HIMACS (TSE:4299) EV-to-FCF: 2.67 (As of Jul. 14, 2026) — 53% Below Median

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TSE:4299 HIMACS Ltd TSE:4299
66 GF Score
Price 円1,189.00
GF Value 円1,474.80
Valuation Modestly Undervalued
View Full Analysis

What is HIMACS EV-to-FCF?

HIMACS TSE:4299 +0.42% 66 EV-to-FCF is 2.67 as of Jul. 14, 2026, which is 53% below its 10-year median of 5.65. GuruFocus rates TSE:4299 with a GF Score™ of 66/100 and a GF Value™ of 円1,474.80 (Modestly Undervalued). Among 1,593 Software companies, HIMACS ranks better than 91.96% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, HIMACS's Enterprise Value is 円3,575 Mil. HIMACS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,337 Mil. Therefore, HIMACS's EV-to-FCF for today is 2.67.

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

TSE:4299' s EV-to-FCF Range Over the Past 10 Years
Min: 1.85   Med: 5.65   Max: 38.06
Current: 2.63

During the past 13 years, the highest EV-to-FCF of HIMACS was 38.06. The lowest was 1.85. And the median was 5.65.

TSE:4299's EV-to-FCF is ranked better than
91.96% of 1593 companies
in the Software industry
Industry Median: 14.83 vs TSE:4299: 2.63

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), HIMACS's stock price is 円1189.00. HIMACS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円101.600. Therefore, HIMACS's PE Ratio (TTM) for today is 11.70.


HIMACS  (TSE:4299) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1189.00/101.600
=11.70

HIMACS's share price for today is 円1189.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HIMACS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円101.600.

* 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.


HIMACS EV-to-FCF Related Terms


HIMACS EV-to-FCF Historical Data

* Premium members only.

The historical data trend for HIMACS'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.

HIMACS EV-to-FCF Chart

HIMACS 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 8.35 4.98 4.74 7.11 2.58

HIMACS 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 4.74 0.00 7.11 0.00 2.58

TSE:4299 vs UBER, SHOP, CRM: EV-to-FCF Comparison

For the Software - Application subindustry, HIMACS'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.


HIMACS EV-to-FCF vs Software Industry

For the Software industry and Technology sector, HIMACS's EV-to-FCF distribution charts can be found below:

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


TSE:4299
66GF Score
HIMACS Ltd TSE:4299
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HIMACS EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3574.890/1337
=2.67

HIMACS's current Enterprise Value is 円3,575 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HIMACS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,337 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 2.67 mean?
HIMACS (TSE:4299) has a EV-to-FCF of 2.67 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HIMACS and its competitors. This is 53% below median its historical median of 5.65. Over the past decade, HIMACS's EV-to-FCF has ranged from 1.85 to 38.06. According to the industry distribution chart, HIMACS ranks #128 out of 1593 companies in the Software industry, placing it in the top 8%.
Is HIMACS's EV-to-FCF too high?
HIMACS's current EV-to-FCF of 2.67 is 53% below median its 10-year median of 5.65. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 38.06. The Software industry median EV-to-FCF is 14.83. HIMACS's value of 2.67 is 82% below this industry median. Based on the distribution chart, HIMACS ranks #128 out of 1593 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, HIMACS has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HIMACS's EV-to-FCF compare to UBER and SHOP?
According to the Software industry distribution chart, HIMACS ranks #128 out of 1593 companies for EV-to-FCF. This places HIMACS in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.83. HIMACS's value of 2.67 is 82% below this benchmark. Historically, HIMACS's own EV-to-FCF has ranged from 1.85 to 38.06 over the past decade. While the company's 10-year median is 5.65 vs. the industry median of 14.83, HIMACS 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 Software company?
The median EV-to-FCF among Software companies is 14.83, based on 1,593 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. HIMACS's current EV-to-FCF of 2.67 is 82% 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 HIMACS and its competitors. For the Software industry, the median EV-to-FCF is 14.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIMACS's current EV-to-FCF is 2.67, which is 53% below median its own 10-year median of 5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIMACS stock overvalued right now?
Based on GuruFocus' analysis, HIMACS (TSE:4299) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,474.80, compared to a current price of 円1,189.00 — trading 19.4% below its estimated fair value. The current EV-to-FCF is 2.67, which is 53% below median its 10-year median of 5.65 and 82% below the Software industry median of 14.83. HIMACS's overall GF Score™ is 66/100. 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 HIMACS (TSE:4299), the current EV-to-FCF is 2.67 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 HIMACS (TSE:4299) Overvalued in 2026?

Based on GuruFocus' analysis, HIMACS stock appears to be undervalued. The current stock price of 円1,189.00 is trading 19.4% below its estimated GF Value™ of 円1,474.80. GuruFocus considers HIMACS to be Modestly Undervalued.

Key valuation signals for TSE:4299:

  • EV-to-FCF: 2.67 (53% below median its 10-year median of 5.65)
  • GF Value™: 円1,474.80 vs. price of 円1,189.00 (19.4% below fair value)
  • GF Score™: 66/100
  • Industry Position: 82% below the Software median (#128 of 1593)

No single metric tells the full story. See the TSE:4299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HIMACS Business Description

Address 2-3-5, Minatomirai, Nishi-ku, Queen\'s Tower C, Kanagawa, Yokohama, JPN, 220-6216
HIMACS Ltd provides defined valued process for various system lifecycles in Japan. Its system solution services include the provision of consulting services, the design and development phase, testing and implementation of operating systems.
66GF Score

Get the complete analysis for TSE:4299

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

円1,189.00
Price
円1,474.80
GF Value