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Ebara Corporation (EBCOY) Fair Value & Analysis

Industrials · US · Market cap $19.2B

EC Ebara Corporation logo Ebara Corporation EBCOY · US
Price$18.25
Fair Value$9.63
Upside-47.2%
Quality46/100
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Expensive Growth
Thin margins · 4.6% net margin
Low debt · negative free cash flow
0.99% dividend yield
Trails peers (3/11)
Narrow moat 41/100
Evidence: High Range $6.74 – $13.28 Share as image

Fair value as of: Jul 17, 2026

From 14 valuation models · updated 24 days ago

Share price +1.4% over the past month.

Below-average quality, and screening another 47% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($13.28). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($6.74 to $13.28) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$20.98 $2.84 Fair Value $9.63 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range $2.84 – $20.98 · fair‑value band $6.74 – $13.28 · the $18.25 price screens above the $9.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Ebara Corporation (EBCOY) currently trades at $18.25, while our model-based Fair Value estimate is $9.63, implying the stock looks roughly 47.2% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Ebara Corporation generated revenue of $550B at a net margin of 4.6%. Revenue grew 51.2% year over year. It earns a return on equity of 9.6%. Net debt stands at $81.3B. Fundamentals as of Jul 17, 2026

Our scenario range runs from $6.74 (bear case) to $13.28 (bull case); at $18.25, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 14% below its 52-week high and 139% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -47%, EBCOY screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
ROIC Compounder $7.91 $9.63 $11.55 72
Growth-Adj P/E $8.12 $11.60 $15.09 68
P/E Multiple $10.35 $13.80 $17.25 63
All 14 models by family
DCF Models
Owner Earnings $2.59 $3.47 $4.77 31
Earnings-Based
Graham-Dodd $4.47 $11.86 $15.50 54
PEG = 1.0 $2.29 $3.27 $4.25 46
EPV $7.54 $8.67 $9.65 59
Multiples
P/E Multiple $10.35 $13.80 $17.25 63
P/S Multiple $8.38 $11.17 $13.96 58
P/B Multiple $8.38 $11.17 $13.96 55
EV/EBIT $13.26 $17.42 $21.58 53
EV/EBITDA $13.24 $17.39 $21.54 54
EV/Revenue $9.69 $13.51 $17.32 43
Asset-Based
NCAV (Graham) $2.08 $2.79 $4.17 50
Economic Profit
Residual Income $4.35 $5.70 $16.22 61
ROIC Compounder $7.91 $9.63 $11.55 72
Growth Earnings
Growth-Adj P/E $8.12 $11.60 $15.09 68

Widest divergence: Multiples ($13.51) versus Asset-Based ($2.79). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Revenue (TTM) $550B
Revenue growth (YoY) +51.2%
Net margin 4.6%
Return on equity 9.6%
Free cash flow −$54.0B FY2025
P/E ratio 40.3
More key figures
Operating margin 7.4%
EPS (TTM) $0.5200
Dividend yield 1.0%
EPS growth (YoY) +35.9%
Net debt $81.3B FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 47 · Market factors (momentum, volatility) 68

Profitability 55
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 71
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 75
Price trend over the last 3–12 months (market factor)
52W Momentum 89
Distance to the 52-week high (market factor)
Net Issuance 41
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Ebara Corporation manufactures and sells pumps, compressors, turbines, and chillers in Europe, the Middle East, Africa, Asia, Japan, Oceania, North America, and Central and South America. It operates through the Building Service & Industrial, Energy, Infrastructure, Environmental Solutions, and Precision Machinery segments.

Full company description

Ebara Corporation manufactures and sells pumps, compressors, turbines, and chillers in Europe, the Middle East, Africa, Asia, Japan, Oceania, North America, and Central and South America. It operates through the Building Service & Industrial, Energy, Infrastructure, Environmental Solutions, and Precision Machinery segments. The company offers standard and custom pumps, fans, booster pump units, chillers, cooling towers, and heating and cooling machines; and cryogenic products. It also provides incineration systems, gasification technologies, municipal and industrial waste treatment plants, municipal waste processing plants, and boilers, as well as sewerage and drainage treatment systems. In addition, the company offers chemical mechanical polishing systems, CMP equipment, dry vacuum pumps, gas abatement systems, plating equipment, exhaust-gas treatment equipment, and ozonized water generators. Ebara Corporation was founded in 1912 and is headquartered in Tokyo, Japan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ebara Corporation reported revenue of $1.0T in FY2025 versus $603B in FY2021, a compound +13.6%/yr. Reported net income was $80.3B in FY2025, compounding +16.5%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$1.0T
Latest YoY
+15.9%
Avg. growth/yr (3Y)
+13.8%
Avg. growth/yr (5Y)
+13.9%
Avg. growth/yr (27Y)
+2.2%
Revenue +13.6%/yr
FY21 $603B
FY22 $681B
FY23 $759B
FY24 $867B
FY25 $1.0T
Net income +16.5%/yr
FY21 $43.6B
FY22 $50.5B
FY23 $60.3B
FY24 $71.4B
FY25 $80.3B

EBCOY screens 47% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Ebara Corporation Fair Value". https://www.fairvalue-calculator.com/stock/EBCOY

Peer Group

Specialty Industrial Machinery · 809 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside −47% · Below median
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 7% · Below median
Revenue growth 51% · Top 25%
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 40.3× · Pricier than median
PEG 3.10× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 23
PAST 38 · sector 28
HEALTH 95 · sector 96
DIVIDEND 20 · sector 24

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Ebara Corporation (EBCOY) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of $9.63 versus a price of $18.25, about −47% (overvalued).
What is the fair value of EBCOY?
Our model-based fair value for Ebara Corporation is $9.63 (as of Jul 17, 2026), built from audited fundamentals. The current price is $18.25.
What is the quality score of EBCOY?
Ebara Corporation has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Ebara Corporation (EBCOY)?
Ebara Corporation reported trailing-twelve-month revenue of about $550B (latest available figure, as of Jul 17, 2026).
What is the net profit margin of EBCOY?
The net profit margin of Ebara Corporation is about 4.6%, meaning it keeps roughly 4.6% of revenue as net income. Based on the latest reported figures.
Does Ebara Corporation pay a dividend?
Ebara Corporation currently shows a dividend yield of about 0.99% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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