MAX Co (TSE:6454) EV-to-FCF: 23.36 (As of Jul. 20, 2026) — 72% Above Median

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TSE:6454 MAX Co Ltd TSE:6454
72 GF Score
Price 円1,712.00
GF Value 円1,102.67
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is MAX Co EV-to-FCF?

MAX Co TSE:6454 -0.75% 72 EV-to-FCF is 23.36 as of Jul. 20, 2026, which is 72% above its 10-year median of 13.62. GuruFocus rates TSE:6454 with a GF Score™ of 72/100 and a GF Value™ of 円1,102.67 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,733 Industrial Products companies, MAX Co ranks better than 51.01% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, MAX Co's Enterprise Value is 円266,131 Mil. MAX Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円11,392 Mil. Therefore, MAX Co's EV-to-FCF for today is 23.36.

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

TSE:6454' s EV-to-FCF Range Over the Past 10 Years
Min: 6.24   Med: 13.62   Max: 44.21
Current: 23.36

During the past 13 years, the highest EV-to-FCF of MAX Co was 44.21. The lowest was 6.24. And the median was 13.62.

TSE:6454's EV-to-FCF is ranked better than
51.01% of 1733 companies
in the Industrial Products industry
Industry Median: 24.13 vs TSE:6454: 23.36

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 (2026-07-20), MAX Co's stock price is 円1712.00. MAX Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円76.551. Therefore, MAX Co's PE Ratio (TTM) for today is 22.36.


MAX Co  (TSE:6454) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1712.00/76.551
=22.36

MAX Co's share price for today is 円1712.00.
MAX Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円76.551.

* 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.


MAX Co EV-to-FCF Related Terms


MAX Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for MAX 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.

MAX Co EV-to-FCF Chart

MAX Co 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 44.43 14.91 12.59 13.20 21.68

MAX Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 13.20 14.44 18.63 22.40 21.68

TSE:6454 vs SNA, RBC, LECO: EV-to-FCF Comparison

For the Tools & Accessories subindustry, MAX 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.


MAX Co EV-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MAX Co's EV-to-FCF distribution charts can be found below:

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


TSE:6454
72GF Score
MAX Co Ltd TSE:6454
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAX Co EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=266131.186/11392
=23.36

MAX Co's current Enterprise Value is 円266,131 Mil.
MAX Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円11,392 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 23.36 mean?
MAX Co (TSE:6454) has a EV-to-FCF of 23.36 as of Jul. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on MAX Co and its competitors. This is 72% above median its historical median of 13.62. Over the past decade, MAX Co's EV-to-FCF has ranged from 6.24 to 44.21. According to the industry distribution chart, MAX Co ranks #849 out of 1733 companies in the Industrial Products industry, placing it in the top 49%.
Is MAX Co's EV-to-FCF too high?
MAX Co's current EV-to-FCF of 23.36 is 72% above median its 10-year median of 13.62. Over the past 10 years, this metric has ranged from a low of 6.24 to a high of 44.21. The Industrial Products industry median EV-to-FCF is 24.13. MAX Co's value of 23.36 is 3.2% below this industry median. Based on the distribution chart, MAX Co ranks #849 out of 1733 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MAX Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MAX Co's EV-to-FCF compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MAX Co ranks #849 out of 1733 companies for EV-to-FCF. This puts MAX Co in the upper half of its industry. The industry median EV-to-FCF is 24.13. MAX Co's value of 23.36 is 3.2% below this benchmark. Historically, MAX Co's own EV-to-FCF has ranged from 6.24 to 44.21 over the past decade. While the company's 10-year median is 13.62 vs. the industry median of 24.13, MAX 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 24.13, based on 1,733 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. MAX Co's current EV-to-FCF of 23.36 is 3.2% 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 MAX Co and its competitors. For the Industrial Products industry, the median EV-to-FCF is 24.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAX Co's current EV-to-FCF is 23.36, which is 72% above median its own 10-year median of 13.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Co stock overvalued right now?
Based on GuruFocus' analysis, MAX Co (TSE:6454) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,102.67, compared to a current price of 円1,712.00 — trading 55.3% above its estimated fair value. The current EV-to-FCF is 23.36, which is 72% above median its 10-year median of 13.62 and 3.2% below the Industrial Products industry median of 24.13. MAX Co's overall GF Score™ is 72/100 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 MAX Co (TSE:6454), the current EV-to-FCF is 23.36 as of Jul. 20, 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 MAX Co (TSE:6454) Overvalued in 2026?

Based on GuruFocus' analysis, MAX Co stock appears to be overvalued. The current stock price of 円1,712.00 is trading 55.3% above its estimated GF Value™ of 円1,102.67. GuruFocus considers MAX Co to be Significantly Overvalued.

Key valuation signals for TSE:6454:

  • EV-to-FCF: 23.36 (72% above median its 10-year median of 13.62)
  • GF Value™: 円1,102.67 vs. price of 円1,712.00 (55.3% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 3.2% below the Industrial Products median (#849 of 1733)

No single metric tells the full story. See the TSE:6454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MAX Co Business Description

Address 6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.
72GF Score

Get the complete analysis for TSE:6454

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

円1,712.00
Price
円1,102.67
GF Value