Toho Holdings Co (FRA:TON) EV-to-OCF: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:TON Toho Holdings Co Ltd FRA:TON
82 GF Score
Price €21.40
GF Value €25.94
! 3 Warning Signs
View Full Analysis

What is Toho Holdings Co EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Toho Holdings Co's Enterprise Value is €839 Mil. Toho Holdings Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €0 Mil. Therefore, Toho Holdings Co's EV-to-OCF for today is .

The historical rank and industry rank for Toho Holdings Co's EV-to-OCF or its related term are showing as below:

FRA:TON' s EV-to-OCF Range Over the Past 10 Years
Min: 8.09   Med: 0   Max: 8.09
Current: 8.09

During the past 13 years, the highest EV-to-OCF of Toho Holdings Co was 8.09. The lowest was 8.09. And the median was .

FRA:TON's EV-to-OCF is ranked better than
53.39% of 118 companies
in the Medical Distribution industry
Industry Median: 8.83 vs FRA:TON: 8.09

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-23), Toho Holdings Co's stock price is €21.40. Toho Holdings Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.361. Therefore, Toho Holdings Co's PE Ratio (TTM) for today is 15.72.


Toho Holdings Co  (FRA:TON) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Toho Holdings Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.40/1.361
=15.72

Toho Holdings Co's share price for today is €21.40.
Toho Holdings Co'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 €1.361.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Toho Holdings Co EV-to-OCF Related Terms


Toho Holdings Co EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Toho Holdings Co's EV-to-OCF 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.

Toho Holdings Co EV-to-OCF Chart

Toho Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 -12,128.20 2.10 -8.02 11.63

Toho Holdings Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 0.00 0.00 0.00 11.63 0.00

FRA:TON vs MCK, COR, CAH: EV-to-OCF Comparison

For the Medical Distribution subindustry, Toho Holdings Co's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Toho Holdings Co EV-to-OCF vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Toho Holdings Co's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Toho Holdings Co's EV-to-OCF falls into.


FRA:TON
82GF Score
Toho Holdings Co Ltd FRA:TON
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toho Holdings Co EV-to-OCF Calculation

Toho Holdings Co's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=838.577/0
=

Toho Holdings Co's current Enterprise Value is €839 Mil.
Toho Holdings Co's Cash Flow from Operations 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 €0 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.

Is Toho Holdings Co (FRA:TON) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Holdings Co stock appears to be undervalued. The current stock price of €21.40 is trading 17.5% below its estimated GF Value™ of €25.94.

Key valuation signals for FRA:TON:

  • EV-to-OCF:
  • GF Value™: €25.94 vs. price of €21.40 (17.5% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Toho Holdings Co Business Description

Other Exchanges 8129:Japan
Address 4-43-11 Daizawa, Setagaya-ku, Tokyo, JPN, 155-8655
Toho Holdings Co Ltd is a specialty and generic drug manufacturing company. The company's business includes pharmaceutical wholesaling and pharmacy dispensing. It also maintains a site-management organization business that assists a variety of medical establishments, ranging from large medical institutions to private clinics, with a wide range of clinical trials under contract. The company supports medical institutions suitable for respective trials to improve the quality and speed of clinical trials. It generates additional revenue through software sales to medical institutions.
82GF Score

Get the complete analysis for FRA:TON

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

€21.40
Price
€25.94
GF Value