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Heiwa Paper CoTSE:9929 +1.06%70 EV-to-EBIT is 19.01 as of Aug. 26, 2026, which is 32% above its 10-year median of 14.43. GuruFocus rates TSE:9929 with a GF Score™ of 70/100 and a GF Value™ of 円437.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 199 Forest Products companies, Heiwa Paper Co ranks worse than 64.82% on this metric.
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.
Heiwa Paper Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円3,810 Mil.
Heiwa Paper 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209 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.
Heiwa Paper Co EV-to-EBIT Related Terms
Heiwa Paper Co EV-to-EBIT Historical Data
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The historical data trend for Heiwa Paper 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.
For the Paper & Paper Products subindustry, Heiwa Paper 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.
Heiwa Paper Co EV-to-EBIT vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Heiwa Paper Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Heiwa Paper Co's EV-to-EBIT falls into.
Heiwa Paper Co's current Enterprise Value is 円3,965 Mil.
Heiwa Paper 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209 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.
Heiwa Paper Co (TSE:9929) has a EV-to-EBIT of 19.01 as of Aug. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Heiwa Paper Co and its competitors. This is 32% above median its historical median of 14.43. According to the industry distribution chart, Heiwa Paper Co ranks #129 out of 199 companies in the Forest Products industry, placing it in the top 64.8%.
Is Heiwa Paper Co's EV-to-EBIT too high?
Heiwa Paper Co's current EV-to-EBIT of 19.01 is 32% above median its 10-year median of 14.43. The Forest Products industry median EV-to-EBIT is 14.43. Heiwa Paper Co's value of 19.01 is 31.7% above this industry median. Based on the distribution chart, Heiwa Paper Co ranks #129 out of 199 companies in the Forest Products industry, which is below the industry midpoint. Overall, Heiwa Paper Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Paper Co's EV-to-EBIT compare to competitors?
According to the Forest Products industry distribution chart, Heiwa Paper Co ranks #129 out of 199 companies for EV-to-EBIT. This places Heiwa Paper Co in the lower half of its industry. The industry median EV-to-EBIT is 14.43. Heiwa Paper Co's value of 19.01 is 31.7% above this benchmark. While the company's 10-year median is 14.43 vs. the industry median of 14.43, Heiwa Paper Co has consistently been above 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 Forest Products company?
The median EV-to-EBIT among Forest Products companies is 14.43, based on 199 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. Heiwa Paper Co's current EV-to-EBIT of 19.01 is 31.7% above 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 Heiwa Paper Co and its competitors. For the Forest Products industry, the median EV-to-EBIT is 14.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heiwa Paper Co's current EV-to-EBIT is 19.01, which is 32% above median its own 10-year median of 14.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Paper Co (TSE:9929) is currently considered Fairly Valued. The stock's GF Value™ is 円437.66, compared to a current price of 円477.00 — trading 9% above its estimated fair value. The current EV-to-EBIT is 19.01, which is 32% above median its 10-year median of 14.43 and 31.7% above the Forest Products industry median of 14.43. Heiwa Paper Co's overall GF Score™ is 70/100 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 Heiwa Paper Co (TSE:9929), the current EV-to-EBIT is 19.01 as of Aug. 26, 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 Heiwa Paper Co (TSE:9929) Overvalued in 2026?
Based on GuruFocus' analysis, Heiwa Paper Co stock appears to be overvalued.
The current stock price of 円477.00 is trading 9% above its estimated GF Value™ of 円437.66.
GuruFocus considers Heiwa Paper Co to be Fairly Valued.
Key valuation signals for TSE:9929:
EV-to-EBIT: 19.01 (32% above median its 10-year median of 14.43)
GF Value™: 円437.66 vs. price of 円477.00 (9% above fair value)
Industry Position: 31.7% above the Forest Products median (#129 of 199)
No single metric tells the full story. See the TSE:9929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heiwa Paper Co Ltd develops, sells, exports and imports specialty papers, high-grade papers, industrial papers, and other paper materials. It also develops and commercializes new paper products. The company's product profile includes Exo Raxa, TANT, Deep Mat, Gokanshi, Cotton Life S, Satogami, Bunpel, SS-Soft, Mandala, Snow Petal, Kishu Rainbow, and others.
70GF Score
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