SAN Holdings, Inc. (TYO:9628)

SAN Holdings Statistics

Total Valuation

SAN Holdings has a market cap or net worth of JPY 32.31 billion. The enterprise value is 40.91 billion.

Market Cap	32.31B
Enterprise Value	40.91B

Important Dates

The last earnings date was Friday, February 13, 2026.

Earnings Date	Feb 13, 2026
Ex-Dividend Date	Dec 29, 2025

Share Statistics

SAN Holdings has 21.92 million shares outstanding. The number of shares has increased by 0.35% in one year.

Current Share Class	21.92M
Shares Outstanding	21.92M
Shares Change (YoY)	+0.35%
Shares Change (QoQ)	+0.39%
Owned by Insiders (%)	14.03%
Owned by Institutions (%)	19.65%
Float	17.93M

Valuation Ratios

The trailing PE ratio is 6.52.

PE Ratio	6.52
Forward PE	n/a
PS Ratio	0.83
PB Ratio	0.84
P/TBV Ratio	1.24
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	8.82
EV / Sales	1.05
EV / EBITDA	5.50
EV / EBIT	9.06
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.65, with a Debt / Equity ratio of 0.40.

Current Ratio	1.65
Quick Ratio	1.35
Debt / Equity	0.40
Debt / EBITDA	2.09
Debt / FCF	n/a
Interest Coverage	26.36

Financial Efficiency

Return on equity (ROE) is 12.84% and return on invested capital (ROIC) is 6.19%.

Return on Equity (ROE)	12.84%
Return on Assets (ROA)	4.78%
Return on Invested Capital (ROIC)	6.19%
Return on Capital Employed (ROCE)	8.48%
Weighted Average Cost of Capital (WACC)	5.25%
Revenue Per Employee	33.84M
Profits Per Employee	4.02M
Employee Count	1,153
Asset Turnover	0.67
Inventory Turnover	117.95

Taxes

In the past 12 months, SAN Holdings has paid 2.63 billion in taxes.

Income Tax	2.63B
Effective Tax Rate	36.16%

Stock Price Statistics

The stock price has increased by +20.72% in the last 52 weeks. The beta is 0.58, so SAN Holdings's price volatility has been lower than the market average.

Beta (5Y)	0.58
52-Week Price Change	+20.72%
50-Day Moving Average	1,484.88
200-Day Moving Average	1,485.36
Relative Strength Index (RSI)	46.27
Average Volume (20 Days)	62,190

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, SAN Holdings had revenue of JPY 39.02 billion and earned 4.64 billion in profits. Earnings per share was 225.91.

Revenue	39.02B
Gross Profit	8.11B
Operating Income	4.48B
Pretax Income	7.26B
Net Income	4.64B
EBITDA	7.40B
EBIT	4.48B
Earnings Per Share (EPS)	225.91

Balance Sheet

The company has 6.86 billion in cash and 15.47 billion in debt, with a net cash position of -8.60 billion or -392.52 per share.

Cash & Cash Equivalents	6.86B
Total Debt	15.47B
Net Cash	-8.60B
Net Cash Per Share	-392.52
Equity (Book Value)	38.33B
Book Value Per Share	1,850.13
Working Capital	4.06B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 20.79%, with operating and profit margins of 11.49% and 11.88%.

Gross Margin	20.79%
Operating Margin	11.49%
Pretax Margin	18.62%
Profit Margin	11.88%
EBITDA Margin	18.97%
EBIT Margin	11.49%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 40.24, which amounts to a dividend yield of 2.73%.

Dividend Per Share	40.24
Dividend Yield	2.73%
Dividend Growth (YoY)	-22.97%
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	-0.35%
Shareholder Yield	2.33%
Earnings Yield	14.35%
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
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 28, 2023. It was a forward split with a ratio of 2.

Last Split Date	Sep 28, 2023
Split Type	Forward
Split Ratio	2

Scores

SAN Holdings has an Altman Z-Score of 2.56 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.56
Piotroski F-Score	4