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.
Hikari Business Form CoTSE:3948 -0.08%55 EV-to-EBITDA is 4.23 as of Sep. 04, 2026, which is 204% above its 10-year median of 1.39. GuruFocus rates TSE:3948 with a GF Score™ of 55/100 and a GF Value™ of 円805.55 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 909 Business Services companies, Hikari Business Form Co ranks better than 78.11% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hikari Business Form Co's enterprise value is 円3,354 Mil.
Hikari Business Form Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was 円793 Mil. Therefore, Hikari Business Form Co's EV-to-EBITDA for today is 4.23.
The historical rank and industry rank for Hikari Business Form Co's EV-to-EBITDA or its related term are showing as below:
TSE:3948'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -234.89 Med: 1.39 Max: 34.83
Current: 4.23
During the past 13 years, the highest EV-to-EBITDA of Hikari Business Form Co was 34.83. The lowest was -234.89. And the median was 1.39.
TSE:3948's EV-to-EBITDA is ranked better than 78.11% of 909
companies
in the Business Services industry
Industry Median: 7.55
vs TSE:3948: 4.23
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.
Hikari Business Form Co (TSE:3948) 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.
Hikari Business Form Co's PE Ratio (TTM) for today is calculated as:
Hikari Business Form Co's share price for today is 円1179.00.
Hikari Business Form Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円27.730.
* 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).
* 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:3948 vs CTAS, CPRT, GPN: EV-to-EBITDA Comparison
For the Specialty Business Services subindustry, Hikari Business Form 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.
Hikari Business Form Co EV-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Hikari Business Form Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hikari Business Form Co's EV-to-EBITDA falls into.
Hikari Business Form Co's current Enterprise Value is 円3,354 Mil.
Hikari Business Form Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円793 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.
Hikari Business Form Co (TSE:3948) has a EV-to-EBITDA of 4.23 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 Hikari Business Form Co. This is 204% above median its historical median of 1.39. According to the industry distribution chart, Hikari Business Form Co ranks #199 out of 909 companies in the Business Services industry, placing it in the top 21.9%.
Is Hikari Business Form Co's EV-to-EBITDA too high?
Hikari Business Form Co's current EV-to-EBITDA of 4.23 is 204% above median its 10-year median of 1.39. The Business Services industry median EV-to-EBITDA is 7.55. Hikari Business Form Co's value of 4.23 is 44% below this industry median. Based on the distribution chart, Hikari Business Form Co ranks #199 out of 909 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Hikari Business Form Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hikari Business Form Co's EV-to-EBITDA compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hikari Business Form Co ranks #199 out of 909 companies for EV-to-EBITDA. This places Hikari Business Form Co in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 7.55. Hikari Business Form Co's value of 4.23 is 44% below this benchmark. While the company's 10-year median is 1.39 vs. the industry median of 7.55, Hikari Business Form 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 Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.55, based on 909 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. Hikari Business Form Co's current EV-to-EBITDA of 4.23 is 44% 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 Hikari Business Form Co. For the Business Services industry, the median EV-to-EBITDA is 7.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hikari Business Form Co's current EV-to-EBITDA is 4.23, which is 204% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Business Form Co stock overvalued right now?
Based on GuruFocus' analysis, Hikari Business Form Co (TSE:3948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円805.55, compared to a current price of 円1,179.00 — trading 46.4% above its estimated fair value. The current EV-to-EBITDA is 4.23, which is 204% above median its 10-year median of 1.39 and 44% below the Business Services industry median of 7.55. Hikari Business Form Co's overall GF Score™ is 55/100 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 Hikari Business Form Co (TSE:3948), the current EV-to-EBITDA is 4.23 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 Hikari Business Form Co (TSE:3948) Overvalued in 2026?
Based on GuruFocus' analysis, Hikari Business Form Co stock appears to be overvalued.
The current stock price of 円1,179.00 is trading 46.4% above its estimated GF Value™ of 円805.55.
GuruFocus considers Hikari Business Form Co to be Significantly Overvalued.
Key valuation signals for TSE:3948:
EV-to-EBITDA: 4.23 (204% above median its 10-year median of 1.39)
GF Value™: 円805.55 vs. price of 円1,179.00 (46.4% above fair value)
Industry Position: 44% below the Business Services median (#199 of 909)
No single metric tells the full story. See the TSE:3948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hikari Business Form Co Ltd is engaged in providing printing services. The services offered by the company are commercial printing, business process outsourcing, post process, web solution, DPP, and others.
55GF Score
Get the complete analysis for TSE:3948
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:3948 has been successfully added to your 
