Greenland Resort Co (TSE:9656) Enterprise Value: 円12,267 Mil (As of Jul. 03, 2026) ***


TSE:9656 Greenland Resort Co Ltd TSE:9656
60 GF Score
Price 円598.00
GF Value 円639.58
Valuation Fairly Valued
! 5 Warning Signs
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What is Greenland Resort Co Enterprise Value?

Greenland Resort Co TSE:9656 60 Enterprise Value is 円12,267 Mil as of Jul. 03, 2026. GuruFocus rates TSE:9656 with a GF Score™ of 60/100 and a GF Value™ of 円639.58 (Fairly Valued). The stock has 5 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, Greenland Resort Co's Enterprise Value is 円12,267 Mil. Greenland Resort Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was 円229 Mil. Therefore, Greenland Resort Co's EV-to-EBIT ratio for today is 53.55.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Greenland Resort Co's Enterprise Value is 円12,267 Mil. Greenland Resort Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was 円400 Mil. Therefore, Greenland Resort Co's EV-to-EBITDA ratio for today is 30.68.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Greenland Resort Co's Enterprise Value is 円12,267 Mil. Greenland Resort Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was 円3,013 Mil. Therefore, Greenland Resort Co's EV-to-Revenue ratio for today is 4.07.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Greenland Resort Co's Enterprise Value is 円12,267 Mil. Greenland Resort Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 円0 Mil. Therefore, Greenland Resort 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, Greenland Resort Co's Enterprise Value is 円12,267 Mil. Greenland Resort Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was 円0 Mil. Therefore, Greenland Resort 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.


Greenland Resort Co  (TSE:9656) 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.

Greenland Resort Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12266.857/229.063
=53.55

Greenland Resort Co's current Enterprise Value is 円12,267 Mil.
Greenland Resort Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円229 Mil.

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

Greenland Resort Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=12266.857/399.843
=30.68

Greenland Resort Co's current Enterprise Value is 円12,267 Mil.
Greenland Resort Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円400 Mil.

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

Greenland Resort Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=12266.857/3012.974
=4.07

Greenland Resort Co's current Enterprise Value is 円12,267 Mil.
Greenland Resort Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,013 Mil.

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

Greenland Resort Co's EV-to-OCF for today is:


Greenland Resort Co's current Enterprise Value is 円12,267 Mil.
Greenland Resort Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 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.

Greenland Resort Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=12266.857/0
=

Greenland Resort Co's current Enterprise Value is 円12,267 Mil.
Greenland Resort Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 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.


Greenland Resort Co Enterprise Value Related Terms


Greenland Resort Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Greenland Resort 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.

Greenland Resort Co Enterprise Value Chart

Greenland Resort Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,555.03 11,086.64 12,444.85 11,459.28 12,256.13

Greenland Resort Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 11,459.28 11,983.85 11,994.93 12,256.13 12,369.97

TSE:9656 vs LVS, MGM, WYNN: Enterprise Value Comparison

For the Resorts & Casinos subindustry, Greenland Resort 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.


Greenland Resort Co Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greenland Resort Co's Enterprise Value distribution charts can be found below:

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


TSE:9656
60GF Score
Greenland Resort Co Ltd TSE:9656
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenland Resort 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.

Greenland Resort Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Greenland Resort Co's Enterprise Value for the quarter that ended in Dec. 2025 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12,267 Mil mean?
Greenland Resort Co (TSE:9656) has a Enterprise Value of 円12,267 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 Greenland Resort Co and its competitors.
Is Greenland Resort Co's Enterprise Value too high?
Greenland Resort Co's current Enterprise Value is 円12,267 Mil. Overall, Greenland Resort Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenland Resort Co's Enterprise Value compare to LVS and MGM?
Greenland Resort Co's Enterprise Value of 円12,267 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure 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 Greenland Resort Co and its competitors. Greenland Resort Co's current Enterprise Value is 円12,267 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Resort Co stock overvalued right now?
Based on GuruFocus' analysis, Greenland Resort Co (TSE:9656) is currently considered Fairly Valued. The stock's GF Value™ is 円639.58, compared to a current price of 円598.00 — trading 6.5% below its estimated fair value. The current Enterprise Value is 円12,267 Mil. Greenland Resort Co's overall GF Score™ is 60/100 with 5 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 Greenland Resort Co (TSE:9656), the current Enterprise Value is 円12,267 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 Greenland Resort Co (TSE:9656) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Resort Co stock appears to be undervalued. The current stock price of 円598.00 is trading 6.5% below its estimated GF Value™ of 円639.58. GuruFocus considers Greenland Resort Co to be Fairly Valued.

Key valuation signals for TSE:9656:

  • Enterprise Value: 円12,267 Mil
  • GF Value™: 円639.58 vs. price of 円598.00 (6.5% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the TSE:9656 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenland Resort Co Business Description

Address 1616 Shimoide, Kumamoto Prefecture, Arao, JPN, 864-8691
Greenland Resort Co Ltd is a Japan-based company engaged in the leisure business. The group primarily engages in the management and operation of amusement parks, hotels, golf courses, and related facilities. Its core business segments include the amusement park business, golf business, hotel business, real estate business, and civil engineering and construction. It also offers tourism services and manages restaurants and sports facilities.
60GF Score

Get the complete analysis for TSE:9656

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

円598.00
Price
円639.58
GF Value