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← CockpitCompetitor Analysis › 9551.T METAWATER Co.Ltd.Open in the cockpit ↗

METAWATER Co.Ltd.9551.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Industrial Machinery
Momentum leader 81
Mkt cap
$972M
US dollars, full cap
Free float
53%
of shares outstanding
$/day
$4.32M
20-day average traded
Fwd P/E
13.5×
forward earnings
ROIC−WACC
+2.6 pp
WACC 6.8%
Hurdle
-9 pp
Req g minus delivered
Next earnings
89 days
3 Feb 2027
Close · JPY¥3,510
1D-5.8%
1W+17.0%
1M+10.6%
3M+12.3%
6M+3.5%
YTD+4.3%
1Y+17.2%
ATR %4.0%
52w lowhigh16.8% off high

What METAWATER does

Employees: 3,427

METAWATER at a glance

Size METAWATER (9551.T) is a Japan Industrials company (Industrial Machinery) with a market value of $972M, the 747th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,510 on 6 Nov 2026.

Performance Over six months the shares gained 3.5%, against -17.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 20 in its peer set.

Growth Revenue grew 12.9% over the last twelve months (peer median +9.0%); the operating margin is 5.7% (peer median 8.7%).

Valuation It trades at 13.5× forward earnings against a peer median of 19.0× (3rd cheapest of 12).

Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -9 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.6 points above its cost of capital (6.8% WACC).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 20269551.T 104Peer median 83
Six months, rebased to 100: METAWATER against the median of its 20 peers (local-currency closes).

METAWATER financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥221B¥210B¥179B¥166B¥151B
Revenue growth—+17%+8%+10%—
Gross profit¥50.3B¥47.1B¥38.7B¥34.4B¥30.3B
EBITDA¥16.8B¥16.7B¥13.6B¥12.3B¥10.6B
Net income¥8.60B¥9.14B¥6.85B¥6.88B¥6.25B
Free cash flown/a¥10.4B¥11.5B-¥6.40B-¥5.37B
Capital expendituren/a¥7.15B¥4.19B¥5.96B¥2.58B
Total debt¥39.9B¥39.6B¥40.4B¥27.0B¥14.4B

Quarterly statements and history in the cockpit →

METAWATER 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

-50%0%+50%-40%-20%0%6033916032773003588070600604790960528880280030365331SMHN0020063232800012886039853004882432UNIMECH9551.T6-month return →1-month return →
Up and to the right = strong over both horizons. METAWATER is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%20×40×60×603277300358807060528880285331SMHN002006001288UNIMECH6881559551.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. METAWATER is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%60339160327730035880706006047909SMHN0020063004886881559551.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. METAWATER is the large dot.

METAWATER competitors and peer comparison

How METAWATER 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.

METAWATER against its 20 peers (data as of 6 Nov 2026)
Measure9551.TPeer medianRank in peer set
1-month return+10.6%-12.6%2nd highest of 21
6-month return+3.5%-17.3%5th highest of 20
Distance from 52-week high-16.8%-46.9%3rd highest of 21
Revenue growth (TTM)+12.9%+9.0%10th highest of 21
Operating margin5.7%8.7%9th lowest of 21
Forward P/E13.5×19.0×3rd cheapest of 12
Growth the price implies (Req g, 7 yrs)0.9%13.6%4th least demanding of 11
Growth delivered (Del g)+9.5%+9.8%5th lowest of 11
Hurdle (Req g minus delivered)-8.6 pp+4.6 pp5th least demanding of 11
ROIC minus cost of capital+2.6 pp-3.1 pp7th highest of 21
EV / EBITDA9.0×16.8×2nd cheapest of 8
Net debt / EBITDA-0.4×-0.1×4th 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
METAWATER 9551.TJapan$972M+4%+13%6%13.5×0.9%+9.5%
Zhejiang Liju Thermal Energy Equipment 603391.SSChina$973M+18%+9%18%n/a12.0%+5.0%
Yindu Kitchen Equipment 603277.SSChina$969M-17%-4%19%13.0×-4.3%+11.1%
Truking Technology 300358.SZChina$968M-8%+6%6%18.4×-1.7%+10.1%
Chang Wah Electromaterials 8070.TWTaiwan$965M-10%+19%12%19.3×-6.6%+3.3%
Shanghai Shibei Hi-Tech 600604.SSChina$960M-13%-26%4%n/a15.1%-1.7%
Ye Siang Enterprise 7909.TWOTaiwan$984M-53%-14%16%n/a34.9%-13.5%
Changzhou Kaidi Electrical 605288.SSChina$985M+12%+1%3%50.5×n/an/a
Phoenix Silicon International 8028.TWTaiwan$991M-26%+24%24%18.3×n/an/a
Zhejiang Taitan 003036.SZChina$953M-10%+14%2%n/an/an/a
Noritake Co.,Limited 5331.TJapan$991M-19%+9%9%8.2×n/an/a
SUSS MicroTec SMHN.DEGermany$948M-53%-15%9%35.8×24.2%+14.8%
Zhejiang Jinggong Integration Technology 002006.SZChina$946M-31%-12%5%21.6×28.8%+9.6%
Taesung 323280.KSSouth Korea$999M-44%+67%3%n/an/an/a
Sichuan Zigong Conveying Machine 001288.SZChina$999M+1%-20%3%19.0×n/an/a
Jiangyin Hengrun Heavy Industries 603985.SSChina$942M-45%-20%9%n/an/an/a
Shanghai Seer Intelligent Technology 6106.HKHong Kong$940Mn/a+30%-12%n/an/an/a
Est Tools 300488.SZChina$1.01B+17%+15%29%n/a15.3%+13.1%
Shenzhen Dobot 2432.HKHong Kong$937M-50%+67%-33%n/an/an/a
Unimech Aerospace & Manufacturing UNIMECH.NSIndia$937M+63%+40%27%61.6×n/an/a
Shanghai SK Automation Technology 688155.SSChina$936M-53%+56%15%17.6×5.3%+43.3%

Questions

Which companies are METAWATER's closest peers?
The cockpit's peer set: Zhejiang Liju Thermal Energy Equipment (603391.SS), Yindu Kitchen Equipment (603277.SS), Truking Technology (300358.SZ), Chang Wah Electromaterials (8070.TW), Shanghai Shibei Hi-Tech (600604.SS), Ye Siang Enterprise (7909.TWO), Changzhou Kaidi Electrical (605288.SS), Phoenix Silicon International (8028.TW).
Is METAWATER expensive compared with its peers?
On forward p/e it trades at 13.5× against a peer median of 19.0×, 3rd cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -9 pp: the price already allows for a slowdown.
How has METAWATER stock performed?
Over six months to 6 Nov 2026 the shares returned +3.5% against -17.3% for the median peer; over one year +17.2%.

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.