Tokuden CoTSE:3437 -0.71%74 EV-to-FCF is 20.98 as of Jul. 11, 2026, which is 7134% above its 10-year median of 0.29. GuruFocus rates TSE:3437 with a GF Score™ of 74/100 and a GF Value™ of 円2,756.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,728 Industrial Products companies, Tokuden Co ranks better than 57.47% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tokuden Co's Enterprise Value is 円3,802 Mil.
Tokuden Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円181 Mil. Therefore, Tokuden Co's EV-to-FCF for today is 20.98.
The historical rank and industry rank for Tokuden Co's EV-to-FCF or its related term are showing as below:
TSE:3437'
s EV-to-FCF Range Over the Past 10 Years
Min: -14.95 Med: 0.29 Max: 26.06
Current: 20.98
During the past 13 years, the highest EV-to-FCF of Tokuden Co was 26.06. The lowest was -14.95. And the median was 0.29.
TSE:3437's EV-to-FCF is ranked better than 57.47% of 1728
companies
in the Industrial Products industry
Industry Median: 25.7
vs TSE:3437: 20.98
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.
Tokuden Co's share price for today is 円2644.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokuden Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円288.940.
* 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.
Tokuden Co EV-to-FCF Related Terms
Tokuden Co EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Tokuden Co'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.
For the Specialty Industrial Machinery subindustry, Tokuden Co'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.
Tokuden Co EV-to-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tokuden Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Tokuden Co's EV-to-FCF falls into.
Tokuden Co's current Enterprise Value is 円3,802 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tokuden Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円181 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.
Tokuden Co (TSE:3437) has a EV-to-FCF of 20.98 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tokuden Co and its competitors. This is 7134% above median its historical median of 0.29. According to the industry distribution chart, Tokuden Co ranks #735 out of 1728 companies in the Industrial Products industry, placing it in the top 42.5%.
Is Tokuden Co's EV-to-FCF too high?
Tokuden Co's current EV-to-FCF of 20.98 is 7134% above median its 10-year median of 0.29. The Industrial Products industry median EV-to-FCF is 25.70. Tokuden Co's value of 20.98 is 18.4% below this industry median. Based on the distribution chart, Tokuden Co ranks #735 out of 1728 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tokuden Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokuden Co's EV-to-FCF compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tokuden Co ranks #735 out of 1728 companies for EV-to-FCF. This puts Tokuden Co in the upper half of its industry. The industry median EV-to-FCF is 25.70. Tokuden Co's value of 20.98 is 18.4% below this benchmark. While the company's 10-year median is 0.29 vs. the industry median of 25.70, Tokuden Co has consistently been below 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 an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 25.70, based on 1,728 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. Tokuden Co's current EV-to-FCF of 20.98 is 18.4% 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 Tokuden Co and its competitors. For the Industrial Products industry, the median EV-to-FCF is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokuden Co's current EV-to-FCF is 20.98, which is 7134% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokuden Co stock overvalued right now?
Based on GuruFocus' analysis, Tokuden Co (TSE:3437) is currently considered Fairly Valued. The stock's GF Value™ is 円2,756.64, compared to a current price of 円2,644.00 — trading 4.1% below its estimated fair value. The current EV-to-FCF is 20.98, which is 7134% above median its 10-year median of 0.29 and 18.4% below the Industrial Products industry median of 25.70. Tokuden Co's overall GF Score™ is 74/100 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 Tokuden Co (TSE:3437), the current EV-to-FCF is 20.98 as of Jul. 11, 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 Tokuden Co (TSE:3437) Overvalued in 2026?
Based on GuruFocus' analysis, Tokuden Co stock appears to be undervalued.
The current stock price of 円2,644.00 is trading 4.1% below its estimated GF Value™ of 円2,756.64.
GuruFocus considers Tokuden Co to be Fairly Valued.
Key valuation signals for TSE:3437:
EV-to-FCF: 20.98 (7134% above median its 10-year median of 0.29)
GF Value™: 円2,756.64 vs. price of 円2,644.00 (4.1% below fair value)
Industry Position: 18.4% below the Industrial Products median (#735 of 1728)
No single metric tells the full story. See the TSE:3437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokuden Co Ltd is engaged in the manufacturing of industrial products like submerged arc welding, wire for TIG welding, wire for MIG welding, fusion type flux, and PTA welding powder material.
74GF Score
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