f-code Inc. (TYO:9211)

f-code Statistics

Total Valuation

f-code has a market cap or net worth of JPY 18.24 billion. The enterprise value is 23.39 billion.

Market Cap	18.24B
Enterprise Value	23.39B

Important Dates

The last earnings date was Friday, May 15, 2026.

Earnings Date	May 15, 2026
Ex-Dividend Date	n/a

Share Statistics

f-code has 12.24 million shares outstanding. The number of shares has increased by 3.91% in one year.

Current Share Class	12.24M
Shares Outstanding	12.24M
Shares Change (YoY)	+3.91%
Shares Change (QoQ)	+3.80%
Owned by Insiders (%)	49.97%
Owned by Institutions (%)	10.44%
Float	5.34M

Valuation Ratios

The trailing PE ratio is 12.04 and the forward PE ratio is 8.27.

PE Ratio	12.04
Forward PE	8.27
PS Ratio	1.36
PB Ratio	2.36
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	14.76
EV / Sales	1.74
EV / EBITDA	4.52
EV / EBIT	4.74
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.51, with a Debt / Equity ratio of 1.79.

Current Ratio	1.51
Quick Ratio	1.31
Debt / Equity	1.79
Debt / EBITDA	2.66
Debt / FCF	n/a
Interest Coverage	20.30

Financial Efficiency

Return on equity (ROE) is 23.89% and return on invested capital (ROIC) is 28.13%.

Return on Equity (ROE)	23.89%
Return on Assets (ROA)	10.97%
Return on Invested Capital (ROIC)	28.13%
Return on Capital Employed (ROCE)	21.32%
Weighted Average Cost of Capital (WACC)	7.47%
Revenue Per Employee	27.45M
Profits Per Employee	3.24M
Employee Count	489
Asset Turnover	0.48
Inventory Turnover	n/a

Taxes

In the past 12 months, f-code has paid 670.80 million in taxes.

Income Tax	670.80M
Effective Tax Rate	29.13%

Stock Price Statistics

The stock price has decreased by -30.37% in the last 52 weeks. The beta is 1.44, so f-code's price volatility has been higher than the market average.

Beta (5Y)	1.44
52-Week Price Change	-30.37%
50-Day Moving Average	1,505.78
200-Day Moving Average	1,761.95
Relative Strength Index (RSI)	47.38
Average Volume (20 Days)	141,765

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, f-code had revenue of JPY 13.42 billion and earned 1.59 billion in profits. Earnings per share was 123.77.

Revenue	13.42B
Gross Profit	7.87B
Operating Income	4.93B
Pretax Income	2.30B
Net Income	1.59B
EBITDA	5.17B
EBIT	4.93B
Earnings Per Share (EPS)	123.77

Balance Sheet

The company has 8.35 billion in cash and 13.79 billion in debt, with a net cash position of -5.44 billion or -444.24 per share.

Cash & Cash Equivalents	8.35B
Total Debt	13.79B
Net Cash	-5.44B
Net Cash Per Share	-444.24
Equity (Book Value)	7.72B
Book Value Per Share	654.68
Working Capital	4.35B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Depreciation & Amortization	242.75M
Net Borrowing	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 58.62%, with operating and profit margins of 36.74% and 11.81%.

Gross Margin	58.62%
Operating Margin	36.74%
Pretax Margin	17.15%
Profit Margin	11.81%
EBITDA Margin	38.55%
EBIT Margin	36.74%
FCF Margin	n/a

Dividends & Yields

f-code 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	-3.91%
Shareholder Yield	-3.91%
Earnings Yield	8.69%
FCF Yield	n/a

Fair Value

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

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 28, 2024. It was a forward split with a ratio of 2.

Last Split Date	Mar 28, 2024
Split Type	Forward
Split Ratio	2

Scores

f-code has an Altman Z-Score of 1.82 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.82
Piotroski F-Score	5