Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Heiwa Real Estate CoHWARF 74 EV-to-EBITDA is 16.41 as of Aug. 30, 2026, which is 32% below its 10-year median of 24.21. GuruFocus rates HWARF with a GF Score™ of 74/100 and a GF Value™ of $16.41. The stock has 4 warning signs investors should review. Among 1,380 Real Estate companies, Heiwa Real Estate Co ranks worse than 64.57% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Heiwa Real Estate Co's enterprise value is $2,491.4 Mil.
Heiwa Real Estate Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $151.8 Mil. Therefore, Heiwa Real Estate Co's EV-to-EBITDA for today is 16.41.
The historical rank and industry rank for Heiwa Real Estate Co's EV-to-EBITDA or its related term are showing as below:
HWARF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 15.93 Med: 24.21 Max: 39.59
Current: 16.77
During the past 13 years, the highest EV-to-EBITDA of Heiwa Real Estate Co was 39.59. The lowest was 15.93. And the median was 24.21.
HWARF's EV-to-EBITDA is ranked worse than 64.57% of 1380
companies
in the Real Estate industry
Industry Median: 12.38
vs HWARF: 16.77
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.
Heiwa Real Estate Co (OTCPK:HWARF) 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.
Heiwa Real Estate Co's PE Ratio (TTM) for today is calculated as:
Heiwa Real Estate Co's share price for today is $13.665.
Heiwa Real Estate Co'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 $0.999.
* 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 Heiwa Real Estate Co'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.
Heiwa Real Estate Co EV-to-EBITDA Competitor Comparison
For the Real Estate - Diversified subindustry, Heiwa Real Estate Co'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.
Heiwa Real Estate Co EV-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Heiwa Real Estate Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Heiwa Real Estate Co's EV-to-EBITDA falls into.
Heiwa Real Estate Co's current Enterprise Value is $2,491.4 Mil.
Heiwa Real Estate Co'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 $151.8 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 Real Estate Co (HWARF) has a EV-to-EBITDA of 16.41 as of Aug. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Heiwa Real Estate Co. This is 32% below median its historical median of 24.21. Over the past decade, Heiwa Real Estate Co's EV-to-EBITDA has ranged from 15.93 to 39.59. According to the industry distribution chart, Heiwa Real Estate Co ranks #891 out of 1380 companies in the Real Estate industry, placing it in the top 64.6%.
Is Heiwa Real Estate Co's EV-to-EBITDA too high?
Heiwa Real Estate Co's current EV-to-EBITDA of 16.41 is 32% below median its 10-year median of 24.21. Over the past 10 years, this metric has ranged from a low of 15.93 to a high of 39.59. The Real Estate industry median EV-to-EBITDA is 12.38. Heiwa Real Estate Co's value of 16.41 is 32.6% above this industry median. Based on the distribution chart, Heiwa Real Estate Co ranks #891 out of 1380 companies in the Real Estate industry, which is below the industry midpoint. Overall, Heiwa Real Estate Co has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate Co's EV-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Heiwa Real Estate Co ranks #891 out of 1380 companies for EV-to-EBITDA. This places Heiwa Real Estate Co in the lower half of its industry. The industry median EV-to-EBITDA is 12.38. Heiwa Real Estate Co's value of 16.41 is 32.6% above this benchmark. Historically, Heiwa Real Estate Co's own EV-to-EBITDA has ranged from 15.93 to 39.59 over the past decade. While the company's 10-year median is 24.21 vs. the industry median of 12.38, Heiwa Real Estate 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-EBITDA for a Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.38, based on 1,380 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. Heiwa Real Estate Co's current EV-to-EBITDA of 16.41 is 32.6% 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 Heiwa Real Estate Co. For the Real Estate industry, the median EV-to-EBITDA is 12.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heiwa Real Estate Co's current EV-to-EBITDA is 16.41, which is 32% below median its own 10-year median of 24.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate Co stock overvalued right now?
Heiwa Real Estate Co (HWARF) has a current EV-to-EBITDA of 16.41. The stock's GF Value™ is $16.41, compared to a current price of $13.67 — trading 16.7% below its estimated fair value. The current EV-to-EBITDA is 16.41, which is 32% below median its 10-year median of 24.21 and 32.6% above the Real Estate industry median of 12.38. Heiwa Real Estate Co's overall GF Score™ is 74/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Heiwa Real Estate Co (HWARF), the current EV-to-EBITDA is 16.41 as of Aug. 30, 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 Real Estate Co (HWARF) Overvalued in 2026?
Based on GuruFocus' analysis, Heiwa Real Estate Co stock appears to be undervalued.
The current stock price of $13.67 is trading 16.7% below its estimated GF Value™ of $16.41.
Key valuation signals for HWARF:
EV-to-EBITDA: 16.41 (32% below median its 10-year median of 24.21)
GF Value™: $16.41 vs. price of $13.67 (16.7% below fair value)
Industry Position: 32.6% above the Real Estate median (#891 of 1380)
No single metric tells the full story. See the HWARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heiwa Real Estate Co Ltd is primarily engaged in the leasing and development of real estate properties. The company's operates three reporting segments. The leasing business consists of ownership, leasing, management, and operation of stock exchanges, offices, commercial facilities, housing, conference venues, restaurants, and others. The real estate solutions segment consists of the development, operation and management of income property; the development and sale of houses; and the brokerage of real estate. The other businesses segment manages and renovates buildings and also operates an insurance agency and a private nursing-home business.
74GF Score
Get the complete analysis for HWARF
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HWARF has been successfully added to your 
