Komatsu (TSE:6301) EV-to-OCF: 15.28 (As of Sep. 20, 2026) — 21% Above Median

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TSE:6301 Komatsu Ltd TSE:6301
84 GF Score
Price 円7,012.00
GF Value 円4,982.45
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Komatsu EV-to-OCF?

Komatsu TSE:6301 -0.67% 84 EV-to-OCF is 15.28 as of Sep. 20, 2026, which is 21% above its 10-year median of 12.66. GuruFocus rates TSE:6301 with a GF Score™ of 84/100 and a GF Value™ of 円4,982.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 216 Farm & Heavy Construction Machinery companies, Komatsu ranks worse than 66.2% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Komatsu's Enterprise Value is 円7,400,865 Mil. Komatsu's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 円484,311 Mil. Therefore, Komatsu's EV-to-OCF for today is 15.28.

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

TSE:6301' s EV-to-OCF Range Over the Past 10 Years
Min: 8.4   Med: 12.66   Max: 39.22
Current: 16.7

During the past 13 years, the highest EV-to-OCF of Komatsu was 39.22. The lowest was 8.40. And the median was 12.66.

TSE:6301's EV-to-OCF is ranked worse than
66.2% of 216 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 10.265 vs TSE:6301: 16.70

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 (2026-09-20), Komatsu's stock price is 円7012.00. Komatsu's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was 円422.028. Therefore, Komatsu's PE Ratio (TTM) for today is 16.62.


Komatsu  (TSE:6301) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7012.00/422.028
=16.62

Komatsu's share price for today is 円7012.00.
Komatsu's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円422.028.

* 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.


Komatsu EV-to-OCF Related Terms


Komatsu EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Komatsu'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.

Komatsu EV-to-OCF Chart

Komatsu 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 11.94 19.67 11.99 9.67 14.80

Komatsu 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 11.88 13.75 12.60 14.69 14.43

TSE:6301 vs CAT, DE, PCAR: EV-to-OCF Comparison

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu EV-to-OCF vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's EV-to-OCF distribution charts can be found below:

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


TSE:6301
84GF Score
Komatsu Ltd TSE:6301
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Komatsu EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=7400864.776/484311
=15.28

Komatsu's current Enterprise Value is 円7,400,865 Mil.
Komatsu's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円484,311 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 15.28 mean?
Komatsu (TSE:6301) has a EV-to-OCF of 15.28 as of Sep. 20, 2026. This is 21% above median its historical median of 12.66. Over the past decade, Komatsu's EV-to-OCF has ranged from 8.40 to 39.22. According to the industry distribution chart, Komatsu ranks #143 out of 216 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 66.2%.
Is Komatsu's EV-to-OCF too high?
Komatsu's current EV-to-OCF of 15.28 is 21% above median its 10-year median of 12.66. Over the past 10 years, this metric has ranged from a low of 8.40 to a high of 39.22. The Farm & Heavy Construction Machinery industry median EV-to-OCF is 10.27. Komatsu's value of 15.28 is 48.9% above this industry median. Based on the distribution chart, Komatsu ranks #143 out of 216 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Komatsu has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Komatsu's EV-to-OCF compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Komatsu ranks #143 out of 216 companies for EV-to-OCF. This places Komatsu in the lower half of its industry. The industry median EV-to-OCF is 10.27. Komatsu's value of 15.28 is 48.9% above this benchmark. Historically, Komatsu's own EV-to-OCF has ranged from 8.40 to 39.22 over the past decade. While the company's 10-year median is 12.66 vs. the industry median of 10.27, Komatsu has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Farm & Heavy Construction Machinery company?
The median EV-to-OCF among Farm & Heavy Construction Machinery companies is 10.27, based on 216 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Komatsu's current EV-to-OCF of 15.28 is 48.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Farm & Heavy Construction Machinery industry, the median EV-to-OCF is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komatsu's current EV-to-OCF is 15.28, which is 21% above median its own 10-year median of 12.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komatsu stock overvalued right now?
Based on GuruFocus' analysis, Komatsu (TSE:6301) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,982.45, compared to a current price of 円7,012.00 — trading 40.7% above its estimated fair value. The current EV-to-OCF is 15.28, which is 21% above median its 10-year median of 12.66 and 48.9% above the Farm & Heavy Construction Machinery industry median of 10.27. Komatsu's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Komatsu (TSE:6301), the current EV-to-OCF is 15.28 as of Sep. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Komatsu (TSE:6301) Overvalued in 2026?

Based on GuruFocus' analysis, Komatsu stock appears to be overvalued. The current stock price of 円7,012.00 is trading 40.7% above its estimated GF Value™ of 円4,982.45. GuruFocus considers Komatsu to be Significantly Overvalued.

Key valuation signals for TSE:6301:

  • EV-to-OCF: 15.28 (21% above median its 10-year median of 12.66)
  • GF Value™: 円4,982.45 vs. price of 円7,012.00 (40.7% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 48.9% above the Farm & Heavy Construction Machinery median (#143 of 216)

No single metric tells the full story. See the TSE:6301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Komatsu Business Description

Address 1-2-20 Kaigan, Shiodome Building, Minato-ku, Tokyo, JPN, 105-8316
Komatsu, headquartered in Tokyo, is the world's second-largest manufacturer of construction, mining, and utility equipment, with a legacy dating back to 1921. Operating in over 150 countries, Komatsu delivers a full suite of heavy machinery, intelligent solutions, and lifecycle services across infrastructure, energy, natural resources, and industrial sectors.
84GF Score

Get the complete analysis for TSE:6301

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

円7,012.00
Price
円4,982.45
GF Value