View ValuationAvant Group 향후 성장Future 기준 점검 2/6Avant Group은 연간 수입과 매출이 각각 9.4%와 10.5% 증가할 것으로 예상되고 EPS는 연간 10.9%만큼 증가할 것으로 예상됩니다.핵심 정보9.4%이익 성장률10.89%EPS 성장률IT 이익 성장10.8%매출 성장률10.5%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트20 Feb 2026최근 향후 성장 업데이트공지 • Feb 01+ 1 more updateAvant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2024Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2024. For the year, company expects Net sales of JPY 24,000 million, Operating profit of JPY 3,850 million, Profit attributable to owners of parent of JPY 2,500 million and Net profit per share of JPY 66.89.공지 • Feb 04+ 1 more updateAvant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2023. For the year, the company expects revenue of JPY 21,800 million, operating income of JPY 3,100 million, profit attributable to owners of parent company of JPY 2,030 million and net profit per share of JPY 53.93.공지 • Nov 01Avant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2023. For the period, the company expects revenue of ¥21,800 million, operating income of ¥3,100 million and profit attributable to owners of the parent company of ¥2,030 million or ¥53.96 per share.공지 • Aug 06Avant Corporation Provides Consolidated Earnings Forecast for the Full Year of Fiscal Year Ending March 31, 2023Avant Corporation provided consolidated earnings forecast for the full year of fiscal year ending March 31, 2023. For the full year, the company expected net sales to be JPY 21,800 million, Operating profit to be JPY 3,100 million, Profit attributable to owners of parent to be JPY 2,030 million and basic earnings per share to be JPY 53.96.공지 • May 08+ 1 more updateAvant Corporation Provides Consolidated Earnings Forecast for the Fiscal Year Ending June 30, 2021Avant Corporation provided earnings forecast for the fiscal year ending June 30, 2021. For the year, the company expects net sales of JPY 16,110 million. Operating income is expected as JPY 2,520 million. Profit attributable to owners of parent company is expected as JPY 1,628 million. Net profit per share is expected as JPY 43.30.공지 • Apr 03Avant Corporation Provides Earnings Guidance for the Fiscal Year 2023Avant Corporation provided earnings guidance for the fiscal year 2023. For the year, the company expects revenue of JPY 18 billion to 22 billion and operating income of JPY 3.1 billion to 3.8 billion.모든 업데이트 보기Recent updatesReported Earnings • May 01Third quarter 2026 earnings released: EPS: JP¥22.39 (vs JP¥18.79 in 3Q 2025)Third quarter 2026 results: EPS: JP¥22.39 (up from JP¥18.79 in 3Q 2025). Revenue: JP¥7.63b (up 10% from 3Q 2025). Net income: JP¥798.0m (up 16% from 3Q 2025). Profit margin: 11% (in line with 3Q 2025). Revenue is forecast to grow 11% 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 22% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공지 • Apr 21Avant Group Corporation to Report Q3, 2026 Results on Apr 30, 2026Avant Group Corporation announced that they will report Q3, 2026 results on Apr 30, 2026Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to JP¥1,362. The fair value is estimated to be JP¥1,705, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.Buy Or Sell Opportunity • Mar 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to JP¥1,322. The fair value is estimated to be JP¥1,664, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.Buy Or Sell Opportunity • Mar 03Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to JP¥1,311. The fair value is estimated to be JP¥1,642, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.공지 • Feb 25Avant Group Corporation (TSE:3836) announces an Equity Buyback for 1,650,000 shares, representing 4.53% for ¥1,600 million.Avant Group Corporation (TSE:3836) announces a share repurchase program. Under the program, the company will repurchase up to 1,650,000 shares, representing 4.53% of its total outstanding shares, for ¥1,600 million. The purpose of the buyback is to enhance corporate value and return profits to shareholders. The repurchased shares will be cancelled. The program will expire on May 29, 2026. As of December 31, 2025, the company had 36,438,852 shares in issue (excluding treasury stock) and 1,206,999 shares in treasury.분석 기사 • Feb 11We Like The Quality Of Avant Group's (TSE:3836) EarningsThe stock was sluggish on the back of Avant Group Corporation's ( TSE:3836 ) recent earnings report. Our analysis...Buy Or Sell Opportunity • Feb 02Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to JP¥1,563. The fair value is estimated to be JP¥2,045, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.분석 기사 • Feb 02Avant Group's (TSE:3836) Dividend Will Be Increased To ¥32.00The board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥32.00 on the...Declared Dividend • Feb 01Dividend of JP¥32.00 announcedShareholders will receive a dividend of JP¥32.00. Ex-date: 29th June 2026 Payment date: 25th September 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 28% 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 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 31Second quarter 2026 earnings released: EPS: JP¥24.41 (vs JP¥26.57 in 2Q 2025)Second quarter 2026 results: EPS: JP¥24.41 (down from JP¥26.57 in 2Q 2025). Revenue: JP¥7.69b (up 6.2% from 2Q 2025). Net income: JP¥891.7m (down 7.9% from 2Q 2025). Profit margin: 12% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% 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 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.분석 기사 • Jan 30Is Now The Time To Put Avant Group (TSE:3836) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...공지 • Nov 29Avant Group Corporation to Report Q2, 2026 Results on Jan 30, 2026Avant Group Corporation announced that they will report Q2, 2026 results on Jan 30, 2026공지 • Nov 19Avant Group Corporation (TSE:3836) announces an Equity Buyback for 1,500,000 shares, representing 4.11% for ¥2,000 million.Avant Group Corporation (TSE: 3836) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 4.11% of its total outstanding shares, for ¥2,000 million. The purpose of the buyback is to enhance corporate value and return profits to shareholders. The repurchased shares will be cancelled. The program will expire on May 29, 2026. As of March 31, 2024, the company had 36,539,018 shares in issue (excluding treasury stock) and 1,106,833 shares in treasury.Reported Earnings • Nov 01First quarter 2026 earnings released: EPS: JP¥23.33 (vs JP¥16.88 in 1Q 2025)First quarter 2026 results: EPS: JP¥23.33 (up from JP¥16.88 in 1Q 2025). Revenue: JP¥7.52b (up 11% from 1Q 2025). Net income: JP¥852.0m (up 39% from 1Q 2025). Profit margin: 11% (up from 9.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Oct 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Outside Director Tatsuya Kamoi was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공지 • Sep 11Avant Group Corporation to Report Q1, 2026 Results on Oct 31, 2025Avant Group Corporation announced that they will report Q1, 2026 results on Oct 31, 2025분석 기사 • Aug 12Why Avant Group's (TSE:3836) Earnings Are Better Than They SeemAvant Group Corporation's ( TSE:3836 ) recent earnings report didn't offer any surprises, with the shares unchanged...Reported Earnings • Aug 07Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥94.13 (up from JP¥76.60 in FY 2024). Revenue: JP¥28.2b (up 16% from FY 2024). Net income: JP¥3.43b (up 21% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 11% p.a. on average during the next 2 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 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공지 • Aug 05Avant Group Corporation, Annual General Meeting, Sep 24, 2025Avant Group Corporation, Annual General Meeting, Sep 24, 2025.Upcoming Dividend • Jun 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).