TRaaS On Product (TSE:6696) Enterprise Value: 円1,249.2 Mil (As of Jul. 16, 2026) ***

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TSE:6696 TRaaS On Product Inc TSE:6696
50 GF Score
Price 円291.00
GF Value 円488.75
Valuation Possible Value Trap
! 2 Warning Signs
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What is TRaaS On Product Enterprise Value?

TRaaS On Product TSE:6696 -3.32% 50 Enterprise Value is 円1,249.2 Mil as of Jul. 16, 2026. GuruFocus rates TSE:6696 with a GF Score™ of 50/100 and a GF Value™ of 円488.75 (Possible Value Trap). The stock has 2 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, TRaaS On Product's Enterprise Value is 円1,249.2 Mil. TRaaS On Product's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was 円-49.7 Mil. Therefore, TRaaS On Product's EV-to-EBIT ratio for today is -25.13.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, TRaaS On Product's Enterprise Value is 円1,249.2 Mil. TRaaS On Product's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was 円-32.6 Mil. Therefore, TRaaS On Product's EV-to-EBITDA ratio for today is -38.26.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, TRaaS On Product's Enterprise Value is 円1,249.2 Mil. TRaaS On Product's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was 円180.0 Mil. Therefore, TRaaS On Product's EV-to-Revenue ratio for today is 6.94.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, TRaaS On Product's Enterprise Value is 円1,249.2 Mil. TRaaS On Product's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was 円0.0 Mil. Therefore, TRaaS On Product'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, TRaaS On Product's Enterprise Value is 円1,249.2 Mil. TRaaS On Product's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was 円0.0 Mil. Therefore, TRaaS On Product'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.


TRaaS On Product  (TSE:6696) 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.

TRaaS On Product's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1249.227/-49.703
=-25.13

TRaaS On Product's current Enterprise Value is 円1,249.2 Mil.
TRaaS On Product's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-49.7 Mil.

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

TRaaS On Product's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1249.227/-32.648
=-38.26

TRaaS On Product's current Enterprise Value is 円1,249.2 Mil.
TRaaS On Product's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-32.6 Mil.

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

TRaaS On Product's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1249.227/179.979
=6.94

TRaaS On Product's current Enterprise Value is 円1,249.2 Mil.
TRaaS On Product's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円180.0 Mil.

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

TRaaS On Product's EV-to-OCF for today is:


TRaaS On Product's current Enterprise Value is 円1,249.2 Mil.
TRaaS On Product's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円0.0 Mil.

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

TRaaS On Product's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1249.227/0
=

TRaaS On Product's current Enterprise Value is 円1,249.2 Mil.
TRaaS On Product's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円0.0 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.


TRaaS On Product Enterprise Value Related Terms


TRaaS On Product Enterprise Value Historical Data

* Premium members only.

The historical data trend for TRaaS On Product'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.

TRaaS On Product Enterprise Value Chart

TRaaS On Product Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,071.32 1,964.96 1,049.44 1,704.10 1,769.43

TRaaS On Product Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2,240.05 2,391.93 1,572.29 1,769.43 1,563.02

TSE:6696 vs CSCO, CIEN, MSI: Enterprise Value Comparison

For the Communication Equipment subindustry, TRaaS On Product'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.


TRaaS On Product Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, TRaaS On Product's Enterprise Value distribution charts can be found below:

* The bar in red indicates where TRaaS On Product's Enterprise Value falls into.


TSE:6696
50GF Score
TRaaS On Product Inc TSE:6696
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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TRaaS On Product 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.

TRaaS On Product's Enterprise Value for the fiscal year that ended in Jan. 2026 is calculated as

TRaaS On Product's Enterprise Value for the quarter that ended in Jan. 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1,249.2 Mil mean?
TRaaS On Product (TSE:6696) has a Enterprise Value of 円1,249.2 Mil as of Jul. 16, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on TRaaS On Product and its competitors.
Is TRaaS On Product's Enterprise Value too high?
TRaaS On Product's current Enterprise Value is 円1,249.2 Mil. Overall, TRaaS On Product has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRaaS On Product's Enterprise Value compare to CSCO and CIEN?
TRaaS On Product's Enterprise Value of 円1,249.2 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 TRaaS On Product and its competitors. TRaaS On Product's current Enterprise Value is 円1,249.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRaaS On Product stock overvalued right now?
Based on GuruFocus' analysis, TRaaS On Product (TSE:6696) is currently considered Possible Value Trap. The stock's GF Value™ is 円488.75, compared to a current price of 円291.00 — trading 40.5% below its estimated fair value. The current Enterprise Value is 円1,249.2 Mil. TRaaS On Product's overall GF Score™ is 50/100 with 2 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 TRaaS On Product (TSE:6696), the current Enterprise Value is 円1,249.2 Mil as of Jul. 16, 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 TRaaS On Product (TSE:6696) Overvalued in 2026?

Based on GuruFocus' analysis, TRaaS On Product stock appears to be undervalued. The current stock price of 円291.00 is trading 40.5% below its estimated GF Value™ of 円488.75. GuruFocus considers TRaaS On Product to be Possible Value Trap.

Key valuation signals for TSE:6696:

  • Enterprise Value: 円1,249.2 Mil
  • GF Value™: 円488.75 vs. price of 円291.00 (40.5% below fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the TSE:6696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRaaS On Product Business Description

Address 2-9-30 Kitasaiwai, Nishi Ward, Yokohama Nishiguchi Kato Building2nd floor, Kanagawa Prefecture, Yokohama, JPN, 220-0004
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.
50GF Score

Get the complete analysis for TSE:6696

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

円291.00
Price
円488.75
GF Value