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Starts PublishingTSE:7849 -0.43%86 EV-to-FCF is 11.49 as of Jul. 14, 2026, which is 53% above its 10-year median of 7.51. GuruFocus rates TSE:7849 with a GF Score™ of 86/100 and a GF Value™ of 円3,953.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 611 Media - Diversified companies, Starts Publishing ranks worse than 50.25% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Starts Publishing's Enterprise Value is 円9,832 Mil.
Starts Publishing's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was 円856 Mil. Therefore, Starts Publishing's EV-to-FCF for today is 11.49.
The historical rank and industry rank for Starts Publishing's EV-to-FCF or its related term are showing as below:
TSE:7849'
s EV-to-FCF Range Over the Past 10 Years
Min: -137.43 Med: 7.51 Max: 6609.03
Current: 11.56
During the past 13 years, the highest EV-to-FCF of Starts Publishing was 6609.03. The lowest was -137.43. And the median was 7.51.
TSE:7849's EV-to-FCF is ranked worse than 50.25% of 611
companies
in the Media - Diversified industry
Industry Median: 11.54
vs TSE:7849: 11.56
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.
Starts Publishing's PE Ratio (TTM) for today is calculated as:
Starts Publishing's share price for today is 円3490.00.
Starts Publishing's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円139.660.
* 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.
Starts Publishing EV-to-FCF Related Terms
Starts Publishing EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Starts Publishing'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 Publishing subindustry, Starts Publishing'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.
Starts Publishing EV-to-FCF vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Starts Publishing's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Starts Publishing's EV-to-FCF falls into.
Starts Publishing's current Enterprise Value is 円9,832 Mil.
Starts Publishing's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円856 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.
Starts Publishing (TSE:7849) has a EV-to-FCF of 11.49 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Starts Publishing and its competitors. This is 53% above median its historical median of 7.51. According to the industry distribution chart, Starts Publishing ranks #307 out of 611 companies in the Media - Diversified industry, placing it in the top 50.2%.
Is Starts Publishing's EV-to-FCF too high?
Starts Publishing's current EV-to-FCF of 11.49 is 53% above median its 10-year median of 7.51. The Media - Diversified industry median EV-to-FCF is 11.54. Starts Publishing's value of 11.49 is 0.4% below this industry median. Based on the distribution chart, Starts Publishing ranks #307 out of 611 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Starts Publishing has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starts Publishing's EV-to-FCF compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Starts Publishing ranks #307 out of 611 companies for EV-to-FCF. This places Starts Publishing in the lower half of its industry. The industry median EV-to-FCF is 11.54. Starts Publishing's value of 11.49 is 0.4% below this benchmark. While the company's 10-year median is 7.51 vs. the industry median of 11.54, Starts Publishing 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 Media - Diversified company?
The median EV-to-FCF among Media - Diversified companies is 11.54, based on 611 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. Starts Publishing's current EV-to-FCF of 11.49 is 0.4% 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 Starts Publishing and its competitors. For the Media - Diversified industry, the median EV-to-FCF is 11.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Publishing's current EV-to-FCF is 11.49, which is 53% above median its own 10-year median of 7.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Publishing stock overvalued right now?
Based on GuruFocus' analysis, Starts Publishing (TSE:7849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,953.56, compared to a current price of 円3,490.00 — trading 11.7% below its estimated fair value. The current EV-to-FCF is 11.49, which is 53% above median its 10-year median of 7.51 and 0.4% below the Media - Diversified industry median of 11.54. Starts Publishing'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 Starts Publishing (TSE:7849), the current EV-to-FCF is 11.49 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 Starts Publishing (TSE:7849) Overvalued in 2026?
Based on GuruFocus' analysis, Starts Publishing stock appears to be undervalued.
The current stock price of 円3,490.00 is trading 11.7% below its estimated GF Value™ of 円3,953.56.
GuruFocus considers Starts Publishing to be Modestly Undervalued.
Key valuation signals for TSE:7849:
EV-to-FCF: 11.49 (53% above median its 10-year median of 7.51)
GF Value™: 円3,953.56 vs. price of 円3,490.00 (11.7% below fair value)
Industry Position: 0.4% below the Media - Diversified median (#307 of 611)
No single metric tells the full story. See the TSE:7849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starts Publishing Corp is engaged in Tokyo marketing domain which include event planning and management and sales to publishing store, and post contents of the domain. Its segments include: Book content business; and Media Solutions Business. It derives maximum revenue from Book content business segment.
86GF Score
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