UNITED (TSE:2497) EV-to-EBITDA: -22.50 (As of Sep. 02, 2026)

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:2497 UNITED Inc TSE:2497
70 GF Score
Price 円540.00
GF Value 円533.94
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is UNITED EV-to-EBITDA?

UNITED TSE:2497 -0.37% 70 EV-to-EBITDA is -22.50 as of Sep. 02, 2026. GuruFocus rates TSE:2497 with a GF Score™ of 70/100 and a GF Value™ of 円533.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,955 Software companies, UNITED ranks worse than 51150.84% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, UNITED's enterprise value is 円6,971 Mil. UNITED's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円-310 Mil. Therefore, UNITED's EV-to-EBITDA for today is -22.50.

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

TSE:2497' s EV-to-EBITDA Range Over the Past 10 Years
Min: -22.74   Med: 0.44   Max: 69.3
Current: -22.5

During the past 13 years, the highest EV-to-EBITDA of UNITED was 69.30. The lowest was -22.74. And the median was 0.44.

TSE:2497's EV-to-EBITDA is ranked worse than
100% of 1955 companies
in the Software industry
Industry Median: 10.52 vs TSE:2497: -22.50

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), UNITED's stock price is 円540.00. UNITED's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円-25.330. Therefore, UNITED'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).


UNITED  (TSE:2497) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=540.00/-25.330
=At Loss

UNITED's share price for today is 円540.00.
UNITED'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-25.330.

* 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?


UNITED EV-to-EBITDA Related Terms


UNITED EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for UNITED'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.

UNITED EV-to-EBITDA Chart

UNITED 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 1.14 0.10 3.33 3.37 -4.51

UNITED Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 Premium Member Only Premium Member Only Premium Member Only -9.72 -10.88 -3.40 -4.51 0.00

TSE:2497 vs CRM, SHOP, UBER: EV-to-EBITDA Comparison

For the Software - Application subindustry, UNITED'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.


UNITED EV-to-EBITDA vs Software Industry

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

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


TSE:2497
70GF Score
UNITED Inc TSE:2497
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UNITED EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6970.571/-309.855
=-22.50

UNITED's current Enterprise Value is 円6,971 Mil.
UNITED'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-310 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 -22.50 mean?
UNITED (TSE:2497) has a EV-to-EBITDA of -22.50 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 UNITED. According to the industry distribution chart, UNITED ranks #999999 out of 1955 companies in the Software industry.
Is UNITED's EV-to-EBITDA too high?
UNITED's current EV-to-EBITDA is -22.50. Based on the distribution chart, UNITED ranks #999999 out of 1955 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, UNITED has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UNITED's EV-to-EBITDA compare to CRM and SHOP?
According to the Software industry distribution chart, UNITED ranks #999999 out of 1955 companies for EV-to-EBITDA. This places UNITED in the lower half of its industry. The industry median EV-to-EBITDA is 10.52. 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 10.52, based on 1,955 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. 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 UNITED. For the Software industry, the median EV-to-EBITDA is 10.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UNITED's current EV-to-EBITDA is -22.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UNITED stock overvalued right now?
Based on GuruFocus' analysis, UNITED (TSE:2497) is currently considered Fairly Valued. The stock's GF Value™ is 円533.94, compared to a current price of 円540.00 — trading 1.1% above its estimated fair value. The current EV-to-EBITDA is -22.50. UNITED's overall GF Score™ is 70/100 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 UNITED (TSE:2497), the current EV-to-EBITDA is -22.50 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 UNITED (TSE:2497) Overvalued in 2026?

Based on GuruFocus' analysis, UNITED stock appears to be overvalued. The current stock price of 円540.00 is trading 1.1% above its estimated GF Value™ of 円533.94. GuruFocus considers UNITED to be Fairly Valued.

Key valuation signals for TSE:2497:

  • EV-to-EBITDA: -22.50
  • GF Value™: 円533.94 vs. price of 円540.00 (1.1% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TSE:2497 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UNITED Business Description

Address MFPR Shibuya Bldg 10F, 1-2-5 Shibuya, Shibuyaku, Tokyo, JPN, 150-0002
UNITED Inc is a Japan-based company, engages in advertising technology and smartphone applications business. It offers various smartphone applications, including CocoPPa, CocoPPa Play, CocoPPa Launcher, CHEERZ, and Crash Fever; and Kanahei Apps.
70GF Score

Get the complete analysis for TSE:2497

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

円540.00
Price
円533.94
GF Value