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← CockpitCompetitor Analysis › 5288.T ASIA PILE HOLDINGS CorporationOpen in the cockpit ↗

ASIA PILE HOLDINGS Corporation5288.TCompetitor analysis, valuation and peers

Japan · JPY·Materials›Construction Materials
Momentum neutral 51
Mkt cap
$340M
US dollars, full cap
Free float
74%
of shares outstanding
$/day
$1.60M
20-day average traded
Fwd P/E
6.5×
forward earnings
ROIC−WACC
+8.4 pp
WACC 6.7%
Hurdle
-22 pp
Req g minus delivered
Next earnings
5 days
11 Nov 2026
Close · JPY¥1,407
1D-3.1%
1W-2.5%
1M-2.2%
3M-4.4%
6M+0.6%
YTD-0.2%
1Y+13.1%
ATR %2.5%
52w lowhigh20.1% off high

What ASIA PILE does

Employees: 2,681

ASIA PILE at a glance

Size ASIA PILE (5288.T) is a Japan Materials company (Construction Materials) with a market value of $340M, the 1279th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,407 on 6 Nov 2026.

Performance Over six months the shares gained 0.6%, against -19.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 11.1% over the last twelve months (peer median -3.3%); the operating margin is 9.5% (peer median 6.2%).

Valuation It trades at 6.5× forward earnings against a peer median of 16.3× (cheapest of 9).

Price implies For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -22 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 8.4 points above its cost of capital (6.7% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 20265288.T 101Peer median 80
Six months, rebased to 100: ASIA PILE against the median of its 20 peers (local-currency closes).

ASIA PILE financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥119B¥116B¥101B¥103B¥110B
Revenue growth—+15%-2%-6%—
Gross profit¥23.5B¥22.6B¥15.4B¥17.3B¥16.5B
EBITDA¥14.9B¥14.3B¥7.80B¥10.6B¥9.71B
Net income¥8.16B¥7.59B¥2.35B¥3.82B¥4.13B
Free cash flown/a¥9.92B¥1.82B¥100M¥2.83B
Capital expendituren/a¥6.38B¥3.10B¥4.24B¥4.81B
Total debt¥15.0B¥16.1B¥17.6B¥13.9B¥16.0B

Quarterly statements and history in the cockpit →

ASIA PILE 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%-30%-20%-10%0%002377526206955290003300002398688398600668IBST0385006005399930N02FORT30013500096560080200245715185288.T6-month return →1-month return →
Up and to the right = strong over both horizons. ASIA PILE is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×50×100×150×52625290002398688398IBST038500FORT0007895288.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. ASIA PILE is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%0023775290003300002398688398038500N02FORT3001350007895288.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. ASIA PILE is the large dot.

ASIA PILE competitors and peer comparison

How ASIA PILE 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.

ASIA PILE against its 20 peers (data as of 6 Nov 2026)
Measure5288.TPeer medianRank in peer set
1-month return-2.2%-7.8%7th highest of 21
6-month return+0.6%-19.9%5th highest of 21
Distance from 52-week high-20.1%-39.1%5th highest of 21
Revenue growth (TTM)+11.1%-3.3%6th highest of 21
Operating margin9.5%6.2%8th highest of 21
Forward P/E6.5×16.3×cheapest of 9
Growth the price implies (Req g, 7 yrs)-16.0%0.0%2nd least demanding of 14
Growth delivered (Del g)+5.9%+4.5%4th highest of 14
Hurdle (Req g minus delivered)-21.8 pp+0.2 pp2nd least demanding of 14
ROIC minus cost of capital+8.4 pp-2.8 pp4th highest of 21
EV / EBITDA3.2×7.5×cheapest of 13
Net debt / EBITDA-0.7×1.7×4th least indebted of 13

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
ASIA PILE 5288.TJapan$340M+1%+11%10%6.5×-16.0%+5.9%
Hubei Guochuang Hi-Tech Material 002377.SZChina$343M-34%+134%43%n/a-12.6%-12.8%
Nippon Hume 5262.TJapan$329M-16%+22%6%14.5×n/an/a
Dongwu Cement International 0695.HKHong Kong$378M-36%-41%-20%n/an/an/a
Vertex 5290.TJapan$383M-42%+18%14%12.7×-11.1%+4.3%
Hanil 003300.KSSouth Korea$384M-4%-10%7%n/a-3.7%+4.7%
Lets 002398.SZChina$394M-24%-13%1%12.3×-3.7%-9.3%
Fujian SuperTech Advanced Material 688398.SSChina$399M-50%+7%5%67.8×42.2%+14.2%
Zhejiang Jianfeng 600668.SSChina$403M-41%-13%-12%n/an/an/a
Ibstock IBST.LUnited Kingdom$408M-19%-10%3%148.5×n/an/a
SAMPYO Cement 038500.KSSouth Korea$413M-69%-3%10%16.0×4.7%+4.5%
Lionhead Technology Development 600539.SSChina$427M-30%-5%-7%n/an/an/a
CHC Resources 9930.TWTaiwan$433M-17%-2%10%n/a-5.8%+7.0%
NSL N02.SISingapore$262M+2%+24%10%n/a-17.3%+9.3%
Forterra FORT.LUnited Kingdom$445M+11%-5%10%16.5×6.4%+5.7%
Jiangsu Baoli Asphalt 300135.SZChina$470M-17%-4%-2%n/a43.7%-7.5%
Jiangxi Wannianqing Cement 000789.SZChina$471M-21%-28%-9%98.5×24.3%-18.3%
Tianjin Tianbao Infrastructure 000965.SZChina$476M-23%+65%8%n/an/an/a
Fujian Cement 600802.SSChina$502M+29%-22%-23%n/an/an/a
Qinglong Pipes Industry 002457.SZChina$507M-12%+4%6%n/a0.0%+5.1%
Mitsui Matsushima 1518.TJapan$526M+57%+9%14%n/a3.7%+2.7%

Questions

Which companies are ASIA PILE's closest peers?
The cockpit's peer set: Hubei Guochuang Hi-Tech Material (002377.SZ), Nippon Hume (5262.T), Dongwu Cement International (0695.HK), Vertex (5290.T), Hanil (003300.KS), Lets (002398.SZ), Fujian SuperTech Advanced Material (688398.SS), Zhejiang Jianfeng (600668.SS).
Is ASIA PILE expensive compared with its peers?
On forward p/e it trades at 6.5× against a peer median of 16.3×, cheapest of 9 in its peer set. For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -22 pp: the price already allows for a slowdown.
How has ASIA PILE stock performed?
Over six months to 6 Nov 2026 the shares returned +0.6% against -19.9% for the median peer; over one year +13.1%.

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.