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 9.13 mean?
First Brothers Co (TSE:3454) has a EV-to-EBIT of 9.13 as of Aug. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Brothers Co and its competitors. This is 40% below median its historical median of 15.16. Over the past decade, First Brothers Co's EV-to-EBIT has ranged from 7.07 to 54.40. According to the industry distribution chart, First Brothers Co ranks #242 out of 502 companies in the Asset Management industry, placing it in the top 48.2%.
Is First Brothers Co's EV-to-EBIT too high?
First Brothers Co's current EV-to-EBIT of 9.13 is 40% below median its 10-year median of 15.16. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 54.40. The Asset Management industry median EV-to-EBIT is 9.55. First Brothers Co's value of 9.13 is 4.4% below this industry median. Based on the distribution chart, First Brothers Co ranks #242 out of 502 companies in the Asset Management industry, which is above the industry midpoint. Overall, First Brothers Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Brothers Co's EV-to-EBIT compare to BLK and BX?
According to the Asset Management industry distribution chart, First Brothers Co ranks #242 out of 502 companies for EV-to-EBIT. This puts First Brothers Co in the upper half of its industry. The industry median EV-to-EBIT is 9.55. First Brothers Co's value of 9.13 is 4.4% below this benchmark. Historically, First Brothers Co's own EV-to-EBIT has ranged from 7.07 to 54.40 over the past decade. While the company's 10-year median is 15.16 vs. the industry median of 9.55, First Brothers 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 Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.55, based on 502 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. First Brothers Co's current EV-to-EBIT of 9.13 is 4.4% 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 First Brothers Co and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Brothers Co's current EV-to-EBIT is 9.13, which is 40% below median its own 10-year median of 15.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Brothers Co stock overvalued right now?
Based on GuruFocus' analysis, First Brothers Co (TSE:3454) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,560.24, compared to a current price of 円1,286.00 — trading 17.6% below its estimated fair value. The current EV-to-EBIT is 9.13, which is 40% below median its 10-year median of 15.16 and 4.4% below the Asset Management industry median of 9.55. First Brothers Co's overall GF Score™ is 64/100 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 First Brothers Co (TSE:3454), the current EV-to-EBIT is 9.13 as of Aug. 29, 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 First Brothers Co (TSE:3454) Overvalued in 2026?

Based on GuruFocus' analysis, First Brothers Co stock appears to be undervalued. The current stock price of 円1,286.00 is trading 17.6% below its estimated GF Value™ of 円1,560.24. GuruFocus considers First Brothers Co to be Modestly Undervalued.

Key valuation signals for TSE:3454:

  • EV-to-EBIT: 9.13 (40% below median its 10-year median of 15.16)
  • GF Value™: 円1,560.24 vs. price of 円1,286.00 (17.6% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 4.4% below the Asset Management median (#242 of 502)

No single metric tells the full story. See the TSE:3454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Brothers Co Business Description

Address 2-4-1 Marunouchi, 25th Floor, Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6325
First Brothers Co Ltd engages in the investment management business. It operates through the Investment Management, Investment Banking, and Facility Management divisions. The Investment Management division invests in real estate or real estate trust beneficiary rights by performing asset management in a private fund format. The Investment Banking division provides various advisory services for real estate and other investments. The Facility Management operates accommodation facilities to provide hospitality services from a medium-to long-term perspective.
64GF Score

Get the complete analysis for TSE:3454

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

円1,286.00
Price
円1,560.24
GF Value