Tokyo Energy & Systems (TSE:1945) Enterprise Value: 円72,830 Mil (As of Jul. 20, 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.

TSE:1945 Tokyo Energy & Systems Inc TSE:1945
66 GF Score
Price 円1,947.00
GF Value 円1,226.62
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tokyo Energy & Systems Enterprise Value?

Tokyo Energy & Systems TSE:1945 -2.41% 66 Enterprise Value is 円72,830 Mil as of Jul. 20, 2026. GuruFocus rates TSE:1945 with a GF Score™ of 66/100 and a GF Value™ of 円1,226.62 (Significantly Overvalued). The stock has 4 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, Tokyo Energy & Systems's Enterprise Value is 円72,830 Mil. Tokyo Energy & Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円7,457 Mil. Therefore, Tokyo Energy & Systems's EV-to-EBIT ratio for today is 9.77.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tokyo Energy & Systems's Enterprise Value is 円72,830 Mil. Tokyo Energy & Systems's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円9,491 Mil. Therefore, Tokyo Energy & Systems's EV-to-EBITDA ratio for today is 7.67.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tokyo Energy & Systems's Enterprise Value is 円72,830 Mil. Tokyo Energy & Systems's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円83,083 Mil. Therefore, Tokyo Energy & Systems's EV-to-Revenue ratio for today is 0.88.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tokyo Energy & Systems's Enterprise Value is 円72,830 Mil. Tokyo Energy & Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, Tokyo Energy & Systems's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tokyo Energy & Systems's Enterprise Value is 円72,830 Mil. Tokyo Energy & Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, Tokyo Energy & Systems's EV-to-FCF ratio for today is .

*** 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.


Tokyo Energy & Systems  (TSE:1945) 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.

Tokyo Energy & Systems's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=72829.578/7457
=9.77

Tokyo Energy & Systems's current Enterprise Value is 円72,830 Mil.
Tokyo Energy & Systems'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 円7,457 Mil.

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

Tokyo Energy & Systems's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=72829.578/9491
=7.67

Tokyo Energy & Systems's current Enterprise Value is 円72,830 Mil.
Tokyo Energy & Systems'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 円9,491 Mil.

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

Tokyo Energy & Systems's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=72829.578/83083
=0.88

Tokyo Energy & Systems's current Enterprise Value is 円72,830 Mil.
Tokyo Energy & Systems'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 円83,083 Mil.

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

Tokyo Energy & Systems's EV-to-OCF for today is:


Tokyo Energy & Systems's current Enterprise Value is 円72,830 Mil.
Tokyo Energy & Systems'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 円0 Mil.

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

Tokyo Energy & Systems's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=72829.578/0
=

Tokyo Energy & Systems's current Enterprise Value is 円72,830 Mil.
Tokyo Energy & Systems'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 円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.


Tokyo Energy & Systems Enterprise Value Related Terms


Tokyo Energy & Systems Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tokyo Energy & Systems'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.

Tokyo Energy & Systems Enterprise Value Chart

Tokyo Energy & Systems 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 31,716.66 26,167.68 36,836.58 48,140.81 65,871.50

Tokyo Energy & Systems Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 48,140.81 43,612.45 58,165.13 68,554.46 65,871.50

TSE:1945 vs PWR, FIX, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, Tokyo Energy & Systems'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.


Tokyo Energy & Systems Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, Tokyo Energy & Systems's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tokyo Energy & Systems's Enterprise Value falls into.


TSE:1945
66GF Score
Tokyo Energy & Systems Inc TSE:1945
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Energy & Systems 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.

Tokyo Energy & Systems's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Tokyo Energy & Systems'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 円72,830 Mil mean?
Tokyo Energy & Systems (TSE:1945) has a Enterprise Value of 円72,830 Mil as of Jul. 20, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tokyo Energy & Systems and its competitors.
Is Tokyo Energy & Systems' Enterprise Value too high?
Tokyo Energy & Systems' current Enterprise Value is 円72,830 Mil. Overall, Tokyo Energy & Systems has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Energy & Systems' Enterprise Value compare to PWR and FIX?
Tokyo Energy & Systems' Enterprise Value of 円72,830 Mil can be compared against companies in the Construction 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 Construction company?
A good Enterprise Value depends on the Construction 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 Tokyo Energy & Systems and its competitors. Tokyo Energy & Systems's current Enterprise Value is 円72,830 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Energy & Systems stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Energy & Systems (TSE:1945) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,226.62, compared to a current price of 円1,947.00 — trading 58.7% above its estimated fair value. The current Enterprise Value is 円72,830 Mil. Tokyo Energy & Systems' 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 Tokyo Energy & Systems (TSE:1945), the current Enterprise Value is 円72,830 Mil as of Jul. 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 Tokyo Energy & Systems (TSE:1945) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Energy & Systems stock appears to be overvalued. The current stock price of 円1,947.00 is trading 58.7% above its estimated GF Value™ of 円1,226.62. GuruFocus considers Tokyo Energy & Systems to be Significantly Overvalued.

Key valuation signals for TSE:1945:

  • Enterprise Value: 円72,830 Mil
  • GF Value™: 円1,226.62 vs. price of 円1,947.00 (58.7% above fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the TSE:1945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Energy & Systems Business Description

Address 1-3-1 Nihonbashi Kayabacho, Chuo-ku, Tokyo, JPN, 103-0025
Tokyo Energy & Systems Inc constructs and maintains electricity generation plants, substations, and other power-related equipment. It also provides equipment for and assist in the construction of solar power generation stations and work to promote other forms of renewable energy. It is also engaged in the construction of much of the electrical equipment used in buildings and factories, as well as telecommunication equipment, and provides a service that dispatches engineers. The company's reportable segment is Facility installation business.
66GF Score

Get the complete analysis for TSE:1945

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

円1,947.00
Price
円1,226.62
GF Value