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Money Forward (3994) Price & Analysis

2 Followers

3994 Stock Chart & Stats

¥5000.00

-¥23.00(-0.47%)

At close: Jan 08 4:00 PM EST

¥5000.00

-¥23.00(-0.47%)

Day’s Range― - ―

52-Week Range¥2,750.50 - ¥6,794.00

Previous CloseN/A

Volume430.10K

Average Volume (3M)292.29K

Market Cap

¥299.99B

Enterprise Value¥247.27K

Total Cash (Recent Filing)¥77.44B

Total Debt (Recent Filing)¥41.27B

Price to Earnings (P/E)69.0

Beta0.59

Next Earnings

Oct 15, 2026

EPS Estimate

3.79

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)81.93

Shares Outstanding55,701,813

10 Day Avg. Volume391,570

30 Day Avg. Volume292,293

Financial Highlights & Ratios

PEG Ratio-1.15

Price to Book (P/B)5.20

Price to Sales (P/S)4.53

P/FCF Ratio68.80

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

¥3,500.00

Price Target Upside-30.00% Downside

Rating ConsensusModerate Sell

Number of Analyst Covering1

EPS Forecast (FY)13.93

Revenue Forecast (FY)¥60.46B

Bulls Say, Bears Say

Bulls Say

Recurring SaaS Model & Data ConnectivityA subscription-driven SaaS model with modular back-office products creates predictable recurring revenue and strong unit economics over time. The company’s financial data aggregation layer is a structural asset for customer stickiness and cross-sell, supporting durable revenue expansion as customers add modules and services.

Revenue Growth And Profitability InflectionSustained multi-year revenue growth and a 2025 inflection where net income and EBITDA turned positive indicate improving operating leverage. This marks a structural transition from investment to earnings generation, increasing the likelihood that margins and free cash flow can remain positive if growth and cost discipline persist.

Improving Balance-sheet SupportAn expanding equity base and an improving debt-to-equity ratio provide financial flexibility as the business scales. For a software company, this balance-sheet support reduces the risk of liquidity stress during investment cycles and underpins the ability to fund product development and M&A without immediate reliance on external financing.

Bears Say

Operating Profit Remains NegativeDespite net income and EBITDA turning positive, reported operating profit remains negative, indicating that core operating expenses and non-EBITDA charges still consume a portion of earnings. This structural gap must close for margins to be reliably sustainable, otherwise profitability could prove fragile.

Historic Cash-flow VolatilityA track record of multi-year negative operating and free cash flow before 2025 shows that cash conversion has been inconsistent. One year of positive FCF is promising but insufficient to prove durability; recurring cash-flow volatility increases funding risk and complicates long-term planning for investments or shareholder returns.

High Absolute Debt LevelAlthough leverage ratios improved, the company’s absolute debt level is still meaningful. Elevated debt raises fixed obligations and refinancing risk, narrowing operational flexibility if growth slows or margins compress. High absolute debt could constrain strategic options during downturns or aggressive expansion phases.

Money Forward News

Money Forward initiated with a Sell at Goldman Sachs

Goldman Sachs initiated coverage of Money Forward (MNYFF) with a Sell rating and 3,500 yen price target The...

26d ago

Money Forward Swings to Profit as SaaS ARR Jumps 34% in First Half

Money Forward ( ($JP:3994) ) has provided an announcement. Money Forward reported strong consolidated results for the six...

14d ago

Money Forward Raises Full-Year Forecasts on Strong Fintech and Investment Gains

Money Forward ( ($JP:3994) ) has shared an update. Money Forward has revised upward its consolidated financial forecasts...

14d ago

47D Upcoming Earnings Report: What to Expect?

Money Forward, Inc. (47D) is scheduled to report 2nd quarter earnings on 07/13/2026. Regarding Q2 estimates, Wall Street...

16d ago

ValueAct Becomes Largest Shareholder in Japan’s Money Forward

Money Forward ( ($JP:3994) ) has issued an update. Money Forward, Inc., a Japanese fintech firm listed on...

21d ago

Analyst Maintains Sell on Money Forward as Valuation Looks Stretched Despite Strong Growth Outlook; DCF-Based ¥3,500 Target Implies 18% Downside

Chikai Tanaka, an analyst from Goldman Sachs, has initiated a new Sell rating on Money Forward (47D). Chikai...

