Token (TSE:1766) EV-to-EBITDA: 1.67 (As of Sep. 14, 2026) — 165% Above Median

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Charlie Tian
Charlie Tian
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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.

TSE:1766 Token Corp TSE:1766
76 GF Score
Price 円13,490.00
GF Value 円13,812.19
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Token EV-to-EBITDA?

Token TSE:1766 -0.30% 76 EV-to-EBITDA is 1.67 as of Sep. 14, 2026, which is 165% above its 10-year median of 0.63. GuruFocus rates TSE:1766 with a GF Score™ of 76/100 and a GF Value™ of 円13,812.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,377 Real Estate companies, Token ranks better than 93.9% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Token's enterprise value is 円38,888 Mil. Token's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was 円23,270 Mil. Therefore, Token's EV-to-EBITDA for today is 1.67.

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

TSE:1766' s EV-to-EBITDA Range Over the Past 10 Years
Min: -2.48   Med: 0.63   Max: 5.93
Current: 1.67

During the past 13 years, the highest EV-to-EBITDA of Token was 5.93. The lowest was -2.48. And the median was 0.63.

TSE:1766's EV-to-EBITDA is ranked better than
93.9% of 1377 companies
in the Real Estate industry
Industry Median: 12.18 vs TSE:1766: 1.67

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 (2026-09-14), Token's stock price is 円13490.00. Token's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was 円1211.230. Therefore, Token's PE Ratio (TTM) for today is 11.14.

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


Token  (TSE:1766) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13490.00/1211.230
=11.14

Token's share price for today is 円13490.00.
Token's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1211.230.

* 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?


Token EV-to-EBITDA Related Terms


Token EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Token'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.

Token EV-to-EBITDA Chart

Token Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -1.01 1.63 1.75 0.91

Token Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 Premium Member Only Premium Member Only Premium Member Only 2.49 2.29 2.76 0.91 0.00

TSE:1766 vs CBRE, BEKE, JLL: EV-to-EBITDA Comparison

For the Real Estate Services subindustry, Token'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.


Token EV-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Token's EV-to-EBITDA distribution charts can be found below:

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


TSE:1766
76GF Score
Token Corp TSE:1766
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Token EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=38888.276/23270
=1.67

Token's current Enterprise Value is 円38,888 Mil.
Token's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円23,270 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 1.67 mean?
Token (TSE:1766) has a EV-to-EBITDA of 1.67 as of Sep. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Token. This is 165% above median its historical median of 0.63. According to the industry distribution chart, Token ranks #84 out of 1377 companies in the Real Estate industry, placing it in the top 6.1%.
Is Token's EV-to-EBITDA too high?
Token's current EV-to-EBITDA of 1.67 is 165% above median its 10-year median of 0.63. The Real Estate industry median EV-to-EBITDA is 12.18. Token's value of 1.67 is 86.3% below this industry median. Based on the distribution chart, Token ranks #84 out of 1377 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Token has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Token's EV-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Token ranks #84 out of 1377 companies for EV-to-EBITDA. This places Token in the top 6% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 12.18. Token's value of 1.67 is 86.3% below this benchmark. While the company's 10-year median is 0.63 vs. the industry median of 12.18, Token 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 Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.18, based on 1,377 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. Token's current EV-to-EBITDA of 1.67 is 86.3% 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 Token. For the Real Estate industry, the median EV-to-EBITDA is 12.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Token's current EV-to-EBITDA is 1.67, which is 165% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Token stock overvalued right now?
Based on GuruFocus' analysis, Token (TSE:1766) is currently considered Fairly Valued. The stock's GF Value™ is 円13,812.19, compared to a current price of 円13,490.00 — trading 2.3% below its estimated fair value. The current EV-to-EBITDA is 1.67, which is 165% above median its 10-year median of 0.63 and 86.3% below the Real Estate industry median of 12.18. Token's overall GF Score™ is 76/100 with 1 warning sign 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 Token (TSE:1766), the current EV-to-EBITDA is 1.67 as of Sep. 14, 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 Token (TSE:1766) Overvalued in 2026?

Based on GuruFocus' analysis, Token stock appears to be undervalued. The current stock price of 円13,490.00 is trading 2.3% below its estimated GF Value™ of 円13,812.19. GuruFocus considers Token to be Fairly Valued.

Key valuation signals for TSE:1766:

  • EV-to-EBITDA: 1.67 (165% above median its 10-year median of 0.63)
  • GF Value™: 円13,812.19 vs. price of 円13,490.00 (2.3% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 86.3% below the Real Estate median (#84 of 1377)

No single metric tells the full story. See the TSE:1766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Token Business Description

Address Marunouchi Building, 2-1-33 Marunouchi, Naka-ku, Nagoya, JPN, 460-0002
Token Corp is a real estate company focused on construction and leasing of commercial and residential buildings. The company organises itself into three segments: construction, real estate leasing, and other. The construction segment, which generates approximately half of the company's revenue, constructs residential and commercial buildings. The real estate segment, which generates almost half of the company's revenue, leases real estate assets. The company is headquartered in Japan, and derives the majority of revenue domestically.
76GF Score

Get the complete analysis for TSE:1766

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

円13,490.00
Price
円13,812.19
GF Value