분석 기사 • Jun 15Avant Group (TSE:3836) Is Increasing Its Dividend To ¥25.00Avant Group Corporation ( TSE:3836 ) has announced that it will be increasing its dividend from last year's comparable...공지 • Jun 14Avant Group Corporation to Report Fiscal Year 2025 Results on Aug 05, 2025Avant Group Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Aug 05, 2025Reported Earnings • May 01Third quarter 2025 earnings released: EPS: JP¥18.80 (vs JP¥20.44 in 3Q 2024)Third quarter 2025 results: EPS: JP¥18.80 (down from JP¥20.44 in 3Q 2024). Revenue: JP¥6.93b (up 14% from 3Q 2024). Net income: JP¥686.0m (down 9.5% from 3Q 2024). Profit margin: 9.9% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.분석 기사 • Mar 13Avant Group (TSE:3836) Is Paying Out A Larger Dividend Than Last YearThe board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥25.00 on the...공지 • Mar 13Avant Group Corporation to Report Q3, 2025 Results on Apr 30, 2025Avant Group Corporation announced that they will report Q3, 2025 results on Apr 30, 2025분석 기사 • Feb 07Avant Group's (TSE:3836) Earnings May Just Be The Starting PointAvant Group Corporation ( TSE:3836 ) just reported healthy earnings but the stock price didn't move much. Investors are...분석 기사 • Feb 03Avant Group (TSE:3836) Will Pay A Larger Dividend Than Last Year At ¥25.00Avant Group Corporation's ( TSE:3836 ) dividend will be increasing from last year's payment of the same period to...Declared Dividend • Feb 03Dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th June 2025 Payment date: 26th September 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 01Second quarter 2025 earnings released: EPS: JP¥26.57 (vs JP¥19.67 in 2Q 2024)Second quarter 2025 results: EPS: JP¥26.57 (up from JP¥19.67 in 2Q 2024). Revenue: JP¥7.23b (up 19% from 2Q 2024). Net income: JP¥968.6m (up 32% from 2Q 2024). Profit margin: 13% (up from 12% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% 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 15% per year whereas the company’s share price has increased by 19% per year.공지 • Jan 03Avant Group Corporation to Report Q2, 2025 Results on Jan 31, 2025Avant Group Corporation announced that they will report Q2, 2025 results on Jan 31, 2025분석 기사 • Dec 05Are Investors Undervaluing Avant Group Corporation (TSE:3836) By 49%?Key Insights The projected fair value for Avant Group is JP¥3,748 based on 2 Stage Free Cash Flow to Equity Avant...Reported Earnings • Nov 02First quarter 2025 earnings released: EPS: JP¥16.87 (vs JP¥12.84 in 1Q 2024)First quarter 2025 results: EPS: JP¥16.87 (up from JP¥12.84 in 1Q 2024). Revenue: JP¥6.78b (up 20% from 1Q 2024). Net income: JP¥615.0m (up 28% from 1Q 2024). Profit margin: 9.1% (up from 8.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% 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 12% per year whereas the company’s share price has increased by 13% per year.공지 • Oct 02Avant Group Corporation to Report Q1, 2025 Results on Oct 31, 2024Avant Group Corporation announced that they will report Q1, 2025 results on Oct 31, 2024분석 기사 • Aug 19Avant Group Corporation (TSE:3836) Stocks Shoot Up 28% But Its P/E Still Looks ReasonableAvant Group Corporation ( TSE:3836 ) shareholders have had their patience rewarded with a 28% share price jump in the...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 6.5% 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.Reported Earnings • Aug 05Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥76.60 (up from JP¥55.64 in FY 2023). Revenue: JP¥24.4b (up 14% from FY 2023). Net income: JP¥2.85b (up 36% from FY 2023). Profit margin: 12% (up from 9.8% 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 8.4%. Revenue is forecast to grow 15% p.a. on average during the next 2 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 increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공지 • Aug 02Avant Group Corporation, Annual General Meeting, Sep 25, 2024Avant Group Corporation, Annual General Meeting, Sep 25, 2024.Upcoming Dividend • Jun 20Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%).분석 기사 • Jun 17Avant Group's (TSE:3836) Upcoming Dividend Will Be Larger Than Last Year'sAvant Group Corporation ( TSE:3836 ) will increase its dividend from last year's comparable payment on the 30th of...공지 • Jun 17Avant Group Corporation to Report Fiscal Year 2024 Results on Aug 02, 2024Avant Group Corporation announced that they will report fiscal year 2024 results on Aug 02, 2024분석 기사 • May 03Avant Group's (TSE:3836) Soft Earnings Don't Show The Whole PictureAvant Group Corporation's ( TSE:3836 ) stock was strong despite it releasing a soft earnings report last week. Our...Reported Earnings • Apr 28Third quarter 2024 earnings released: EPS: JP¥20.42 (vs JP¥19.37 in 3Q 2023)Third quarter 2024 results: EPS: JP¥20.42 (up from JP¥19.37 in 3Q 2023). Revenue: JP¥6.06b (up 7.1% from 3Q 2023). Net income: JP¥757.4m (up 3.9% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.0% 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 12% per year, which means it is significantly lagging earnings.공지 • Apr 27Avant Group Corporation (TSE:3836) announces an Equity Buyback for 1,200,000 shares, representing 3.24% for ¥1,000 million.Avant Group Corporation (TSE:3836) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 3.24% of its share capital, for ¥1,000 million. The purpose of the program is to to increase the value per share. The program will expire on November 30, 2024. As of March 31, 2024, the company had 36,990,553 shares in issue (excluding treasury stock) and 655,298 shares in treasury.분석 기사 • Apr 25Avant Group's (TSE:3836) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥19.00 on the...분석 기사 • Mar 28Avant Group (TSE:3836) Has Announced That It Will Be Increasing Its Dividend To ¥19.00The board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥19.00 on the...공지 • Mar 28Avant Group Corporation to Report Q3, 2024 Results on Apr 26, 2024Avant Group Corporation announced that they will report Q3, 2024 results on Apr 26, 2024분석 기사 • Feb 27Avant Group (TSE:3836) Has Announced That It Will Be Increasing Its Dividend To ¥19.00The board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥19.00 on the...Reported Earnings • Feb 03Second quarter 2024 earnings released: EPS: JP¥19.66 (vs JP¥20.51 in 2Q 2023)Second quarter 2024 results: EPS: JP¥19.66 (down from JP¥20.51 in 2Q 2023). Revenue: JP¥6.10b (up 11% from 2Q 2023). Net income: JP¥733.9m (down 4.9% from 2Q 2023). Profit margin: 12% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Declared Dividend • Feb 02Dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 27th June 2024 Payment date: 30th September 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 42% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 69% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Feb 01+ 1 more updateAvant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2024Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2024. For the year, company expects Net sales of JPY 24,000 million, Operating profit of JPY 3,850 million, Profit attributable to owners of parent of JPY 2,500 million and Net profit per share of JPY 66.89.