HORIBA Ratios and Metrics

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Market Capitalization	526,631	383,949	466,235	241,976	285,254	255,294	Upgrade
Market Cap Growth	32.33%	-17.65%	92.68%	-15.17%	11.73%	-17.42%	Upgrade
Enterprise Value	437,503	316,745	397,658	175,962	235,893	219,903	Upgrade
Last Close Price	12540.00	9085.77	10653.66	5378.65	6084.24	5328.37	Upgrade
PE Ratio	14.57	11.43	11.57	7.10	13.39	19.36	Upgrade
Forward PE	13.83	10.31	13.78	9.48	13.32	17.28	Upgrade
PS Ratio	1.63	1.21	1.61	0.90	1.27	1.37	Upgrade
PB Ratio	1.68	1.22	1.64	1.00	1.40	1.43	Upgrade
P/TBV Ratio	1.72	1.24	1.67	1.02	1.43	1.47	Upgrade
P/FCF Ratio	13.36	17.31	59.75	10.84	12.36	14.48	Upgrade
P/OCF Ratio	8.74	9.52	28.00	7.12	8.09	7.92	Upgrade
PEG Ratio	1.40	1.75	1.74	1.26	1.78	0.81	Upgrade
EV/Sales Ratio	1.35	1.00	1.37	0.65	1.05	1.18	Upgrade
EV/EBITDA Ratio	6.77	5.16	6.64	3.08	5.55	7.50	Upgrade
EV/EBIT Ratio	8.48	6.55	8.41	3.84	7.36	11.17	Upgrade
EV/FCF Ratio	11.10	14.28	50.96	7.88	10.22	12.47	Upgrade
Debt / Equity Ratio	0.20	0.21	0.21	0.28	0.39	0.43	Upgrade
Debt / EBITDA Ratio	0.99	1.05	1.01	1.18	1.89	2.63	Upgrade
Debt / FCF Ratio	1.63	2.90	7.74	3.01	3.48	4.37	Upgrade
Asset Turnover	0.68	0.68	0.67	0.69	0.64	0.58	Upgrade
Inventory Turnover	1.75	1.83	1.87	2.39	2.56	2.19	Upgrade
Quick Ratio	2.25	2.26	2.03	1.87	1.92	2.29	Upgrade
Current Ratio	3.38	3.36	3.15	2.64	2.53	3.08	Upgrade
Return on Equity (ROE)	11.76%	11.23%	15.37%	15.30%	11.12%	7.53%	Upgrade
Return on Assets (ROA)	6.80%	6.49%	6.83%	7.27%	5.73%	3.83%	Upgrade
Return on Capital (ROIC)	8.62%	8.36%	9.06%	9.67%	7.41%	4.95%	Upgrade
Return on Capital Employed (ROCE)	13.60%	12.70%	13.60%	15.10%	11.90%	7.70%	Upgrade
Earnings Yield	6.89%	8.75%	8.64%	14.08%	7.47%	5.17%	Upgrade
FCF Yield	7.48%	5.78%	1.67%	9.23%	8.09%	6.91%	Upgrade
Dividend Yield	2.30%	2.70%	2.72%	4.55%	2.46%	1.69%	Upgrade
Payout Ratio	31.16%	36.40%	27.23%	20.42%	21.76%	35.16%	Upgrade
Buyback Yield / Dilution	0.55%	0.57%	-0.09%	-0.05%	-0.05%	-0.07%	Upgrade
Total Shareholder Return	2.85%	3.26%	2.63%	4.50%	2.42%	1.62%	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.