Forval (TSE:8275) EV-to-EBITDA: 3.22 (As of Sep. 21, 2026) — 49% Below Median

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TSE:8275 Forval Corp TSE:8275
72 GF Score
Price 円1,003.00
GF Value 円1,470.66
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Forval EV-to-EBITDA?

Forval TSE:8275 -0.59% 72 EV-to-EBITDA is 3.22 as of Sep. 21, 2026, which is 49% below its 10-year median of 6.34. GuruFocus rates TSE:8275 with a GF Score™ of 72/100 and a GF Value™ of 円1,470.66 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,987 Software companies, Forval ranks better than 88.32% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forval's enterprise value is 円18,471 Mil. Forval's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was 円5,728 Mil. Therefore, Forval's EV-to-EBITDA for today is 3.22.

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

TSE:8275' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.08   Med: 6.34   Max: 61.79
Current: 3.24

During the past 13 years, the highest EV-to-EBITDA of Forval was 61.79. The lowest was 3.08. And the median was 6.34.

TSE:8275's EV-to-EBITDA is ranked better than
88.32% of 1987 companies
in the Software industry
Industry Median: 10.27 vs TSE:8275: 3.24

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 (2026-09-21), Forval's stock price is 円1003.00. Forval's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was 円58.592. Therefore, Forval's PE Ratio (TTM) for today is 17.12.

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


Forval  (TSE:8275) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1003.00/58.592
=17.12

Forval's share price for today is 円1003.00.
Forval'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58.592.

* 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?


Forval EV-to-EBITDA Related Terms


Forval EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Forval'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.

Forval EV-to-EBITDA Chart

Forval Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 5.12 5.10 4.98 3.84

Forval 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 4.94 5.04 4.70 3.85 3.45

TSE:8275 vs IBM, ACN, CTSH: EV-to-EBITDA Comparison

For the Information Technology Services subindustry, Forval'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.


Forval EV-to-EBITDA vs Software Industry

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

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


TSE:8275
72GF Score
Forval Corp TSE:8275
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=18470.789/5728.22
=3.22

Forval's current Enterprise Value is 円18,471 Mil.
Forval'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5,728 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 3.22 mean?
Forval (TSE:8275) has a EV-to-EBITDA of 3.22 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forval. This is 49% below median its historical median of 6.34. Over the past decade, Forval's EV-to-EBITDA has ranged from 3.08 to 61.79. According to the industry distribution chart, Forval ranks #232 out of 1987 companies in the Software industry, placing it in the top 11.7%.
Is Forval's EV-to-EBITDA too high?
Forval's current EV-to-EBITDA of 3.22 is 49% below median its 10-year median of 6.34. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 61.79. The Software industry median EV-to-EBITDA is 10.27. Forval's value of 3.22 is 68.6% below this industry median. Based on the distribution chart, Forval ranks #232 out of 1987 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Forval has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval's EV-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Forval ranks #232 out of 1987 companies for EV-to-EBITDA. This places Forval in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.27. Forval's value of 3.22 is 68.6% below this benchmark. Historically, Forval's own EV-to-EBITDA has ranged from 3.08 to 61.79 over the past decade. While the company's 10-year median is 6.34 vs. the industry median of 10.27, Forval 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 10.27, based on 1,987 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. Forval's current EV-to-EBITDA of 3.22 is 68.6% 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 Forval. For the Software industry, the median EV-to-EBITDA is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval's current EV-to-EBITDA is 3.22, which is 49% below median its own 10-year median of 6.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval stock overvalued right now?
Based on GuruFocus' analysis, Forval (TSE:8275) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,470.66, compared to a current price of 円1,003.00 — trading 31.8% below its estimated fair value. The current EV-to-EBITDA is 3.22, which is 49% below median its 10-year median of 6.34 and 68.6% below the Software industry median of 10.27. Forval's overall GF Score™ is 72/100 with 1 warning sign 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 Forval (TSE:8275), the current EV-to-EBITDA is 3.22 as of Sep. 21, 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 Forval (TSE:8275) Overvalued in 2026?

Based on GuruFocus' analysis, Forval stock appears to be undervalued. The current stock price of 円1,003.00 is trading 31.8% below its estimated GF Value™ of 円1,470.66. GuruFocus considers Forval to be Significantly Undervalued.

Key valuation signals for TSE:8275:

  • EV-to-EBITDA: 3.22 (49% below median its 10-year median of 6.34)
  • GF Value™: 円1,470.66 vs. price of 円1,003.00 (31.8% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 68.6% below the Software median (#232 of 1987)

No single metric tells the full story. See the TSE:8275 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval Business Description

Address Aoyama Oval Building, 14th floor, 5-52-2 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001
Forval Corp is engaged in information communication and management consulting businesses. The company provides consulting services for IP integration system, information security, web construction, overseas expansion services, business succession, among others.
72GF Score

Get the complete analysis for TSE:8275

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

円1,003.00
Price
円1,470.66
GF Value