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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Howa Machinery's Enterprise Value is 円18,824 Mil.
Howa Machinery's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,519 Mil. Therefore, Howa Machinery's EV-to-FCF for today is 4.17.
The historical rank and industry rank for Howa Machinery's EV-to-FCF or its related term are showing as below:
TSE:6203'
s EV-to-FCF Range Over the Past 10 Years
Min: -11.98 Med: -4.81 Max: 51.32
Current: 4.29
During the past 13 years, the highest EV-to-FCF of Howa Machinery was 51.32. The lowest was -11.98. And the median was -4.81.
TSE:6203's EV-to-FCF is ranked better than 90.82% of 1732
companies
in the Industrial Products industry
Industry Median: 25.015
vs TSE:6203: 4.29
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.
Howa Machinery's PE Ratio (TTM) for today is calculated as:
Howa Machinery's share price for today is 円1595.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Howa Machinery's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円61.410.
* 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.
Howa Machinery EV-to-FCF Related Terms
Howa Machinery EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Howa Machinery'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, Howa Machinery'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.
Howa Machinery EV-to-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Howa Machinery's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Howa Machinery's EV-to-FCF falls into.
Howa Machinery's current Enterprise Value is 円18,824 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Howa Machinery's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,519 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.
Howa Machinery (TSE:6203) has a EV-to-FCF of 4.17 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Howa Machinery and its competitors. According to the industry distribution chart, Howa Machinery ranks #159 out of 1732 companies in the Industrial Products industry, placing it in the top 9.2%.
Is Howa Machinery's EV-to-FCF too high?
Howa Machinery's current EV-to-FCF is 4.17. The Industrial Products industry median EV-to-FCF is 25.02. Howa Machinery's value of 4.17 is 83.3% below this industry median. Based on the distribution chart, Howa Machinery ranks #159 out of 1732 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Howa Machinery has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howa Machinery's EV-to-FCF compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Howa Machinery ranks #159 out of 1732 companies for EV-to-FCF. This places Howa Machinery in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 25.02. Howa Machinery's value of 4.17 is 83.3% 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 an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 25.02, based on 1,732 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. Howa Machinery's current EV-to-FCF of 4.17 is 83.3% 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 Howa Machinery and its competitors. For the Industrial Products industry, the median EV-to-FCF is 25.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howa Machinery's current EV-to-FCF is 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howa Machinery stock overvalued right now?
Based on GuruFocus' analysis, Howa Machinery (TSE:6203) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,025.15, compared to a current price of 円1,595.00 — trading 55.6% above its estimated fair value. The current EV-to-FCF is 4.17 and 83.3% below the Industrial Products industry median of 25.02. Howa Machinery's overall GF Score™ is 61/100 with 6 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 Howa Machinery (TSE:6203), the current EV-to-FCF is 4.17 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 Howa Machinery (TSE:6203) Overvalued in 2026?
Based on GuruFocus' analysis, Howa Machinery stock appears to be overvalued.
The current stock price of 円1,595.00 is trading 55.6% above its estimated GF Value™ of 円1,025.15.
GuruFocus considers Howa Machinery to be Significantly Overvalued.
Key valuation signals for TSE:6203:
EV-to-FCF: 4.17
GF Value™: 円1,025.15 vs. price of 円1,595.00 (55.6% above fair value)
Industry Position: 83.3% below the Industrial Products median (#159 of 1732)
No single metric tells the full story. See the TSE:6203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howa Machinery Ltd engages in the manufacture and sale of machine tools, pneumatic and hydraulic equipment, electronic machines, firearms, construction materials and construction machinery.
61GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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