GMO Payment Gateway Inc (JP:3769)
:3769
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GMO Payment Gateway
(3769)
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Rating:64Neutral
Price Target:
¥8,650.00
▲(5.88% Upside)
Action:ReiteratedDate:02/18/26
The score is supported primarily by strong underlying financial performance (high margins and healthy returns). It is meaningfully reduced by weak technical conditions (below major moving averages with negative MACD and very oversold RSI/Stoch) and a valuation that appears only moderate given a mid-20s P/E and ~1.9% yield.
Positive Factors
High Profitability
Very high gross and operating margins indicate strong unit economics and pricing power in payment processing. Durable margin structure provides buffer against cost shocks, funds reinvestment in platform features, and supports sustained returns even with moderate top-line growth deceleration.
Negative Factors
Slowing Revenue Growth
A deceleration to low-double-digit growth reduces the runway for margin expansion and scale-driven operating leverage. In a competitive payments market, slower top-line momentum makes sustaining high profitability harder and raises dependence on fee increases or upsell of value-added services.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability
Very high gross and operating margins indicate strong unit economics and pricing power in payment processing. Durable margin structure provides buffer against cost shocks, funds reinvestment in platform features, and supports sustained returns even with moderate top-line growth deceleration.
Read all positive factors
GMO Payment Gateway (3769) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥593.32B
Dividend Yield1.47%
Average Volume (3M)194.85K
Price to Earnings (P/E)35.9
Beta (1Y)0.65
Revenue Growth11.01%
EPS Growth13.05%
CountryJP
Employees853
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)67.87
Shares Outstanding76,557,550
10 Day Avg. Volume198,670
30 Day Avg. Volume194,853
Financial Highlights & Ratios
PEG Ratio1.73
Price to Book (P/B)5.57
Price to Sales (P/S)7.63
P/FCF Ratio11.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)318.92
Revenue Forecast (FY)¥94.09B
GMO Payment Gateway Business Overview & Revenue Model
Company Description
GMO Payment Gateway, Inc., together with its subsidiaries, provides financial services and integrated payment related services. It operates through three segments: Payment Enhancement Business, Payment Processing Business, and Money Service Busine...
How the Company Makes Money
The company primarily makes money by charging merchants and other clients fees to enable and operate cashless payment acceptance and payment processing. Its revenue model typically includes (1) transaction-based processing fees earned as a percent...
GMO Payment Gateway Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
74
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 84.69B | 82.50B | 73.78B | 63.12B | 50.30B | 41.67B |
| Gross Profit | 57.04B | 55.49B | 48.10B | 39.98B | 33.63B | 28.10B |
| EBITDA | 37.81B | 36.34B | 31.47B | 23.85B | 37.13B | 15.38B |
| Net Income | 22.41B | 21.83B | 18.70B | 13.47B | 24.15B | 8.82B |
Balance Sheet | ||||||
| Total Assets | 443.76B | 406.80B | 344.70B | 292.35B | 273.41B | 215.46B |
| Cash, Cash Equivalents and Short-Term Investments | 227.77B | 220.04B | 174.05B | 138.96B | 130.47B | 106.52B |
| Total Debt | 68.05B | 65.38B | 55.86B | 51.16B | 45.02B | 38.26B |
| Total Liabilities | 330.40B | 290.62B | 238.88B | 197.54B | 184.15B | 157.64B |
| Stockholders Equity | 110.16B | 113.01B | 102.90B | 92.27B | 87.12B | 55.85B |
Cash Flow | ||||||
| Free Cash Flow | 47.12B | 54.22B | 49.58B | 5.97B | 9.65B | -6.41B |
| Operating Cash Flow | 47.52B | 54.50B | 50.08B | 6.50B | 9.97B | -6.16B |
| Investing Cash Flow | -9.88B | -8.07B | -5.82B | 17.41B | -4.73B | 2.20B |
| Financing Cash Flow | 1.23B | -1.24B | -3.75B | -6.44B | 2.61B | 12.64B |
GMO Payment Gateway Technical Analysis
Positive
8170.00
Price Trends
8100.42
Positive
8890.92
Positive
8669.83
Positive
Market Momentum
239.07
Negative
67.61
Neutral
84.11
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3769, the sentiment is Positive. The current price of 8170 is below the 20-day moving average (MA) of 8420.90, above the 50-day MA of 8100.42, and below the 200-day MA of 8669.83, indicating a bullish trend. The MACD of 239.07 indicates Negative momentum. The RSI at 67.61 is Neutral, neither overbought nor oversold. The STOCH value of 84.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3769.
GMO Payment Gateway Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥8.66B | 20.41 | ― | 0.47% | 17.90% | 72.04% | |
71 Outperform | ¥6.91B | 15.28 | ― | 1.18% | 7.79% | 0.27% | |
71 Outperform | ¥47.72B | 20.49 | ― | 0.52% | 25.31% | 22.71% | |
71 Outperform | ¥5.31B | 12.30 | ― | 2.50% | 5.01% | 5.72% | |
65 Neutral | ¥10.03B | 13.23 | ― | 2.16% | 0.33% | 50.69% | |
64 Neutral | ¥593.32B | 35.93 | 20.54% | 1.47% | 11.01% | 13.05% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
JP:3769
GMO Payment Gateway
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GMO Payment Gateway Corporate Events
GMO Payment Gateway Introduces Bitcoin-Based Shareholder Benefit Program
Feb 12, 2026
GMO Payment Gateway will launch a new shareholder benefit program starting with shareholders of record as of March 31, 2026, designed to encourage long-term shareholding and deepen understanding of its and the GMO Internet Group’s businesses...
GMO Payment Gateway Lifts Q1 Earnings and Sticks to Robust FY2026 Outlook
Feb 12, 2026
GMO Payment Gateway reported solid growth for the first quarter of fiscal 2026, with revenue rising 10.8% year on year to ¥22.49 billion and operating profit up 18.0%, while profit attributable to owners of the parent increased 12.8%. Basic e...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.