공지 • Nov 30Avant Group Corporation to Report Q2, 2024 Results on Jan 31, 2024Avant Group Corporation announced that they will report Q2, 2024 results on Jan 31, 2024Reported Earnings • Nov 02First quarter 2024 earnings released: EPS: JP¥12.84 (vs JP¥9.84 in 1Q 2023)First quarter 2024 results: EPS: JP¥12.84 (up from JP¥9.84 in 1Q 2023). Revenue: JP¥5.65b (up 12% from 1Q 2023). Net income: JP¥482.0m (up 30% from 1Q 2023). Profit margin: 8.5% (up from 7.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% 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 11% per year whereas the company’s share price has increased by 6% per year.공지 • Sep 21Avant Group Corporation to Report Q1, 2024 Results on Oct 31, 2023Avant Group Corporation announced that they will report Q1, 2024 results on Oct 31, 2023Reported Earnings • Aug 08Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥55.64 (up from JP¥54.37 in FY 2022). Revenue: JP¥21.4b (up 14% from FY 2022). Net income: JP¥2.09b (up 2.4% from FY 2022). Profit margin: 9.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 4.7%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.공지 • Aug 06Avant Group Corporation, Annual General Meeting, Sep 27, 2023Avant Group Corporation, Annual General Meeting, Sep 27, 2023.Board Change • Jul 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Tsuyoshi Noshiro was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%).공지 • Jun 09Avant Group Corporation to Report Fiscal Year 2023 Results on Aug 04, 2023Avant Group Corporation announced that they will report fiscal year 2023 results on Aug 04, 2023Reported Earnings • Apr 29Third quarter 2023 earnings released: EPS: JP¥19.37 (vs JP¥18.79 in 3Q 2022)Third quarter 2023 results: EPS: JP¥19.37 (up from JP¥18.79 in 3Q 2022). Revenue: JP¥5.66b (up 13% from 3Q 2022). Net income: JP¥729.0m (up 3.1% from 3Q 2022). Profit margin: 13% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year.공지 • Feb 04+ 1 more updateAvant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2023. For the year, the company expects revenue of JPY 21,800 million, operating income of JPY 3,100 million, profit attributable to owners of parent company of JPY 2,030 million and net profit per share of JPY 53.93.Reported Earnings • Feb 01Second quarter 2023 earnings released: EPS: JP¥20.51 (vs JP¥16.03 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.51 (up from JP¥16.03 in 2Q 2022). Revenue: JP¥5.50b (up 17% from 2Q 2022). Net income: JP¥772.0m (up 28% from 2Q 2022). Profit margin: 14% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% 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 increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공지 • Dec 28Avant Group Corporation to Report Q2, 2023 Results on Jan 31, 2023Avant Group Corporation announced that they will report Q2, 2023 results on Jan 31, 2023Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,346, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 33% over the past three years.Reported Earnings • Nov 16First quarter 2023 earnings released: EPS: JP¥9.84 (vs JP¥6.97 in 1Q 2022)First quarter 2023 results: EPS: JP¥9.84 (up from JP¥6.97 in 1Q 2022). Revenue: JP¥5.03b (up 24% from 1Q 2022). Net income: JP¥370.0m (up 41% from 1Q 2022). Profit margin: 7.4% (up from 6.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% 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 increased by 16% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Nov 02First quarter 2023 earnings released: EPS: JP¥9.84 (vs JP¥6.97 in 1Q 2022)First quarter 2023 results: EPS: JP¥9.84 (up from JP¥6.97 in 1Q 2022). Revenue: JP¥5.03b (up 24% from 1Q 2022). Net income: JP¥370.0m (up 41% from 1Q 2022). Profit margin: 7.4% (up from 6.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공지 • Nov 01Avant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2023. For the period, the company expects revenue of ¥21,800 million, operating income of ¥3,100 million and profit attributable to owners of the parent company of ¥2,030 million or ¥53.96 per share.공지 • Oct 31Avant Group Corporation Provides Dividend Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided dividend guidance for the fiscal year ending June 30, 2023. For the period, the company expects a dividend of ¥15.00 per share against ¥13.00 per share a year ago.공지 • Sep 24Avant Corporation to Report Q1, 2023 Results on Oct 31, 2022Avant Corporation announced that they will report Q1, 2023 results on Oct 31, 2022Buying Opportunity • Aug 29Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥1,886, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 34% in the next 2 years.Reported Earnings • Aug 07Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: JP¥54.37 (up from JP¥50.22 in FY 2021). Revenue: JP¥18.7b (up 15% from FY 2021). Net income: JP¥2.05b (up 8.3% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 12%, compared to a 11% growth forecast for the 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 only increased by 6% per year, which means it is significantly lagging earnings growth.공지 • Aug 06Avant Corporation Provides Consolidated Earnings Forecast for the Full Year of Fiscal Year Ending March 31, 2023Avant Corporation provided consolidated earnings forecast for the full year of fiscal year ending March 31, 2023. For the full year, the company expected net sales to be JPY 21,800 million, Operating profit to be JPY 3,100 million, Profit attributable to owners of parent to be JPY 2,030 million and basic earnings per share to be JPY 53.96.공지 • Aug 05Avant Corporation Announces Year End Dividend for the Fiscal Year Ending June 30, 2022, Payable on September 28, 2022; Provides Year End Dividend Guidance for the Fiscal Year Ending June 30, 2023Avant Corporation announced year end dividend for the fiscal year ending June 30, 2022. For the period, the company announced dividend of JPY 13 per share compared to JPY 11 per share paid a year ago. The dividend will be payable on September 28, 2022. The company provided year end dividend guidance for the fiscal year ending June 30, 2023. For the period, the company expected year end dividend of JPY 15 per share compared to JPY 13 per share paid a year ago.공지 • Jun 22Avant Corporation, Annual General Meeting, Sep 27, 2022Avant Corporation, Annual General Meeting, Sep 27, 2022. Agenda: To consider to propose a change in its trade name and a partial change in its Articles of Incorporation.Upcoming Dividend • Jun 22Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).공지 • May 27Avant Corporation Provides Commemorative Dividend Guidance for the Fiscal Year Ending June 30, 2022Avant Corporation at an extraordinary meeting of Board of Directors held on May 26, 2022, provided commemorative Dividend guidance for the 25th Anniversary of the company of JPY 1.00 per share for the fiscal year ending June 30, 2022. Record date is June 30, 2022.Reported Earnings • Apr 30Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥18.79 (up from JP¥14.55 in 3Q 2021). Revenue: JP¥5.04b (up 18% from 3Q 2021). Net income: JP¥707.0m (up 29% from 3Q 2021). Profit margin: 14% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.2%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 10%, compared to a 7.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.