Employees: 3,704
Size baudroie,inc (4413.T) is a Japan Information Technology company (Information Technology Services) with a market value of $600M, the 978th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,938 on 6 Nov 2026.
Performance Over six months the shares gained 48.4%, against -10.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 48.7% over the last twelve months (peer median +9.8%); the operating margin is 17.9% (peer median -2.2%).
Valuation It trades at 28.6× forward earnings against a peer median of 29.5× (5th cheapest of 10).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +41%, so the hurdle is -33 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 37.6 points above its cost of capital (6.2% WACC).
Next results Next results expected around 14 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥20.9B | ¥17.4B | ¥11.6B | ¥7.33B | ¥5.24B |
| Revenue growth | — | +50% | +59% | +40% | — |
| Gross profit | ¥6.95B | ¥5.71B | ¥4.03B | ¥2.62B | ¥1.88B |
| EBITDA | ¥4.07B | ¥3.66B | ¥2.72B | ¥1.64B | ¥1.02B |
| Net income | ¥2.60B | ¥2.46B | ¥1.80B | ¥1.16B | ¥794M |
| Free cash flow | n/a | ¥2.85B | ¥1.95B | ¥1.09B | ¥849M |
| Capital expenditure | n/a | ¥24.8M | ¥1.78M | ¥166M | ¥3.07M |
| Total debt | ¥3.38B | ¥2.52B | ¥1.79B | ¥1.25B | ¥560M |
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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 | 4413.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.6% | -2.0% | 10th highest of 21 |
| 6-month return | +48.4% | -10.4% | 2nd highest of 21 |
| Distance from 52-week high | -10.7% | -30.0% | highest of 21 |
| Revenue growth (TTM) | +48.7% | +9.8% | 4th highest of 21 |
| Operating margin | 17.9% | -2.2% | 4th highest of 21 |
| Forward P/E | 28.6× | 29.5× | 5th cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | 8.4% | 18.1% | 5th least demanding of 11 |
| Growth delivered (Del g) | +41.4% | +8.3% | highest of 11 |
| Hurdle (Req g minus delivered) | -33.0 pp | -0.1 pp | least demanding of 11 |
| ROIC minus cost of capital | +37.6 pp | -4.4 pp | 2nd highest of 20 |
| EV / EBITDA | 22.6× | 14.7× | most expensive of 5 |
| Net debt / EBITDA | -0.7× | -0.1× | 3rd least indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| baudroie,inc 4413.T | Japan | $600M | +48% | +49% | 18% | 28.6× | 8.4% | +41.4% |
| Bestlink Technologies 603206.SS | China | $598M | -21% | +10% | 1% | n/a | 26.9% | +9.9% |
| Bright Oceans Inter-Telecom 600289.SS | China | $588M | 0% | +231% | -36% | n/a | n/a | n/a |
| Beijing Advanced Digital Technology 300541.SZ | China | $575M | -26% | +24% | 1% | n/a | n/a | n/a |
| Mensch und Maschine Software MUM.DE | Germany | $627M | -5% | +8% | 19% | 16.0× | 0.6% | -0.4% |
| Anhui Ronds Science & Technology 688768.SS | China | $629M | +16% | -5% | -5% | 32.0× | n/a | n/a |
| Chaince Digital CD | United States | $567M | -18% | +278% | -177% | n/a | n/a | n/a |
| Xunfei Healthcare Technology 2506.HK | Hong Kong | $641M | -17% | +25% | -7% | 326.1× | n/a | n/a |
| Beijing Vastdata Technology 603138.SS | China | $642M | -19% | +18% | -25% | 57.0× | n/a | n/a |
| Daheng New Epoch Technology 600288.SS | China | $644M | -35% | -3% | 11% | n/a | n/a | n/a |
| Shanghai Rychen Technologies 301273.SZ | China | $645M | +60% | -6% | -30% | n/a | n/a | n/a |
| SI-TECH Information Technology 300608.SZ | China | $558M | -29% | -18% | -25% | n/a | 30.5% | -3.8% |
| YLZ Information Technology 300096.SZ | China | $555M | -5% | +3% | -6% | n/a | n/a | n/a |
| Vercom VRC.WA | Poland | $656M | -3% | 0% | 24% | 20.6× | 13.1% | +32.2% |
| Zhuhai Comleader Information Science & Technology 688175.SS | China | $657M | -8% | -20% | -10% | n/a | 38.7% | -10.3% |
| Cancom COK.DE | Germany | $662M | -20% | -1% | 3% | 17.4× | 6.5% | +7.8% |
| Shenzhen Sunwin Intelligent 300044.SZ | China | $663M | -14% | +116% | -679% | n/a | n/a | n/a |
| Ronglian 002642.SZ | China | $664M | -13% | +18% | 1% | n/a | 43.6% | -7.1% |
| VTEX VTEX | United States | $666M | +6% | +10% | 13% | 18.3× | 4.2% | +19.5% |
| Sygnity SGN.WA | Poland | $538M | +16% | +27% | 26% | 29.5× | -2.8% | +8.8% |
| Shandong Teamgene Technology 603151.SS | China | $537M | +32% | +17% | 0% | 36.4× | 23.1% | +27.0% |