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ASNOVA CoNGO:9223 18 EV-to-FCF is 9.45 as of Aug. 04, 2026. GuruFocus rates NGO:9223 with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 722 Business Services companies, ASNOVA Co ranks better than 61.22% on this metric.
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 for today is 9.45.
The historical rank and industry rank for ASNOVA Co's EV-to-FCF or its related term are showing as below:
NGO:9223'
s EV-to-FCF Range Over the Past 10 Years
Min: -22.87 Med: -8.56 Max: 10.67
Current: 9.45
During the past 7 years, the highest EV-to-FCF of ASNOVA Co was 10.67. The lowest was -22.87. And the median was -8.56.
NGO:9223's EV-to-FCF is ranked better than 61.22% of 722
companies
in the Business Services industry
Industry Median: 12.85
vs NGO:9223: 9.45
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.
ASNOVA Co's share price for today is 円396.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ASNOVA Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円-11.741.
* 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.
ASNOVA Co EV-to-FCF Related Terms
ASNOVA Co EV-to-FCF Historical Data
* Premium members only.
The historical data trend for ASNOVA Co'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 Rental & Leasing Services subindustry, ASNOVA Co'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.
ASNOVA Co EV-to-FCF vs Business Services Industry
For the Business Services industry and Industrials sector, ASNOVA Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where ASNOVA Co's EV-to-FCF falls into.
ASNOVA Co's current Enterprise Value is 円11,732 Mil.
For company reported semi-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 (NGO:9223) has a EV-to-FCF of 9.45 as of Aug. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ASNOVA Co and its competitors. According to the industry distribution chart, ASNOVA Co ranks #280 out of 722 companies in the Business Services industry, placing it in the top 38.8%.
Is ASNOVA Co's EV-to-FCF too high?
ASNOVA Co's current EV-to-FCF is 9.45. The Business Services industry median EV-to-FCF is 12.85. ASNOVA Co's value of 9.45 is 26.5% below this industry median. Based on the distribution chart, ASNOVA Co ranks #280 out of 722 companies in the Business Services industry, which is above the industry midpoint. Overall, ASNOVA Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does ASNOVA Co's EV-to-FCF compare to URI and SUNB?
According to the Business Services industry distribution chart, ASNOVA Co ranks #280 out of 722 companies for EV-to-FCF. This puts ASNOVA Co in the upper half of its industry. The industry median EV-to-FCF is 12.85. ASNOVA Co's value of 9.45 is 26.5% below this benchmark. 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 Business Services company?
The median EV-to-FCF among Business Services companies is 12.85, based on 722 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. ASNOVA Co's current EV-to-FCF of 9.45 is 26.5% below 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 ASNOVA Co and its competitors. For the Business Services industry, the median EV-to-FCF is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASNOVA Co's current EV-to-FCF is 9.45. 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 (NGO:9223) has a current EV-to-FCF of 9.45. The current EV-to-FCF is 9.45 and 26.5% below the Business Services industry median of 12.85. ASNOVA Co's overall GF Score™ is 18/100 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 ASNOVA Co (NGO:9223), the current EV-to-FCF is 9.45 as of Aug. 04, 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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