MAX Co (TSE:6454) FCF Yield %: 3.70 (As of Jul. 20, 2026) — 35% Below 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:6454 MAX Co Ltd TSE:6454
72 GF Score
Price 円1,712.00
GF Value 円1,102.67
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is MAX Co FCF Yield %?

MAX Co TSE:6454 -0.75% 72 FCF Yield % is 3.70 as of Jul. 20, 2026, which is 35% below its 10-year median of 5.70. GuruFocus rates TSE:6454 with a GF Score™ of 72/100 and a GF Value™ of 円1,102.67 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,066 Industrial Products companies, MAX Co ranks better than 70.06% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, MAX Co's Trailing 12-Month Free Cash Flow is 円11,392 Mil, and Market Cap is 円307,800 Mil. Therefore, MAX Co's FCF Yield % for today is 3.70%.

The historical rank and industry rank for MAX Co's FCF Yield % or its related term are showing as below:

TSE:6454' s FCF Yield % Range Over the Past 10 Years
Min: 1.55   Med: 5.7   Max: 9.42
Current: 3.7


During the past 13 years, the highest FCF Yield % of MAX Co was 9.42%. The lowest was 1.55%. And the median was 5.70%.

TSE:6454's FCF Yield % is ranked better than
70.06% of 3066 companies
in the Industrial Products industry
Industry Median: 0.63 vs TSE:6454: 3.70

MAX Co's FCF Margin % for the quarter that ended in Mar. 2026 was 10.07%.


MAX Co FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


MAX Co FCF Yield % Related Terms


MAX Co FCF Yield % Historical Data

* Premium members only.

The historical data trend for MAX Co's FCF Yield % 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.

MAX Co FCF Yield % Chart

MAX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 4.63 6.04 5.94 3.95

MAX Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Yield % 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 6.72 4.25 6.07 3.47 3.53

TSE:6454 vs SNA, RBC, LECO: FCF Yield % Comparison

For the Tools & Accessories subindustry, MAX Co's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


MAX Co FCF Yield % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MAX Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where MAX Co's FCF Yield % falls into.


TSE:6454
72GF Score
MAX Co Ltd TSE:6454
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAX Co FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

MAX Co's FCF Yield % for the fiscal year that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=11392 / 288603.075
=3.95%

MAX Co's annualized FCF Yield % for the quarter that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=2545 * 4 / 288603.075
=3.53%

* 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 Yield % →
What does a FCF Yield % of 3.70 mean?
MAX Co (TSE:6454) has a FCF Yield % of 3.70 as of Jul. 20, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on MAX Co and its competitors. This is 35% below median its historical median of 5.70. Over the past decade, MAX Co's FCF Yield % has ranged from 1.55 to 9.42. According to the industry distribution chart, MAX Co ranks #918 out of 3066 companies in the Industrial Products industry, placing it in the top 29.9%.
Is MAX Co's FCF Yield % too high?
MAX Co's current FCF Yield % of 3.70 is 35% below median its 10-year median of 5.70. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 9.42. The Industrial Products industry median FCF Yield % is 0.63. MAX Co's value of 3.70 is 487.3% above this industry median. Based on the distribution chart, MAX Co ranks #918 out of 3066 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MAX Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MAX Co's FCF Yield % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MAX Co ranks #918 out of 3066 companies for FCF Yield %. This puts MAX Co in the upper half of its industry. The industry median FCF Yield % is 0.63. MAX Co's value of 3.70 is 487.3% above this benchmark. Historically, MAX Co's own FCF Yield % has ranged from 1.55 to 9.42 over the past decade. While the company's 10-year median is 5.70 vs. the industry median of 0.63, MAX Co 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 FCF Yield % for an Industrial Products company?
The median FCF Yield % among Industrial Products companies is 0.63, based on 3,066 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MAX Co's current FCF Yield % of 3.70 is 487.3% 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 Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on MAX Co and its competitors. For the Industrial Products industry, the median FCF Yield % is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAX Co's current FCF Yield % is 3.70, which is 35% below median its own 10-year median of 5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Co stock overvalued right now?
Based on GuruFocus' analysis, MAX Co (TSE:6454) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,102.67, compared to a current price of 円1,712.00 — trading 55.3% above its estimated fair value. The current FCF Yield % is 3.70, which is 35% below median its 10-year median of 5.70 and 487.3% above the Industrial Products industry median of 0.63. MAX Co's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For MAX Co (TSE:6454), the current FCF Yield % is 3.70 as of Jul. 20, 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 MAX Co (TSE:6454) Overvalued in 2026?

Based on GuruFocus' analysis, MAX Co stock appears to be overvalued. The current stock price of 円1,712.00 is trading 55.3% above its estimated GF Value™ of 円1,102.67. GuruFocus considers MAX Co to be Significantly Overvalued.

Key valuation signals for TSE:6454:

  • FCF Yield %: 3.70 (35% below median its 10-year median of 5.70)
  • GF Value™: 円1,102.67 vs. price of 円1,712.00 (55.3% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 487.3% above the Industrial Products median (#918 of 3066)

No single metric tells the full story. See the TSE:6454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MAX Co Business Description

Address 6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.
72GF Score

Get the complete analysis for TSE:6454

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

円1,712.00
Price
円1,102.67
GF Value