Air Water Inc. (TYO:4088)

Air Water Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	650,999	486,972	432,342	546,308	377,181	385,138
Market Cap Growth	31.83%	12.64%	-20.86%	44.84%	-2.07%	-10.91%
Enterprise Value	1,100,265	857,359	821,574	929,672	708,632	702,978
Last Close Price	2873.00	2096.23	1804.47	2205.32	1482.83	1482.34

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	-	-	10.83	14.91	40.70	9.24
Forward PE	13.42	8.66	8.16	11.29	8.56	9.11
PS Ratio	0.60	0.46	0.43	0.56	0.40	0.46
PB Ratio	1.56	1.19	0.94	1.24	0.99	0.99
P/TBV Ratio	2.09	1.59	1.34	1.85	1.40	1.40
P/FCF Ratio	17.58	13.38	16.45	31.70	-	15.27
P/OCF Ratio	5.95	4.53	4.66	6.94	6.43	5.10
PEG Ratio	-	1.58	0.95	1.16	3.07	0.63

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	1.02	0.80	0.81	0.96	0.74	0.83
EV/EBITDA Ratio	10.93	8.97	7.86	9.07	11.40	6.86
EV/EBIT Ratio	25.58	22.22	14.58	16.29	42.73	12.01
EV/FCF Ratio	29.93	23.56	31.27	53.95	-	27.87

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Debt / Equity Ratio	1.25	1.25	1.02	1.05	0.98	1.03
Debt / EBITDA Ratio	5.39	5.39	4.46	4.51	6.00	3.90
Debt / FCF Ratio	14.17	14.17	17.74	26.87	-	15.86
Net Debt / Equity Ratio	1.04	1.04	0.86	0.90	0.79	0.87
Net Debt / EBITDA Ratio	4.48	4.48	3.76	3.86	4.87	3.29
Net Debt / FCF Ratio	11.77	11.77	14.95	22.95	-30.18	13.38
Asset Turnover	0.88	0.88	0.85	0.85	0.90	0.84
Inventory Turnover	7.42	7.42	8.06	7.98	9.29	8.81
Quick Ratio	0.70	0.70	0.87	0.89	0.92	0.98
Current Ratio	1.10	1.10	1.26	1.28	1.31	1.36
Return on Equity (ROE)	-15.25%	-15.25%	8.68%	9.07%	2.92%	12.12%
Return on Assets (ROA)	1.99%	1.99%	2.94%	3.14%	0.97%	3.64%
Return on Invested Capital (ROIC)	4.49%	4.56%	4.28%	4.91%	1.27%	6.03%
Return on Capital Employed (ROCE)	4.90%	4.90%	6.60%	6.70%	2.20%	7.60%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 3, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	-9.82%	-13.13%	9.24%	6.71%	2.46%	10.82%
FCF Yield	5.69%	7.47%	6.08%	3.15%	-2.66%	6.55%
Dividend Yield	2.64%	3.53%	3.98%	2.67%	3.38%	3.29%
Payout Ratio	-	-	37.85%	38.74%	140.71%	26.90%
Buyback Yield / Dilution	-0.15%	-0.15%	-0.35%	-0.37%	-0.35%	0.03%
Total Shareholder Return	2.53%	3.38%	3.62%	2.30%	3.03%	3.32%

Data Source: S&P Global Market Intelligence Last updated: Jul 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

Data Sources Report a data error