Valuation Ratios

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Price to Earnings 172.24 416.63
Price to Sales 27.98 39.72
Book Value Per Common Share 6.47 5.09 3.95 3.46
Price to Book 16.50 24.56
Price to Operating Cash Flow 282.44 117.82
Price to Free Cash Flow 709.57 135.61
Enterprise Value to EBITDA 1112671.16 4660596.38
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 643.14 1347.83 533.95 514.00 1430.10
Price to Sales 132.13 162.50 90.78 132.02 177.74
Book Value Per Common Share 6.98 6.62 6.47 6.09 5.72
Price to Book 20.27 24.45 16.50 20.26 25.00
Price to Operating Cash Flow 264.52 515.42 436.77 306.79 25089.47
Price to Free Cash Flow 351.27 1000.87 625.97 360.49 -2776.89
Enterprise Value to EBITDA 6886257.09 9846270.59 2458057.85 5856810.81 13916972.27

Earnings Data

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Earning YoY 106.67 -41.26 -4.56
Revenue YoY 23.94 20.68 -0.89
EBITDA YoY 263.44 -67.10 -1.97
Net Profit YoY 158.82 -41.60 -4.55
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY 83.33 -40.00 -16.67 140.00
Revenue YoY 7.79 -15.15 26.25 16.47
EBITDA YoY 25.29 -62.09 106.76 105.56
Net Profit YoY 83.08 -38.10 -16.67 135.51

Financial Strength

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Cash Per Common Share 2.69 2.84 2.16 1.59
Quick Ratio 5.08 2.76 2.47 2.10
Current Ratio 5.20 2.79 2.60 2.22
Debt to Equity 0.31 0.50 0.69 0.83
Long-Term Debt to Equity 0.17 0.21 0.36 0.44
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 3.07 2.75 2.68 2.54 2.25
Quick Ratio 5.45 4.88 5.08 4.88 4.44
Current Ratio 5.59 4.99 5.20 4.96 4.52
Debt to Equity 0.31 0.34 0.31 0.32 0.35
Long-Term Debt to Equity 0.18 0.19 0.17 0.19 0.20

Profitability

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
ROA 8.87 3.86 7.63 8.43
ROE 11.58 5.78 12.94 15.47
Gross Margin 96.98 95.24 96.04 95.15
Operating Margin 20.74 3.62 25.31 25.16
EBITDA Margin 25.31 8.63 31.65 32.00
Net Profit Margin 19.77 9.46 19.56 20.31
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 2.45 1.38 2.35 2.97 1.32
ROE 3.21 1.86 3.07 3.93 1.78
Gross Margin 97.44 97.15 97.74 97.15 96.21
Operating Margin 14.36 10.83 33.04 17.80 7.58
EBITDA Margin 19.21 16.52 36.99 22.58 12.80
Net Profit Margin 20.97 12.35 16.92 25.64 12.68

