Forval Telecom (TSE:9445) EV-to-FCF: 22.94 (As of Aug. 02, 2026) — 208% Above Median

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TSE:9445 Forval Telecom Inc TSE:9445
73 GF Score
Price 円533.00
GF Value 円456.84
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Forval Telecom EV-to-FCF?

Forval Telecom TSE:9445 -1.30% 73 EV-to-FCF is 22.94 as of Aug. 02, 2026, which is 208% above its 10-year median of 7.46. GuruFocus rates TSE:9445 with a GF Score™ of 73/100 and a GF Value™ of 円456.84 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 252 Telecommunication Services companies, Forval Telecom ranks worse than 72.22% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Forval Telecom's Enterprise Value is 円8,037 Mil. Forval Telecom's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円350 Mil. Therefore, Forval Telecom's EV-to-FCF for today is 22.94.

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

TSE:9445' s EV-to-FCF Range Over the Past 10 Years
Min: -77.67   Med: 7.46   Max: 51.27
Current: 23.28

During the past 13 years, the highest EV-to-FCF of Forval Telecom was 51.27. The lowest was -77.67. And the median was 7.46.

TSE:9445's EV-to-FCF is ranked worse than
72.22% of 252 companies
in the Telecommunication Services industry
Industry Median: 15.29 vs TSE:9445: 23.28

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 (2026-08-02), Forval Telecom's stock price is 円533.00. Forval Telecom's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円58.818. Therefore, Forval Telecom's PE Ratio (TTM) for today is 9.06.


Forval Telecom  (TSE:9445) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=533.00/58.818
=9.06

Forval Telecom's share price for today is 円533.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Forval Telecom's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円58.818.

* 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.


Forval Telecom EV-to-FCF Related Terms


Forval Telecom EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Forval Telecom'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.

Forval Telecom EV-to-FCF Chart

Forval Telecom 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 5.07 12.33 6.87 4.50 23.76

Forval Telecom 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 6.87 0.00 4.50 0.00 23.76

TSE:9445 vs VZ, TMUS, T: EV-to-FCF Comparison

For the Telecom Services subindustry, Forval Telecom'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.


Forval Telecom EV-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forval Telecom's EV-to-FCF distribution charts can be found below:

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


TSE:9445
73GF Score
Forval Telecom Inc TSE:9445
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval Telecom EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=8037.163/350.321
=22.94

Forval Telecom's current Enterprise Value is 円8,037 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Forval Telecom's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円350 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 22.94 mean?
Forval Telecom (TSE:9445) has a EV-to-FCF of 22.94 as of Aug. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Forval Telecom and its competitors. This is 208% above median its historical median of 7.46. According to the industry distribution chart, Forval Telecom ranks #182 out of 252 companies in the Telecommunication Services industry, placing it in the top 72.2%.
Is Forval Telecom's EV-to-FCF too high?
Forval Telecom's current EV-to-FCF of 22.94 is 208% above median its 10-year median of 7.46. The Telecommunication Services industry median EV-to-FCF is 15.29. Forval Telecom's value of 22.94 is 50% above this industry median. Based on the distribution chart, Forval Telecom ranks #182 out of 252 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Forval Telecom has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forval Telecom's EV-to-FCF compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Forval Telecom ranks #182 out of 252 companies for EV-to-FCF. This places Forval Telecom in the lower half of its industry. The industry median EV-to-FCF is 15.29. Forval Telecom's value of 22.94 is 50% above this benchmark. While the company's 10-year median is 7.46 vs. the industry median of 15.29, Forval Telecom has consistently been above 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 Telecommunication Services company?
The median EV-to-FCF among Telecommunication Services companies is 15.29, based on 252 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. Forval Telecom's current EV-to-FCF of 22.94 is 50% above 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 Forval Telecom and its competitors. For the Telecommunication Services industry, the median EV-to-FCF is 15.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval Telecom's current EV-to-FCF is 22.94, which is 208% above median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval Telecom stock overvalued right now?
Based on GuruFocus' analysis, Forval Telecom (TSE:9445) is currently considered Modestly Overvalued. The stock's GF Value™ is 円456.84, compared to a current price of 円533.00 — trading 16.7% above its estimated fair value. The current EV-to-FCF is 22.94, which is 208% above median its 10-year median of 7.46 and 50% above the Telecommunication Services industry median of 15.29. Forval Telecom's overall GF Score™ is 73/100 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 Forval Telecom (TSE:9445), the current EV-to-FCF is 22.94 as of Aug. 02, 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 Forval Telecom (TSE:9445) Overvalued in 2026?

Based on GuruFocus' analysis, Forval Telecom stock appears to be overvalued. The current stock price of 円533.00 is trading 16.7% above its estimated GF Value™ of 円456.84. GuruFocus considers Forval Telecom to be Modestly Overvalued.

Key valuation signals for TSE:9445:

  • EV-to-FCF: 22.94 (208% above median its 10-year median of 7.46)
  • GF Value™: 円456.84 vs. price of 円533.00 (16.7% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 50% above the Telecommunication Services median (#182 of 252)

No single metric tells the full story. See the TSE:9445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval Telecom Business Description

Address 3-26, Kanda-Nishikicho, HitotsubashiSI Bldg. 2F, Chiyoda-ku, Tokyo, JPN, 101-0054
Forval Telecom Inc provides telecommunications communication services and management consulting services in Japan. It provides discount international and domestic telephone and cellular phone services for the business and private sectors. It is also involved in the security certification acquisition consulting business.
73GF Score

Get the complete analysis for TSE:9445

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

円533.00
Price
円456.84
GF Value