Nikon (NINOF) EV-to-FCF: -12.14 (As of Jun. 28, 2026)


NINOF Nikon Corp NINOF
74 GF Score
Price $13.60
GF Value $10.49
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Nikon EV-to-FCF?

Nikon NINOF +19.30% 74 EV-to-FCF is -12.14 as of Jun. 28, 2026. GuruFocus rates NINOF with a GF Score™ of 74/100 and a GF Value™ of $10.49 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 573 Travel & Leisure companies, Nikon ranks worse than 174519.9% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nikon's Enterprise Value is $4,837 Mil. Nikon's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-398 Mil. Therefore, Nikon's EV-to-FCF for today is -12.14.

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

NINOF' s EV-to-FCF Range Over the Past 10 Years
Min: -114.42   Med: -2.25   Max: 77.78
Current: -13.01

During the past 13 years, the highest EV-to-FCF of Nikon was 77.78. The lowest was -114.42. And the median was -2.25.

NINOF's EV-to-FCF is ranked worse than
100% of 573 companies
in the Travel & Leisure industry
Industry Median: 15.85 vs NINOF: -13.01

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 (2026-06-28), Nikon's stock price is $13.6005. Nikon's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.668. Therefore, Nikon's PE Ratio (TTM) for today is At Loss.


Nikon  (OTCPK:NINOF) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.6005/-1.668
=At Loss

Nikon's share price for today is $13.6005.
Nikon'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 $-1.668.

* 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.


Nikon EV-to-FCF Related Terms


Nikon EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Nikon'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.

Nikon EV-to-FCF Chart

Nikon 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 32.38 -11.93 -19.49 -24.08 -11.35

Nikon 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 -24.08 -14.87 -10.96 -10.25 -11.35

NINOF vs AS, HAS, LTH: EV-to-FCF Comparison

For the Leisure subindustry, Nikon'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.


Nikon EV-to-FCF vs Travel & Leisure Industry

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

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


NINOF
74GF Score
Nikon Corp NINOF
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikon EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4836.548/-398.261
=-12.14

Nikon's current Enterprise Value is $4,837 Mil.
Nikon'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 $-398 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 -12.14 mean?
Nikon (NINOF) has a EV-to-FCF of -12.14 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nikon and its competitors. According to the industry distribution chart, Nikon ranks #999999 out of 573 companies in the Travel & Leisure industry.
Is Nikon's EV-to-FCF too high?
Nikon's current EV-to-FCF is -12.14. Based on the distribution chart, Nikon ranks #999999 out of 573 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Nikon has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikon's EV-to-FCF compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Nikon ranks #999999 out of 573 companies for EV-to-FCF. This places Nikon in the lower half of its industry. The industry median EV-to-FCF is 15.85. 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 15.85, based on 573 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. 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 Nikon and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikon's current EV-to-FCF is -12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikon stock overvalued right now?
Based on GuruFocus' analysis, Nikon (NINOF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.49, compared to a current price of $13.60 — trading 29.7% above its estimated fair value. The current EV-to-FCF is -12.14. Nikon's overall GF Score™ is 74/100 with 9 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 Nikon (NINOF), the current EV-to-FCF is -12.14 as of Jun. 28, 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 Nikon (NINOF) Overvalued in 2026?

Based on GuruFocus' analysis, Nikon stock appears to be overvalued. The current stock price of $13.60 is trading 29.7% above its estimated GF Value™ of $10.49. GuruFocus considers Nikon to be Modestly Overvalued.

Key valuation signals for NINOF:

  • EV-to-FCF: -12.14
  • GF Value™: $10.49 vs. price of $13.60 (29.7% above fair value)
  • GF Score™: 74/100 with 9 warning signs

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


Nikon Business Description

Address 1-5-20 Nishioi, Shinagawa-ku, Tokyo, JPN, 140-8601
Nikon Corp is a Japan-based precision optics and imaging company. The group operates across five business segments: Component Business, providing industrial microscopes, measuring instruments, X-ray/CT inspection systems, optical components, and engineering services; Digital Manufacturing Business, offering metal 3D printers, encoders, digital solutions, EUV- and space-related components, and FPD photomask substrates; Healthcare Business, delivering life science, eye-care, and cell contract manufacturing solutions; Precision Machinery Business, focused on FPD and semiconductor lithography equipment; and Video Business, engaged in interchangeable-lens digital cameras, compact digital cameras, and interchangeable lenses. It generates majority of its revenue from the Video Business segment.
74GF Score

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

$13.60
Price
$10.49
GF Value