Base Food (TSE:2936) EV-to-FCF: 102.15 (As of Jul. 23, 2026)

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TSE:2936 Base Food Inc TSE:2936
61 GF Score
Price 円268.00
GF Value 円453.35
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Base Food EV-to-FCF?

Base Food TSE:2936 +1.52% 61 EV-to-FCF is 102.15 as of Jul. 23, 2026. GuruFocus rates TSE:2936 with a GF Score™ of 61/100 and a GF Value™ of 円453.35 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,190 Consumer Packaged Goods companies, Base Food ranks worse than 91.76% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Base Food's Enterprise Value is 円13,084 Mil. Base Food's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円128 Mil. Therefore, Base Food's EV-to-FCF for today is 102.15.

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

TSE:2936' s EV-to-FCF Range Over the Past 10 Years
Min: -47.87   Med: -19.2   Max: 615.07
Current: 99.23

During the past 6 years, the highest EV-to-FCF of Base Food was 615.07. The lowest was -47.87. And the median was -19.20.

TSE:2936's EV-to-FCF is ranked worse than
91.76% of 1190 companies
in the Consumer Packaged Goods industry
Industry Median: 16.105 vs TSE:2936: 99.23

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 (2026-07-23), Base Food's stock price is 円268.00. Base Food's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円4.916. Therefore, Base Food's PE Ratio (TTM) for today is 54.52.


Base Food  (TSE:2936) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=268.00/4.916
=54.52

Base Food's share price for today is 円268.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Base Food's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円4.916.

* 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.


Base Food EV-to-FCF Related Terms


Base Food EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Base Food'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.

Base Food EV-to-FCF Chart

Base Food Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EV-to-FCF
Get a 7-Day Free Trial 0.00 -27.64 -29.79 610.12 142.42

Base Food Semi-Annual Data
Feb21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.79 0.00 610.12 0.00 142.42

TSE:2936 vs KHC, GIS: EV-to-FCF Comparison

For the Packaged Foods subindustry, Base Food'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.


Base Food EV-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Base Food's EV-to-FCF distribution charts can be found below:

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


TSE:2936
61GF Score
Base Food Inc TSE:2936
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Base Food EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=13084.325/128.095
=102.15

Base Food's current Enterprise Value is 円13,084 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Base Food's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円128 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 102.15 mean?
Base Food (TSE:2936) has a EV-to-FCF of 102.15 as of Jul. 23, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Base Food and its competitors. According to the industry distribution chart, Base Food ranks #1092 out of 1190 companies in the Consumer Packaged Goods industry, placing it in the top 91.8%.
Is Base Food's EV-to-FCF too high?
Base Food's current EV-to-FCF is 102.15. The Consumer Packaged Goods industry median EV-to-FCF is 16.11. Base Food's value of 102.15 is 534.3% above this industry median. Based on the distribution chart, Base Food ranks #1092 out of 1190 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Base Food has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Food's EV-to-FCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Base Food ranks #1092 out of 1190 companies for EV-to-FCF. This places Base Food in the lower half of its industry. The industry median EV-to-FCF is 16.11. Base Food's value of 102.15 is 534.3% above 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 Consumer Packaged Goods company?
The median EV-to-FCF among Consumer Packaged Goods companies is 16.11, based on 1,190 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. Base Food's current EV-to-FCF of 102.15 is 534.3% above 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 Base Food and its competitors. For the Consumer Packaged Goods industry, the median EV-to-FCF is 16.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Food's current EV-to-FCF is 102.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Food stock overvalued right now?
Based on GuruFocus' analysis, Base Food (TSE:2936) is currently considered Significantly Undervalued. The stock's GF Value™ is 円453.35, compared to a current price of 円268.00 — trading 40.9% below its estimated fair value. The current EV-to-FCF is 102.15 and 534.3% above the Consumer Packaged Goods industry median of 16.11. Base Food's overall GF Score™ is 61/100 with 5 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 Base Food (TSE:2936), the current EV-to-FCF is 102.15 as of Jul. 23, 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 Base Food (TSE:2936) Overvalued in 2026?

Based on GuruFocus' analysis, Base Food stock appears to be undervalued. The current stock price of 円268.00 is trading 40.9% below its estimated GF Value™ of 円453.35. GuruFocus considers Base Food to be Significantly Undervalued.

Key valuation signals for TSE:2936:

  • EV-to-FCF: 102.15
  • GF Value™: 円453.35 vs. price of 円268.00 (40.9% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 534.3% above the Consumer Packaged Goods median (#1092 of 1190)

No single metric tells the full story. See the TSE:2936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Base Food Business Description

Address 5-25-2 Nakameguro, Meguro-ku, Tokyo, JPN, 153-0061
Base Food Inc is engaged in the development and sale of complete nutrition food. The company offers base bread, base pasta and base cookies related products.
61GF Score

Get the complete analysis for TSE:2936

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

円268.00
Price
円453.35
GF Value