View ValuationBaycurrent 将来の成長Future 基準チェック /66Baycurrent利益と収益がそれぞれ年間21.8%と20.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に43.6% 19.3%なると予測されています。主要情報21.8%収益成長率19.34%EPS成長率Professional Services 収益成長12.7%収益成長率20.2%将来の株主資本利益率43.60%アナリストカバレッジGood最終更新日06 Jun 2026今後の成長に関する最新情報Price Target Changed • Mar 11Price target decreased by 8.5% to JP¥8,056Down from JP¥8,800, the current price target is an average from 9 analysts. New target price is 76% above last closing price of JP¥4,578. Stock is down 25% over the past year. The company is forecast to post earnings per share of JP¥247 for next year compared to JP¥202 last year.Price Target Changed • May 27Price target increased by 12% to JP¥8,740Up from JP¥7,770, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥8,449. Stock is up 154% over the past year. The company is forecast to post earnings per share of JP¥251 for next year compared to JP¥202 last year.Price Target Changed • Nov 06Price target increased by 7.5% to JP¥6,770Up from JP¥6,300, the current price target is an average from 5 analysts. New target price is 34% above last closing price of JP¥5,043. Stock is up 17% over the past year. The company is forecast to post earnings per share of JP¥203 for next year compared to JP¥161 last year.Price Target Changed • Sep 10Price target increased by 9.6% to JP¥6,300Up from JP¥5,750, the current price target is an average from 6 analysts. New target price is 30% above last closing price of JP¥4,830. Stock is down 5.1% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥161 last year.Price Target Changed • Mar 09Price target increased by 8.0% to JP¥5,613Up from JP¥5,199, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,800. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥95.69 last year.Price Target Changed • Jan 24Price target increased by 7.2% to JP¥5,541Up from JP¥5,170, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,710. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥95.69 last year.すべての更新を表示Recent updatesDeclared Dividend • Jun 12Final dividend increased to JP¥65.00Dividend of JP¥65.00 is 30% higher than last year. Ex-date: 28th August 2026 Payment date: 30th November 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 49% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 30Baycurrent, Inc. to Report Q1, 2027 Results on Jul 15, 2026Baycurrent, Inc. announced that they will report Q1, 2027 results at 3:00 PM, Tokyo Standard Time on Jul 15, 2026Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥5,780, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Professional Services industry in Japan. Total returns to shareholders of 21% over the past three years.Reported Earnings • Apr 15Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥249 (up from JP¥202 in FY 2025). Revenue: JP¥148.3b (up 28% from FY 2025). Net income: JP¥37.8b (up 23% from FY 2025). Profit margin: 26% (down from 27% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Professional Services industry in Japan.お知らせ • Apr 14Baycurrent, Inc., Annual General Meeting, May 27, 2026Baycurrent, Inc., Annual General Meeting, May 27, 2026.お知らせ • Apr 07Baycurrent, Inc. to Report Fiscal Year 2026 Results on Apr 14, 2026Baycurrent, Inc. announced that they will report fiscal year 2026 results on Apr 14, 2026Price Target Changed • Mar 11Price target decreased by 8.5% to JP¥8,056Down from JP¥8,800, the current price target is an average from 9 analysts. New target price is 76% above last closing price of JP¥4,578. Stock is down 25% over the past year. The company is forecast to post earnings per share of JP¥247 for next year compared to JP¥202 last year.New Risk • Feb 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Upcoming Dividend • Feb 19Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).分析記事 • Feb 15Returns on Capital Paint A Bright Future For Baycurrent (TSE:6532)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥5,084, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Professional Services industry in Japan. Total loss to shareholders of 4.3% over the past three years.分析記事 • Jan 13Is Baycurrent, Inc. (TSE:6532) Potentially Undervalued?Baycurrent, Inc. ( TSE:6532 ), is not the largest company out there, but it received a lot of attention from a...分析記事 • Dec 14Baycurrent (TSE:6532) Is Due To Pay A Dividend Of ¥50.00Baycurrent, Inc. ( TSE:6532 ) has announced that it will pay a dividend of ¥50.00 per share on the 28th of May. This...分析記事 • Nov 30Baycurrent (TSE:6532) Is Due To Pay A Dividend Of ¥50.00Baycurrent, Inc. ( TSE:6532 ) has announced that it will pay a dividend of ¥50.00 per share on the 28th of May. This...Declared Dividend • Nov 29First half dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 26th February 2026 Payment date: 28th May 2026 Dividend yield will be 1.5%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 42% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 22Baycurrent, Inc. to Report Q3, 2026 Results on Jan 14, 2026Baycurrent, Inc. announced that they will report Q3, 2026 results on Jan 14, 2026分析記事 • Nov 10We Like Baycurrent's (TSE:6532) Returns And Here's How They're TrendingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Buy Or Sell Opportunity • Oct 16Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.8% to JP¥7,648. The fair value is estimated to be JP¥10,192, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 26%. Revenue is forecast to grow by 51% in 2 years. Earnings are forecast to grow by 51% in the next 2 years.