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, Vario Secure's Enterprise Value is 円3,079 Mil.
Vario Secure's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円288 Mil. Therefore, Vario Secure's EV-to-EBIT ratio for today is 10.69.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vario Secure's Enterprise Value is 円3,079 Mil.
Vario Secure's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円492 Mil. Therefore, Vario Secure's EV-to-EBITDA ratio for today is 6.26.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vario Secure's Enterprise Value is 円3,079 Mil.
Vario Secure's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was 円2,843 Mil. Therefore, Vario Secure's EV-to-Revenue ratio for today is 1.08.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vario Secure's Enterprise Value is 円3,079 Mil.
Vario Secure's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円515 Mil. Therefore, Vario Secure's EV-to-FCF ratio for today is 5.98.
*** 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.
Vario Secure (TSE:4494) 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.
Vario Secure's current Enterprise Value is 円3,079 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vario Secure's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円288 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Vario Secure's current Enterprise Value is 円3,079 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vario Secure's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円492 Mil.
Vario Secure's current Enterprise Value is 円3,079 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vario Secure's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was 円2,843 Mil.
Vario Secure's current Enterprise Value is 円3,079 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vario Secure's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was 円615 Mil.
Vario Secure's current Enterprise Value is 円3,079 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vario Secure's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円515 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.
Vario Secure Enterprise Value Related Terms
Vario Secure Enterprise Value Historical Data
* Premium members only.
The historical data trend for Vario Secure'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.
TSE:4494 vs MSFT, ORCL, PLTR: Enterprise Value Comparison
For the Software - Infrastructure subindustry, Vario Secure'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.
Vario Secure Enterprise Value vs Software Industry
For the Software industry and Technology sector, Vario Secure's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Vario Secure's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Vario Secure's Enterprise Value for the fiscal year that ended in Feb. 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.
Vario Secure (TSE:4494) has a Enterprise Value of 円3,079 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vario Secure and its competitors.
Is Vario Secure's Enterprise Value too high?
Vario Secure's current Enterprise Value is 円3,079 Mil. Overall, Vario Secure has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's Enterprise Value compare to MSFT and ORCL?
Vario Secure's Enterprise Value of 円3,079 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 Vario Secure and its competitors. Vario Secure's current Enterprise Value is 円3,079 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Based on GuruFocus' analysis, Vario Secure (TSE:4494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current Enterprise Value is 円3,079 Mil. Vario Secure's overall GF Score™ is 50/100 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 Vario Secure (TSE:4494), the current Enterprise Value is 円3,079 Mil as of Jul. 12, 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 Vario Secure (TSE:4494) Overvalued in 2026?
Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued.
The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08.
GuruFocus considers Vario Secure to be Modestly Undervalued.
Key valuation signals for TSE:4494:
Enterprise Value: 円3,079 Mil
GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
50GF Score
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