3964 Stock Overview
Aucnet Inc. provides information distribution services for auctions.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥2,167.00|
|52 Week High||JP¥2,574.00|
|52 Week Low||JP¥1,403.00|
|1 Month Change||0.14%|
|3 Month Change||7.76%|
|1 Year Change||-5.21%|
|3 Year Change||56.80%|
|5 Year Change||51.43%|
|Change since IPO||75.47%|
Recent News & Updates
|3964||JP Online Retail||JP Market|
Return vs Industry: 3964 exceeded the JP Online Retail industry which returned -39% over the past year.
Return vs Market: 3964 exceeded the JP Market which returned -8.8% over the past year.
|3964 Average Weekly Movement||5.6%|
|Online Retail Industry Average Movement||5.5%|
|Market Average Movement||3.5%|
|10% most volatile stocks in JP Market||7.4%|
|10% least volatile stocks in JP Market||1.8%|
Stable Share Price: 3964 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3964's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.
About the Company
Aucnet Inc. provides information distribution services for auctions. It operates through Automobile Business, Digital Product Business, and Consumer Product Business segments. The Automobile Business segment is involved in the vehicle auctions, shared inventory market, and live-linked auction; and provision of proxy bidding service, used vehicle inspection service, and other services.
Aucnet Fundamentals Summary
|3964 fundamental statistics|
Is 3964 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3964 income statement (TTM)|
|Cost of Revenue||JP¥21.55b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 08, 2022
|Earnings per share (EPS)||142.28|
|Net Profit Margin||9.58%|
How did 3964 perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Does 3964 pay a reliable dividends?See 3964 dividend history and benchmarks
|Aucnet dividend dates|
|Ex Dividend Date||Dec 29 2022|
|Dividend Pay Date||Mar 08 2023|
|Days until Ex dividend||91 days|
|Days until Dividend pay date||160 days|
Does 3964 pay a reliable dividends?See 3964 dividend history and benchmarks
Is 3964 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3964?
Other financial metrics that can be useful for relative valuation.
|What is 3964's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 3964's PE Ratio compare to its peers?
|3964 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
3540 C.I. MedicalLtd
3678 MEDIA DO
3319 Golf Digest Online
Price-To-Earnings vs Peers: 3964 is expensive based on its Price-To-Earnings Ratio (15.2x) compared to the peer average (15.2x).
Price to Earnings Ratio vs Industry
How does 3964's PE Ratio compare vs other companies in the JP Online Retail Industry?
Price-To-Earnings vs Industry: 3964 is good value based on its Price-To-Earnings Ratio (15.2x) compared to the JP Online Retail industry average (16.6x)
Price to Earnings Ratio vs Fair Ratio
What is 3964'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.
|Current PE Ratio||15.2x|
|Fair PE Ratio||15.3x|
Price-To-Earnings vs Fair Ratio: 3964 is good value based on its Price-To-Earnings Ratio (15.2x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).
Share Price vs Fair Value
What is the Fair Price of 3964 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3964 (¥2167) is trading below our estimate of fair value (¥3116.09)
Significantly Below Fair Value: 3964 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is Aucnet forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3964's forecast earnings growth (9.2% per year) is above the savings rate (0.04%).
Earnings vs Market: 3964's earnings (9.2% per year) are forecast to grow faster than the JP market (8.5% per year).
High Growth Earnings: 3964's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3964's revenue (6.3% per year) is forecast to grow faster than the JP market (4.2% per year).
High Growth Revenue: 3964's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3964's Return on Equity is forecast to be low in 3 years time (17.5%).
Discover growth companies
How has Aucnet performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3964 has high quality earnings.
Growing Profit Margin: 3964's current net profit margins (9.6%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: 3964's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: 3964's earnings growth over the past year (15.2%) is below its 5-year average (16.6% per year).
Earnings vs Industry: 3964 earnings growth over the past year (15.2%) exceeded the Online Retail industry -11.5%.
Return on Equity
High ROE: 3964's Return on Equity (15.6%) is considered low.
Discover strong past performing companies
How is Aucnet's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3964's short term assets (¥36.0B) exceed its short term liabilities (¥15.2B).
Long Term Liabilities: 3964's short term assets (¥36.0B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 3964 is debt free.
Reducing Debt: 3964 had no debt 5 years ago.
Debt Coverage: 3964 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3964 has no debt, therefore coverage of interest payments is not a concern.
Discover healthy companies
What is Aucnet current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
|Aucnet Dividend Yield vs Market|
|Market Bottom 25% (JP)||1.7%|
|Market Top 25% (JP)||3.7%|
|Industry Average (Online Retail)||1.4%|
|Analyst forecast in 3 Years (Aucnet)||2.5%|
Notable Dividend: 3964's dividend (2.12%) is higher than the bottom 25% of dividend payers in the JP market (1.66%).
High Dividend: 3964's dividend (2.12%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
Stability and Growth of Payments
Stable Dividend: 3964 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3964's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3%), 3964's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), 3964's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kiyotaka Fujisaki (70 yo)
Mr. Kiyotaka Fujisaki has been Representative Director and Chairman of the board since 2020 and serves as its Chief Executive Officer. He earlier served as President and Chief Executive Officer of Aucnet,...
CEO Compensation Analysis
|Kiyotaka Fujisaki's Compensation vs Aucnet Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||n/a||n/a|
|Dec 31 2015||JP¥134m||JP¥54m|
Compensation vs Market: Insufficient data to establish whether Kiyotaka's total compensation is reasonable compared to companies of similar size in the JP market.
Compensation vs Earnings: Insufficient data to compare Kiyotaka's compensation with company performance.
Experienced Management: 3964's management team is considered experienced (2.7 years average tenure).
Experienced Board: 3964's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Aucnet Inc.'s employee growth, exchange listings and data sources
- Name: Aucnet Inc.
- Ticker: 3964
- Exchange: TSE
- Founded: 1982
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Implied Market Cap: JP¥56.491b
- Shares outstanding: 26.07m
- Website: https://www.aucnet.co.jp
Number of Employees
- Aucnet Inc.
- Aoyama OM Square
- 5-8 Kita-Aoyama 2-chome
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3964||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Mar 2017|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/28 00:00|
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.