Dividends

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets 8,932,000.00 7,927,000.00 6,866,000.00 6,510,000.00
   Current Assets 4,830,000.00 4,197,000.00 3,537,000.00 3,092,000.00
      Cash and Short-Term Investments 2,825,000.00 2,923,000.00 2,215,000.00 1,635,000.00
            Cash and Cash Equivalents 2,085,000.00 1,923,000.00 1,554,000.00 1,004,000.00
            Short-Term Investments 740,000.00 1,000,000.00 661,000.00 631,000.00
      Net Receivables 1,898,000.00 1,225,000.00 1,153,000.00 1,290,000.00
      Inventory 0 0 0 0
      Other Current Assets 107,000.00 49,000.00 169,000.00 167,000.00
   Non-Current Assets 4,102,000.00 3,730,000.00 3,329,000.00 3,418,000.00
      Property, Plant, Equipment Net 714,000.00 420,000.00 391,000.00 417,000.00
      Goodwill 1,620,000.00 1,625,000.00 1,620,000.00 1,636,000.00
      Intangible Assets 151,000.00 152,000.00 138,000.00 205,000.00
      Long-Term Investments 565,000.00 741,000.00 723,000.00 736,000.00
      Non-Current Deferred Assets 401,000.00 282,000.00 139,000.00 135,000.00
      Other Non-Current Assets 651,000.00 510,000.00 318,000.00 289,000.00
Liabilities 2,093,000.00 2,632,000.00 2,815,000.00 2,962,000.00
   Current Liabilities 929,000.00 1,505,000.00 1,363,000.00 1,395,000.00
      Payables and Expenses 498,000.00 955,000.00 422,000.00 312,000.00
            Account Payables 63,000.00 26,000.00 82,000.00 57,000.00
            Current Accrued Liabilities 111,000.00 108,000.00 130,000.00 98,000.00
      Short-Term Debt 40,000.00 32,000.00 28,000.00 31,000.00
      Other Current Liabilities 391,000.00 518,000.00 913,000.00 1,052,000.00
   Non-Current Liabilities 1,164,000.00 1,127,000.00 1,452,000.00 1,567,000.00
      Long-Term Debt 316,000.00 194,000.00 193,000.00 230,000.00
      Other Non-Current Liabilities 848,000.00 933,000.00 1,259,000.00 1,337,000.00
Equity 6,839,000.00 5,295,000.00 4,051,000.00 3,548,000.00
   Shareholders Equity 6,839,000.00 5,295,000.00 4,051,000.00 3,548,000.00
      Capital Stock 2,000.00 2,000.00 2,000.00 2,000.00
      Share Premium 2,922,000.00 2,171,000.00 1,216,000.00 1,214,000.00
      Retained Earnings 3,543,000.00 2,751,000.00 2,457,000.00 1,933,000.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 372,000.00 371,000.00 376,000.00 399,000.00
   Minority Interest 0 0 0 0
Debt 356,000.00 226,000.00 221,000.00 261,000.00
Common Shares Outstanding 1,056,513.74 1,040,330.50 1,025,234.00 1,026,054.86
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Revenues 4,007,000.00 3,233,000.00 2,679,000.00 2,703,000.00
Cost Of Revenue 121,000.00 154,000.00 106,000.00 131,000.00
Interest Income 116,000.00 110,000.00 42,000.00 2,000.00
Non-Interest Expense 984,000.00 983,000.00 762,000.00 897,000.00
Gross Profit 3,886,000.00 3,079,000.00 2,573,000.00 2,572,000.00
Operating Expenses 3,055,000.00 2,962,000.00 1,895,000.00 1,892,000.00
   Selling, General and Administrative Expenses 984,000.00 983,000.00 762,000.00 897,000.00
   Research and Development Expenses 2,071,000.00 1,979,000.00 1,133,000.00 995,000.00
Operating Income 831,000.00 117,000.00 678,000.00 680,000.00
Net Non-Operating Income 10,000.00 11,000.00 3,000.00 10,000.00
EBT 720,000.00 212,000.00 671,000.00 786,000.00
Income Tax -72,000.00 -94,000.00 147,000.00 110,000.00
Net Income Including Non-Controlling Interests 792,000.00 306,000.00 524,000.00 549,000.00
Net Income 792,000.00 306,000.00 524,000.00 549,000.00
EBIT 831,000.00 117,000.00 678,000.00 680,000.00
Deprecation and Amortization 183,000.00 162,000.00 170,000.00 185,000.00
EBITDA 1,014,000.00 279,000.00 848,000.00 865,000.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 1,050,000.00 1,027,443.12 1,026,054.86 1,026,054.86
