GMO GlobalSign Holdings K.K（3788）株式概要GMOグローバルサイン・ホールディングス株式会社は、デジタル認証と電子署名技術を世界中の政府機関や企業に提供している。 詳細3788 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長2/6過去の実績5/6財務の健全性5/6配当金5/6報酬収益は年間10.87%増加すると予測されています 過去1年間で収益は59.4%増加しました 3.12%の安定した配当金を支払う リスク分析リスクチェックの結果、3788 、リスクは検出されなかった。すべてのリスクチェックを見る3788 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥1.92k6.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture028b2016201920222025202620282031Revenue JP¥28.4bEarnings JP¥1.5bAdvancedSet Fair ValueView all narrativesGMO GlobalSign Holdings K.K. 競合他社User LocalSymbol: TSE:3984Market cap: JP¥25.1bE-GuardianSymbol: TSE:6050Market cap: JP¥19.7bJIG-SAWSymbol: TSE:3914Market cap: JP¥15.6bTerraSkyLtdSymbol: TSE:3915Market cap: JP¥29.8b価格と性能株価の高値、安値、推移の概要GMO GlobalSign Holdings K.K過去の株価現在の株価JP¥1,915.0052週高値JP¥2,519.0052週安値JP¥1,830.00ベータ0.741ヶ月の変化0.47%3ヶ月変化-2.99%1年変化-7.89%3年間の変化-38.92%5年間の変化-59.94%IPOからの変化-76.36%最新ニュースReported Earnings • May 19First quarter 2026 earnings released: EPS: JP¥30.25 (vs JP¥17.63 in 1Q 2025)First quarter 2026 results: EPS: JP¥30.25 (up from JP¥17.63 in 1Q 2025). Revenue: JP¥5.57b (up 13% from 1Q 2025). Net income: JP¥347.0m (up 71% from 1Q 2025). Profit margin: 6.2% (up from 4.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Apr 21GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire 94.36% stake in Strategit Co., Ltd. from HEROZ, Inc. (TSE:4382) for approximately ¥420 million.GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire 94.36% stake in Strategit Co., Ltd. from HEROZ, Inc. (TSE:4382) for approximately ¥420 million on April 20, 2026. A cash consideration of ¥424.6 million will be paid by GMO GlobalSign Holdings K.K. HEROZ, Inc. (TSE:4382) will transfer 79,499 shares of StrategIT to GMO GlobalSign HD. The transaction is expected to complete on or around April 30, 2026.Buy Or Sell Opportunity • Apr 13Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥1,991. The fair value is estimated to be JP¥2,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Buy Or Sell Opportunity • Feb 22Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to JP¥2,058. The fair value is estimated to be JP¥2,629, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.お知らせ • Feb 16GMO GlobalSign Holdings K.K. Proposes Dividend for the Fiscal Year Ended December 31, 2025, Effective March 23, 2026GMO GlobalSign Holdings K.K. (the Company) has resolved at the Board of Directors meeting held on February 16, 2026, to propose the distribution of retained earnings as dividends as of the record date of December 31, 2025. This matter will be submitted to the agenda for voting at the Annual Meeting of Shareholders scheduled to be held on March 17, 2026. Dividend Per Share of ¥56.91; Total Dividend Amount of ¥653 million; Source of Dividend: Retained Earnings; Effective Date March 23, 2026; Dividend (Fiscal Year 2024) of ¥37.22.Reported Earnings • Feb 11Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥87.53 (up from JP¥74.17 in FY 2024). Revenue: JP¥20.7b (up 7.8% from FY 2024). Net income: JP¥1.01b (up 18% from FY 2024). Profit margin: 4.9% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.最新情報をもっと見るRecent updatesReported Earnings • May 19First quarter 2026 earnings released: EPS: JP¥30.25 (vs JP¥17.63 in 1Q 2025)First quarter 2026 results: EPS: JP¥30.25 (up from JP¥17.63 in 1Q 2025). Revenue: JP¥5.57b (up 13% from 1Q 2025). Net income: JP¥347.0m (up 71% from 1Q 2025). Profit margin: 6.2% (up from 4.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Apr 21GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire 94.36% stake in Strategit Co., Ltd. from HEROZ, Inc. (TSE:4382) for approximately ¥420 million.GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire 94.36% stake in Strategit Co., Ltd. from HEROZ, Inc. (TSE:4382) for approximately ¥420 million on April 20, 2026. A cash consideration of ¥424.6 million will be paid by GMO GlobalSign Holdings K.K. HEROZ, Inc. (TSE:4382) will transfer 79,499 shares of StrategIT to GMO GlobalSign HD. The transaction is expected to complete on or around April 30, 2026.Buy Or Sell Opportunity • Apr 13Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥1,991. The fair value is estimated to be JP¥2,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Buy Or Sell Opportunity • Feb 22Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to JP¥2,058. The fair value is estimated to be JP¥2,629, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.お知らせ • Feb 16GMO GlobalSign Holdings K.K. Proposes Dividend for the Fiscal Year Ended December 31, 2025, Effective March 23, 2026GMO GlobalSign Holdings K.K. (the Company) has resolved at the Board of Directors meeting held on February 16, 2026, to propose the distribution of retained earnings as dividends as of the record date of December 31, 2025. This matter will be submitted to the agenda for voting at the Annual Meeting of Shareholders scheduled to be held on March 17, 2026. Dividend Per Share of ¥56.91; Total Dividend Amount of ¥653 million; Source of Dividend: Retained Earnings; Effective Date March 23, 2026; Dividend (Fiscal Year 2024) of ¥37.22.Reported Earnings • Feb 11Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥87.53 (up from JP¥74.17 in FY 2024). Revenue: JP¥20.7b (up 7.8% from FY 2024). Net income: JP¥1.01b (up 18% from FY 2024). Profit margin: 4.9% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Feb 10GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 17, 2026GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 17, 2026.New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. This is currently the only risk that has been identified for the company.分析記事 • Dec 28GMO GlobalSign Holdings K.K (TSE:3788) Is Paying Out A Larger Dividend Than Last YearGMO GlobalSign Holdings K.K. ( TSE:3788 ) will increase its dividend from last year's comparable payment on the 24th of...お知らせ • Dec 27GMO GlobalSign Holdings K.K. to Report Fiscal Year 2025 Results on Feb 10, 2026GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2025 results on Feb 10, 2026Upcoming Dividend • Dec 22Upcoming dividend of JP¥49.84 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 March 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥25.26 (vs JP¥1.82 in 3Q 2024)Third quarter 2025 results: EPS: JP¥25.26 (up from JP¥1.82 in 3Q 2024). Revenue: JP¥5.16b (up 15% from 3Q 2024). Net income: JP¥290.0m (up JP¥269.0m from 3Q 2024). Profit margin: 5.6% (up from 0.