Asahi Group Holdings (TSE:2502) EV-to-FCF: -75.95 (As of Jul. 10, 2026)


TSE:2502 Asahi Group Holdings Ltd TSE:2502
78 GF Score
Price 円1,581.00
GF Value 円1,990.72
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Asahi Group Holdings EV-to-FCF?

Asahi Group Holdings TSE:2502 -2.80% 78 EV-to-FCF is -75.95 as of Jul. 10, 2026. GuruFocus rates TSE:2502 with a GF Score™ of 78/100 and a GF Value™ of 円1,990.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 137 Beverages - Alcoholic companies, Asahi Group Holdings ranks worse than 729926.28% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Asahi Group Holdings's Enterprise Value is 円3,788,994 Mil. Asahi Group Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was 円-49,891 Mil. Therefore, Asahi Group Holdings's EV-to-FCF for today is -75.95.

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

TSE:2502' s EV-to-FCF Range Over the Past 10 Years
Min: -81.38   Med: 21.62   Max: 59.14
Current: -77.28

During the past 13 years, the highest EV-to-FCF of Asahi Group Holdings was 59.14. The lowest was -81.38. And the median was 21.62.

TSE:2502's EV-to-FCF is ranked worse than
100% of 137 companies
in the Beverages - Alcoholic industry
Industry Median: 17.17 vs TSE:2502: -77.28

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 (2026-07-10), Asahi Group Holdings's stock price is 円1581.00. Asahi Group Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円81.260. Therefore, Asahi Group Holdings's PE Ratio (TTM) for today is 19.46.


Asahi Group Holdings  (TSE:2502) 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.

Asahi Group Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1581.00/81.260
=19.46

Asahi Group Holdings's share price for today is 円1581.00.
Asahi Group Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円81.260.

* 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.


Asahi Group Holdings EV-to-FCF Related Terms


Asahi Group Holdings EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Asahi Group Holdings'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.

Asahi Group Holdings EV-to-FCF Chart

Asahi Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.52 21.30 16.87 13.73 -77.66

Asahi Group Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 13.73 24.71 26.72 21.88 -77.66

TSE:2502 vs BUD, STZ, TAP: EV-to-FCF Comparison

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.


Asahi Group Holdings EV-to-FCF vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's EV-to-FCF distribution charts can be found below:

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


TSE:2502
78GF Score
Asahi Group Holdings Ltd TSE:2502
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Group Holdings EV-to-FCF Calculation

Asahi Group Holdings's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3788993.651/-49891
=-75.95

Asahi Group Holdings's current Enterprise Value is 円3,788,994 Mil.
Asahi Group Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-49,891 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 -75.95 mean?
Asahi Group Holdings (TSE:2502) has a EV-to-FCF of -75.95 as of Jul. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Asahi Group Holdings and its competitors. According to the industry distribution chart, Asahi Group Holdings ranks #999999 out of 137 companies in the Beverages - Alcoholic industry.
Is Asahi Group Holdings' EV-to-FCF too high?
Asahi Group Holdings' current EV-to-FCF is -75.95. Based on the distribution chart, Asahi Group Holdings ranks #999999 out of 137 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Asahi Group Holdings has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Group Holdings' EV-to-FCF compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Asahi Group Holdings ranks #999999 out of 137 companies for EV-to-FCF. This places Asahi Group Holdings in the lower half of its industry. The industry median EV-to-FCF is 17.17. 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 Beverages - Alcoholic company?
The median EV-to-FCF among Beverages - Alcoholic companies is 17.17, based on 137 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 Asahi Group Holdings and its competitors. For the Beverages - Alcoholic industry, the median EV-to-FCF is 17.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Group Holdings's current EV-to-FCF is -75.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asahi Group Holdings (TSE:2502) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,990.72, compared to a current price of 円1,581.00 — trading 20.6% below its estimated fair value. The current EV-to-FCF is -75.95. Asahi Group Holdings' overall GF Score™ is 78/100 with 4 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 Asahi Group Holdings (TSE:2502), the current EV-to-FCF is -75.95 as of Jul. 10, 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 Asahi Group Holdings (TSE:2502) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Group Holdings stock appears to be undervalued. The current stock price of 円1,581.00 is trading 20.6% below its estimated GF Value™ of 円1,990.72. GuruFocus considers Asahi Group Holdings to be Modestly Undervalued.

Key valuation signals for TSE:2502:

  • EV-to-FCF: -75.95
  • GF Value™: 円1,990.72 vs. price of 円1,581.00 (20.6% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the TSE:2502 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Group Holdings Business Description

Address 1-23-1 Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is the largest brewer in Japan with a nearly 40% market share, led by its Asahi Super Dry brand. It also operates a wide range of alcoholic and soft beverage products as well as packaged foods, mainly in Japan. Overseas markets accounted for over half of the company's revenue and close to 60% of operating profit, with Australia and Europe being two major markets. It acquired SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017 from Anheuser-Busch InBev. In Australia, Asahi holds market leaderships across beer and soft drinks segments, through its acquisitions of Schweppes Australia in 2009 and Carlton & United Breweries in 2020.
78GF Score

Get the complete analysis for TSE:2502

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

円1,581.00
Price
円1,990.72
GF Value