Star Flyer (TSE:9206) EV-to-FCF: 8.79 (As of Jul. 21, 2026) — 685% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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TSE:9206 Star Flyer Inc TSE:9206
54 GF Score
Price 円1,921.00
GF Value 円2,858.76
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Star Flyer EV-to-FCF?

Star Flyer TSE:9206 -0.21% 54 EV-to-FCF is 8.79 as of Jul. 21, 2026, which is 685% above its 10-year median of 1.12. GuruFocus rates TSE:9206 with a GF Score™ of 54/100 and a GF Value™ of 円2,858.76 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 671 Transportation companies, Star Flyer ranks better than 68.85% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Star Flyer's Enterprise Value is 円8,039 Mil. Star Flyer's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円915 Mil. Therefore, Star Flyer's EV-to-FCF for today is 8.79.

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

TSE:9206' s EV-to-FCF Range Over the Past 10 Years
Min: -117.77   Med: 1.12   Max: 43.22
Current: 8.8

During the past 13 years, the highest EV-to-FCF of Star Flyer was 43.22. The lowest was -117.77. And the median was 1.12.

TSE:9206's EV-to-FCF is ranked better than
68.85% of 671 companies
in the Transportation industry
Industry Median: 14.32 vs TSE:9206: 8.80

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 (2026-07-21), Star Flyer's stock price is 円1921.00. Star Flyer's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円114.434. Therefore, Star Flyer's PE Ratio (TTM) for today is 16.79.


Star Flyer  (TSE:9206) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1921.00/114.434
=16.79

Star Flyer's share price for today is 円1921.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Star Flyer's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円114.434.

* 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.


Star Flyer EV-to-FCF Related Terms


Star Flyer EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Star Flyer'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.

Star Flyer EV-to-FCF Chart

Star Flyer 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 -1.09 -84.93 41.32 0.28 9.10

Star Flyer 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 41.32 0.00 0.28 0.00 9.10

TSE:9206 vs DAL, UAL, LUV: EV-to-FCF Comparison

For the Airlines subindustry, Star Flyer'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.


Star Flyer EV-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Star Flyer's EV-to-FCF distribution charts can be found below:

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


TSE:9206
54GF Score
Star Flyer Inc TSE:9206
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Flyer EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=8039.359/915
=8.79

Star Flyer's current Enterprise Value is 円8,039 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Star Flyer's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円915 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 8.79 mean?
Star Flyer (TSE:9206) has a EV-to-FCF of 8.79 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Star Flyer and its competitors. This is 685% above median its historical median of 1.12. According to the industry distribution chart, Star Flyer ranks #209 out of 671 companies in the Transportation industry, placing it in the top 31.1%.
Is Star Flyer's EV-to-FCF too high?
Star Flyer's current EV-to-FCF of 8.79 is 685% above median its 10-year median of 1.12. The Transportation industry median EV-to-FCF is 14.32. Star Flyer's value of 8.79 is 38.6% below this industry median. Based on the distribution chart, Star Flyer ranks #209 out of 671 companies in the Transportation industry, which is above the industry midpoint. Overall, Star Flyer has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Flyer's EV-to-FCF compare to DAL and UAL?
According to the Transportation industry distribution chart, Star Flyer ranks #209 out of 671 companies for EV-to-FCF. This puts Star Flyer in the upper half of its industry. The industry median EV-to-FCF is 14.32. Star Flyer's value of 8.79 is 38.6% below this benchmark. While the company's 10-year median is 1.12 vs. the industry median of 14.32, Star Flyer 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 Transportation company?
The median EV-to-FCF among Transportation companies is 14.32, based on 671 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. Star Flyer's current EV-to-FCF of 8.79 is 38.6% 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 Star Flyer and its competitors. For the Transportation industry, the median EV-to-FCF is 14.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Flyer's current EV-to-FCF is 8.79, which is 685% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Flyer stock overvalued right now?
Based on GuruFocus' analysis, Star Flyer (TSE:9206) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,858.76, compared to a current price of 円1,921.00 — trading 32.8% below its estimated fair value. The current EV-to-FCF is 8.79, which is 685% above median its 10-year median of 1.12 and 38.6% below the Transportation industry median of 14.32. Star Flyer's overall GF Score™ is 54/100 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 Star Flyer (TSE:9206), the current EV-to-FCF is 8.79 as of Jul. 21, 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 Star Flyer (TSE:9206) Overvalued in 2026?

Based on GuruFocus' analysis, Star Flyer stock appears to be undervalued. The current stock price of 円1,921.00 is trading 32.8% below its estimated GF Value™ of 円2,858.76. GuruFocus considers Star Flyer to be Significantly Undervalued.

Key valuation signals for TSE:9206:

  • EV-to-FCF: 8.79 (685% above median its 10-year median of 1.12)
  • GF Value™: 円2,858.76 vs. price of 円1,921.00 (32.8% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 38.6% below the Transportation median (#209 of 671)

No single metric tells the full story. See the TSE:9206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Flyer Business Description

Address 6 Kuko Kitamachi, Starflyer Kitakyushu Airport Headquarters Building, Kokuraminami-ku, Kitakyushu, Fukuoka, JPN, 800-0306
Star Flyer Inc operates as an airline carrier in the aviation industry. The company provides air transportation services for passengers, baggage, and cargo. Star Flyer also offers shuttle services between key Japanese cities.
54GF Score

Get the complete analysis for TSE:9206

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

円1,921.00
Price
円2,858.76
GF Value