27d ago

Money Forward Subsidiary Funds Realize Gain on Sale of Unlisted Investment

Money Forward ( ($JP:3994) ) has shared an update. Money Forward said its subsidiary investment vehicles HIRAC FUND...

1M ago

Money Forward Launches Shareholder Perks Tied to Fintech Services and Money Expo

Money Forward ( ($JP:3994) ) has provided an announcement. Money Forward has approved the introduction of a new...

3M ago

Money Forward Lifts SaaS ARR Forecast After Expanding Fintech Scope

Money Forward ( ($JP:3994) ) just unveiled an update. Money Forward has revised its full-year consolidated financial forecasts...

3M ago

Money Forward Outlines FY2026 1Q Results and Medium-Term Targets

An announcement from Money Forward ( ($JP:3994) ) is now available. Money Forward released an outline of its...

3M ago

3994 FAQ

What was Money Forward, Inc.’s price range in the past 12 months?

Money Forward, Inc. lowest stock price was ¥2750.50 and its highest was ¥6794.00 in the past 12 months.

What is Money Forward, Inc.’s market cap?

Money Forward, Inc.’s market cap is ¥299.99B.

When is Money Forward, Inc.’s upcoming earnings report date?

Money Forward, Inc.’s upcoming earnings report date is Oct 15, 2026 which is in 80 days.

How were Money Forward, Inc.’s earnings last quarter?

Money Forward, Inc. released its earnings results on Jul 13, 2026. The company reported -¥23.06 earnings per share for the quarter, missing the consensus estimate of -¥6.605 by -¥16.455.

Is Money Forward, Inc. overvalued?

According to Wall Street analysts Money Forward, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Money Forward, Inc. pay dividends?

Money Forward, Inc. does not currently pay dividends.

What is Money Forward, Inc.’s EPS estimate?

Money Forward, Inc.’s EPS estimate is 3.79.

How many shares outstanding does Money Forward, Inc. have?

Money Forward, Inc. has 55,701,813 shares outstanding.

What happened to Money Forward, Inc.’s price movement after its last earnings report?

Money Forward, Inc. reported an EPS of -¥23.06 in its last earnings report, missing expectations of -¥6.605. Following the earnings report the stock price went up 2.756%.

Which hedge fund is a major shareholder of Money Forward, Inc.?

Currently, no hedge funds are holding shares in JP:3994

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

Money Forward, Inc.

Money Forward, Inc. provides financial solutions for individuals, financial institutions, and corporations primarily in Japan. The company offers personal financial management services under the Money Forward ME, MONEY PLUS, Money Forward Personal Financial Consulting, and Money Forward Fixed Cost Review names; Money Forward Cloud, a software-as-a-service (SaaS) application for promoting back office operations; and accounting and tax solutions under the Money Forward Cloud Accounting, Money Forward Cloud Accounting Plus, Money Forward Cloud Tax Return, Money Forward Cloud Invoice Issuing, Money Forward Cloud Invoice Issuing Plus, Money Forward Cloud Receivables Management, Money Forward Cloud Expense, Money Forward Cloud Accounts Payable, Money Forward Cloud Invoice System, Money Forward Cloud Fixed Assets, Money Forward Cloud Project Cost, Money Forward Cloud Consolidated Association, and Money Forward Cloud Box names. It also provides human resource solutions under the Money Forward Cloud HR Database, MoneyForward Cloud Attendance, Money Forward Cloud Payroll, Money Forward Cloud Tax Adjustment, MoneyForward Cloud Social Insurance, and Money Forward Cloud My Number names; and SaaS marketing platform solutions under the BOXIL SaaS, BOXIL EXPO, BALES, BALES CLOUD, BOXIL, BizHint, and ADXL names; and financial services under the Money Forward Kessai, Money Forward Transaction Finance, Money Forward Invoice Card Pay, Money Forward Early Payment, SHIKIN+, SEIKYU+, Biz Forward Invoice Card Pay, and HIRAC FUND names. In addition, the company offers Money Forward Fintech Platform for collecting the asset data and transaction data, storing the data, and analyzing the data for customer insights; consulting services; and other solutions. The company was formerly known as Moneybook Co. and changed its name to Money Forward, Inc. in December 2012. Money Forward, Inc. was incorporated in 2012 and is headquartered in Tokyo, Japan.

Money Forward (3994) Earnings & Revenues

Historic Earnings Reports

3994 Stock 12 Month Forecast

Average Price Target

¥3,500.00

▼(-30.00% Downside)

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Detailed Analyst Forecast >