Tokyotokeiba Ratios and Metrics

Market cap in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 9, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	144,790	147,894	121,160	121,558	103,753	116,921
Market Cap Growth	21.37%	22.07%	-0.33%	17.16%	-11.26%	-12.50%
Enterprise Value	140,531	140,744	126,102	122,635	100,832	114,298
Last Close Price	5710.00	5680.00	4441.13	4224.52	3528.97	3898.70
PE Ratio	14.56	14.14	12.48	14.38	11.05	12.87
Forward PE	13.22	13.71	12.16	12.76	10.73	12.31
PS Ratio	3.47	3.54	3.00	3.24	2.93	3.68
PB Ratio	1.53	1.56	1.33	1.40	1.29	1.61
P/TBV Ratio	1.61	1.65	1.43	1.50	1.40	1.67
P/FCF Ratio	10.60	10.83	14.71	-	11.15	28.30
P/OCF Ratio	7.28	7.43	7.53	9.49	7.07	8.14
PEG Ratio	-	1.23	1.23	1.23	1.23	1.23
EV/Sales Ratio	3.37	3.37	3.12	3.27	2.84	3.59
EV/EBITDA Ratio	6.42	6.43	6.22	6.48	5.29	6.70
EV/EBIT Ratio	9.12	9.13	9.06	9.18	7.12	8.93
EV/FCF Ratio	10.29	10.31	15.31	-	10.84	27.67
Debt / Equity Ratio	0.18	0.18	0.21	0.22	0.31	0.36
Debt / EBITDA Ratio	0.80	0.80	0.95	0.99	1.31	1.53
Debt / FCF Ratio	1.28	1.28	2.33	-	2.69	6.30
Net Debt / Equity Ratio	-0.05	-0.05	0.02	0.02	-0.09	-0.01
Net Debt / EBITDA Ratio	-0.20	-0.20	0.09	0.09	-0.39	-0.05
Net Debt / FCF Ratio	-0.32	-0.32	0.21	-1.42	-0.81	-0.20
Asset Turnover	0.34	0.34	0.34	0.31	0.30	0.31
Inventory Turnover	95.63	95.63	119.10	185.95	196.90	184.98
Quick Ratio	1.27	1.27	2.38	2.68	1.38	3.57
Current Ratio	1.30	1.30	2.46	2.75	1.41	3.63
Return on Equity (ROE)	11.28%	11.28%	10.96%	10.08%	12.26%	12.67%
Return on Assets (ROA)	7.76%	7.76%	7.31%	6.95%	7.54%	7.68%
Return on Invested Capital (ROIC)	11.94%	11.67%	10.63%	11.49%	13.75%	12.78%
Return on Capital Employed (ROCE)	14.70%	14.70%	12.40%	12.40%	14.40%	12.60%
Earnings Yield	7.23%	7.07%	8.01%	6.95%	9.05%	7.77%
FCF Yield	9.43%	9.23%	6.80%	-0.95%	8.97%	3.53%
Dividend Yield	2.50%	2.08%	2.43%	2.13%	2.13%	1.67%
Payout Ratio	30.09%	30.00%	27.91%	24.23%	18.90%	18.78%
Buyback Yield / Dilution	1.09%	1.09%	1.61%	0.01%	3.31%	0.71%
Total Shareholder Return	3.59%	3.17%	4.04%	2.14%	5.43%	2.38%

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