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Change Holdings Inc 3962

Morningstar Rating
JPY 1,201.00 +23.00 (1.95%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

3962 is trading within a range we consider fairly valued.
Price
JPY 1,182.53
Fair Value
JPY 9,415.29
Uncertainty
Very High
1-Star Price
JPY 2,391.40
5-Star Price
JPY 1,112.37
Economic Moat
Xjy
Capital Allocation
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Trading Information

Previous Close Price
JPY 1,178.00
Day Range
JPY 1,182.001,213.00
52-Week Range
JPY 1,071.002,581.00
Bid/Ask
JPY 1,201.00 / JPY 1,203.00
Market Cap
JPY 86.90 Bil
Volume/Avg
454,500 / 1.1 Mil

Key Statistics

Price/Earnings (Normalized)
11.50
Price/Sales
2.52
Dividend Yield (Trailing)
1.61%
Dividend Yield (Forward)
2.04%
Total Yield
1.61%

Company Profile

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.
Sector
Technology
Industry
Information Technology Services
Stock Style Box
Small Growth
Total Number of Employees
580

Comparables

Valuation

Metric
3962
4011
4382
Price/Earnings (Normalized)
11.50241.45724.23
Price/Book Value
1.9322.404.41
Price/Sales
2.5210.254.68
Price/Cash Flow
7.14295.7343.37
Price/Earnings
3962
4011
4382

Financial Strength

Metric
3962
4011
4382
Quick Ratio
2.453.584.18
Current Ratio
2.523.694.69
Interest Coverage
112.39−54.69
Quick Ratio
3962
4011
4382

Profitability

Metric
3962
4011
4382
Return on Assets (Normalized)
11.65%7.76%4.75%
Return on Equity (Normalized)
19.23%10.68%6.99%
Return on Invested Capital (Normalized)
14.78%10.66%5.52%
Return on Assets
3962
4011
4382
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