Tosho Co (TSE:8920) Enterprise Value: 円31,765 Mil (As of Jul. 03, 2026) ***


TSE:8920 Tosho Co Ltd TSE:8920
88 GF Score
Price 円764.00
GF Value 円648.97
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Tosho Co Enterprise Value?

Tosho Co TSE:8920 +1.87% 88 Enterprise Value is 円31,765 Mil as of Jul. 03, 2026. GuruFocus rates TSE:8920 with a GF Score™ of 88/100 and a GF Value™ of 円648.97 (Modestly Overvalued). 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, Tosho Co's Enterprise Value is 円31,765 Mil. Tosho Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円7,708 Mil. Therefore, Tosho Co's EV-to-EBIT ratio for today is 4.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tosho Co's Enterprise Value is 円31,765 Mil. Tosho Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円9,972 Mil. Therefore, Tosho Co's EV-to-EBITDA ratio for today is 3.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tosho Co's Enterprise Value is 円31,765 Mil. Tosho Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円27,596 Mil. Therefore, Tosho Co's EV-to-Revenue ratio for today is 1.15.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tosho Co's Enterprise Value is 円31,765 Mil. Tosho Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, Tosho 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, Tosho Co's Enterprise Value is 円31,765 Mil. Tosho Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil. Therefore, Tosho 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.


Tosho Co  (TSE:8920) 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.

Tosho Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=31765.348/7708.109
=4.12

Tosho Co's current Enterprise Value is 円31,765 Mil.
Tosho 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7,708 Mil.

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

Tosho Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=31765.348/9971.871
=3.19

Tosho Co's current Enterprise Value is 円31,765 Mil.
Tosho 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9,972 Mil.

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

Tosho Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=31765.348/27595.541
=1.15

Tosho Co's current Enterprise Value is 円31,765 Mil.
Tosho 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27,596 Mil.

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

Tosho Co's EV-to-OCF for today is:


Tosho Co's current Enterprise Value is 円31,765 Mil.
Tosho 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.

Tosho Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=31765.348/0
=

Tosho Co's current Enterprise Value is 円31,765 Mil.
Tosho 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.


Tosho Co Enterprise Value Related Terms


Tosho Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tosho 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.

Tosho Co Enterprise Value Chart

Tosho 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 72,156.02 64,453.04 42,280.84 29,187.81 34,642.62

Tosho 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 29,187.81 28,567.97 33,038.17 33,038.01 34,642.62

TSE:8920 vs HON, MMM: Enterprise Value Comparison

For the Conglomerates subindustry, Tosho 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.


Tosho Co Enterprise Value vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tosho Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tosho Co's Enterprise Value falls into.


TSE:8920
88GF Score
Tosho Co Ltd TSE:8920
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tosho 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.

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

Tosho 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31,765 Mil mean?
Tosho Co (TSE:8920) has a Enterprise Value of 円31,765 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tosho Co and its competitors.
Is Tosho Co's Enterprise Value too high?
Tosho Co's current Enterprise Value is 円31,765 Mil. Overall, Tosho Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tosho Co's Enterprise Value compare to HON and MMM?
Tosho Co's Enterprise Value of 円31,765 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Enterprise Value depends on the Conglomerates 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 Tosho Co and its competitors. Tosho Co's current Enterprise Value is 円31,765 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosho Co stock overvalued right now?
Based on GuruFocus' analysis, Tosho Co (TSE:8920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円648.97, compared to a current price of 円764.00 — trading 17.7% above its estimated fair value. The current Enterprise Value is 円31,765 Mil. Tosho Co's overall GF Score™ is 88/100 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 Tosho Co (TSE:8920), the current Enterprise Value is 円31,765 Mil as of Jul. 03, 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 Tosho Co (TSE:8920) Overvalued in 2026?

Based on GuruFocus' analysis, Tosho Co stock appears to be overvalued. The current stock price of 円764.00 is trading 17.7% above its estimated GF Value™ of 円648.97. GuruFocus considers Tosho Co to be Modestly Overvalued.

Key valuation signals for TSE:8920:

  • Enterprise Value: 円31,765 Mil
  • GF Value™: 円648.97 vs. price of 円764.00 (17.7% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the TSE:8920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tosho Co Business Description

Address 1-16-5, Mikawaanjocho, Anjo-Shi, Aichi, JPN, 446-0056
Tosho Co Ltd is mainly engaged in the operation of sports clubs in Japan. It mainly operates membership sports clubs under the name Holiday Sports Club and golf practice ranges under the name Holiday Golf Garden. The company's business segment includes Sports club business; Hotel business and Real estate business. It generates maximum revenue from the Sports club business segment.
88GF Score

Get the complete analysis for TSE:8920

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

円764.00
Price
円648.97
GF Value