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, ASNOVA Co's Enterprise Value is 円11,732 Mil.
ASNOVA Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円18 Mil. Therefore, ASNOVA Co's EV-to-EBIT ratio for today is 640.63.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ASNOVA Co's Enterprise Value is 円11,732 Mil.
ASNOVA Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,086 Mil. Therefore, ASNOVA Co's EV-to-EBITDA ratio for today is 5.62.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ASNOVA Co's Enterprise Value is 円11,732 Mil.
ASNOVA Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,915 Mil. Therefore, ASNOVA Co's EV-to-Revenue ratio for today is 2.39.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, ASNOVA Co's Enterprise Value is 円11,732 Mil.
ASNOVA Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,241 Mil. Therefore, ASNOVA Co's EV-to-FCF ratio for today is 9.45.
*** 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.
ASNOVA Co (TSE:9223) 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.
ASNOVA Co's current Enterprise Value is 円11,732 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ASNOVA Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円18 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
ASNOVA Co's current Enterprise Value is 円11,732 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ASNOVA Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,086 Mil.
ASNOVA Co's current Enterprise Value is 円11,732 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ASNOVA Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,915 Mil.
ASNOVA Co's current Enterprise Value is 円11,732 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ASNOVA Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,753 Mil.
ASNOVA Co's current Enterprise Value is 円11,732 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. ASNOVA Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,241 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.
ASNOVA Co Enterprise Value Related Terms
ASNOVA Co Enterprise Value Historical Data
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The historical data trend for ASNOVA 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.
TSE:9223 vs URI, SUNB, AER: Enterprise Value Comparison
For the Rental & Leasing Services subindustry, ASNOVA 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.
ASNOVA Co Enterprise Value vs Business Services Industry
For the Business Services industry and Industrials sector, ASNOVA Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where ASNOVA Co'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.
ASNOVA Co'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.
ASNOVA Co (TSE:9223) has a Enterprise Value of 円11,732 Mil as of Jul. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on ASNOVA Co and its competitors.
Is ASNOVA Co's Enterprise Value too high?
ASNOVA Co's current Enterprise Value is 円11,732 Mil. Overall, ASNOVA Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does ASNOVA Co's Enterprise Value compare to URI and SUNB?
ASNOVA Co's Enterprise Value of 円11,732 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Enterprise Value depends on the Business Services 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 ASNOVA Co and its competitors. ASNOVA Co's current Enterprise Value is 円11,732 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASNOVA Co stock overvalued right now?
ASNOVA Co (TSE:9223) has a current Enterprise Value of 円11,732 Mil. The current Enterprise Value is 円11,732 Mil. ASNOVA Co's overall GF Score™ is 30/100 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 ASNOVA Co (TSE:9223), the current Enterprise Value is 円11,732 Mil as of Jul. 09, 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.
ASNOVA Co Ltd is engaged in the temporary equipment rental business, mainly focused on wedge-type scaffolding, which is used for low- to mid-rise buildings, mainly detached houses, and its main features are its high construction efficiency, transportation efficiency, and storage efficiency.
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