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.分析記事 • Nov 14GMO GlobalSign Holdings K.K's (TSE:3788) Upcoming Dividend Will Be Larger Than Last Year'sGMO GlobalSign Holdings K.K. ( TSE:3788 ) will increase its dividend from last year's comparable payment on the 24th of...Declared Dividend • Nov 14Dividend of JP¥49.84 announcedShareholders will receive a dividend of JP¥49.84. Ex-date: 29th December 2025 Payment date: 24th March 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Nov 13We Think GMO GlobalSign Holdings K.K (TSE:3788) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Oct 08GMO GlobalSign Holdings K.K. to Report Q3, 2025 Results on Nov 12, 2025GMO GlobalSign Holdings K.K. announced that they will report Q3, 2025 results on Nov 12, 2025Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: JP¥18.34 (vs JP¥14.93 in 2Q 2024)Second quarter 2025 results: EPS: JP¥18.34 (up from JP¥14.93 in 2Q 2024). Revenue: JP¥5.03b (up 3.9% from 2Q 2024). Net income: JP¥210.6m (up 22% from 2Q 2024). Profit margin: 4.2% (up from 3.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.分析記事 • Jul 28Returns On Capital At GMO GlobalSign Holdings K.K (TSE:3788) Paint A Concerning PictureWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...お知らせ • May 31GMO GlobalSign Holdings K.K. to Report Q2, 2025 Results on Aug 07, 2025GMO GlobalSign Holdings K.K. announced that they will report Q2, 2025 results on Aug 07, 2025Reported Earnings • May 17First quarter 2025 earnings released: EPS: JP¥17.59 (vs JP¥29.08 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.59 (down from JP¥29.08 in 1Q 2024). Revenue: JP¥4.91b (up 4.0% from 1Q 2024). Net income: JP¥202.0m (down 40% from 1Q 2024). Profit margin: 4.1% (down from 7.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.分析記事 • Apr 07GMO GlobalSign Holdings K.K. (TSE:3788) Stocks Pounded By 26% But Not Lagging Market On Growth Or PricingGMO GlobalSign Holdings K.K. ( TSE:3788 ) shareholders that were waiting for something to happen have been dealt a blow...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,023, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 64% over the past three years.New Risk • Mar 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).お知らせ • Mar 29GMO GlobalSign Holdings K.K. to Report Q1, 2025 Results on May 13, 2025GMO GlobalSign Holdings K.K. announced that they will report Q1, 2025 results on May 13, 2025Reported Earnings • Mar 27Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥74.17 (up from JP¥64.15 in FY 2023). Revenue: JP¥19.2b (up 9.5% from FY 2023). Net income: JP¥854.0m (up 16% from FY 2023). Profit margin: 4.5% (up from 4.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.New Risk • Feb 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.分析記事 • Feb 19Shareholders Will Be Pleased With The Quality of GMO GlobalSign Holdings K.K's (TSE:3788) EarningsEven though GMO GlobalSign Holdings K.K. ( TSE:3788 ) posted strong earnings, investors appeared to be underwhelmed...Reported Earnings • Feb 14Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥74.17 (up from JP¥64.15 in FY 2023). Revenue: JP¥19.2b (up 9.5% from FY 2023). Net income: JP¥854.0m (up 16% from FY 2023). Profit margin: 4.5% (up from 4.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Feb 12GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2025GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2025.New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change).お知らせ • Jan 03GMO GlobalSign Holdings K.K. to Report Fiscal Year 2024 Results on Feb 12, 2025GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2024 results on Feb 12, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥36.47 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 March 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.4%).Major Estimate Revision • Dec 13Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥75.50 to JP¥64.30 per share. Revenue forecast steady at JP¥19.1b. Net income forecast to grow 31% next year vs 15% growth forecast for IT industry in Japan. Consensus price target of JP¥2,770 unchanged from last update. Share price fell 4.5% to JP¥2,501 over the past week.Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: JP¥1.82 (vs JP¥14.58 in 3Q 2023)Third quarter 2024 results: EPS: JP¥1.82 (down from JP¥14.58 in 3Q 2023). Revenue: JP¥4.51b (up 4.4% from 3Q 2023). Net income: JP¥21.0m (down 88% from 3Q 2023). Profit margin: 0.5% (down from 3.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Nov 12GMO GlobalSign Holdings K.K. (TSE:3788) announces an Equity Buyback for 40,000 shares, representing 0.35% for ¥100 million.GMO GlobalSign Holdings K.K. (TSE:3788) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 0.35% of its issued share capital, for ¥100 million. The repurchases are made as part of company's flexible capital policy in response to changes in the business environment and as part of our shareholder return policy. The program is valid till December 31, 2024. As of September 30, 2024, the company had 11,519,242 outstanding shares (excluding treasury stock) and 173,758 treasury shares.Buy Or Sell Opportunity • Nov 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to JP¥2,914. The fair value is estimated to be JP¥2,427, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.Buy Or Sell Opportunity • Sep 26Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥2,975. The fair value is estimated to be JP¥2,466, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.お知らせ • Sep 06GMO GlobalSign Holdings K.K. to Report Q3, 2024 Results on Nov 12, 2024GMO GlobalSign Holdings K.K. announced that they will report Q3, 2024 results on Nov 12, 2024Buy Or Sell Opportunity • Sep 03Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥3,010. The fair value is estimated to be JP¥2,466, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.分析記事 • Aug 27A Look At The Fair Value Of GMO GlobalSign Holdings K.K. (TSE:3788)Key Insights Using the 2 Stage Free Cash Flow to Equity, GMO GlobalSign Holdings K.K fair value estimate is JP¥2,471...Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,850, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 35% over the past three years.Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥14.93 (vs JP¥9.81 in 2Q 2023)Second quarter 2024 results: EPS: JP¥14.93 (up from JP¥9.81 in 2Q 2023). Revenue: JP¥4.85b (up 13% from 2Q 2023). Net income: JP¥172.0m (up 52% from 2Q 2023). Profit margin: 3.5% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.分析記事 • Aug 05GMO GlobalSign Holdings K.K. (TSE:3788) Stocks Pounded By 26% But Not Lagging Market On Growth Or PricingGMO GlobalSign Holdings K.K. ( TSE:3788 ) shareholders won't be pleased to see that the share price has had a very...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to JP¥2,246, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 42% over the past three years.Price Target Changed • Jul 05Price target decreased by 27% to JP¥2,770Down from JP¥3,790, the current price target is provided by 1 analyst. New target price is 9.3% below last closing price of JP¥3,055. Stock is up 2.5% over the past year. The company is forecast to post earnings per share of JP¥75.50 for next year compared to JP¥64.15 last year.お知らせ • Jun 02GMO GlobalSign Holdings K.K. to Report Q2, 2024 Results on Aug 08, 2024GMO GlobalSign Holdings K.K. announced that they will report Q2, 2024 results on Aug 08, 2024Reported Earnings • May 12First quarter 2024 earnings released: EPS: JP¥29.08 (vs JP¥25.78 in 1Q 2023)First quarter 2024 results: EPS: JP¥29.08 (up from JP¥25.78 in 1Q 2023). Revenue: JP¥4.72b (up 12% from 1Q 2023). Net income: JP¥335.0m (up 13% from 1Q 2023). Profit margin: 7.1% (in line with 1Q 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 30GMO GlobalSign Holdings K.K. to Report Q1, 2024 Results on May 10, 2024GMO GlobalSign Holdings K.K. announced that they will report Q1, 2024 results on May 10, 2024Reported Earnings • Mar 27Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥64.15 (down from JP¥73.44 in FY 2022). Revenue: JP¥17.5b (up 9.6% from FY 2022). Net income: JP¥739.0m (down 13% from FY 2022). Profit margin: 4.2% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Feb 22Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥84.64 to JP¥73.80 per share. Revenue forecast steady at JP¥18.8b. Net income forecast to grow 15% next year vs 18% growth forecast for IT industry in Japan. Consensus price target of JP¥3,790 unchanged from last update. Share price was steady at JP¥2,688 over the past week.お知らせ • Feb 15GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2024GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2024.Reported Earnings • Feb 15Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥64.15 (down from JP¥73.44 in FY 2022). Revenue: JP¥17.5b (up 9.6% from FY 2022). Net income: JP¥739.0m (down 13% from FY 2022). Profit margin: 4.2% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Jan 22Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to JP¥2,810. The fair value is estimated to be JP¥2,312, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 18%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.お知らせ • Dec 28GMO GlobalSign Holdings K.K. to Report Fiscal Year 2023 Results on Feb 13, 2024GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2023 results on Feb 13, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥38.46 per share at 1.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%).Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: JP¥14.58 (vs JP¥8.77 in 3Q 2022)Third quarter 2023 results: EPS: JP¥14.58 (up from JP¥8.77 in 3Q 2022). Revenue: JP¥4.32b (up 9.3% from 3Q 2022). Net income: JP¥168.0m (up 66% from 3Q 2022). Profit margin: 3.9% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings.お知らせ • Sep 28GMO GlobalSign Holdings K.K. to Report Q3, 2023 Results on Nov 13, 2023GMO GlobalSign Holdings K.K. announced that they will report Q3, 2023 results on Nov 13, 2023New Risk • Aug 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (3.4% net profit margin).New Risk • Aug 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: JP¥9.81 (vs JP¥25.61 in 2Q 2022)Second quarter 2023 results: EPS: JP¥9.81 (down from JP¥25.61 in 2Q 2022). Revenue: JP¥4.29b (up 7.8% from 2Q 2022). Net income: JP¥113.0m (down 62% from 2Q 2022). Profit margin: 2.6% (down from 7.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.お知らせ • Jun 30GMO GlobalSign Holdings K.K. to Report Q2, 2023 Results on Aug 09, 2023GMO GlobalSign Holdings K.K. announced that they will report Q2, 2023 results on Aug 09, 2023Reported Earnings • May 13First quarter 2023 earnings released: EPS: JP¥25.78 (vs JP¥34.99 in 1Q 2022)First quarter 2023 results: EPS: JP¥25.78 (down from JP¥34.99 in 1Q 2022). Revenue: JP¥4.23b (up 7.7% from 1Q 2022). Net income: JP¥297.0m (down 26% from 1Q 2022). Profit margin: 7.0% (down from 10% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥73.44 (up from JP¥41.93 in FY 2021). Revenue: JP¥16.0b (up 14% from FY 2021). Net income: JP¥846.0m (up 75% from FY 2021). Profit margin: 5.3% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings.Major Estimate Revision • Mar 24Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from JP¥16.9b to JP¥17.2b. EPS estimate increased from JP¥73.79 to JP¥88.11 per share. Net income forecast to grow 20% next year vs 9.0% growth forecast for IT industry in Japan. Consensus price target down from JP¥5,940 to JP¥5,340. Share price rose 2.7% to JP¥4,220 over the past week.Major Estimate Revision • Feb 22Consensus EPS estimates fall by 42%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥17.4b to JP¥16.9b. EPS estimate also fell from JP¥127 per share to JP¥73.79 per share. Net income forecast to grow 0.5% next year vs 10% growth forecast for IT industry in Japan. Consensus price target of JP¥5,940 unchanged from last update. Share price fell 9.9% to JP¥3,885 over the past week.お知らせ • Feb 15GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 23, 2023GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 23, 2023.Reported Earnings • Feb 14Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥73.44 (up from JP¥41.93 in FY 2021). Revenue: JP¥16.0b (up 14% from FY 2021). Net income: JP¥846.0m (up 75% from FY 2021). Profit margin: 5.3% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.