How does 4I5's PE Ratio compare to its peers?

4I5 is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the peer average (11.4x).

How does 4I5's PE Ratio compare vs other companies in the European Professional Services Industry?

4I5 is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the European Professional Services industry average (18.6x).

What is 4I5's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 4I5's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 4I5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

4I5 (€6.4) is trading below our estimate of [[fair value]] (€10.29)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

4I5 Stock Overview

Provides personnel management services for mechanical and electrical engineers in Japan. More details

4I5 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 37.8% below our estimate of its fair value

Earnings are forecast to grow 11.81% per year

Risk Analysis

Less than 3 years of financial data is available

My Notes

Capture your thoughts, links and company narrative

Forum Engineering Inc. Competitors

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€721.8m

Befesa

XTRA:BFSA

€826.4m

Bilfinger

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€1.7b

Price History & Performance

Summary of share price highs, lows and changes for Forum Engineering
Historical stock prices
Current Share Price	JP¥6.40
52 Week High	JP¥6.45
52 Week Low	JP¥5.15
Beta	0.37
1 Month Change	7.56%
3 Month Change	13.27%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	8.79%

Recent updates

Shareholder Returns

	4I5	DE Professional Services	DE Market
7D	0.8%	0.4%	0.7%
1Y	n/a	-50.2%	8.4%

Return vs Industry: Insufficient data to determine how 4I5 performed against the German Professional Services industry.

Return vs Market: Insufficient data to determine how 4I5 performed against the German Market.

Price Volatility

Is 4I5's price volatile compared to industry and market?
4I5 volatility
4I5 Average Weekly Movement	3.6%
Professional Services Industry Average Movement	5.9%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	12.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 4I5 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine 4I5's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1981	4,392	Tsutomu Sato	www.forumeng.co.jp

Forum Engineering Inc. provides personnel management services for mechanical and electrical engineers in Japan. The company offers engineer staffing services specialized in mechanical and electrical engineering, and IT; recruitment and career changing services; job placement services; and corporate training services. Forum Engineering Inc. was incorporated in 1981 and is headquartered in Tokyo, Japan.

Forum Engineering Inc. Fundamentals Summary

How do Forum Engineering's earnings and revenue compare to its market cap?
4I5 fundamental statistics
Market cap	€337.70m
Earnings (TTM)	€15.80m
Revenue (TTM)	€203.10m

21.4x

P/E Ratio

1.7x

P/S Ratio

Is 4I5 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
4I5 income statement (TTM)
Revenue	JP¥32.93b
Cost of Revenue	JP¥23.08b
Gross Profit	JP¥9.85b
Other Expenses	JP¥7.29b
Earnings	JP¥2.56b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 07, 2025

Earnings per share (EPS)	48.88
Gross Margin	29.91%
Net Profit Margin	7.78%
Debt/Equity Ratio	0%

How did 4I5 perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

76%

Payout Ratio

Does 4I5 pay a reliable dividends?

See 4I5 dividend history and benchmarks

When do you need to buy 4I5 by to receive an upcoming dividend?
Forum Engineering dividend dates
Ex Dividend Date	Mar 28 2025
Dividend Pay Date	Jun 26 2025
Days until Ex dividend	83 days
Days until Dividend pay date	173 days

Does 4I5 pay a reliable dividends?

See 4I5 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/03 02:05
End of Day Share Price	2025/01/03 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Forum Engineering Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hiroshi Naya	Ichiyoshi Research Institute Inc.

Forum Engineering DB:4I5 Stock Report