Average Shares Outstanding Diluted 1,066,000.00 1,044,497.03 1,026,054.86 1,026,054.86
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow 397,000.00 1,090,000.00 739,000.00 458,000.00
   Operating Net Income 792,000.00 306,000.00 524,000.00 549,000.00
   Deprecation and Amortization 183,000.00 162,000.00 170,000.00 185,000.00
   Deferred Income Tax -218,000.00 -273,000.00 -34,000.00 -76,000.00
   Share Based Compensation 820,000.00 1,037,000.00 79,000.00 26,000.00
   Change in Working Capital -1,465,000.00 -195,000.00 -73,000.00 -188,000.00
   Other Operating Activities 285,000.00 53,000.00 73,000.00 -38,000.00
Investing Cash Flow -35,000.00 -516,000.00 -138,000.00 -619,000.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -219,000.00 -92,000.00 -64,000.00 -34,000.00
   Net Purchase/Sale of Investments Net 260,000.00 -340,000.00 -30,000.00 -536,000.00
   Net Purchase/Sale of Business -57,000.00 -32,000.00 -15,000.00 -8,000.00
   Other Investing Activities -19,000.00 -52,000.00 -29,000.00 -41,000.00
Financing Cash Flow -202,000.00 -208,000.00 -42,000.00 -32,000.00
   Net Issuance/Repayment of Debt 0 0 0 50,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid 0 0 0 0
   Other Financing Activities 0 0 -42,000.00 -82,000.00
Net Change in Cash 160,000.00 366,000.00 559,000.00 -193,000.00
   Cash at Beginning of Period 1,923,000.00 1,554,000.00 1,004,000.00 1,214,000.00
   Cash at End of Period 2,085,000.00 1,923,000.00 1,554,000.00 1,004,000.00
Free Cash Flow 158,000.00 947,000.00 646,000.00 383,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 9,710,000.00 9,395,000.00 8,932,000.00 8,496,000.00 8,086,000.00
   Current Assets 5,370,000.00 5,173,000.00 4,830,000.00 4,334,000.00 4,064,000.00
      Cash and Short-Term Investments 3,258,000.00 2,906,000.00 2,825,000.00 2,671,000.00 2,358,000.00
            Cash and Cash Equivalents 2,518,000.00 1,956,000.00 2,085,000.00 2,036,000.00 1,498,000.00
            Short-Term Investments 740,000.00 950,000.00 740,000.00 635,000.00 860,000.00
      Net Receivables 1,976,000.00 2,152,000.00 1,898,000.00 1,592,000.00 1,635,000.00
      Inventory 0 0 0 0 0
      Other Current Assets 136,000.00 115,000.00 107,000.00 71,000.00 71,000.00
   Non-Current Assets 4,340,000.00 4,222,000.00 4,102,000.00 4,162,000.00 4,022,000.00
      Property, Plant, Equipment Net 1,014,000.00 873,000.00 714,000.00 599,000.00 523,000.00
      Goodwill 1,625,000.00 1,626,000.00 1,620,000.00 1,616,000.00 1,641,000.00
      Intangible Assets 245,000.00 263,000.00 151,000.00 165,000.00 184,000.00
      Long-Term Investments 556,000.00 570,000.00 565,000.00 845,000.00 796,000.00
      Non-Current Deferred Assets 403,000.00 425,000.00 401,000.00 374,000.00 351,000.00
      Other Non-Current Assets 497,000.00 465,000.00 651,000.00 563,000.00 527,000.00
Liabilities 2,303,000.00 2,388,000.00 2,093,000.00 2,077,000.00 2,074,000.00
   Current Liabilities 960,000.00 1,037,000.00 929,000.00 874,000.00 899,000.00
      Payables and Expenses 425,000.00 525,000.00 498,000.00 490,000.00 488,000.00
            Account Payables 67,000.00 71,000.00 63,000.00 70,000.00 34,000.00
            Current Accrued Liabilities 113,000.00 120,000.00 111,000.00 122,000.00 114,000.00
      Short-Term Debt 56,000.00 57,000.00 40,000.00 40,000.00 34,000.00
      Other Current Liabilities 479,000.00 455,000.00 391,000.00 344,000.00 377,000.00
   Non-Current Liabilities 1,343,000.00 1,351,000.00 1,164,000.00 1,203,000.00 1,175,000.00
      Long-Term Debt 373,000.00 339,000.00 316,000.00 231,000.00 229,000.00
      Other Non-Current Liabilities 970,000.00 1,012,000.00 848,000.00 972,000.00 946,000.00
Equity 7,407,000.00 7,007,000.00 6,839,000.00 6,419,000.00 6,012,000.00