お知らせ • Dec 28GMO GlobalSign Holdings K.K. to Report Fiscal Year 2022 Results on Feb 13, 2023GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2022 results on Feb 13, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥39.06 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 22 March 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).Price Target Changed • Nov 23Price target decreased to JP¥5,940Down from JP¥6,690, the current price target is an average from 2 analysts. New target price is 41% above last closing price of JP¥4,205. Stock is down 4.2% over the past year. The company is forecast to post earnings per share of JP¥98.09 for next year compared to JP¥41.93 last year.Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: JP¥8.77 (vs JP¥8.94 in 3Q 2021)Third quarter 2022 results: EPS: JP¥8.77 (down from JP¥8.94 in 3Q 2021). Revenue: JP¥3.95b (up 17% from 3Q 2021). Net income: JP¥101.0m (down 1.9% from 3Q 2021). Profit margin: 2.6% (down from 3.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Price Target Changed • Nov 16Price target increased to JP¥6,690Up from JP¥6,140, the current price target is an average from 2 analysts. New target price is 50% above last closing price of JP¥4,460. Stock is down 1.8% over the past year. The company is forecast to post earnings per share of JP¥102 for next year compared to JP¥41.93 last year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. 1 independent director (7 non-independent directors). Director Akihiko Nakajima was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Sep 28GMO GlobalSign Holdings K.K. to Report Q3, 2022 Results on Nov 14, 2022GMO GlobalSign Holdings K.K. announced that they will report Q3, 2022 results on Nov 14, 2022Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: JP¥25.61 (vs JP¥15.11 in 2Q 2021)Second quarter 2022 results: EPS: JP¥25.61 (up from JP¥15.11 in 2Q 2021). Revenue: JP¥3.98b (up 15% from 2Q 2021). Net income: JP¥295.0m (up 70% from 2Q 2021). Profit margin: 7.4% (up from 5.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.お知らせ • Jun 02GMO GlobalSign Holdings K.K. to Report Q2, 2022 Results on Aug 08, 2022GMO GlobalSign Holdings K.K. announced that they will report Q2, 2022 results on Aug 08, 2022Reported Earnings • May 15First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: JP¥34.99 (up from JP¥19.88 in 1Q 2021). Revenue: JP¥3.93b (up 15% from 1Q 2021). Net income: JP¥403.0m (up 76% from 1Q 2021). Profit margin: 10% (up from 6.7% in 1Q 2021). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 12%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. 1 independent director (7 non-independent directors). Director Akihiko Nakajima was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 07GMO GlobalSign Holdings K.K. to Report Q1, 2022 Results on May 12, 2022GMO GlobalSign Holdings K.K. announced that they will report Q1, 2022 results on May 12, 2022お知らせ • Feb 16GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2022GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2022.Reported Earnings • Feb 12Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: JP¥41.93 (down from JP¥102 in FY 2020). Revenue: JP¥14.0b (up 5.4% from FY 2020). Net income: JP¥483.0m (down 59% from FY 2020). Profit margin: 3.4% (down from 8.8% in FY 2020). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 7.7%, compared to a 7.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Dec 22Upcoming dividend of JP¥33.64 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 22 March 2022. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.3%).Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS JP¥8.94 (vs JP¥16.23 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥3.37b (up 2.9% from 3Q 2020). Net income: JP¥103.0m (down 45% from 3Q 2020). Profit margin: 3.1% (down from 5.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥4,795, the stock trades at a forward P/E ratio of 74x. Average forward P/E is 25x in the IT industry in Japan. Total returns to shareholders of 28% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS JP¥15.11 (vs JP¥29.43 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥3.46b (up 3.6% from 2Q 2020). Net income: JP¥174.0m (down 49% from 2Q 2020). Profit margin: 5.0% (down from 10% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat.Reported Earnings • May 14First quarter 2021 earnings released: EPS JP¥19.88 (vs JP¥31.17 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: JP¥3.42b (flat on 1Q 2020). Net income: JP¥229.0m (down 36% from 1Q 2020). Profit margin: 6.7% (down from 10% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Feb 24New 90-day low: JP¥7,790The company is down 21% from its price of JP¥9,820 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 6.0% over the same period.Analyst Estimate Surprise Post Earnings • Feb 14Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.2%. Earnings per share (EPS) exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 1.7%, compared to a 8.8% growth forecast for the IT industry in Japan.Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥102 (vs JP¥93.15 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥13.3b (up 1.7% from FY 2019). Net income: JP¥1.17b (up 9.0% from FY 2019). Profit margin: 8.8% (up from 8.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Dec 22Upcoming Dividend of JP¥49.13 Per ShareWill be paid on the 24th of March to those who are registered shareholders by the 29th of December. The trailing yield of 0.6% is below the top quartile of Japanese dividend payers (3.0%), and is lower than industry peers (1.3%).Is New 90 Day High Low • Dec 22New 90-day low: JP¥8,640The company is down 7.0% from its price of JP¥9,330 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.お知らせ • Dec 16GMO GlobalSign Holdings K.K. to Report Fiscal Year 2020 Results on Feb 12, 2021GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2020 results on Feb 12, 2021お知らせ • Sep 12GMO GlobalSign Holdings K.K. to Report Q3, 2020 Results on Nov 11, 2020GMO GlobalSign Holdings K.K. announced that they will report Q3, 2020 results on Nov 11, 2020お知らせ • Jun 29GMO CLOUD K.K. to Report Q2, 2020 Results on Aug 11, 2020GMO CLOUD K.K. announced that they will report Q2, 2020 results on Aug 11, 2020株主還元3788JP ITJP 市場7D-3.9%-0.1%-2.3%1Y-7.9%-17.4%40.4%株主還元を見る業界別リターン: 3788過去 1 年間で-17.4 % の収益を上げたJP IT業界を上回りました。