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KeyenceFRA:KEE +2.53%100 EV-to-EBITDA is 30.87 as of Aug. 13, 2026, which is 14% above its 10-year median of 27.06. GuruFocus rates FRA:KEE with a GF Score™ of 100/100 and a GF Value™ of €434.26 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,892 Hardware companies, Keyence ranks worse than 70.77% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Keyence's enterprise value is €106,897 Mil.
Keyence's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €3,463 Mil. Therefore, Keyence's EV-to-EBITDA for today is 30.87.
The historical rank and industry rank for Keyence's EV-to-EBITDA or its related term are showing as below:
FRA:KEE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 16.77 Med: 27.06 Max: 53.59
Current: 31.84
During the past 13 years, the highest EV-to-EBITDA of Keyence was 53.59. The lowest was 16.77. And the median was 27.06.
FRA:KEE's EV-to-EBITDA is ranked worse than 70.77% of 1892
companies
in the Hardware industry
Industry Median: 15.355
vs FRA:KEE: 31.84
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.
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.
Keyence's share price for today is €482.00.
Keyence's Earnings per Share (Diluted) 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 €10.365.
* 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).
The historical data trend for Keyence'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.
FRA:KEE vs COHR, KEYS, GRMN: EV-to-EBITDA Comparison
For the Scientific & Technical Instruments subindustry, Keyence'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.
Keyence EV-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Keyence's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Keyence's EV-to-EBITDA falls into.
Keyence's current Enterprise Value is €106,897 Mil.
Keyence's EBITDA 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 €3,463 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.
Keyence (FRA:KEE) has a EV-to-EBITDA of 30.87 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Keyence. This is 14% above median its historical median of 27.06. Over the past decade, Keyence's EV-to-EBITDA has ranged from 16.77 to 53.59. According to the industry distribution chart, Keyence ranks #1339 out of 1892 companies in the Hardware industry, placing it in the top 70.8%.
Is Keyence's EV-to-EBITDA too high?
Keyence's current EV-to-EBITDA of 30.87 is 14% above median its 10-year median of 27.06. Over the past 10 years, this metric has ranged from a low of 16.77 to a high of 53.59. The Hardware industry median EV-to-EBITDA is 15.36. Keyence's value of 30.87 is 101% above this industry median. Based on the distribution chart, Keyence ranks #1339 out of 1892 companies in the Hardware industry, which is below the industry midpoint. Overall, Keyence has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyence's EV-to-EBITDA compare to COHR and KEYS?
According to the Hardware industry distribution chart, Keyence ranks #1339 out of 1892 companies for EV-to-EBITDA. This places Keyence in the lower half of its industry. The industry median EV-to-EBITDA is 15.36. Keyence's value of 30.87 is 101% above this benchmark. Historically, Keyence's own EV-to-EBITDA has ranged from 16.77 to 53.59 over the past decade. While the company's 10-year median is 27.06 vs. the industry median of 15.36, Keyence 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-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 15.36, based on 1,892 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. Keyence's current EV-to-EBITDA of 30.87 is 101% 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 Keyence. For the Hardware industry, the median EV-to-EBITDA is 15.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyence's current EV-to-EBITDA is 30.87, which is 14% above median its own 10-year median of 27.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyence stock overvalued right now?
Based on GuruFocus' analysis, Keyence (FRA:KEE) is currently considered Modestly Overvalued. The stock's GF Value™ is €434.26, compared to a current price of €482.00 — trading 11% above its estimated fair value. The current EV-to-EBITDA is 30.87, which is 14% above median its 10-year median of 27.06 and 101% above the Hardware industry median of 15.36. Keyence's overall GF Score™ is 100/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Keyence (FRA:KEE), the current EV-to-EBITDA is 30.87 as of Aug. 13, 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 Keyence (FRA:KEE) Overvalued in 2026?
Based on GuruFocus' analysis, Keyence stock appears to be overvalued.
The current stock price of €482.00 is trading 11% above its estimated GF Value™ of €434.26.
GuruFocus considers Keyence to be Modestly Overvalued.
Key valuation signals for FRA:KEE:
EV-to-EBITDA: 30.87 (14% above median its 10-year median of 27.06)
GF Value™: €434.26 vs. price of €482.00 (11% above fair value)
Industry Position: 101% above the Hardware median (#1339 of 1892)
No single metric tells the full story. See the FRA:KEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keyence Corporation, founded in May 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, began as Lead Electric Co., Ltd. before rebranding to Keyence (derived from "KEY of sciENCE") in 1986. As a global leader in industrial automation, the company designs and manufactures a comprehensive range of high-precision products, including sensors (photoelectric, laser, proximity), machine vision systems, measurement instruments (laser displacement sensors, 3D scanners), control systems (PLCs, HMIs), laser markers, digital microscopes, and safety equipment.
100GF Score
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