Employees: 1,973
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).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| 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 flow | n/a | ¥2.27B | ¥7.13B | ¥3.87B | ¥1.08B |
| Capital expenditure | n/a | ¥5.46B | ¥2.37B | ¥9.01B | ¥8.90B |
| Total debt | ¥8.62B | ¥9.84B | ¥14.7B | ¥9.18B | ¥12.3B |
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.
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.
| Measure | 3191.T | Peer median | Rank 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 margin | 6.0% | 5.5% | 4th highest of 10 |
| EV / Sales | 0.8× | 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 pp | 3rd most demanding of 9 |
| ROIC minus cost of capital | +0.2 pp | -0.5 pp | 4th highest of 10 |
| EV / EBITDA | 10.2× | 7.0× | 2nd most expensive of 9 |
| Net debt / EBITDA | -1.2× | 1.8× | least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Joyful Honda 3191.T | Japan | $859M | +10% | +5% | 6% | 0.8× | 1.1% | +0.3% |
| Kohnan Shoji 7516.T | Japan | $925M | +15% | +6% | 5% | 0.6× | 0.4% | +3.3% |
| Arclands 9842.T | Japan | $748M | +6% | +8% | 4% | 0.6× | 2.2% | +14.2% |
| Sangetsu 8130.T | Japan | $1.15B | +4% | +4% | 10% | 0.8× | -10.8% | +7.3% |
| Komeri 8218.T | Japan | $1.21B | +17% | +3% | 6% | 0.6× | -6.8% | 0.0% |
| DCM 3050.T | Japan | $1.40B | +10% | +5% | 6% | 0.7× | -1.7% | +2.9% |
| HORNBACH Holding AG & Co. KGaA HBH.DE | Germany | $1.66B | +18% | +5% | 4% | 0.4× | -3.6% | +3.4% |
| Byggmax BMAX.ST | Sweden | $393M | +42% | +2% | 6% | 0.9× | -0.4% | -2.0% |
| Victorian Plumbing VIC.L | United Kingdom | $386M | +15% | +7% | 6% | 1.0× | 11.0% | +8.2% |
| NAFCO 2790.T | Japan | $346M | -12% | -3% | 1% | 0.4× | n/a | n/a |