リターン対市場: 3788は、過去 1 年間で40.4 % のリターンを上げたJP市場を下回りました。価格変動Is 3788's price volatile compared to industry and market?3788 volatility3788 Average Weekly Movement5.2%IT Industry Average Movement4.7%Market Average Movement4.4%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.2%安定した株価: 3788 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3788の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1993962Mitsuru Aoyamawww.gmogshd.comGMOグローバルサイン・ホールディングス株式会社は、デジタル認証と電子署名技術を世界中の政府機関や企業に提供している。電子証明書・電子署名事業、クラウド基盤事業、デジタルトランスフォーメーション事業を展開。同社は、発行、企業実在性認証、認証国ASPのほか、デジタルメディア、マーケティング、デバイスを提供している。同社のソリューションは、AI、IoT、ブロックチェーンなどの技術をサポートしている。旧社名はGMOクラウド株式会社で、2020年9月にGMOグローバルサイン・ホールディングス株式会社に商号変更した。同社は1993年に設立され、東京に本社を置いている。GMOグローバルサイン・ホールディングス株式会社は、GMOインターネットグループ株式会社の子会社である。もっと見るGMO GlobalSign Holdings K.K. 基礎のまとめGMO GlobalSign Holdings K.K の収益と売上を時価総額と比較するとどうか。3788 基礎統計学時価総額JP¥21.96b収益（TTM）JP¥1.15b売上高(TTM)JP¥21.33b19.1xPER（株価収益率1.0xP/Sレシオ3788 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3788 損益計算書（TTM）収益JP¥21.33b売上原価JP¥8.84b売上総利益JP¥12.49bその他の費用JP¥11.34b収益JP¥1.15b直近の収益報告Mar 31, 2026次回決算日Aug 13, 2026一株当たり利益（EPS）100.29グロス・マージン58.56%純利益率5.39%有利子負債／自己資本比率28.1%3788 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.1%現在の配当利回り57%配当性向View Valuation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2026/06/27 18:36終値2026/06/26 00:00収益2026/03/31年間収益2025/12/31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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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GMO GlobalSign Holdings K.K. 1 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。4 アナリスト機関Yoshitaka NagaoBofA Global Researchnull nullDaiwa Securities Co. Ltd.Kazuki TokunagaDaiwa Securities Co. Ltd.1 その他のアナリストを表示
Reported Earnings • May 19First quarter 2026 earnings released: EPS: JP¥30.25 (vs JP¥17.63 in 1Q 2025)First quarter 2026 results: EPS: JP¥30.25 (up from JP¥17.63 in 1Q 2025). Revenue: JP¥5.57b (up 13% from 1Q 2025). Net income: JP¥347.0m (up 71% from 1Q 2025). Profit margin: 6.2% (up from 4.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Apr 21GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire 94.36% stake in Strategit Co., Ltd. from HEROZ, Inc. (TSE:4382) for approximately ¥420 million.GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire 94.36% stake in Strategit Co., Ltd. from HEROZ, Inc. (TSE:4382) for approximately ¥420 million on April 20, 2026. A cash consideration of ¥424.6 million will be paid by GMO GlobalSign Holdings K.K. HEROZ, Inc. (TSE:4382) will transfer 79,499 shares of StrategIT to GMO GlobalSign HD. The transaction is expected to complete on or around April 30, 2026.
Buy Or Sell Opportunity • Apr 13Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥1,991. The fair value is estimated to be JP¥2,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Buy Or Sell Opportunity • Feb 22Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to JP¥2,058. The fair value is estimated to be JP¥2,629, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.
お知らせ • Feb 16GMO GlobalSign Holdings K.K. Proposes Dividend for the Fiscal Year Ended December 31, 2025, Effective March 23, 2026GMO GlobalSign Holdings K.K. (the Company) has resolved at the Board of Directors meeting held on February 16, 2026, to propose the distribution of retained earnings as dividends as of the record date of December 31, 2025. This matter will be submitted to the agenda for voting at the Annual Meeting of Shareholders scheduled to be held on March 17, 2026. Dividend Per Share of ¥56.91; Total Dividend Amount of ¥653 million; Source of Dividend: Retained Earnings; Effective Date March 23, 2026; Dividend (Fiscal Year 2024) of ¥37.22.
Reported Earnings • Feb 11Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥87.53 (up from JP¥74.17 in FY 2024). Revenue: JP¥20.7b (up 7.8% from FY 2024). Net income: JP¥1.01b (up 18% from FY 2024). Profit margin: 4.9% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: JP¥30.25 (vs JP¥17.63 in 1Q 2025)First quarter 2026 results: EPS: JP¥30.25 (up from JP¥17.63 in 1Q 2025). Revenue: JP¥5.57b (up 13% from 1Q 2025). Net income: JP¥347.0m (up 71% from 1Q 2025). Profit margin: 6.2% (up from 4.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Apr 21GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire 94.36% stake in Strategit Co., Ltd. from HEROZ, Inc. (TSE:4382) for approximately ¥420 million.GMO GlobalSign Holdings K.K. (TSE:3788) agreed to acquire 94.36% stake in Strategit Co., Ltd. from HEROZ, Inc. (TSE:4382) for approximately ¥420 million on April 20, 2026. A cash consideration of ¥424.6 million will be paid by GMO GlobalSign Holdings K.K. HEROZ, Inc. (TSE:4382) will transfer 79,499 shares of StrategIT to GMO GlobalSign HD. The transaction is expected to complete on or around April 30, 2026.
Buy Or Sell Opportunity • Apr 13Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥1,991. The fair value is estimated to be JP¥2,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Buy Or Sell Opportunity • Feb 22Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to JP¥2,058. The fair value is estimated to be JP¥2,629, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.
お知らせ • Feb 16GMO GlobalSign Holdings K.K. Proposes Dividend for the Fiscal Year Ended December 31, 2025, Effective March 23, 2026GMO GlobalSign Holdings K.K. (the Company) has resolved at the Board of Directors meeting held on February 16, 2026, to propose the distribution of retained earnings as dividends as of the record date of December 31, 2025. This matter will be submitted to the agenda for voting at the Annual Meeting of Shareholders scheduled to be held on March 17, 2026. Dividend Per Share of ¥56.91; Total Dividend Amount of ¥653 million; Source of Dividend: Retained Earnings; Effective Date March 23, 2026; Dividend (Fiscal Year 2024) of ¥37.22.
Reported Earnings • Feb 11Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥87.53 (up from JP¥74.17 in FY 2024). Revenue: JP¥20.7b (up 7.8% from FY 2024). Net income: JP¥1.01b (up 18% from FY 2024). Profit margin: 4.9% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Feb 10GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 17, 2026GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 17, 2026.
