GMO Payment Gateway (3769) AI Stock Analysis

• Market Cap: ¥757.74B
• Dividend Yield: 1.49%
• Average Volume (3M): 194.85K
• Price to Earnings (P/E): 34.7
• Beta (1Y): 0.92
• Revenue Growth: 11.81%
• EPS Growth: 16.69%
• Country: JP
• Employees: 853
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 82.29
• Shares Outstanding: 76,557,550
• 10 Day Avg. Volume: 198,670
• 30 Day Avg. Volume: 194,853
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: ¥10,852.00 ▲(12.00% Upside)

GMO Payment Gateway's overall stock score is primarily driven by its strong financial performance, characterized by consistent revenue growth and robust profitability. Technical analysis indicates a positive trend, though short-term indicators suggest caution. The valuation appears high, which may limit upside potential. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, supporting long-term expansion and stability.

Profitability

High profitability margins reflect efficient operations and competitive advantages, ensuring sustained financial health and shareholder value.

Cash Flow Management

Strong cash flow management enhances financial flexibility, enabling strategic investments and resilience against economic fluctuations.

Negative Factors

Debt Levels

Rising debt levels may strain financial resources and limit growth opportunities, potentially impacting long-term stability.

Margin Pressures

Decreasing margins could indicate rising costs or competitive pressures, affecting profitability and operational efficiency over time.

Free Cash Flow Fluctuations

Inconsistent cash flow growth may signal operational challenges, impacting the company's ability to fund growth and manage liabilities.

GMO Payment Gateway Business Overview & Revenue Model

Company Description

GMO Payment Gateway (3769) is a leading payment processing company based in Japan that specializes in providing a range of online payment solutions and services. Operating primarily in the fintech sector, the company offers services such as credit card processing, electronic payments, and various other financial technology solutions aimed at facilitating seamless transactions for businesses and consumers. With a focus on enhancing the e-commerce experience, GMO Payment Gateway also develops and manages payment systems tailored to the needs of merchants across diverse industries.

How the Company Makes Money

GMO Payment Gateway generates revenue primarily through transaction fees charged to merchants for processing payments. Each time a customer makes a purchase using the payment gateway, the company receives a percentage of the transaction amount as a fee. Additionally, the company offers subscription-based services for its advanced payment solutions, which provide merchants with enhanced features and tools for managing their online transactions. Significant partnerships with financial institutions and e-commerce platforms further contribute to its earnings, as these collaborations enable the company to expand its customer base and improve service offerings. Furthermore, the company may earn revenue from value-added services such as fraud prevention, analytics, and other financial services that enhance the overall payment processing experience for businesses.

GMO Payment Gateway Financial Statement Overview

Summary

GMO Payment Gateway exhibits strong financial health with consistent revenue growth, robust profitability, and efficient cash flow management. The company's moderate leverage and strong return on equity further reinforce its financial stability. While there are some areas of concern, such as increasing debt levels and slight margin pressures, the company's financial position remains solid, positioning it well for future growth.

Income Statement

GMO Payment Gateway has demonstrated consistent revenue growth over the years, with a recent growth rate of 2.37%. The company maintains strong profitability metrics, including a gross profit margin of approximately 65.8% and a net profit margin of 26.5% in the latest period. The EBIT and EBITDA margins are also robust, indicating efficient operations. However, the slight decline in gross profit margin from previous years suggests potential cost pressures.

Balance Sheet

The company's balance sheet shows a healthy equity position with a debt-to-equity ratio of 0.58, indicating moderate leverage. The return on equity is strong at 19.3%, reflecting effective use of shareholder funds. The equity ratio stands at 27.8%, suggesting a solid capital structure. However, the increase in total debt over the years could pose a risk if not managed carefully.

Cash Flow

GMO Payment Gateway has shown positive free cash flow growth of 4.1%, indicating strong cash generation capabilities. The operating cash flow to net income ratio is favorable, suggesting efficient cash conversion. The free cash flow to net income ratio is also healthy, highlighting the company's ability to generate cash relative to its earnings. However, fluctuations in free cash flow growth in previous years warrant attention.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	82.50B	82.50B	73.79B	63.12B	50.30B	41.67B
Gross Profit	54.26B	54.26B	48.10B	39.99B	33.64B	28.10B
EBITDA	35.94B	35.94B	31.47B	23.22B	20.62B	15.98B
Net Income	21.83B	21.83B	18.71B	13.48B	24.15B	8.82B
Balance Sheet
Total Assets	406.80B	406.80B	344.70B	292.35B	273.41B	215.46B
Cash, Cash Equivalents and Short-Term Investments	220.83B	220.83B	174.76B	138.96B	130.47B	106.52B
Total Debt	65.38B	65.38B	53.10B	49.11B	42.68B	34.75B
Total Liabilities	290.62B	290.62B	238.88B	197.54B	184.15B	157.64B
Stockholders Equity	113.01B	113.01B	102.90B	92.27B	87.12B	55.85B
Cash Flow
Free Cash Flow	54.03B	54.22B	45.03B	1.50B	4.69B	-8.27B
Operating Cash Flow	54.30B	54.50B	49.47B	6.13B	7.66B	-6.34B
Investing Cash Flow	-8.07B	-8.07B	-5.23B	17.76B	-2.44B	2.23B
Financing Cash Flow	-1.24B	-1.24B	-3.73B	-6.42B	2.64B	12.78B

GMO Payment Gateway Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9689.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 9689 is below the 20-day moving average (MA) of 9901.95, above the 50-day MA of 9160.90, and above the 200-day MA of 8562.88, indicating a bullish trend. The MACD of 154.29 indicates Positive momentum. The RSI at 58.46 is Neutral, neither overbought nor oversold. The STOCH value of 53.98 is Neutral, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3623	78 Outperform	¥6.34B	16.00	―	1.22%	6.95%	-9.62%
4374	76 Outperform	¥11.58B	23.26	―	0.45%	19.35%	71.74%
3769	74 Outperform	¥757.74B	34.72	19.76%	1.49%	11.81%	16.69%
2428	69 Neutral	¥12.14B	11.62	―	4.39%	0.54%	9.99%
4180	66 Neutral	¥110.60B	32.85	―	0.19%	25.88%	80.30%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
3778	52 Neutral	¥116.58B	72.87	―	0.14%	36.42%	28.23%

GMO Payment Gateway Corporate Events

GMO Payment Gateway Reports Q3 FY2025 Financial Results with Strategic Expansion

GMO Payment Gateway reported a 12.6% increase in revenue for the nine months ending June 30, 2025, with operating profit rising by 20.1%. The company has also included a new subsidiary, GMO Enpay, Inc., in its consolidation, indicating strategic expansion. Despite the positive financial performance, total comprehensive income saw a decline of 13.0%, which may impact stakeholder confidence.

The most recent analyst rating on (JP:3769) stock is a Buy with a Yen10650.00 price target. To see the full list of analyst forecasts on GMO Payment Gateway stock, see the JP:3769 Stock Forecast page.