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, Step Co's Enterprise Value is 円27,006 Mil.
Step Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,924 Mil. Therefore, Step Co's EV-to-EBIT ratio for today is 6.88.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Step Co's Enterprise Value is 円27,006 Mil.
Step Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,458 Mil. Therefore, Step Co's EV-to-EBITDA ratio for today is 6.06.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Step Co's Enterprise Value is 円27,006 Mil.
Step Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円16,044 Mil. Therefore, Step Co's EV-to-Revenue ratio for today is 1.68.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Step Co's Enterprise Value is 円27,006 Mil.
Step Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,106 Mil. Therefore, Step Co's EV-to-FCF ratio for today is 8.69.
*** 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.
Step Co (TSE:9795) 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.
Step Co's current Enterprise Value is 円27,006 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Step Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,924 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Step Co's current Enterprise Value is 円27,006 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Step Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,458 Mil.
Step Co's current Enterprise Value is 円27,006 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Step Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円16,044 Mil.
Step Co's current Enterprise Value is 円27,006 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Step Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,404 Mil.
Step Co's current Enterprise Value is 円27,006 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Step Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,106 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.
Step Co Enterprise Value Related Terms
Step Co Enterprise Value Historical Data
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The historical data trend for Step 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:9795 vs EDU, TAL, LAUR: Enterprise Value Comparison
For the Education & Training Services subindustry, Step 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.
Step Co Enterprise Value vs Education Industry
For the Education industry and Consumer Defensive sector, Step Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Step 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.
Step Co's Enterprise Value for the fiscal year that ended in Sep. 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.
Step Co (TSE:9795) has a Enterprise Value of 円27,006 Mil as of Jul. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Step Co and its competitors.
Is Step Co's Enterprise Value too high?
Step Co's current Enterprise Value is 円27,006 Mil. Overall, Step Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Step Co's Enterprise Value compare to EDU and TAL?
Step Co's Enterprise Value of 円27,006 Mil can be compared against companies in the Education 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 an Education company?
A good Enterprise Value depends on the Education 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 Step Co and its competitors. Step Co's current Enterprise Value is 円27,006 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step Co stock overvalued right now?
Based on GuruFocus' analysis, Step Co (TSE:9795) is currently considered Fairly Valued. The stock's GF Value™ is 円2,361.64, compared to a current price of 円2,226.00 — trading 5.7% below its estimated fair value. The current Enterprise Value is 円27,006 Mil. Step Co's overall GF Score™ is 74/100. 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 Step Co (TSE:9795), the current Enterprise Value is 円27,006 Mil as of Jul. 06, 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 Step Co (TSE:9795) Overvalued in 2026?
Based on GuruFocus' analysis, Step Co stock appears to be undervalued.
The current stock price of 円2,226.00 is trading 5.7% below its estimated GF Value™ of 円2,361.64.
GuruFocus considers Step Co to be Fairly Valued.
Key valuation signals for TSE:9795:
Enterprise Value: 円27,006 Mil
GF Value™: 円2,361.64 vs. price of 円2,226.00 (5.7% below fair value)
No single metric tells the full story. See the TSE:9795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Step Co Ltd is a Japan-based company engaged in the operation of private preparatory schools. The company operates cram schools and after-school care facilities, and produces and edits educational materials, as well as prints and binds books. The company is engaged in providing high school entrance exam preparation courses, Teaching Materials Research Division produces manuscripts and original plates for teaching materials, academic programs, physical education, and shogi (Japanese chess), and other activities.
74GF Score
Get the complete analysis for TSE:9795
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