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← CockpitCompetitor Analysis › 8198.T Maxvalu Tokai Co., Ltd.Open in the cockpit ↗

Maxvalu Tokai Co., Ltd.8198.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Staples›Food Retail
Momentum weak 38
Mkt cap
$621M
US dollars, full cap
Free float
28%
of shares outstanding
$/day
$390,388
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+10.2 pp
WACC 5.0%
Hurdle
-22 pp
Req g minus delivered
Next earnings
63 days
8 Jan 2027
Close · JPY¥3,075
1D-3.5%
1W+0.3%
1M-6.2%
3M-3.8%
6M-10.5%
YTD-17.1%
1Y-15.4%
ATR %2.0%
52w lowhigh22.1% off high

What Maxvalu Tokai does

Employees: 2,510

Maxvalu Tokai at a glance

Size Maxvalu Tokai (8198.T) is a Japan Consumer Staples company (Food Retail) with a market value of $621M, the 964th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,075 on 6 Nov 2026.

Performance Over six months the shares fell 10.5%, against -7.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 0.9% over the last twelve months (peer median +2.2%); the operating margin is 3.3% (peer median 2.6%).

Valuation It trades at 0.1× enterprise value to sales against a peer median of 0.4× (2nd cheapest of 21).

Price implies For today's price to make sense, revenue must grow about -20% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -22 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 10.2 points above its cost of capital (5.0% WACC).

Next results Next results expected around 8 Jan 2027 (exchange calendar; dates can move).

Relative performance

909510011 May 202611 Aug 20266 Nov 2026Peer median 928198.T 89
Six months, rebased to 100: Maxvalu Tokai against the median of its 20 peers (local-currency closes).

Maxvalu Tokai financials

Reported figures in JPY; fiscal year ends 2026-02-28. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥385B¥385B¥377B¥367B¥351B
Revenue growth—+2%+3%+4%—
Gross profit¥110B¥110B¥104B¥102B¥100B
EBITDA¥18.3B¥19.1B¥19.2B¥18.1B¥15.2B
Net income¥7.84B¥10.2B¥9.39B¥8.31B¥6.17B
Free cash flown/a¥13.2B-¥689M¥11.9B¥3.45B
Capital expendituren/a¥6.50B¥10.5B¥6.35B¥7.08B
Total debt¥4.53B¥1.40B¥1.74B¥1.64B¥1.87B

Quarterly statements and history in the cockpit →

Maxvalu Tokai 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%-10%0%+10%603719NGVCVLGEA6007857512601366000759827627423539601116SMWHARKO82556051882517DDL32228198.T6-month return →1-month return →
Up and to the right = strong over both horizons. Maxvalu Tokai is the large dot.

Fundamentals: revenue growth against valuation

-30%-20%-10%0%+10%0.5×1×1.5×603719NGVCVLGEA60078575126013660007598276601116SMWHARKO6051882517DDL32228198.TRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Maxvalu Tokai is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%603719NGVCVLGEA600785601366827627423539SMWHARKO82556037086051882517DDL32228198.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. Maxvalu Tokai is the large dot.

Maxvalu Tokai competitors and peer comparison

How Maxvalu Tokai 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.

Maxvalu Tokai against its 20 peers (data as of 6 Nov 2026)
Measure8198.TPeer medianRank in peer set
1-month return-6.2%-0.8%4th lowest of 21
6-month return-10.5%-7.9%8th lowest of 21
Distance from 52-week high-22.1%-29.5%8th highest of 21
Revenue growth (TTM)+0.9%+2.2%10th lowest of 21
Operating margin3.3%2.6%9th highest of 21
EV / Sales0.1×0.4×2nd cheapest of 21
Growth the price implies (Req g, 7 yrs)-20.0%-3.2%2nd least demanding of 17
Growth delivered (Del g)+1.6%+4.8%6th lowest of 17
Hurdle (Req g minus delivered)-21.6 pp-5.3 pp3rd least demanding of 17
ROIC minus cost of capital+10.2 pp+0.9 pp4th highest of 20
Net debt / EBITDA-2.2×1.1×least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Maxvalu Tokai 8198.TJapan$621M-10%+1%3%0.1×-20.0%+1.6%
Bestore 603719.SSChina$587M-11%0%0%0.5×6.3%-7.0%
Natural Grocers by Vitamin Cottage NGVCUnited States$659M+8%+2%5%0.7×10.6%+5.1%
Village Super Market VLGEAUnited States$551M-8%+4%3%0.3×-2.5%+3.5%
Yinchuan Xinhua Commercial 600785.SSChina$540M-8%-2%4%1.1×2.7%+0.9%
Aeon Hokkaido 7512.TJapan$719M-4%+3%2%0.4×n/an/a
Liqun Commercial 601366.SSChina$528M-9%-25%-4%1.5×2.9%-4.2%
Zhongbai 000759.SZChina$521M0%-22%-11%0.9×n/an/a
Heiwado 8276.TJapan$749M-2%+2%3%0.2×-3.8%+0.7%
Halows 2742.TJapan$500M-7%+6%5%0.3×-12.8%+8.2%
JM Holdings Co., Ltd. 3539.TJapan$493M+12%+7%5%0.3×-12.4%+8.9%
Sanjiang Shopping Club 601116.SSChina$833M-26%-7%3%1.1×n/an/a
WH Smith SMWH.LUnited Kingdom$851M-10%-31%8%1.3×9.1%+8.8%
BELC 9974.TJapan$852M-8%+5%4%0.4×n/an/a
ARKO ARKOUnited States$445M-42%-2%2%0.2×-4.2%+13.8%
Axial Retailing 8255.TJapan$865M+30%+3%4%0.4×-10.9%+2.9%
Jiajiayue 603708.SSChina$874M-12%0%2%0.4×-12.7%+1.5%
Jiangxi Guoguang Commercial Chains 605188.SSChina$908M-26%+3%1%2.1×27.5%+4.6%
Guoquan Food (Shanghai) Company 2517.HKHong Kong$422M-62%+25%6%0.2×-17.7%+20.5%
Dingdong (Cayman) Ltd. Sponsored ADR DDLUnited States$413M-30%-44%-1%0.1×-20.2%+15.6%
United Super Markets 3222.TJapan$999M-7%+11%0%0.2×31.5%+5.6%

Questions

Which companies are Maxvalu Tokai's closest peers?
The cockpit's peer set: Bestore (603719.SS), Natural Grocers by Vitamin Cottage (NGVC), Village Super Market (VLGEA), Yinchuan Xinhua Commercial (600785.SS), Aeon Hokkaido (7512.T), Liqun Commercial (601366.SS), Zhongbai (000759.SZ), Heiwado (8276.T).
Is Maxvalu Tokai expensive compared with its peers?
On ev / sales it trades at 0.1× against a peer median of 0.4×, 2nd cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about -20% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -22 pp: the price already allows for a slowdown.
How has Maxvalu Tokai stock performed?
Over six months to 6 Nov 2026 the shares returned -10.5% against -7.9% for the median peer; over one year -15.4%.

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.