Novarese, Inc. (TYO:9160)

Novarese Statistics

Total Valuation

Novarese has a market cap or net worth of JPY 8.32 billion. The enterprise value is 19.35 billion.

Market Cap	8.32B
Enterprise Value	19.35B

Important Dates

The next estimated earnings date is Friday, November 14, 2025.

Earnings Date	Nov 14, 2025
Ex-Dividend Date	n/a

Share Statistics

Novarese has 25.07 million shares outstanding. The number of shares has increased by 0.05% in one year.

Current Share Class	25.07M
Shares Outstanding	25.07M
Shares Change (YoY)	+0.05%
Shares Change (QoQ)	+0.22%
Owned by Insiders (%)	0.84%
Owned by Institutions (%)	4.34%
Float	4.75M

Valuation Ratios

The trailing PE ratio is 9.24 and the forward PE ratio is 6.46.

PE Ratio	9.24
Forward PE	6.46
PS Ratio	0.41
PB Ratio	0.92
P/TBV Ratio	n/a
P/FCF Ratio	3.66
P/OCF Ratio	2.12
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.60, with an EV/FCF ratio of 8.51.

EV / Earnings	21.53
EV / Sales	0.94
EV / EBITDA	4.60
EV / EBIT	11.17
EV / FCF	8.51

Financial Position

The company has a current ratio of 0.35, with a Debt / Equity ratio of 1.48.

Current Ratio	0.35
Quick Ratio	0.30
Debt / Equity	1.48
Debt / EBITDA	3.20
Debt / FCF	5.91
Interest Coverage	3.80

Financial Efficiency

Return on equity (ROE) is 10.43% and return on invested capital (ROIC) is 4.75%.

Return on Equity (ROE)	10.43%
Return on Assets (ROA)	3.15%
Return on Invested Capital (ROIC)	4.75%
Return on Capital Employed (ROCE)	6.85%
Revenue Per Employee	18.17M
Profits Per Employee	795,575
Employee Count	1,130
Asset Turnover	0.60
Inventory Turnover	33.33

Taxes

In the past 12 months, Novarese has paid 380.00 million in taxes.

Income Tax	380.00M
Effective Tax Rate	29.71%

Stock Price Statistics

The stock price has increased by +9.57% in the last 52 weeks. The beta is -0.09, so Novarese's price volatility has been lower than the market average.

Beta (5Y)	-0.09
52-Week Price Change	+9.57%
50-Day Moving Average	321.80
200-Day Moving Average	314.59
Relative Strength Index (RSI)	59.40
Average Volume (20 Days)	17,480

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Novarese had revenue of JPY 20.53 billion and earned 899.00 million in profits. Earnings per share was 35.94.

Revenue	20.53B
Gross Profit	11.52B
Operating Income	1.73B
Pretax Income	1.28B
Net Income	899.00M
EBITDA	4.20B
EBIT	1.73B
Earnings Per Share (EPS)	35.94

Balance Sheet

The company has 2.40 billion in cash and 13.43 billion in debt, giving a net cash position of -11.03 billion or -439.91 per share.

Cash & Cash Equivalents	2.40B
Total Debt	13.43B
Net Cash	-11.03B
Net Cash Per Share	-439.91
Equity (Book Value)	9.08B
Book Value Per Share	362.30
Working Capital	-6.07B

Cash Flow

In the last 12 months, operating cash flow was 3.93 billion and capital expenditures -1.65 billion, giving a free cash flow of 2.27 billion.

Operating Cash Flow	3.93B
Capital Expenditures	-1.65B
Free Cash Flow	2.27B
FCF Per Share	90.69

Margins

Gross margin is 56.09%, with operating and profit margins of 8.41% and 4.38%.

Gross Margin	56.09%
Operating Margin	8.41%
Pretax Margin	6.23%
Profit Margin	4.38%
EBITDA Margin	20.45%
EBIT Margin	8.41%
FCF Margin	11.08%

Dividends & Yields

Novarese does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.05%
Shareholder Yield	n/a
Earnings Yield	10.80%
FCF Yield	27.32%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Novarese has an Altman Z-Score of 1.04 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.04
Piotroski F-Score	6