Switch theme
Sign up to access all valuation multiples
West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan’s population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.
1987
60.1K+
LTM Revenue $11.5B
LTM EBITDA $2.3B
$18.1B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
JR West has a last 12-month revenue of $11.5B and a last 12-month EBITDA of $2.3B.
In the most recent fiscal year, JR West achieved revenue of $10.9B and an EBITDA of $2.2B.
JR West expects next 12-month revenue of XXX and NTM EBITDA of XXX
See JR West valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $9.3B | $10.9B | XXX | XXX | XXX |
| Gross Profit | $287M | $1.8B | XXX | XXX | XXX |
| Gross Margin | 3% | 16% | XXX | XXX | XXX |
| EBITDA | $1.7B | $2.2B | XXX | XXX | XXX |
| EBITDA Margin | 18% | 20% | XXX | XXX | XXX |
| Net Profit | -$752M | $588M | XXX | XXX | XXX |
| Net Margin | -8% | 5% | XXX | XXX | XXX |
| Net Debt | $8.8B | $8.5B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, JR West's stock price is JPY 3040 (or $20).
JR West has current market cap of JPY 1.43T (or $9.5B), and EV of JPY 2.72T (or $18.1B).
See JR West trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $18.1B | $9.5B | XXX | XXX | XXX | XXX | $1.50 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, JR West has market cap of $9.5B and EV of $18.1B.
JR West's trades at 1.6x LTM EV/Revenue multiple, and 7.8x LTM EBITDA.
Analysts estimate JR West's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for JR West and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $18.1B | XXX | XXX | XXX |
| EV/Revenue | 1.6x | XXX | XXX | XXX |
| EV/EBITDA | 8.0x | XXX | XXX | XXX |
| P/E | 13.6x | XXX | XXX | XXX |
| P/E/Growth | 2.5x | XXX | XXX | XXX |
| EV/FCF | 26.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpJR West's NTM/LTM revenue growth is 4%
JR West's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $24K for the same period.
Over next 12 months, JR West's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate JR West's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for JR West and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 17% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 30% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 24% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $24K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 13% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Aurizon Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Bangkok Expressway | XXX | XXX | XXX | XXX | XXX | XXX |
| Container Corporation of India | XXX | XXX | XXX | XXX | XXX | XXX |
| Titagarh Rail Systems | XXX | XXX | XXX | XXX | XXX | XXX |
| Indian Railway Catering and Tourism | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
JR West acquired XXX companies to date.
Last acquisition by JR West was XXXXXXXX, XXXXX XXXXX XXXXXX . JR West acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| When was JR West founded? | JR West was founded in 1987. |
| Where is JR West headquartered? | JR West is headquartered in Japan. |
| How many employees does JR West have? | As of today, JR West has 60.1K+ employees. |
| Is JR West publicy listed? | Yes, JR West is a public company listed on TKS. |
| What is the stock symbol of JR West? | JR West trades under 9021 ticker. |
| When did JR West go public? | JR West went public in 1996. |
| Who are competitors of JR West? | Similar companies to JR West include e.g. Aurizon Holdings, Bangkok Expressway, Container Corporation of India, Titagarh Rail Systems. |
| What is the current market cap of JR West? | JR West's current market cap is $9.5B |
| What is the current revenue of JR West? | JR West's last 12-month revenue is $11.5B. |
| What is the current EBITDA of JR West? | JR West's last 12-month EBITDA is $2.3B. |
| What is the current EV/Revenue multiple of JR West? | Current revenue multiple of JR West is 1.6x. |
| What is the current EV/EBITDA multiple of JR West? | Current EBITDA multiple of JR West is 7.8x. |
| What is the current revenue growth of JR West? | JR West revenue growth between 2023 and 2024 was 17%. |
| Is JR West profitable? | Yes, JR West is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
