CHANGE Holdings,Inc. (JP:3962)
:3962
3962 Stock Chart & Stats
¥955.00
¥74.00(5.94%)
At close: 4:00 PM EST
¥955.00
¥74.00(5.94%)
Day’s Range― - ―
52-Week Range¥908.00 - ¥1,440.00
Previous CloseN/A
Volume1.12M
Average Volume (3M)422.31K
Market Cap
¥70.45B
Enterprise Value¥71.53B
Total Cash (Recent Filing)¥25.52B
Total Debt (Recent Filing)¥30.39B
Price to Earnings (P/E)3.2
Beta0.97
Next Earnings
May 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.47%
Share Statistics
EPS (TTM)76.47
Shares Outstanding73,852,360
10 Day Avg. Volume464,000
30 Day Avg. Volume422,306
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)2.13
Price to Sales (P/S)1.89
P/FCF Ratio11.47
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)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
High Structural ProfitabilitySustained high gross (~55%) and EBIT (~21.6%) margins reflect durable pricing power and operational scale in consulting/IT services. Such margin structure supports reinvestment, resilience through cycles and the ability to fund growth initiatives and shareholder returns over the medium term.
Strong Free Cash Flow ConversionTTM free cash flow of ¥12.4B and near-1.0 conversion of earnings into cash indicate effective cash generation from operations. Durable FCF enhances financial flexibility for capex, M&A, dividends or deleveraging and reduces reliance on external financing over the next several quarters.
Market Position In DX ServicesCore focus on digital transformation for corporate and public-sector clients aligns with a structural industry tailwind toward IT modernization. Consulting plus implementation services create sticky, recurring relationships and multi-year project pipelines that support steady revenue opportunity.
Bears Say
Margin CompressionA notable decline in net margin from FY2025 to TTM implies rising costs, adverse mix shifts or one-off impacts reducing bottom-line conversion. If persistent, this erodes cash flow and reinvestment capacity, pressuring long-term profitability and strategic flexibility.
Historic Cash-Flow VolatilityDespite strong recent FCF, historical swings — including negative operating/free cash flow in FY2023 — indicate uneven project timing or client payment patterns. Such volatility undermines predictability of funding for growth, dividends and debt servicing across multi-quarter horizons.
Rising LeverageHigher absolute debt versus earlier years increases sensitivity to operating setbacks. Even with recent improvement, a ~0.66 D/E ratio raises fixed-cost burdens and reduces financial flexibility, making the firm more exposed to margin or cash-flow deterioration during tougher market periods.
CHANGE Holdings,Inc. News
3962 FAQ
What was CHANGE Holdings,Inc.’s price range in the past 12 months?
CHANGE Holdings,Inc. lowest stock price was ¥908.00 and its highest was ¥1440.00 in the past 12 months.
What is CHANGE Holdings,Inc.’s market cap?
CHANGE Holdings,Inc.’s market cap is ¥70.45B.
When is CHANGE Holdings,Inc.’s upcoming earnings report date?
CHANGE Holdings,Inc.’s upcoming earnings report date is May 20, 2026 which is in 41 days.
How were CHANGE Holdings,Inc.’s earnings last quarter?
CHANGE Holdings,Inc. released its earnings results on Feb 12, 2026. The company reported ¥76.47 earnings per share for the quarter, beating the consensus estimate of N/A by ¥76.47.
Is CHANGE Holdings,Inc. overvalued?
According to Wall Street analysts CHANGE Holdings,Inc.’s price is currently Overvalued.
Does CHANGE Holdings,Inc. pay dividends?
CHANGE Holdings,Inc. pays a Annually dividend of ¥23 which represents an annual dividend yield of 1.47%. See more information on CHANGE Holdings,Inc. dividends here
What is CHANGE Holdings,Inc.’s EPS estimate?
CHANGE Holdings,Inc.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does CHANGE Holdings,Inc. have?
CHANGE Holdings,Inc. has 73,852,360 shares outstanding.
What happened to CHANGE Holdings,Inc.’s price movement after its last earnings report?
CHANGE Holdings,Inc. reported an EPS of ¥76.47 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.505%.
Which hedge fund is a major shareholder of CHANGE Holdings,Inc.?
Currently, no hedge funds are holding shares in JP:3962
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
CHANGE Holdings,Inc.
Change Inc. provides IT human resources development training services in Japan. It offers training services utilizing libraries and basic technologies of various algorithms, such as artificial intelligence, robotics, Internet of Things, voice internet, mobility, big data, cloud, cyber security, and new-IT transformation projects. The company was founded in 2003 and is based in Tokyo, Japan.
Technical Analysis
Options Prices
Currently, No data available
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