f-code (TSE:9211) EV-to-EBIT: 6.58 (As of Aug. 27, 2026) — 74% Below Median

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TSE:9211 f-code Inc TSE:9211
77 GF Score
Price 円1,492.00
GF Value 円4,938.08
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is f-code EV-to-EBIT?

f-code TSE:9211 +0.07% 77 EV-to-EBIT is 6.58 as of Aug. 27, 2026, which is 74% below its 10-year median of 25.21. GuruFocus rates TSE:9211 with a GF Score™ of 77/100 and a GF Value™ of 円4,938.08 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 653 Media - Diversified companies, f-code ranks better than 64.32% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, f-code's Enterprise Value is 円18,798 Mil. f-code's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円2,857 Mil. Therefore, f-code's EV-to-EBIT for today is 6.58.

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

TSE:9211' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.16   Med: 25.21   Max: 1196.52
Current: 6.58

During the past 7 years, the highest EV-to-EBIT of f-code was 1196.52. The lowest was 6.16. And the median was 25.21.

TSE:9211's EV-to-EBIT is ranked better than
64.32% of 653 companies
in the Media - Diversified industry
Industry Median: 10.13 vs TSE:9211: 6.58

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. f-code's Enterprise Value for the quarter that ended in Jun. 2026 was 円16,675 Mil. f-code's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円2,857 Mil. f-code's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 17.13%.


f-code  (TSE:9211) 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) %.

f-code's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=2856.663/16674.516
=17.13 %

f-code's Enterprise Value for the quarter that ended in Jun. 2026 was 円16,675 Mil.
f-code's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,857 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.


f-code EV-to-EBIT Related Terms


f-code EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for f-code'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.

f-code EV-to-EBIT Chart

f-code Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 110.94 82.34 20.60 12.22 9.24

f-code Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 26.89 16.18 9.24 8.57 5.84

TSE:9211 vs APP, OMC, TTD: EV-to-EBIT Comparison

For the Advertising Agencies subindustry, f-code'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.


f-code EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, f-code's EV-to-EBIT distribution charts can be found below:

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


TSE:9211
77GF Score
f-code Inc TSE:9211
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

f-code EV-to-EBIT Calculation

f-code's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=18798.438/2856.663
=6.58

f-code's current Enterprise Value is 円18,798 Mil.
f-code's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,857 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 6.58 mean?
f-code (TSE:9211) has a EV-to-EBIT of 6.58 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on f-code and its competitors. This is 74% below median its historical median of 25.21. Over the past decade, f-code's EV-to-EBIT has ranged from 6.16 to 1,196.52. According to the industry distribution chart, f-code ranks #233 out of 653 companies in the Media - Diversified industry, placing it in the top 35.7%.
Is f-code's EV-to-EBIT too high?
f-code's current EV-to-EBIT of 6.58 is 74% below median its 10-year median of 25.21. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 1,196.52. The Media - Diversified industry median EV-to-EBIT is 10.13. f-code's value of 6.58 is 35% below this industry median. Based on the distribution chart, f-code ranks #233 out of 653 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, f-code has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does f-code's EV-to-EBIT compare to APP and OMC?
According to the Media - Diversified industry distribution chart, f-code ranks #233 out of 653 companies for EV-to-EBIT. This puts f-code in the upper half of its industry. The industry median EV-to-EBIT is 10.13. f-code's value of 6.58 is 35% below this benchmark. Historically, f-code's own EV-to-EBIT has ranged from 6.16 to 1,196.52 over the past decade. While the company's 10-year median is 25.21 vs. the industry median of 10.13, f-code 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 Media - Diversified company?
The median EV-to-EBIT among Media - Diversified companies is 10.13, based on 653 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. f-code's current EV-to-EBIT of 6.58 is 35% 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 f-code and its competitors. For the Media - Diversified industry, the median EV-to-EBIT is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. f-code's current EV-to-EBIT is 6.58, which is 74% below median its own 10-year median of 25.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is f-code stock overvalued right now?
Based on GuruFocus' analysis, f-code (TSE:9211) is currently considered Possible Value Trap. The stock's GF Value™ is 円4,938.08, compared to a current price of 円1,492.00 — trading 69.8% below its estimated fair value. The current EV-to-EBIT is 6.58, which is 74% below median its 10-year median of 25.21 and 35% below the Media - Diversified industry median of 10.13. f-code's overall GF Score™ is 77/100 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 f-code (TSE:9211), the current EV-to-EBIT is 6.58 as of Aug. 27, 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 f-code (TSE:9211) Overvalued in 2026?

Based on GuruFocus' analysis, f-code stock appears to be undervalued. The current stock price of 円1,492.00 is trading 69.8% below its estimated GF Value™ of 円4,938.08. GuruFocus considers f-code to be Possible Value Trap.

Key valuation signals for TSE:9211:

  • EV-to-EBIT: 6.58 (74% below median its 10-year median of 25.21)
  • GF Value™: 円4,938.08 vs. price of 円1,492.00 (69.8% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 35% below the Media - Diversified median (#233 of 653)

No single metric tells the full story. See the TSE:9211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


f-code Business Description

Address 1-1 Kagurazaka, 2nd Floor, Kagurazaka Sotobori Dori Building, Shinjuku-ku, Tokyo, JPN, 162-0825
f-code Inc is engaged in providing comprehensive consulting services in digital marketing.
77GF Score

Get the complete analysis for TSE:9211

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

円1,492.00
Price
円4,938.08
GF Value