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Hennge K.k.4475.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Packaged Software
Momentum leader 100
Mkt cap
$471M
US dollars, full cap
Free float
51%
of shares outstanding
$/day
$28.4M
20-day average traded
Fwd P/E
40.3×
forward earnings
ROIC−WACC
n/a
WACC 8.7%
Hurdle
+0 pp
Req g minus delivered
Next earnings
89 days
3 Feb 2027
Close · JPY¥2,211
1D+22.1%
1W+2.5%
1M+23.2%
3M+72.2%
6M+131.5%
YTD+73.4%
1Y+46.7%
ATR %7.5%
52w lowhigh14.3% off high

What Hennge K.k does

Employees: 390

Hennge K.k at a glance

Size Hennge K.k (4475.T) is a Japan Information Technology company (Packaged Software) with a market value of $471M, the 1108th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,211 on 6 Nov 2026.

Performance Over six months the shares gained 131.5%, against -25.2% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 19.2% over the last twelve months (peer median +9.0%); the operating margin is 16.8% (peer median 8.9%).

Valuation It trades at 40.3× forward earnings against a peer median of 21.6× (4th most expensive of 15).

Price implies For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is +0 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 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

10020011 May 202611 Aug 20266 Nov 20264475.T 232Peer median 75
Six months, rebased to 100: Hennge K.k against the median of its 20 peers (local-currency closes).

Hennge K.k financials

Reported figures in JPY; fiscal year ends 2025-09-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥12.3B¥10.9B¥8.36B¥6.78B¥5.65B
Revenue growth—+31%+23%+20%—
Gross profit¥10.6B¥9.45B¥7.04B¥5.68B¥4.77B
EBITDA¥2.16B¥1.87B¥1.05B¥744M¥501M
Net income¥1.66B¥1.36B¥827M¥509M¥321M
Free cash flown/a¥2.70B¥1.87B¥1.18B¥748M
Capital expendituren/a¥67.0M¥61.4M¥88.6M¥28.5M
Total debt¥162M¥148M¥0¥0¥0

Quarterly statements and history in the cockpit →

Hennge K.k 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

-50%0%+50%+100%-20%0%+20%300148GBG9678688648EQSHKDCRW3632GRVY603232002425688168DATAMATICSBOKUNXL1INNBRAI4475.T6-month return →1-month return →
Up and to the right = strong over both horizons. Hennge K.k is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×50×100×GBG9678EQSCRW36325036603232688168225570DATAMATICSNXL6885791INN4475.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hennge K.k is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%300148GBGEQSHKDCRWDATAMATICSNXL6885791INN4475.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. Hennge K.k is the large dot.

Hennge K.k competitors and peer comparison

How Hennge K.k 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.

Hennge K.k against its 20 peers (data as of 6 Nov 2026)
Measure4475.TPeer medianRank in peer set
1-month return+23.2%-2.9%highest of 21
6-month return+131.5%-25.2%highest of 21
Distance from 52-week high-14.3%-40.1%3rd highest of 21
Revenue growth (TTM)+19.2%+9.0%6th highest of 20
Operating margin16.8%8.9%4th highest of 20
Forward P/E40.3×21.6×4th most expensive of 15
Growth the price implies (Req g, 7 yrs)21.7%9.9%4th most demanding of 11
Growth delivered (Del g)+21.3%+10.0%3rd highest of 11
Hurdle (Req g minus delivered)+0.3 pp-0.9 pp5th most demanding of 11
EV / EBITDA30.8×7.6×2nd most expensive of 9
Net debt / EBITDA-3.6×-0.2×4th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Hennge K.k 4475.TJapan$471M+132%+19%17%40.3×21.7%+21.3%
Tangel Culture 300148.SZChina$472M-8%+9%9%n/a25.6%-7.4%
GB Group PLC GBG.LUnited Kingdom$472M-29%+1%11%8.7×4.6%+5.5%
Unisound AI Technology 9678.HKHong Kong$470M-84%+40%-18%24.0×n/an/a
China Post Technology 688648.SSChina$474M-33%+52%-7%n/an/an/a
Equasens EQS.PAFrance$468M-25%+9%21%9.4×-6.4%+6.6%
AMTD Digital, Inc. Sponsored ADR HKDUnited States$468M-15%+22%27%n/a48.8%+18.5%
Craneware CRW.LUnited Kingdom$467M-32%-3%14%17.2×2.9%+22.2%
GREE Holdings.Inc 3632.TJapan$475M+20%-10%8%24.5×n/an/a
Gravity Co., Ltd. Sponsored ADR GRVYUnited States$467M+3%-2%16%n/an/an/a
Japan Business Systems 5036.TJapan$477M+16%+25%4%10.6×n/an/a
Koal Software 603232.SSChina$479M-26%-18%-33%68.7×n/an/a
Kaiser (China) Culture 002425.SZChina$461M-10%-3%-53%n/an/an/a
Beijing ABT Networks 688168.SSChina$485M-52%-73%-33%110.8×n/an/a
NEXON Games 225570.KSSouth Korea$457M-18%-31%-26%24.8×n/an/a
Datamatics Global Services DATAMATICS.NSIndia$453M-12%+11%16%15.5×10.8%+11.6%
BOKU BOKU.LUnited Kingdom$490M-29%+10%9%19.3×9.1%+17.3%
Nuix NXL.AXAustralia$452M+37%+19%12%25.6×23.0%+8.4%
Dareway Intelligent Technology 688579.SSChina$450M-26%-21%-2%44.1×18.9%+0.9%
innoscripta 1INN.DEGermany$495M-37%+42%61%8.0×-13.3%+55.9%
Braiin BRAIUnited States$447M-70%n/an/an/an/an/a

Questions

Which companies are Hennge K.k's closest peers?
The cockpit's peer set: Tangel Culture (300148.SZ), GB Group PLC (GBG.L), Unisound AI Technology (9678.HK), China Post Technology (688648.SS), Equasens (EQS.PA), AMTD Digital, Inc. Sponsored ADR (HKD), Craneware (CRW.L), GREE Holdings.Inc (3632.T).
Is Hennge K.k expensive compared with its peers?
On forward p/e it trades at 40.3× against a peer median of 21.6×, 4th most expensive of 15 in its peer set. For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is +0 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 Hennge K.k stock performed?
Over six months to 6 Nov 2026 the shares returned +131.5% against -25.2% for the median peer; over one year +46.7%.

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.