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Headwaters CoTSE:4011 +12.68%74 EV-to-EBITDA is 48.19 as of Sep. 06, 2026, which is 52% below its 10-year median of 101.41. GuruFocus rates TSE:4011 with a GF Score™ of 74/100 and a GF Value™ of 円5,708.06 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,951 Software companies, Headwaters Co ranks worse than 86.98% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Headwaters Co's enterprise value is 円14,591 Mil.
Headwaters Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was 円303 Mil. Therefore, Headwaters Co's EV-to-EBITDA for today is 48.19.
The historical rank and industry rank for Headwaters Co's EV-to-EBITDA or its related term are showing as below:
TSE:4011'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 23.72 Med: 101.41 Max: 2544.31
Current: 48.19
During the past 8 years, the highest EV-to-EBITDA of Headwaters Co was 2544.31. The lowest was 23.72. And the median was 101.41.
TSE:4011's EV-to-EBITDA is ranked worse than 86.98% of 1951
companies
in the Software industry
Industry Median: 10.42
vs TSE:4011: 48.19
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.
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.
Headwaters Co's PE Ratio (TTM) for today is calculated as:
Headwaters Co's share price for today is 円2603.00.
Headwaters 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22.510.
* 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 Headwaters 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.
TSE:4011 vs CRM, SHOP, UBER: EV-to-EBITDA Comparison
For the Software - Application subindustry, Headwaters 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.
Headwaters Co EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Headwaters Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Headwaters Co's EV-to-EBITDA falls into.
Headwaters Co's current Enterprise Value is 円14,591 Mil.
Headwaters 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303 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.
Headwaters Co (TSE:4011) has a EV-to-EBITDA of 48.19 as of Sep. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Headwaters Co. This is 52% below median its historical median of 101.41. Over the past decade, Headwaters Co's EV-to-EBITDA has ranged from 23.72 to 2,544.31. According to the industry distribution chart, Headwaters Co ranks #1697 out of 1951 companies in the Software industry, placing it in the top 87%.
Is Headwaters Co's EV-to-EBITDA too high?
Headwaters Co's current EV-to-EBITDA of 48.19 is 52% below median its 10-year median of 101.41. Over the past 10 years, this metric has ranged from a low of 23.72 to a high of 2,544.31. The Software industry median EV-to-EBITDA is 10.42. Headwaters Co's value of 48.19 is 362.5% above this industry median. Based on the distribution chart, Headwaters Co ranks #1697 out of 1951 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Headwaters Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Headwaters Co's EV-to-EBITDA compare to CRM and SHOP?
According to the Software industry distribution chart, Headwaters Co ranks #1697 out of 1951 companies for EV-to-EBITDA. This places Headwaters Co in the lower half of its industry. The industry median EV-to-EBITDA is 10.42. Headwaters Co's value of 48.19 is 362.5% above this benchmark. Historically, Headwaters Co's own EV-to-EBITDA has ranged from 23.72 to 2,544.31 over the past decade. While the company's 10-year median is 101.41 vs. the industry median of 10.42, Headwaters Co 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 Software company?
The median EV-to-EBITDA among Software companies is 10.42, based on 1,951 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. Headwaters Co's current EV-to-EBITDA of 48.19 is 362.5% 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 Headwaters Co. For the Software industry, the median EV-to-EBITDA is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headwaters Co's current EV-to-EBITDA is 48.19, which is 52% below median its own 10-year median of 101.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwaters Co stock overvalued right now?
Based on GuruFocus' analysis, Headwaters Co (TSE:4011) is currently considered Possible Value Trap. The stock's GF Value™ is 円5,708.06, compared to a current price of 円2,603.00 — trading 54.4% below its estimated fair value. The current EV-to-EBITDA is 48.19, which is 52% below median its 10-year median of 101.41 and 362.5% above the Software industry median of 10.42. Headwaters Co's overall GF Score™ is 74/100 with 8 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 Headwaters Co (TSE:4011), the current EV-to-EBITDA is 48.19 as of Sep. 06, 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 Headwaters Co (TSE:4011) Overvalued in 2026?
Based on GuruFocus' analysis, Headwaters Co stock appears to be undervalued.
The current stock price of 円2,603.00 is trading 54.4% below its estimated GF Value™ of 円5,708.06.
GuruFocus considers Headwaters Co to be Possible Value Trap.
Key valuation signals for TSE:4011:
EV-to-EBITDA: 48.19 (52% below median its 10-year median of 101.41)
GF Value™: 円5,708.06 vs. price of 円2,603.00 (54.4% below fair value)
Industry Position: 362.5% above the Software median (#1697 of 1951)
No single metric tells the full story. See the TSE:4011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headwaters Co Ltd is engaged in the planning and development of artificial intelligence (AI) applications. It develops AI-related businesses such as AI platform operation, AI application development, robot application development, and cloud service operation. The group has a single segment, the AI solutions business.
74GF Score
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