Needs Well (TSE:3992) EV-to-EBIT: 12.37 (As of Sep. 01, 2026) — 30% Above Median

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TSE:3992 Needs Well Inc TSE:3992
91 GF Score
Price 円483.00
GF Value 円509.46
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Needs Well EV-to-EBIT?

Needs Well TSE:3992 +1.05% 91 EV-to-EBIT is 12.37 as of Sep. 01, 2026, which is 30% above its 10-year median of 9.55. GuruFocus rates TSE:3992 with a GF Score™ of 91/100 and a GF Value™ of 円509.46 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,771 Software companies, Needs Well ranks better than 55% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Needs Well's Enterprise Value is 円15,367 Mil. Needs Well's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,242 Mil. Therefore, Needs Well's EV-to-EBIT for today is 12.37.

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

TSE:3992' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.4   Med: 9.55   Max: 126.64
Current: 12.37

During the past 11 years, the highest EV-to-EBIT of Needs Well was 126.64. The lowest was 4.40. And the median was 9.55.

TSE:3992's EV-to-EBIT is ranked better than
55% of 1771 companies
in the Software industry
Industry Median: 13.9 vs TSE:3992: 12.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Needs Well's Enterprise Value for the quarter that ended in Mar. 2026 was 円15,551 Mil. Needs Well's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,242 Mil. Needs Well's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.99%.


Needs Well  (TSE:3992) 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) %.

Needs Well'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 )
=1241.989/15550.823
=7.99 %

Needs Well's Enterprise Value for the quarter that ended in Mar. 2026 was 円15,551 Mil.
Needs Well'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1,242 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.


Needs Well EV-to-EBIT Related Terms


Needs Well EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Needs Well'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.

Needs Well EV-to-EBIT Chart

Needs Well Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 5.00 8.89 7.74 13.50

Needs Well 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 33.90 13.50 19.15 12.84 0.00

TSE:3992 vs MSFT, PLTR, ORCL: EV-to-EBIT Comparison

For the Software - Infrastructure subindustry, Needs Well'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.


Needs Well EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Needs Well's EV-to-EBIT distribution charts can be found below:

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


TSE:3992
91GF Score
Needs Well Inc TSE:3992
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Needs Well EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15367.117/1241.989
=12.37

Needs Well's current Enterprise Value is 円15,367 Mil.
Needs Well'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1,242 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 12.37 mean?
Needs Well (TSE:3992) has a EV-to-EBIT of 12.37 as of Sep. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Needs Well and its competitors. This is 30% above median its historical median of 9.55. Over the past decade, Needs Well's EV-to-EBIT has ranged from 4.40 to 126.64. According to the industry distribution chart, Needs Well ranks #797 out of 1771 companies in the Software industry, placing it in the top 45%.
Is Needs Well's EV-to-EBIT too high?
Needs Well's current EV-to-EBIT of 12.37 is 30% above median its 10-year median of 9.55. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 126.64. The Software industry median EV-to-EBIT is 13.90. Needs Well's value of 12.37 is 11% below this industry median. Based on the distribution chart, Needs Well ranks #797 out of 1771 companies in the Software industry, which is above the industry midpoint. Overall, Needs Well has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Needs Well's EV-to-EBIT compare to MSFT and PLTR?
According to the Software industry distribution chart, Needs Well ranks #797 out of 1771 companies for EV-to-EBIT. This puts Needs Well in the upper half of its industry. The industry median EV-to-EBIT is 13.90. Needs Well's value of 12.37 is 11% below this benchmark. Historically, Needs Well's own EV-to-EBIT has ranged from 4.40 to 126.64 over the past decade. While the company's 10-year median is 9.55 vs. the industry median of 13.90, Needs Well 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 Software company?
The median EV-to-EBIT among Software companies is 13.90, based on 1,771 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. Needs Well's current EV-to-EBIT of 12.37 is 11% 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 Needs Well and its competitors. For the Software industry, the median EV-to-EBIT is 13.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Needs Well's current EV-to-EBIT is 12.37, which is 30% above median its own 10-year median of 9.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Needs Well stock overvalued right now?
Based on GuruFocus' analysis, Needs Well (TSE:3992) is currently considered Fairly Valued. The stock's GF Value™ is 円509.46, compared to a current price of 円483.00 — trading 5.2% below its estimated fair value. The current EV-to-EBIT is 12.37, which is 30% above median its 10-year median of 9.55 and 11% below the Software industry median of 13.90. Needs Well's overall GF Score™ is 91/100 with 2 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 Needs Well (TSE:3992), the current EV-to-EBIT is 12.37 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 Needs Well (TSE:3992) Overvalued in 2026?

Based on GuruFocus' analysis, Needs Well stock appears to be undervalued. The current stock price of 円483.00 is trading 5.2% below its estimated GF Value™ of 円509.46. GuruFocus considers Needs Well to be Fairly Valued.

Key valuation signals for TSE:3992:

  • EV-to-EBIT: 12.37 (30% above median its 10-year median of 9.55)
  • GF Value™: 円509.46 vs. price of 円483.00 (5.2% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 11% below the Software median (#797 of 1771)

No single metric tells the full story. See the TSE:3992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Needs Well Business Description

Address 13-15 South Tower, Tomihisa-cho Shinjuku-ku, Tokyo, JPN, 162-0067
Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB systems, digital marketing related system, business system, and CMS using web technology.
91GF Score

Get the complete analysis for TSE:3992

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

円483.00
Price
円509.46
GF Value