Japan Tobacco Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 18, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	68,592	63,864	46,078	45,906	35,814	35,795
Market Cap Growth	54.90%	38.60%	0.38%	28.18%	0.05%	-0.94%
Enterprise Value	74,330	70,364	47,996	47,281	37,540	39,629
Last Close Price	19.30	17.94	12.80	12.87	9.64	9.19
PE Ratio	21.08	19.63	40.42	13.42	10.67	12.18
PS Ratio	3.10	2.89	2.30	2.28	1.78	1.77
PB Ratio	2.61	2.43	1.88	1.65	1.31	1.43
P/TBV Ratio	14.00	13.04	19.80	6.43	5.57	9.34
P/FCF Ratio	29.00	27.00	14.42	13.71	11.74	8.04
P/OCF Ratio	20.92	19.48	11.50	11.41	9.76	6.88
EV/Sales Ratio	3.31	3.18	2.40	2.35	1.86	1.96
EV/EBITDA Ratio	10.79	10.79	15.67	8.08	5.92	6.77
EV/EBIT Ratio	13.23	12.92	25.01	10.33	7.78	9.37
EV/FCF Ratio	31.43	29.75	15.02	14.12	12.30	8.90
Debt / Equity Ratio	0.46	0.46	0.45	0.29	0.27	0.32
Debt / EBITDA Ratio	1.80	1.80	3.59	1.38	1.15	1.36
Debt / FCF Ratio	5.08	5.08	3.44	2.42	2.38	1.79
Net Debt / Equity Ratio	0.21	0.21	0.17	0.03	0.03	0.07
Net Debt / EBITDA Ratio	0.84	0.84	1.33	0.12	0.11	0.29
Net Debt / FCF Ratio	2.31	2.31	1.28	0.22	0.23	0.38
Asset Turnover	0.42	0.42	0.40	0.41	0.43	0.42
Inventory Turnover	1.51	1.51	1.57	1.61	1.74	1.74
Quick Ratio	0.87	0.87	0.77	0.83	0.87	0.80
Current Ratio	1.93	1.93	1.67	1.69	1.74	1.55
Return on Equity (ROE)	12.15%	12.15%	4.71%	12.89%	13.66%	12.40%
Return on Assets (ROA)	6.39%	6.39%	2.41%	5.83%	6.46%	5.46%
Return on Invested Capital (ROIC)	11.41%	12.22%	5.54%	13.04%	14.03%	11.40%
Return on Capital Employed (ROCE)	13.20%	13.20%	4.80%	12.00%	12.80%	11.40%
Earnings Yield	4.74%	5.10%	2.47%	7.45%	9.37%	8.21%
FCF Yield	3.45%	3.70%	6.93%	7.30%	8.52%	12.44%
Dividend Yield	7.77%	8.32%	9.64%	10.69%	14.79%	13.22%
Payout Ratio	69.95%	69.95%	195.07%	76.16%	60.12%	74.43%
Buyback Yield / Dilution	0.01%	0.01%	-0.01%	-0.01%	-0.01%	-0.01%
Total Shareholder Return	7.78%	8.33%	9.63%	10.68%	14.77%	13.21%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.