Watahan (TSE:3199) EV-to-FCF: 55.17 (As of Jul. 14, 2026) — 1186% Above Median

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:3199 Watahan & Co Ltd TSE:3199
64 GF Score
Price 円1,342.00
GF Value 円1,659.47
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Watahan EV-to-FCF?

Watahan TSE:3199 -1.32% 64 EV-to-FCF is 55.17 as of Jul. 14, 2026, which is 1186% above its 10-year median of 4.29. GuruFocus rates TSE:3199 with a GF Score™ of 64/100 and a GF Value™ of 円1,659.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 773 Retail - Cyclical companies, Watahan ranks worse than 87.45% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Watahan's Enterprise Value is 円49,487 Mil. Watahan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円897 Mil. Therefore, Watahan's EV-to-FCF for today is 55.17.

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

TSE:3199' s EV-to-FCF Range Over the Past 10 Years
Min: -108.71   Med: 4.29   Max: 64.47
Current: 55.54

During the past 13 years, the highest EV-to-FCF of Watahan was 64.47. The lowest was -108.71. And the median was 4.29.

TSE:3199's EV-to-FCF is ranked worse than
87.45% of 773 companies
in the Retail - Cyclical industry
Industry Median: 14.04 vs TSE:3199: 55.54

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), Watahan's stock price is 円1342.00. Watahan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円111.853. Therefore, Watahan's PE Ratio (TTM) for today is 12.00.


Watahan  (TSE:3199) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1342.00/111.853
=12.00

Watahan's share price for today is 円1342.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Watahan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円111.853.

* 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.


Watahan EV-to-FCF Related Terms


Watahan EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Watahan'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.

Watahan EV-to-FCF Chart

Watahan 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 -27.21 -15.07 3.80 -18.68 57.07

Watahan 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 3.80 0.00 -18.68 0.00 57.07

TSE:3199 vs HD, LOW, FND: EV-to-FCF Comparison

For the Home Improvement Retail subindustry, Watahan'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.


Watahan EV-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Watahan's EV-to-FCF distribution charts can be found below:

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


TSE:3199
64GF Score
Watahan & Co Ltd TSE:3199
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watahan EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=49487.316/897
=55.17

Watahan's current Enterprise Value is 円49,487 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Watahan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円897 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 55.17 mean?
Watahan (TSE:3199) has a EV-to-FCF of 55.17 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Watahan and its competitors. This is 1186% above median its historical median of 4.29. According to the industry distribution chart, Watahan ranks #676 out of 773 companies in the Retail - Cyclical industry, placing it in the top 87.5%.
Is Watahan's EV-to-FCF too high?
Watahan's current EV-to-FCF of 55.17 is 1186% above median its 10-year median of 4.29. The Retail - Cyclical industry median EV-to-FCF is 14.04. Watahan's value of 55.17 is 292.9% above this industry median. Based on the distribution chart, Watahan ranks #676 out of 773 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Watahan has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Watahan's EV-to-FCF compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Watahan ranks #676 out of 773 companies for EV-to-FCF. This places Watahan in the lower half of its industry. The industry median EV-to-FCF is 14.04. Watahan's value of 55.17 is 292.9% above this benchmark. While the company's 10-year median is 4.29 vs. the industry median of 14.04, Watahan has consistently been above 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 Retail - Cyclical company?
The median EV-to-FCF among Retail - Cyclical companies is 14.04, based on 773 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. Watahan's current EV-to-FCF of 55.17 is 292.9% 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 Watahan and its competitors. For the Retail - Cyclical industry, the median EV-to-FCF is 14.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watahan's current EV-to-FCF is 55.17, which is 1186% above median its own 10-year median of 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watahan stock overvalued right now?
Based on GuruFocus' analysis, Watahan (TSE:3199) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,659.47, compared to a current price of 円1,342.00 — trading 19.1% below its estimated fair value. The current EV-to-FCF is 55.17, which is 1186% above median its 10-year median of 4.29 and 292.9% above the Retail - Cyclical industry median of 14.04. Watahan's overall GF Score™ is 64/100 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 Watahan (TSE:3199), the current EV-to-FCF is 55.17 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 Watahan (TSE:3199) Overvalued in 2026?

Based on GuruFocus' analysis, Watahan stock appears to be undervalued. The current stock price of 円1,342.00 is trading 19.1% below its estimated GF Value™ of 円1,659.47. GuruFocus considers Watahan to be Modestly Undervalued.

Key valuation signals for TSE:3199:

  • EV-to-FCF: 55.17 (1186% above median its 10-year median of 4.29)
  • GF Value™: 円1,659.47 vs. price of 円1,342.00 (19.1% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 292.9% above the Retail - Cyclical median (#676 of 773)

No single metric tells the full story. See the TSE:3199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watahan Business Description

Address 1023-1 Kitagata, Nagano Prefecture, Iida, JPN
Watahan & Co Ltd engages in the retail, construction, and trading businesses in Japan. The company operates home improvement supercenters. It is also involved in the construction design, operation, maintenance, and management activities; civil engineering operations; construction of landscaping and facades; sales and rental of construction materials, nursing care; operation of parking lots; and parked vehicle management activities. In addition, it provides consultancy services related to building construction, maintenance, management, and renovation activities; and manufactures and constructs steel buildings and bridge frames, as well as earthquake-resistant bridges.
64GF Score

Get the complete analysis for TSE:3199

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

円1,342.00
Price
円1,659.47
GF Value