Which companies are FFRI Security's closest peers?

The cockpit's peer set: Hunan Creator Information Technologies (300730.SZ), Beijing SunwayWorld Science & Technology (301159.SZ), TDC SOFT (4687.T), Hangzhou Yitong New Materials (300930.SZ), CELSYS (3663.T), Carvolix (CVX.PA), Wemade (112040.KS), Spire Global (SPIR).

How has FFRI Security stock performed?

Over six months to 6 Nov 2026 the shares returned +14.8% against -24.9% for the median peer; over one year -39.9%.

← CockpitCompetitor Analysis › 3692.T FFRI Security, Inc.Open in the cockpit ↗

FFRI Security, Inc.3692.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Packaged Software

Momentum leader 82

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$347M

US dollars, full cap

Free float

42%

of shares outstanding

$/day

$54.7M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

n/a

WACC 12.3%

Hurdle

+13 pp

Req g minus delivered

Next earnings

6 days

12 Nov 2026

Close · JPY¥6,770

1D-2.3%

1W-15.3%

1M-21.9%

3M+28.9%

6M+14.8%

YTD-3.6%

1Y-39.9%

ATR %10.5%

52w lowhigh45.8% off high

What FFRI Security does

Employees: 236

FFRI Security at a glance

Size FFRI Security (3692.T) is a Japan Information Technology company (Packaged Software) with a market value of $347M, the 1264th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥6,770 on 6 Nov 2026.

Performance Over six months the shares gained 14.8%, against -24.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 27.9% over the last twelve months (peer median +3.6%); the operating margin is 29.5% (peer median 3.3%).

Valuation It trades at 11.8× enterprise value to sales against a peer median of 3.8× (3rd most expensive of 19).

Price implies For today's price to make sense, revenue must grow about 35% a year for seven years (Req g). Recent delivered growth is +22%, so the hurdle is +13 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.

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: FFRI Security against the median of its 20 peers (local-currency closes).

FFRI Security financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥4.36B	¥4.35B	¥3.04B	¥2.45B	¥1.95B
Revenue growth	—	+43%	+24%	+25%	—
Gross profit	¥2.61B	¥2.63B	¥2.02B	¥1.53B	¥1.15B
EBITDA	¥1.35B	¥1.43B	¥861M	¥540M	¥257M
Net income	¥1.03B	¥1.10B	¥687M	¥432M	¥187M
Free cash flow	n/a	¥1.31B	¥618M	¥372M	¥292M
Capital expenditure	n/a	¥71.5M	¥46.2M	¥20.2M	¥26.1M
Total debt	¥8.58M	¥8.94M	¥10.3M	¥0	¥0

Quarterly statements and history in the cockpit →

FFRI Security 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

Up and to the right = strong over both horizons. FFRI Security is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. FFRI Security is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. FFRI Security is the large dot.

FFRI Security competitors and peer comparison

How FFRI Security 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.

FFRI Security against its 20 peers (data as of 6 Nov 2026)
Measure	3692.T	Peer median	Rank in peer set
1-month return	-21.9%	-7.9%	3rd lowest of 21
6-month return	+14.8%	-24.9%	5th highest of 21
Distance from 52-week high	-45.8%	-51.1%	10th highest of 21
Revenue growth (TTM)	+27.9%	+3.6%	5th highest of 21
Operating margin	29.5%	3.3%	2nd highest of 20
EV / Sales	11.8×	3.8×	3rd most expensive of 19
Growth the price implies (Req g, 7 yrs)	34.6%	5.7%	4th most demanding of 10
Growth delivered (Del g)	+21.9%	+11.9%	4th highest of 10
Hurdle (Req g minus delivered)	+12.8 pp	-16.6 pp	4th most demanding of 10
EV / EBITDA	38.0×	11.2×	2nd most expensive of 8
Net debt / EBITDA	-2.5×	-2.6×	4th most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
FFRI Security 3692.T	Japan	$347M	+15%	+28%	29%	11.8×	34.6%	+21.9%
Hunan Creator Information Technologies 300730.SZ	China	$346M	-28%	-4%	-53%	10.5×	n/a	n/a
Beijing SunwayWorld Science & Technology 301159.SZ	China	$347M	-23%	+17%	3%	5.4×	53.6%	+7.0%
TDC SOFT 4687.T	Japan	$347M	+19%	+7%	10%	0.8×	-4.5%	+12.1%
Hangzhou Yitong New Materials 300930.SZ	China	$345M	-27%	+51%	7%	2.7×	n/a	n/a
CELSYS 3663.T	Japan	$344M	+22%	+16%	36%	4.7×	3.4%	+8.2%
Carvolix CVX.PA	France	$342M	+62%	-100%	n/a	n/a	n/a	n/a
Wemade 112040.KS	South Korea	$351M	-43%	-3%	6%	1.1×	5.7%	+37.1%
Spire Global SPIR	United States	$351M	-53%	-33%	-108%	4.3×	n/a	n/a
SaverOne 2014 Ltd. ADR SVRE	United States	$342M	-85%	-68%	-6,262%	1,956.6×	n/a	n/a
Beijing Infosec Technologies 688201.SS	China	$340M	-9%	+7%	2%	4.1×	56.5%	+5.5%
Beijing Century Real Technology 300150.SZ	China	$354M	-21%	-8%	0%	2.4×	48.8%	+2.2%
Vitalhub VHI.TO	Canada	$354M	-2%	+54%	12%	2.9×	13.6%	+51.2%
Shanghai WonderTek Software 603189.SS	China	$355M	-28%	+7%	-8%	5.6×	n/a	n/a
7Road 0797.HK	Hong Kong	$338M	+83%	+71%	27%	3.6×	n/a	n/a
DEAR U 376300.KS	South Korea	$338M	-40%	+20%	22%	4.9×	5.1%	+45.1%
Deepexi Technology 1384.HK	Hong Kong	$356M	-88%	+86%	-9%	2.9×	n/a	n/a
Wuhan Xingtu Xinke Electronics 688081.SS	China	$337M	-59%	-13%	-49%	16.6×	n/a	n/a
Base 4481.T	Japan	$356M	-7%	+1%	26%	2.0×	-13.4%	+11.9%
COLOPL 3668.T	Japan	$337M	-4%	-13%	10%	n/a	n/a	n/a
Beijing Forever Technology 300365.SZ	China	$357M	-32%	-47%	-52%	3.5×	n/a	n/a

Questions

Which companies are FFRI Security's closest peers?: The cockpit's peer set: Hunan Creator Information Technologies (300730.SZ), Beijing SunwayWorld Science & Technology (301159.SZ), TDC SOFT (4687.T), Hangzhou Yitong New Materials (300930.SZ), CELSYS (3663.T), Carvolix (CVX.PA), Wemade (112040.KS), Spire Global (SPIR).
Is FFRI Security expensive compared with its peers?: On ev / sales it trades at 11.8× against a peer median of 3.8×, 3rd most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about 35% a year for seven years (Req g). Recent delivered growth is +22%, so the hurdle is +13 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 FFRI Security stock performed?: Over six months to 6 Nov 2026 the shares returned +14.8% against -24.9% for the median peer; over one year -39.9%.