Ichigo (TSE:2337) EV-to-FCF: -13.27 (As of Jul. 14, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:2337 Ichigo Inc TSE:2337
78 GF Score
Price 円441.00
GF Value 円480.77
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Ichigo EV-to-FCF?

Ichigo TSE:2337 +0.92% 78 EV-to-FCF is -13.27 as of Jul. 14, 2026. GuruFocus rates TSE:2337 with a GF Score™ of 78/100 and a GF Value™ of 円480.77 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,095 Real Estate companies, Ichigo ranks worse than 91324.11% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ichigo's Enterprise Value is 円426,176 Mil. Ichigo's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円-32,124 Mil. Therefore, Ichigo's EV-to-FCF for today is -13.27.

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

TSE:2337' s EV-to-FCF Range Over the Past 10 Years
Min: -849.93   Med: -12   Max: 3907.81
Current: -13.29

During the past 13 years, the highest EV-to-FCF of Ichigo was 3907.81. The lowest was -849.93. And the median was -12.00.

TSE:2337's EV-to-FCF is ranked worse than
100% of 1095 companies
in the Real Estate industry
Industry Median: 19.2 vs TSE:2337: -13.29

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 (2026-07-14), Ichigo's stock price is 円441.00. Ichigo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円40.428. Therefore, Ichigo's PE Ratio (TTM) for today is 10.91.


Ichigo  (TSE:2337) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=441.00/40.428
=10.91

Ichigo's share price for today is 円441.00.
Ichigo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円40.428.

* 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.


Ichigo EV-to-FCF Related Terms


Ichigo EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Ichigo'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.

Ichigo EV-to-FCF Chart

Ichigo Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.97 -30.28 -21.81 -11.42 -13.39

Ichigo Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -11.42 -8.07 -15.98 -9.96 -13.39

TSE:2337 vs CBRE, BEKE, JLL: EV-to-FCF Comparison

For the Real Estate Services subindustry, Ichigo'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.


Ichigo EV-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ichigo's EV-to-FCF distribution charts can be found below:

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


TSE:2337
78GF Score
Ichigo Inc TSE:2337
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichigo EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=426176.070/-32124
=-13.27

Ichigo's current Enterprise Value is 円426,176 Mil.
Ichigo's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-32,124 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 -13.27 mean?
Ichigo (TSE:2337) has a EV-to-FCF of -13.27 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ichigo and its competitors. According to the industry distribution chart, Ichigo ranks #999999 out of 1095 companies in the Real Estate industry.
Is Ichigo's EV-to-FCF too high?
Ichigo's current EV-to-FCF is -13.27. Based on the distribution chart, Ichigo ranks #999999 out of 1095 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Ichigo has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ichigo's EV-to-FCF compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ichigo ranks #999999 out of 1095 companies for EV-to-FCF. This places Ichigo in the lower half of its industry. The industry median EV-to-FCF is 19.20. 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 Real Estate company?
The median EV-to-FCF among Real Estate companies is 19.20, based on 1,095 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 Ichigo and its competitors. For the Real Estate industry, the median EV-to-FCF is 19.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo's current EV-to-FCF is -13.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo stock overvalued right now?
Based on GuruFocus' analysis, Ichigo (TSE:2337) is currently considered Fairly Valued. The stock's GF Value™ is 円480.77, compared to a current price of 円441.00 — trading 8.3% below its estimated fair value. The current EV-to-FCF is -13.27. Ichigo's overall GF Score™ is 78/100 with 3 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 Ichigo (TSE:2337), the current EV-to-FCF is -13.27 as of Jul. 14, 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 Ichigo (TSE:2337) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo stock appears to be undervalued. The current stock price of 円441.00 is trading 8.3% below its estimated GF Value™ of 円480.77. GuruFocus considers Ichigo to be Fairly Valued.

Key valuation signals for TSE:2337:

  • EV-to-FCF: -13.27
  • GF Value™: 円480.77 vs. price of 円441.00 (8.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TSE:2337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichigo Business Description

Address 2-6-1 Marunouchi, 17th Floor, The Imperial Hotel Tower, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.
78GF Score

Get the complete analysis for TSE:2337

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

円441.00
Price
円480.77
GF Value