Toa Road (TSE:1882) EV-to-FCF: 6.84 (As of Jul. 20, 2026) — 628% Above Median

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TSE:1882 Toa Road Corp TSE:1882
67 GF Score
Price 円1,599.00
GF Value 円1,407.75
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Toa Road EV-to-FCF?

Toa Road TSE:1882 -0.31% 67 EV-to-FCF is 6.84 as of Jul. 20, 2026, which is 628% above its 10-year median of 0.94. GuruFocus rates TSE:1882 with a GF Score™ of 67/100 and a GF Value™ of 円1,407.75 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,100 Construction companies, Toa Road ranks better than 71.91% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Toa Road's Enterprise Value is 円66,028 Mil. Toa Road's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円9,651 Mil. Therefore, Toa Road's EV-to-FCF for today is 6.84.

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

TSE:1882' s EV-to-FCF Range Over the Past 10 Years
Min: -923.67   Med: 0.94   Max: 39.99
Current: 6.84

During the past 13 years, the highest EV-to-FCF of Toa Road was 39.99. The lowest was -923.67. And the median was 0.94.

TSE:1882's EV-to-FCF is ranked better than
71.91% of 1100 companies
in the Construction industry
Industry Median: 12.965 vs TSE:1882: 6.84

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 (2026-07-20), Toa Road's stock price is 円1599.00. Toa Road's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円74.184. Therefore, Toa Road's PE Ratio (TTM) for today is 21.55.


Toa Road  (TSE:1882) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1599.00/74.184
=21.55

Toa Road's share price for today is 円1599.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Toa Road's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円74.184.

* 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.


Toa Road EV-to-FCF Related Terms


Toa Road EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Toa Road'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.

Toa Road EV-to-FCF Chart

Toa Road 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 7.08 -449.06 7.14 -13.75 7.37

Toa Road Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 7.14 0.00 -13.75 0.00 7.37

TSE:1882 vs PWR, FIX, EME: EV-to-FCF Comparison

For the Engineering & Construction subindustry, Toa Road'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.


Toa Road EV-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Toa Road's EV-to-FCF distribution charts can be found below:

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


TSE:1882
67GF Score
Toa Road Corp TSE:1882
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toa Road EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=66027.933/9651
=6.84

Toa Road's current Enterprise Value is 円66,028 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Toa Road's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円9,651 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 6.84 mean?
Toa Road (TSE:1882) has a EV-to-FCF of 6.84 as of Jul. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Toa Road and its competitors. This is 628% above median its historical median of 0.94. According to the industry distribution chart, Toa Road ranks #309 out of 1100 companies in the Construction industry, placing it in the top 28.1%.
Is Toa Road's EV-to-FCF too high?
Toa Road's current EV-to-FCF of 6.84 is 628% above median its 10-year median of 0.94. The Construction industry median EV-to-FCF is 12.97. Toa Road's value of 6.84 is 47.2% below this industry median. Based on the distribution chart, Toa Road ranks #309 out of 1100 companies in the Construction industry, which is above the industry midpoint. Overall, Toa Road has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toa Road's EV-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, Toa Road ranks #309 out of 1100 companies for EV-to-FCF. This puts Toa Road in the upper half of its industry. The industry median EV-to-FCF is 12.97. Toa Road's value of 6.84 is 47.2% below this benchmark. While the company's 10-year median is 0.94 vs. the industry median of 12.97, Toa Road has consistently been below 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 Construction company?
The median EV-to-FCF among Construction companies is 12.97, based on 1,100 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. Toa Road's current EV-to-FCF of 6.84 is 47.2% 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 Toa Road and its competitors. For the Construction industry, the median EV-to-FCF is 12.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toa Road's current EV-to-FCF is 6.84, which is 628% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa Road stock overvalued right now?
Based on GuruFocus' analysis, Toa Road (TSE:1882) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,407.75, compared to a current price of 円1,599.00 — trading 13.6% above its estimated fair value. The current EV-to-FCF is 6.84, which is 628% above median its 10-year median of 0.94 and 47.2% below the Construction industry median of 12.97. Toa Road's overall GF Score™ is 67/100 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 Toa Road (TSE:1882), the current EV-to-FCF is 6.84 as of Jul. 20, 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 Toa Road (TSE:1882) Overvalued in 2026?

Based on GuruFocus' analysis, Toa Road stock appears to be overvalued. The current stock price of 円1,599.00 is trading 13.6% above its estimated GF Value™ of 円1,407.75. GuruFocus considers Toa Road to be Modestly Overvalued.

Key valuation signals for TSE:1882:

  • EV-to-FCF: 6.84 (628% above median its 10-year median of 0.94)
  • GF Value™: 円1,407.75 vs. price of 円1,599.00 (13.6% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 47.2% below the Construction median (#309 of 1100)

No single metric tells the full story. See the TSE:1882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toa Road Business Description

Address 7-3-7 Roppongi, Tokyo, Minato City, JPN, 106-0032
Toa Road Corp provides construction services. It is focused on constructing road networks and transportation infrastructure including expressways and national roads. The company also develops and sells asphalt products and provides environmental solutions and consultancy services like road maintenance plans that integrate pavement maintenance techniques with asset management.
67GF Score

Get the complete analysis for TSE:1882

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

円1,599.00
Price
円1,407.75
GF Value