Toei Animation Co Ltd
TSE:4816

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Toei Animation Co Ltd
TSE:4816
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Price: 2 646 JPY -2.51% Market Closed
Market Cap: ¥555.7B

EV/EBITDA

13.6
Current
19%
Cheaper
vs 3-y average of 16.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
13.6
=
Enterprise Value
¥376.3B
/
EBITDA
¥33.1B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
13.6
=
Enterprise Value
¥376.3B
/
EBITDA
¥33.1B

Valuation Scenarios

Toei Animation Co Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (16.9), the stock would be worth ¥3 283.76 (24% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-65%
Maximum Upside
+24%
Average Downside
25%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 13.6 ¥2 646
0%
3-Year Average 16.9 ¥3 283.76
+24%
5-Year Average 4.7 ¥921.06
-65%
Industry Average 10.8 ¥2 094.82
-21%
Country Average 8.7 ¥1 682.51
-36%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥376.3B
/
Jan 2026
¥33.1B
=
13.6
Current
¥376.3B
/
Mar 2026
¥32.5B
=
11.6
Forward
¥376.3B
/
Mar 2027
¥35.5B
=
10.6
Forward
¥376.3B
/
Mar 2028
¥39.3B
=
9.6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
JP
Toei Animation Co Ltd
TSE:4816
540.6B JPY 13.6 21.9
US
Netflix Inc
NASDAQ:NFLX
390.8B USD 12.6 29.2
US
Walt Disney Co
NYSE:DIS
186.9B USD 11.4 15.3
LU
Spotify Technology SA
NYSE:SPOT
106.2B USD 35.4 40.7
US
Warner Bros Discovery Inc
NASDAQ:WBD
66.7B USD 5 91.8
NL
Universal Music Group NV
AEX:UMG
36.5B EUR 15.9 23.8
US
Live Nation Entertainment Inc
NYSE:LYV
36.1B USD 19.5 -654.1
US
TKO Group Holdings Inc
NYSE:TKO
36.1B USD 25.6 157.9
US
Roku Inc
NASDAQ:ROKU
17B USD 221.3 192.8
FR
Bollore SE
PAR:BOL
14.4B EUR -45.6 41.5
US
Warner Music Group Corp
NASDAQ:WMG
15.1B USD 13.4 50.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
JP
Toei Animation Co Ltd
TSE:4816
Average EV/EBITDA: 37.4
13.6
6%
2.3
US
Netflix Inc
NASDAQ:NFLX
12.6
-7%
N/A
US
Walt Disney Co
NYSE:DIS
11.4
11%
1
LU
Spotify Technology SA
NYSE:SPOT
35.4
30%
1.2
US
Warner Bros Discovery Inc
NASDAQ:WBD
5
-23%
N/A
NL
Universal Music Group NV
AEX:UMG
15.9
14%
1.1
US
Live Nation Entertainment Inc
NYSE:LYV
19.5
21%
0.9
US
TKO Group Holdings Inc
NYSE:TKO
25.6
22%
1.2
US
Roku Inc
NASDAQ:ROKU
221.3
147%
1.5
FR
Bollore SE
PAR:BOL
Negative Multiple: -45.6 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
13.4
15%
0.9

Market Distribution

Higher than 75% of companies in Japan
Percentile
75th
Based on 5 051 companies
75th percentile
13.6
Low
0.1 — 6.7
Typical Range
6.7 — 12.2
High
12.2 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 6.7
Median 8.7
70th Percentile 12.2
Max 214 699 781.2

Toei Animation Co Ltd
Glance View

Market Cap
555.7B JPY
Industry
Media

Toei Animation Co., Ltd., founded in 1948 initially as Japan Animated Films, has emerged as a quintessential powerhouse in the global animation industry. Originally beginning its journey in post-war Japan, the company seized the burgeoning demand for visual entertainment, establishing itself by blending traditional Japanese storytelling techniques with new-age animation processes. Over the years, Toei has been synonymous with iconic titles that have left an indelible mark on pop culture worldwide, such as "Dragon Ball," "Sailor Moon," and "One Piece." The company operates by harnessing the creative prowess of its artists and storytellers to produce captivating content that appeals to audiences of all ages, both domestically and internationally. The financial success of Toei Animation is primarily rooted in its multifaceted approach to revenue generation. Beyond producing animated series and films, the company capitalizes on merchandising, licensing deals, and international distribution. Merchandising alone—through branded toys, apparel, and video games—constitutes a significant stream of revenue, expanding the reach of its characters beyond television and cinema screens. Additionally, Toei strategically licenses its content to streaming platforms and networks around the globe, further amplifying its earnings and reinforcing its global brand presence. This diversified business model not only ensures a steady influx of income but also allows Toei to continuously invest in innovation and the cultivation of new creative ventures.

Intrinsic Value
2 339.71 JPY
Overvaluation 12%
Intrinsic Value
Price ¥2 646
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