Tokuden Co (TSE:3437) EV-to-EBITDA: 3.28 (As of Sep. 02, 2026) — 66% Above Median

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TSE:3437 Tokuden Co Ltd TSE:3437
74 GF Score
Price 円2,716.00
GF Value 円2,772.47
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Tokuden Co EV-to-EBITDA?

Tokuden Co TSE:3437 -1.24% 74 EV-to-EBITDA is 3.28 as of Sep. 02, 2026, which is 66% above its 10-year median of 1.97. GuruFocus rates TSE:3437 with a GF Score™ of 74/100 and a GF Value™ of 円2,772.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,465 Industrial Products companies, Tokuden Co ranks better than 93.39% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tokuden Co's enterprise value is 円3,291 Mil. Tokuden Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,002 Mil. Therefore, Tokuden Co's EV-to-EBITDA for today is 3.28.

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

TSE:3437' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.17   Med: 1.97   Max: 5.3
Current: 3.29

During the past 13 years, the highest EV-to-EBITDA of Tokuden Co was 5.30. The lowest was 0.17. And the median was 1.97.

TSE:3437's EV-to-EBITDA is ranked better than
93.39% of 2465 companies
in the Industrial Products industry
Industry Median: 15.32 vs TSE:3437: 3.29

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), Tokuden Co's stock price is 円2716.00. Tokuden Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円288.931. Therefore, Tokuden Co's PE Ratio (TTM) for today is 9.40.

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


Tokuden Co  (TSE:3437) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2716.00/288.931
=9.40

Tokuden Co's share price for today is 円2716.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokuden Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円288.931.

* 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?


Tokuden Co EV-to-EBITDA Related Terms


Tokuden Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tokuden 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.

Tokuden Co EV-to-EBITDA Chart

Tokuden 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 0.50 2.35 3.79 3.43 4.13

Tokuden 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 3.79 -200.18 3.43 0.00 4.13

TSE:3437 vs GEV, ETN, PH: EV-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Tokuden 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.


Tokuden Co EV-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tokuden Co's EV-to-EBITDA distribution charts can be found below:

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


TSE:3437
74GF Score
Tokuden Co Ltd TSE:3437
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokuden Co EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3290.615/1001.894
=3.28

Tokuden Co's current Enterprise Value is 円3,291 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokuden Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,002 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 3.28 mean?
Tokuden Co (TSE:3437) has a EV-to-EBITDA of 3.28 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 Tokuden Co. This is 66% above median its historical median of 1.97. Over the past decade, Tokuden Co's EV-to-EBITDA has ranged from 0.17 to 5.30. According to the industry distribution chart, Tokuden Co ranks #163 out of 2465 companies in the Industrial Products industry, placing it in the top 6.6%.
Is Tokuden Co's EV-to-EBITDA too high?
Tokuden Co's current EV-to-EBITDA of 3.28 is 66% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 5.30. The Industrial Products industry median EV-to-EBITDA is 15.32. Tokuden Co's value of 3.28 is 78.6% below this industry median. Based on the distribution chart, Tokuden Co ranks #163 out of 2465 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tokuden Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokuden Co's EV-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tokuden Co ranks #163 out of 2465 companies for EV-to-EBITDA. This places Tokuden Co in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 15.32. Tokuden Co's value of 3.28 is 78.6% below this benchmark. Historically, Tokuden Co's own EV-to-EBITDA has ranged from 0.17 to 5.30 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 15.32, Tokuden 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 an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.32, based on 2,465 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. Tokuden Co's current EV-to-EBITDA of 3.28 is 78.6% 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 Tokuden Co. For the Industrial Products industry, the median EV-to-EBITDA is 15.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokuden Co's current EV-to-EBITDA is 3.28, which is 66% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokuden Co stock overvalued right now?
Based on GuruFocus' analysis, Tokuden Co (TSE:3437) is currently considered Fairly Valued. The stock's GF Value™ is 円2,772.47, compared to a current price of 円2,716.00 — trading 2% below its estimated fair value. The current EV-to-EBITDA is 3.28, which is 66% above median its 10-year median of 1.97 and 78.6% below the Industrial Products industry median of 15.32. Tokuden Co's overall GF Score™ is 74/100 with 4 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 Tokuden Co (TSE:3437), the current EV-to-EBITDA is 3.28 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 Tokuden Co (TSE:3437) Overvalued in 2026?

Based on GuruFocus' analysis, Tokuden Co stock appears to be undervalued. The current stock price of 円2,716.00 is trading 2% below its estimated GF Value™ of 円2,772.47. GuruFocus considers Tokuden Co to be Fairly Valued.

Key valuation signals for TSE:3437:

  • EV-to-EBITDA: 3.28 (66% above median its 10-year median of 1.97)
  • GF Value™: 円2,772.47 vs. price of 円2,716.00 (2% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 78.6% below the Industrial Products median (#163 of 2465)

No single metric tells the full story. See the TSE:3437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokuden Co Business Description

Address 899-5 Tsuchiyama, Hiraoka-cho, Hyogo Prefecture, Kakogawa, JPN, 660-0881
Tokuden Co Ltd is engaged in the manufacturing of industrial products like submerged arc welding, wire for TIG welding, wire for MIG welding, fusion type flux, and PTA welding powder material.
74GF Score

Get the complete analysis for TSE:3437

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

円2,716.00
Price
円2,772.47
GF Value