공지 • Mar 29Avant Corporation to Report Q3, 2022 Results on May 06, 2022Avant Corporation announced that they will report Q3, 2022 results on May 06, 2022Buying Opportunity • Mar 28Now 20% undervaluedOver the last 90 days, the stock is up 5.1%. The fair value is estimated to be JP¥1,617, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% per annum over the last 3 years. Earnings per share has grown by 15% per annum over the last 3 years.Reported Earnings • Feb 02Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: JP¥16.04 (up from JP¥13.86 in 2Q 2021). Revenue: JP¥4.70b (up 17% from 2Q 2021). Net income: JP¥603.2m (up 16% from 2Q 2021). Profit margin: 13% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 7.1%, compared to a 7.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.공지 • Jan 31+ 1 more updateAvant Corporation Provides Dividend Forecast for the Fiscal Year Ending June 30, 2022Avant Corporation provided dividend forecast for the fiscal year ending June 30, 2022. For the year, the company expected dividend of JPY 12.00 as compared to JPY 11.0 paid of year 2021.Reported Earnings • Oct 31First quarter 2022 earnings released: EPS JP¥6.97 (vs JP¥8.06 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥4.05b (up 12% from 1Q 2021). Net income: JP¥262.0m (down 14% from 1Q 2021). Profit margin: 6.5% (down from 8.4% in 1Q 2021). The decrease in margin was driven by higher expenses. 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 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 11Full year 2021 earnings released: EPS JP¥50.33 (vs JP¥40.90 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥16.2b (up 3.5% from FY 2020). Net income: JP¥1.89b (up 23% from FY 2020). Profit margin: 12% (up from 9.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 24 September 2021. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (1.4%).Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to JP¥1,449, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 25x in the IT industry in Japan. Total returns to shareholders of 223% over the past three years.Reported Earnings • May 09Third quarter 2021 earnings released: EPS JP¥14.55 (vs JP¥9.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.27b (up 5.5% from 3Q 2020). Net income: JP¥547.0m (up 59% from 3Q 2020). Profit margin: 13% (up from 8.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.공지 • May 08+ 1 more updateAvant Corporation Provides Consolidated Earnings Forecast for the Fiscal Year Ending June 30, 2021Avant Corporation provided earnings forecast for the fiscal year ending June 30, 2021. For the year, the company expects net sales of JPY 16,110 million. Operating income is expected as JPY 2,520 million. Profit attributable to owners of parent company is expected as JPY 1,628 million. Net profit per share is expected as JPY 43.30.공지 • Apr 03Avant Corporation Provides Earnings Guidance for the Fiscal Year 2023Avant Corporation provided earnings guidance for the fiscal year 2023. For the year, the company expects revenue of JPY 18 billion to 22 billion and operating income of JPY 3.1 billion to 3.8 billion.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥1,623, the stock is trading at a trailing P/E ratio of 36.1x, up from the previous P/E ratio of 30.7x. This compares to an average P/E of 29x in the IT industry in Japan. Total returns to shareholders over the past three years are 241%.Reported Earnings • Jan 30Second quarter 2021 earnings released: EPS JP¥13.86 (vs JP¥9.02 in 2Q 2020)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥4.04b (flat on 2Q 2020). Net income: JP¥520.9m (up 54% from 2Q 2020). Profit margin: 13% (up from 8.4% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Jan 30Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 9.9%, compared to a 8.1% growth forecast for the IT industry in Japan.공지 • Jan 22AVANT Corporation Announces Strategic Alliance with MetapraxisAVANT Corporation announced that at the Board of Directors meeting held on January 20, 2021, it was resolved to form a capital and business alliance with Metapraxis. Under the agreement between AVANT Corporation and Metapraxis, the Avant Group collectively with Metapraxis will work on the development of the Japanese version of "Empower," the Metapraxis business intelligence technology, which specialises in assisting in planning, analysis, and visualising a company's financial performance, thereby promoting Digital Transformation (DX). Empower has been developed by Metapraxis and is marketed in the European and U.S. markets, and Avant will acquire an exclusive right to market the solution in Japan.Is New 90 Day High Low • Jan 21New 90-day high: JP¥1,256The company is up 6.0% from its price of JP¥1,186 on 23 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also up 6.0% over the same period.공지 • Dec 27Avant Corporation to Report Q2, 2021 Results on Jan 29, 2021Avant Corporation announced that they will report Q2, 2021 results on Jan 29, 2021공지 • Oct 01Avant Corporation to Report Q1, 2021 Results on Oct 30, 2020Avant Corporation announced that they will report Q1, 2021 results on Oct 30, 2020이익 및 매출 성장 예측TSE:3836 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/202838,3004,450N/AN/A16/30/202734,8004,000N/AN/A16/30/202631,5003,550N/AN/A13/31/202630,1163,7063,4603,790N/A12/31/202529,4183,5943,9814,170N/A9/30/202528,9673,6714,5314,752N/A6/30/202528,2273,4344,3374,469N/A3/31/202527,5513,1464,1764,247N/A12/31/202426,6883,2183,8244,182N/A9/30/202425,5492,9822,8593,260N/A6/30/202424,4192,8503,2983,680N/A3/31/202423,0432,1973,0053,528N/A12/31/202322,6432,1682,8283,241N/A9/30/202322,0452,2061,8092,538N/A6/30/202321,4242,0941,4282,175N/A3/31/202321,1042,3448121,549N/A12/31/202220,4752,3221,4102,025N/A9/30/202219,6812,1532,4492,708N/A6/30/202218,7032,0452,6193,026N/A3/31/202218,1132,0892,4102,987N/A12/31/202117,3501,9291,9402,595N/A9/30/202116,6821,8471,6692,316N/A6/30/202116,2361,8882,0182,561N/A3/31/202115,8161,8901,9482,381N/A12/31/202015,5941,6881,7992,153N/A9/30/202015,5781,5062,5132,903N/A6/30/202015,6911,5371,5331,890N/A3/31/202015,2961,3051,2231,523N/A12/31/201914,8781,349N/A1,526N/A9/30/201914,6111,414N/A829N/A6/30/201914,0771,317N/A1,320N/A3/31/201913,8911,349N/A1,309N/A12/31/201813,3541,272N/A1,142N/A9/30/201812,7461,137N/A990N/A6/30/201812,1101,062N/A1,159N/A3/31/201811,602973N/A1,248N/A12/31/201711,263911N/A708N/A9/30/201710,804642N/A703N/A6/30/201710,532663N/A1,070N/A3/31/201710,341726N/A743N/A12/31/201610,006594N/A1,301N/A9/30/20169,709713N/A1,541N/A6/30/20169,612660N/A1,135N/A3/31/20169,482393N/A1,086N/A12/31/20159,298398N/A1,083N/A9/30/20159,159448N/A721N/A6/30/20158,928402N/A471N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 3836 의 연간 예상 수익 증가율(9.4%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 3836 의 연간 수익(9.4%)이 JP 시장(10.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 3836 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 3836 의 수익(연간 10.5%)이 JP 시장(연간 5.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 3836 의 수익(연간 10.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 3836의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 04:15종가2026/05/07 00:00수익2026/03/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Avant Group Corporation는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullAstris Advisory Japan, K.K.Tetsuya NakamuraDaiwa Securities Co. Ltd.Yipeng YangGoldman Sachs1명의 분석가 더 보기
공지 • Feb 01+ 1 more updateAvant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2024Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2024. For the year, company expects Net sales of JPY 24,000 million, Operating profit of JPY 3,850 million, Profit attributable to owners of parent of JPY 2,500 million and Net profit per share of JPY 66.89.
