CHANGE Holdings,Inc. (TYO:3962)

CHANGE Holdings,Inc. Ratios and Metrics

Market cap in millions JPY. Fiscal year is April - March.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 20, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Sep 30, 2021
Market Capitalization	78,972	87,113	90,661	169,628	143,732	168,324
Market Cap Growth	-8.62%	-3.91%	-46.55%	18.02%	-14.61%	-36.34%
Enterprise Value	92,547	106,818	85,961	152,586	118,205	142,003
Last Close Price	1135.00	1252.00	1234.05	2275.64	1919.96	2251.86
PE Ratio	11.94	11.57	20.96	43.99	38.54	41.02
Forward PE	-	12.71	12.71	22.49	41.32	41.32
PS Ratio	1.64	1.88	2.45	8.47	9.26	10.75
PB Ratio	1.60	1.75	1.90	4.31	4.05	5.20
P/TBV Ratio	22.04	23.79	5.48	6.73	5.20	6.80
P/FCF Ratio	8.66	11.38	8.26	-	35.90	45.97
P/OCF Ratio	8.50	11.12	7.51	-	32.95	44.25
EV/Sales Ratio	1.92	2.30	2.32	7.62	7.61	9.07
EV/EBITDA Ratio	6.14	7.21	7.54	23.35	19.79	20.91
EV/EBIT Ratio	7.32	8.59	8.81	27.43	22.04	23.48
EV/FCF Ratio	10.15	13.96	7.83	-	29.52	38.78
Debt / Equity Ratio	0.67	0.69	0.50	0.09	0.05	0.06
Debt / EBITDA Ratio	2.21	2.33	2.11	0.52	0.28	0.26
Debt / FCF Ratio	3.62	4.50	2.19	-	0.42	0.49
Asset Turnover	0.55	0.48	0.52	0.42	-	0.55
Inventory Turnover	49.17	48.87	31.69	26.08	-	145.18
Quick Ratio	2.07	2.05	2.50	3.63	5.99	5.86
Current Ratio	2.17	2.13	2.69	3.80	6.07	5.94
Return on Equity (ROE)	15.33%	16.46%	10.34%	10.45%	-	19.68%
Return on Assets (ROA)	8.86%	8.00%	8.58%	7.27%	-	13.39%
Return on Capital (ROIC)	10.56%	9.97%	10.66%	8.70%	-	16.33%
Return on Capital Employed (ROCE)	15.60%	15.30%	14.30%	12.80%	14.60%	17.90%
Earnings Yield	8.38%	8.65%	4.77%	2.27%	2.59%	2.44%
FCF Yield	11.54%	8.78%	12.10%	-2.00%	2.79%	2.18%
Dividend Yield	2.09%	1.60%	0.97%	0.31%	0.47%	-
Payout Ratio	22.10%	17.94%	16.69%	8.40%	-	-
Buyback Yield / Dilution	5.07%	4.56%	0.03%	0.36%	-3.31%	-10.37%
Total Shareholder Return	7.16%	6.16%	1.00%	0.66%	-2.84%	-10.37%

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