IIJIF (Internet Initiative Japan) Enterprise Value: $3,396 Mil (As of Jun. 30, 2026) ***


IIJIF Internet Initiative Japan Inc IIJIF
94 GF Score
Price $18.51
GF Value $19.66
Valuation Fairly Valued
! 5 Warning Signs
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What is Internet Initiative Japan Enterprise Value?

Internet Initiative Japan IIJIF -3.09% 94 Enterprise Value is $3,396 Mil as of Jun. 30, 2026. GuruFocus rates IIJIF with a GF Score™ of 94/100 and a GF Value™ of $19.66 (Fairly Valued). The stock has 5 warning signs investors should review.

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. As of today, Internet Initiative Japan's Enterprise Value is $3,396 Mil. Internet Initiative Japan's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $240 Mil. Therefore, Internet Initiative Japan's EV-to-EBIT ratio for today is 14.13.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Internet Initiative Japan's Enterprise Value is $3,396 Mil. Internet Initiative Japan's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $456 Mil. Therefore, Internet Initiative Japan's EV-to-EBITDA ratio for today is 7.45.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Internet Initiative Japan's Enterprise Value is $3,396 Mil. Internet Initiative Japan's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $2,273 Mil. Therefore, Internet Initiative Japan's EV-to-Revenue ratio for today is 1.49.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Internet Initiative Japan's Enterprise Value is $3,396 Mil. Internet Initiative Japan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $333 Mil. Therefore, Internet Initiative Japan's EV-to-OCF ratio for today is 10.21.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Internet Initiative Japan's Enterprise Value is $3,396 Mil. Internet Initiative Japan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $145 Mil. Therefore, Internet Initiative Japan's EV-to-FCF ratio for today is 23.36.

*** 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.


Internet Initiative Japan  (OTCPK:IIJIF) 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.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Internet Initiative Japan's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3395.585/240.356
=14.13

Internet Initiative Japan's current Enterprise Value is $3,396 Mil.
Internet Initiative Japan's EBIT 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 $240 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Internet Initiative Japan's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3395.585/455.868
=7.45

Internet Initiative Japan's current Enterprise Value is $3,396 Mil.
Internet Initiative Japan's EBITDA 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 $456 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Internet Initiative Japan's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3395.585/2273.234
=1.49

Internet Initiative Japan's current Enterprise Value is $3,396 Mil.
Internet Initiative Japan'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 $2,273 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Internet Initiative Japan's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3395.585/332.567
=10.21

Internet Initiative Japan's current Enterprise Value is $3,396 Mil.
Internet Initiative Japan'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 $333 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Internet Initiative Japan's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3395.585/145.375
=23.36

Internet Initiative Japan's current Enterprise Value is $3,396 Mil.
Internet Initiative Japan'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 $145 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.


Internet Initiative Japan Enterprise Value Related Terms


Internet Initiative Japan Enterprise Value Historical Data

* Premium members only.

The historical data trend for Internet Initiative Japan'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.

Internet Initiative Japan Enterprise Value Chart

Internet Initiative Japan Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,046.98 2,570.82 3,307.81 3,221.49 2,603.26

Internet Initiative Japan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 3,221.49 3,626.35 3,241.12 3,168.87 2,603.26

IIJIF vs TMUS, VZ, T: Enterprise Value Comparison

For the Telecom Services subindustry, Internet Initiative Japan'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.


Internet Initiative Japan Enterprise Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Internet Initiative Japan's Enterprise Value falls into.


IIJIF
94GF Score
Internet Initiative Japan Inc IIJIF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Internet Initiative Japan 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.

Internet Initiative Japan's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Internet Initiative Japan's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $3,396 Mil mean?
Internet Initiative Japan (IIJIF) has a Enterprise Value of $3,396 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Internet Initiative Japan and its competitors.
Is Internet Initiative Japan's Enterprise Value too high?
Internet Initiative Japan's current Enterprise Value is $3,396 Mil. Overall, Internet Initiative Japan has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Internet Initiative Japan's Enterprise Value compare to TMUS and VZ?
Internet Initiative Japan's Enterprise Value of $3,396 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Enterprise Value depends on the Telecommunication Services 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 Internet Initiative Japan and its competitors. Internet Initiative Japan's current Enterprise Value is $3,396 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internet Initiative Japan stock overvalued right now?
Based on GuruFocus' analysis, Internet Initiative Japan (IIJIF) is currently considered Fairly Valued. The stock's GF Value™ is $19.66, compared to a current price of $18.51 — trading 5.8% below its estimated fair value. The current Enterprise Value is $3,396 Mil. Internet Initiative Japan's overall GF Score™ is 94/100 with 5 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 Internet Initiative Japan (IIJIF), the current Enterprise Value is $3,396 Mil as of Jun. 30, 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 Internet Initiative Japan (IIJIF) Overvalued in 2026?

Based on GuruFocus' analysis, Internet Initiative Japan stock appears to be undervalued. The current stock price of $18.51 is trading 5.8% below its estimated GF Value™ of $19.66. GuruFocus considers Internet Initiative Japan to be Fairly Valued.

Key valuation signals for IIJIF:

  • Enterprise Value: $3,396 Mil
  • GF Value™: $19.66 vs. price of $18.51 (5.8% below fair value)
  • GF Score™: 94/100 with 5 warning signs

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


Internet Initiative Japan Business Description

Address Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.
94GF Score

Get the complete analysis for IIJIF

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

$18.51
Price
$19.66
GF Value