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	Aug 27, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	544,334	328,020	300,061	378,481	417,808	406,230
Market Cap Growth	111.07%	9.32%	-20.72%	-9.41%	2.85%	-43.58%
Enterprise Value	539,059	325,937	304,552	383,996	427,489	410,644
Last Close Price	5750.00	3465.00	3140.51	3937.72	4318.56	4120.62

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 27, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	186.40	203.99	86.40	-	55.01	61.15
Forward PE	74.51	76.27	73.54	140.32	254.80	45.01
PS Ratio	8.68	5.51	5.39	6.78	5.84	7.12
PB Ratio	6.69	4.08	3.80	4.77	4.02	4.11
P/TBV Ratio	7.90	4.84	4.49	5.69	6.57	6.95
P/FCF Ratio	741.60	446.89	113.88	48.57	207.66	78.96
P/OCF Ratio	84.72	51.05	39.92	29.74	38.51	41.11
PEG Ratio	0.82	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	Aug 27, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	8.59	5.47	5.47	6.88	5.98	7.19
EV/EBITDA Ratio	47.06	32.83	37.93	36.62	21.59	24.17
EV/EBIT Ratio	126.53	126.97	43507.39	3071.97	41.81	46.99
EV/FCF Ratio	734.41	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	Aug 27, 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	Aug 27, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	0.54%	0.49%	1.16%	-6.55%	1.82%	1.64%
FCF Yield	0.13%	0.22%	0.88%	2.06%	0.48%	1.27%
Dividend Yield	0.35%	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	0.33%	0.89%	0.71%	0.81%	1.61%	0.51%

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 28, 2026

Data Sources Report a data error