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, Are Holdings's Enterprise Value is 円381,329 Mil.
Are Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円37,957 Mil. Therefore, Are Holdings's EV-to-EBIT ratio for today is 10.05.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Are Holdings's Enterprise Value is 円381,329 Mil.
Are Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円40,935 Mil. Therefore, Are Holdings's EV-to-EBITDA ratio for today is 9.32.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Are Holdings's Enterprise Value is 円381,329 Mil.
Are Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円569,992 Mil. Therefore, Are Holdings's EV-to-Revenue ratio for today is 0.67.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Are Holdings's Enterprise Value is 円381,329 Mil.
Are Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円-108,534 Mil. Therefore, Are Holdings's EV-to-FCF ratio for today is -3.51.
*** 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.
Are Holdings (TSE:5857) 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.
Are Holdings's current Enterprise Value is 円381,329 Mil.
Are Holdings'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37,957 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Are Holdings's current Enterprise Value is 円381,329 Mil.
Are Holdings'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40,935 Mil.
Are Holdings's current Enterprise Value is 円381,329 Mil.
Are Holdings'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569,992 Mil.
Are Holdings's current Enterprise Value is 円381,329 Mil.
Are Holdings'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-99,385 Mil.
Are Holdings's current Enterprise Value is 円381,329 Mil.
Are Holdings'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-108,534 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.
Are Holdings Enterprise Value Related Terms
Are Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for Are Holdings'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:5857 vs WM, RSG, WCN: Enterprise Value Comparison
For the Waste Management subindustry, Are Holdings'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.
Are Holdings Enterprise Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Are Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Are Holdings'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.
Are Holdings's Enterprise Value for the fiscal year 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.
What does a Enterprise Value of 円381,329 Mil mean?
Are Holdings (TSE:5857) has a Enterprise Value of 円381,329 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 Are Holdings and its competitors.
Is Are Holdings' Enterprise Value too high?
Are Holdings' current Enterprise Value is 円381,329 Mil. Overall, Are Holdings has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Are Holdings' Enterprise Value compare to WM and RSG?
Are Holdings' Enterprise Value of 円381,329 Mil can be compared against companies in the Waste 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 a Waste Management company?
A good Enterprise Value depends on the Waste 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 Are Holdings and its competitors. Are Holdings's current Enterprise Value is 円381,329 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Are Holdings stock overvalued right now?
Based on GuruFocus' analysis, Are Holdings (TSE:5857) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,908.14, compared to a current price of 円3,035.00 — trading 22.3% below its estimated fair value. The current Enterprise Value is 円381,329 Mil. Are Holdings' overall GF Score™ is 85/100 with 7 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 Are Holdings (TSE:5857), the current Enterprise Value is 円381,329 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 Are Holdings (TSE:5857) Overvalued in 2026?
Based on GuruFocus' analysis, Are Holdings stock appears to be undervalued.
The current stock price of 円3,035.00 is trading 22.3% below its estimated GF Value™ of 円3,908.14.
GuruFocus considers Are Holdings to be Modestly Undervalued.
Key valuation signals for TSE:5857:
Enterprise Value: 円381,329 Mil
GF Value™: 円3,908.14 vs. price of 円3,035.00 (22.3% below fair value)
No single metric tells the full story. See the TSE:5857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.
85GF Score
Get the complete analysis for TSE:5857
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5857 has been successfully added to your 
