Quest Co (TSE:2332) EV-to-EBITDA: 4.22 (As of Sep. 02, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:2332 Quest Co Ltd TSE:2332
66 GF Score
Price 円1,694.00
GF Value 円1,736.55
Valuation Fairly Valued
View Full Analysis

What is Quest Co EV-to-EBITDA?

Quest Co TSE:2332 -0.59% 66 EV-to-EBITDA is 4.22 as of Sep. 02, 2026, which is 4% below its 10-year median of 4.40. GuruFocus rates TSE:2332 with a GF Score™ of 66/100 and a GF Value™ of 円1,736.55 (Fairly Valued). Among 1,954 Software companies, Quest Co ranks better than 84.03% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Quest Co's enterprise value is 円5,638 Mil. Quest Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,336 Mil. Therefore, Quest Co's EV-to-EBITDA for today is 4.22.

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

TSE:2332' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.41   Med: 4.4   Max: 33.4
Current: 4.21

During the past 13 years, the highest EV-to-EBITDA of Quest Co was 33.40. The lowest was 2.41. And the median was 4.40.

TSE:2332's EV-to-EBITDA is ranked better than
84.03% of 1954 companies
in the Software industry
Industry Median: 10.51 vs TSE:2332: 4.21

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 (2026-09-02), Quest Co's stock price is 円1694.00. Quest Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円152.370. Therefore, Quest Co's PE Ratio (TTM) for today is 11.12.

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


Quest Co  (TSE:2332) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1694.00/152.370
=11.12

Quest Co's share price for today is 円1694.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Quest Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円152.370.

* 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?


Quest Co EV-to-EBITDA Related Terms


Quest Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Quest 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.

Quest Co EV-to-EBITDA Chart

Quest Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.73 3.04 2.97 3.36

Quest Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.04 7.06 2.97 0.00 3.36

TSE:2332 vs IBM, ACN, CTSH: EV-to-EBITDA Comparison

For the Information Technology Services subindustry, Quest 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.


Quest Co EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Quest Co's EV-to-EBITDA distribution charts can be found below:

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


TSE:2332
66GF Score
Quest Co Ltd TSE:2332
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quest Co EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5637.620/1336.223
=4.22

Quest Co's current Enterprise Value is 円5,638 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Quest Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,336 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 4.22 mean?
Quest Co (TSE:2332) has a EV-to-EBITDA of 4.22 as of Sep. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Quest Co. This is near median its historical median of 4.40. Over the past decade, Quest Co's EV-to-EBITDA has ranged from 2.41 to 33.40. According to the industry distribution chart, Quest Co ranks #312 out of 1954 companies in the Software industry, placing it in the top 16%.
Is Quest Co's EV-to-EBITDA too high?
Quest Co's current EV-to-EBITDA of 4.22 is near median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 33.40. The Software industry median EV-to-EBITDA is 10.51. Quest Co's value of 4.22 is 59.8% below this industry median. Based on the distribution chart, Quest Co ranks #312 out of 1954 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Quest Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quest Co's EV-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Quest Co ranks #312 out of 1954 companies for EV-to-EBITDA. This places Quest Co in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.51. Quest Co's value of 4.22 is 59.8% below this benchmark. Historically, Quest Co's own EV-to-EBITDA has ranged from 2.41 to 33.40 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 10.51, Quest 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 Software company?
The median EV-to-EBITDA among Software companies is 10.51, based on 1,954 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. Quest Co's current EV-to-EBITDA of 4.22 is 59.8% 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 Quest Co. For the Software industry, the median EV-to-EBITDA is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quest Co's current EV-to-EBITDA is 4.22, which is near median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Co stock overvalued right now?
Based on GuruFocus' analysis, Quest Co (TSE:2332) is currently considered Fairly Valued. The stock's GF Value™ is 円1,736.55, compared to a current price of 円1,694.00 — trading 2.5% below its estimated fair value. The current EV-to-EBITDA is 4.22, which is near median its 10-year median of 4.40 and 59.8% below the Software industry median of 10.51. Quest Co's overall GF Score™ is 66/100. 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 Quest Co (TSE:2332), the current EV-to-EBITDA is 4.22 as of Sep. 02, 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 Quest Co (TSE:2332) Overvalued in 2026?

Based on GuruFocus' analysis, Quest Co stock appears to be undervalued. The current stock price of 円1,694.00 is trading 2.5% below its estimated GF Value™ of 円1,736.55. GuruFocus considers Quest Co to be Fairly Valued.

Key valuation signals for TSE:2332:

  • EV-to-EBITDA: 4.22 (near median its 10-year median of 4.40)
  • GF Value™: 円1,736.55 vs. price of 円1,694.00 (2.5% below fair value)
  • GF Score™: 66/100
  • Industry Position: 59.8% below the Software median (#312 of 1954)

No single metric tells the full story. See the TSE:2332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quest Co Business Description

Address 3-1-1 Shibaura, Minato-ku, Tokyo msb Tamachi Tamachi Station Tower N, 14th Floor, Tokyo, JPN, 108-0023
Quest Co Ltd is engaged in information services business. Its segments includes System Development business and Maintenance; and Infrastructure Services business. System Development business is involved in the provision of software development services, including the consulting, design, development and maintenance of systems. Infrastructure Services business is engaged in the provision of support services for infrastructure operation, including infrastructure building, technological services, system operations, supervision, helpdesk, and field support.
66GF Score

Get the complete analysis for TSE:2332

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

円1,694.00
Price
円1,736.55
GF Value