Loading…

Zuken Inc.6947.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Information Technology Services
Momentum strong 66
Mkt cap
$699M
US dollars, full cap
Free float
63%
of shares outstanding
$/day
$2.39M
20-day average traded
Fwd P/E
18.5×
forward earnings
ROIC−WACC
+62.5 pp
WACC 5.4%
Hurdle
-15 pp
Req g minus delivered
Next earnings
3 days
9 Nov 2026
Close · JPY¥4,960
1D-6.4%
1W-9.7%
1M-10.3%
3M+4.3%
6M+12.2%
YTD+1.5%
1Y+2.5%
ATR %3.5%
52w lowhigh16.1% off high

What Zuken does

Employees: 1,656

Zuken at a glance

Size Zuken (6947.T) is a Japan Information Technology company (Information Technology Services) with a market value of $699M, the 904th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,960 on 6 Nov 2026.

Performance Over six months the shares gained 12.2%, against -12.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 11.8% over the last twelve months (peer median +2.1%); the operating margin is 14.5% (peer median 0.7%).

Valuation It trades at 18.5× forward earnings against a peer median of 26.8× (5th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -15 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 62.5 points above its cost of capital (5.4% WACC).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 20266947.T 114Peer median 87
Six months, rebased to 100: Zuken against the median of its 20 peers (local-currency closes).

Zuken financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥45.7B¥43.1B¥40.7B¥38.5B¥35.1B
Revenue growth—+6%+6%+10%—
Gross profit¥30.9B¥28.9B¥27.2B¥25.4B¥23.3B
EBITDA¥7.50B¥6.77B¥6.28B¥5.70B¥5.21B
Net income¥6.03B¥5.40B¥5.23B¥3.87B¥3.20B
Free cash flown/a¥5.71B¥4.58B¥4.55B¥2.42B
Capital expendituren/a¥718M¥595M¥658M¥860M
Total debt¥1.03B¥120M¥116M¥98.5M¥112M

Quarterly statements and history in the cockpit →

Zuken 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

-25%0%+25%+50%-10%0%+10%9959EBGNGSONATSOFTW300465002657VTEX300287300044COK688175VRC00227930127360028860313837622506688768MITK6947.T6-month return →1-month return →
Up and to the right = strong over both horizons. Zuken is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×100×200×300×9959EBGNGSONATSOFTW002657VTEXCOK603138376225066887686947.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zuken is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%SONATSOFTW300465VTEX002642COK688175VRC0022793762MITK6947.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. Zuken is the large dot.

Zuken competitors and peer comparison

How Zuken 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.

Zuken against its 20 peers (data as of 6 Nov 2026)
Measure6947.TPeer medianRank in peer set
1-month return-10.3%-2.5%3rd lowest of 21
6-month return+12.2%-12.3%5th highest of 21
Distance from 52-week high-16.1%-31.1%3rd highest of 21
Revenue growth (TTM)+11.8%+2.1%8th highest of 21
Operating margin14.5%0.7%3rd highest of 21
Forward P/E18.5×26.8×5th cheapest of 13
Growth the price implies (Req g, 7 yrs)-6.8%15.8%2nd least demanding of 11
Growth delivered (Del g)+8.4%+10.0%6th highest of 11
Hurdle (Req g minus delivered)-15.2 pp-1.3 pp4th least demanding of 11
ROIC minus cost of capital+62.5 pp-4.0 pphighest of 20
EV / EBITDA10.1×13.7×2nd cheapest of 7
Net debt / EBITDA-4.6×0.0×3rd least indebted of 9

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
Zuken 6947.TJapan$699M+12%+12%14%18.5×-6.8%+8.4%
Linklogis 9959.HKHong Kong$698M+4%+24%-9%136.2×n/an/a
Gng Electronics EBGNG.NSIndia$705M+32%+34%11%33.7×n/an/a
Sonata Software SONATSOFTW.NSIndia$711M-12%+4%5%13.5×18.5%+20.4%
Global Infotech 300465.SZChina$685M-28%-19%3%n/a41.1%-11.5%
Sinodata 002657.SZChina$734M-30%-31%-33%206.1×n/an/a
VTEX VTEXUnited States$666M+6%+10%13%18.3×4.2%+19.5%
Beijing Philisense Technology 300287.SZChina$736M-21%-52%-25%n/an/an/a
Ronglian 002642.SZChina$664M-13%+18%1%n/a43.6%-7.1%
Shenzhen Sunwin Intelligent 300044.SZChina$663M-14%+116%-679%n/an/an/a
Cancom COK.DEGermany$662M-20%-1%3%17.4×6.5%+7.8%
Zhuhai Comleader Information Science & Technology 688175.SSChina$657M-8%-20%-10%n/a38.7%-10.3%
Vercom VRC.WAPoland$656M-3%0%24%20.6×13.1%+32.2%
Beijing Join-Cheer Software 002279.SZChina$750M-22%-34%0%n/a41.2%-1.7%
Shanghai Rychen Technologies 301273.SZChina$645M+60%-6%-30%n/an/an/a
Daheng New Epoch Technology 600288.SSChina$644M-35%-3%11%n/an/an/a
Beijing Vastdata Technology 603138.SSChina$642M-19%+18%-25%57.0×n/an/a
TechMatrix 3762.TJapan$762M+67%+15%10%21.6×-7.5%+18.3%
Xunfei Healthcare Technology 2506.HKHong Kong$641M-17%+25%-7%326.1×n/an/a
Anhui Ronds Science & Technology 688768.SSChina$629M+16%-5%-5%32.0×n/an/a
Mitek Systems MITKUnited States$778M+10%+11%18%15.5×10.9%+12.1%

Questions

Which companies are Zuken's closest peers?
The cockpit's peer set: Linklogis (9959.HK), Gng Electronics (EBGNG.NS), Sonata Software (SONATSOFTW.NS), Global Infotech (300465.SZ), Sinodata (002657.SZ), VTEX (VTEX), Beijing Philisense Technology (300287.SZ), Ronglian (002642.SZ).
Is Zuken expensive compared with its peers?
On forward p/e it trades at 18.5× against a peer median of 26.8×, 5th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -15 pp: the price already allows for a slowdown.
How has Zuken stock performed?
Over six months to 6 Nov 2026 the shares returned +12.2% against -12.3% for the median peer; over one year +2.5%.

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.