Base Food (TSE:2936) EV-to-FCF: (As of Sep. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2936 Base Food Inc TSE:2936
53 GF Score
Price 円275.00
GF Value 円468.78
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Base Food EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Base Food's Enterprise Value is 円13,458 Mil. Base Food's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円0 Mil. Therefore, Base Food's EV-to-FCF for today is .

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: 0   Med: 0   Max: 105.06
Current: 105.06

During the past 6 years, the highest EV-to-FCF of Base Food was 105.06. The lowest was 0.00. And the median was 0.00.

TSE:2936's EV-to-FCF is ranked worse than
92.71% of 1180 companies
in the Consumer Packaged Goods industry
Industry Median: 16.28 vs TSE:2936: 105.06

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 (2026-09-06), Base Food's stock price is 円275.00. Base Food's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円2.540. Therefore, Base Food's PE Ratio (TTM) for today is 108.27.


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)
=275.00/2.540
=108.27

Base Food's share price for today is 円275.00.
Base Food'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2.540.

* 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 Quarterly Data
Feb21 Feb22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 142.42 0.00

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
53GF 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)
=13458.084/0
=

Base Food's current Enterprise Value is 円13,458 Mil.
Base Food'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0 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.

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275.00 is trading 41.3% below its estimated GF Value™ of 円468.78. GuruFocus considers Base Food to be Significantly Undervalued.

Key valuation signals for TSE:2936:

  • EV-to-FCF:
  • GF Value™: 円468.78 vs. price of 円275.00 (41.3% below fair value)
  • GF Score™: 53/100 with 2 warning signs

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.
53GF 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275.00
Price
円468.78
GF Value