Forval RealStraight (TSE:9423) EV-to-EBITDA: 8.18 (As of Sep. 09, 2026) — 62% Below Median

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TSE:9423 Forval RealStraight Inc TSE:9423
70 GF Score
Price 円105.00
GF Value 円165.55
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Forval RealStraight EV-to-EBITDA?

Forval RealStraight TSE:9423 70 EV-to-EBITDA is 8.18 as of Sep. 09, 2026, which is 62% below its 10-year median of 21.70. GuruFocus rates TSE:9423 with a GF Score™ of 70/100 and a GF Value™ of 円165.55 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,381 Real Estate companies, Forval RealStraight ranks better than 68.21% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forval RealStraight's enterprise value is 円1,759 Mil. Forval RealStraight's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円215 Mil. Therefore, Forval RealStraight's EV-to-EBITDA for today is 8.18.

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

TSE:9423' s EV-to-EBITDA Range Over the Past 10 Years
Min: -136.2   Med: 21.7   Max: 61.99
Current: 8.18

During the past 13 years, the highest EV-to-EBITDA of Forval RealStraight was 61.99. The lowest was -136.20. And the median was 21.70.

TSE:9423's EV-to-EBITDA is ranked better than
68.21% of 1381 companies
in the Real Estate industry
Industry Median: 12.26 vs TSE:9423: 8.18

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), Forval RealStraight's stock price is 円105.00. Forval RealStraight's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円8.290. Therefore, Forval RealStraight's PE Ratio (TTM) for today is 12.67.

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


Forval RealStraight  (TSE:9423) 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 RealStraight's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=105.00/8.290
=12.67

Forval RealStraight's share price for today is 円105.00.
Forval RealStraight's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円8.290.

* 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 RealStraight EV-to-EBITDA Related Terms


Forval RealStraight EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Forval RealStraight'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 RealStraight EV-to-EBITDA Chart

Forval RealStraight 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 33.78 10.46 10.54 13.93 10.39

Forval RealStraight Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 -57.00 60.50 31.57 10.39 0.00

TSE:9423 vs CBRE, BEKE, JLL: EV-to-EBITDA Comparison

For the Real Estate Services subindustry, Forval RealStraight'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 RealStraight EV-to-EBITDA vs Real Estate Industry

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

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


TSE:9423
70GF Score
Forval RealStraight Inc TSE:9423
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval RealStraight EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1759.463/215.122
=8.18

Forval RealStraight's current Enterprise Value is 円1,759 Mil.
Forval RealStraight's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円215 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 8.18 mean?
Forval RealStraight (TSE:9423) has a EV-to-EBITDA of 8.18 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 Forval RealStraight. This is 62% below median its historical median of 21.70. According to the industry distribution chart, Forval RealStraight ranks #439 out of 1381 companies in the Real Estate industry, placing it in the top 31.8%.
Is Forval RealStraight's EV-to-EBITDA too high?
Forval RealStraight's current EV-to-EBITDA of 8.18 is 62% below median its 10-year median of 21.70. The Real Estate industry median EV-to-EBITDA is 12.26. Forval RealStraight's value of 8.18 is 33.3% below this industry median. Based on the distribution chart, Forval RealStraight ranks #439 out of 1381 companies in the Real Estate industry, which is above the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's EV-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #439 out of 1381 companies for EV-to-EBITDA. This puts Forval RealStraight in the upper half of its industry. The industry median EV-to-EBITDA is 12.26. Forval RealStraight's value of 8.18 is 33.3% below this benchmark. While the company's 10-year median is 21.70 vs. the industry median of 12.26, Forval RealStraight 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 Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.26, based on 1,381 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 RealStraight's current EV-to-EBITDA of 8.18 is 33.3% 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 RealStraight. For the Real Estate industry, the median EV-to-EBITDA is 12.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current EV-to-EBITDA is 8.18, which is 62% below median its own 10-year median of 21.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円165.55, compared to a current price of 円105.00 — trading 36.6% below its estimated fair value. The current EV-to-EBITDA is 8.18, which is 62% below median its 10-year median of 21.70 and 33.3% below the Real Estate industry median of 12.26. Forval RealStraight's overall GF Score™ is 70/100 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 Forval RealStraight (TSE:9423), the current EV-to-EBITDA is 8.18 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円105.00 is trading 36.6% below its estimated GF Value™ of 円165.55. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • EV-to-EBITDA: 8.18 (62% below median its 10-year median of 21.70)
  • GF Value™: 円165.55 vs. price of 円105.00 (36.6% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 33.3% below the Real Estate median (#439 of 1381)

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
70GF Score

Get the complete analysis for TSE:9423

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

円105.00
Price
円165.55
GF Value