分析記事 • Sep 08Why Baycurrent, Inc. (TSE:6532) Could Be Worth WatchingWhile Baycurrent, Inc. ( TSE:6532 ) might not have the largest market cap around , it saw a decent share price growth...Buy Or Sell Opportunity • Sep 08Now 20% undervaluedOver the last 90 days, the stock has risen 8.6% to JP¥8,276. The fair value is estimated to be JP¥10,346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 26%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 50% in the next 2 years.分析記事 • Aug 24Baycurrent (TSE:6532) Is Increasing Its Dividend To ¥50.00Baycurrent, Inc. ( TSE:6532 ) has announced that it will be increasing its dividend from last year's comparable payment...お知らせ • Aug 23Baycurrent, Inc. to Report Q2, 2026 Results on Oct 15, 2025Baycurrent, Inc. announced that they will report Q2, 2026 results on Oct 15, 2025Buy Or Sell Opportunity • Aug 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.2% to JP¥8,284. The fair value is estimated to be JP¥10,361, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 26%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 50% in the next 2 years.Upcoming Dividend • Aug 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.1%).Buy Or Sell Opportunity • Jul 29Now 20% undervaluedOver the last 90 days, the stock has risen 8.3% to JP¥8,330. The fair value is estimated to be JP¥10,468, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.分析記事 • Jul 16Baycurrent (TSE:6532) Is Increasing Its Dividend To ¥50.00Baycurrent, Inc. ( TSE:6532 ) will increase its dividend from last year's comparable payment on the 1st of December to...Reported Earnings • Jul 16First quarter 2026 earnings released: EPS: JP¥59.32 (vs JP¥43.90 in 1Q 2025)First quarter 2026 results: EPS: JP¥59.32 (up from JP¥43.90 in 1Q 2025). Revenue: JP¥34.3b (up 27% from 1Q 2025). Net income: JP¥9.02b (up 35% from 1Q 2025). Profit margin: 26% (up from 25% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Japan.Declared Dividend • Jun 18Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 28th August 2025 Payment date: 1st December 2025 Dividend yield will be 1.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 53% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jun 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Chairman Yoshiyuki Abe was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • May 30Now 22% undervaluedOver the last 90 days, the stock has risen 21% to JP¥7,706. The fair value is estimated to be JP¥9,824, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.お知らせ • May 27Baycurrent, Inc. to Report Q1, 2026 Results on Jul 15, 2025Baycurrent, Inc. announced that they will report Q1, 2026 results on Jul 15, 2025Price Target Changed • May 27Price target increased by 12% to JP¥8,740Up from JP¥7,770, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥8,449. Stock is up 154% over the past year. The company is forecast to post earnings per share of JP¥251 for next year compared to JP¥202 last year.Reported Earnings • Apr 11Full year 2025 earnings released: EPS: JP¥202 (vs JP¥161 in FY 2024)Full year 2025 results: EPS: JP¥202 (up from JP¥161 in FY 2024). Revenue: JP¥116.1b (up 24% from FY 2024). Net income: JP¥30.8b (up 25% from FY 2024). Profit margin: 27% (in line with FY 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 25% per year.お知らせ • Apr 11Baycurrent, Inc. (TSE:6532) announces an Equity Buyback for 470,000 shares, representing 0.31% for ¥3,000 million.BayCurrent Consulting, Inc. (TSE:6532) announces a share repurchase program. Under the program, the company will repurchase up to 470,000 shares, representing 0.31% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to improve capital efficiency in addition to enhancing return of profit to shareholders by increasing shareholder value per share. The program will continue through May 23, 2025. As of March 31, 2025, the company had 152,058,321 issued shares (excluding treasury stock) and 3,353,089 treasury shares.お知らせ • Apr 10+ 2 more updatesBaycurrent, Inc., Annual General Meeting, May 27, 2025Baycurrent, Inc., Annual General Meeting, May 27, 2025.お知らせ • Feb 21Baycurrent, Inc. to Report Fiscal Year 2025 Results on Apr 10, 2025Baycurrent, Inc. announced that they will report fiscal year 2025 results on Apr 10, 2025Upcoming Dividend • Feb 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 29 May 2025. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (0.9%).Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥5,960, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Professional Services industry in Japan. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,697 per share.Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥53.51 (vs JP¥41.38 in 3Q 2024)Third quarter 2025 results: EPS: JP¥53.51 (up from JP¥41.38 in 3Q 2024). Revenue: JP¥29.4b (up 23% from 3Q 2024). Net income: JP¥8.14b (up 29% from 3Q 2024). Profit margin: 28% (up from 26% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 12BayCurrent Consulting, Inc. to Report Q3, 2025 Results on Jan 14, 2025BayCurrent Consulting, Inc. announced that they will report Q3, 2025 results on Jan 14, 2025Price Target Changed • Nov 06Price target increased by 7.5% to JP¥6,770Up from JP¥6,300, the current price target is an average from 5 analysts. New target price is 34% above last closing price of JP¥5,043. Stock is up 17% over the past year. The company is forecast to post earnings per share of JP¥203 for next year compared to JP¥161 last year.Price Target Changed • Sep 10Price target increased by 9.6% to JP¥6,300Up from JP¥5,750, the current price target is an average from 6 analysts. New target price is 30% above last closing price of JP¥4,830. Stock is down 5.1% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥161 last year.お知らせ • Aug 26BayCurrent Consulting, Inc. to Report Q2, 2025 Results on Oct 11, 2024BayCurrent Consulting, Inc. announced that they will report Q2, 2025 results on Oct 11, 2024Upcoming Dividend • Aug 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 02 December 2024. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥3,846, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Professional Services industry in Japan. Total loss to shareholders of 11% over the past three years.Reported Earnings • Jul 15First quarter 2025 earnings released: EPS: JP¥45.70 (vs JP¥36.01 in 1Q 2024)First quarter 2025 results: EPS: JP¥45.70 (up from JP¥36.01 in 1Q 2024). Revenue: JP¥27.3b (up 26% from 1Q 2024). Net income: JP¥6.97b (up 27% from 1Q 2024). Profit margin: 26% (in line with 1Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Jul 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). High level of non-cash earnings (25% accrual ratio).Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,323, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Professional Services industry in Japan. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,596 per share.Reported Earnings • Jun 01Full year 2024 earnings released: EPS: JP¥161 (vs JP¥137 in FY 2023)Full year 2024 results: EPS: JP¥161 (up from JP¥137 in FY 2023). Revenue: JP¥93.9b (up 23% from FY 2023). Net income: JP¥24.6b (up 17% from FY 2023). Profit margin: 26% (down from 28% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • May 16BayCurrent Consulting, Inc. to Report Q1, 2025 Results on Jul 12, 2024BayCurrent Consulting, Inc. announced that they will report Q1, 2025 results on Jul 12, 2024Reported Earnings • Apr 14Full year 2024 earnings released: EPS: JP¥166 (vs JP¥137 in FY 2023)Full year 2024 results: EPS: JP¥166 (up from JP¥137 in FY 2023). Revenue: JP¥93.9b (up 23% from FY 2023). Net income: JP¥25.4b (up 21% from FY 2023). Profit margin: 27% (in line with FY 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Apr 14BayCurrent Consulting, Inc., Annual General Meeting, May 28, 2024BayCurrent Consulting, Inc., Annual General Meeting, May 28, 2024.お知らせ • Apr 12BayCurrent Consulting, Inc. (TSE:6532) announces an Equity Buyback for 1,200,000 shares, representing 0.79% for ¥3,600 million.BayCurrent Consulting, Inc. (TSE:6532) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 0.79% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,600 million. The purpose of the program is to improve capital efficiency, increase shareholder value per share, and enhance the return of profits to shareholders. The program will continue through May 24, 2024. As of March 31, 2024, the company had 152,783,446 issued shares (excluding treasury stock) and 2,627,964 treasury shares.Upcoming Dividend • Feb 21Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 29 May 2024. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.2%).お知らせ • Feb 17BayCurrent Consulting, Inc. to Report Fiscal Year 2024 Results on Apr 12, 2024BayCurrent Consulting, Inc. announced that they will report fiscal year 2024 results on Apr 12, 2024Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥3,513, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Professional Services industry in Japan. Total returns to shareholders of 89% over the past three years.New Risk • Jan 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Reported Earnings • Jan 14Third quarter 2024 earnings released: EPS: JP¥43.43 (vs JP¥38.41 in 3Q 2023)Third quarter 2024 results: EPS: JP¥43.43 (up from JP¥38.41 in 3Q 2023). Revenue: JP¥24.0b (up 20% from 3Q 2023). Net income: JP¥6.64b (up 13% from 3Q 2023). Profit margin: 28% (down from 30% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 37% per year.お知らせ • Nov 19BayCurrent Consulting, Inc. to Report Q3, 2024 Results on Jan 12, 2024BayCurrent Consulting, Inc. announced that they will report Q3, 2024 results on Jan 12, 2024Valuation Update With 7 Day Price Move • Oct 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥3,969, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Professional Services industry in Japan. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,175 per share.Reported Earnings • Oct 15Second quarter 2024 earnings released: EPS: JP¥36.83 (vs JP¥27.70 in 2Q 2023)Second quarter 2024 results: EPS: JP¥36.83 (up from JP¥27.70 in 2Q 2023). Revenue: JP¥22.0b (up 26% from 2Q 2023). Net income: JP¥5.63b (up 33% from 2Q 2023). Profit margin: 26% (up from 24% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 40% per year.Upcoming Dividend • Aug 23Upcoming dividend of JP¥18.00 per share at 0.8% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 30 November 2023. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.3%).お知らせ • Aug 10BayCurrent Consulting, Inc. to Report Q2, 2024 Results on Oct 13, 2023BayCurrent Consulting, Inc. announced that they will report Q2, 2024 results on Oct 13, 2023Buying Opportunity • Jul 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.1%. The fair value is estimated to be JP¥5,940, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.Reported Earnings • Jul 16First quarter 2024 earnings released: EPS: JP¥38.05 (vs JP¥28.06 in 1Q 2023)First quarter 2024 results: EPS: JP¥38.05 (up from JP¥28.06 in 1Q 2023). Revenue: JP¥21.7b (up 24% from 1Q 2023). Net income: JP¥5.83b (up 35% from 1Q 2023). Profit margin: 27% (up from 25% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jun 02Full year 2023 earnings released: EPS: JP¥137 (vs JP¥95.69 in FY 2022)Full year 2023 results: EPS: JP¥137 (up from JP¥95.69 in FY 2022). Revenue: JP¥76.1b (up 32% from FY 2022). Net income: JP¥21.0b (up 43% from FY 2022). Profit margin: 28% (up from 26% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 19BayCurrent Consulting, Inc. to Report Q1, 2024 Results on Jul 14, 2023BayCurrent Consulting, Inc. announced that they will report Q1, 2024 results on Jul 14, 2023Reported Earnings • Apr 16Full year 2023 earnings released: EPS: JP¥143 (vs JP¥95.69 in FY 2022)Full year 2023 results: EPS: JP¥143 (up from JP¥95.69 in FY 2022). Revenue: JP¥76.1b (up 32% from FY 2022). Net income: JP¥21.9b (up 49% from FY 2022). Profit margin: 29% (up from 26% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Apr 04Now 20% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be JP¥6,588, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.Buying Opportunity • Mar 20Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥6,603, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.Price Target Changed • Mar 09Price target increased by 8.0% to JP¥5,613Up from JP¥5,199, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,800. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥95.69 last year.Buying Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be JP¥6,801, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.Upcoming Dividend • Feb 20Upcoming dividend of JP¥16.00 per share at 0.5% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 May 2023. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.2%).お知らせ • Feb 03BayCurrent Consulting, Inc. to Report Fiscal Year 2023 Results on Apr 14, 2023BayCurrent Consulting, Inc. announced that they will report fiscal year 2023 results on Apr 14, 2023Price Target Changed • Jan 24Price target increased by 7.2% to JP¥5,541Up from JP¥5,170, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,710. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥95.69 last year.Buying Opportunity • Jan 20Now 20% undervaluedOver the last 90 days, the stock is up 49%. The fair value is estimated to be JP¥6,945, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.Price Target Changed • Jan 18Price target increased to JP¥5,513Up from JP¥5,065, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,470. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥95.69 last year.Reported Earnings • Jan 14Third quarter 2023 earnings released: EPS: JP¥40.51 (vs JP¥27.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥40.51 (up from JP¥27.16 in 3Q 2022). Revenue: JP¥19.9b (up 33% from 3Q 2022). Net income: JP¥6.21b (up 49% from 3Q 2022). Profit margin: 31% (up from 28% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.業績と収益の成長予測TSE:6532 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数2/28/2029285,60078,17974,13170,80032/29/2028222,86557,61256,15954,88892/28/2027181,76446,32753,39453,92092/28/2026148,33237,84034,97137,616N/A11/30/2025138,46735,60334,37234,774N/A8/31/2025130,42434,62134,89535,268N/A5/31/2025123,06632,80332,40033,032N/A2/28/2025116,05630,76031,78232,648N/A8/31/2024104,27727,47626,04730,311N/A5/31/202499,34326,71826,78830,770N/A2/29/202493,90925,38220,71624,348N/A2/29/202032,9785,912N/AN/AN/A2/28/201924,2943,103N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6532の予測収益成長率 (年間21.8% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 6532の収益 ( 21.8% ) はJP市場 ( 9.3% ) よりも速いペースで成長すると予測されています。高成長収益: 6532の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 6532の収益 ( 20.2% ) JP市場 ( 6% ) よりも速いペースで成長すると予測されています。高い収益成長: 6532の収益 ( 20.2% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6532の 自己資本利益率 は、3年後には非常に高くなると予測されています ( 43.6 %)。成長企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/15 16:03終値2026/06/15 00:00収益2026/02/28年間収益2026/02/28データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Baycurrent, Inc. 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Hiromu YabukiBofA Global ResearchMoriya KoketsuCitigroup IncJun KatoCLSA15 その他のアナリストを表示
Price Target Changed • Mar 11Price target decreased by 8.5% to JP¥8,056Down from JP¥8,800, the current price target is an average from 9 analysts. New target price is 76% above last closing price of JP¥4,578. Stock is down 25% over the past year. The company is forecast to post earnings per share of JP¥247 for next year compared to JP¥202 last year.
