Heiwa (FRA:HWC) EV-to-FCF: 75.63 (As of Jul. 03, 2026) — 272% Above Median


FRA:HWC Heiwa Corp FRA:HWC
66 GF Score
Price €10.60
GF Value €21.06
! 6 Warning Signs
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What is Heiwa EV-to-FCF?

Heiwa FRA:HWC +0.95% 66 EV-to-FCF is 75.63 as of Jul. 03, 2026, which is 272% above its 10-year median of 20.32. GuruFocus rates FRA:HWC with a GF Score™ of 66/100 and a GF Value™ of €21.06. The stock has 6 warning signs investors should review. Among 572 Travel & Leisure companies, Heiwa ranks worse than 90.03% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Heiwa's Enterprise Value is €3,959 Mil. Heiwa's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €52 Mil. Therefore, Heiwa's EV-to-FCF for today is 75.63.

The historical rank and industry rank for Heiwa's EV-to-FCF or its related term are showing as below:

FRA:HWC' s EV-to-FCF Range Over the Past 10 Years
Min: -460.39   Med: 20.32   Max: 802.76
Current: 75.17

During the past 13 years, the highest EV-to-FCF of Heiwa was 802.76. The lowest was -460.39. And the median was 20.32.

FRA:HWC's EV-to-FCF is ranked worse than
90.03% of 572 companies
in the Travel & Leisure industry
Industry Median: 15.75 vs FRA:HWC: 75.17

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-03), Heiwa's stock price is €10.60. Heiwa's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.698. Therefore, Heiwa's PE Ratio (TTM) for today is 15.19.


Heiwa  (FRA:HWC) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Heiwa's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.60/0.698
=15.19

Heiwa's share price for today is €10.60.
Heiwa's Earnings per Share (Diluted) 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 €0.698.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Heiwa EV-to-FCF Related Terms


Heiwa EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Heiwa's EV-to-FCF 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.

Heiwa EV-to-FCF Chart

Heiwa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.31 16.73 96.77 127.33 73.86

Heiwa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 127.33 78.37 99.52 82.18 73.86

FRA:HWC vs AS, HAS, LTH: EV-to-FCF Comparison

For the Leisure subindustry, Heiwa's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Heiwa EV-to-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Heiwa's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Heiwa's EV-to-FCF falls into.


FRA:HWC
66GF Score
Heiwa Corp FRA:HWC
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heiwa EV-to-FCF Calculation

Heiwa's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3958.680/52.345
=75.63

Heiwa's current Enterprise Value is €3,959 Mil.
Heiwa'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 €52 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 75.63 mean?
Heiwa (FRA:HWC) has a EV-to-FCF of 75.63 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Heiwa and its competitors. This is 272% above median its historical median of 20.32. According to the industry distribution chart, Heiwa ranks #515 out of 572 companies in the Travel & Leisure industry, placing it in the top 90%.
Is Heiwa's EV-to-FCF too high?
Heiwa's current EV-to-FCF of 75.63 is 272% above median its 10-year median of 20.32. The Travel & Leisure industry median EV-to-FCF is 15.75. Heiwa's value of 75.63 is 380.2% above this industry median. Based on the distribution chart, Heiwa ranks #515 out of 572 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Heiwa has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Heiwa's EV-to-FCF compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Heiwa ranks #515 out of 572 companies for EV-to-FCF. This places Heiwa in the lower half of its industry. The industry median EV-to-FCF is 15.75. Heiwa's value of 75.63 is 380.2% above this benchmark. While the company's 10-year median is 20.32 vs. the industry median of 15.75, Heiwa has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Travel & Leisure company?
The median EV-to-FCF among Travel & Leisure companies is 15.75, based on 572 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heiwa's current EV-to-FCF of 75.63 is 380.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Heiwa and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heiwa's current EV-to-FCF is 75.63, which is 272% above median its own 10-year median of 20.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa stock overvalued right now?
Heiwa (FRA:HWC) has a current EV-to-FCF of 75.63. The stock's GF Value™ is €21.06, compared to a current price of €10.60 — trading 49.7% below its estimated fair value. The current EV-to-FCF is 75.63, which is 272% above median its 10-year median of 20.32 and 380.2% above the Travel & Leisure industry median of 15.75. Heiwa's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Heiwa (FRA:HWC), the current EV-to-FCF is 75.63 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 Heiwa (FRA:HWC) Overvalued in 2026?

Based on GuruFocus' analysis, Heiwa stock appears to be undervalued. The current stock price of €10.60 is trading 49.7% below its estimated GF Value™ of €21.06.

Key valuation signals for FRA:HWC:

  • EV-to-FCF: 75.63 (272% above median its 10-year median of 20.32)
  • GF Value™: €21.06 vs. price of €10.60 (49.7% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 380.2% above the Travel & Leisure median (#515 of 572)

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


Heiwa Business Description

Other Exchanges 6412:Japan
Address 1 Chome-16-1 Higashiueno, Taito-ku, Tokyo, JPN, 110-0015
Heiwa Corp is a gambling company involved in the manufacturing and sales of pachinko and pachislot machines. The company operates in two business segments: game machines and golf. The game machine business develops pachinko machines, a gambling device with pinball-like characteristics, which are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls, which can then be exchanged for prizes. Pachislot machines, which are a similar gambling device with characteristics of pachinko and slot machines, are developed in a similar manner. The company's golf segment operates a number of golf courses. Heiwa generates the vast majority of its revenue in Japan.
66GF Score

Get the complete analysis for FRA:HWC

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

€10.60
Price
€21.06
GF Value