Tokyo Steel Manufacturing Co (TSE:5423) Enterprise Value: 円105,185 Mil (As of Jul. 05, 2026) ***


TSE:5423 Tokyo Steel Manufacturing Co Ltd TSE:5423
71 GF Score
Price 円1,750.00
GF Value 円1,496.96
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Tokyo Steel Manufacturing Co Enterprise Value?

Tokyo Steel Manufacturing Co TSE:5423 +2.10% 71 Enterprise Value is 円105,185 Mil as of Jul. 05, 2026. GuruFocus rates TSE:5423 with a GF Score™ of 71/100 and a GF Value™ of 円1,496.96 (Modestly Overvalued). The stock has 10 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, Tokyo Steel Manufacturing Co's Enterprise Value is 円105,185 Mil. Tokyo Steel Manufacturing Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円14,233 Mil. Therefore, Tokyo Steel Manufacturing Co's EV-to-EBIT ratio for today is 7.39.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tokyo Steel Manufacturing Co's Enterprise Value is 円105,185 Mil. Tokyo Steel Manufacturing Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円22,320 Mil. Therefore, Tokyo Steel Manufacturing Co's EV-to-EBITDA ratio for today is 4.71.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tokyo Steel Manufacturing Co's Enterprise Value is 円105,185 Mil. Tokyo Steel Manufacturing Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円268,095 Mil. Therefore, Tokyo Steel Manufacturing Co's EV-to-Revenue ratio for today is 0.39.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tokyo Steel Manufacturing Co's Enterprise Value is 円105,185 Mil. Tokyo Steel Manufacturing Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, Tokyo Steel Manufacturing 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, Tokyo Steel Manufacturing Co's Enterprise Value is 円105,185 Mil. Tokyo Steel Manufacturing Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, Tokyo Steel Manufacturing 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.


Tokyo Steel Manufacturing Co  (TSE:5423) 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.

Tokyo Steel Manufacturing Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=105185.051/14233
=7.39

Tokyo Steel Manufacturing Co's current Enterprise Value is 円105,185 Mil.
Tokyo Steel Manufacturing Co'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14,233 Mil.

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

Tokyo Steel Manufacturing Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=105185.051/22320
=4.71

Tokyo Steel Manufacturing Co's current Enterprise Value is 円105,185 Mil.
Tokyo Steel Manufacturing Co'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22,320 Mil.

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

Tokyo Steel Manufacturing Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=105185.051/268095
=0.39

Tokyo Steel Manufacturing Co's current Enterprise Value is 円105,185 Mil.
Tokyo Steel Manufacturing Co'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268,095 Mil.

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

Tokyo Steel Manufacturing Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=105185.051/0
=

Tokyo Steel Manufacturing Co's current Enterprise Value is 円105,185 Mil.
Tokyo Steel Manufacturing Co'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.

Tokyo Steel Manufacturing Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=105185.051/0
=

Tokyo Steel Manufacturing Co's current Enterprise Value is 円105,185 Mil.
Tokyo Steel Manufacturing Co'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.


Tokyo Steel Manufacturing Co Enterprise Value Related Terms


Tokyo Steel Manufacturing Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co Enterprise Value Chart

Tokyo Steel Manufacturing Co 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 67,392.40 66,642.02 71,026.99 69,493.86 92,180.36

Tokyo Steel Manufacturing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 69,493.86 64,659.12 62,494.16 61,287.52 92,180.36

TSE:5423 vs NUE, STLD, RS: Enterprise Value Comparison

For the Steel subindustry, Tokyo Steel Manufacturing 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.


Tokyo Steel Manufacturing Co Enterprise Value vs Steel Industry

For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tokyo Steel Manufacturing Co's Enterprise Value falls into.


TSE:5423
71GF Score
Tokyo Steel Manufacturing Co Ltd TSE:5423
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Tokyo Steel Manufacturing Co'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105,185 Mil mean?
Tokyo Steel Manufacturing Co (TSE:5423) has a Enterprise Value of 円105,185 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tokyo Steel Manufacturing Co and its competitors.
Is Tokyo Steel Manufacturing Co's Enterprise Value too high?
Tokyo Steel Manufacturing Co's current Enterprise Value is 円105,185 Mil. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's Enterprise Value compare to NUE and STLD?
Tokyo Steel Manufacturing Co's Enterprise Value of 円105,185 Mil can be compared against companies in the Steel 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 Steel company?
A good Enterprise Value depends on the Steel 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 Tokyo Steel Manufacturing Co and its competitors. Tokyo Steel Manufacturing Co's current Enterprise Value is 円105,185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co (TSE:5423) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,496.96, compared to a current price of 円1,750.00 — trading 16.9% above its estimated fair value. The current Enterprise Value is 円105,185 Mil. Tokyo Steel Manufacturing Co's overall GF Score™ is 71/100 with 10 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 Tokyo Steel Manufacturing Co (TSE:5423), the current Enterprise Value is 円105,185 Mil as of Jul. 05, 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 Tokyo Steel Manufacturing Co (TSE:5423) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued. The current stock price of 円1,750.00 is trading 16.9% above its estimated GF Value™ of 円1,496.96. GuruFocus considers Tokyo Steel Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TSE:5423:

  • Enterprise Value: 円105,185 Mil
  • GF Value™: 円1,496.96 vs. price of 円1,750.00 (16.9% above fair value)
  • GF Score™: 71/100 with 10 warning signs

No single metric tells the full story. See the TSE:5423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Steel Manufacturing Co Business Description

Other Exchanges TOKSF:USA
Address Kasumigaseki-Tokyu Bldg 15th Floor, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
71GF Score

Get the complete analysis for TSE:5423

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

円1,750.00
Price
円1,496.96
GF Value