Loading…
← CockpitCompetitor Analysis › 3191.T Joyful Honda Co. Ltd.Open in the cockpit ↗

Joyful Honda Co. Ltd.3191.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Discretionary›Home Improvement Chains
Momentum strong 63
Mkt cap
$859M
US dollars, full cap
Free float
81%
of shares outstanding
$/day
$1.91M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+0.2 pp
WACC 5.0%
Hurdle
+1 pp
Req g minus delivered
Next earnings
89 days
3 Feb 2027
Close · JPY¥2,268
1D-3.7%
1W-0.2%
1M+2.2%
3M-5.8%
6M+10.4%
YTD+6.5%
1Y+7.4%
ATR %2.3%
52w lowhigh10.9% off high

What Joyful Honda does

Employees: 1,973

Joyful Honda at a glance

Size Joyful Honda (3191.T) is a Japan Consumer Discretionary company (Home Improvement Chains) with a market value of $859M, the 807th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,268 on 6 Nov 2026.

Performance Over six months the shares gained 10.4%, against +14.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th lowest of 10 in its peer set.

Growth Revenue grew 5.1% over the last twelve months (peer median +4.7%); the operating margin is 6.0% (peer median 5.5%).

Valuation It trades at 0.8× enterprise value to sales against a peer median of 0.6× (3rd most expensive of 10).

Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 0.2 points above its cost of capital (5.0% WACC).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

10011012011 May 202611 Aug 20266 Nov 2026Peer median 1153191.T 111
Six months, rebased to 100: Joyful Honda against the median of its 9 peers (local-currency closes).

Joyful Honda financials

Reported figures in JPY; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue¥142B¥140B¥136B¥133B¥129B
Revenue growth—+3%+2%+3%—
Gross profit¥49.6B¥45.6B¥44.5B¥43.3B¥43.0B
EBITDA¥11.9B¥12.1B¥14.0B¥14.2B¥14.0B
Net income¥9.02B¥9.00B¥8.33B¥9.09B¥8.53B
Free cash flown/a¥2.27B¥7.13B¥3.87B¥1.08B
Capital expendituren/a¥5.46B¥2.37B¥9.01B¥8.90B
Total debt¥8.62B¥9.84B¥14.7B¥9.18B¥12.3B

Quarterly statements and history in the cockpit →

Joyful Honda competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%+40%0%+10%+20%7516984281308218HBHBMAX27903191.T6-month return →1-month return →
Up and to the right = strong over both horizons. Joyful Honda is the large dot.

Fundamentals: revenue growth against valuation

-2.5%0%+2.5%+5%+7.5%0.4×0.6×0.8×1×75169842813082183050HBHBMAXVIC27903191.TRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Joyful Honda is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%-10%0%10%75169842813082183050HBHBMAXVIC3191.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Joyful Honda is the large dot.

Joyful Honda competitors and peer comparison

How Joyful Honda compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Joyful Honda against its 9 peers (data as of 6 Nov 2026)
Measure3191.TPeer medianRank in peer set
1-month return+2.2%+5.9%4th lowest of 10
6-month return+10.4%+14.6%5th lowest of 10
Distance from 52-week high-10.9%-7.0%2nd lowest of 10
Revenue growth (TTM)+5.1%+4.7%5th highest of 10
Operating margin6.0%5.5%4th highest of 10
EV / Sales0.8×0.6×3rd most expensive of 10
Growth the price implies (Req g, 7 yrs)1.1%-1.0%3rd most demanding of 9
Growth delivered (Del g)+0.3%+3.3%3rd lowest of 9
Hurdle (Req g minus delivered)+0.8 pp-5.7 pp3rd most demanding of 9
ROIC minus cost of capital+0.2 pp-0.5 pp4th highest of 10
EV / EBITDA10.2×7.0×2nd most expensive of 9
Net debt / EBITDA-1.2×1.8×least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Joyful Honda 3191.TJapan$859M+10%+5%6%0.8×1.1%+0.3%
Kohnan Shoji 7516.TJapan$925M+15%+6%5%0.6×0.4%+3.3%
Arclands 9842.TJapan$748M+6%+8%4%0.6×2.2%+14.2%
Sangetsu 8130.TJapan$1.15B+4%+4%10%0.8×-10.8%+7.3%
Komeri 8218.TJapan$1.21B+17%+3%6%0.6×-6.8%0.0%
DCM 3050.TJapan$1.40B+10%+5%6%0.7×-1.7%+2.9%
HORNBACH Holding AG & Co. KGaA HBH.DEGermany$1.66B+18%+5%4%0.4×-3.6%+3.4%
Byggmax BMAX.STSweden$393M+42%+2%6%0.9×-0.4%-2.0%
Victorian Plumbing VIC.LUnited Kingdom$386M+15%+7%6%1.0×11.0%+8.2%
NAFCO 2790.TJapan$346M-12%-3%1%0.4×n/an/a

Questions

Which companies are Joyful Honda's closest peers?
The cockpit's peer set: Kohnan Shoji (7516.T), Arclands (9842.T), Sangetsu (8130.T), Komeri (8218.T), DCM (3050.T), HORNBACH Holding AG & Co. KGaA (HBH.DE), Byggmax (BMAX.ST), Victorian Plumbing (VIC.L).
Is Joyful Honda expensive compared with its peers?
On ev / sales it trades at 0.8× against a peer median of 0.6×, 3rd most expensive of 10 in its peer set. For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Joyful Honda stock performed?
Over six months to 6 Nov 2026 the shares returned +10.4% against +14.6% for the median peer; over one year +7.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.