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Project HoldingsTSE:9246 +1.63%77 EV-to-EBITDA is 13.64 as of Sep. 21, 2026, which is 38% below its 10-year median of 21.88. GuruFocus rates TSE:9246 with a GF Score™ of 77/100 and a GF Value™ of 円1,593.40 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 924 Business Services companies, Project Holdings ranks worse than 80.84% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Project Holdings's enterprise value is 円5,149 Mil.
Project Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was 円378 Mil. Therefore, Project Holdings's EV-to-EBITDA for today is 13.64.
The historical rank and industry rank for Project Holdings's EV-to-EBITDA or its related term are showing as below:
TSE:9246'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -239.83 Med: 21.88 Max: 4130.26
Current: 14.53
During the past 7 years, the highest EV-to-EBITDA of Project Holdings was 4130.26. The lowest was -239.83. And the median was 21.88.
TSE:9246's EV-to-EBITDA is ranked worse than 80.84% of 924
companies
in the Business Services industry
Industry Median: 7.205
vs TSE:9246: 14.53
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.
Project Holdings's PE Ratio (TTM) for today is calculated as:
Project Holdings's share price for today is 円1120.00.
Project Holdings'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25.555.
* 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 Project Holdings'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:9246 vs VRSK, EFX, BAH: EV-to-EBITDA Comparison
For the Consulting Services subindustry, Project Holdings'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.
Project Holdings EV-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Project Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Project Holdings's EV-to-EBITDA falls into.
Project Holdings's current Enterprise Value is 円5,149 Mil.
Project Holdings'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378 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.
Project Holdings (TSE:9246) has a EV-to-EBITDA of 13.64 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 Project Holdings. This is 38% below median its historical median of 21.88. According to the industry distribution chart, Project Holdings ranks #747 out of 924 companies in the Business Services industry, placing it in the top 80.8%.
Is Project Holdings' EV-to-EBITDA too high?
Project Holdings' current EV-to-EBITDA of 13.64 is 38% below median its 10-year median of 21.88. The Business Services industry median EV-to-EBITDA is 7.21. Project Holdings' value of 13.64 is 89.3% above this industry median. Based on the distribution chart, Project Holdings ranks #747 out of 924 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Project Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Project Holdings' EV-to-EBITDA compare to VRSK and EFX?
According to the Business Services industry distribution chart, Project Holdings ranks #747 out of 924 companies for EV-to-EBITDA. This places Project Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 7.21. Project Holdings' value of 13.64 is 89.3% above this benchmark. While the company's 10-year median is 21.88 vs. the industry median of 7.21, Project Holdings 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 Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.21, based on 924 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. Project Holdings's current EV-to-EBITDA of 13.64 is 89.3% 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 Project Holdings. For the Business Services industry, the median EV-to-EBITDA is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Project Holdings's current EV-to-EBITDA is 13.64, which is 38% below median its own 10-year median of 21.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Holdings stock overvalued right now?
Based on GuruFocus' analysis, Project Holdings (TSE:9246) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,593.40, compared to a current price of 円1,120.00 — trading 29.7% below its estimated fair value. The current EV-to-EBITDA is 13.64, which is 38% below median its 10-year median of 21.88 and 89.3% above the Business Services industry median of 7.21. Project Holdings' overall GF Score™ is 77/100 with 2 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 Project Holdings (TSE:9246), the current EV-to-EBITDA is 13.64 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 Project Holdings (TSE:9246) Overvalued in 2026?
Based on GuruFocus' analysis, Project Holdings stock appears to be undervalued.
The current stock price of 円1,120.00 is trading 29.7% below its estimated GF Value™ of 円1,593.40.
GuruFocus considers Project Holdings to be Significantly Undervalued.
Key valuation signals for TSE:9246:
EV-to-EBITDA: 13.64 (38% below median its 10-year median of 21.88)
GF Value™: 円1,593.40 vs. price of 円1,120.00 (29.7% below fair value)
Industry Position: 89.3% above the Business Services median (#747 of 924)
No single metric tells the full story. See the TSE:9246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Project Holdings Inc is engaged in providing consulting services for new business development and the reform of existing businesses through the use of digital technologies. The company plans digital marketing strategies and improves the UI/UX of smartphone applications. Its services include business solutions, marketing solutions, and UI/UX solutions.
77GF Score
Get the complete analysis for TSE:9246
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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