Price Target Changed • May 27Price target increased by 12% to JP¥8,740Up from JP¥7,770, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥8,449. Stock is up 154% over the past year. The company is forecast to post earnings per share of JP¥251 for next year compared to JP¥202 last year.
Price Target Changed • Nov 06Price target increased by 7.5% to JP¥6,770Up from JP¥6,300, the current price target is an average from 5 analysts. New target price is 34% above last closing price of JP¥5,043. Stock is up 17% over the past year. The company is forecast to post earnings per share of JP¥203 for next year compared to JP¥161 last year.
Price Target Changed • Sep 10Price target increased by 9.6% to JP¥6,300Up from JP¥5,750, the current price target is an average from 6 analysts. New target price is 30% above last closing price of JP¥4,830. Stock is down 5.1% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥161 last year.
Price Target Changed • Mar 09Price target increased by 8.0% to JP¥5,613Up from JP¥5,199, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,800. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥95.69 last year.
Price Target Changed • Jan 24Price target increased by 7.2% to JP¥5,541Up from JP¥5,170, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,710. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥95.69 last year.
Declared Dividend • Jun 12Final dividend increased to JP¥65.00Dividend of JP¥65.00 is 30% higher than last year. Ex-date: 28th August 2026 Payment date: 30th November 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 49% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 30Baycurrent, Inc. to Report Q1, 2027 Results on Jul 15, 2026Baycurrent, Inc. announced that they will report Q1, 2027 results at 3:00 PM, Tokyo Standard Time on Jul 15, 2026
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥5,780, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Professional Services industry in Japan. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Apr 15Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥249 (up from JP¥202 in FY 2025). Revenue: JP¥148.3b (up 28% from FY 2025). Net income: JP¥37.8b (up 23% from FY 2025). Profit margin: 26% (down from 27% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Professional Services industry in Japan.
お知らせ • Apr 14Baycurrent, Inc., Annual General Meeting, May 27, 2026Baycurrent, Inc., Annual General Meeting, May 27, 2026.
お知らせ • Apr 07Baycurrent, Inc. to Report Fiscal Year 2026 Results on Apr 14, 2026Baycurrent, Inc. announced that they will report fiscal year 2026 results on Apr 14, 2026
Price Target Changed • Mar 11Price target decreased by 8.5% to JP¥8,056Down from JP¥8,800, the current price target is an average from 9 analysts. New target price is 76% above last closing price of JP¥4,578. Stock is down 25% over the past year. The company is forecast to post earnings per share of JP¥247 for next year compared to JP¥202 last year.
New Risk • Feb 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Feb 19Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
分析記事 • Feb 15Returns on Capital Paint A Bright Future For Baycurrent (TSE:6532)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥5,084, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Professional Services industry in Japan. Total loss to shareholders of 4.3% over the past three years.
分析記事 • Jan 13Is Baycurrent, Inc. (TSE:6532) Potentially Undervalued?Baycurrent, Inc. ( TSE:6532 ), is not the largest company out there, but it received a lot of attention from a...
分析記事 • Dec 14Baycurrent (TSE:6532) Is Due To Pay A Dividend Of ¥50.00Baycurrent, Inc. ( TSE:6532 ) has announced that it will pay a dividend of ¥50.00 per share on the 28th of May. This...
