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← CockpitCompetitor Analysis › 8179.T Royal Holdings Co., Ltd.Open in the cockpit ↗

Royal Holdings Co., Ltd.8179.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Discretionary›Restaurants
Momentum leader 80
Mkt cap
$887M
US dollars, full cap
Free float
59%
of shares outstanding
$/day
$2.43M
20-day average traded
Fwd P/E
24.6×
forward earnings
ROIC−WACC
+1.1 pp
WACC 5.0%
Hurdle
-9 pp
Req g minus delivered
Next earnings
10 days
16 Nov 2026
Close · JPY¥1,433
1D-2.5%
1W+4.0%
1M+11.9%
3M+8.6%
6M+4.5%
YTD+8.7%
1Y+6.4%
ATR %2.2%
52w lowhigh7.8% off high

What Royal does

Employees: 2,383

Royal at a glance

Size Royal (8179.T) is a Japan Consumer Discretionary company (Restaurants) with a market value of $887M, the 784th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,433 on 6 Nov 2026.

Performance Over six months the shares gained 4.5%, against +13.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th lowest of 21 in its peer set.

Growth Revenue grew 6.7% over the last twelve months (peer median +8.0%); the operating margin is 4.6% (peer median 5.3%).

Valuation It trades at 24.6× forward earnings against a peer median of 25.5× (9th cheapest of 17).

Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -9 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.1 points above its cost of capital (5.0% WACC).

Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 1158179.T 105
Six months, rebased to 100: Royal against the median of its 20 peers (local-currency closes).

Royal financials

Reported figures in JPY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥169B¥165B¥152B¥139B¥104B
Revenue growth—+9%+10%+34%—
Gross profit¥120B¥110B¥100B¥90.9B¥69.4B
EBITDA¥16.6B¥15.9B¥14.1B¥12.3B¥7.04B
Net income¥5.88B¥5.66B¥5.92B¥4.04B¥2.75B
Free cash flow¥6.68B¥6.02B¥3.22B¥7.46B¥5.38B
Capital expenditure¥8.92B¥10.2B¥7.88B¥5.08B¥2.01B
Total debt¥47.0B¥53.5B¥50.0B¥51.2B¥55.4B

Quarterly statements and history in the cockpit →

Royal 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

0%+10%+20%+30%-10%0%+10%354326958153BLMNFWRG2589BH3087CKF761176309887WESTLIFESAPPHIRE99363399CNNE0999RBABJRI8179.T6-month return →1-month return →
Up and to the right = strong over both horizons. Royal is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%0×200×400×354326958153BLMNFWRG258930877630WESTLIFESAPPHIRE9936339909998179.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Royal is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%354326958153BLMN2589BH308776117630WESTLIFESAPPHIRE993633990999BJRI8179.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. Royal is the large dot.

Royal competitors and peer comparison

How Royal 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.

Royal against its 20 peers (data as of 6 Nov 2026)
Measure8179.TPeer medianRank in peer set
1-month return+11.9%+6.3%7th highest of 21
6-month return+4.5%+13.4%5th lowest of 21
Distance from 52-week high-7.8%-18.3%7th highest of 21
Revenue growth (TTM)+6.7%+8.0%9th lowest of 21
Operating margin4.6%5.3%9th lowest of 21
Forward P/E24.6×25.5×9th cheapest of 17
Growth the price implies (Req g, 7 yrs)5.7%3.9%8th most demanding of 17
Growth delivered (Del g)+14.4%+12.5%8th highest of 17
Hurdle (Req g minus delivered)-8.7 pp-4.3 pp7th least demanding of 17
ROIC minus cost of capital+1.1 pp+0.8 pp10th highest of 20
EV / EBITDA10.3×12.6×7th cheapest of 19
Net debt / EBITDA1.9×1.7×10th least indebted of 19

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
Royal 8179.TJapan$887M+5%+7%5%24.6×5.7%+14.4%
KOMEDA 3543.TJapan$859M-4%+13%17%19.2×-0.7%+14.7%
Kura Sushi 2695.TJapan$848M-2%+4%1%48.1×21.5%+12.5%
Mos Food Services 8153.TJapan$845M+10%+6%5%30.3×2.2%+7.4%
Bloomin' Brands BLMNUnited States$835M+23%-2%3%10.5×10.6%+4.5%
First Watch Restaurant FWRGUnited States$794M+6%+16%3%53.3×n/an/a
Auntea Jenny (Shanghai) Industrial 2589.HKHong Kong$784M-61%+36%15%8.5×-7.1%+23.7%
Biglari BHUnited States$1.01B+5%+8%5%n/a22.1%-1.8%
Doutor Nichires 3087.TJapan$1.03B+33%+8%7%16.3×-4.7%+10.6%
Collins Foods CKF.AXAustralia$762M+15%+5%8%16.3×1.4%+8.4%
Hiday Hidaka 7611.TJapan$760M+11%+10%11%23.5×-3.3%+16.1%
Ichibanya 7630.TJapan$1.06B+21%+8%6%57.3×12.2%+8.2%
Matsuya Foods 9887.TJapan$733M+7%+18%4%n/an/an/a
Westlife Foodworld WESTLIFE.NSIndia$1.08B+31%+10%5%343.5×49.0%+21.7%
Sapphire Foods India SAPPHIRE.NSIndia$715M+12%+13%4%409.8×46.7%+25.1%
Ohsho Food Service 9936.TJapan$1.11B-1%0%7%27.5×4.2%+7.7%
Maruchiyo Yamaokaya 3399.TJapan$710M+82%+19%11%28.4×3.5%+24.7%
Cannae CNNEUnited States$700M+25%-7%-17%n/an/an/a
Xiaocaiyuan International 0999.HKHong Kong$1.17B+16%+3%15%13.1×-9.6%+15.8%
Restaurant Brands Asia RBA.NSIndia$668M+31%+16%0%n/an/an/a
BJ's Restaurants BJRIUnited States$1.18B+30%+4%3%22.5×26.8%+12.4%

Questions

Which companies are Royal's closest peers?
The cockpit's peer set: KOMEDA (3543.T), Kura Sushi (2695.T), Mos Food Services (8153.T), Bloomin' Brands (BLMN), First Watch Restaurant (FWRG), Auntea Jenny (Shanghai) Industrial (2589.HK), Biglari (BH), Doutor Nichires (3087.T).
Is Royal expensive compared with its peers?
On forward p/e it trades at 24.6× against a peer median of 25.5×, 9th cheapest of 17 in its peer set. For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -9 pp: the price already allows for a slowdown.
How has Royal stock performed?
Over six months to 6 Nov 2026 the shares returned +4.5% against +13.4% for the median peer; over one year +6.4%.

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.