공지 • Feb 04+ 1 more updateAvant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2023. For the year, the company expects revenue of JPY 21,800 million, operating income of JPY 3,100 million, profit attributable to owners of parent company of JPY 2,030 million and net profit per share of JPY 53.93.
공지 • Nov 01Avant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2023. For the period, the company expects revenue of ¥21,800 million, operating income of ¥3,100 million and profit attributable to owners of the parent company of ¥2,030 million or ¥53.96 per share.
공지 • Aug 06Avant Corporation Provides Consolidated Earnings Forecast for the Full Year of Fiscal Year Ending March 31, 2023Avant Corporation provided consolidated earnings forecast for the full year of fiscal year ending March 31, 2023. For the full year, the company expected net sales to be JPY 21,800 million, Operating profit to be JPY 3,100 million, Profit attributable to owners of parent to be JPY 2,030 million and basic earnings per share to be JPY 53.96.
공지 • May 08+ 1 more updateAvant Corporation Provides Consolidated Earnings Forecast for the Fiscal Year Ending June 30, 2021Avant Corporation provided earnings forecast for the fiscal year ending June 30, 2021. For the year, the company expects net sales of JPY 16,110 million. Operating income is expected as JPY 2,520 million. Profit attributable to owners of parent company is expected as JPY 1,628 million. Net profit per share is expected as JPY 43.30.
공지 • Apr 03Avant Corporation Provides Earnings Guidance for the Fiscal Year 2023Avant Corporation provided earnings guidance for the fiscal year 2023. For the year, the company expects revenue of JPY 18 billion to 22 billion and operating income of JPY 3.1 billion to 3.8 billion.
Reported Earnings • May 01Third quarter 2026 earnings released: EPS: JP¥22.39 (vs JP¥18.79 in 3Q 2025)Third quarter 2026 results: EPS: JP¥22.39 (up from JP¥18.79 in 3Q 2025). Revenue: JP¥7.63b (up 10% from 3Q 2025). Net income: JP¥798.0m (up 16% from 3Q 2025). Profit margin: 11% (in line with 3Q 2025). Revenue is forecast to grow 11% 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 22% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공지 • Apr 21Avant Group Corporation to Report Q3, 2026 Results on Apr 30, 2026Avant Group Corporation announced that they will report Q3, 2026 results on Apr 30, 2026
Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to JP¥1,362. The fair value is estimated to be JP¥1,705, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.
Buy Or Sell Opportunity • Mar 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to JP¥1,322. The fair value is estimated to be JP¥1,664, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.
Buy Or Sell Opportunity • Mar 03Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to JP¥1,311. The fair value is estimated to be JP¥1,642, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.
공지 • Feb 25Avant Group Corporation (TSE:3836) announces an Equity Buyback for 1,650,000 shares, representing 4.53% for ¥1,600 million.Avant Group Corporation (TSE:3836) announces a share repurchase program. Under the program, the company will repurchase up to 1,650,000 shares, representing 4.53% of its total outstanding shares, for ¥1,600 million. The purpose of the buyback is to enhance corporate value and return profits to shareholders. The repurchased shares will be cancelled. The program will expire on May 29, 2026. As of December 31, 2025, the company had 36,438,852 shares in issue (excluding treasury stock) and 1,206,999 shares in treasury.
분석 기사 • Feb 11We Like The Quality Of Avant Group's (TSE:3836) EarningsThe stock was sluggish on the back of Avant Group Corporation's ( TSE:3836 ) recent earnings report. Our analysis...
Buy Or Sell Opportunity • Feb 02Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to JP¥1,563. The fair value is estimated to be JP¥2,045, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.
분석 기사 • Feb 02Avant Group's (TSE:3836) Dividend Will Be Increased To ¥32.00The board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥32.00 on the...
Declared Dividend • Feb 01Dividend of JP¥32.00 announcedShareholders will receive a dividend of JP¥32.00. Ex-date: 29th June 2026 Payment date: 25th September 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 28% 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 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 31Second quarter 2026 earnings released: EPS: JP¥24.41 (vs JP¥26.57 in 2Q 2025)Second quarter 2026 results: EPS: JP¥24.41 (down from JP¥26.57 in 2Q 2025). Revenue: JP¥7.69b (up 6.2% from 2Q 2025). Net income: JP¥891.7m (down 7.9% from 2Q 2025). Profit margin: 12% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% 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 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jan 30Is Now The Time To Put Avant Group (TSE:3836) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
공지 • Nov 29Avant Group Corporation to Report Q2, 2026 Results on Jan 30, 2026Avant Group Corporation announced that they will report Q2, 2026 results on Jan 30, 2026
공지 • Nov 19Avant Group Corporation (TSE:3836) announces an Equity Buyback for 1,500,000 shares, representing 4.11% for ¥2,000 million.Avant Group Corporation (TSE: 3836) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 4.11% of its total outstanding shares, for ¥2,000 million. The purpose of the buyback is to enhance corporate value and return profits to shareholders. The repurchased shares will be cancelled. The program will expire on May 29, 2026. As of March 31, 2024, the company had 36,539,018 shares in issue (excluding treasury stock) and 1,106,833 shares in treasury.