分析記事 • Nov 30Baycurrent (TSE:6532) Is Due To Pay A Dividend Of ¥50.00Baycurrent, Inc. ( TSE:6532 ) has announced that it will pay a dividend of ¥50.00 per share on the 28th of May. This...
Declared Dividend • Nov 29First half dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 26th February 2026 Payment date: 28th May 2026 Dividend yield will be 1.5%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 42% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 22Baycurrent, Inc. to Report Q3, 2026 Results on Jan 14, 2026Baycurrent, Inc. announced that they will report Q3, 2026 results on Jan 14, 2026
分析記事 • Nov 10We Like Baycurrent's (TSE:6532) Returns And Here's How They're TrendingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buy Or Sell Opportunity • Oct 16Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.8% to JP¥7,648. The fair value is estimated to be JP¥10,192, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 26%. Revenue is forecast to grow by 51% in 2 years. Earnings are forecast to grow by 51% in the next 2 years.
分析記事 • Sep 08Why Baycurrent, Inc. (TSE:6532) Could Be Worth WatchingWhile Baycurrent, Inc. ( TSE:6532 ) might not have the largest market cap around , it saw a decent share price growth...
Buy Or Sell Opportunity • Sep 08Now 20% undervaluedOver the last 90 days, the stock has risen 8.6% to JP¥8,276. The fair value is estimated to be JP¥10,346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 26%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 50% in the next 2 years.
分析記事 • Aug 24Baycurrent (TSE:6532) Is Increasing Its Dividend To ¥50.00Baycurrent, Inc. ( TSE:6532 ) has announced that it will be increasing its dividend from last year's comparable payment...
お知らせ • Aug 23Baycurrent, Inc. to Report Q2, 2026 Results on Oct 15, 2025Baycurrent, Inc. announced that they will report Q2, 2026 results on Oct 15, 2025
Buy Or Sell Opportunity • Aug 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.2% to JP¥8,284. The fair value is estimated to be JP¥10,361, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 26%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 50% in the next 2 years.
Upcoming Dividend • Aug 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.1%).
Buy Or Sell Opportunity • Jul 29Now 20% undervaluedOver the last 90 days, the stock has risen 8.3% to JP¥8,330. The fair value is estimated to be JP¥10,468, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
分析記事 • Jul 16Baycurrent (TSE:6532) Is Increasing Its Dividend To ¥50.00Baycurrent, Inc. ( TSE:6532 ) will increase its dividend from last year's comparable payment on the 1st of December to...
Reported Earnings • Jul 16First quarter 2026 earnings released: EPS: JP¥59.32 (vs JP¥43.90 in 1Q 2025)First quarter 2026 results: EPS: JP¥59.32 (up from JP¥43.90 in 1Q 2025). Revenue: JP¥34.3b (up 27% from 1Q 2025). Net income: JP¥9.02b (up 35% from 1Q 2025). Profit margin: 26% (up from 25% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Japan.
Declared Dividend • Jun 18Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 28th August 2025 Payment date: 1st December 2025 Dividend yield will be 1.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 53% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jun 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Chairman Yoshiyuki Abe was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • May 30Now 22% undervaluedOver the last 90 days, the stock has risen 21% to JP¥7,706. The fair value is estimated to be JP¥9,824, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
お知らせ • May 27Baycurrent, Inc. to Report Q1, 2026 Results on Jul 15, 2025Baycurrent, Inc. announced that they will report Q1, 2026 results on Jul 15, 2025
Price Target Changed • May 27Price target increased by 12% to JP¥8,740Up from JP¥7,770, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥8,449. Stock is up 154% over the past year. The company is forecast to post earnings per share of JP¥251 for next year compared to JP¥202 last year.
Reported Earnings • Apr 11Full year 2025 earnings released: EPS: JP¥202 (vs JP¥161 in FY 2024)Full year 2025 results: EPS: JP¥202 (up from JP¥161 in FY 2024). Revenue: JP¥116.1b (up 24% from FY 2024). Net income: JP¥30.8b (up 25% from FY 2024). Profit margin: 27% (in line with FY 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 25% per year.
お知らせ • Apr 11Baycurrent, Inc. (TSE:6532) announces an Equity Buyback for 470,000 shares, representing 0.31% for ¥3,000 million.BayCurrent Consulting, Inc. (TSE:6532) announces a share repurchase program. Under the program, the company will repurchase up to 470,000 shares, representing 0.31% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to improve capital efficiency in addition to enhancing return of profit to shareholders by increasing shareholder value per share. The program will continue through May 23, 2025. As of March 31, 2025, the company had 152,058,321 issued shares (excluding treasury stock) and 3,353,089 treasury shares.
