Ceres Ratios and Metrics

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 15, 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	17,724	22,421	35,740	13,936	9,929	26,927
Market Cap Growth	-37.28%	-37.27%	156.46%	40.36%	-63.13%	-9.98%
Enterprise Value	14,726	17,305	33,435	14,099	10,822	24,446
Last Close Price	1536.00	1943.00	2986.71	1154.38	812.48	2218.14
PE Ratio	7.09	8.98	24.15	30.90	215.84	9.70
PS Ratio	0.60	0.76	1.29	0.58	0.48	1.15
PB Ratio	1.27	1.61	2.81	1.39	1.02	2.74
P/TBV Ratio	1.72	2.18	3.70	1.87	1.47	3.41
P/FCF Ratio	12.20	15.43	90.03	17.60	-	24.73
P/OCF Ratio	10.61	13.43	49.50	13.13	98.30	23.17
EV/Sales Ratio	0.50	0.58	1.21	0.59	0.53	1.05
EV/EBITDA Ratio	5.60	6.12	12.46	8.84	6.68	9.40
EV/EBIT Ratio	6.89	7.41	15.01	12.61	8.68	10.61
EV/FCF Ratio	10.13	11.91	84.22	17.80	-	22.45
Debt / Equity Ratio	0.67	0.67	0.75	0.73	0.61	0.43
Debt / EBITDA Ratio	3.33	3.33	3.55	4.62	3.63	1.62
Debt / FCF Ratio	6.48	6.48	23.96	9.30	-	3.87
Net Debt / Equity Ratio	-0.26	-0.26	-0.16	-0.07	-0.07	-0.27
Net Debt / EBITDA Ratio	-1.29	-1.29	-0.77	-0.47	-0.41	-1.01
Net Debt / FCF Ratio	-2.52	-2.52	-5.19	-0.95	30.09	-2.41
Asset Turnover	0.84	0.84	0.94	0.99	0.96	1.28
Inventory Turnover	8.91	8.91	11.03	26.60	35.28	61.90
Quick Ratio	0.94	0.94	1.06	1.09	1.21	1.35
Current Ratio	1.26	1.26	1.42	1.31	1.37	1.48
Return on Equity (ROE)	19.68%	19.68%	13.43%	5.04%	1.17%	34.81%
Return on Assets (ROA)	4.14%	4.14%	4.73%	2.88%	3.64%	7.90%
Return on Invested Capital (ROIC)	14.44%	12.66%	14.32%	7.31%	2.43%	28.20%
Return on Capital Employed (ROCE)	13.70%	13.70%	13.80%	9.00%	10.40%	20.40%
Earnings Yield	14.09%	11.14%	4.14%	3.24%	0.46%	10.31%
FCF Yield	8.20%	6.48%	1.11%	5.68%	-0.22%	4.04%
Dividend Yield	3.89%	-	1.34%	1.73%	2.46%	1.80%
Payout Ratio	27.63%	27.63%	15.40%	50.33%	973.91%	7.10%
Buyback Yield / Dilution	-0.39%	-0.39%	-0.71%	-0.57%	0.60%	-1.17%
Total Shareholder Return	3.50%	-0.39%	0.63%	1.17%	3.07%	0.63%

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