Reported Earnings • Nov 01First quarter 2026 earnings released: EPS: JP¥23.33 (vs JP¥16.88 in 1Q 2025)First quarter 2026 results: EPS: JP¥23.33 (up from JP¥16.88 in 1Q 2025). Revenue: JP¥7.52b (up 11% from 1Q 2025). Net income: JP¥852.0m (up 39% from 1Q 2025). Profit margin: 11% (up from 9.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Oct 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Outside Director Tatsuya Kamoi was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공지 • Sep 11Avant Group Corporation to Report Q1, 2026 Results on Oct 31, 2025Avant Group Corporation announced that they will report Q1, 2026 results on Oct 31, 2025
분석 기사 • Aug 12Why Avant Group's (TSE:3836) Earnings Are Better Than They SeemAvant Group Corporation's ( TSE:3836 ) recent earnings report didn't offer any surprises, with the shares unchanged...
Reported Earnings • Aug 07Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥94.13 (up from JP¥76.60 in FY 2024). Revenue: JP¥28.2b (up 16% from FY 2024). Net income: JP¥3.43b (up 21% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 11% p.a. on average during the next 2 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 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공지 • Aug 05Avant Group Corporation, Annual General Meeting, Sep 24, 2025Avant Group Corporation, Annual General Meeting, Sep 24, 2025.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%).
분석 기사 • Jun 15Avant Group (TSE:3836) Is Increasing Its Dividend To ¥25.00Avant Group Corporation ( TSE:3836 ) has announced that it will be increasing its dividend from last year's comparable...
공지 • Jun 14Avant Group Corporation to Report Fiscal Year 2025 Results on Aug 05, 2025Avant Group Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Aug 05, 2025
Reported Earnings • May 01Third quarter 2025 earnings released: EPS: JP¥18.80 (vs JP¥20.44 in 3Q 2024)Third quarter 2025 results: EPS: JP¥18.80 (down from JP¥20.44 in 3Q 2024). Revenue: JP¥6.93b (up 14% from 3Q 2024). Net income: JP¥686.0m (down 9.5% from 3Q 2024). Profit margin: 9.9% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.
분석 기사 • Mar 13Avant Group (TSE:3836) Is Paying Out A Larger Dividend Than Last YearThe board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥25.00 on the...
공지 • Mar 13Avant Group Corporation to Report Q3, 2025 Results on Apr 30, 2025Avant Group Corporation announced that they will report Q3, 2025 results on Apr 30, 2025
분석 기사 • Feb 07Avant Group's (TSE:3836) Earnings May Just Be The Starting PointAvant Group Corporation ( TSE:3836 ) just reported healthy earnings but the stock price didn't move much. Investors are...
분석 기사 • Feb 03Avant Group (TSE:3836) Will Pay A Larger Dividend Than Last Year At ¥25.00Avant Group Corporation's ( TSE:3836 ) dividend will be increasing from last year's payment of the same period to...
Declared Dividend • Feb 03Dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th June 2025 Payment date: 26th September 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 01Second quarter 2025 earnings released: EPS: JP¥26.57 (vs JP¥19.67 in 2Q 2024)Second quarter 2025 results: EPS: JP¥26.57 (up from JP¥19.67 in 2Q 2024). Revenue: JP¥7.23b (up 19% from 2Q 2024). Net income: JP¥968.6m (up 32% from 2Q 2024). Profit margin: 13% (up from 12% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% 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 15% per year whereas the company’s share price has increased by 19% per year.
공지 • Jan 03Avant Group Corporation to Report Q2, 2025 Results on Jan 31, 2025Avant Group Corporation announced that they will report Q2, 2025 results on Jan 31, 2025
분석 기사 • Dec 05Are Investors Undervaluing Avant Group Corporation (TSE:3836) By 49%?Key Insights The projected fair value for Avant Group is JP¥3,748 based on 2 Stage Free Cash Flow to Equity Avant...
Reported Earnings • Nov 02First quarter 2025 earnings released: EPS: JP¥16.87 (vs JP¥12.84 in 1Q 2024)First quarter 2025 results: EPS: JP¥16.87 (up from JP¥12.84 in 1Q 2024). Revenue: JP¥6.78b (up 20% from 1Q 2024). Net income: JP¥615.0m (up 28% from 1Q 2024). Profit margin: 9.1% (up from 8.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% 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 12% per year whereas the company’s share price has increased by 13% per year.
공지 • Oct 02Avant Group Corporation to Report Q1, 2025 Results on Oct 31, 2024Avant Group Corporation announced that they will report Q1, 2025 results on Oct 31, 2024
분석 기사 • Aug 19Avant Group Corporation (TSE:3836) Stocks Shoot Up 28% But Its P/E Still Looks ReasonableAvant Group Corporation ( TSE:3836 ) shareholders have had their patience rewarded with a 28% share price jump in the...
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 6.5% 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.
Reported Earnings • Aug 05Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥76.60 (up from JP¥55.64 in FY 2023). Revenue: JP¥24.4b (up 14% from FY 2023). Net income: JP¥2.85b (up 36% from FY 2023). Profit margin: 12% (up from 9.8% 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 8.4%. Revenue is forecast to grow 15% p.a. on average during the next 2 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 increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공지 • Aug 02Avant Group Corporation, Annual General Meeting, Sep 25, 2024Avant Group Corporation, Annual General Meeting, Sep 25, 2024.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%).
분석 기사 • Jun 17Avant Group's (TSE:3836) Upcoming Dividend Will Be Larger Than Last Year'sAvant Group Corporation ( TSE:3836 ) will increase its dividend from last year's comparable payment on the 30th of...
공지 • Jun 17Avant Group Corporation to Report Fiscal Year 2024 Results on Aug 02, 2024Avant Group Corporation announced that they will report fiscal year 2024 results on Aug 02, 2024
분석 기사 • May 03Avant Group's (TSE:3836) Soft Earnings Don't Show The Whole PictureAvant Group Corporation's ( TSE:3836 ) stock was strong despite it releasing a soft earnings report last week. Our...
Reported Earnings • Apr 28Third quarter 2024 earnings released: EPS: JP¥20.42 (vs JP¥19.37 in 3Q 2023)Third quarter 2024 results: EPS: JP¥20.42 (up from JP¥19.37 in 3Q 2023). Revenue: JP¥6.06b (up 7.1% from 3Q 2023). Net income: JP¥757.4m (up 3.9% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.0% 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 12% per year, which means it is significantly lagging earnings.
