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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, ZEAL Associate's Enterprise Value is 円418 Mil.
ZEAL Associate's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円110 Mil. Therefore, ZEAL Associate's EV-to-FCF for today is 3.78.
The historical rank and industry rank for ZEAL Associate's EV-to-FCF or its related term are showing as below:
TSE:329A'
s EV-to-FCF Range Over the Past 10 Years
Min: -3.15 Med: -3.15 Max: 8.58
Current: 3.78
During the past 3 years, the highest EV-to-FCF of ZEAL Associate was 8.58. The lowest was -3.15. And the median was -3.15.
TSE:329A's EV-to-FCF is not ranked
in the Conglomerates industry.
Industry Median: 17.595
vs TSE:329A: 3.78
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.
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.
ZEAL Associate's PE Ratio (TTM) for today is calculated as:
ZEAL Associate's share price for today is 円211.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ZEAL Associate's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円25.255.
* 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.
ZEAL Associate EV-to-FCF Related Terms
ZEAL Associate EV-to-FCF Historical Data
* Premium members only.
The historical data trend for ZEAL Associate'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.
ZEAL Associate EV-to-FCF Chart
ZEAL Associate Annual Data
Trend
Aug23
Aug24
Aug25
EV-to-FCF
0.00
0.00
-3.15
ZEAL Associate Semi-Annual Data
Aug23
Aug24
Feb25
Aug25
Feb26
EV-to-FCF
0.00
0.00
0.00
-3.15
0.00
TSE:329A vs HON, MMM: EV-to-FCF Comparison
For the Conglomerates subindustry, ZEAL Associate'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.
ZEAL Associate EV-to-FCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ZEAL Associate's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where ZEAL Associate's EV-to-FCF falls into.
ZEAL Associate's current Enterprise Value is 円418 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ZEAL Associate's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円110 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.
ZEAL Associate (TSE:329A) has a EV-to-FCF of 3.78 as of Jul. 23, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ZEAL Associate and its competitors.
Is ZEAL Associate's EV-to-FCF too high?
ZEAL Associate's current EV-to-FCF is 3.78. The Conglomerates industry median EV-to-FCF is 17.60. ZEAL Associate's value of 3.78 is 78.5% below this industry median. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's EV-to-FCF compare to HON and MMM?
ZEAL Associate's EV-to-FCF of 3.78 can be compared against companies in the Conglomerates industry. The industry median EV-to-FCF is 17.60. ZEAL Associate's value of 3.78 is 78.5% below 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 Conglomerates company?
The median EV-to-FCF among Conglomerates companies is 17.60, based on 354 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. ZEAL Associate's current EV-to-FCF of 3.78 is 78.5% below 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 ZEAL Associate and its competitors. For the Conglomerates industry, the median EV-to-FCF is 17.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current EV-to-FCF is 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current EV-to-FCF of 3.78. The current EV-to-FCF is 3.78 and 78.5% below the Conglomerates industry median of 17.60. ZEAL Associate's overall GF Score™ is 16/100 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 ZEAL Associate (TSE:329A), the current EV-to-FCF is 3.78 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.
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