ENECHANGE Ratios and Metrics

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2018 - 2020
Period Ending	Jan '26 Jan 22, 2026	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2018 - 2020
Market Capitalization	12,748	12,300	12,557	32,018	28,206	58,460	Upgrade
Market Cap Growth	14.29%	-2.05%	-60.78%	13.52%	-51.75%	107.49%	Upgrade
Enterprise Value	9,365	16,293	13,757	33,024	25,489	57,504	Upgrade
Last Close Price	298.00	289.00	358.00	1035.00	938.00	1992.00	Upgrade
Forward PE	-	21.91	21.91	-	-	164.12	Upgrade
PS Ratio	2.26	2.29	2.42	7.31	7.55	19.37	Upgrade
PB Ratio	2.93	2.70	-13.52	-21.66	8.05	12.15	Upgrade
P/TBV Ratio	3.01	2.78	-	-	10.47	13.63	Upgrade
P/FCF Ratio	-	-	-	-	-	124.65	Upgrade
P/OCF Ratio	13.29	69.89	-	-	-	121.54	Upgrade
EV/Sales Ratio	1.66	3.03	2.66	7.54	6.83	19.05	Upgrade
EV/EBITDA Ratio	-	-	-	-	-	542.49	Upgrade
EV/EBIT Ratio	-	-	-	-	-	1402.55	Upgrade
EV/FCF Ratio	-5.69	-	-	-	-	122.61	Upgrade
Debt / Equity Ratio	0.16	0.25	-6.92	-2.52	0.56	0.21	Upgrade
Debt / EBITDA Ratio	-	-	-	-	-	9.51	Upgrade
Debt / FCF Ratio	-	-	-	-	-	2.15	Upgrade
Asset Turnover	0.69	-	0.71	0.71	0.55	0.68	Upgrade
Inventory Turnover	25.97	-	363.00	16.19	-	-	Upgrade
Quick Ratio	2.73	2.20	0.51	0.97	1.84	5.07	Upgrade
Current Ratio	2.84	2.29	0.54	1.02	2.17	5.13	Upgrade
Return on Equity (ROE)	-52.76%	-	-	-492.59%	-31.63%	-3.00%	Upgrade
Return on Assets (ROA)	-5.61%	-	-25.00%	-21.56%	-10.22%	0.57%	Upgrade
Return on Invested Capital (ROIC)	-55.68%	-130.14%	-185.90%	-172.91%	-85.02%	15.56%	Upgrade
Return on Capital Employed (ROCE)	-11.40%	-57.90%	-200.60%	-106.30%	-24.00%	0.70%	Upgrade
Earnings Yield	4.21%	-8.28%	-26.73%	-15.57%	-4.66%	-0.14%	Upgrade
FCF Yield	-12.91%	-28.41%	-	-9.45%	-7.75%	0.80%	Upgrade
Buyback Yield / Dilution	-18.88%	-2.39%	-12.49%	-2.01%	-13.62%	-21.59%	Upgrade

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