FFRI Security (TSE:3692) Enterprise Value: 円41,837 Mil (As of Aug. 30, 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:3692 FFRI Security Inc TSE:3692
85 GF Score
Price 円5,710.00
GF Value 円4,285.70
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is FFRI Security Enterprise Value?

FFRI Security TSE:3692 +1.78% 85 Enterprise Value is 円41,837 Mil as of Aug. 30, 2026. GuruFocus rates TSE:3692 with a GF Score™ of 85/100 and a GF Value™ of 円4,285.70 (Significantly Overvalued). The stock has 2 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, FFRI Security's Enterprise Value is 円41,837 Mil. FFRI Security's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,372 Mil. Therefore, FFRI Security's EV-to-EBIT ratio for today is 30.50.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, FFRI Security's Enterprise Value is 円41,837 Mil. FFRI Security's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,437 Mil. Therefore, FFRI Security's EV-to-EBITDA ratio for today is 29.11.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, FFRI Security's Enterprise Value is 円41,837 Mil. FFRI Security's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,360 Mil. Therefore, FFRI Security's EV-to-Revenue ratio for today is 9.60.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, FFRI Security's Enterprise Value is 円41,837 Mil. FFRI Security's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, FFRI Security'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, FFRI Security's Enterprise Value is 円41,837 Mil. FFRI Security's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, FFRI Security'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.


FFRI Security  (TSE:3692) 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.

FFRI Security's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=41836.695/1371.892
=30.50

FFRI Security's current Enterprise Value is 円41,837 Mil.
FFRI Security'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1,372 Mil.

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

FFRI Security's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=41836.695/1436.947
=29.11

FFRI Security's current Enterprise Value is 円41,837 Mil.
FFRI Security'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1,437 Mil.

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

FFRI Security's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=41836.695/4359.661
=9.60

FFRI Security's current Enterprise Value is 円41,837 Mil.
FFRI Security'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4,360 Mil.

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

FFRI Security's EV-to-OCF for today is:


FFRI Security's current Enterprise Value is 円41,837 Mil.
FFRI Security'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.

FFRI Security's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=41836.695/0
=

FFRI Security's current Enterprise Value is 円41,837 Mil.
FFRI Security'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.


FFRI Security Enterprise Value Related Terms


FFRI Security Enterprise Value Historical Data

* Premium members only.

The historical data trend for FFRI Security'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.

FFRI Security Enterprise Value Chart

FFRI Security 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 7,765.40 6,016.62 13,409.05 25,057.75 44,530.24

FFRI Security Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 46,289.38 58,612.91 52,225.83 44,530.24 34,443.67

TSE:3692 vs QH, SHOP, UBER: Enterprise Value Comparison

For the Software - Application subindustry, FFRI Security'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.


FFRI Security Enterprise Value vs Software Industry

For the Software industry and Technology sector, FFRI Security's Enterprise Value distribution charts can be found below:

* The bar in red indicates where FFRI Security's Enterprise Value falls into.


TSE:3692
85GF Score
FFRI Security Inc TSE:3692
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FFRI Security 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.

FFRI Security's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

FFRI Security'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41,837 Mil mean?
FFRI Security (TSE:3692) has a Enterprise Value of 円41,837 Mil as of Aug. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on FFRI Security and its competitors.
Is FFRI Security's Enterprise Value too high?
FFRI Security's current Enterprise Value is 円41,837 Mil. Overall, FFRI Security has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FFRI Security's Enterprise Value compare to QH and SHOP?
FFRI Security's Enterprise Value of 円41,837 Mil can be compared against companies in the Software 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 Software company?
A good Enterprise Value depends on the Software 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 FFRI Security and its competitors. FFRI Security's current Enterprise Value is 円41,837 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FFRI Security stock overvalued right now?
Based on GuruFocus' analysis, FFRI Security (TSE:3692) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,285.70, compared to a current price of 円5,710.00 — trading 33.2% above its estimated fair value. The current Enterprise Value is 円41,837 Mil. FFRI Security's overall GF Score™ is 85/100 with 2 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 FFRI Security (TSE:3692), the current Enterprise Value is 円41,837 Mil as of Aug. 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 FFRI Security (TSE:3692) Overvalued in 2026?

Based on GuruFocus' analysis, FFRI Security stock appears to be overvalued. The current stock price of 円5,710.00 is trading 33.2% above its estimated GF Value™ of 円4,285.70. GuruFocus considers FFRI Security to be Significantly Overvalued.

Key valuation signals for TSE:3692:

  • Enterprise Value: 円41,837 Mil
  • GF Value™: 円4,285.70 vs. price of 円5,710.00 (33.2% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the TSE:3692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FFRI Security Business Description

Address 3-3-1, Marunouchi, 2nd Floor, Shin-Tokyo Building, Chiyoda-ku, Tokyo, JPN, 100-0005
FFRI Security Inc is engaged in providing computer security research, consulting, information provision, education, network system research, computer software and computer program planning, development, sales, leasing, maintenance, management, operation, and the acquisition, transfer, lending, and management of related property right such as copyrights, patent rights, utility model rights, trademark rights, and design rights.
85GF Score

Get the complete analysis for TSE:3692

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

円5,710.00
Price
円4,285.70
GF Value