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.
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.
Base FoodTSE:2936 -0.37%53 EV-to-EBITDA is 55.80 as of Sep. 04, 2026. GuruFocus rates TSE:2936 with a GF Score™ of 53/100 and a GF Value™ of 円468.67 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,656 Consumer Packaged Goods companies, Base Food ranks worse than 93.42% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Base Food's enterprise value is 円13,191 Mil.
Base Food's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円236 Mil. Therefore, Base Food's EV-to-EBITDA for today is 55.80.
The historical rank and industry rank for Base Food's EV-to-EBITDA or its related term are showing as below:
TSE:2936'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -455.6 Med: -26.25 Max: 404.88
Current: 55.79
During the past 6 years, the highest EV-to-EBITDA of Base Food was 404.88. The lowest was -455.60. And the median was -26.25.
TSE:2936's EV-to-EBITDA is ranked worse than 93.42% of 1656
companies
in the Consumer Packaged Goods industry
Industry Median: 9.24
vs TSE:2936: 55.79
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.
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.
Base Food's share price for today is 円270.00.
Base Food's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2.540.
* 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 Base Food'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.
For the Packaged Foods subindustry, Base Food'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.
Base Food EV-to-EBITDA vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Base Food's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Base Food's EV-to-EBITDA falls into.
Base Food's current Enterprise Value is 円13,191 Mil.
Base Food's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円236 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.
Base Food (TSE:2936) has a EV-to-EBITDA of 55.80 as of Sep. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Base Food. According to the industry distribution chart, Base Food ranks #1547 out of 1656 companies in the Consumer Packaged Goods industry, placing it in the top 93.4%.
Is Base Food's EV-to-EBITDA too high?
Base Food's current EV-to-EBITDA is 55.80. The Consumer Packaged Goods industry median EV-to-EBITDA is 9.24. Base Food's value of 55.80 is 503.9% above this industry median. Based on the distribution chart, Base Food ranks #1547 out of 1656 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Base Food has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Food's EV-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Base Food ranks #1547 out of 1656 companies for EV-to-EBITDA. This places Base Food in the lower half of its industry. The industry median EV-to-EBITDA is 9.24. Base Food's value of 55.80 is 503.9% above this benchmark. 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 Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 9.24, based on 1,656 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. Base Food's current EV-to-EBITDA of 55.80 is 503.9% 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 Base Food. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 9.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Food's current EV-to-EBITDA is 55.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Food stock overvalued right now?
Based on GuruFocus' analysis, Base Food (TSE:2936) is currently considered Significantly Undervalued. The stock's GF Value™ is 円468.67, compared to a current price of 円270.00 — trading 42.4% below its estimated fair value. The current EV-to-EBITDA is 55.80 and 503.9% above the Consumer Packaged Goods industry median of 9.24. Base Food's overall GF Score™ is 53/100 with 2 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 Base Food (TSE:2936), the current EV-to-EBITDA is 55.80 as of Sep. 04, 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 Base Food (TSE:2936) Overvalued in 2026?
Based on GuruFocus' analysis, Base Food stock appears to be undervalued.
The current stock price of 円270.00 is trading 42.4% below its estimated GF Value™ of 円468.67.
GuruFocus considers Base Food to be Significantly Undervalued.
Key valuation signals for TSE:2936:
EV-to-EBITDA: 55.80
GF Value™: 円468.67 vs. price of 円270.00 (42.4% below fair value)
Industry Position: 503.9% above the Consumer Packaged Goods median (#1547 of 1656)
No single metric tells the full story. See the TSE:2936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Base Food Inc is engaged in the development and sale of complete nutrition food. The company offers base bread, base pasta and base cookies related products.
53GF Score
Get the complete analysis for TSE:2936
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2936 has been successfully added to your 
