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Densan CoTSE:3640 +2.29%69 EV-to-FCF is 2.76 as of Jul. 14, 2026, which is 66% below its 10-year median of 8.07. GuruFocus rates TSE:3640 with a GF Score™ of 69/100 and a GF Value™ of 円2,525.98 (Fairly Valued). Among 503 Semiconductors companies, Densan Co ranks better than 94.23% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Densan Co's Enterprise Value is 円10,551 Mil.
Densan Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,829 Mil. Therefore, Densan Co's EV-to-FCF for today is 2.76.
The historical rank and industry rank for Densan Co's EV-to-FCF or its related term are showing as below:
TSE:3640'
s EV-to-FCF Range Over the Past 10 Years
Min: -1183.84 Med: 8.07 Max: 50.53
Current: 2.69
During the past 13 years, the highest EV-to-FCF of Densan Co was 50.53. The lowest was -1183.84. And the median was 8.07.
TSE:3640's EV-to-FCF is ranked better than 94.23% of 503
companies
in the Semiconductors industry
Industry Median: 46.13
vs TSE:3640: 2.69
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.
Densan Co's share price for today is 円2414.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Densan Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円793.880.
* 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.
Densan Co EV-to-FCF Related Terms
Densan Co EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Densan 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 Semiconductors subindustry, Densan 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.
Densan Co EV-to-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Densan Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Densan Co's EV-to-FCF falls into.
Densan Co's current Enterprise Value is 円10,551 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Densan Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,829 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.
Densan Co (TSE:3640) has a EV-to-FCF of 2.76 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Densan Co and its competitors. This is 66% below median its historical median of 8.07. According to the industry distribution chart, Densan Co ranks #29 out of 503 companies in the Semiconductors industry, placing it in the top 5.8%.
Is Densan Co's EV-to-FCF too high?
Densan Co's current EV-to-FCF of 2.76 is 66% below median its 10-year median of 8.07. The Semiconductors industry median EV-to-FCF is 46.13. Densan Co's value of 2.76 is 94% below this industry median. Based on the distribution chart, Densan Co ranks #29 out of 503 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Densan Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Densan Co's EV-to-FCF compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Densan Co ranks #29 out of 503 companies for EV-to-FCF. This places Densan Co in the top 6% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 46.13. Densan Co's value of 2.76 is 94% below this benchmark. While the company's 10-year median is 8.07 vs. the industry median of 46.13, Densan 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 a Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 46.13, based on 503 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. Densan Co's current EV-to-FCF of 2.76 is 94% 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 Densan Co and its competitors. For the Semiconductors industry, the median EV-to-FCF is 46.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Densan Co's current EV-to-FCF is 2.76, which is 66% below median its own 10-year median of 8.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Densan Co stock overvalued right now?
Based on GuruFocus' analysis, Densan Co (TSE:3640) is currently considered Fairly Valued. The stock's GF Value™ is 円2,525.98, compared to a current price of 円2,414.00 — trading 4.4% below its estimated fair value. The current EV-to-FCF is 2.76, which is 66% below median its 10-year median of 8.07 and 94% below the Semiconductors industry median of 46.13. Densan Co's overall GF Score™ is 69/100. 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 Densan Co (TSE:3640), the current EV-to-FCF is 2.76 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 Densan Co (TSE:3640) Overvalued in 2026?
Based on GuruFocus' analysis, Densan Co stock appears to be undervalued.
The current stock price of 円2,414.00 is trading 4.4% below its estimated GF Value™ of 円2,525.98.
GuruFocus considers Densan Co to be Fairly Valued.
Key valuation signals for TSE:3640:
EV-to-FCF: 2.76 (66% below median its 10-year median of 8.07)
GF Value™: 円2,525.98 vs. price of 円2,414.00 (4.4% below fair value)
Industry Position: 94% below the Semiconductors median (#29 of 503)
No single metric tells the full story. See the TSE:3640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Densan Co Ltd is engaged in the development and provision of information systems and related services. Its reporting segments include the Public Sector and the Industrial Sector. In the Public Sector, it serves local governments and related organizations by developing, selling, and supporting package systems, as well as offering equipment sales and information processing services. The Industrial Sector focuses on private enterprises and medical and welfare institutions, offering software development, equipment sales, and various information services. It also includes internet connectivity services for general consumers. It generates the majority of its revenue from the Public Sector segment.
69GF Score
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