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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 12, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Market Capitalization	171,121	230,945	257,145	245,873	262,620	416,166
Market Cap Growth	-26.29%	-10.19%	4.58%	-6.38%	-36.90%	85.29%
Enterprise Value	163,315	235,289	263,614	246,424	255,494	387,948
Last Close Price	3093.00	4174.00	4709.00	4542.00	4885.00	7820.00
PE Ratio	108.22	145.50	-	-	-	-
Forward PE	-	81.09	-	-	-	-
PS Ratio	3.40	4.59	6.37	8.09	12.23	26.62
PB Ratio	3.06	4.13	5.76	7.09	7.49	9.83
P/TBV Ratio	10.06	13.58	12.61	16.55	12.13	12.09
P/FCF Ratio	238.64	322.07	-	134.58	-	-
P/OCF Ratio	114.33	154.30	-	99.95	-	-
EV/Sales Ratio	3.24	4.67	6.53	8.11	11.90	24.82
EV/EBITDA Ratio	45.87	99.00	-	-	-	-
EV/FCF Ratio	227.76	328.13	-	134.88	-	-
Debt / Equity Ratio	0.61	0.61	0.79	0.88	0.48	0.20
Debt / EBITDA Ratio	14.24	14.24	-	-	-	-
Debt / FCF Ratio	47.21	47.21	-	16.62	-	-
Asset Turnover	0.43	0.43	0.42	0.39	0.35	0.40
Inventory Turnover	297.06	297.06	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)	-4.35%	-4.81%	-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	0.93%	0.69%	-2.46%	-2.57%	-3.60%	-0.36%
FCF Yield	0.42%	0.31%	-1.92%	0.74%	-1.70%	-0.61%
Payout Ratio	88.13%	88.13%	-	-	-	-
Buyback Yield / Dilution	-2.05%	-2.05%	-0.81%	-0.80%	-8.30%	-6.28%

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