Money Forward Ratios and Metrics

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2019
Period Ending	Oct '25 Oct 28, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020	2016 - 2019
Market Capitalization	253,852	257,145	245,873	262,620	416,166	224,600	Upgrade
Market Cap Growth	-14.41%	4.58%	-6.38%	-36.90%	85.29%	110.02%	Upgrade
Enterprise Value	258,196	263,614	246,424	255,494	387,948	222,555	Upgrade
Last Close Price	4588.00	4709.00	4542.00	4885.00	7820.00	4720.00	Upgrade
PS Ratio	5.52	6.37	8.09	12.23	26.62	19.85	Upgrade
PB Ratio	4.97	5.76	7.09	7.49	9.83	21.94	Upgrade
P/TBV Ratio	19.42	12.61	16.55	12.13	12.09	44.04	Upgrade
P/FCF Ratio	-	-	134.58	-	-	-	Upgrade
P/OCF Ratio	-	-	99.95	-	-	-	Upgrade
EV/Sales Ratio	5.61	6.53	8.11	11.90	24.82	19.66	Upgrade
EV/FCF Ratio	-	-	134.88	-	-	-	Upgrade
Debt / Equity Ratio	0.67	0.79	0.88	0.48	0.20	0.64	Upgrade
Debt / FCF Ratio	-	-	16.62	-	-	-	Upgrade
Asset Turnover	0.46	0.42	0.39	0.35	0.40	0.60	Upgrade
Inventory Turnover	373.91	831.44	706.13	394.10	92.58	82.22	Upgrade
Quick Ratio	1.42	1.53	1.70	1.51	3.50	1.52	Upgrade
Current Ratio	1.66	1.68	1.79	1.62	3.59	1.63	Upgrade
Return on Equity (ROE)	-13.56%	-15.63%	-19.67%	-25.06%	-6.02%	-27.13%	Upgrade
Return on Assets (ROA)	-2.42%	-3.04%	-5.13%	-8.61%	-1.69%	-9.22%	Upgrade
Return on Capital (ROIC)	-3.18%	-4.08%	-6.76%	-10.29%	-1.96%	-11.59%	Upgrade
Earnings Yield	-2.36%	-2.46%	-2.57%	-3.60%	-0.36%	-1.08%	Upgrade
FCF Yield	-	-1.92%	0.74%	-1.70%	-0.61%	-0.55%	Upgrade
Buyback Yield / Dilution	-0.79%	-0.81%	-0.80%	-8.30%	-6.28%	-6.64%	Upgrade

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.