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.
Japan TobaccoJAPAF 76 EV-to-EBITDA is 9.31 as of Jul. 16, 2026, which is 20% above its 10-year median of 7.76. GuruFocus rates JAPAF with a GF Score™ of 76/100 and a GF Value™ of $32.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 39 Tobacco Products companies, Japan Tobacco ranks worse than 61.54% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Japan Tobacco's enterprise value is $72,767 Mil.
Japan Tobacco's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $7,816 Mil. Therefore, Japan Tobacco's EV-to-EBITDA for today is 9.31.
The historical rank and industry rank for Japan Tobacco's EV-to-EBITDA or its related term are showing as below:
JAPAF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.29 Med: 7.76 Max: 15.72
Current: 9.31
During the past 13 years, the highest EV-to-EBITDA of Japan Tobacco was 15.72. The lowest was 5.29. And the median was 7.76.
JAPAF's EV-to-EBITDA is ranked worse than 61.54% of 39
companies
in the Tobacco Products industry
Industry Median: 8.95
vs JAPAF: 9.31
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Japan Tobacco (OTCPK:JAPAF) 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.
Japan Tobacco's PE Ratio (TTM) for today is calculated as:
Japan Tobacco's share price for today is $35.36.
Japan Tobacco'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 $2.057.
* 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 Japan Tobacco'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.
For the Tobacco subindustry, Japan Tobacco'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.
Japan Tobacco EV-to-EBITDA vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Japan Tobacco's EV-to-EBITDA falls into.
Japan Tobacco's current Enterprise Value is $72,767 Mil.
Japan Tobacco'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 $7,816 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.
Japan Tobacco (JAPAF) has a EV-to-EBITDA of 9.31 as of Jul. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Japan Tobacco. This is 20% above median its historical median of 7.76. Over the past decade, Japan Tobacco's EV-to-EBITDA has ranged from 5.29 to 15.72. According to the industry distribution chart, Japan Tobacco ranks #24 out of 39 companies in the Tobacco Products industry, placing it in the top 61.5%.
Is Japan Tobacco's EV-to-EBITDA too high?
Japan Tobacco's current EV-to-EBITDA of 9.31 is 20% above median its 10-year median of 7.76. Over the past 10 years, this metric has ranged from a low of 5.29 to a high of 15.72. The Tobacco Products industry median EV-to-EBITDA is 8.95. Japan Tobacco's value of 9.31 is 4% above this industry median. Based on the distribution chart, Japan Tobacco ranks #24 out of 39 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Japan Tobacco has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's EV-to-EBITDA compare to PM and MO?
According to the Tobacco Products industry distribution chart, Japan Tobacco ranks #24 out of 39 companies for EV-to-EBITDA. This places Japan Tobacco in the lower half of its industry. The industry median EV-to-EBITDA is 8.95. Japan Tobacco's value of 9.31 is 4% above this benchmark. Historically, Japan Tobacco's own EV-to-EBITDA has ranged from 5.29 to 15.72 over the past decade. While the company's 10-year median is 7.76 vs. the industry median of 8.95, Japan Tobacco 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 Tobacco Products company?
The median EV-to-EBITDA among Tobacco Products companies is 8.95, based on 39 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. Japan Tobacco's current EV-to-EBITDA of 9.31 is 4% 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 Japan Tobacco. For the Tobacco Products industry, the median EV-to-EBITDA is 8.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Tobacco's current EV-to-EBITDA is 9.31, which is 20% above median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (JAPAF) is currently considered Fairly Valued. The stock's GF Value™ is $32.95, compared to a current price of $35.36 — trading 7.3% above its estimated fair value. The current EV-to-EBITDA is 9.31, which is 20% above median its 10-year median of 7.76 and 4% above the Tobacco Products industry median of 8.95. Japan Tobacco's overall GF Score™ is 76/100 with 7 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 Japan Tobacco (JAPAF), the current EV-to-EBITDA is 9.31 as of Jul. 16, 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 Japan Tobacco (JAPAF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued.
The current stock price of $35.36 is trading 7.3% above its estimated GF Value™ of $32.95.
GuruFocus considers Japan Tobacco to be Fairly Valued.
Key valuation signals for JAPAF:
EV-to-EBITDA: 9.31 (20% above median its 10-year median of 7.76)
GF Value™: $32.95 vs. price of $35.36 (7.3% above fair value)
Industry Position: 4% above the Tobacco Products median (#24 of 39)
No single metric tells the full story. See the JAPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
76GF Score
Get the complete analysis for JAPAF
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
JAPAF has been successfully added to your 