New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. This is currently the only risk that has been identified for the company.
分析記事 • Dec 28GMO GlobalSign Holdings K.K (TSE:3788) Is Paying Out A Larger Dividend Than Last YearGMO GlobalSign Holdings K.K. ( TSE:3788 ) will increase its dividend from last year's comparable payment on the 24th of...
お知らせ • Dec 27GMO GlobalSign Holdings K.K. to Report Fiscal Year 2025 Results on Feb 10, 2026GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2025 results on Feb 10, 2026
Upcoming Dividend • Dec 22Upcoming dividend of JP¥49.84 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 March 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥25.26 (vs JP¥1.82 in 3Q 2024)Third quarter 2025 results: EPS: JP¥25.26 (up from JP¥1.82 in 3Q 2024). Revenue: JP¥5.16b (up 15% from 3Q 2024). Net income: JP¥290.0m (up JP¥269.0m from 3Q 2024). Profit margin: 5.6% (up from 0.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
分析記事 • Nov 14GMO GlobalSign Holdings K.K's (TSE:3788) Upcoming Dividend Will Be Larger Than Last Year'sGMO GlobalSign Holdings K.K. ( TSE:3788 ) will increase its dividend from last year's comparable payment on the 24th of...
Declared Dividend • Nov 14Dividend of JP¥49.84 announcedShareholders will receive a dividend of JP¥49.84. Ex-date: 29th December 2025 Payment date: 24th March 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Nov 13We Think GMO GlobalSign Holdings K.K (TSE:3788) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Oct 08GMO GlobalSign Holdings K.K. to Report Q3, 2025 Results on Nov 12, 2025GMO GlobalSign Holdings K.K. announced that they will report Q3, 2025 results on Nov 12, 2025
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: JP¥18.34 (vs JP¥14.93 in 2Q 2024)Second quarter 2025 results: EPS: JP¥18.34 (up from JP¥14.93 in 2Q 2024). Revenue: JP¥5.03b (up 3.9% from 2Q 2024). Net income: JP¥210.6m (up 22% from 2Q 2024). Profit margin: 4.2% (up from 3.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
分析記事 • Jul 28Returns On Capital At GMO GlobalSign Holdings K.K (TSE:3788) Paint A Concerning PictureWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
お知らせ • May 31GMO GlobalSign Holdings K.K. to Report Q2, 2025 Results on Aug 07, 2025GMO GlobalSign Holdings K.K. announced that they will report Q2, 2025 results on Aug 07, 2025
Reported Earnings • May 17First quarter 2025 earnings released: EPS: JP¥17.59 (vs JP¥29.08 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.59 (down from JP¥29.08 in 1Q 2024). Revenue: JP¥4.91b (up 4.0% from 1Q 2024). Net income: JP¥202.0m (down 40% from 1Q 2024). Profit margin: 4.1% (down from 7.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
分析記事 • Apr 07GMO GlobalSign Holdings K.K. (TSE:3788) Stocks Pounded By 26% But Not Lagging Market On Growth Or PricingGMO GlobalSign Holdings K.K. ( TSE:3788 ) shareholders that were waiting for something to happen have been dealt a blow...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,023, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 64% over the past three years.
New Risk • Mar 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).
お知らせ • Mar 29GMO GlobalSign Holdings K.K. to Report Q1, 2025 Results on May 13, 2025GMO GlobalSign Holdings K.K. announced that they will report Q1, 2025 results on May 13, 2025
Reported Earnings • Mar 27Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥74.17 (up from JP¥64.15 in FY 2023). Revenue: JP¥19.2b (up 9.5% from FY 2023). Net income: JP¥854.0m (up 16% from FY 2023). Profit margin: 4.5% (up from 4.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
New Risk • Feb 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
分析記事 • Feb 19Shareholders Will Be Pleased With The Quality of GMO GlobalSign Holdings K.K's (TSE:3788) EarningsEven though GMO GlobalSign Holdings K.K. ( TSE:3788 ) posted strong earnings, investors appeared to be underwhelmed...
Reported Earnings • Feb 14Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥74.17 (up from JP¥64.15 in FY 2023). Revenue: JP¥19.2b (up 9.5% from FY 2023). Net income: JP¥854.0m (up 16% from FY 2023). Profit margin: 4.5% (up from 4.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Feb 12GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2025GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2025.
New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change).
お知らせ • Jan 03GMO GlobalSign Holdings K.K. to Report Fiscal Year 2024 Results on Feb 12, 2025GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2024 results on Feb 12, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥36.47 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 March 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.4%).
Major Estimate Revision • Dec 13Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥75.50 to JP¥64.30 per share. Revenue forecast steady at JP¥19.1b. Net income forecast to grow 31% next year vs 15% growth forecast for IT industry in Japan. Consensus price target of JP¥2,770 unchanged from last update. Share price fell 4.5% to JP¥2,501 over the past week.
Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: JP¥1.82 (vs JP¥14.58 in 3Q 2023)Third quarter 2024 results: EPS: JP¥1.82 (down from JP¥14.58 in 3Q 2023). Revenue: JP¥4.51b (up 4.4% from 3Q 2023). Net income: JP¥21.0m (down 88% from 3Q 2023). Profit margin: 0.5% (down from 3.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Nov 12GMO GlobalSign Holdings K.K. (TSE:3788) announces an Equity Buyback for 40,000 shares, representing 0.35% for ¥100 million.GMO GlobalSign Holdings K.K. (TSE:3788) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 0.35% of its issued share capital, for ¥100 million. The repurchases are made as part of company's flexible capital policy in response to changes in the business environment and as part of our shareholder return policy. The program is valid till December 31, 2024. As of September 30, 2024, the company had 11,519,242 outstanding shares (excluding treasury stock) and 173,758 treasury shares.
Buy Or Sell Opportunity • Nov 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to JP¥2,914. The fair value is estimated to be JP¥2,427, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.
Buy Or Sell Opportunity • Sep 26Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥2,975. The fair value is estimated to be JP¥2,466, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.
