ZEAL Associate (TSE:329A) EV-to-EBITDA: 3.00 (As of Sep. 15, 2026) — 48% Below Median

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TSE:329A ZEAL Associate Corp TSE:329A
16 GF Score
Price 円211.60
! 3 Warning Signs
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What is ZEAL Associate EV-to-EBITDA?

ZEAL Associate TSE:329A 16 EV-to-EBITDA is 3.00 as of Sep. 15, 2026, which is 48% below its 10-year median of 5.82. GuruFocus rates TSE:329A with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, ZEAL Associate's enterprise value is 円418 Mil. ZEAL Associate's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円139 Mil. Therefore, ZEAL Associate's EV-to-EBITDA for today is 3.00.

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

TSE:329A' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3   Med: 5.82   Max: 5.82
Current: 3

During the past 3 years, the highest EV-to-EBITDA of ZEAL Associate was 5.82. The lowest was 3.00. And the median was 5.82.

TSE:329A's EV-to-EBITDA is not ranked
in the Conglomerates industry.
Industry Median: 8.57 vs TSE:329A: 3.00

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 (2026-09-15), ZEAL Associate's stock price is 円211.60. ZEAL Associate's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円25.255. Therefore, ZEAL Associate's PE Ratio (TTM) for today is 8.38.

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


ZEAL Associate  (TSE:329A) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=211.60/25.255
=8.38

ZEAL Associate's share price for today is 円211.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ZEAL Associate's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円25.255.

* 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?


ZEAL Associate EV-to-EBITDA Related Terms


ZEAL Associate EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ZEAL Associate'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.

ZEAL Associate EV-to-EBITDA Chart

ZEAL Associate Annual Data
Trend Aug23 Aug24 Aug25
EV-to-EBITDA
0.00 0.00 5.82

ZEAL Associate Semi-Annual Data
Aug23 Aug24 Feb25 Aug25 Feb26
EV-to-EBITDA 0.00 0.00 0.00 5.82 0.00

TSE:329A vs HON, MMM: EV-to-EBITDA Comparison

For the Conglomerates subindustry, ZEAL Associate'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.


ZEAL Associate EV-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, ZEAL Associate's EV-to-EBITDA distribution charts can be found below:

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


TSE:329A
16GF Score
ZEAL Associate Corp TSE:329A
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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ZEAL Associate EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=418.082/139.28
=3.00

ZEAL Associate's current Enterprise Value is 円418 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ZEAL Associate's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円139 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 3.00 mean?
ZEAL Associate (TSE:329A) has a EV-to-EBITDA of 3.00 as of Sep. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ZEAL Associate. This is 48% below median its historical median of 5.82. Over the past decade, ZEAL Associate's EV-to-EBITDA has ranged from 3.00 to 5.82.
Is ZEAL Associate's EV-to-EBITDA too high?
ZEAL Associate's current EV-to-EBITDA of 3.00 is 48% below median its 10-year median of 5.82. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.82. The Conglomerates industry median EV-to-EBITDA is 8.57. ZEAL Associate's value of 3.00 is 65% below this industry median. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's EV-to-EBITDA compare to HON and MMM?
ZEAL Associate's EV-to-EBITDA of 3.00 can be compared against companies in the Conglomerates industry. The industry median EV-to-EBITDA is 8.57. ZEAL Associate's value of 3.00 is 65% below this benchmark. Historically, ZEAL Associate's own EV-to-EBITDA has ranged from 3.00 to 5.82 over the past decade. While the company's 10-year median is 5.82 vs. the industry median of 8.57, ZEAL Associate 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 Conglomerates company?
The median EV-to-EBITDA among Conglomerates companies is 8.57, based on 462 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. ZEAL Associate's current EV-to-EBITDA of 3.00 is 65% 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 ZEAL Associate. For the Conglomerates industry, the median EV-to-EBITDA is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current EV-to-EBITDA is 3.00, which is 48% below median its own 10-year median of 5.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current EV-to-EBITDA of 3.00. The current EV-to-EBITDA is 3.00, which is 48% below median its 10-year median of 5.82 and 65% below the Conglomerates industry median of 8.57. ZEAL Associate's overall GF Score™ is 16/100 with 3 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 ZEAL Associate (TSE:329A), the current EV-to-EBITDA is 3.00 as of Sep. 15, 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.

ZEAL Associate Business Description

Address 1-19-7 Ginza, JRE Ginza 1chome East Building 8th Floor, Chuo-ku, Tokyo, JPN, 104-0061
ZEAL Associate Corp is engaged in design business focusing on event management and space creation, Entertainment Space, Interior Space etc.
16GF Score

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

円211.60
Price