Money Forward Inc
OTC:MNYFF

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Money Forward Inc
OTC:MNYFF
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Price: 29.42 USD Market Closed
Market Cap: $1.6B

P/S

4.9
Current
37%
Cheaper
vs 3-y average of 7.7

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
4.9
=
Market Cap
$253.2B
/
Revenue
¥53.3B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
4.9
=
Market Cap
$253.2B
/
Revenue
¥53.3B

Valuation Scenarios

Money Forward Inc is trading below its 3-year average

If P/S returns to its 3-Year Average (7.7), the stock would be worth $46.4 (58% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-77%
Maximum Upside
+105%
Average Upside
5%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 4.9 $29.42
0%
3-Year Average 7.7 $46.4
+58%
5-Year Average 10 $60.17
+105%
Industry Average 1.6 $9.86
-66%
Country Average 1.1 $6.63
-77%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
$253.2B
/
Mar 2026
¥53.3B
=
4.9
Current
$253.2B
/
Dec 2026
¥58.2B
=
4.3
Forward
$253.2B
/
Dec 2027
¥70B
=
3.6
Forward
$253.2B
/
Dec 2028
¥81.9B
=
3.1
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
JP
Money Forward Inc
OTC:MNYFF
260.3B USD 4.9 56.2
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
336.5B USD 75 206.6
DE
SAP SE
XETRA:SAP
173.8B EUR 4.6 23.7
US
Salesforce Inc
NYSE:CRM
169.9B USD 4.1 22.8
US
Applovin Corp
NASDAQ:APP
151.9B USD 27.7 45.6
US
Intuit Inc
NASDAQ:INTU
111.1B USD 5.5 25.5
US
Adobe Inc
NASDAQ:ADBE
98.7B USD 4 13.7
US
Synopsys Inc
NASDAQ:SNPS
92.6B USD 11.6 84.1
US
NCR Corp
LSE:0K45
92B USD 34.2 2 191
US
Cadence Design Systems Inc
NASDAQ:CDNS
88.4B USD 16.7 79.7
P/S Multiple
Revenue Growth P/S to Growth
JP
Money Forward Inc
OTC:MNYFF
Average P/S: 21 281.8
4.9
18%
0.3
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
75
50%
1.5
DE
SAP SE
XETRA:SAP
4.6
11%
0.4
US
Salesforce Inc
NYSE:CRM
4.1
11%
0.4
US
Applovin Corp
NASDAQ:APP
27.7
34%
0.8
US
Intuit Inc
NASDAQ:INTU
5.5
13%
0.4
US
Adobe Inc
NASDAQ:ADBE
4
10%
0.4
US
Synopsys Inc
NASDAQ:SNPS
11.6
20%
0.6
US
N
NCR Corp
LSE:0K45
34.2
-7%
N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.7
14%
1.2
P/E Multiple
Earnings Growth PEG
JP
Money Forward Inc
OTC:MNYFF
Average P/E: 274.9
56.2
74%
0.8
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
206.6
58%
3.6
DE
SAP SE
XETRA:SAP
23.7
17%
1.4
US
Salesforce Inc
NYSE:CRM
22.8
31%
0.7
US
Applovin Corp
NASDAQ:APP
45.6
38%
1.2
US
Intuit Inc
NASDAQ:INTU
25.5
30%
0.9
US
Adobe Inc
NASDAQ:ADBE
13.7
20%
0.7
US
Synopsys Inc
NASDAQ:SNPS
84.1
44%
1.9
US
N
NCR Corp
LSE:0K45
2 191
52%
42.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
79.7
39%
2

Market Distribution

Lower than 100% of companies in Japan
Percentile
0th
Based on 5 249 companies
0th percentile
0
Low
0 — 0.7
Typical Range
0.7 — 1.9
High
1.9 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 1.9
Max 12 107 466

Money Forward Inc
Glance View

Market Cap
1.6B USD
Industry
Technology

Money Forward Inc., an innovative force emerging from the bustling tech landscape of Japan, started as a humble fintech company in 2012, founded by the insightful entrepreneur, Yosuke Tsuji. The company elegantly intertwines the world of finance with cutting-edge technology, delivering streamlined solutions that simplify the financial complexities faced by both individuals and businesses. Money Forward Inc. carved its niche with a robust personal finance management tool, which quickly gained traction among users seeking to effortlessly manage their financial health. By consolidating a user’s bank accounts, credit cards, securities, and even points from various loyalty programs into a single platform, Money Forward taps into its proprietary algorithms to offer a comprehensive picture of one’s financial standing. This platform not only aids users in maintaining control over their spending and saving habits but also assists in projecting future financial scenarios. On the business side, the company has extended its prowess into providing B2B Saas solutions, effectively opening new streams of revenue. Money Forward's business offerings include a suite of cloud-based services such as accounting, invoicing, payroll, and tax return preparations. These products aim to alleviate the administrative burdens of small to medium enterprises, equipping them with tools to streamline their operations and enhance productivity. Through subscription fees, from both individual consumers and businesses availing themselves of its sophisticated platform, Money Forward has adeptly monetized its technology. Its strategic partnerships with financial institutions further sustain and expand its ecosystem, enhancing its competitive edge in a rapidly evolving fintech industry. Thus, Money Forward Inc. stands not just as a service provider, but as an essential ally in the digital transformation journey of financial management.

MNYFF Intrinsic Value
21.6 USD
Overvaluation 27%
Intrinsic Value
Price $29.42
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