Daiwa Cycle Ratios and Metrics

Market cap in millions JPY. Fiscal year is February - January.

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 2, 2026	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Market Capitalization	9,763	10,031	10,231	6,346	-	-
Market Cap Growth	-1.18%	-1.95%	61.21%	-	-	-
Enterprise Value	7,745	8,273	8,322	5,953	-	-
Last Close Price	3540.00	3650.00	3664.66	2242.96	-	-
PE Ratio	10.51	10.58	11.39	12.67	-	-
PS Ratio	0.46	0.48	0.56	0.41	-	-
PB Ratio	1.55	1.59	1.85	1.34	-	-
P/TBV Ratio	1.56	1.60	1.88	1.37	-	-
P/FCF Ratio	38.29	39.34	11.87	15.04	-	-
P/OCF Ratio	13.34	13.70	8.87	9.24	-	-
EV/Sales Ratio	0.37	0.39	0.45	0.39	-	-
EV/EBITDA Ratio	4.82	5.15	5.40	6.31	-	-
EV/EBIT Ratio	5.47	5.84	6.05	7.47	-	-
EV/FCF Ratio	30.37	32.44	9.65	14.11	-	-
Net Debt / Equity Ratio	-0.32	-0.32	-0.40	-0.35	-0.16	-0.19
Net Debt / EBITDA Ratio	-1.26	-1.26	-1.44	-1.78	-	-
Net Debt / FCF Ratio	-7.91	-7.91	-2.57	-3.99	-	-
Asset Turnover	2.32	2.32	2.30	2.38	2.55	-
Inventory Turnover	3.47	3.47	3.39	3.15	3.22	-
Quick Ratio	0.84	0.84	0.91	0.83	0.36	0.51
Current Ratio	2.07	2.07	2.06	2.03	1.63	1.63
Return on Equity (ROE)	16.01%	16.01%	17.46%	12.57%	13.73%	-
Return on Assets (ROA)	9.74%	9.74%	10.78%	7.73%	6.83%	-
Return on Invested Capital (ROIC)	21.46%	24.63%	28.46%	17.47%	15.74%	6.28%
Return on Capital Employed (ROCE)	22.10%	22.10%	24.50%	16.50%	17.20%	7.80%
Earnings Yield	9.71%	9.45%	8.78%	7.89%	-	-
FCF Yield	2.61%	2.54%	8.43%	6.65%	-	-
Payout Ratio	19.09%	19.09%	14.81%	8.18%	-	-
Buyback Yield / Dilution	-0.42%	-0.42%	-26.41%	-10.81%	-	-

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