| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
2323 Stock Overview
fonfun corporation provides content services for internet-compatible mobile phones.
fonfun Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥282.00 |
| 52 Week High | JP¥535.00 |
| 52 Week Low | JP¥280.00 |
| Beta | 0.40 |
| 1 Month Change | -2.42% |
| 3 Month Change | -1.40% |
| 1 Year Change | -42.68% |
| 3 Year Change | -26.75% |
| 5 Year Change | -16.07% |
| Change since IPO | -91.94% |
Recent News & Updates
Shareholder Returns
| 2323 | JP Software | JP Market | |
|---|---|---|---|
| 7D | -2.1% | 4.3% | 1.5% |
| 1Y | -42.7% | -23.0% | -2.7% |
Return vs Industry: 2323 underperformed the JP Software industry which returned -24.7% over the past year.
Return vs Market: 2323 underperformed the JP Market which returned -2.9% over the past year.
Price Volatility
| 2323 volatility | |
|---|---|
| 2323 Average Weekly Movement | 3.5% |
| Software Industry Average Movement | 6.7% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in JP Market | 8.9% |
| 10% least volatile stocks in JP Market | 2.5% |
Stable Share Price: 2323 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 2323's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 19 | Kazuyuki Hayashi | https://www.fonfun.co.jp |
fonfun corporation provides content services for internet-compatible mobile phones. It offers Remote mail (personal version), an email service; Remote mail (corporate service), a service to view and send and receive company emails from mobile phones, smartphones, and tablets; Remote catalog, a solution to convert Word, Excel, PowerPoint, and PDF files to image files; Remote browsing, a gateway service to access business servers from terminals; and Remote business card BizCompass, a solution to convert scanned business cards into data. It also provides Remote talk, a business chat; fonfun Any Clutch remote, a service to access and operate its PC from laptop, smartphone, and tablet; and Voice mail, a business communication tool.
fonfun Fundamentals Summary
| 2323 fundamental statistics | |
|---|---|
| Market Cap | JP¥940.69m |
| Earnings (TTM) | -JP¥17.00m |
| Revenue (TTM) | JP¥556.00m |
1.7x
P/S Ratio-55.3x
P/E RatioIs 2323 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2323 income statement (TTM) | |
|---|---|
| Revenue | JP¥556.00m |
| Cost of Revenue | JP¥199.00m |
| Gross Profit | JP¥357.00m |
| Other Expenses | JP¥374.00m |
| Earnings | -JP¥17.00m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -5.10 |
| Gross Margin | 64.21% |
| Net Profit Margin | -3.06% |
| Debt/Equity Ratio | 56.8% |
How did 2323 perform over the long term?
See historical performance and comparisonValuation
Is fonfun undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
1.7x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 2323 (¥282) is trading above our estimate of fair value (¥23.02)
Significantly Below Fair Value: 2323 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2323 is unprofitable, so we can't compare its PE Ratio to the JP Software industry average.
PE vs Market: 2323 is unprofitable, so we can't compare its PE Ratio to the JP market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2323's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2323 is good value based on its PB Ratio (1.7x) compared to the JP Software industry average (2.7x).
Future Growth
How is fonfun forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
21.5%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as fonfun has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has fonfun performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
54.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2323 is currently unprofitable.
Growing Profit Margin: 2323 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2323 is unprofitable, but has reduced losses over the past 5 years at a rate of 54.1% per year.
Accelerating Growth: Unable to compare 2323's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2323 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.7%).
Return on Equity
High ROE: 2323 has a negative Return on Equity (-3.07%), as it is currently unprofitable.
Financial Health
How is fonfun's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: 2323's short term assets (¥750.0M) exceed its short term liabilities (¥219.0M).
Long Term Liabilities: 2323's short term assets (¥750.0M) exceed its long term liabilities (¥178.0M).
Debt to Equity History and Analysis
Debt Level: 2323 has more cash than its total debt.
Reducing Debt: 2323's debt to equity ratio has reduced from 60.4% to 56.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2323 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2323 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44.1% per year.
Dividend
What is fonfun current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2323's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2323's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2323's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2323's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 2323 has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
10.2yrs
Average board tenure
CEO
Kazuyuki Hayashi (61 yo)
10.92yrs
Tenure
Kazuyuki Hayashi has been the President of Fonfun Corporation since June 2011. Kazuyuki Hayashi joined K.K. Nihon Joho Kenkyu Center (now NJK Corporation) in September 1983.Kazuyuki Hayashi established Ky...
Board Members
Experienced Board: 2323's board of directors are seasoned and experienced ( 10.2 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
fonfun corporation's employee growth, exchange listings and data sources
Key Information
- Name: fonfun corporation
- Ticker: 2323
- Exchange: TSE
- Founded: 1997
- Industry: Application Software
- Sector: Software
- Implied Market Cap: JP¥940.692m
- Shares outstanding: 3.34m
- Website: https://www.fonfun.co.jp
Number of Employees
Location
- fonfun corporation
- Sasazuka Center Building
- 6th Floor
- Tokyo
- 151-0073
- Japan
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/23 00:00 |
| End of Day Share Price | 2022/05/23 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.