Harmonic Drive Systems Inc. (TYO:6324)

Harmonic Drive Systems 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	Oct 8, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	588,827	328,020	300,061	378,481	417,808	406,230
Market Cap Growth	123.25%	9.32%	-20.72%	-9.41%	2.85%	-43.58%
Enterprise Value	583,552	325,937	304,552	383,996	427,489	410,644
Last Close Price	6220.00	3459.59	3135.60	3931.57	4311.81	4114.18

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 8, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	201.63	203.99	86.40	-	55.01	61.15
Forward PE	79.94	76.27	73.54	140.32	254.80	45.01
PS Ratio	9.38	5.51	5.39	6.78	5.84	7.12
PB Ratio	7.24	4.08	3.80	4.77	4.02	4.11
P/TBV Ratio	8.54	4.84	4.49	5.69	6.57	6.95
P/FCF Ratio	802.22	446.89	113.88	48.57	207.66	78.96
P/OCF Ratio	91.65	51.05	39.92	29.74	38.51	41.11
PEG Ratio	0.87	3.54	4.24	4.24	4.24	4.24

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 8, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	9.30	5.47	5.47	6.88	5.98	7.19
EV/EBITDA Ratio	50.94	32.83	37.93	36.62	21.59	24.17
EV/EBIT Ratio	136.98	126.97	43507.39	3071.97	41.81	46.99
EV/FCF Ratio	795.03	444.06	115.58	49.27	212.47	79.81

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 8, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Debt / Equity Ratio	0.21	0.23	0.26	0.30	0.26	0.21
Debt / EBITDA Ratio	1.47	1.82	2.58	2.27	1.38	1.23
Debt / FCF Ratio	-	24.61	7.87	3.06	13.60	4.06
Net Debt / Equity Ratio	-0.06	-0.04	-0.05	0.04	0.06	0.01
Net Debt / EBITDA Ratio	-0.46	-0.36	-0.52	0.33	0.33	0.06
Net Debt / FCF Ratio	-	-4.93	-1.60	0.44	3.26	0.19
Asset Turnover	0.57	0.53	0.48	0.41	0.48	0.40
Inventory Turnover	3.27	3.33	3.25	3.20	4.18	4.55
Quick Ratio	2.77	3.01	2.74	2.74	2.33	2.51
Current Ratio	3.88	4.16	3.83	4.05	3.17	3.25
Return on Equity (ROE)	3.71%	2.02%	4.39%	-27.06%	7.49%	6.43%
Return on Assets (ROA)	2.42%	1.43%	0.00%	0.06%	4.29%	3.86%
Return on Invested Capital (ROIC)	4.33%	2.38%	0.01%	0.13%	7.24%	6.57%
Return on Capital Employed (ROCE)	4.30%	2.60%	0.00%	0.10%	7.40%	6.80%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 8, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	0.50%	0.49%	1.16%	-6.55%	1.82%	1.64%
FCF Yield	0.12%	0.22%	0.88%	2.06%	0.48%	1.27%
Dividend Yield	0.32%	0.58%	0.64%	0.51%	0.65%	0.51%
Payout Ratio	-	117.85%	55.00%	-	27.72%	29.01%
Buyback Yield / Dilution	-0.03%	0.32%	0.07%	0.30%	0.96%	0.00%
Total Shareholder Return	0.29%	0.89%	0.71%	0.81%	1.61%	0.51%

Data Source: S&P Global Market Intelligence Last updated: Aug 7, 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 8, 2026

Data Sources Report a data error