Makuake (TSE:4479) Enterprise Value: 円4,566 Mil (As of Jul. 09, 2026) ***


TSE:4479 Makuake Inc TSE:4479
74 GF Score
Price 円888.00
GF Value 円993.74
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Makuake Enterprise Value?

Makuake TSE:4479 +1.49% 74 Enterprise Value is 円4,566 Mil as of Jul. 09, 2026. GuruFocus rates TSE:4479 with a GF Score™ of 74/100 and a GF Value™ of 円993.74 (Modestly Undervalued). The stock has 1 warning sign 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, Makuake's Enterprise Value is 円4,566 Mil. Makuake's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円754 Mil. Therefore, Makuake's EV-to-EBIT ratio for today is 6.06.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Makuake's Enterprise Value is 円4,566 Mil. Makuake's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円950 Mil. Therefore, Makuake's EV-to-EBITDA ratio for today is 4.81.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Makuake's Enterprise Value is 円4,566 Mil. Makuake's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,340 Mil. Therefore, Makuake's EV-to-Revenue ratio for today is 0.86.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Makuake's Enterprise Value is 円4,566 Mil. Makuake's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, Makuake'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, Makuake's Enterprise Value is 円4,566 Mil. Makuake's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, Makuake'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.


Makuake  (TSE:4479) 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.

Makuake's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4565.806/753.927
=6.06

Makuake's current Enterprise Value is 円4,566 Mil.
Makuake'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754 Mil.

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

Makuake's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=4565.806/950.089
=4.81

Makuake's current Enterprise Value is 円4,566 Mil.
Makuake'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950 Mil.

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

Makuake's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4565.806/5339.902
=0.86

Makuake's current Enterprise Value is 円4,566 Mil.
Makuake'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5,340 Mil.

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

Makuake's EV-to-OCF for today is:


Makuake's current Enterprise Value is 円4,566 Mil.
Makuake'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.

Makuake's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4565.806/0
=

Makuake's current Enterprise Value is 円4,566 Mil.
Makuake'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.


Makuake Enterprise Value Related Terms


Makuake Enterprise Value Historical Data

* Premium members only.

The historical data trend for Makuake'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.

Makuake Enterprise Value Chart

Makuake Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 48,781.87 8,376.88 6,399.45 1,378.31 7,160.73

Makuake 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 2,099.19 5,410.29 7,160.73 4,269.20 4,335.92

TSE:4479 vs BLK, BX, KKR: Enterprise Value Comparison

For the Asset Management subindustry, Makuake'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.


Makuake Enterprise Value vs Asset Management Industry

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

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


TSE:4479
74GF Score
Makuake Inc TSE:4479
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Makuake 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.

Makuake's Enterprise Value for the fiscal year that ended in Sep. 2025 is calculated as

Makuake'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4,566 Mil mean?
Makuake (TSE:4479) has a Enterprise Value of 円4,566 Mil as of Jul. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Makuake and its competitors.
Is Makuake's Enterprise Value too high?
Makuake's current Enterprise Value is 円4,566 Mil. Overall, Makuake has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Makuake's Enterprise Value compare to BLK and BX?
Makuake's Enterprise Value of 円4,566 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 Makuake and its competitors. Makuake's current Enterprise Value is 円4,566 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makuake stock overvalued right now?
Based on GuruFocus' analysis, Makuake (TSE:4479) is currently considered Modestly Undervalued. The stock's GF Value™ is 円993.74, compared to a current price of 円888.00 — trading 10.6% below its estimated fair value. The current Enterprise Value is 円4,566 Mil. Makuake's overall GF Score™ is 74/100 with 1 warning sign 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 Makuake (TSE:4479), the current Enterprise Value is 円4,566 Mil as of Jul. 09, 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 Makuake (TSE:4479) Overvalued in 2026?

Based on GuruFocus' analysis, Makuake stock appears to be undervalued. The current stock price of 円888.00 is trading 10.6% below its estimated GF Value™ of 円993.74. GuruFocus considers Makuake to be Modestly Undervalued.

Key valuation signals for TSE:4479:

  • Enterprise Value: 円4,566 Mil
  • GF Value™: 円993.74 vs. price of 円888.00 (10.6% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the TSE:4479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makuake Business Description

Address 2-16-1 Shibuya, Shibuya-ku, Daiwa Shibuya Miyamasuzaka Building 10th Floor, Tokyo, JPN, 150-0002
Makuake Inc is engaged in providing support services to the crowdfunding platform Makuake. Its services include Makuake, Makuake Government, Makuake Incubation Studio, Makuake SHOP, and Makuake Store.
74GF Score

Get the complete analysis for TSE:4479

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

円888.00
Price
円993.74
GF Value