Japan TobaccoJAPAF 78 EV-to-FCF is 26.60 as of Jun. 25, 2026, which is 72% above its 10-year median of 15.45. GuruFocus rates JAPAF with a GF Score™ of 78/100 and a GF Value™ of $33.10 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 31 Tobacco Products companies, Japan Tobacco ranks worse than 80.65% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Japan Tobacco's Enterprise Value is $71,081 Mil.
Japan Tobacco's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $2,672 Mil. Therefore, Japan Tobacco's EV-to-FCF for today is 26.60.
The historical rank and industry rank for Japan Tobacco's EV-to-FCF or its related term are showing as below:
JAPAF'
s EV-to-FCF Range Over the Past 10 Years
Min: 6.65 Med: 15.45 Max: 40.26
Current: 26.6
During the past 13 years, the highest EV-to-FCF of Japan Tobacco was 40.26. The lowest was 6.65. And the median was 15.45.
JAPAF's EV-to-FCF is ranked worse than 80.65% of 31
companies
in the Tobacco Products industry
Industry Median: 15.01
vs JAPAF: 26.60
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.
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.
Japan Tobacco's PE Ratio (TTM) for today is calculated as:
Japan Tobacco's share price for today is $37.74.
Japan Tobacco'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 $2.057.
* 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.
Japan Tobacco EV-to-FCF Related Terms
Japan Tobacco EV-to-FCF Historical Data
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The historical data trend for Japan Tobacco'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.
For the Tobacco subindustry, Japan Tobacco'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.
Japan Tobacco EV-to-FCF vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Japan Tobacco's EV-to-FCF falls into.
Japan Tobacco's current Enterprise Value is $71,081 Mil.
Japan Tobacco'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 $2,672 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.
Japan Tobacco (JAPAF) has a EV-to-FCF of 26.60 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Japan Tobacco and its competitors. This is 72% above median its historical median of 15.45. Over the past decade, Japan Tobacco's EV-to-FCF has ranged from 6.65 to 40.26. According to the industry distribution chart, Japan Tobacco ranks #25 out of 31 companies in the Tobacco Products industry, placing it in the top 80.6%.
Is Japan Tobacco's EV-to-FCF too high?
Japan Tobacco's current EV-to-FCF of 26.60 is 72% above median its 10-year median of 15.45. Over the past 10 years, this metric has ranged from a low of 6.65 to a high of 40.26. The Tobacco Products industry median EV-to-FCF is 15.01. Japan Tobacco's value of 26.60 is 77.2% above this industry median. Based on the distribution chart, Japan Tobacco ranks #25 out of 31 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Japan Tobacco has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's EV-to-FCF compare to PM and MO?
According to the Tobacco Products industry distribution chart, Japan Tobacco ranks #25 out of 31 companies for EV-to-FCF. This places Japan Tobacco in the lower half of its industry. The industry median EV-to-FCF is 15.01. Japan Tobacco's value of 26.60 is 77.2% above this benchmark. Historically, Japan Tobacco's own EV-to-FCF has ranged from 6.65 to 40.26 over the past decade. While the company's 10-year median is 15.45 vs. the industry median of 15.01, Japan Tobacco 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 Tobacco Products company?
The median EV-to-FCF among Tobacco Products companies is 15.01, based on 31 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. Japan Tobacco's current EV-to-FCF of 26.60 is 77.2% 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 Japan Tobacco and its competitors. For the Tobacco Products industry, the median EV-to-FCF is 15.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Tobacco's current EV-to-FCF is 26.60, which is 72% above median its own 10-year median of 15.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (JAPAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.10, compared to a current price of $37.74 — trading 14% above its estimated fair value. The current EV-to-FCF is 26.60, which is 72% above median its 10-year median of 15.45 and 77.2% above the Tobacco Products industry median of 15.01. Japan Tobacco's overall GF Score™ is 78/100 with 7 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 Japan Tobacco (JAPAF), the current EV-to-FCF is 26.60 as of Jun. 25, 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 Japan Tobacco (JAPAF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued.
The current stock price of $37.74 is trading 14% above its estimated GF Value™ of $33.10.
GuruFocus considers Japan Tobacco to be Modestly Overvalued.
Key valuation signals for JAPAF:
EV-to-FCF: 26.60 (72% above median its 10-year median of 15.45)
GF Value™: $33.10 vs. price of $37.74 (14% above fair value)
Industry Position: 77.2% above the Tobacco Products median (#25 of 31)
No single metric tells the full story. See the JAPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
78GF Score
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