Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Daiwa Securities Group (OTCPK:DSECF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
Daiwa Securities Group's current Enterprise Value is $24,199 Mil.
Daiwa Securities Group's Revenue 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 $5,869 Mil.
Daiwa Securities Group's current Enterprise Value is $24,199 Mil.
Daiwa Securities Group'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.
Daiwa Securities Group's current Enterprise Value is $24,199 Mil.
Daiwa Securities Group's Free Cash Flow 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.
Daiwa Securities Group Enterprise Value Related Terms
Daiwa Securities Group Enterprise Value Historical Data
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The historical data trend for Daiwa Securities Group's Enterprise Value 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.
DSECF vs MS, GS, SCHW: Enterprise Value Comparison
For the Capital Markets subindustry, Daiwa Securities Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Daiwa Securities Group Enterprise Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Daiwa Securities Group's Enterprise Value falls into.
Daiwa Securities Group Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Daiwa Securities Group's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Daiwa Securities Group (DSECF) has a Enterprise Value of $24,199 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Daiwa Securities Group and its competitors.
Is Daiwa Securities Group's Enterprise Value too high?
Daiwa Securities Group's current Enterprise Value is $24,199 Mil. Overall, Daiwa Securities Group has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Group's Enterprise Value compare to MS and GS?
Daiwa Securities Group's Enterprise Value of $24,199 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Capital Markets company?
A good Enterprise Value depends on the Capital Markets industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Daiwa Securities Group and its competitors. Daiwa Securities Group's current Enterprise Value is $24,199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Securities Group (DSECF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.61, compared to a current price of $9.69 — trading 27.3% above its estimated fair value. The current Enterprise Value is $24,199 Mil. Daiwa Securities Group's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Daiwa Securities Group (DSECF), the current Enterprise Value is $24,199 Mil as of Jun. 27, 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 Daiwa Securities Group (DSECF) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Securities Group stock appears to be overvalued.
The current stock price of $9.69 is trading 27.3% above its estimated GF Value™ of $7.61.
GuruFocus considers Daiwa Securities Group to be Modestly Overvalued.
Key valuation signals for DSECF:
Enterprise Value: $24,199 Mil
GF Value™: $7.61 vs. price of $9.69 (27.3% above fair value)
No single metric tells the full story. See the DSECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Securities Group Inc is a Japan-based financial services company. The company operates through four segments. The Asset Management Division manages investment trusts, funds, and corporations across assets, including private equity, real estate, renewable energy, and infrastructure, while also offering advisory services to institutional investors in Japan and overseas. The Global Markets & Investment Banking Division handles sales and trading of securities, foreign exchange, and derivatives, and provides underwriting and M&A advisory. The Wealth Management Division serves individuals and private corporate clients with diverse financial products. Others include subsidiary management, information services, administration, and real estate leasing.
66GF Score
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