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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, Howa Machinery's Enterprise Value is 円18,824 Mil.
Howa Machinery's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,393 Mil. Therefore, Howa Machinery's EV-to-EBIT ratio for today is 13.51.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Howa Machinery's Enterprise Value is 円18,824 Mil.
Howa Machinery's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,986 Mil. Therefore, Howa Machinery's EV-to-EBITDA ratio for today is 9.48.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Howa Machinery's Enterprise Value is 円18,824 Mil.
Howa Machinery's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円24,064 Mil. Therefore, Howa Machinery's EV-to-Revenue ratio for today is 0.78.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Howa Machinery's Enterprise Value is 円18,824 Mil.
Howa Machinery's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,519 Mil. Therefore, Howa Machinery's EV-to-FCF ratio for today is 4.17.
*** 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.
Howa Machinery (TSE:6203) 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.
Howa Machinery's current Enterprise Value is 円18,824 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Howa Machinery's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,393 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Howa Machinery's current Enterprise Value is 円18,824 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Howa Machinery's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,986 Mil.
Howa Machinery's current Enterprise Value is 円18,824 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Howa Machinery's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円24,064 Mil.
Howa Machinery's current Enterprise Value is 円18,824 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Howa Machinery's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,811 Mil.
Howa Machinery's current Enterprise Value is 円18,824 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Howa Machinery's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,519 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.
Howa Machinery Enterprise Value Related Terms
Howa Machinery Enterprise Value Historical Data
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The historical data trend for Howa Machinery'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:6203 vs GEV, ETN, PH: Enterprise Value Comparison
For the Specialty Industrial Machinery subindustry, Howa Machinery'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.
Howa Machinery Enterprise Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Howa Machinery's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Howa Machinery'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.
Howa Machinery'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.
Howa Machinery (TSE:6203) has a Enterprise Value of 円18,824 Mil as of Jul. 15, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Howa Machinery and its competitors.
Is Howa Machinery's Enterprise Value too high?
Howa Machinery's current Enterprise Value is 円18,824 Mil. Overall, Howa Machinery has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howa Machinery's Enterprise Value compare to GEV and ETN?
Howa Machinery's Enterprise Value of 円18,824 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Enterprise Value depends on the Industrial Products 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 Howa Machinery and its competitors. Howa Machinery's current Enterprise Value is 円18,824 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howa Machinery stock overvalued right now?
Based on GuruFocus' analysis, Howa Machinery (TSE:6203) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,025.15, compared to a current price of 円1,595.00 — trading 55.6% above its estimated fair value. The current Enterprise Value is 円18,824 Mil. Howa Machinery's overall GF Score™ is 61/100 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 Howa Machinery (TSE:6203), the current Enterprise Value is 円18,824 Mil as of Jul. 15, 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 Howa Machinery (TSE:6203) Overvalued in 2026?
Based on GuruFocus' analysis, Howa Machinery stock appears to be overvalued.
The current stock price of 円1,595.00 is trading 55.6% above its estimated GF Value™ of 円1,025.15.
GuruFocus considers Howa Machinery to be Significantly Overvalued.
Key valuation signals for TSE:6203:
Enterprise Value: 円18,824 Mil
GF Value™: 円1,025.15 vs. price of 円1,595.00 (55.6% above fair value)
No single metric tells the full story. See the TSE:6203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howa Machinery Ltd engages in the manufacture and sale of machine tools, pneumatic and hydraulic equipment, electronic machines, firearms, construction materials and construction machinery.
61GF Score
Get the complete analysis for TSE:6203
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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