ASNOVA Co (NGO:9223) EV-to-EBITDA: 5.30 (As of Sep. 15, 2026) — 86% Below Median

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NGO:9223 ASNOVA Co Ltd NGO:9223
18 GF Score
Price 円396.00
! 6 Warning Signs
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What is ASNOVA Co EV-to-EBITDA?

ASNOVA Co NGO:9223 18 EV-to-EBITDA is 5.30 as of Sep. 15, 2026, which is 86% below its 10-year median of 37.74. GuruFocus rates NGO:9223 with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 911 Business Services companies, ASNOVA Co ranks better than 66.74% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, ASNOVA Co's enterprise value is 円11,422 Mil. ASNOVA Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,157 Mil. Therefore, ASNOVA Co's EV-to-EBITDA for today is 5.30.

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

NGO:9223' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.3   Med: 37.74   Max: 396.92
Current: 5.3

During the past 7 years, the highest EV-to-EBITDA of ASNOVA Co was 396.92. The lowest was 5.30. And the median was 37.74.

NGO:9223's EV-to-EBITDA is ranked better than
66.74% of 911 companies
in the Business Services industry
Industry Median: 7.34 vs NGO:9223: 5.30

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 (2026-09-15), ASNOVA Co's stock price is 円396.00. ASNOVA Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円-8.280. Therefore, ASNOVA Co's PE Ratio (TTM) for today is At Loss.

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


ASNOVA Co  (NGO:9223) 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.

ASNOVA Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=396.00/-8.280
=At Loss

ASNOVA Co's share price for today is 円396.00.
ASNOVA 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 円-8.280.

* 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?


ASNOVA Co EV-to-EBITDA Related Terms


ASNOVA Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ASNOVA 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.

ASNOVA Co EV-to-EBITDA Chart

ASNOVA Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 6.53 6.70 6.96 6.19

ASNOVA Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 8.11 7.90 6.98 6.19 5.12

NGO:9223 vs URI, SUNB, AER: EV-to-EBITDA Comparison

For the Rental & Leasing Services subindustry, ASNOVA 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.


ASNOVA Co EV-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, ASNOVA Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ASNOVA Co's EV-to-EBITDA falls into.


NGO:9223
18GF Score
ASNOVA Co Ltd NGO:9223
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASNOVA Co EV-to-EBITDA Calculation

ASNOVA Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=11421.897/2156.678
=5.30

ASNOVA Co's current Enterprise Value is 円11,422 Mil.
ASNOVA 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 円2,157 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 5.30 mean?
ASNOVA Co (NGO:9223) has a EV-to-EBITDA of 5.30 as of Sep. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ASNOVA Co. This is 86% below median its historical median of 37.74. Over the past decade, ASNOVA Co's EV-to-EBITDA has ranged from 5.30 to 396.92. According to the industry distribution chart, ASNOVA Co ranks #303 out of 911 companies in the Business Services industry, placing it in the top 33.3%.
Is ASNOVA Co's EV-to-EBITDA too high?
ASNOVA Co's current EV-to-EBITDA of 5.30 is 86% below median its 10-year median of 37.74. Over the past 10 years, this metric has ranged from a low of 5.30 to a high of 396.92. The Business Services industry median EV-to-EBITDA is 7.34. ASNOVA Co's value of 5.30 is 27.8% below this industry median. Based on the distribution chart, ASNOVA Co ranks #303 out of 911 companies in the Business Services industry, which is above the industry midpoint. Overall, ASNOVA Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does ASNOVA Co's EV-to-EBITDA compare to URI and SUNB?
According to the Business Services industry distribution chart, ASNOVA Co ranks #303 out of 911 companies for EV-to-EBITDA. This puts ASNOVA Co in the upper half of its industry. The industry median EV-to-EBITDA is 7.34. ASNOVA Co's value of 5.30 is 27.8% below this benchmark. Historically, ASNOVA Co's own EV-to-EBITDA has ranged from 5.30 to 396.92 over the past decade. While the company's 10-year median is 37.74 vs. the industry median of 7.34, ASNOVA Co has consistently been below 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 Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.34, based on 911 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. ASNOVA Co's current EV-to-EBITDA of 5.30 is 27.8% below 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 ASNOVA Co. For the Business Services industry, the median EV-to-EBITDA is 7.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASNOVA Co's current EV-to-EBITDA is 5.30, which is 86% below median its own 10-year median of 37.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASNOVA Co stock overvalued right now?
ASNOVA Co (NGO:9223) has a current EV-to-EBITDA of 5.30. The current EV-to-EBITDA is 5.30, which is 86% below median its 10-year median of 37.74 and 27.8% below the Business Services industry median of 7.34. ASNOVA Co's overall GF Score™ is 18/100 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 ASNOVA Co (NGO:9223), the current EV-to-EBITDA is 5.30 as of Sep. 15, 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.

ASNOVA Co Business Description

Other Exchanges 9223:Japan
Address 4-60-12 Hiraike-cho, 26th Floor, Global Gate, Nakamura-ku, Aichi Prefecture, Nagoya, JPN, 453-6126
ASNOVA Co Ltd is engaged in the temporary equipment rental business, mainly focused on wedge-type scaffolding, which is used for low- to mid-rise buildings, mainly detached houses, and its main features are its high construction efficiency, transportation efficiency, and storage efficiency.
18GF Score

Get the complete analysis for NGO:9223

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

円396.00
Price