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← CockpitCompetitor Analysis › 4832.T JFE Systems, Inc.Open in the cockpit ↗

JFE Systems, Inc.4832.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Information Technology Services
Momentum neutral 54
Mkt cap
$369M
US dollars, full cap
Free float
23%
of shares outstanding
$/day
$257,247
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+27.7 pp
WACC 5.0%
Hurdle
-23 pp
Req g minus delivered
Next earnings
82 days
27 Jan 2027
Close · JPY¥1,851
1D-3.9%
1W-1.8%
1M+1.9%
3M-3.1%
6M-2.1%
YTD-22.9%
1Y-14.3%
ATR %2.4%
52w lowhigh25.0% off high

What JFE Systems does

Employees: 1,960

JFE Systems at a glance

Size JFE Systems (4832.T) is a Japan Information Technology company (Information Technology Services) with a market value of $369M, the 1231st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,851 on 6 Nov 2026.

Performance Over six months the shares fell 2.1%, against -23.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue fell 13.8% over the last twelve months (peer median +8.2%); the operating margin is 10.9% (peer median 1.5%).

Valuation It trades at 0.6× enterprise value to sales against a peer median of 1.9× (2nd cheapest of 21).

Price implies For today's price to make sense, revenue must grow about -19% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -23 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 27.7 points above its cost of capital (5.0% WACC).

Next results Next results expected around 27 Jan 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 20264832.T 99Peer median 76
Six months, rebased to 100: JFE Systems against the median of its 20 peers (local-currency closes).

JFE Systems financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥54.6B¥57.4B¥64.0B¥62.0B¥56.5B
Revenue growth—-10%+3%+10%—
Gross profit¥16.8B¥14.4B¥15.1B¥14.8B¥12.5B
EBITDAn/a¥9.21B¥10.2B¥9.83B¥8.73B
Net income¥4.03B¥4.27B¥5.44B¥4.97B¥4.32B
Free cash flown/a¥8.26B¥8.57B¥7.25B¥5.95B
Capital expendituren/a¥1.75B¥2.83B¥1.36B¥1.34B
Total debt¥1.30B¥2.88B¥3.53B¥2.01B¥1.48B

Quarterly statements and history in the cockpit →

JFE Systems 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

-40%-20%0%-20%0%301208300578TLSSWP385438176885003013782158ALITCINT8157002248CARL6533300051AURIONPROIXXRSYSTEMS6882924832.T6-month return →1-month return →
Up and to the right = strong over both horizons. JFE Systems is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%2.5×5×7.5×301208300578TLSSWP385438176885003013782158ALITCINT8157002248CARL6533300051AURIONPROIXXRSYSTEMS6882924832.TRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. JFE Systems is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%TLSSWP385438172158ALITCINT81570022486533IXXRSYSTEMS4832.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. JFE Systems is the large dot.

JFE Systems competitors and peer comparison

How JFE Systems 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.

JFE Systems against its 20 peers (data as of 6 Nov 2026)
Measure4832.TPeer medianRank in peer set
1-month return+1.9%-4.7%8th highest of 21
6-month return-2.1%-23.7%6th highest of 21
Distance from 52-week high-25.0%-44.9%6th highest of 21
Revenue growth (TTM)-13.8%+8.2%2nd lowest of 21
Operating margin10.9%1.5%6th highest of 21
EV / Sales0.6×1.9×2nd cheapest of 21
Growth the price implies (Req g, 7 yrs)-19.0%0.5%2nd least demanding of 13
Growth delivered (Del g)+4.3%+9.9%5th lowest of 13
Hurdle (Req g minus delivered)-23.4 pp-4.5 pp3rd least demanding of 13
ROIC minus cost of capital+27.7 pp-8.3 pp3rd highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
JFE Systems 4832.TJapan$369M-2%-14%11%0.6×-19.0%+4.3%
ChinaEtek Service and Technology 301208.SZChina$369M-25%+47%3%1.1×n/an/a
BizConf Technology 300578.SZChina$373M-41%-3%-13%5.0×n/an/a
Telos TLSUnited States$360M+8%+66%-2%1.6×-2.3%-1.7%
Sword SWP.PAFrance$360M+4%+8%9%1.1×-0.1%+11.0%
I'LL 3854.TJapan$357M-6%+8%27%2.3×-11.5%+9.6%
SRA 3817.TJapan$352M0%-5%16%0.7×-20.2%+6.2%
HCR 688500.SSChina$391M-28%+5%-17%3.9×n/an/a
Nanjing TDH Technology 301378.SZChina$347M-26%-2%-39%4.5×n/an/a
Yidu Tech 2158.HKHong Kong$392M-53%+17%-11%0.9×2.9%-1.9%
Alight ALITUnited States$347M-31%-4%0%0.9×29.4%-3.7%
CI&T CINTUnited States$394M-21%+20%11%0.9×-4.4%+21.4%
Tsuzuki Denki 8157.TJapan$395M+9%+8%7%0.3×-9.2%-2.9%
Weihai Huadong Automation 002248.SZChina$396M-34%+1%8%7.9×36.8%+10.1%
Carlsmed CARLUnited States$396M+48%+65%-61%5.2×n/an/a
Andes Technology 6533.TWTaiwan$343M-12%+26%-21%6.5×24.6%+20.5%
Lians Technology 300051.SZChina$399M-57%-50%-114%17.7×n/an/a
Aurionpro Solutions AURIONPRO.NSIndia$338M-33%+12%15%2.1×n/an/a
init innovation in traffic systems IXX.DEGermany$404M-37%+33%10%1.0×1.1%+12.8%
R Systems International RSYSTEMS.NSIndia$336M-11%+24%13%1.5×14.7%+17.3%
Beijing Haohan Data Technology 688292.SSChina$408M-23%+6%-12%6.0×n/an/a

Questions

Which companies are JFE Systems's closest peers?
The cockpit's peer set: ChinaEtek Service and Technology (301208.SZ), BizConf Technology (300578.SZ), Telos (TLS), Sword (SWP.PA), I'LL (3854.T), SRA (3817.T), HCR (688500.SS), Nanjing TDH Technology (301378.SZ).
Is JFE Systems expensive compared with its peers?
On ev / sales it trades at 0.6× against a peer median of 1.9×, 2nd cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about -19% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -23 pp: the price already allows for a slowdown.
How has JFE Systems stock performed?
Over six months to 6 Nov 2026 the shares returned -2.1% against -23.7% for the median peer; over one year -14.3%.

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.