Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.

Financial Strength

4/10

Name	Current	Vs Industry
Cash-To-Debt	1.08
Equity-to-Asset	0.43
Debt-to-Equity	0.67
Debt-to-EBITDA	2.61
Interest Coverage	14.62
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	2.71	Distress Grey Safe
Beneish M-Score	-2.62	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

9/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	45.7
	3-Year EBITDA Growth Rate	19.5
	3-Year EPS without NRI Growth Rate	34.6
	3-Year FCF Growth Rate	25.8
	3-Year Book Growth Rate	63

Momentum Rank

5/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	27
	9-Day RSI	35.59
	14-Day RSI	39.96
	6-1 Month Momentum %	4.24
	12-1 Month Momentum %	-8.39

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	2.56
	Quick Ratio	2.54
	Cash Ratio	1.52
	Days Inventory	8.54
	Days Sales Outstanding	149.9
	Days Payable	171.46

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	1.02
	Dividend Payout Ratio	0.39
	Forward Dividend Yield %	2.24
	5-Year Yield-on-Cost %	1.02
	3-Year Average Share Buyback Ratio	-4.7
	Shareholder Yield %	-16.6

Profitability Rank

9/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	52.12
	Operating Margin %	19.74
	Net Margin %	8.49
	FCF Margin %	18.96
	ROE %	8.41
	ROA %	4.04
	ROIC %	10.88
	ROC (Joel Greenblatt) %	111.95
	ROCE %	11.31
	Years of Profitability over Past 10-Year	9

GF Value Rank

2/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	26.15
	Forward PE Ratio	10.2
	PE Ratio without NRI	38.27
	Price-to-Owner-Earnings	10.09
	PEG Ratio	0.59
	PS Ratio	2.21
	PB Ratio	2.29
	Price-to-Tangible-Book	7.9
	Price-to-Free-Cash-Flow	11.78
	Price-to-Operating-Cash-Flow	9.39
	EV-to-EBIT	12.81
	EV-to-Forward-EBIT	25.43
	EV-to-EBITDA	9.81
	EV-to-Forward-EBITDA	23.16
	EV-to-Revenue	2.33
	EV-to-Forward-Revenue	8.58
	EV-to-FCF	11.23
	Price-to-Projected-FCF	1.45
	Price-to-Peter-Lynch-Fair-Value	2.51
	Price-to-Graham-Number	3.71
	Earnings Yield (Greenblatt) %	7.81
	FCF Yield %	8.76
	Forward Rate of Return (Yacktman) %	18.47

Financials

Annual Quarterly TTM

TSE:3962's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Change Holdings Inc Executives

Details

GF Value: 円3131.71

TSE:3962

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 1 Severe warning sign with 3962. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil 円)	38,869
	EPS (TTM) (円)	45.17
	Beta	0.16
	Volatility %	39.36
	14-Day RSI	39.96
	14-Day ATR (円)	61.896678
	20-Day SMA (円)	1290.75
	12-1 Month Momentum %	-8.39
	52-Week Range (円)	828 - 1598
	Shares Outstanding (Mil)	69.58

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	6
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Change Holdings Inc Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Change Holdings Inc Stock Events

Financials Calendars

	Event	Date	Price(円)
No Event Data

Change Holdings Inc Frequently Asked Questions

What is Change Holdings Inc(TSE:3962)'s stock price today?

The current price of TSE:3962 is 円1210.00. The 52 week high of TSE:3962 is 円1598.00 and 52 week low is 円828.00.

When is next earnings date of Change Holdings Inc(TSE:3962)?

The next earnings date of Change Holdings Inc(TSE:3962) is .

Does Change Holdings Inc(TSE:3962) pay dividends? If so, how much?

The Dividend Yield % of Change Holdings Inc(TSE:3962) is 1.02% (As of Today), Highest Dividend Payout Ratio of Change Holdings Inc(TSE:3962) was 0.39. The lowest was 0.13. And the median was 0.14. The Forward Dividend Yield % of Change Holdings Inc(TSE:3962) is 2.24%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

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