MXCLF (MAX Co) Intrinsic Value: Projected FCF: $1.48 (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

MXCLF MAX Co Ltd MXCLF
74 GF Score
Price $2.59
GF Value $1.46
! 5 Warning Signs
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What is MAX Co Intrinsic Value: Projected FCF?

MAX Co MXCLF 74 Intrinsic Value: Projected FCF is $1.48 as of Sep. 22, 2026. GuruFocus rates MXCLF with a GF Score™ of 74/100 and a GF Value™ of $1.46. The stock has 5 warning signs investors should review. Among 2,047 Industrial Products companies, MAX Co ranks worse than 51.49% on this metric.

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 (2026-09-22), MAX Co's Intrinsic Value: Projected FCF is $1.48. The stock price of MAX Co is $2.59318. Therefore, MAX Co's Price-to-Intrinsic-Value-Projected-FCF of today is 1.8.

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

MXCLF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.28   Med: 0.84   Max: 2.91
Current: 1.75

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of MAX Co was 2.91. The lowest was 0.28. And the median was 0.84.

MXCLF's Price-to-Projected-FCF is ranked worse than
51.49% of 2047 companies
in the Industrial Products industry
Industry Median: 1.7 vs MXCLF: 1.75

MAX Co  (OTCPK:MXCLF) 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.

MAX Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.59318/6.0241996819158
=0.43

* 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 Intrinsic Value: Projected FCF Related Terms


MAX Co Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for MAX Co'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.

MAX Co Intrinsic Value: Projected FCF Chart

MAX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 4.81 4.89 5.45 5.99

MAX Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.56 5.85 5.89 6.12 6.03

MXCLF vs SNA, RBC, LECO: Intrinsic Value: Projected FCF Comparison

For the Tools & Accessories subindustry, MAX Co'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.


MAX Co Price-to-Projected-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MAX Co's Price-to-Projected-FCF distribution charts can be found below:

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


MXCLF
74GF Score
MAX Co Ltd MXCLF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAX Co 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 MAX Co's Free Cash Flow(6 year avg) = $50.01.

MAX Co'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 (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(10.478948627719*50.0106096+693.65328411014*0.8)/179.107814
=6.02

* 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 $1.48 mean?
MAX Co (MXCLF) has a Intrinsic Value: Projected FCF of $1.48 as of Sep. 22, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on MAX Co and its competitors. According to the industry distribution chart, MAX Co ranks #1054 out of 2047 companies in the Industrial Products industry, placing it in the top 51.5%.
Is MAX Co's Intrinsic Value: Projected FCF too high?
MAX Co's current Intrinsic Value: Projected FCF is $1.48. The Industrial Products industry median Intrinsic Value: Projected FCF is 1.70. MAX Co's value of $1.48 is 12.9% below this industry median. Based on the distribution chart, MAX Co ranks #1054 out of 2047 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MAX Co has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does MAX Co's Intrinsic Value: Projected FCF compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MAX Co ranks #1054 out of 2047 companies for Intrinsic Value: Projected FCF. This places MAX Co in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.70. MAX Co's value of $1.48 is 12.9% 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 Industrial Products company?
The median Intrinsic Value: Projected FCF among Industrial Products companies is 1.70, based on 2,047 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. MAX Co's current Intrinsic Value: Projected FCF of $1.48 is 12.9% 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 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 MAX Co and its competitors. For the Industrial Products industry, the median Intrinsic Value: Projected FCF is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAX Co's current Intrinsic Value: Projected FCF is $1.48. 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?
MAX Co (MXCLF) has a current Intrinsic Value: Projected FCF of $1.48. The stock's GF Value™ is $1.46, compared to a current price of $2.59 — trading 77.6% above its estimated fair value. The current Intrinsic Value: Projected FCF is $1.48 and 12.9% below the Industrial Products industry median of 1.70. MAX Co's overall GF Score™ is 74/100 with 5 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 MAX Co (MXCLF), the current Intrinsic Value: Projected FCF is $1.48 as of Sep. 22, 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 (MXCLF) Overvalued in 2026?

Based on GuruFocus' analysis, MAX Co stock appears to be overvalued. The current stock price of $2.59 is trading 77.6% above its estimated GF Value™ of $1.46.

Key valuation signals for MXCLF:

  • Intrinsic Value: Projected FCF: $1.48
  • GF Value™: $1.46 vs. price of $2.59 (77.6% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 12.9% below the Industrial Products median (#1054 of 2047)

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


MAX Co Business Description

Other Exchanges 6454:Japan
Address 6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502
MAX Co Ltd is a Japanese manufacturer of office supplies, industrial fastening equipment, and home care and rehabilitation products. The company operates through three main segments: office equipment, which includes staplers, numbering tools, check writers, and related stationery; industrial equipment, featuring rebar tying machines, air compressors, and rechargeable power tools used in construction and manufacturing; and home care and rehabilitation equipment, offering products that support nursing care and independent living. MAX serves customers in Japan and internationally, distributing through office supply dealers, construction and industrial channels, and healthcare providers. Its revenue comes primarily from product sales, with the industrial equipment segment supplying professional users in construction and infrastructure work and the office segment serving corporate and consumer markets. The company maintains manufacturing operations in Japan and overseas to support its global distribution network.
74GF Score

Get the complete analysis for MXCLF

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

$2.59
Price
$1.46
GF Value