お知らせ • Sep 06GMO GlobalSign Holdings K.K. to Report Q3, 2024 Results on Nov 12, 2024GMO GlobalSign Holdings K.K. announced that they will report Q3, 2024 results on Nov 12, 2024
Buy Or Sell Opportunity • Sep 03Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥3,010. The fair value is estimated to be JP¥2,466, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 38% in the next 2 years.
分析記事 • Aug 27A Look At The Fair Value Of GMO GlobalSign Holdings K.K. (TSE:3788)Key Insights Using the 2 Stage Free Cash Flow to Equity, GMO GlobalSign Holdings K.K fair value estimate is JP¥2,471...
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,850, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 35% over the past three years.
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥14.93 (vs JP¥9.81 in 2Q 2023)Second quarter 2024 results: EPS: JP¥14.93 (up from JP¥9.81 in 2Q 2023). Revenue: JP¥4.85b (up 13% from 2Q 2023). Net income: JP¥172.0m (up 52% from 2Q 2023). Profit margin: 3.5% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
分析記事 • Aug 05GMO GlobalSign Holdings K.K. (TSE:3788) Stocks Pounded By 26% But Not Lagging Market On Growth Or PricingGMO GlobalSign Holdings K.K. ( TSE:3788 ) shareholders won't be pleased to see that the share price has had a very...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to JP¥2,246, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 42% over the past three years.
Price Target Changed • Jul 05Price target decreased by 27% to JP¥2,770Down from JP¥3,790, the current price target is provided by 1 analyst. New target price is 9.3% below last closing price of JP¥3,055. Stock is up 2.5% over the past year. The company is forecast to post earnings per share of JP¥75.50 for next year compared to JP¥64.15 last year.
お知らせ • Jun 02GMO GlobalSign Holdings K.K. to Report Q2, 2024 Results on Aug 08, 2024GMO GlobalSign Holdings K.K. announced that they will report Q2, 2024 results on Aug 08, 2024
Reported Earnings • May 12First quarter 2024 earnings released: EPS: JP¥29.08 (vs JP¥25.78 in 1Q 2023)First quarter 2024 results: EPS: JP¥29.08 (up from JP¥25.78 in 1Q 2023). Revenue: JP¥4.72b (up 12% from 1Q 2023). Net income: JP¥335.0m (up 13% from 1Q 2023). Profit margin: 7.1% (in line with 1Q 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 30GMO GlobalSign Holdings K.K. to Report Q1, 2024 Results on May 10, 2024GMO GlobalSign Holdings K.K. announced that they will report Q1, 2024 results on May 10, 2024
Reported Earnings • Mar 27Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥64.15 (down from JP¥73.44 in FY 2022). Revenue: JP¥17.5b (up 9.6% from FY 2022). Net income: JP¥739.0m (down 13% from FY 2022). Profit margin: 4.2% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Feb 22Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥84.64 to JP¥73.80 per share. Revenue forecast steady at JP¥18.8b. Net income forecast to grow 15% next year vs 18% growth forecast for IT industry in Japan. Consensus price target of JP¥3,790 unchanged from last update. Share price was steady at JP¥2,688 over the past week.
お知らせ • Feb 15GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2024GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2024.
Reported Earnings • Feb 15Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥64.15 (down from JP¥73.44 in FY 2022). Revenue: JP¥17.5b (up 9.6% from FY 2022). Net income: JP¥739.0m (down 13% from FY 2022). Profit margin: 4.2% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 4.6%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Jan 22Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to JP¥2,810. The fair value is estimated to be JP¥2,312, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 18%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
お知らせ • Dec 28GMO GlobalSign Holdings K.K. to Report Fiscal Year 2023 Results on Feb 13, 2024GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2023 results on Feb 13, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥38.46 per share at 1.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%).
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: JP¥14.58 (vs JP¥8.77 in 3Q 2022)Third quarter 2023 results: EPS: JP¥14.58 (up from JP¥8.77 in 3Q 2022). Revenue: JP¥4.32b (up 9.3% from 3Q 2022). Net income: JP¥168.0m (up 66% from 3Q 2022). Profit margin: 3.9% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings.
お知らせ • Sep 28GMO GlobalSign Holdings K.K. to Report Q3, 2023 Results on Nov 13, 2023GMO GlobalSign Holdings K.K. announced that they will report Q3, 2023 results on Nov 13, 2023
New Risk • Aug 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (3.4% net profit margin).
New Risk • Aug 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: JP¥9.81 (vs JP¥25.61 in 2Q 2022)Second quarter 2023 results: EPS: JP¥9.81 (down from JP¥25.61 in 2Q 2022). Revenue: JP¥4.29b (up 7.8% from 2Q 2022). Net income: JP¥113.0m (down 62% from 2Q 2022). Profit margin: 2.6% (down from 7.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
お知らせ • Jun 30GMO GlobalSign Holdings K.K. to Report Q2, 2023 Results on Aug 09, 2023GMO GlobalSign Holdings K.K. announced that they will report Q2, 2023 results on Aug 09, 2023
Reported Earnings • May 13First quarter 2023 earnings released: EPS: JP¥25.78 (vs JP¥34.99 in 1Q 2022)First quarter 2023 results: EPS: JP¥25.78 (down from JP¥34.99 in 1Q 2022). Revenue: JP¥4.23b (up 7.7% from 1Q 2022). Net income: JP¥297.0m (down 26% from 1Q 2022). Profit margin: 7.0% (down from 10% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥73.44 (up from JP¥41.93 in FY 2021). Revenue: JP¥16.0b (up 14% from FY 2021). Net income: JP¥846.0m (up 75% from FY 2021). Profit margin: 5.3% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings.
Major Estimate Revision • Mar 24Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from JP¥16.9b to JP¥17.2b. EPS estimate increased from JP¥73.79 to JP¥88.11 per share. Net income forecast to grow 20% next year vs 9.0% growth forecast for IT industry in Japan. Consensus price target down from JP¥5,940 to JP¥5,340. Share price rose 2.7% to JP¥4,220 over the past week.
