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NoteTSE:5243 60 EV-to-EBITDA is 54.16 as of Aug. 24, 2026, which is 33% above its 10-year median of 40.86. GuruFocus rates TSE:5243 with a GF Score™ of 60/100 and a GF Value™ of 円1,088.86 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,967 Software companies, Note ranks worse than 88.21% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Note's enterprise value is 円42,034 Mil.
Note's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was 円776 Mil. Therefore, Note's EV-to-EBITDA for today is 54.16.
The historical rank and industry rank for Note's EV-to-EBITDA or its related term are showing as below:
TSE:5243'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -169.77 Med: 40.86 Max: 353.5
Current: 54.16
During the past 6 years, the highest EV-to-EBITDA of Note was 353.50. The lowest was -169.77. And the median was 40.86.
TSE:5243's EV-to-EBITDA is ranked worse than 88.21% of 1967
companies
in the Software industry
Industry Median: 10.32
vs TSE:5243: 54.16
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 (2026-08-24), Note's stock price is 円2550.00.
Note's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was 円57.990. Therefore, Note's PE Ratio (TTM) for today is 43.97.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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.
Note's share price for today is 円2550.00.
Note'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57.990.
* 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 Note'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:5243 vs QH, SHOP, UBER: EV-to-EBITDA Comparison
For the Software - Application subindustry, Note'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.
Note EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Note's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Note's EV-to-EBITDA falls into.
Note's current Enterprise Value is 円42,034 Mil.
Note'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776 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.
Note (TSE:5243) has a EV-to-EBITDA of 54.16 as of Aug. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Note. This is 33% above median its historical median of 40.86. According to the industry distribution chart, Note ranks #1735 out of 1967 companies in the Software industry, placing it in the top 88.2%.
Is Note's EV-to-EBITDA too high?
Note's current EV-to-EBITDA of 54.16 is 33% above median its 10-year median of 40.86. The Software industry median EV-to-EBITDA is 10.32. Note's value of 54.16 is 424.8% above this industry median. Based on the distribution chart, Note ranks #1735 out of 1967 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Note has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Note's EV-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Note ranks #1735 out of 1967 companies for EV-to-EBITDA. This places Note in the lower half of its industry. The industry median EV-to-EBITDA is 10.32. Note's value of 54.16 is 424.8% above this benchmark. While the company's 10-year median is 40.86 vs. the industry median of 10.32, Note 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 10.32, based on 1,967 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. Note's current EV-to-EBITDA of 54.16 is 424.8% 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 Note. For the Software industry, the median EV-to-EBITDA is 10.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Note's current EV-to-EBITDA is 54.16, which is 33% above median its own 10-year median of 40.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note stock overvalued right now?
Based on GuruFocus' analysis, Note (TSE:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,088.86, compared to a current price of 円2,550.00 — trading 134.2% above its estimated fair value. The current EV-to-EBITDA is 54.16, which is 33% above median its 10-year median of 40.86 and 424.8% above the Software industry median of 10.32. Note's overall GF Score™ is 60/100 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 Note (TSE:5243), the current EV-to-EBITDA is 54.16 as of Aug. 24, 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 Note (TSE:5243) Overvalued in 2026?
Based on GuruFocus' analysis, Note stock appears to be overvalued.
The current stock price of 円2,550.00 is trading 134.2% above its estimated GF Value™ of 円1,088.86.
GuruFocus considers Note to be Significantly Overvalued.
Key valuation signals for TSE:5243:
EV-to-EBITDA: 54.16 (33% above median its 10-year median of 40.86)
GF Value™: 円1,088.86 vs. price of 円2,550.00 (134.2% above fair value)
Industry Position: 424.8% above the Software median (#1735 of 1967)
No single metric tells the full story. See the TSE:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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