Nulab (TSE:5033) Enterprise Value: 円2,826 Mil (As of Jul. 03, 2026) ***


TSE:5033 Nulab Inc TSE:5033
86 GF Score
Price 円913.00
GF Value 円1,078.51
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Nulab Enterprise Value?

Nulab TSE:5033 +0.77% 86 Enterprise Value is 円2,826 Mil as of Jul. 03, 2026. GuruFocus rates TSE:5033 with a GF Score™ of 86/100 and a GF Value™ of 円1,078.51 (Modestly Undervalued). The stock has 6 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, Nulab's Enterprise Value is 円2,826 Mil. Nulab's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円263 Mil. Therefore, Nulab's EV-to-EBIT ratio for today is 10.75.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Nulab's Enterprise Value is 円2,826 Mil. Nulab's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円383 Mil. Therefore, Nulab's EV-to-EBITDA ratio for today is 7.38.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nulab's Enterprise Value is 円2,826 Mil. Nulab's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,394 Mil. Therefore, Nulab's EV-to-Revenue ratio for today is 0.64.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Nulab's Enterprise Value is 円2,826 Mil. Nulab's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円283 Mil. Therefore, Nulab's EV-to-OCF ratio for today is 10.00.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Nulab's Enterprise Value is 円2,826 Mil. Nulab's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円-25 Mil. Therefore, Nulab's EV-to-FCF ratio for today is -115.28.

*** 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.


Nulab  (TSE:5033) 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.

Nulab's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2825.601/262.879
=10.75

Nulab's current Enterprise Value is 円2,826 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nulab's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円263 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2825.601/383.083
=7.38

Nulab's current Enterprise Value is 円2,826 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nulab's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円383 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2825.601/4393.663
=0.64

Nulab's current Enterprise Value is 円2,826 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nulab's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,394 Mil.

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

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2825.601/282.672
=10.00

Nulab's current Enterprise Value is 円2,826 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nulab's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円283 Mil.

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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2825.601/-24.511
=-115.28

Nulab's current Enterprise Value is 円2,826 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nulab's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円-25 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.


Nulab Enterprise Value Related Terms


Nulab Enterprise Value Historical Data

* Premium members only.

The historical data trend for Nulab'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.

Nulab Enterprise Value Chart

Nulab Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial 0.00 4,243.83 6,570.22 3,789.30 1,465.46

Nulab Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6,570.22 2,364.68 3,789.30 2,093.59 1,465.46

TSE:5033 vs UBER, SHOP, CRM: Enterprise Value Comparison

For the Software - Application subindustry, Nulab'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.


Nulab Enterprise Value vs Software Industry

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

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


TSE:5033
86GF Score
Nulab Inc TSE:5033
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nulab 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.

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

Nulab'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2,826 Mil mean?
Nulab (TSE:5033) has a Enterprise Value of 円2,826 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Nulab and its competitors.
Is Nulab's Enterprise Value too high?
Nulab's current Enterprise Value is 円2,826 Mil. Overall, Nulab has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nulab's Enterprise Value compare to UBER and SHOP?
Nulab's Enterprise Value of 円2,826 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 Nulab and its competitors. Nulab's current Enterprise Value is 円2,826 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nulab stock overvalued right now?
Based on GuruFocus' analysis, Nulab (TSE:5033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,078.51, compared to a current price of 円913.00 — trading 15.3% below its estimated fair value. The current Enterprise Value is 円2,826 Mil. Nulab's overall GF Score™ is 86/100 with 6 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 Nulab (TSE:5033), the current Enterprise Value is 円2,826 Mil as of Jul. 03, 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 Nulab (TSE:5033) Overvalued in 2026?

Based on GuruFocus' analysis, Nulab stock appears to be undervalued. The current stock price of 円913.00 is trading 15.3% below its estimated GF Value™ of 円1,078.51. GuruFocus considers Nulab to be Modestly Undervalued.

Key valuation signals for TSE:5033:

  • Enterprise Value: 円2,826 Mil
  • GF Value™: 円1,078.51 vs. price of 円913.00 (15.3% below fair value)
  • GF Score™: 86/100 with 6 warning signs

No single metric tells the full story. See the TSE:5033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nulab Business Description

Address 1-8-6 Daimyo, Chuo Ward, Fukuoka Prefecture, Fukuoka, JPN, 810-0041
Nulab Inc is engaged in developing and providing services that promote team collaboration. Its services are Backlog which is a Project management tool; Cacoo is a Visual collaboration tool; Typetalk is a Business chat tool; and Nulab Pass is a tool to strengthen information security and governance in organizations.
86GF Score

Get the complete analysis for TSE:5033

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

円913.00
Price
円1,078.51
GF Value