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KeyenceMEX:KEYN 87 EV-to-EBITDA is 28.24 as of Aug. 10, 2026, which is 4% above its 10-year median of 27.06. GuruFocus rates MEX:KEYN with a GF Score™ of 87/100 and a GF Value™ of MXN9,201.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,890 Hardware companies, Keyence ranks worse than 70.58% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Keyence's enterprise value is MXN2,079,994 Mil.
Keyence's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN73,644 Mil. Therefore, Keyence's EV-to-EBITDA for today is 28.24.
The historical rank and industry rank for Keyence's EV-to-EBITDA or its related term are showing as below:
MEX:KEYN'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 16.77 Med: 27.06 Max: 53.59
Current: 31.24
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.
MEX:KEYN's EV-to-EBITDA is ranked worse than 70.58% of 1890
companies
in the Hardware industry
Industry Median: 15.14
vs MEX:KEYN: 31.24
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 (2026-08-10), Keyence's stock price is MXN8719.15.
Keyence's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN220.602. Therefore, Keyence's PE Ratio (TTM) for today is 39.52.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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 MXN8719.15.
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 MXN220.602.
* 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.
MEX:KEYN 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 MXN2,079,994 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 MXN73,644 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 (MEX:KEYN) has a EV-to-EBITDA of 28.24 as of Aug. 10, 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 near 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 #1334 out of 1890 companies in the Hardware industry, placing it in the top 70.6%.
Is Keyence's EV-to-EBITDA too high?
Keyence's current EV-to-EBITDA of 28.24 is near 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 15.14. Keyence's value of 28.24 is 86.5% above this industry median. Based on the distribution chart, Keyence ranks #1334 out of 1890 companies in the Hardware industry, which is below the industry midpoint. Overall, Keyence has a GF Score™ of 87/100 and is considered Fairly Valued, 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 #1334 out of 1890 companies for EV-to-EBITDA. This places Keyence in the lower half of its industry. The industry median EV-to-EBITDA is 15.14. Keyence's value of 28.24 is 86.5% 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 15.14, 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 15.14, based on 1,890 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 28.24 is 86.5% 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 15.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyence's current EV-to-EBITDA is 28.24, which is near 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 (MEX:KEYN) is currently considered Fairly Valued. The stock's GF Value™ is MXN9,201.75, compared to a current price of MXN8,719.15 — trading 5.2% below its estimated fair value. The current EV-to-EBITDA is 28.24, which is near median its 10-year median of 27.06 and 86.5% above the Hardware industry median of 15.14. Keyence's overall GF Score™ is 87/100 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 (MEX:KEYN), the current EV-to-EBITDA is 28.24 as of Aug. 10, 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 (MEX:KEYN) Overvalued in 2026?
Based on GuruFocus' analysis, Keyence stock appears to be undervalued.
The current stock price of MXN8,719.15 is trading 5.2% below its estimated GF Value™ of MXN9,201.75.
GuruFocus considers Keyence to be Fairly Valued.
Key valuation signals for MEX:KEYN:
EV-to-EBITDA: 28.24 (near median its 10-year median of 27.06)
GF Value™: MXN9,201.75 vs. price of MXN8,719.15 (5.2% below fair value)
Industry Position: 86.5% above the Hardware median (#1334 of 1890)
No single metric tells the full story. See the MEX:KEYN 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.
87GF Score
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