Employees: 6,265
Size Altech (4641.T) is a Japan Industrials company (Personnel Services) with a market value of $329M, the 1302nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥880 on 6 Nov 2026.
Performance Over six months the shares gained 4.5%, against +11.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 6.3% over the last twelve months (peer median +0.8%); the operating margin is 9.5% (peer median 3.8%).
Valuation It trades at 13.7× forward earnings against a peer median of 14.0× (10th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -14% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -22 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 44.2 points above its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥54.3B | ¥52.6B | ¥49.9B | ¥46.2B | ¥43.6B |
| Revenue growth | — | +6% | +8% | +6% | — |
| Gross profit | ¥12.1B | ¥11.9B | ¥11.3B | ¥10.7B | ¥10.2B |
| EBITDA | ¥5.41B | ¥5.64B | ¥5.45B | ¥5.32B | ¥4.95B |
| Net income | ¥3.79B | ¥3.98B | ¥3.68B | ¥3.70B | ¥3.42B |
| Free cash flow | n/a | ¥3.22B | ¥4.38B | ¥3.04B | ¥3.61B |
| Capital expenditure | n/a | ¥209M | ¥232M | ¥224M | ¥104M |
| Total debt | ¥206M | ¥219M | ¥221M | ¥245M | ¥320M |
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 | 4641.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.6% | -2.3% | 6th highest of 21 |
| 6-month return | +4.5% | +11.8% | 10th lowest of 21 |
| Distance from 52-week high | -5.0% | -13.9% | highest of 21 |
| Revenue growth (TTM) | +6.3% | +0.8% | 6th highest of 21 |
| Operating margin | 9.5% | 3.8% | 4th highest of 21 |
| Forward P/E | 13.7× | 14.0× | 10th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -13.7% | 1.9% | least demanding of 18 |
| Growth delivered (Del g) | +8.0% | +7.1% | 8th highest of 18 |
| Hurdle (Req g minus delivered) | -21.8 pp | -6.4 pp | 3rd least demanding of 18 |
| ROIC minus cost of capital | +44.2 pp | +6.2 pp | 3rd highest of 21 |
| EV / EBITDA | 7.0× | 8.8× | 2nd cheapest of 10 |
| Net debt / EBITDA | -2.6× | -0.7× | 4th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Altech 4641.T | Japan | $329M | +4% | +6% | 9% | 13.7× | -13.7% | +8.0% |
| Pasona 2168.T | Japan | $344M | -12% | 0% | 0% | n/a | n/a | n/a |
| World 2429.T | Japan | $302M | +4% | +11% | 3% | 6.2× | -3.5% | +14.6% |
| TrueBlue TBI | United States | $370M | +117% | +10% | -2% | 17.6× | n/a | n/a |
| Link and Motivation 2170.T | Japan | $376M | +4% | +11% | 13% | 17.5× | -0.3% | +6.2% |
| Fullcast 4848.T | Japan | $401M | +12% | +33% | 9% | 11.6× | -12.6% | +12.3% |
| SThree STEM.L | United Kingdom | $481M | +65% | -9% | 2% | 42.2× | 10.2% | +1.6% |
| en Inc. 4849.T | Japan | $504M | +60% | -11% | 7% | 9.6× | 5.3% | +6.7% |
| Quess QUESS.NS | India | $505M | +41% | -12% | 2% | 17.1× | 16.3% | +7.1% |
| Kelly Services KELYA | United States | $507M | +40% | -10% | 1% | 10.2× | 12.8% | -1.2% |
| HRnetGroup CHZ.SI | Singapore | $519M | -9% | +1% | 7% | 14.0× | -13.1% | +6.2% |
| dip 2379.T | Japan | $520M | -17% | -9% | 7% | 68.1× | -1.1% | +11.0% |
| Groupe Crit CEN.PA | France | $534M | -20% | +1% | 3% | 8.3× | n/a | n/a |
| Beijing Career International 300662.SZ | China | $643M | -10% | +13% | 2% | 12.0× | 10.6% | +29.9% |
| Barrett Business Services BBSI | United States | $725M | 0% | +6% | 4% | 18.2× | 1.9% | +7.1% |
| Synergie SDG.PA | France | $753M | -3% | +5% | 3% | 11.8× | -13.4% | +8.2% |
| UT Group Co.,Ltd. 2146.T | Japan | $868M | +22% | -13% | 7% | 16.1× | 6.7% | +7.7% |
| Michael Page PAGE.L | United Kingdom | $896M | +60% | -3% | 2% | 43.4× | 23.5% | +4.1% |
| Grupa Pracuj spolka akcyjna GPP.WA | Poland | $919M | +23% | +5% | 37% | 13.1× | -1.9% | +22.1% |
| Kforce KFRC | United States | $970M | +25% | +2% | 5% | 18.0× | 9.8% | -1.0% |
| Open Up 2154.T | Japan | $1.11B | +12% | -11% | 10% | 13.1× | -6.5% | +11.1% |