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, Monex Group's Enterprise Value is 円233,410 Mil.
Monex Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円24,454 Mil. Therefore, Monex Group's EV-to-EBIT ratio for today is 9.54.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Monex Group's Enterprise Value is 円233,410 Mil.
Monex Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円29,465 Mil. Therefore, Monex Group's EV-to-EBITDA ratio for today is 7.92.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Monex Group's Enterprise Value is 円233,410 Mil.
Monex Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円89,824 Mil. Therefore, Monex Group's EV-to-Revenue ratio for today is 2.60.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Monex Group's Enterprise Value is 円233,410 Mil.
Monex Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円8,742 Mil. Therefore, Monex Group's EV-to-FCF ratio for today is 26.70.
*** 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.
Monex Group (TSE:8698) 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.
Monex Group's current Enterprise Value is 円233,410 Mil.
Monex Group'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24,454 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Monex Group's current Enterprise Value is 円233,410 Mil.
Monex Group'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29,465 Mil.
Monex Group's current Enterprise Value is 円233,410 Mil.
Monex Group'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89,824 Mil.
Monex Group's current Enterprise Value is 円233,410 Mil.
Monex Group'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9,963 Mil.
Monex Group's current Enterprise Value is 円233,410 Mil.
Monex Group'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8,742 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.
Monex Group Enterprise Value Related Terms
Monex Group Enterprise Value Historical Data
* Premium members only.
The historical data trend for Monex Group'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:8698 vs MS, GS, SCHW: Enterprise Value Comparison
For the Capital Markets subindustry, Monex Group'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.
Monex Group Enterprise Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Monex Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Monex Group'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.
Monex Group'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233,410 Mil mean?
Monex Group (TSE:8698) has a Enterprise Value of 円233,410 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Monex Group and its competitors.
Is Monex Group's Enterprise Value too high?
Monex Group's current Enterprise Value is 円233,410 Mil. Overall, Monex Group has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monex Group's Enterprise Value compare to MS and GS?
Monex Group's Enterprise Value of 円233,410 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Enterprise Value depends on the Capital Markets 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 Monex Group and its competitors. Monex Group's current Enterprise Value is 円233,410 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monex Group stock overvalued right now?
Based on GuruFocus' analysis, Monex Group (TSE:8698) is currently considered Modestly Undervalued. The stock's GF Value™ is 円800.14, compared to a current price of 円678.00 — trading 15.3% below its estimated fair value. The current Enterprise Value is 円233,410 Mil. Monex Group's overall GF Score™ is 57/100 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 Monex Group (TSE:8698), the current Enterprise Value is 円233,410 Mil as of Jul. 02, 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 Monex Group (TSE:8698) Overvalued in 2026?
Based on GuruFocus' analysis, Monex Group stock appears to be undervalued.
The current stock price of 円678.00 is trading 15.3% below its estimated GF Value™ of 円800.14.
GuruFocus considers Monex Group to be Modestly Undervalued.
Key valuation signals for TSE:8698:
Enterprise Value: 円233,410 Mil
GF Value™: 円800.14 vs. price of 円678.00 (15.3% below fair value)
No single metric tells the full story. See the TSE:8698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.
57GF Score
Get the complete analysis for TSE:8698
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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