Okayama Paper Industries Co (TSE:3892) EV-to-EBITDA: 1.76 (As of Sep. 04, 2026) — 935% Above Median

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TSE:3892 Okayama Paper Industries Co Ltd TSE:3892
75 GF Score
Price 円1,605.00
GF Value 円1,427.20
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Okayama Paper Industries Co EV-to-EBITDA?

Okayama Paper Industries Co TSE:3892 +0.31% 75 EV-to-EBITDA is 1.76 as of Sep. 04, 2026, which is 935% above its 10-year median of 0.17. GuruFocus rates TSE:3892 with a GF Score™ of 75/100 and a GF Value™ of 円1,427.20 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 218 Forest Products companies, Okayama Paper Industries Co ranks better than 94.5% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Okayama Paper Industries Co's enterprise value is 円2,210 Mil. Okayama Paper Industries Co's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was 円1,253 Mil. Therefore, Okayama Paper Industries Co's EV-to-EBITDA for today is 1.76.

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

TSE:3892' s EV-to-EBITDA Range Over the Past 10 Years
Min: -13.67   Med: 0.17   Max: 37.18
Current: 1.77

During the past 13 years, the highest EV-to-EBITDA of Okayama Paper Industries Co was 37.18. The lowest was -13.67. And the median was 0.17.

TSE:3892's EV-to-EBITDA is ranked better than
94.5% of 218 companies
in the Forest Products industry
Industry Median: 9.01 vs TSE:3892: 1.77

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 (2026-09-04), Okayama Paper Industries Co's stock price is 円1605.00. Okayama Paper Industries Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was 円177.000. Therefore, Okayama Paper Industries Co's PE Ratio (TTM) for today is 9.07.

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


Okayama Paper Industries Co  (TSE:3892) 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.

Okayama Paper Industries Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1605.00/177.000
=9.07

Okayama Paper Industries Co's share price for today is 円1605.00.
Okayama Paper Industries Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円177.000.

* 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?


Okayama Paper Industries Co EV-to-EBITDA Related Terms


Okayama Paper Industries Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Okayama Paper Industries 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.

Okayama Paper Industries Co EV-to-EBITDA Chart

Okayama Paper Industries Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.79 -0.82 -0.04 1.72 2.63

Okayama Paper Industries Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 1.72 11.61 4.33 6.46 2.63

Okayama Paper Industries Co EV-to-EBITDA Competitor Comparison

For the Paper & Paper Products subindustry, Okayama Paper Industries 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.


Okayama Paper Industries Co EV-to-EBITDA vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Okayama Paper Industries Co's EV-to-EBITDA distribution charts can be found below:

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


TSE:3892
75GF Score
Okayama Paper Industries Co Ltd TSE:3892
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okayama Paper Industries Co EV-to-EBITDA Calculation

Okayama Paper Industries Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2210.385/1253.4
=1.76

Okayama Paper Industries Co's current Enterprise Value is 円2,210 Mil.
Okayama Paper Industries Co's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,253 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 1.76 mean?
Okayama Paper Industries Co (TSE:3892) has a EV-to-EBITDA of 1.76 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 Okayama Paper Industries Co. This is 935% above median its historical median of 0.17. According to the industry distribution chart, Okayama Paper Industries Co ranks #12 out of 218 companies in the Forest Products industry, placing it in the top 5.5%.
Is Okayama Paper Industries Co's EV-to-EBITDA too high?
Okayama Paper Industries Co's current EV-to-EBITDA of 1.76 is 935% above median its 10-year median of 0.17. The Forest Products industry median EV-to-EBITDA is 9.01. Okayama Paper Industries Co's value of 1.76 is 80.5% below this industry median. Based on the distribution chart, Okayama Paper Industries Co ranks #12 out of 218 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Okayama Paper Industries Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's EV-to-EBITDA compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #12 out of 218 companies for EV-to-EBITDA. This places Okayama Paper Industries Co in the top 6% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.01. Okayama Paper Industries Co's value of 1.76 is 80.5% below this benchmark. While the company's 10-year median is 0.17 vs. the industry median of 9.01, Okayama Paper Industries 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 a Forest Products company?
The median EV-to-EBITDA among Forest Products companies is 9.01, based on 218 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. Okayama Paper Industries Co's current EV-to-EBITDA of 1.76 is 80.5% 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 Okayama Paper Industries Co. For the Forest Products industry, the median EV-to-EBITDA is 9.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current EV-to-EBITDA is 1.76, which is 935% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,427.20, compared to a current price of 円1,605.00 — trading 12.5% above its estimated fair value. The current EV-to-EBITDA is 1.76, which is 935% above median its 10-year median of 0.17 and 80.5% below the Forest Products industry median of 9.01. Okayama Paper Industries Co's overall GF Score™ is 75/100 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 Okayama Paper Industries Co (TSE:3892), the current EV-to-EBITDA is 1.76 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?

Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued. The current stock price of 円1,605.00 is trading 12.5% above its estimated GF Value™ of 円1,427.20. GuruFocus considers Okayama Paper Industries Co to be Modestly Overvalued.

Key valuation signals for TSE:3892:

  • EV-to-EBITDA: 1.76 (935% above median its 10-year median of 0.17)
  • GF Value™: 円1,427.20 vs. price of 円1,605.00 (12.5% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 80.5% below the Forest Products median (#12 of 218)

No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okayama Paper Industries Co Business Description

Address No. 4 No. 34, Minami-ku, Hamano 1-chome, Okayama, JPN, 700-0845
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
75GF Score

Get the complete analysis for TSE:3892

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

円1,605.00
Price
円1,427.20
GF Value