FCF Margin % is calculated as Free Cash Flow divided by its Revenue. ASJ's Free Cash Flow for the
six
months ended in Mar. 2026 was 円121 Mil. ASJ's Revenue for the
six
months ended in Mar. 2026 was 円1,429 Mil. Therefore, ASJ's FCF Margin % for the quarter that ended in Mar. 2026 was 8.49%.
The historical rank and industry rank for ASJ's FCF Margin % or its related term are showing as below:
TSE:2351'
s FCF Margin % Range Over the Past 10 Years
Min: -17.96 Med: -2.73 Max: 9.04
Current: 9.04
During the past 13 years, the highest FCF Margin % of ASJ was 9.04%. The lowest was -17.96%. And the median was -2.73%.
TSE:2351's FCF Margin % is ranked better than 67.77% of 2811
companies
in the Software industry
Industry Median: 2.48
vs TSE:2351: 9.04
ASJ FCF Margin % Related Terms
ASJ FCF Margin % Historical Data
* Premium members only.
The historical data trend for ASJ's FCF Margin % 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.
TSE:2351 vs MSFT, ORCL, PLTR: FCF Margin % Comparison
For the Software - Infrastructure subindustry, ASJ's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.
ASJ FCF Margin % vs Software Industry
For the Software industry and Technology sector, ASJ's FCF Margin % distribution charts can be found below:
* The bar in red indicates where ASJ's FCF Margin % falls into.
* 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.
ASJ (TSE:2351) has a FCF Margin % of 8.49% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on ASJ and its competitors. According to the industry distribution chart, ASJ ranks #906 out of 2811 companies in the Software industry, placing it in the top 32.2%.
Is ASJ's FCF Margin % too high?
ASJ's current FCF Margin % is 8.49%. The Software industry median FCF Margin % is 2.48. ASJ's value of 8.49% is 242.3% above this industry median. Based on the distribution chart, ASJ ranks #906 out of 2811 companies in the Software industry, which is above the industry midpoint. Overall, ASJ has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASJ's FCF Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, ASJ ranks #906 out of 2811 companies for FCF Margin %. This puts ASJ in the upper half of its industry. The industry median FCF Margin % is 2.48. ASJ's value of 8.49% is 242.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.48, based on 2,811 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASJ's current FCF Margin % of 8.49% is 242.3% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on ASJ and its competitors. For the Software industry, the median FCF Margin % is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASJ's current FCF Margin % is 8.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASJ stock overvalued right now?
Based on GuruFocus' analysis, ASJ (TSE:2351) is currently considered Modestly Undervalued. The stock's GF Value™ is 円390.44, compared to a current price of 円319.00 — trading 18.3% below its estimated fair value. The current FCF Margin % is 8.49% and 242.3% above the Software industry median of 2.48. ASJ's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For ASJ (TSE:2351), the current FCF Margin % is 8.49% as of Mar. 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 ASJ (TSE:2351) Overvalued in 2026?
Based on GuruFocus' analysis, ASJ stock appears to be undervalued.
The current stock price of 円319.00 is trading 18.3% below its estimated GF Value™ of 円390.44.
GuruFocus considers ASJ to be Modestly Undervalued.
Key valuation signals for TSE:2351:
FCF Margin %: 8.49%
GF Value™: 円390.44 vs. price of 円319.00 (18.3% below fair value)
Industry Position: 242.3% above the Software median (#906 of 2811)
No single metric tells the full story. See the TSE:2351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASJ Inc is a core services provider company. It is engaged in Internet-related services such as hosting service and provision of groupware and domain service. Its business activities include cloud services, payment service, consulting on the Internet and development of computer software and smartphone applications.
51GF Score
Get the complete analysis for TSE:2351
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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