CrowdWorks, Inc. (JP:3900)
:3900
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CrowdWorks, Inc.
(3900)
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Rating:49Neutral
Price Target:
¥669.00
▼(-18.61% Downside)
Action:ReiteratedDate:04/07/26
The score is held back primarily by the 2025 profitability setback (net loss), weakening free cash flow, and rising leverage. Technicals add pressure with the stock trading below major moving averages and a negative MACD. Valuation is also a material drag due to the very high P/E, partially tempered by a moderate dividend yield.
Positive Factors
Sustained revenue growth
CrowdWorks shows a multi-year record of top-line expansion, with revenue growth averaging strong levels recently. Durable revenue momentum supports investment in product and market penetration, underpinning long-term scale benefits and optionality for expanding enterprise services.
Negative Factors
2025 profitability setback
Net income turning negative in 2025 signals material pressure on core profitability. A sustained loss year undermines return metrics, restricts retained-earnings funding for growth, and raises the bar for management to restore margins through either cost discipline or higher-margin product mix over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained revenue growth
CrowdWorks shows a multi-year record of top-line expansion, with revenue growth averaging strong levels recently. Durable revenue momentum supports investment in product and market penetration, underpinning long-term scale benefits and optionality for expanding enterprise services.
Read all positive factors
CrowdWorks, Inc. (3900) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥10.49B
Dividend Yield2.24%
Average Volume (3M)299.28K
Price to Earnings (P/E)426.2
Beta (1Y)0.67
Revenue Growth32.39%
EPS Growth-127.51%
CountryJP
Employees483
SectorIndustrials
Sector Strength72
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)0.48
Shares Outstanding15,825,959
10 Day Avg. Volume682,770
30 Day Avg. Volume299,283
Financial Highlights & Ratios
PEG Ratio0.44
Price to Book (P/B)2.20
Price to Sales (P/S)0.64
P/FCF Ratio0.00
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)-31.7
Revenue Forecast (FY)¥20.00B
CrowdWorks, Inc. Business Overview & Revenue Model
Company Description
CrowdWorks Inc. provides crowdsourcing services in Japan. The company operates CrowdWorks, a crowdsourcing platform that connects companies with individuals over the Internet enabling orders to be placed and accepted for work; and Crowdtech, a pro...
How the Company Makes Money
CrowdWorks primarily makes money by operating an online marketplace where clients post work and freelancers provide services. The company generates revenue mainly through (1) platform usage fees/commissions charged on transactions between clients ...
CrowdWorks, Inc. Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
62
Positive
Cash Flow
48
Neutral
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 22.66B | 17.11B | 13.21B | 10.57B | 7.77B |
| Gross Profit | 9.57B | 7.85B | 6.03B | 4.77B | 3.45B |
| EBITDA | 2.37B | 1.60B | 1.27B | 975.64M | 608.96M |
| Net Income | -257.07M | 910.76M | 1.10B | 802.87M | 622.42M |
Balance Sheet | |||||
| Total Assets | 15.69B | 13.54B | 10.02B | 7.66B | 6.20B |
| Cash, Cash Equivalents and Short-Term Investments | 8.09B | 5.96B | 5.77B | 5.15B | 4.25B |
| Total Debt | 3.91B | 2.03B | 696.90M | 123.28M | 100.00M |
| Total Liabilities | 8.94B | 6.23B | 3.99B | 3.00B | 2.41B |
| Stockholders Equity | 6.59B | 7.20B | 6.02B | 4.67B | 3.79B |
Cash Flow | |||||
| Free Cash Flow | 0.00 | 1.68B | 1.35B | 1.15B | 837.60M |
| Operating Cash Flow | 1.74B | 1.68B | 1.35B | 1.15B | 851.87M |
| Investing Cash Flow | -1.06B | -2.44B | -1.17B | -262.36M | -95.37M |
| Financing Cash Flow | 1.49B | 960.63M | 436.34M | 8.34M | 5.09M |
CrowdWorks, Inc. Technical Analysis
Negative
822.00
Price Trends
693.74
Negative
753.12
Negative
872.10
Negative
Market Momentum
-9.56
Negative
47.77
Neutral
71.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3900, the sentiment is Negative. The current price of 822 is above the 20-day moving average (MA) of 673.40, above the 50-day MA of 693.74, and below the 200-day MA of 872.10, indicating a bearish trend. The MACD of -9.56 indicates Negative momentum. The RSI at 47.77 is Neutral, neither overbought nor oversold. The STOCH value of 71.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3900.
CrowdWorks, Inc. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | ¥23.67B | -13.94 | ― | 3.79% | 2.69% | -13.40% | |
78 Outperform | ¥10.69B | 13.11 | ― | 1.72% | 3.95% | 4.50% | |
70 Outperform | ¥35.58B | 30.08 | ― | 0.39% | 41.23% | 50.13% | |
70 Outperform | ¥24.30B | 24.11 | ― | 5.45% | 21.90% | 0.46% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | ¥20.86B | 14.32 | ― | 3.76% | 6.74% | 7.56% | |
49 Neutral | ¥10.49B | 426.22 | ― | 2.24% | 32.39% | -127.51% |
* Industrials Sector Average
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CrowdWorks, Inc. Corporate Events
CrowdWorks Highlights Core Assets in FY2026 1Q Results Materials
Feb 13, 2026
CrowdWorks, Inc. released supplementary materials related to its FY2026 first-quarter financial results, highlighting key performance indicators and operational trends. The documents emphasize the role of the CrowdWorks platform and its five core ...
CrowdWorks Warns of Earnings Pressure After Steep Profit Drop in First Quarter
Feb 13, 2026
CrowdWorks reported consolidated net sales of ¥5.56 billion for the three months ended December 31, 2025, down 1.0% year on year, with gross profit falling 3.9% to ¥2.29 billion and operating profit plunging 84.4% to ¥54 million. Or...
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.