Heiwa Real Estate Ratios and Metrics

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 7, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Market Capitalization	161,541	160,280	156,929	146,023	135,450	144,779
Market Cap Growth	9.71%	2.14%	7.47%	7.81%	-6.44%	12.67%
Enterprise Value	394,975	393,926	370,940	340,322	328,314	319,559
Last Close Price	2433.00	2414.00	2255.32	1885.78	1678.74	1707.35
PE Ratio	14.69	14.53	16.41	17.28	14.82	16.63
Forward PE	13.97	15.01	16.62	16.85	15.14	16.45
PS Ratio	3.18	3.15	3.73	3.29	3.04	2.50
PB Ratio	1.27	1.26	1.33	1.16	1.14	1.21
P/TBV Ratio	1.69	1.68	1.81	1.55	1.53	1.60
P/FCF Ratio	-	-	-	104.75	-	9.07
P/OCF Ratio	10.88	10.79	9.78	7.46	5.66	4.24
EV/Sales Ratio	7.77	7.75	8.82	7.66	7.37	5.53
EV/EBITDA Ratio	18.79	18.74	19.60	18.05	19.89	17.67
EV/EBIT Ratio	26.14	26.07	28.11	26.13	30.44	25.33
EV/FCF Ratio	-66.66	-	-	244.13	-	20.01
Debt / Equity Ratio	2.09	2.09	2.08	1.77	1.86	1.70
Debt / EBITDA Ratio	12.58	12.58	12.98	11.81	13.45	11.18
Debt / FCF Ratio	-	-	-	159.74	-	12.66
Net Debt / Equity Ratio	1.84	1.84	1.87	1.55	1.63	1.46
Net Debt / EBITDA Ratio	11.11	11.11	11.64	10.30	11.76	9.62
Net Debt / FCF Ratio	-39.40	-39.40	-28.73	139.35	-13.59	10.90
Asset Turnover	0.12	0.12	0.10	0.11	0.12	0.15
Inventory Turnover	0.69	0.69	0.90	1.45	1.65	1.57
Quick Ratio	0.85	0.85	0.89	1.07	0.89	1.03
Current Ratio	2.23	2.23	1.85	1.83	1.35	1.74
Return on Equity (ROE)	9.01%	9.01%	7.85%	6.90%	7.66%	7.32%
Return on Assets (ROA)	2.17%	2.17%	2.00%	2.02%	1.74%	2.08%
Return on Invested Capital (ROIC)	2.92%	3.00%	3.08%	2.80%	2.45%	2.95%
Return on Capital Employed (ROCE)	3.70%	3.70%	3.40%	3.50%	3.00%	3.70%
Earnings Yield	6.83%	6.88%	6.09%	5.79%	6.75%	6.01%
FCF Yield	-3.67%	-3.70%	-4.89%	0.95%	-10.55%	11.03%
Dividend Yield	3.82%	-	3.15%	3.08%	3.10%	2.78%
Payout Ratio	54.84%	54.84%	62.46%	47.48%	41.16%	36.48%
Buyback Yield / Dilution	1.43%	1.43%	5.59%	0.40%	2.27%	1.99%
Total Shareholder Return	5.25%	1.43%	8.74%	3.48%	5.37%	4.77%

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