Major Estimate Revision • Feb 22Consensus EPS estimates fall by 42%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥17.4b to JP¥16.9b. EPS estimate also fell from JP¥127 per share to JP¥73.79 per share. Net income forecast to grow 0.5% next year vs 10% growth forecast for IT industry in Japan. Consensus price target of JP¥5,940 unchanged from last update. Share price fell 9.9% to JP¥3,885 over the past week.
お知らせ • Feb 15GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 23, 2023GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 23, 2023.
Reported Earnings • Feb 14Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥73.44 (up from JP¥41.93 in FY 2021). Revenue: JP¥16.0b (up 14% from FY 2021). Net income: JP¥846.0m (up 75% from FY 2021). Profit margin: 5.3% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
お知らせ • Dec 28GMO GlobalSign Holdings K.K. to Report Fiscal Year 2022 Results on Feb 13, 2023GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2022 results on Feb 13, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥39.06 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 22 March 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).
Price Target Changed • Nov 23Price target decreased to JP¥5,940Down from JP¥6,690, the current price target is an average from 2 analysts. New target price is 41% above last closing price of JP¥4,205. Stock is down 4.2% over the past year. The company is forecast to post earnings per share of JP¥98.09 for next year compared to JP¥41.93 last year.
Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: JP¥8.77 (vs JP¥8.94 in 3Q 2021)Third quarter 2022 results: EPS: JP¥8.77 (down from JP¥8.94 in 3Q 2021). Revenue: JP¥3.95b (up 17% from 3Q 2021). Net income: JP¥101.0m (down 1.9% from 3Q 2021). Profit margin: 2.6% (down from 3.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Price Target Changed • Nov 16Price target increased to JP¥6,690Up from JP¥6,140, the current price target is an average from 2 analysts. New target price is 50% above last closing price of JP¥4,460. Stock is down 1.8% over the past year. The company is forecast to post earnings per share of JP¥102 for next year compared to JP¥41.93 last year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. 1 independent director (7 non-independent directors). Director Akihiko Nakajima was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Sep 28GMO GlobalSign Holdings K.K. to Report Q3, 2022 Results on Nov 14, 2022GMO GlobalSign Holdings K.K. announced that they will report Q3, 2022 results on Nov 14, 2022
Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: JP¥25.61 (vs JP¥15.11 in 2Q 2021)Second quarter 2022 results: EPS: JP¥25.61 (up from JP¥15.11 in 2Q 2021). Revenue: JP¥3.98b (up 15% from 2Q 2021). Net income: JP¥295.0m (up 70% from 2Q 2021). Profit margin: 7.4% (up from 5.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
お知らせ • Jun 02GMO GlobalSign Holdings K.K. to Report Q2, 2022 Results on Aug 08, 2022GMO GlobalSign Holdings K.K. announced that they will report Q2, 2022 results on Aug 08, 2022
Reported Earnings • May 15First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: JP¥34.99 (up from JP¥19.88 in 1Q 2021). Revenue: JP¥3.93b (up 15% from 1Q 2021). Net income: JP¥403.0m (up 76% from 1Q 2021). Profit margin: 10% (up from 6.7% in 1Q 2021). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 12%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. 1 independent director (7 non-independent directors). Director Akihiko Nakajima was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 07GMO GlobalSign Holdings K.K. to Report Q1, 2022 Results on May 12, 2022GMO GlobalSign Holdings K.K. announced that they will report Q1, 2022 results on May 12, 2022
お知らせ • Feb 16GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2022GMO GlobalSign Holdings K.K., Annual General Meeting, Mar 19, 2022.
Reported Earnings • Feb 12Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: JP¥41.93 (down from JP¥102 in FY 2020). Revenue: JP¥14.0b (up 5.4% from FY 2020). Net income: JP¥483.0m (down 59% from FY 2020). Profit margin: 3.4% (down from 8.8% in FY 2020). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 7.7%, compared to a 7.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥33.64 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 22 March 2022. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.3%).
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS JP¥8.94 (vs JP¥16.23 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥3.37b (up 2.9% from 3Q 2020). Net income: JP¥103.0m (down 45% from 3Q 2020). Profit margin: 3.1% (down from 5.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥4,795, the stock trades at a forward P/E ratio of 74x. Average forward P/E is 25x in the IT industry in Japan. Total returns to shareholders of 28% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS JP¥15.11 (vs JP¥29.43 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥3.46b (up 3.6% from 2Q 2020). Net income: JP¥174.0m (down 49% from 2Q 2020). Profit margin: 5.0% (down from 10% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat.
Reported Earnings • May 14First quarter 2021 earnings released: EPS JP¥19.88 (vs JP¥31.17 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: JP¥3.42b (flat on 1Q 2020). Net income: JP¥229.0m (down 36% from 1Q 2020). Profit margin: 6.7% (down from 10% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Feb 24New 90-day low: JP¥7,790The company is down 21% from its price of JP¥9,820 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 6.0% over the same period.
Analyst Estimate Surprise Post Earnings • Feb 14Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.2%. Earnings per share (EPS) exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 1.7%, compared to a 8.8% growth forecast for the IT industry in Japan.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥102 (vs JP¥93.15 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥13.3b (up 1.7% from FY 2019). Net income: JP¥1.17b (up 9.0% from FY 2019). Profit margin: 8.8% (up from 8.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥49.13 Per ShareWill be paid on the 24th of March to those who are registered shareholders by the 29th of December. The trailing yield of 0.6% is below the top quartile of Japanese dividend payers (3.0%), and is lower than industry peers (1.3%).
Is New 90 Day High Low • Dec 22New 90-day low: JP¥8,640The company is down 7.0% from its price of JP¥9,330 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.
お知らせ • Dec 16GMO GlobalSign Holdings K.K. to Report Fiscal Year 2020 Results on Feb 12, 2021GMO GlobalSign Holdings K.K. announced that they will report fiscal year 2020 results on Feb 12, 2021
お知らせ • Sep 12GMO GlobalSign Holdings K.K. to Report Q3, 2020 Results on Nov 11, 2020GMO GlobalSign Holdings K.K. announced that they will report Q3, 2020 results on Nov 11, 2020
お知らせ • Jun 29GMO CLOUD K.K. to Report Q2, 2020 Results on Aug 11, 2020GMO CLOUD K.K. announced that they will report Q2, 2020 results on Aug 11, 2020
