🚀 VC round data is live in beta, check it out!
JR West Valuation Multiples
Discover revenue and EBITDA valuation multiples for JR West and similar public comparables like Zhuzhou CRRC Times, Grupo México Transportes, Tokyu, Tokyo Metro and more.
JR West Overview
About JR West
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.
Founded
1987
HQ
Employees
55.7K
Website
Sectors
Financials (LTM)
EV
$18B
JR West Financials
JR West reported last 12-month revenue of $12B and EBITDA of $2B.
In the same LTM period, JR West generated $3B in gross profit, $2B in EBITDA, and $793M in net income.
Revenue (LTM)
JR West P&L
In the most recent fiscal year, JR West reported revenue of $12B and EBITDA of $2B.
JR West expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $12B | XXX | $12B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 25% | XXX | 22% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 21% | XXX | XXX | XXX |
| EBIT Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| Net Profit | $793M | XXX | $793M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| Net Debt | — | — | $8B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
JR West Stock Performance
JR West has current market cap of $10B, and enterprise value of $18B.
Market Cap Evolution
JR West's stock price is $21.25.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $18B | $10B | 0.0% | XXX | XXX | XXX | $1.74 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialJR West Valuation Multiples
JR West trades at 1.5x EV/Revenue multiple, and 7.4x EV/EBITDA.
EV / Revenue (LTM)
JR West Financial Valuation Multiples
As of March 9, 2026, JR West has market cap of $10B and EV of $18B.
Equity research analysts estimate JR West's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
JR West has a P/E ratio of 12.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $10B | XXX | $10B | XXX | XXX | XXX |
| EV (current) | $18B | XXX | $18B | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | 7.4x | XXX | 7.4x | XXX | XXX | XXX |
| EV/EBIT | 14.1x | XXX | 14.4x | XXX | XXX | XXX |
| EV/Gross Profit | 6.2x | XXX | 6.8x | XXX | XXX | XXX |
| P/E | 12.2x | XXX | 12.2x | XXX | XXX | XXX |
| EV/FCF | (57.1x) | XXX | 10.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified JR West Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
JR West Margins & Growth Rates
JR West's revenue in the last 12 month grew by 0%.
JR West's revenue per employee in the last FY averaged $0.2M.
JR West's rule of 40 is 21% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
JR West's rule of X is 21% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
JR West Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 0% | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 21% | XXX | XXX | XXX |
| EBITDA Growth | (3%) | XXX | (0%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 21% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 21% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 13% | XXX | — | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 13% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
JR West Public Comps
See public comps and valuation multiples for other Railways comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Zhuzhou CRRC Times | XXX | XXX | XXX | XXX | XXX | XXX |
| Grupo México Transportes | XXX | XXX | XXX | XXX | XXX | XXX |
| Tokyu | XXX | XXX | XXX | XXX | XXX | XXX |
| Tokyo Metro | XXX | XXX | XXX | XXX | XXX | XXX |
| Rumo | 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 M&A Activity
JR West acquired XXX companies to date.
Last acquisition by JR West was on XXXXXXXX, XXXXX. JR West acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by JR West
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialJR West Investment Activity
JR West invested in XXX companies to date.
JR West made its latest investment on XXXXXXXX, XXXXX. JR West invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by JR West
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout JR West
| 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 over 55K employees. |
| Is JR West publicly listed? | Yes, JR West is a public company listed on Tokyo Stock Exchange. |
| 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? | JR West main competitors are Zhuzhou CRRC Times, Grupo México Transportes, Tokyu, Tokyo Metro. |
| What is the current market cap of JR West? | JR West's current market cap is $10B. |
| What is the current revenue of JR West? | JR West's last 12 months revenue is $12B. |
| What is the current revenue growth of JR West? | JR West revenue growth (NTM/LTM) is 0%. |
| What is the current EV/Revenue multiple of JR West? | Current revenue multiple of JR West is 1.5x. |
| Is JR West profitable? | Yes, JR West is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of JR West? | JR West's last 12 months EBITDA is $2B. |
| What is JR West's EBITDA margin? | JR West's last 12 months EBITDA margin is 21%. |
| What is the current EV/EBITDA multiple of JR West? | Current EBITDA multiple of JR West is 7.4x. |
| What is the current FCF of JR West? | JR West's last 12 months FCF is ($317M). |
| What is JR West's FCF margin? | JR West's last 12 months FCF margin is (3%). |
| What is the current EV/FCF multiple of JR West? | Current FCF multiple of JR West is (57.1x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.