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ESPECTSE:6859 -1.83%91 EV-to-EBIT is 8.02 as of Sep. 03, 2026, which is 9% above its 10-year median of 7.37. GuruFocus rates TSE:6859 with a GF Score™ of 91/100 and a GF Value™ of 円3,204.03 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,779 Hardware companies, ESPEC ranks better than 78.13% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ESPEC's Enterprise Value is 円65,050 Mil.
ESPEC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円8,106 Mil. Therefore, ESPEC's EV-to-EBIT for today is 8.02.
The historical rank and industry rank for ESPEC's EV-to-EBIT or its related term are showing as below:
TSE:6859'
s EV-to-EBIT Range Over the Past 10 Years
Min: 2.9 Med: 7.37 Max: 14.27
Current: 8.03
During the past 13 years, the highest EV-to-EBIT of ESPEC was 14.27. The lowest was 2.90. And the median was 7.37.
TSE:6859's EV-to-EBIT is ranked better than 78.13% of 1779
companies
in the Hardware industry
Industry Median: 18.77
vs TSE:6859: 8.03
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.
ESPEC's Enterprise Value for the quarter that ended in Mar. 2026 was 円49,445 Mil.
ESPEC'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8,106 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.
ESPEC EV-to-EBIT Related Terms
ESPEC EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for ESPEC'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.
TSE:6859 vs GRMN, COHR, KEYS: EV-to-EBIT Comparison
For the Scientific & Technical Instruments subindustry, ESPEC'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.
ESPEC EV-to-EBIT vs Hardware Industry
For the Hardware industry and Technology sector, ESPEC's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where ESPEC's EV-to-EBIT falls into.
ESPEC's current Enterprise Value is 円65,050 Mil.
ESPEC'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8,106 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.
ESPEC (TSE:6859) has a EV-to-EBIT of 8.02 as of Sep. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ESPEC and its competitors. This is near median its historical median of 7.37. Over the past decade, ESPEC's EV-to-EBIT has ranged from 2.90 to 14.27. According to the industry distribution chart, ESPEC ranks #389 out of 1779 companies in the Hardware industry, placing it in the top 21.9%.
Is ESPEC's EV-to-EBIT too high?
ESPEC's current EV-to-EBIT of 8.02 is near median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 14.27. The Hardware industry median EV-to-EBIT is 18.77. ESPEC's value of 8.02 is 57.3% below this industry median. Based on the distribution chart, ESPEC ranks #389 out of 1779 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, ESPEC has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ESPEC's EV-to-EBIT compare to GRMN and COHR?
According to the Hardware industry distribution chart, ESPEC ranks #389 out of 1779 companies for EV-to-EBIT. This places ESPEC in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 18.77. ESPEC's value of 8.02 is 57.3% below this benchmark. Historically, ESPEC's own EV-to-EBIT has ranged from 2.90 to 14.27 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 18.77, ESPEC 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 Hardware company?
The median EV-to-EBIT among Hardware companies is 18.77, based on 1,779 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. ESPEC's current EV-to-EBIT of 8.02 is 57.3% 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 ESPEC and its competitors. For the Hardware industry, the median EV-to-EBIT is 18.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ESPEC's current EV-to-EBIT is 8.02, which is near median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ESPEC stock overvalued right now?
Based on GuruFocus' analysis, ESPEC (TSE:6859) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,204.03, compared to a current price of 円3,765.00 — trading 17.5% above its estimated fair value. The current EV-to-EBIT is 8.02, which is near median its 10-year median of 7.37 and 57.3% below the Hardware industry median of 18.77. ESPEC's overall GF Score™ is 91/100 with 1 warning sign 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 ESPEC (TSE:6859), the current EV-to-EBIT is 8.02 as of Sep. 03, 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 ESPEC (TSE:6859) Overvalued in 2026?
Based on GuruFocus' analysis, ESPEC stock appears to be overvalued.
The current stock price of 円3,765.00 is trading 17.5% above its estimated GF Value™ of 円3,204.03.
GuruFocus considers ESPEC to be Modestly Overvalued.
Key valuation signals for TSE:6859:
EV-to-EBIT: 8.02 (near median its 10-year median of 7.37)
GF Value™: 円3,204.03 vs. price of 円3,765.00 (17.5% above fair value)
Industry Position: 57.3% below the Hardware median (#389 of 1779)
No single metric tells the full story. See the TSE:6859 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ESPEC Corp is a Japanese manufacturer of environmental test chambers. It is engaged in the business divisions of Equipment business, Service business and Other business. In the Equipment business, the company offers environmental test chambers, secondary battery-related equipment, measurement and evaluation systems and semiconductor-related equipment. In the Service business, the entity offers after-sales service and engineering, laboratory testing services and other services. The organization offers its products in Japan and other countries.
91GF Score
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