EXDW (Exceed World) Intrinsic Value: Projected FCF: $0.31 (As of Sep. 21, 2026)

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.

EXDW Exceed World Inc EXDW
44 GF Score
Price $0.29
GF Value $0.15
! 8 Warning Signs
View Full Analysis

What is Exceed World Intrinsic Value: Projected FCF?

Exceed World EXDW 44 Intrinsic Value: Projected FCF is $0.31 as of Sep. 21, 2026. GuruFocus rates EXDW with a GF Score™ of 44/100 and a GF Value™ of $0.15. The stock has 8 warning signs investors should review.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-21), Exceed World's Intrinsic Value: Projected FCF is $0.31. The stock price of Exceed World is $0.2925. Therefore, Exceed World's Price-to-Intrinsic-Value-Projected-FCF of today is 0.9.

The historical rank and industry rank for Exceed World's Intrinsic Value: Projected FCF or its related term are showing as below:

EXDW' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.28   Med: 0.57   Max: 1.57
Current: 0.94

During the past 9 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Exceed World was 1.57. The lowest was 0.28. And the median was 0.57.

EXDW's Price-to-Projected-FCF is not ranked
in the Education industry.
Industry Median: 0.69 vs EXDW: 0.94

Exceed World  (OTCPK:EXDW) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Exceed World's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.2925/0.36160406927214
=0.81

* 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.


Exceed World Intrinsic Value: Projected FCF Related Terms


Exceed World Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Exceed World's Intrinsic Value: Projected 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.

Exceed World Intrinsic Value: Projected FCF Chart

Exceed World Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only - - 1.09 0.99 -

Exceed World Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Intrinsic Value: Projected 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 - - - - -

EXDW vs ASPU, WAFU, AMBO: Intrinsic Value: Projected FCF Comparison

For the Education & Training Services subindustry, Exceed World's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Exceed World Price-to-Projected-FCF vs Education Industry

For the Education industry and Consumer Defensive sector, Exceed World's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Exceed World's Price-to-Projected-FCF falls into.


EXDW
44GF Score
Exceed World Inc EXDW
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exceed World Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Exceed World's Free Cash Flow(6 year avg) = $0.32.

Exceed World's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Sep25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*0.31952016+10.978136*0.8)/32.7
=0.36

* 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.

What does a Intrinsic Value: Projected FCF of $0.31 mean?
Exceed World (EXDW) has a Intrinsic Value: Projected FCF of $0.31 as of Sep. 21, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Exceed World and its competitors.
Is Exceed World's Intrinsic Value: Projected FCF too high?
Exceed World's current Intrinsic Value: Projected FCF is $0.31. The Education industry median Intrinsic Value: Projected FCF is 0.69. Exceed World's value of $0.31 is 55.1% below this industry median. Overall, Exceed World has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Exceed World's Intrinsic Value: Projected FCF compare to ASPU and WAFU?
Exceed World's Intrinsic Value: Projected FCF of $0.31 can be compared against companies in the Education industry. The industry median Intrinsic Value: Projected FCF is 0.69. Exceed World's value of $0.31 is 55.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Education company?
The median Intrinsic Value: Projected FCF among Education companies is 0.69, based on 167 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Exceed World's current Intrinsic Value: Projected FCF of $0.31 is 55.1% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Exceed World and its competitors. For the Education industry, the median Intrinsic Value: Projected FCF is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exceed World's current Intrinsic Value: Projected FCF is $0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exceed World stock overvalued right now?
Exceed World (EXDW) has a current Intrinsic Value: Projected FCF of $0.31. The stock's GF Value™ is $0.15, compared to a current price of $0.29 — trading 95% above its estimated fair value. The current Intrinsic Value: Projected FCF is $0.31 and 55.1% below the Education industry median of 0.69. Exceed World's overall GF Score™ is 44/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Exceed World (EXDW), the current Intrinsic Value: Projected FCF is $0.31 as of Sep. 21, 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 Exceed World (EXDW) Overvalued in 2026?

Based on GuruFocus' analysis, Exceed World stock appears to be overvalued. The current stock price of $0.29 is trading 95% above its estimated GF Value™ of $0.15.

Key valuation signals for EXDW:

  • Intrinsic Value: Projected FCF: $0.31
  • GF Value™: $0.15 vs. price of $0.29 (95% above fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 55.1% below the Education median

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


Exceed World Business Description

Address 1-23-38-6th Floor, Esakacho, Suita-shi, Osaka, JPN, 564-0063
Exceed World Inc is engaged in the education service business and provides educational services through an internet platform called Force Club. The company is an education service provider in Japan, offering a range of e-learning education programs and supporting services through Force Club. Its e-learning programs, procured from independent third-party software developers, include pre-school learning resources, resources supplementing elementary, junior high, and senior high school curricula, preparation courses for university entrance and professional qualification examinations, and English learning, serving customers from pre-school children to students and adult learners, mainly as supplemental learning resources and self-learning tools.
44GF Score

Get the complete analysis for EXDW

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

$0.29
Price
$0.15
GF Value