Asia Air Survey Ratios and Metrics

Market cap in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 26, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Market Capitalization	19,855	21,384	21,311	16,245	13,741	16,943
Market Cap Growth	0.18%	0.34%	31.19%	18.22%	-18.90%	-10.19%
Enterprise Value	28,579	13,169	9,404	3,383	2,633	5,373
Last Close Price	1091.00	1156.11	1110.50	818.27	669.56	794.20
PE Ratio	13.66	11.86	11.21	8.79	7.96	9.80
PS Ratio	0.49	0.51	0.53	0.44	0.41	0.52
PB Ratio	0.83	0.96	1.00	0.81	0.75	0.98
P/TBV Ratio	0.96	1.13	1.14	0.92	0.86	1.10
P/FCF Ratio	24.82	-	-	4.32	63.61	6.67
P/OCF Ratio	8.11	30.33	35.88	3.31	15.65	5.33
EV/Sales Ratio	0.70	0.32	0.23	0.09	0.08	0.17
EV/EBITDA Ratio	6.38	2.83	2.08	0.79	0.69	1.52
EV/EBIT Ratio	11.28	4.61	3.30	1.26	1.07	2.30
EV/FCF Ratio	35.72	-	-	0.90	12.19	2.11
Debt / Equity Ratio	0.64	0.27	0.18	0.12	0.12	0.14
Debt / EBITDA Ratio	3.48	1.26	0.82	0.56	0.58	0.67
Debt / FCF Ratio	19.21	-	-	0.65	10.32	0.94
Net Debt / Equity Ratio	0.35	0.05	-0.15	-0.28	-0.18	-0.27
Net Debt / EBITDA Ratio	1.90	0.25	-0.69	-1.31	-0.86	-1.32
Net Debt / FCF Ratio	10.49	-1.51	8.46	-1.51	-15.25	-1.84
Asset Turnover	0.80	1.09	1.15	1.14	1.11	1.14
Inventory Turnover	61.08	30.36	24.95	23.31	21.52	21.36
Quick Ratio	1.50	1.79	2.08	2.30	2.25	2.60
Current Ratio	1.56	1.96	2.28	2.55	2.47	2.90
Return on Equity (ROE)	6.32%	8.43%	9.31%	9.71%	9.79%	10.60%
Return on Assets (ROA)	3.04%	4.70%	5.08%	5.16%	5.10%	5.14%
Return on Invested Capital (ROIC)	4.91%	8.66%	11.28%	12.28%	11.74%	12.90%
Return on Capital Employed (ROCE)	8.30%	10.30%	10.80%	10.50%	10.40%	10.20%
Earnings Yield	7.32%	8.43%	8.92%	11.38%	12.57%	10.21%
FCF Yield	4.03%	-3.65%	-1.72%	23.16%	1.57%	15.00%
Dividend Yield	4.03%	3.81%	3.33%	3.79%	4.18%	3.15%
Payout Ratio	55.26%	52.63%	36.28%	27.43%	26.23%	24.99%
Buyback Yield / Dilution	-0.01%	-0.19%	-0.40%	-0.01%	-0.18%	-0.39%
Total Shareholder Return	4.02%	3.62%	2.93%	3.78%	4.00%	2.76%

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