Daiwa Securities Group (FRA:DSE) EV-to-EBITDA: 9.49 (As of Sep. 22, 2026)

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FRA:DSE Daiwa Securities Group Inc FRA:DSE
54 GF Score
Price €10.10
GF Value €7.28
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Daiwa Securities Group EV-to-EBITDA?

Daiwa Securities Group FRA:DSE -0.98% 54 EV-to-EBITDA is 9.49 as of Sep. 22, 2026. GuruFocus rates FRA:DSE with a GF Score™ of 54/100 and a GF Value™ of €7.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 541 Capital Markets companies, Daiwa Securities Group ranks worse than 184842.7% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Daiwa Securities Group's enterprise value is €18,757 Mil. Daiwa Securities Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €1,976 Mil. Therefore, Daiwa Securities Group's EV-to-EBITDA for today is 9.49.

The historical rank and industry rank for Daiwa Securities Group's EV-to-EBITDA or its related term are showing as below:

FRA:DSE's EV-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 8.23
* Ranked among companies with meaningful EV-to-EBITDA only.

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-22), Daiwa Securities Group's stock price is €10.10. Daiwa Securities Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.789. Therefore, Daiwa Securities Group's PE Ratio (TTM) for today is 12.80.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Daiwa Securities Group  (FRA:DSE) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Daiwa Securities Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.10/0.789
=12.80

Daiwa Securities Group's share price for today is €10.10.
Daiwa Securities Group's Earnings per Share (Diluted) 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 €0.789.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Daiwa Securities Group EV-to-EBITDA Related Terms


Daiwa Securities Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Daiwa Securities Group's EV-to-EBITDA 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.

Daiwa Securities Group EV-to-EBITDA Chart

Daiwa Securities Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.34 -47.88 -46.24 -51.51 -30.23

Daiwa Securities Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 -42.69 -44.91 -41.41 -30.68 -25.95

FRA:DSE vs MS, GS, SCHW: EV-to-EBITDA Comparison

For the Capital Markets subindustry, Daiwa Securities Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Daiwa Securities Group EV-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Daiwa Securities Group's EV-to-EBITDA falls into.


FRA:DSE
54GF Score
Daiwa Securities Group Inc FRA:DSE
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa Securities Group EV-to-EBITDA Calculation

Daiwa Securities Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=18757.125/1976.1672549463
=9.49

Daiwa Securities Group's current Enterprise Value is €18,757 Mil.
Daiwa Securities Group's EBITDA 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 €1,976 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-EBITDA →
What does a EV-to-EBITDA of 9.49 mean?
Daiwa Securities Group (FRA:DSE) has a EV-to-EBITDA of 9.49 as of Sep. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Daiwa Securities Group. According to the industry distribution chart, Daiwa Securities Group ranks #999999 out of 541 companies in the Capital Markets industry.
Is Daiwa Securities Group's EV-to-EBITDA too high?
Daiwa Securities Group's current EV-to-EBITDA is 9.49. The Capital Markets industry median EV-to-EBITDA is 8.23. Daiwa Securities Group's value of 9.49 is 15.3% above this industry median. Based on the distribution chart, Daiwa Securities Group ranks #999999 out of 541 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Daiwa Securities Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Group's EV-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, Daiwa Securities Group ranks #999999 out of 541 companies for EV-to-EBITDA. This places Daiwa Securities Group in the lower half of its industry. The industry median EV-to-EBITDA is 8.23. Daiwa Securities Group's value of 9.49 is 15.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 8.23, based on 541 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daiwa Securities Group's current EV-to-EBITDA of 9.49 is 15.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Daiwa Securities Group. For the Capital Markets industry, the median EV-to-EBITDA is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Securities Group's current EV-to-EBITDA is 9.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Securities Group (FRA:DSE) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.28, compared to a current price of €10.10 — trading 38.7% above its estimated fair value. The current EV-to-EBITDA is 9.49 and 15.3% above the Capital Markets industry median of 8.23. Daiwa Securities Group's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Daiwa Securities Group (FRA:DSE), the current EV-to-EBITDA is 9.49 as of Sep. 22, 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 Daiwa Securities Group (FRA:DSE) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Securities Group stock appears to be overvalued. The current stock price of €10.10 is trading 38.7% above its estimated GF Value™ of €7.28. GuruFocus considers Daiwa Securities Group to be Significantly Overvalued.

Key valuation signals for FRA:DSE:

  • EV-to-EBITDA: 9.49
  • GF Value™: €7.28 vs. price of €10.10 (38.7% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 15.3% above the Capital Markets median (#999999 of 541)

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


Daiwa Securities Group Business Description

Address 1-9-1 Marunouchi, Gran Tokyo North Tower, Chiyoda-ku, Tokyo, JPN, 100-6751
Daiwa Securities Group Inc is a Japan-based financial services company. The company operates through four segments. The Asset Management Division manages investment trusts, funds, and corporations across assets, including private equity, real estate, renewable energy, and infrastructure, while also offering advisory services to institutional investors in Japan and overseas. The Global Markets & Investment Banking Division handles sales and trading of securities, foreign exchange, and derivatives, and provides underwriting and M&A advisory. The Wealth Management Division serves individuals and private corporate clients with diverse financial products. Others include subsidiary management, information services, administration, and real estate leasing.
54GF Score

Get the complete analysis for FRA:DSE

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

€10.10
Price
€7.28
GF Value