Base Co (TSE:4481) EV-to-EBITDA: 8.70 (As of Sep. 09, 2026) — 40% Below Median

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TSE:4481 Base Co Ltd TSE:4481
95 GF Score
Price 円3,250.00
GF Value 円3,620.31
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Base Co EV-to-EBITDA?

Base Co TSE:4481 -1.66% 95 EV-to-EBITDA is 8.70 as of Sep. 09, 2026, which is 40% below its 10-year median of 14.55. GuruFocus rates TSE:4481 with a GF Score™ of 95/100 and a GF Value™ of 円3,620.31 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,951 Software companies, Base Co ranks better than 58.43% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Base Co's enterprise value is 円48,756 Mil. Base Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was 円5,604 Mil. Therefore, Base Co's EV-to-EBITDA for today is 8.70.

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

TSE:4481' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.24   Med: 14.55   Max: 80.23
Current: 8.69

During the past 9 years, the highest EV-to-EBITDA of Base Co was 80.23. The lowest was 7.24. And the median was 14.55.

TSE:4481's EV-to-EBITDA is ranked better than
58.43% of 1951 companies
in the Software industry
Industry Median: 10.35 vs TSE:4481: 8.69

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 (2026-09-09), Base Co's stock price is 円3250.00. Base Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was 円221.530. Therefore, Base Co's PE Ratio (TTM) for today is 14.67.

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


Base Co  (TSE:4481) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3250.00/221.530
=14.67

Base Co's share price for today is 円3250.00.
Base 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221.530.

* 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?


Base Co EV-to-EBITDA Related Terms


Base Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Base 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.

Base Co EV-to-EBITDA Chart

Base Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 10.23 13.51 12.51 7.96 7.82

Base Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.94 9.30 7.82 8.27 7.09

TSE:4481 vs CRM, SHOP, UBER: EV-to-EBITDA Comparison

For the Software - Application subindustry, Base 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.


Base Co EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Base Co's EV-to-EBITDA distribution charts can be found below:

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


TSE:4481
95GF Score
Base Co Ltd TSE:4481
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Base Co EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=48756.393/5603.604
=8.70

Base Co's current Enterprise Value is 円48,756 Mil.
Base 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5,604 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 8.70 mean?
Base Co (TSE:4481) has a EV-to-EBITDA of 8.70 as of Sep. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Base Co. This is 40% below median its historical median of 14.55. Over the past decade, Base Co's EV-to-EBITDA has ranged from 7.24 to 80.23. According to the industry distribution chart, Base Co ranks #811 out of 1951 companies in the Software industry, placing it in the top 41.6%.
Is Base Co's EV-to-EBITDA too high?
Base Co's current EV-to-EBITDA of 8.70 is 40% below median its 10-year median of 14.55. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 80.23. The Software industry median EV-to-EBITDA is 10.35. Base Co's value of 8.70 is 15.9% below this industry median. Based on the distribution chart, Base Co ranks #811 out of 1951 companies in the Software industry, which is above the industry midpoint. Overall, Base Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Co's EV-to-EBITDA compare to CRM and SHOP?
According to the Software industry distribution chart, Base Co ranks #811 out of 1951 companies for EV-to-EBITDA. This puts Base Co in the upper half of its industry. The industry median EV-to-EBITDA is 10.35. Base Co's value of 8.70 is 15.9% below this benchmark. Historically, Base Co's own EV-to-EBITDA has ranged from 7.24 to 80.23 over the past decade. While the company's 10-year median is 14.55 vs. the industry median of 10.35, Base 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 Software company?
The median EV-to-EBITDA among Software companies is 10.35, 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. Base Co's current EV-to-EBITDA of 8.70 is 15.9% 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 Base Co. For the Software industry, the median EV-to-EBITDA is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Co's current EV-to-EBITDA is 8.70, which is 40% below median its own 10-year median of 14.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Co stock overvalued right now?
Based on GuruFocus' analysis, Base Co (TSE:4481) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,620.31, compared to a current price of 円3,250.00 — trading 10.2% below its estimated fair value. The current EV-to-EBITDA is 8.70, which is 40% below median its 10-year median of 14.55 and 15.9% below the Software industry median of 10.35. Base Co's overall GF Score™ is 95/100 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 Base Co (TSE:4481), the current EV-to-EBITDA is 8.70 as of Sep. 09, 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 Base Co (TSE:4481) Overvalued in 2026?

Based on GuruFocus' analysis, Base Co stock appears to be undervalued. The current stock price of 円3,250.00 is trading 10.2% below its estimated GF Value™ of 円3,620.31. GuruFocus considers Base Co to be Modestly Undervalued.

Key valuation signals for TSE:4481:

  • EV-to-EBITDA: 8.70 (40% below median its 10-year median of 14.55)
  • GF Value™: 円3,620.31 vs. price of 円3,250.00 (10.2% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 15.9% below the Software median (#811 of 1951)

No single metric tells the full story. See the TSE:4481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Base Co Business Description

Address 4-14-1 Sotokanda, Akihabara UDX 8th Floor, Chiyoda-ku, Tokyo, JPN, 101-0021
Base Co Ltd is engaged in providing computer software development and related activities. The company's activities include System development, System operation and maintenance, SAP implementation and maintenance support, e-KYC / Online identity verification service, BPO support using ICT, among others.
95GF Score

Get the complete analysis for TSE:4481

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

円3,250.00
Price
円3,620.31
GF Value