Employees: 72
Size QPS (464A.T) is a Japan Information Technology company (Telecommunications Equipment) with a market value of $417M, the 1163rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,176 on 6 Nov 2026.
Performance Over six months the shares fell 53.3%, against -20.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 91.3% over the last twelve months (peer median +4.0%); the operating margin is 3.3% (peer median -1.4%).
Valuation It trades at 28.2× forward earnings against a peer median of 29.0× (4th cheapest of 7).
Capital Return on invested capital runs 16.0 points below its cost of capital (16.6% WACC).
Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥5.27B | ¥3.80B | ¥2.68B | ¥1.65B | ¥372M |
| Revenue growth | — | +42% | +62% | +345% | — |
| Gross profit | ¥1.46B | ¥330M | ¥885M | ¥945M | ¥154M |
| EBITDA | ¥2.27B | ¥845M | ¥608M | ¥549M | -¥268M |
| Net income | ¥2.12B | ¥1.15B | -¥1.85B | -¥427M | -¥1.11B |
| Free cash flow | n/a | -¥10.1B | -¥6.26B | -¥3.01B | -¥2.52B |
| Capital expenditure | n/a | ¥9.55B | ¥7.77B | ¥3.76B | ¥2.39B |
| Total debt | ¥6.30B | ¥6.30B | ¥5.30B | ¥2.10B | ¥300M |
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 | 464A.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -28.0% | -14.9% | 2nd lowest of 21 |
| 6-month return | -53.3% | -20.3% | 3rd lowest of 21 |
| Distance from 52-week high | -73.8% | -44.0% | 2nd lowest of 21 |
| Revenue growth (TTM) | +91.3% | +4.0% | 2nd highest of 21 |
| Operating margin | 3.3% | -1.4% | 9th highest of 21 |
| Forward P/E | 28.2× | 29.0× | 4th cheapest of 7 |
| ROIC minus cost of capital | -16.0 pp | -10.4 pp | 5th lowest of 21 |
| EV / EBITDA | 23.4× | 23.4× | 3rd cheapest of 5 |
| Net debt / EBITDA | -5.6× | -7.2× | 3rd most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| QPS 464A.T | Japan | $417M | -53% | +91% | 3% | 28.2× | n/a | n/a |
| Shenzhen Tvt Digital Technology 002835.SZ | China | $422M | -17% | +18% | 10% | n/a | n/a | n/a |
| Hangzhou CNCR-IT 300250.SZ | China | $423M | -30% | +1% | -2% | n/a | 49.9% | -10.0% |
| Chengdu KSW Technologies 688283.SS | China | $411M | -45% | -4% | 3% | 45.0× | n/a | n/a |
| Ningbo Bird 600130.SS | China | $428M | -16% | +26% | -1% | n/a | n/a | n/a |
| Satrec Initiative 099320.KS | South Korea | $405M | -70% | +18% | 5% | 34.2× | n/a | n/a |
| Shenzhen Genvict Technologies 002869.SZ | China | $404M | -27% | -26% | -39% | n/a | n/a | n/a |
| GemTek Technology 4906.TW | Taiwan | $433M | -10% | -36% | -2% | n/a | n/a | n/a |
| Napatech A/S NAPA.OL | Norway | $434M | -19% | +35% | -29% | n/a | n/a | n/a |
| IDT International 0167.HK | Hong Kong | $401M | +4% | +2,165% | 4% | n/a | n/a | n/a |
| Nanjing Huamai Technology 603042.SS | China | $389M | -21% | +7% | 10% | n/a | 10.2% | -6.7% |
| Clearfield CLFD | United States | $389M | -28% | -27% | 2% | 48.5× | 42.9% | +10.0% |
| Hillstone Networks 688030.SS | China | $386M | -14% | -8% | -16% | 23.8× | n/a | n/a |
| Beijing StarNeto Technology 002829.SZ | China | $460M | -33% | -25% | -70% | 11.3× | n/a | n/a |
| Joyware Electronics 300270.SZ | China | $376M | -38% | +66% | -7% | n/a | 10.1% | -4.2% |
| Sunsea AIoT Technology 002313.SZ | China | $469M | -13% | +11% | -4% | n/a | n/a | n/a |
| Jilin University Zhengyuan Information Technologies 003029.SZ | China | $478M | -20% | +1% | -29% | n/a | n/a | n/a |
| Toa 6809.T | Japan | $362M | -5% | +12% | 10% | n/a | -10.6% | +6.4% |
| AVIT 300264.SZ | China | $361M | -40% | -63% | -68% | n/a | n/a | n/a |
| Ependion EPEN.ST | Sweden | $483M | +6% | +13% | 11% | 21.1× | 10.9% | +9.2% |
| Zhuhai Raysharp Technology 301042.SZ | China | $357M | -68% | -1% | 6% | n/a | n/a | n/a |