Circlace Valuation Multiples

Circlace is valued at $39M as of October 2026.

Circlace Overview

About Circlace

Circlace is a Japanese digital transformation consulting company headquartered in Tokyo and listed on the Tokyo Stock Exchange Growth Market. It began as the Salesforce support division of the staffing group Pasona and became independent as Pasona Tquila in 2012, adopting the Circlace name in 2020. Its consulting business covers business design, system construction, data utilisation, organisational reform and human resource development, with a focus on Salesforce implementations for large Japanese and multinational clients. It also operates AoraNow, a digital communication platform, and AGAVE, a service for managing human resources tasks of expatriate employees. The company earns revenue mainly from project-based consulting fees, supported by subscription fees for its own software services, and has recently added AI adoption support to its offering.


Founded

2012

HQ

Japan

Employees

356

Financials (Last FY)

Revenue: -
Net Income: -

EV

$39M

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Circlace Stock Performance

Circlace has current market cap of $39M, and enterprise value of $39M.


Circlace's stock price is $8.91.

See more trading valuation data for Circlace
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$39M$39M27.2%----

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Circlace Valuation Multiples

Circlace Financial Valuation Multiples

As of October 27, 2026, Circlace has market cap of $39M and EV of $39M.

LTMLast FY202320242025202620272028

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Circlace Competitors

Circlace competitors include Dev Accelerator, White Pearl Technology, Insung Information, SysGroup, mySafety Group, Societe Maghrebine de Monetique, Arribatec Group, XBP Europe, Webstep and Ctac.

Most Circlace public comparables operate across IT Consulting and Business Consulting.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Dev Accelerator$24M$11M3.1x-6.3x-
White Pearl Technology$51M$9M0.8x0.6x4.8x3.6x
Insung Information$259M($655K)0.1x-(53.9x)-
SysGroup$30M$66K1.2x1.2x551.5x15.8x
mySafety Group$33M$8M1.3x-5.2x-
Societe Maghrebine de Monetique------
Arribatec Group$62M$7M0.6x0.6x5.1x4.8x
XBP Europe$873M($53M)0.5x0.5x(8.2x)4.8x

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About Circlace

When was Circlace founded?Circlace was founded in 2012.
Where is Circlace headquartered?Circlace is headquartered in Japan.
How many employees does Circlace have?As of today, Circlace has over 356 employees.
Is Circlace publicly listed?Yes, Circlace is a public company listed on Tokyo Stock Exchange.
What is the stock symbol of Circlace?Circlace trades under 5029 ticker.
When did Circlace go public?Circlace went public in 2022.
Who are competitors of Circlace?Circlace main competitors include Dev Accelerator, White Pearl Technology, Insung Information, SysGroup, mySafety Group, Societe Maghrebine de Monetique, Arribatec Group, XBP Europe, Webstep, Ctac.
What is the current market cap of Circlace?Circlace's current market cap is $39M.
Is Circlace profitable?No, Circlace is not profitable.
How many companies Circlace has acquired to date?Circlace hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Circlace has invested to date?Circlace hasn't invested in any companies yet (or none have been disclosed publicly).

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