공지 • Apr 27Avant Group Corporation (TSE:3836) announces an Equity Buyback for 1,200,000 shares, representing 3.24% for ¥1,000 million.Avant Group Corporation (TSE:3836) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 3.24% of its share capital, for ¥1,000 million. The purpose of the program is to to increase the value per share. The program will expire on November 30, 2024. As of March 31, 2024, the company had 36,990,553 shares in issue (excluding treasury stock) and 655,298 shares in treasury.
분석 기사 • Apr 25Avant Group's (TSE:3836) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥19.00 on the...
분석 기사 • Mar 28Avant Group (TSE:3836) Has Announced That It Will Be Increasing Its Dividend To ¥19.00The board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥19.00 on the...
공지 • Mar 28Avant Group Corporation to Report Q3, 2024 Results on Apr 26, 2024Avant Group Corporation announced that they will report Q3, 2024 results on Apr 26, 2024
분석 기사 • Feb 27Avant Group (TSE:3836) Has Announced That It Will Be Increasing Its Dividend To ¥19.00The board of Avant Group Corporation ( TSE:3836 ) has announced that it will be paying its dividend of ¥19.00 on the...
Reported Earnings • Feb 03Second quarter 2024 earnings released: EPS: JP¥19.66 (vs JP¥20.51 in 2Q 2023)Second quarter 2024 results: EPS: JP¥19.66 (down from JP¥20.51 in 2Q 2023). Revenue: JP¥6.10b (up 11% from 2Q 2023). Net income: JP¥733.9m (down 4.9% from 2Q 2023). Profit margin: 12% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Declared Dividend • Feb 02Dividend of JP¥19.00 announcedShareholders will receive a dividend of JP¥19.00. Ex-date: 27th June 2024 Payment date: 30th September 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 42% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 69% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Feb 01+ 1 more updateAvant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2024Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2024. For the year, company expects Net sales of JPY 24,000 million, Operating profit of JPY 3,850 million, Profit attributable to owners of parent of JPY 2,500 million and Net profit per share of JPY 66.89.
공지 • Nov 30Avant Group Corporation to Report Q2, 2024 Results on Jan 31, 2024Avant Group Corporation announced that they will report Q2, 2024 results on Jan 31, 2024
Reported Earnings • Nov 02First quarter 2024 earnings released: EPS: JP¥12.84 (vs JP¥9.84 in 1Q 2023)First quarter 2024 results: EPS: JP¥12.84 (up from JP¥9.84 in 1Q 2023). Revenue: JP¥5.65b (up 12% from 1Q 2023). Net income: JP¥482.0m (up 30% from 1Q 2023). Profit margin: 8.5% (up from 7.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% 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 11% per year whereas the company’s share price has increased by 6% per year.
공지 • Sep 21Avant Group Corporation to Report Q1, 2024 Results on Oct 31, 2023Avant Group Corporation announced that they will report Q1, 2024 results on Oct 31, 2023
Reported Earnings • Aug 08Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥55.64 (up from JP¥54.37 in FY 2022). Revenue: JP¥21.4b (up 14% from FY 2022). Net income: JP¥2.09b (up 2.4% from FY 2022). Profit margin: 9.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 4.7%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.
공지 • Aug 06Avant Group Corporation, Annual General Meeting, Sep 27, 2023Avant Group Corporation, Annual General Meeting, Sep 27, 2023.
Board Change • Jul 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Tsuyoshi Noshiro was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥15.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%).
공지 • Jun 09Avant Group Corporation to Report Fiscal Year 2023 Results on Aug 04, 2023Avant Group Corporation announced that they will report fiscal year 2023 results on Aug 04, 2023
Reported Earnings • Apr 29Third quarter 2023 earnings released: EPS: JP¥19.37 (vs JP¥18.79 in 3Q 2022)Third quarter 2023 results: EPS: JP¥19.37 (up from JP¥18.79 in 3Q 2022). Revenue: JP¥5.66b (up 13% from 3Q 2022). Net income: JP¥729.0m (up 3.1% from 3Q 2022). Profit margin: 13% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year.
공지 • Feb 04+ 1 more updateAvant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2023. For the year, the company expects revenue of JPY 21,800 million, operating income of JPY 3,100 million, profit attributable to owners of parent company of JPY 2,030 million and net profit per share of JPY 53.93.
Reported Earnings • Feb 01Second quarter 2023 earnings released: EPS: JP¥20.51 (vs JP¥16.03 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.51 (up from JP¥16.03 in 2Q 2022). Revenue: JP¥5.50b (up 17% from 2Q 2022). Net income: JP¥772.0m (up 28% from 2Q 2022). Profit margin: 14% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% 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 increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공지 • Dec 28Avant Group Corporation to Report Q2, 2023 Results on Jan 31, 2023Avant Group Corporation announced that they will report Q2, 2023 results on Jan 31, 2023
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,346, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 33% over the past three years.
Reported Earnings • Nov 16First quarter 2023 earnings released: EPS: JP¥9.84 (vs JP¥6.97 in 1Q 2022)First quarter 2023 results: EPS: JP¥9.84 (up from JP¥6.97 in 1Q 2022). Revenue: JP¥5.03b (up 24% from 1Q 2022). Net income: JP¥370.0m (up 41% from 1Q 2022). Profit margin: 7.4% (up from 6.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% 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 increased by 16% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Nov 02First quarter 2023 earnings released: EPS: JP¥9.84 (vs JP¥6.97 in 1Q 2022)First quarter 2023 results: EPS: JP¥9.84 (up from JP¥6.97 in 1Q 2022). Revenue: JP¥5.03b (up 24% from 1Q 2022). Net income: JP¥370.0m (up 41% from 1Q 2022). Profit margin: 7.4% (up from 6.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공지 • Nov 01Avant Group Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided consolidated earnings guidance for the fiscal year ending June 30, 2023. For the period, the company expects revenue of ¥21,800 million, operating income of ¥3,100 million and profit attributable to owners of the parent company of ¥2,030 million or ¥53.96 per share.
공지 • Oct 31Avant Group Corporation Provides Dividend Guidance for the Fiscal Year Ending June 30, 2023Avant Group Corporation provided dividend guidance for the fiscal year ending June 30, 2023. For the period, the company expects a dividend of ¥15.00 per share against ¥13.00 per share a year ago.
공지 • Sep 24Avant Corporation to Report Q1, 2023 Results on Oct 31, 2022Avant Corporation announced that they will report Q1, 2023 results on Oct 31, 2022
Buying Opportunity • Aug 29Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥1,886, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 34% in the next 2 years.
Reported Earnings • Aug 07Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: JP¥54.37 (up from JP¥50.22 in FY 2021). Revenue: JP¥18.7b (up 15% from FY 2021). Net income: JP¥2.05b (up 8.3% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 12%, compared to a 11% growth forecast for the 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 only increased by 6% per year, which means it is significantly lagging earnings growth.
