Ray (TSE:4317) Stock Based Compensation: 円20 Mil (TTM As of Feb. 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.

TSE:4317 Ray Corp TSE:4317
73 GF Score
Price 円501.00
GF Value 円406.79
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Ray Stock Based Compensation?

Ray TSE:4317 +0.60% 73 Stock Based Compensation is 円20 Mil as of Feb. 2026. GuruFocus rates TSE:4317 with a GF Score™ of 73/100 and a GF Value™ of 円406.79 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Ray's Stock Based Compensation for the six months ended in Feb. 2026 was 円12 Mil. Its Stock Based Compensation for the trailing twelve months (TTM) ended in Feb. 2026 was 円20 Mil.

Ray Stock Based Compensation Related Terms

Ray Stock Based Compensation Historical Data

* Premium members only.

The historical data trend for Ray's Stock Based Compensation 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.

Ray Stock Based Compensation Chart

Ray Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Stock Based Compensation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 13.65 20.06 20.35

Ray Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Stock Based Compensation 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 0.00 9.26 10.80 8.65 11.70
TSE:4317
73GF Score
Ray Corp TSE:4317
Stock Based Compensation is just one metric. See GF Score™, valuation, warning signs, and more.
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Ray Stock Based Compensation Calculation

Stock Based Compensation is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Stock Based Compensation for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円20 Mil.

What does a Stock Based Compensation of 円20 Mil mean?
Ray (TSE:4317) has a Stock Based Compensation of 円20 Mil as of Feb. 2026. Stock based compensation is the amount of company stock issued as employee benefits. View historical data for Ray and its competitors.
Is Ray's Stock Based Compensation too high?
Ray's current Stock Based Compensation is 円20 Mil. Overall, Ray has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ray's Stock Based Compensation compare to NFLX and DIS?
Ray's Stock Based Compensation of 円20 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Stock Based Compensation for a Media - Diversified company?
A good Stock Based Compensation depends on the Media - Diversified industry context. However, Stock Based Compensation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Stock Based Compensation mean?
A high Stock Based Compensation can signal that a stock is expensive relative to its fundamentals. Stock based compensation is the amount of company stock issued as employee benefits. View historical data for Ray and its competitors. Ray's current Stock Based Compensation is 円20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray stock overvalued right now?
Based on GuruFocus' analysis, Ray (TSE:4317) is currently considered Modestly Overvalued. The stock's GF Value™ is 円406.79, compared to a current price of 円501.00 — trading 23.2% above its estimated fair value. The current Stock Based Compensation is 円20 Mil. Ray's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Stock Based Compensation calculated?
Stock Based Compensation is calculated from a company's financial statements. For Ray (TSE:4317), the current Stock Based Compensation is 円20 Mil as of Feb. 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 Ray (TSE:4317) Overvalued in 2026?

Based on GuruFocus' analysis, Ray stock appears to be overvalued. The current stock price of 円501.00 is trading 23.2% above its estimated GF Value™ of 円406.79. GuruFocus considers Ray to be Modestly Overvalued.

Key valuation signals for TSE:4317:

  • Stock Based Compensation: 円20 Mil
  • GF Value™: 円406.79 vs. price of 円501.00 (23.2% above fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the TSE:4317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ray Business Description

Address 6-15-21 Roppongi, Hakus Roppongi Building, Minato-ku, Tokyo, JPN, 106-0032
Ray Corp is a Japan-based advertising company that operates in two business segments. The Advertising Solution segment has two divisions: the SP and event division, which handles planning and production of sales promotions, campaigns, expos, and showrooms; and the TVCM division, which creates TV commercials and promotional videos. The Technical Solution segment includes a video equipment rental division for events and business presentations, and a post-production division offering video editing, DVD/Blu-ray, and CG production services.
73GF Score

Get the complete analysis for TSE:4317

Stock Based Compensation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円501.00
Price
円406.79
GF Value