   Shareholders Equity 7,407,000.00 7,007,000.00 6,839,000.00 6,419,000.00 6,012,000.00
      Capital Stock 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
      Share Premium 3,101,000.00 2,921,000.00 2,922,000.00 2,739,000.00 2,519,000.00
      Retained Earnings 3,911,000.00 3,673,000.00 3,543,000.00 3,333,000.00 3,081,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 393,000.00 411,000.00 372,000.00 345,000.00 410,000.00
   Minority Interest 0 0 0 0 0
Debt 429,000.00 396,000.00 356,000.00 271,000.00 263,000.00
Common Shares Outstanding 1,060,998.57 1,059,264.00 1,056,513.74 1,054,000.00 1,051,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 1,135,000.00 1,053,000.00 1,241,000.00 983,000.00 844,000.00
Cost Of Revenue 29,000.00 30,000.00 28,000.00 28,000.00 32,000.00
Interest Income 27,000.00 27,000.00 27,000.00 28,000.00 29,000.00
Non-Interest Expense 252,000.00 259,000.00 257,000.00 247,000.00 241,000.00
Gross Profit 1,106,000.00 1,023,000.00 1,213,000.00 955,000.00 812,000.00
Operating Expenses 943,000.00 909,000.00 803,000.00 780,000.00 748,000.00
   Selling, General and Administrative Expenses 252,000.00 259,000.00 257,000.00 247,000.00 241,000.00
   Research and Development Expenses 691,000.00 650,000.00 546,000.00 533,000.00 507,000.00
Operating Income 163,000.00 114,000.00 410,000.00 175,000.00 64,000.00
Net Non-Operating Income 128,000.00 1,000.00 -3,000.00 26,000.00 -19,000.00
EBT 302,000.00 146,000.00 144,000.00 268,000.00 64,000.00
Income Tax 64,000.00 16,000.00 -66,000.00 16,000.00 -43,000.00
Net Income Including Non-Controlling Interests 238,000.00 130,000.00 210,000.00 252,000.00 107,000.00
Net Income 238,000.00 130,000.00 210,000.00 252,000.00 107,000.00
EBIT 163,000.00 114,000.00 410,000.00 175,000.00 64,000.00
Deprecation and Amortization 55,000.00 60,000.00 49,000.00 47,000.00 44,000.00
EBITDA 218,000.00 174,000.00 459,000.00 222,000.00 108,000.00
EPS 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 1,060,000.00 1,058,000.00 1,055,000.00 1,052,000.00 1,049,000.00
Average Shares Outstanding Diluted 1,069,000.00 1,065,000.00 1,065,000.00 1,064,000.00 1,063,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow 567,000.00 332,000.00 258,000.00 423,000.00 6,000.00
   Operating Net Income 238,000.00 130,000.00 210,000.00 252,000.00 107,000.00
   Deprecation and Amortization 55,000.00 60,000.00 49,000.00 47,000.00 44,000.00
   Deferred Income Tax -12,000.00 -14,000.00 -214,000.00 7,000.00 -13,000.00
   Share Based Compensation 265,000.00 241,000.00 193,000.00 227,000.00 218,000.00
   Change in Working Capital 135,000.00 -89,000.00 -290,000.00 -69,000.00 -380,000.00
   Other Operating Activities -114,000.00 4,000.00 310,000.00 -41,000.00 30,000.00
Investing Cash Flow 196,000.00 -372,000.00 -188,000.00 152,000.00 75,000.00
   Capital Expenditure 0 0 0 0 0
   Net Purchase/Sale of PPE -138,000.00 -154,000.00 -74,000.00 -63,000.00 -53,000.00
   Net Purchase/Sale of Investments Net 210,000.00 -210,000.00 -105,000.00 225,000.00 140,000.00
   Net Purchase/Sale of Business 126,000.00 -2,000.00 -5,000.00 -11,000.00 -5,000.00
   Other Investing Activities -2,000.00 -6,000.00 -4,000.00 1,000.00 -7,000.00
Financing Cash Flow -190,000.00 -123,000.00 -27,000.00 -26,000.00 -53,000.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -190,000.00 -123,000.00 -27,000.00 -26,000.00 -53,000.00
Net Change in Cash 573,000.00 -163,000.00 43,000.00 549,000.00 28,000.00
   Cash at Beginning of Period 1,956,000.00 2,085,000.00 2,036,000.00 1,498,000.00 1,465,000.00
   Cash at End of Period 2,518,000.00 1,956,000.00 2,085,000.00 2,036,000.00 1,498,000.00
Free Cash Flow 427,000.00 171,000.00 180,000.00 360,000.00 -54,000.00