お知らせ • Apr 10+ 2 more updatesBaycurrent, Inc., Annual General Meeting, May 27, 2025Baycurrent, Inc., Annual General Meeting, May 27, 2025.
お知らせ • Feb 21Baycurrent, Inc. to Report Fiscal Year 2025 Results on Apr 10, 2025Baycurrent, Inc. announced that they will report fiscal year 2025 results on Apr 10, 2025
Upcoming Dividend • Feb 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 29 May 2025. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (0.9%).
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥5,960, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Professional Services industry in Japan. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,697 per share.
Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥53.51 (vs JP¥41.38 in 3Q 2024)Third quarter 2025 results: EPS: JP¥53.51 (up from JP¥41.38 in 3Q 2024). Revenue: JP¥29.4b (up 23% from 3Q 2024). Net income: JP¥8.14b (up 29% from 3Q 2024). Profit margin: 28% (up from 26% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 12BayCurrent Consulting, Inc. to Report Q3, 2025 Results on Jan 14, 2025BayCurrent Consulting, Inc. announced that they will report Q3, 2025 results on Jan 14, 2025
Price Target Changed • Nov 06Price target increased by 7.5% to JP¥6,770Up from JP¥6,300, the current price target is an average from 5 analysts. New target price is 34% above last closing price of JP¥5,043. Stock is up 17% over the past year. The company is forecast to post earnings per share of JP¥203 for next year compared to JP¥161 last year.
Price Target Changed • Sep 10Price target increased by 9.6% to JP¥6,300Up from JP¥5,750, the current price target is an average from 6 analysts. New target price is 30% above last closing price of JP¥4,830. Stock is down 5.1% over the past year. The company is forecast to post earnings per share of JP¥202 for next year compared to JP¥161 last year.
お知らせ • Aug 26BayCurrent Consulting, Inc. to Report Q2, 2025 Results on Oct 11, 2024BayCurrent Consulting, Inc. announced that they will report Q2, 2025 results on Oct 11, 2024
Upcoming Dividend • Aug 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 02 December 2024. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥3,846, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Professional Services industry in Japan. Total loss to shareholders of 11% over the past three years.
Reported Earnings • Jul 15First quarter 2025 earnings released: EPS: JP¥45.70 (vs JP¥36.01 in 1Q 2024)First quarter 2025 results: EPS: JP¥45.70 (up from JP¥36.01 in 1Q 2024). Revenue: JP¥27.3b (up 26% from 1Q 2024). Net income: JP¥6.97b (up 27% from 1Q 2024). Profit margin: 26% (in line with 1Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). High level of non-cash earnings (25% accrual ratio).
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,323, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Professional Services industry in Japan. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,596 per share.
Reported Earnings • Jun 01Full year 2024 earnings released: EPS: JP¥161 (vs JP¥137 in FY 2023)Full year 2024 results: EPS: JP¥161 (up from JP¥137 in FY 2023). Revenue: JP¥93.9b (up 23% from FY 2023). Net income: JP¥24.6b (up 17% from FY 2023). Profit margin: 26% (down from 28% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • May 16BayCurrent Consulting, Inc. to Report Q1, 2025 Results on Jul 12, 2024BayCurrent Consulting, Inc. announced that they will report Q1, 2025 results on Jul 12, 2024
Reported Earnings • Apr 14Full year 2024 earnings released: EPS: JP¥166 (vs JP¥137 in FY 2023)Full year 2024 results: EPS: JP¥166 (up from JP¥137 in FY 2023). Revenue: JP¥93.9b (up 23% from FY 2023). Net income: JP¥25.4b (up 21% from FY 2023). Profit margin: 27% (in line with FY 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Apr 14BayCurrent Consulting, Inc., Annual General Meeting, May 28, 2024BayCurrent Consulting, Inc., Annual General Meeting, May 28, 2024.
お知らせ • Apr 12BayCurrent Consulting, Inc. (TSE:6532) announces an Equity Buyback for 1,200,000 shares, representing 0.79% for ¥3,600 million.BayCurrent Consulting, Inc. (TSE:6532) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 0.79% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,600 million. The purpose of the program is to improve capital efficiency, increase shareholder value per share, and enhance the return of profits to shareholders. The program will continue through May 24, 2024. As of March 31, 2024, the company had 152,783,446 issued shares (excluding treasury stock) and 2,627,964 treasury shares.
Upcoming Dividend • Feb 21Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 29 May 2024. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.2%).
お知らせ • Feb 17BayCurrent Consulting, Inc. to Report Fiscal Year 2024 Results on Apr 12, 2024BayCurrent Consulting, Inc. announced that they will report fiscal year 2024 results on Apr 12, 2024
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥3,513, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Professional Services industry in Japan. Total returns to shareholders of 89% over the past three years.
