9022.T
Central Japan Railway CompanyExplain this page
Arphra AIPlain-English read on Central Japan Railway Company’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Valuation multiples
| In USD | FY 2026 |
|---|---|
| Headline | |
| Market cap | $3.96T |
| Enterprise value | $7.07T |
| Multiples | |
| P / E | — |
| P / B | — |
| EV / EBITDA | — |
| EV / Sales | 3.52 |
| EV / FCF | 27.74 |
| Yields | |
| Earnings yield | +13.98% |
| Free cash flow yield | +6.44% |
| Dividend yield | — |
Profitability
| In USD | FY 2026 |
|---|---|
| Margins | |
| Gross margin | +52.19% |
| Operating margin | +41.38% |
| EBITDA margin | +51.64% |
| EBIT margin | +41.38% |
| Pre-tax margin | +38.85% |
| Net margin | +27.56% |
| Cost structure | |
| Cost of revenue / sales | +47.81% |
| R&D intensity | 0.00% |
| SG&A intensity | +10.81% |
| Effective tax rate | +27.92% |
Returns on capital
| In USD | FY 2026 |
|---|---|
| Returns | |
| Return on equity (ROE) | +10.76% |
| Return on assets (ROA) | +5.08% |
| Return on capital (ROC) | +8.79% |
| Return on invested capital (ROIC) | +5.85% |
| Asset turnover | +18.45% |
| DuPont · ROE decomposition | |
| Net margin | +27.56% |
| Asset turnover (× revenue / assets) | +18.45% |
| Equity multiplier (× assets / equity) | +211.74% |
Activity & efficiency
| In USD | FY 2026 |
|---|---|
| Turnover | |
| Asset turnover | 0.18 |
| Fixed-asset turnover | 0.31 |
| Inventory turnover | 17.68 |
| Receivables turnover | 8.50 |
| Payables turnover | 9.50 |
| Days outstanding | |
| Days sales outstanding (DSO) | 42.96 |
| Days inventory outstanding (DIO) | 20.65 |
| Days payables outstanding (DPO) | 38.44 |
| Cash conversion cycle | 25.17 |
Cash flow quality
| In USD | FY 2026 |
|---|---|
| Operating CF / Net income | 1.35 |
| FCF / Net income | 0.46 |
| FCF margin | +12.70% |
| OCF margin | +37.29% |
| CapEx / Revenue | +24.59% |
| CapEx / D&A | 2.40 |
| Stock-based comp / Revenue | 0.00% |
Per-share & shareholder yield
| In USD | FY 2026 |
|---|---|
| EPS · diluted | 570.84 |
| EPS · basic | 570.84 |
| Book value / share | 5303.58 |
| Tangible BV / share | 5112.01 |
| Sales / share | 2071.42 |
| Operating CF / share | 772.50 |
| Free cash flow / share | 263.13 |
| Dividends / share | 32.28 |
| Payout ratio | +5.65% |
| Retention ratio | +94.35% |
Growth
| In USD | FY 2026 | CAGR |
|---|---|---|
| Top-line | ||
| Revenue · YoY | — | — |
| Gross profit · YoY | — | — |
| Profit | ||
| Operating income · YoY | — | — |
| EBITDA · YoY | — | — |
| Net income · YoY | — | — |
| Operating | ||
| EBIT · YoY | — | — |
| R&D · YoY | — | — |
| Per-share | ||
| EPS · diluted · YoY | — | — |
| EPS · basic · YoY | — | — |
Credit & leverage
| In USD | FY 2026 |
|---|---|
| Leverage | |
| Total debt | $4.31T |
| Net debt | $3.11T |
| Net debt / EBITDA | 3.00 |
| Debt / equity | 0.84 |
| Debt / assets | +39.61% |
| Equity / assets | +47.23% |
| Coverage | |
| EBITDA / interest expense | 13.15 |
| Operating income / interest | 10.54 |
| Interest expense | $78.78B |
| Liquidity | |
| Current ratio | 1.80 |
| Quick ratio | 1.56 |
| Cash ratio | 1.28 |
| Working capital | $742.77B |
| Working capital / revenue | +37.02% |
Historical multiples · μ ± σ bands
3 fiscal-year-end observations from key_metrics. Mean is dashed; light-green band is ±1σ, light-red band ±2σ. The dot marks the most recent value; the cheap / fair / rich verdict uses z-score against the issuer's own history (yields inverted — a high yield is cheap).
Sourced from key_metrics + financial_ratios (loaded by load_fundamentals_extended.py).
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| P / E | — | — | — |
| P / B | — | — | — |
| EV / EBITDA | — | — | — |
| EV / Sales | 3.52x | 3.35x | 3.70x |
| Earnings yield | 14.0% | 16.3% | 10.6% |
| FCF yield | 6.4% | 6.1% | 7.8% |
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Gross margin | — | — | — |
| Operating margin | — | — | — |
| Net margin | — | — | — |
| ROE | 10.9% | 10.0% | 9.2% |
| ROA | 5.1% | 4.4% | 3.9% |
| ROIC | 5.9% | 5.2% | 4.7% |
| Metric | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Debt / equity | — | — | — |
| Net debt / EBITDA | 3.00 | 3.65 | 3.28 |
| Interest coverage | — | — | — |
| Current ratio | 1.80x | 2.48x | 3.49x |
| Quick ratio | — | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).