VALUE GOLF Ratios and Metrics

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

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Market Capitalization	3,155	2,815	1,760	1,847	2,486	2,454
Market Cap Growth	75.30%	59.96%	-4.70%	-25.73%	1.32%	-2.30%
Enterprise Value	3,806	3,524	1,825	1,753	2,400	2,177
Last Close Price	1746.00	1558.00	958.48	980.24	1287.43	1251.60
PE Ratio	-	-	351.97	83.93	21.81	19.95
Forward PE	-	17.44	17.44	17.44	17.44	17.44
PS Ratio	0.71	0.64	0.43	0.51	0.56	0.57
PB Ratio	2.98	2.66	1.57	1.59	2.12	2.24
P/TBV Ratio	3.40	3.03	1.83	1.62	2.15	2.27
P/FCF Ratio	-	-	-	-	276.24	46.30
P/OCF Ratio	-	-	-	230.82	248.62	43.82
EV/Sales Ratio	0.86	0.80	0.44	0.48	0.54	0.51
EV/EBITDA Ratio	38.44	35.60	13.72	23.06	9.76	9.46
EV/EBIT Ratio	71.81	66.49	20.28	28.27	10.21	10.78
EV/FCF Ratio	-7.86	-	-	-	266.69	41.07
Debt / Equity Ratio	1.33	1.33	0.84	0.85	0.71	0.72
Debt / EBITDA Ratio	14.22	14.22	7.09	13.00	3.38	3.43
Debt / FCF Ratio	-	-	-	-	92.33	14.87
Net Debt / Equity Ratio	0.61	0.61	0.05	-0.23	-0.28	-0.35
Net Debt / EBITDA Ratio	6.58	6.58	0.44	-3.59	-1.33	-1.65
Net Debt / FCF Ratio	-1.34	-1.34	-1.38	17.06	-36.44	-7.15
Asset Turnover	1.52	1.52	1.56	1.42	1.82	1.94
Inventory Turnover	2.95	2.95	3.79	3.15	4.17	4.88
Quick Ratio	0.58	0.58	0.91	1.15	1.20	1.33
Current Ratio	1.40	1.40	1.65	1.82	1.97	2.03
Return on Equity (ROE)	-1.74%	-1.74%	0.44%	1.88%	10.05%	11.86%
Return on Assets (ROA)	1.14%	1.14%	2.13%	1.51%	6.02%	5.70%
Return on Invested Capital (ROIC)	3.00%	3.66%	1.11%	3.27%	21.17%	19.55%
Return on Capital Employed (ROCE)	4.30%	4.30%	6.80%	4.70%	17.50%	15.50%
Earnings Yield	-0.60%	-0.68%	0.28%	1.19%	4.58%	5.01%
FCF Yield	-15.34%	-17.19%	-2.39%	-0.87%	0.36%	2.16%
Dividend Yield	1.42%	-	2.61%	2.04%	1.55%	1.60%
Payout Ratio	-	-	900.00%	159.09%	31.58%	13.82%
Buyback Yield / Dilution	-	-	-	-	-0.13%	-0.67%
Total Shareholder Return	1.42%	-	2.61%	2.04%	1.43%	0.93%

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