Shift (TSE:3697) EV-to-OCF: (As of Sep. 21, 2026)

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TSE:3697 Shift Inc TSE:3697
84 GF Score
Price 円881.10
GF Value 円1,722.08
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Shift EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Shift's Enterprise Value is 円226,314 Mil. Shift's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was 円 Mil. Therefore, Shift's EV-to-OCF for today is .

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

TSE:3697' s EV-to-OCF Range Over the Past 10 Years
Min: 13.7   Med: 0   Max: 13.7
Current: 13.7

During the past 13 years, the highest EV-to-OCF of Shift was 13.70. The lowest was 13.70. And the median was .

TSE:3697's EV-to-OCF is ranked worse than
68.85% of 2876 companies
in the Software industry
Industry Median: 6.805 vs TSE:3697: 13.70

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 (2026-09-21), Shift's stock price is 円881.10. Shift's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was 円25.231. Therefore, Shift's PE Ratio (TTM) for today is 34.92.


Shift  (TSE:3697) 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.

Shift's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=881.10/25.231
=34.92

Shift's share price for today is 円881.10.
Shift's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円25.231.

* 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.


Shift EV-to-OCF Related Terms


Shift EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Shift'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.

Shift EV-to-OCF Chart

Shift Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.87 47.24 50.45 25.24 25.04

Shift Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 - - - - -

TSE:3697 vs CRM, SHOP, UBER: EV-to-OCF Comparison

For the Software - Application subindustry, Shift'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.


Shift EV-to-OCF vs Software Industry

For the Software industry and Technology sector, Shift's EV-to-OCF distribution charts can be found below:

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


TSE:3697
84GF Score
Shift Inc TSE:3697
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shift EV-to-OCF Calculation

Shift's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=226313.661/
=

Shift's current Enterprise Value is 円226,314 Mil.
Shift's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円 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 Shift (TSE:3697) Overvalued in 2026?

Based on GuruFocus' analysis, Shift stock appears to be undervalued. The current stock price of 円881.10 is trading 48.8% below its estimated GF Value™ of 円1,722.08. GuruFocus considers Shift to be Significantly Undervalued.

Key valuation signals for TSE:3697:

  • EV-to-OCF:
  • GF Value™: 円1,722.08 vs. price of 円881.10 (48.8% below fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the TSE:3697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shift Business Description

Other Exchanges 7CZ:Germany
Address MASONIC 39 MT BUILDING, 2-4-5 Azabudai, Minato-ku, Tokyo, JPN, 106-0041
Shift Inc provides software testing services. The company's solutions include Test Design that takes into consideration of usability for the next project, and its seasoned test engineers provide support to test design such as building standard confirmation item. Test Run helps the customers to choose onsite or off-site implementation in accordance with the environment. MinTest is a website where people report bugs of social games and applications. It also provides other services such as CAT, Non-Functional Testing, Localization, and others related services.
84GF Score

Get the complete analysis for TSE:3697

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

円881.10
Price
円1,722.08
GF Value