공지 • Aug 06Avant Corporation Provides Consolidated Earnings Forecast for the Full Year of Fiscal Year Ending March 31, 2023Avant Corporation provided consolidated earnings forecast for the full year of fiscal year ending March 31, 2023. For the full year, the company expected net sales to be JPY 21,800 million, Operating profit to be JPY 3,100 million, Profit attributable to owners of parent to be JPY 2,030 million and basic earnings per share to be JPY 53.96.
공지 • Aug 05Avant Corporation Announces Year End Dividend for the Fiscal Year Ending June 30, 2022, Payable on September 28, 2022; Provides Year End Dividend Guidance for the Fiscal Year Ending June 30, 2023Avant Corporation announced year end dividend for the fiscal year ending June 30, 2022. For the period, the company announced dividend of JPY 13 per share compared to JPY 11 per share paid a year ago. The dividend will be payable on September 28, 2022. The company provided year end dividend guidance for the fiscal year ending June 30, 2023. For the period, the company expected year end dividend of JPY 15 per share compared to JPY 13 per share paid a year ago.
공지 • Jun 22Avant Corporation, Annual General Meeting, Sep 27, 2022Avant Corporation, Annual General Meeting, Sep 27, 2022. Agenda: To consider to propose a change in its trade name and a partial change in its Articles of Incorporation.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).
공지 • May 27Avant Corporation Provides Commemorative Dividend Guidance for the Fiscal Year Ending June 30, 2022Avant Corporation at an extraordinary meeting of Board of Directors held on May 26, 2022, provided commemorative Dividend guidance for the 25th Anniversary of the company of JPY 1.00 per share for the fiscal year ending June 30, 2022. Record date is June 30, 2022.
Reported Earnings • Apr 30Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥18.79 (up from JP¥14.55 in 3Q 2021). Revenue: JP¥5.04b (up 18% from 3Q 2021). Net income: JP¥707.0m (up 29% from 3Q 2021). Profit margin: 14% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.2%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 10%, compared to a 7.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.
공지 • Mar 29Avant Corporation to Report Q3, 2022 Results on May 06, 2022Avant Corporation announced that they will report Q3, 2022 results on May 06, 2022
Buying Opportunity • Mar 28Now 20% undervaluedOver the last 90 days, the stock is up 5.1%. The fair value is estimated to be JP¥1,617, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% per annum over the last 3 years. Earnings per share has grown by 15% per annum over the last 3 years.
Reported Earnings • Feb 02Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: JP¥16.04 (up from JP¥13.86 in 2Q 2021). Revenue: JP¥4.70b (up 17% from 2Q 2021). Net income: JP¥603.2m (up 16% from 2Q 2021). Profit margin: 13% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 7.1%, compared to a 7.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Jan 31+ 1 more updateAvant Corporation Provides Dividend Forecast for the Fiscal Year Ending June 30, 2022Avant Corporation provided dividend forecast for the fiscal year ending June 30, 2022. For the year, the company expected dividend of JPY 12.00 as compared to JPY 11.0 paid of year 2021.
Reported Earnings • Oct 31First quarter 2022 earnings released: EPS JP¥6.97 (vs JP¥8.06 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥4.05b (up 12% from 1Q 2021). Net income: JP¥262.0m (down 14% from 1Q 2021). Profit margin: 6.5% (down from 8.4% in 1Q 2021). The decrease in margin was driven by higher expenses. 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 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 11Full year 2021 earnings released: EPS JP¥50.33 (vs JP¥40.90 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥16.2b (up 3.5% from FY 2020). Net income: JP¥1.89b (up 23% from FY 2020). Profit margin: 12% (up from 9.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 24 September 2021. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (1.4%).
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to JP¥1,449, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 25x in the IT industry in Japan. Total returns to shareholders of 223% over the past three years.
Reported Earnings • May 09Third quarter 2021 earnings released: EPS JP¥14.55 (vs JP¥9.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.27b (up 5.5% from 3Q 2020). Net income: JP¥547.0m (up 59% from 3Q 2020). Profit margin: 13% (up from 8.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
공지 • May 08+ 1 more updateAvant Corporation Provides Consolidated Earnings Forecast for the Fiscal Year Ending June 30, 2021Avant Corporation provided earnings forecast for the fiscal year ending June 30, 2021. For the year, the company expects net sales of JPY 16,110 million. Operating income is expected as JPY 2,520 million. Profit attributable to owners of parent company is expected as JPY 1,628 million. Net profit per share is expected as JPY 43.30.
공지 • Apr 03Avant Corporation Provides Earnings Guidance for the Fiscal Year 2023Avant Corporation provided earnings guidance for the fiscal year 2023. For the year, the company expects revenue of JPY 18 billion to 22 billion and operating income of JPY 3.1 billion to 3.8 billion.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥1,623, the stock is trading at a trailing P/E ratio of 36.1x, up from the previous P/E ratio of 30.7x. This compares to an average P/E of 29x in the IT industry in Japan. Total returns to shareholders over the past three years are 241%.
Reported Earnings • Jan 30Second quarter 2021 earnings released: EPS JP¥13.86 (vs JP¥9.02 in 2Q 2020)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥4.04b (flat on 2Q 2020). Net income: JP¥520.9m (up 54% from 2Q 2020). Profit margin: 13% (up from 8.4% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 9.9%, compared to a 8.1% growth forecast for the IT industry in Japan.
공지 • Jan 22AVANT Corporation Announces Strategic Alliance with MetapraxisAVANT Corporation announced that at the Board of Directors meeting held on January 20, 2021, it was resolved to form a capital and business alliance with Metapraxis. Under the agreement between AVANT Corporation and Metapraxis, the Avant Group collectively with Metapraxis will work on the development of the Japanese version of "Empower," the Metapraxis business intelligence technology, which specialises in assisting in planning, analysis, and visualising a company's financial performance, thereby promoting Digital Transformation (DX). Empower has been developed by Metapraxis and is marketed in the European and U.S. markets, and Avant will acquire an exclusive right to market the solution in Japan.
Is New 90 Day High Low • Jan 21New 90-day high: JP¥1,256The company is up 6.0% from its price of JP¥1,186 on 23 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also up 6.0% over the same period.
공지 • Dec 27Avant Corporation to Report Q2, 2021 Results on Jan 29, 2021Avant Corporation announced that they will report Q2, 2021 results on Jan 29, 2021
공지 • Oct 01Avant Corporation to Report Q1, 2021 Results on Oct 30, 2020Avant Corporation announced that they will report Q1, 2021 results on Oct 30, 2020