Shoei (TSE:9385) EV-to-FCF: 9.91 (As of Aug. 07, 2026) — 49% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9385 Shoei Corp TSE:9385
65 GF Score
Price 円769.00
GF Value 円558.65
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shoei EV-to-FCF?

Shoei TSE:9385 +2.67% 65 EV-to-FCF is 9.91 as of Aug. 07, 2026, which is 49% above its 10-year median of 6.65. GuruFocus rates TSE:9385 with a GF Score™ of 65/100 and a GF Value™ of 円558.65 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 606 Media - Diversified companies, Shoei ranks better than 55.61% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Shoei's Enterprise Value is 円8,219 Mil. Shoei's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円829 Mil. Therefore, Shoei's EV-to-FCF for today is 9.91.

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

TSE:9385' s EV-to-FCF Range Over the Past 10 Years
Min: -230.08   Med: 6.65   Max: 52.13
Current: 9.9

During the past 13 years, the highest EV-to-FCF of Shoei was 52.13. The lowest was -230.08. And the median was 6.65.

TSE:9385's EV-to-FCF is ranked better than
55.61% of 606 companies
in the Media - Diversified industry
Industry Median: 11.855 vs TSE:9385: 9.90

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 (2026-08-07), Shoei's stock price is 円769.00. Shoei's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円110.470. Therefore, Shoei's PE Ratio (TTM) for today is 6.96.


Shoei  (TSE:9385) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=769.00/110.470
=6.96

Shoei's share price for today is 円769.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shoei's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円110.470.

* 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.


Shoei EV-to-FCF Related Terms


Shoei EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Shoei'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.

Shoei EV-to-FCF Chart

Shoei 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 52.39 14.66 5.97 -175.35 9.59

Shoei 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 5.97 0.00 -175.35 0.00 9.59

TSE:9385 vs APP, OMC, TTD: EV-to-FCF Comparison

For the Advertising Agencies subindustry, Shoei'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.


Shoei EV-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shoei's EV-to-FCF distribution charts can be found below:

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


TSE:9385
65GF Score
Shoei Corp TSE:9385
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoei EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=8219.434/829.415
=9.91

Shoei's current Enterprise Value is 円8,219 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shoei's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円829 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 9.91 mean?
Shoei (TSE:9385) has a EV-to-FCF of 9.91 as of Aug. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Shoei and its competitors. This is 49% above median its historical median of 6.65. According to the industry distribution chart, Shoei ranks #269 out of 606 companies in the Media - Diversified industry, placing it in the top 44.4%.
Is Shoei's EV-to-FCF too high?
Shoei's current EV-to-FCF of 9.91 is 49% above median its 10-year median of 6.65. The Media - Diversified industry median EV-to-FCF is 11.86. Shoei's value of 9.91 is 16.4% below this industry median. Based on the distribution chart, Shoei ranks #269 out of 606 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Shoei has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shoei's EV-to-FCF compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Shoei ranks #269 out of 606 companies for EV-to-FCF. This puts Shoei in the upper half of its industry. The industry median EV-to-FCF is 11.86. Shoei's value of 9.91 is 16.4% below this benchmark. While the company's 10-year median is 6.65 vs. the industry median of 11.86, Shoei 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 11.86, based on 606 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. Shoei's current EV-to-FCF of 9.91 is 16.4% 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 Shoei and its competitors. For the Media - Diversified industry, the median EV-to-FCF is 11.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoei's current EV-to-FCF is 9.91, which is 49% above median its own 10-year median of 6.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei stock overvalued right now?
Based on GuruFocus' analysis, Shoei (TSE:9385) is currently considered Significantly Overvalued. The stock's GF Value™ is 円558.65, compared to a current price of 円769.00 — trading 37.7% above its estimated fair value. The current EV-to-FCF is 9.91, which is 49% above median its 10-year median of 6.65 and 16.4% below the Media - Diversified industry median of 11.86. Shoei's overall GF Score™ is 65/100 with 3 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 Shoei (TSE:9385), the current EV-to-FCF is 9.91 as of Aug. 07, 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 Shoei (TSE:9385) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei stock appears to be overvalued. The current stock price of 円769.00 is trading 37.7% above its estimated GF Value™ of 円558.65. GuruFocus considers Shoei to be Significantly Overvalued.

Key valuation signals for TSE:9385:

  • EV-to-FCF: 9.91 (49% above median its 10-year median of 6.65)
  • GF Value™: 円558.65 vs. price of 円769.00 (37.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 16.4% below the Media - Diversified median (#269 of 606)

No single metric tells the full story. See the TSE:9385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoei Business Description

Address 2-1-1 Bingocho, 7th Floor, 2nd Nomura Building, Chuo-ku, Osaka, JPN
Shoei Corp is engaged in Sales promotion support business and Product sales business. The sales promotion support business provides and supports products and services from planning to delivery in order to further promote the customer's own business.
65GF Score

Get the complete analysis for TSE:9385

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

円769.00
Price
円558.65
GF Value