Meitec Corp
TSE:9744
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EV/EBITDA
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.
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.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (9.7), the stock would be worth ¥3 068.19 (3% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 10 | ¥3 175 |
0%
|
| 3-Year Average | 9.7 | ¥3 068.19 |
-3%
|
| 5-Year Average | 9.7 | ¥3 068.19 |
-3%
|
| Industry Average | 8.6 | ¥2 725.13 |
-14%
|
| Country Average | 8.7 | ¥2 747.72 |
-13%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
¥216B
|
/ |
Jan 2026
¥20.1B
|
= |
|
|
¥216B
|
/ |
Mar 2026
¥20.8B
|
= |
|
|
¥216B
|
/ |
Mar 2027
¥21.3B
|
= |
|
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¥216B
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/ |
Mar 2028
¥21.5B
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= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| JP |
|
Meitec Corp
TSE:9744
|
245.1B JPY | 10 | 17.4 | |
| JP |
|
Recruit Holdings Co Ltd
TSE:6098
|
10.6T JPY | 15.5 | 25.6 | |
| NL |
R
|
Randstad NV
AEX:RAND
|
4.5B EUR | 6.5 | 15.3 | |
| US |
R
|
Robert Half Inc
SWB:RHJ
|
4.2B EUR | 34.9 | 37.2 | |
| CN |
5
|
51job Inc
F:IWQ
|
3.9B EUR | 39.1 | 49 | |
| CH |
A
|
Adecco Group AG
SIX:ADEN
|
3.1B CHF | 6.9 | 11.3 | |
| PL |
B
|
Benefit Systems SA
WSE:BFT
|
12.9B PLN | 11.6 | 22.4 | |
| US |
|
Korn Ferry
NYSE:KFY
|
3.5B USD | 5.8 | 12.8 | |
| JP |
P
|
Persol Holdings Co Ltd
TSE:2181
|
539B JPY | 5 | 13.7 | |
| JP |
|
TechnoPro Holdings Inc
TSE:6028
|
502.9B JPY | 17 | 30.7 | |
| SG |
|
Jinhai International Group Holdings Ltd
HKEX:2225
|
24B HKD | -230.1 | -230.3 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 6.7 |
| Median | 8.7 |
| 70th Percentile | 12.2 |
| Max | 214 699 781.2 |
Other Multiples
Meitec Corp
Glance View
In the bustling world of engineering outsourcing, Meitec Corp. stands as a beacon of expertise and reliability. Founded in 1974, this Japanese company has carved out a significant niche by providing high-quality engineering staffing services. Its model revolves around deploying well-trained engineers to a diverse array of industries such as automotive, electronics, and semiconductor manufacturing. By catering to the intricate needs of these sectors, Meitec enables its clients to focus on their core competencies, while leveraging the technical prowess that Meitec’s engineers bring to the table. This symbiotic relationship not only allows companies to innovate and remain competitive but also provides engineers with a rich tapestry of experiences across varied projects and technologies. Meitec’s business strategy is a well-oiled machine focusing on the recruitment, training, and development of highly skilled engineers who are then matched with client needs. The company primarily earns revenue through contracts with corporations that need temporary but highly specialized engineering expertise. Clients benefit from a flexible engineering workforce without the hassle of long-term hiring commitments, while Meitec capitalizes on the demand for technical expertise in a swiftly evolving industry landscape. This approach also shields the company against economic downturns, as its diversified client base across multiple industries ensures a steady demand for its services. By consistently adapting its workforce to meet the latest technological trends and market demands, Meitec maintains its stature as an indispensable partner in Japan’s industrial ecosystem.