New Risk • Jan 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Reported Earnings • Jan 14Third quarter 2024 earnings released: EPS: JP¥43.43 (vs JP¥38.41 in 3Q 2023)Third quarter 2024 results: EPS: JP¥43.43 (up from JP¥38.41 in 3Q 2023). Revenue: JP¥24.0b (up 20% from 3Q 2023). Net income: JP¥6.64b (up 13% from 3Q 2023). Profit margin: 28% (down from 30% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 37% per year.
お知らせ • Nov 19BayCurrent Consulting, Inc. to Report Q3, 2024 Results on Jan 12, 2024BayCurrent Consulting, Inc. announced that they will report Q3, 2024 results on Jan 12, 2024
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥3,969, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Professional Services industry in Japan. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,175 per share.
Reported Earnings • Oct 15Second quarter 2024 earnings released: EPS: JP¥36.83 (vs JP¥27.70 in 2Q 2023)Second quarter 2024 results: EPS: JP¥36.83 (up from JP¥27.70 in 2Q 2023). Revenue: JP¥22.0b (up 26% from 2Q 2023). Net income: JP¥5.63b (up 33% from 2Q 2023). Profit margin: 26% (up from 24% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 40% per year.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥18.00 per share at 0.8% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 30 November 2023. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.3%).
お知らせ • Aug 10BayCurrent Consulting, Inc. to Report Q2, 2024 Results on Oct 13, 2023BayCurrent Consulting, Inc. announced that they will report Q2, 2024 results on Oct 13, 2023
Buying Opportunity • Jul 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.1%. The fair value is estimated to be JP¥5,940, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.
Reported Earnings • Jul 16First quarter 2024 earnings released: EPS: JP¥38.05 (vs JP¥28.06 in 1Q 2023)First quarter 2024 results: EPS: JP¥38.05 (up from JP¥28.06 in 1Q 2023). Revenue: JP¥21.7b (up 24% from 1Q 2023). Net income: JP¥5.83b (up 35% from 1Q 2023). Profit margin: 27% (up from 25% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jun 02Full year 2023 earnings released: EPS: JP¥137 (vs JP¥95.69 in FY 2022)Full year 2023 results: EPS: JP¥137 (up from JP¥95.69 in FY 2022). Revenue: JP¥76.1b (up 32% from FY 2022). Net income: JP¥21.0b (up 43% from FY 2022). Profit margin: 28% (up from 26% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 19BayCurrent Consulting, Inc. to Report Q1, 2024 Results on Jul 14, 2023BayCurrent Consulting, Inc. announced that they will report Q1, 2024 results on Jul 14, 2023
Reported Earnings • Apr 16Full year 2023 earnings released: EPS: JP¥143 (vs JP¥95.69 in FY 2022)Full year 2023 results: EPS: JP¥143 (up from JP¥95.69 in FY 2022). Revenue: JP¥76.1b (up 32% from FY 2022). Net income: JP¥21.9b (up 49% from FY 2022). Profit margin: 29% (up from 26% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Apr 04Now 20% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be JP¥6,588, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.
Buying Opportunity • Mar 20Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥6,603, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.
Price Target Changed • Mar 09Price target increased by 8.0% to JP¥5,613Up from JP¥5,199, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,800. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥95.69 last year.
Buying Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be JP¥6,801, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.
Upcoming Dividend • Feb 20Upcoming dividend of JP¥16.00 per share at 0.5% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 May 2023. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.2%).
お知らせ • Feb 03BayCurrent Consulting, Inc. to Report Fiscal Year 2023 Results on Apr 14, 2023BayCurrent Consulting, Inc. announced that they will report fiscal year 2023 results on Apr 14, 2023
Price Target Changed • Jan 24Price target increased by 7.2% to JP¥5,541Up from JP¥5,170, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,710. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥95.69 last year.
Buying Opportunity • Jan 20Now 20% undervaluedOver the last 90 days, the stock is up 49%. The fair value is estimated to be JP¥6,945, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.
Price Target Changed • Jan 18Price target increased to JP¥5,513Up from JP¥5,065, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥5,470. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥95.69 last year.
Reported Earnings • Jan 14Third quarter 2023 earnings released: EPS: JP¥40.51 (vs JP¥27.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥40.51 (up from JP¥27.16 in 3Q 2022). Revenue: JP¥19.9b (up 33% from 3Q 2022). Net income: JP¥6.21b (up 49% from 3Q 2022). Profit margin: 31% (up from 28% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.