I-plug (TSE:4177) EV-to-FCF: 2.98 (As of Jul. 15, 2026) — 70% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:4177 I-plug Inc TSE:4177
86 GF Score
Price 円1,505.00
GF Value 円1,685.35
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is I-plug EV-to-FCF?

I-plug TSE:4177 +0.20% 86 EV-to-FCF is 2.98 as of Jul. 15, 2026, which is 70% below its 10-year median of 9.99. GuruFocus rates TSE:4177 with a GF Score™ of 86/100 and a GF Value™ of 円1,685.35 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 718 Business Services companies, I-plug ranks better than 89% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, I-plug's Enterprise Value is 円3,035 Mil. I-plug's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,018 Mil. Therefore, I-plug's EV-to-FCF for today is 2.98.

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

TSE:4177' s EV-to-FCF Range Over the Past 10 Years
Min: -11.9   Med: 9.99   Max: 126.36
Current: 2.97

During the past 8 years, the highest EV-to-FCF of I-plug was 126.36. The lowest was -11.90. And the median was 9.99.

TSE:4177's EV-to-FCF is ranked better than
89% of 718 companies
in the Business Services industry
Industry Median: 12.625 vs TSE:4177: 2.97

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 (2026-07-15), I-plug's stock price is 円1505.00. I-plug's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円119.939. Therefore, I-plug's PE Ratio (TTM) for today is 12.55.


I-plug  (TSE:4177) 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.

I-plug's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1505.00/119.939
=12.55

I-plug's share price for today is 円1505.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. I-plug's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円119.939.

* 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.


I-plug EV-to-FCF Related Terms


I-plug EV-to-FCF Historical Data

* Premium members only.

The historical data trend for I-plug'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.

I-plug EV-to-FCF Chart

I-plug Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial 18.81 -5.80 14.97 4.90 2.91

I-plug Semi-Annual Data
Mar19 Mar20 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 14.97 0.00 4.90 0.00 2.91

TSE:4177 vs KFY, RHI, TNET: EV-to-FCF Comparison

For the Staffing & Employment Services subindustry, I-plug'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.


I-plug EV-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, I-plug's EV-to-FCF distribution charts can be found below:

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


TSE:4177
86GF Score
I-plug Inc TSE:4177
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I-plug EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3035.461/1017.947
=2.98

I-plug's current Enterprise Value is 円3,035 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. I-plug's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,018 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 2.98 mean?
I-plug (TSE:4177) has a EV-to-FCF of 2.98 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on I-plug and its competitors. This is 70% below median its historical median of 9.99. According to the industry distribution chart, I-plug ranks #79 out of 718 companies in the Business Services industry, placing it in the top 11%.
Is I-plug's EV-to-FCF too high?
I-plug's current EV-to-FCF of 2.98 is 70% below median its 10-year median of 9.99. The Business Services industry median EV-to-FCF is 12.63. I-plug's value of 2.98 is 76.4% below this industry median. Based on the distribution chart, I-plug ranks #79 out of 718 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, I-plug has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does I-plug's EV-to-FCF compare to KFY and RHI?
According to the Business Services industry distribution chart, I-plug ranks #79 out of 718 companies for EV-to-FCF. This places I-plug in the top 11% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 12.63. I-plug's value of 2.98 is 76.4% below this benchmark. While the company's 10-year median is 9.99 vs. the industry median of 12.63, I-plug 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 Business Services company?
The median EV-to-FCF among Business Services companies is 12.63, based on 718 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. I-plug's current EV-to-FCF of 2.98 is 76.4% 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 I-plug and its competitors. For the Business Services industry, the median EV-to-FCF is 12.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I-plug's current EV-to-FCF is 2.98, which is 70% below median its own 10-year median of 9.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-plug stock overvalued right now?
Based on GuruFocus' analysis, I-plug (TSE:4177) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,685.35, compared to a current price of 円1,505.00 — trading 10.7% below its estimated fair value. The current EV-to-FCF is 2.98, which is 70% below median its 10-year median of 9.99 and 76.4% below the Business Services industry median of 12.63. I-plug's overall GF Score™ is 86/100 with 2 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 I-plug (TSE:4177), the current EV-to-FCF is 2.98 as of Jul. 15, 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 I-plug (TSE:4177) Overvalued in 2026?

Based on GuruFocus' analysis, I-plug stock appears to be undervalued. The current stock price of 円1,505.00 is trading 10.7% below its estimated GF Value™ of 円1,685.35. GuruFocus considers I-plug to be Modestly Undervalued.

Key valuation signals for TSE:4177:

  • EV-to-FCF: 2.98 (70% below median its 10-year median of 9.99)
  • GF Value™: 円1,685.35 vs. price of 円1,505.00 (10.7% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 76.4% below the Business Services median (#79 of 718)

No single metric tells the full story. See the TSE:4177 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-plug Business Description

Address 5-11-8 Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-0011
I-plug Inc provides a mechanism to expand the human resources who will bear the future and realizes personal growth and corporate development. It is mainly involved in the operation of the new graduate reverse recruitment site "OfferBox" series. The Company operates in a single segment, the HR platform business.
86GF Score

Get the complete analysis for TSE:4177

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

円1,505.00
Price
円1,685.35
GF Value