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GMO Internet Group Inc
XMUN:IQ3

Watchlist Manager
GMO Internet Group Inc
XMUN:IQ3
Watchlist
Price: 16.7 EUR Market Closed
Market Cap: €2.8B

EV/GP

0.5
Current
71%
Cheaper
vs 3-y average of 1.8

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
0.5
=
Enterprise Value
€286.2m
/
Gross Profit
¥169.7B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
0.5
=
Enterprise Value
€286.2m
/
Gross Profit
¥169.7B

Valuation Scenarios

GMO Internet Group Inc is trading below its 3-year average

If EV/GP returns to its 3-Year Average (1.8), the stock would be worth €58.22 (249% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+728%
Average Upside
494%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 0.5 €16.7
0%
3-Year Average 1.8 €58.22
+249%
5-Year Average 2.4 €78.69
+371%
Industry Average 4.3 €138.2
+728%
Country Average 3.7 €121.53
+628%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
JP
GMO Internet Group Inc
XMUN:IQ3
2.8B EUR 0.5 31.9
CA
Shopify Inc
NASDAQ:SHOP
159.1B USD 27.8 130.1
US
Cloudflare Inc
NYSE:NET
73.4B USD 45.1 -729.4
US
Snowflake Inc.
NYSE:SNOW
49B USD 15 -36.5
US
Snowflake Inc
XETRA:5Q5
41.3B EUR 14.5 -35.7
ID
DCI Indonesia Tbk PT
IDX:DCII
473.8T IDR 346 473.1
US
Verisign Inc
NASDAQ:VRSN
24.6B USD 17.5 29.5
US
Twilio Inc
NYSE:TWLO
21.7B USD 8 633.2
US
MongoDB Inc
NASDAQ:MDB
20.8B USD 10.4 -292.2
US
Akamai Technologies Inc
NASDAQ:AKAM
13.8B USD 7.2 32.2
US
Okta Inc
NASDAQ:OKTA
13.5B USD 4.9 57.5
P/E Multiple
Earnings Growth PEG
JP
G
GMO Internet Group Inc
XMUN:IQ3
Average P/E: 198.2
31.9
21%
1.5
CA
Shopify Inc
NASDAQ:SHOP
130.1
53%
2.5
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -729.4 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -36.5 N/A N/A
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -35.7 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
473.1
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
29.5
9%
3.3
US
Twilio Inc
NYSE:TWLO
633.2
222%
2.9
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -292.2 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
32.2
42%
0.8
US
Okta Inc
NASDAQ:OKTA
57.5
54%
1.1

Market Distribution

Lower than 99% of companies in Japan
Percentile
1st
Based on 4 798 companies
1st percentile
0.5
Low
0.1 — 2.6
Typical Range
2.6 — 5.9
High
5.9 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 2.6
Median 3.7
70th Percentile 5.9
Max 45 735 393.8

GMO Internet Group Inc
Glance View

Market Cap
2.8B EUR
Industry
Technology

GMO Internet Group Inc., a giant in the digital services landscape, began its journey in the late 1990s, riding the early wave of internet adoption in Japan. At the heart of its operations, GMO initially focused on providing essential services that were becoming the backbone of modern businesses: domain registration and web hosting. But this was just the beginning. Understanding the internet's boundless opportunities, the company expanded into internet advertising, payment gateway services, and e-commerce solutions. Over the years, GMO Internet Group has meticulously built an ecosystem comprising over 100 subsidiaries, each contributing to the digital infrastructure that powers businesses online. Its growth was not just about expansion, but also integration – creating a seamless experience for businesses navigating the virtual marketplace. The company generates its revenue streams through a diverse array of services. The Internet Infrastructure segment, a critical revenue pillar, provides comprehensive web solutions ranging from SSL certificates to cloud hosting services, essential for businesses establishing their digital presence. Meanwhile, its Online Advertising & Media segment taps into the burgeoning demand for digital marketing, leveraging cutting-edge technology to optimize advertising spend and audience engagement. Additionally, through its Finance segment, GMO immerses itself in the vibrant world of online securities and foreign exchange services, appealing to both individuals and institutional clients. This multi-pronged strategy not only bolsters its financial health but also positions GMO as a pivotal player in the global internet ecosystem, continually adapting and innovating to meet the needs of a digital-first economy.

IQ3 Intrinsic Value
14.99 EUR
Overvaluation 10%
Intrinsic Value
Price €16.7
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