Employees: 1,001
Size PKSHA Technology (3993.T) is a Japan Information Technology company (Packaged Software) with a market value of $602M, the 973rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,020 on 6 Nov 2026.
Performance Over six months the shares fell 8.5%, against -23.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 8th highest of 20 in its peer set.
Growth Revenue grew 73.8% over the last twelve months (peer median +18.4%); the operating margin is 15.5% (peer median -2.7%).
Valuation It trades at 28.2× forward earnings against a peer median of 24.7× (4th most expensive of 10).
Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.0 points above its cost of capital (12.3% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥34.7B | ¥21.8B | ¥16.9B | ¥13.9B | ¥11.5B |
| Revenue growth | — | +29% | +21% | +21% | — |
| Gross profit | ¥16.6B | ¥10.0B | ¥7.88B | ¥6.19B | ¥4.84B |
| EBITDA | ¥7.83B | ¥5.91B | ¥4.85B | ¥2.47B | ¥3.01B |
| Net income | ¥2.61B | ¥2.68B | ¥2.08B | ¥4.71M | ¥837M |
| Free cash flow | n/a | ¥4.95B | ¥2.80B | ¥2.84B | ¥2.48B |
| Capital expenditure | n/a | ¥928M | ¥827M | ¥707M | ¥601M |
| Total debt | ¥7.72B | ¥10.9B | ¥4.72B | ¥3.94B | ¥3.73B |
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 | 3993.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.2% | -7.3% | 8th lowest of 21 |
| 6-month return | -8.5% | -23.0% | 8th highest of 20 |
| Distance from 52-week high | -33.1% | -44.1% | 4th highest of 21 |
| Revenue growth (TTM) | +73.8% | +18.4% | 2nd highest of 20 |
| Operating margin | 15.5% | -2.7% | 3rd highest of 20 |
| Forward P/E | 28.2× | 24.7× | 4th most expensive of 10 |
| Growth the price implies (Req g, 7 yrs) | 16.6% | 22.2% | 4th least demanding of 8 |
| Growth delivered (Del g) | +24.1% | +15.6% | 4th highest of 8 |
| Hurdle (Req g minus delivered) | -7.5 pp | -8.3 pp | 4th most demanding of 8 |
| ROIC minus cost of capital | +1.0 pp | -9.5 pp | 4th highest of 19 |
| EV / EBITDA | 11.1× | 12.0× | 2nd cheapest of 5 |
| Net debt / EBITDA | -1.1× | -1.6× | 3rd most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| PKSHA Technology 3993.T | Japan | $602M | -8% | +74% | 16% | 28.2× | 16.6% | +24.1% |
| JST 6687.HK | Hong Kong | $603M | -28% | +26% | 11% | 14.5× | -11.9% | +30.3% |
| Cognyte Software CGNT | United States | $597M | -27% | +28% | 5% | 12.7× | 22.2% | -2.0% |
| Sophia Genetics SOPH | United States | $608M | +39% | +24% | -80% | n/a | n/a | n/a |
| Hangzhou Arcvideo Technology 688039.SS | China | $609M | -13% | +1% | -48% | n/a | n/a | n/a |
| TXT e-solutions TXT.MI | Italy | $610M | +29% | +22% | 6% | 16.5× | 10.3% | +41.8% |
| Gresgying Digital Energy Technology 600212.SS | China | $594M | -34% | -8% | -6% | 12.5× | 23.5% | +38.2% |
| UISEE Technologies (Beijing) 1511.HK | Hong Kong | $593M | n/a | +24% | -71% | n/a | n/a | n/a |
| Shenzhen Sinovatio Technology 002912.SZ | China | $592M | -2% | +7% | -10% | 24.7× | n/a | n/a |
| Sansec Technology 688489.SS | China | $590M | -13% | +18% | -7% | 112.0× | n/a | n/a |
| Red Cat RCAT | United States | $617M | -61% | +693% | -150% | n/a | n/a | n/a |
| Horizon Quantum HQ | United States | $617M | +14% | n/a | n/a | n/a | n/a | n/a |
| Beijing ZZNode Technologies 003007.SZ | China | $617M | -23% | +64% | 20% | n/a | n/a | n/a |
| Terra Drone 278A.T | Japan | $618M | +564% | +14% | -26% | 69.9× | n/a | n/a |
| RaySearch Laboratories RAY-B.ST | Sweden | $618M | +1% | +3% | 19% | 27.7× | 7.3% | +15.6% |
| Zhejiang TOP Cloud-agri Technology 301556.SZ | China | $620M | -34% | -14% | 13% | 40.4× | 30.7% | +14.0% |
| Fuchun Technology 300299.SZ | China | $623M | -2% | +3% | 2% | n/a | 54.9% | -4.8% |
| Shanghai Amarsoft Information & Technology 300380.SZ | China | $628M | -30% | -2% | 4% | n/a | n/a | n/a |
| Curiox Biosystems 445680.KS | South Korea | $577M | -55% | +37% | -245% | n/a | n/a | n/a |
| Beijing Bewinner Communications 002148.SZ | China | $573M | -25% | +5% | -3% | n/a | n/a | n/a |
| Sichuan Discovery Dream Science & Technology 301213.SZ | China | $633M | -26% | +34% | 2% | n/a | n/a | n/a |