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ChoeiTSE:2993 +0.72%57 EV-to-EBITDA is 18.07 as of Sep. 02, 2026, which is 9% below its 10-year median of 19.91. GuruFocus rates TSE:2993 with a GF Score™ of 57/100 and a GF Value™ of 円2,507.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,377 Real Estate companies, Choei ranks worse than 68.34% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Choei's enterprise value is 円53,262 Mil.
Choei's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,947 Mil. Therefore, Choei's EV-to-EBITDA for today is 18.07.
The historical rank and industry rank for Choei's EV-to-EBITDA or its related term are showing as below:
TSE:2993'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.47 Med: 19.91 Max: 85.16
Current: 18.06
During the past 7 years, the highest EV-to-EBITDA of Choei was 85.16. The lowest was 14.47. And the median was 19.91.
TSE:2993's EV-to-EBITDA is ranked worse than 68.34% of 1377
companies
in the Real Estate industry
Industry Median: 12.22
vs TSE:2993: 18.06
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), Choei's stock price is 円2249.00.
Choei's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円212.460. Therefore, Choei's PE Ratio (TTM) for today is 10.59.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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.
Choei's share price for today is 円2249.00.
Choei'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212.460.
* 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 Choei'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.
TSE:2993 vs CBRE, BEKE, JLL: EV-to-EBITDA Comparison
For the Real Estate Services subindustry, Choei'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.
Choei EV-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Choei's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Choei's EV-to-EBITDA falls into.
Choei's current Enterprise Value is 円53,262 Mil.
Choei'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2,947 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.
Choei (TSE:2993) has a EV-to-EBITDA of 18.07 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 Choei. This is near median its historical median of 19.91. Over the past decade, Choei's EV-to-EBITDA has ranged from 14.47 to 85.16. According to the industry distribution chart, Choei ranks #941 out of 1377 companies in the Real Estate industry, placing it in the top 68.3%.
Is Choei's EV-to-EBITDA too high?
Choei's current EV-to-EBITDA of 18.07 is near median its 10-year median of 19.91. Over the past 10 years, this metric has ranged from a low of 14.47 to a high of 85.16. The Real Estate industry median EV-to-EBITDA is 12.22. Choei's value of 18.07 is 47.9% above this industry median. Based on the distribution chart, Choei ranks #941 out of 1377 companies in the Real Estate industry, which is below the industry midpoint. Overall, Choei has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choei's EV-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Choei ranks #941 out of 1377 companies for EV-to-EBITDA. This places Choei in the lower half of its industry. The industry median EV-to-EBITDA is 12.22. Choei's value of 18.07 is 47.9% above this benchmark. Historically, Choei's own EV-to-EBITDA has ranged from 14.47 to 85.16 over the past decade. While the company's 10-year median is 19.91 vs. the industry median of 12.22, Choei has consistently been above 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 12.22, 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. Choei's current EV-to-EBITDA of 18.07 is 47.9% 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 Choei. For the Real Estate industry, the median EV-to-EBITDA is 12.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choei's current EV-to-EBITDA is 18.07, which is near median its own 10-year median of 19.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choei stock overvalued right now?
Based on GuruFocus' analysis, Choei (TSE:2993) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,507.79, compared to a current price of 円2,249.00 — trading 10.3% below its estimated fair value. The current EV-to-EBITDA is 18.07, which is near median its 10-year median of 19.91 and 47.9% above the Real Estate industry median of 12.22. Choei's overall GF Score™ is 57/100 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 Choei (TSE:2993), the current EV-to-EBITDA is 18.07 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 Choei (TSE:2993) Overvalued in 2026?
Based on GuruFocus' analysis, Choei stock appears to be undervalued.
The current stock price of 円2,249.00 is trading 10.3% below its estimated GF Value™ of 円2,507.79.
GuruFocus considers Choei to be Modestly Undervalued.
Key valuation signals for TSE:2993:
EV-to-EBITDA: 18.07 (near median its 10-year median of 19.91)
GF Value™: 円2,507.79 vs. price of 円2,249.00 (10.3% below fair value)
Industry Position: 47.9% above the Real Estate median (#941 of 1377)
No single metric tells the full story. See the TSE:2993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choei Inc is engaged in the real estate management and real estate rental businesses. The real estate management business provides necessary services for rental property management, such as building maintenance, renovation work, and rental brokerage (leasing), in addition to tenant management, and the real estate rental business mainly handles the rental of its properties and subleased properties. The company's reportable segments are Property Rental Business, which generates the maximum revenue, and the Property Management Business.
57GF Score
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