Ecomic Co (TSE:3802) EV-to-EBIT: 2.73 (As of Sep. 02, 2026) — 62% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3802 Ecomic Co Ltd TSE:3802
79 GF Score
Price 円502.00
GF Value 円473.01
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Ecomic Co EV-to-EBIT?

Ecomic Co TSE:3802 +0.20% 79 EV-to-EBIT is 2.73 as of Sep. 02, 2026, which is 62% below its 10-year median of 7.26. GuruFocus rates TSE:3802 with a GF Score™ of 79/100 and a GF Value™ of 円473.01 (Fairly Valued). The stock has 5 warning signs investors should review. Among 856 Business Services companies, Ecomic Co ranks better than 91.36% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ecomic Co's Enterprise Value is 円371 Mil. Ecomic Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円136 Mil. Therefore, Ecomic Co's EV-to-EBIT for today is 2.73.

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

TSE:3802' s EV-to-EBIT Range Over the Past 10 Years
Min: -4.69   Med: 7.26   Max: 25.75
Current: 2.74

During the past 13 years, the highest EV-to-EBIT of Ecomic Co was 25.75. The lowest was -4.69. And the median was 7.26.

TSE:3802's EV-to-EBIT is ranked better than
91.36% of 856 companies
in the Business Services industry
Industry Median: 10.965 vs TSE:3802: 2.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ecomic Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円523 Mil. Ecomic Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円136 Mil. Ecomic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.96%.


Ecomic Co  (TSE:3802) 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) %.

Ecomic 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 )
=135.663/522.584
=25.96 %

Ecomic Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円523 Mil.
Ecomic Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円136 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.


Ecomic Co EV-to-EBIT Related Terms


Ecomic Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ecomic 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.

Ecomic Co EV-to-EBIT Chart

Ecomic 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 5.06 4.92 4.17 12.85 3.28

Ecomic Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -4.88 -6.77 16.16 3.28 0.00

TSE:3802 vs CTAS, CPRT, GPN: EV-to-EBIT Comparison

For the Specialty Business Services subindustry, Ecomic 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.


Ecomic Co EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Ecomic Co's EV-to-EBIT distribution charts can be found below:

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


TSE:3802
79GF Score
Ecomic Co Ltd TSE:3802
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ecomic Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=371.012/135.663
=2.73

Ecomic Co's current Enterprise Value is 円371 Mil.
Ecomic Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円136 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 2.73 mean?
Ecomic Co (TSE:3802) has a EV-to-EBIT of 2.73 as of Sep. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ecomic Co and its competitors. This is 62% below median its historical median of 7.26. According to the industry distribution chart, Ecomic Co ranks #74 out of 856 companies in the Business Services industry, placing it in the top 8.6%.
Is Ecomic Co's EV-to-EBIT too high?
Ecomic Co's current EV-to-EBIT of 2.73 is 62% below median its 10-year median of 7.26. The Business Services industry median EV-to-EBIT is 10.97. Ecomic Co's value of 2.73 is 75.1% below this industry median. Based on the distribution chart, Ecomic Co ranks #74 out of 856 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ecomic Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ecomic Co's EV-to-EBIT compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Ecomic Co ranks #74 out of 856 companies for EV-to-EBIT. This places Ecomic Co in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 10.97. Ecomic Co's value of 2.73 is 75.1% below this benchmark. While the company's 10-year median is 7.26 vs. the industry median of 10.97, Ecomic 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 a Business Services company?
The median EV-to-EBIT among Business Services companies is 10.97, based on 856 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. Ecomic Co's current EV-to-EBIT of 2.73 is 75.1% 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 Ecomic Co and its competitors. For the Business Services industry, the median EV-to-EBIT is 10.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecomic Co's current EV-to-EBIT is 2.73, which is 62% below median its own 10-year median of 7.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecomic Co stock overvalued right now?
Based on GuruFocus' analysis, Ecomic Co (TSE:3802) is currently considered Fairly Valued. The stock's GF Value™ is 円473.01, compared to a current price of 円502.00 — trading 6.1% above its estimated fair value. The current EV-to-EBIT is 2.73, which is 62% below median its 10-year median of 7.26 and 75.1% below the Business Services industry median of 10.97. Ecomic Co's overall GF Score™ is 79/100 with 5 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 Ecomic Co (TSE:3802), the current EV-to-EBIT is 2.73 as of Sep. 02, 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 Ecomic Co (TSE:3802) Overvalued in 2026?

Based on GuruFocus' analysis, Ecomic Co stock appears to be overvalued. The current stock price of 円502.00 is trading 6.1% above its estimated GF Value™ of 円473.01. GuruFocus considers Ecomic Co to be Fairly Valued.

Key valuation signals for TSE:3802:

  • EV-to-EBIT: 2.73 (62% below median its 10-year median of 7.26)
  • GF Value™: 円473.01 vs. price of 円502.00 (6.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 75.1% below the Business Services median (#74 of 856)

No single metric tells the full story. See the TSE:3802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ecomic Co Business Description

Address Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042
Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.
79GF Score

Get the complete analysis for TSE:3802

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

円502.00
Price
円473.01
GF Value