Money Forward, Inc. (TYO:3994)

Money Forward Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 26, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Market Capitalization	198,115	230,945	257,145	245,873	262,620	416,166
Market Cap Growth	-10.14%	-10.19%	4.58%	-6.38%	-36.90%	85.29%
Enterprise Value	198,131	235,289	263,614	246,424	255,494	387,948
Last Close Price	3582.00	4174.00	4709.00	4542.00	4885.00	7820.00
PE Ratio	125.32	145.52	-	-	-	-
Forward PE	-	81.09	-	-	-	-
PS Ratio	3.93	4.59	6.37	8.09	12.23	26.62
PB Ratio	3.55	4.13	5.76	7.09	7.49	9.83
P/TBV Ratio	11.65	13.58	12.61	16.55	12.13	12.09
P/FCF Ratio	276.31	322.10	-	134.58	-	-
P/OCF Ratio	132.43	154.38	-	99.95	-	-
EV/Sales Ratio	3.94	4.67	6.53	8.11	11.90	24.82
EV/EBITDA Ratio	136.83	99.03	-	-	-	-
EV/FCF Ratio	276.33	328.16	-	134.88	-	-
Debt / Equity Ratio	0.61	0.61	0.79	0.88	0.48	0.20
Debt / EBITDA Ratio	14.25	14.25	-	-	-	-
Debt / FCF Ratio	47.21	47.21	-	16.62	-	-
Net Debt / Equity Ratio	-0.21	-0.21	-0.22	-0.24	-0.28	-0.65
Net Debt / EBITDA Ratio	-5.05	-5.05	8.28	2.17	1.42	141.88
Net Debt / FCF Ratio	-16.74	-16.74	1.99	-4.64	2.20	10.93
Asset Turnover	0.43	0.43	0.42	0.39	0.35	0.40
Inventory Turnover	301.31	301.31	831.44	706.13	394.10	92.58
Quick Ratio	1.38	1.38	1.53	1.70	1.51	3.50
Current Ratio	1.58	1.58	1.68	1.79	1.62	3.59
Return on Equity (ROE)	4.34%	4.34%	-15.63%	-19.67%	-25.06%	-6.02%
Return on Assets (ROA)	-1.42%	-1.42%	-3.04%	-5.13%	-8.61%	-1.69%
Return on Invested Capital (ROIC)	-3.96%	-4.33%	-15.51%	-24.61%	-42.41%	-9.43%
Return on Capital Employed (ROCE)	-3.30%	-3.30%	-7.10%	-11.00%	-20.20%	-2.40%
Earnings Yield	0.80%	0.69%	-2.46%	-2.57%	-3.60%	-0.36%
FCF Yield	0.36%	0.31%	-1.92%	0.74%	-1.70%	-0.61%
Buyback Yield / Dilution	-2.02%	-2.02%	-0.81%	-0.80%	-8.30%	-6.28%

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.