Internet Initiative Japan (TSE:3774) FCF Margin %: 2.27% (As of Mar. 2026) — 69% Below Median


TSE:3774 Internet Initiative Japan Inc TSE:3774
93 GF Score
Price 円3,479.00
GF Value 円3,332.08
Valuation Fairly Valued
! 6 Warning Signs
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What is Internet Initiative Japan FCF Margin %?

Internet Initiative Japan TSE:3774 -0.88% 93 FCF Margin % is 2.27% as of Mar. 2026, which is 69% below its 10-year median of 7.25. GuruFocus rates TSE:3774 with a GF Score™ of 93/100 and a GF Value™ of 円3,332.08 (Fairly Valued). The stock has 6 warning signs investors should review. Among 364 Telecommunication Services companies, Internet Initiative Japan ranks worse than 54.95% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Internet Initiative Japan's Free Cash Flow for the three months ended in Mar. 2026 was 円2,185 Mil. Internet Initiative Japan's Revenue for the three months ended in Mar. 2026 was 円96,064 Mil. Therefore, Internet Initiative Japan's FCF Margin % for the quarter that ended in Mar. 2026 was 2.27%.

As of today, Internet Initiative Japan's current FCF Yield % is 3.56%.

The historical rank and industry rank for Internet Initiative Japan's FCF Margin % or its related term are showing as below:

TSE:3774' s FCF Margin % Range Over the Past 10 Years
Min: -2.06   Med: 7.25   Max: 14.16
Current: 6.36


During the past 13 years, the highest FCF Margin % of Internet Initiative Japan was 14.16%. The lowest was -2.06%. And the median was 7.25%.

TSE:3774's FCF Margin % is ranked worse than
54.95% of 364 companies
in the Telecommunication Services industry
Industry Median: 8.37 vs TSE:3774: 6.36


Internet Initiative Japan FCF Margin % Related Terms


Internet Initiative Japan FCF Margin % Historical Data

* Premium members only.

The historical data trend for Internet Initiative Japan'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.

Internet Initiative Japan FCF Margin % Chart

Internet Initiative Japan Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.16 8.42 7.91 2.66 6.36

Internet Initiative Japan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 5.78 6.74 7.00 9.89 2.27

TSE:3774 vs TMUS, VZ, T: FCF Margin % Comparison

For the Telecom Services subindustry, Internet Initiative Japan'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.


Internet Initiative Japan FCF Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Internet Initiative Japan's FCF Margin % falls into.


TSE:3774
93GF Score
Internet Initiative Japan Inc TSE:3774
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Internet Initiative Japan FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Internet Initiative Japan's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=21970/345395
=6.36 %

Internet Initiative Japan's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2185/96064
=2.27 %

* 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 FCF Margin % →
What does a FCF Margin % of 2.27% mean?
Internet Initiative Japan (TSE:3774) has a FCF Margin % of 2.27% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Internet Initiative Japan and its competitors. This is 69% below median its historical median of 7.25. According to the industry distribution chart, Internet Initiative Japan ranks #200 out of 364 companies in the Telecommunication Services industry, placing it in the top 54.9%.
Is Internet Initiative Japan's FCF Margin % too high?
Internet Initiative Japan's current FCF Margin % of 2.27% is 69% below median its 10-year median of 7.25. The Telecommunication Services industry median FCF Margin % is 8.37. Internet Initiative Japan's value of 2.27% is 72.9% below this industry median. Based on the distribution chart, Internet Initiative Japan ranks #200 out of 364 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Internet Initiative Japan has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Internet Initiative Japan's FCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Internet Initiative Japan ranks #200 out of 364 companies for FCF Margin %. This places Internet Initiative Japan in the lower half of its industry. The industry median FCF Margin % is 8.37. Internet Initiative Japan's value of 2.27% is 72.9% below this benchmark. While the company's 10-year median is 7.25 vs. the industry median of 8.37, Internet Initiative Japan 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 FCF Margin % for a Telecommunication Services company?
The median FCF Margin % among Telecommunication Services companies is 8.37, based on 364 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. Internet Initiative Japan's current FCF Margin % of 2.27% is 72.9% 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 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 Internet Initiative Japan and its competitors. For the Telecommunication Services industry, the median FCF Margin % is 8.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Internet Initiative Japan's current FCF Margin % is 2.27%, which is 69% below median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internet Initiative Japan stock overvalued right now?
Based on GuruFocus' analysis, Internet Initiative Japan (TSE:3774) is currently considered Fairly Valued. The stock's GF Value™ is 円3,332.08, compared to a current price of 円3,479.00 — trading 4.4% above its estimated fair value. The current FCF Margin % is 2.27%, which is 69% below median its 10-year median of 7.25 and 72.9% below the Telecommunication Services industry median of 8.37. Internet Initiative Japan's overall GF Score™ is 93/100 with 6 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 Internet Initiative Japan (TSE:3774), the current FCF Margin % is 2.27% 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 Internet Initiative Japan (TSE:3774) Overvalued in 2026?

Based on GuruFocus' analysis, Internet Initiative Japan stock appears to be overvalued. The current stock price of 円3,479.00 is trading 4.4% above its estimated GF Value™ of 円3,332.08. GuruFocus considers Internet Initiative Japan to be Fairly Valued.

Key valuation signals for TSE:3774:

  • FCF Margin %: 2.27% (69% below median its 10-year median of 7.25)
  • GF Value™: 円3,332.08 vs. price of 円3,479.00 (4.4% above fair value)
  • GF Score™: 93/100 with 6 warning signs
  • Industry Position: 72.9% below the Telecommunication Services median (#200 of 364)

No single metric tells the full story. See the TSE:3774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Internet Initiative Japan Business Description

Address Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.
93GF Score

Get the complete analysis for TSE:3774

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

円3,479.00
Price
円3,332.08
GF Value