First Brothers Co (TSE:3454) Enterprise Value: 円64,141 Mil (As of Jul. 16, 2026) ***

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TSE:3454 First Brothers Co Ltd TSE:3454
65 GF Score
Price 円1,277.00
GF Value 円1,541.44
Valuation Modestly Undervalued
! 4 Warning Signs
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What is First Brothers Co Enterprise Value?

First Brothers Co TSE:3454 +0.08% 65 Enterprise Value is 円64,141 Mil as of Jul. 16, 2026. GuruFocus rates TSE:3454 with a GF Score™ of 65/100 and a GF Value™ of 円1,541.44 (Modestly Undervalued). 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, First Brothers Co's Enterprise Value is 円64,141 Mil. First Brothers Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円7,039 Mil. Therefore, First Brothers Co's EV-to-EBIT ratio for today is 9.11.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, First Brothers Co's Enterprise Value is 円64,141 Mil. First Brothers Co's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was 円8,318 Mil. Therefore, First Brothers Co's EV-to-EBITDA ratio for today is 7.71.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First Brothers Co's Enterprise Value is 円64,141 Mil. First Brothers Co's Revenue for the trailing twelve months (TTM) ended in May. 2026 was 円24,186 Mil. Therefore, First Brothers Co's EV-to-Revenue ratio for today is 2.65.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, First Brothers Co's Enterprise Value is 円64,141 Mil. First Brothers Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was 円0 Mil. Therefore, First Brothers Co'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, First Brothers Co's Enterprise Value is 円64,141 Mil. First Brothers Co's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was 円0 Mil. Therefore, First Brothers Co'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.


First Brothers Co  (TSE:3454) 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.

First Brothers Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=64140.774/7039.349
=9.11

First Brothers Co's current Enterprise Value is 円64,141 Mil.
First Brothers Co's EBIT 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7,039 Mil.

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

First Brothers Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=64140.774/8318.17
=7.71

First Brothers Co's current Enterprise Value is 円64,141 Mil.
First Brothers Co's EBITDA 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8,318 Mil.

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

First Brothers Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=64140.774/24186.218
=2.65

First Brothers Co's current Enterprise Value is 円64,141 Mil.
First Brothers Co's Revenue 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24,186 Mil.

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

First Brothers Co's EV-to-OCF for today is:


First Brothers Co's current Enterprise Value is 円64,141 Mil.
First Brothers Co'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0 Mil.

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

First Brothers Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=64140.774/0
=

First Brothers Co's current Enterprise Value is 円64,141 Mil.
First Brothers Co's Free Cash Flow 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.


First Brothers Co Enterprise Value Related Terms


First Brothers Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for First Brothers Co'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.

First Brothers Co Enterprise Value Chart

First Brothers Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55,086.22 63,712.90 64,536.99 67,388.58 65,593.66

First Brothers Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 68,457.53 67,726.18 65,593.66 70,387.33 63,088.60

TSE:3454 vs BLK, BX, KKR: Enterprise Value Comparison

For the Asset Management subindustry, First Brothers Co'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.


First Brothers Co Enterprise Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Brothers Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where First Brothers Co's Enterprise Value falls into.


TSE:3454
65GF Score
First Brothers Co Ltd TSE:3454
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Brothers Co 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.

First Brothers Co's Enterprise Value for the fiscal year that ended in Nov. 2025 is calculated as

First Brothers Co's Enterprise Value for the quarter that ended in May. 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64,141 Mil mean?
First Brothers Co (TSE:3454) has a Enterprise Value of 円64,141 Mil as of Jul. 16, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on First Brothers Co and its competitors.
Is First Brothers Co's Enterprise Value too high?
First Brothers Co's current Enterprise Value is 円64,141 Mil. Overall, First Brothers Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Brothers Co's Enterprise Value compare to BLK and BX?
First Brothers Co's Enterprise Value of 円64,141 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Enterprise Value depends on the Asset Management 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 First Brothers Co and its competitors. First Brothers Co's current Enterprise Value is 円64,141 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Brothers Co stock overvalued right now?
Based on GuruFocus' analysis, First Brothers Co (TSE:3454) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,541.44, compared to a current price of 円1,277.00 — trading 17.2% below its estimated fair value. The current Enterprise Value is 円64,141 Mil. First Brothers Co's overall GF Score™ is 65/100 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 First Brothers Co (TSE:3454), the current Enterprise Value is 円64,141 Mil as of Jul. 16, 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 First Brothers Co (TSE:3454) Overvalued in 2026?

Based on GuruFocus' analysis, First Brothers Co stock appears to be undervalued. The current stock price of 円1,277.00 is trading 17.2% below its estimated GF Value™ of 円1,541.44. GuruFocus considers First Brothers Co to be Modestly Undervalued.

Key valuation signals for TSE:3454:

  • Enterprise Value: 円64,141 Mil
  • GF Value™: 円1,541.44 vs. price of 円1,277.00 (17.2% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the TSE:3454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Brothers Co Business Description

Address 2-4-1 Marunouchi, 25th Floor, Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6325
First Brothers Co Ltd engages in the investment management business. It operates through the Investment Management, Investment Banking, and Facility Management divisions. The Investment Management division invests in real estate or real estate trust beneficiary rights by performing asset management in a private fund format. The Investment Banking division provides various advisory services for real estate and other investments. The Facility Management operates accommodation facilities to provide hospitality services from a medium-to long-term perspective.
65GF Score

Get the complete analysis for TSE:3454

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

円1,277.00
Price
円1,541.44
GF Value