Change Holdings (TSE:3962) EBIT per Share: 円166.42 (TTM As of Mar. 2026)

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TSE:3962 Change Holdings Inc TSE:3962
69 GF Score
Price 円953.00
GF Value 円1,886.51
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Change Holdings EBIT per Share?

Change Holdings TSE:3962 -2.16% 69 EBIT per Share is 円166.42 as of Mar. 2026. GuruFocus rates TSE:3962 with a GF Score™ of 69/100 and a GF Value™ of 円1,886.51 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,119 Software companies, Change Holdings ranks better than 69.7% on this metric.

Change Holdings's EBIT per Share for the three months ended in Mar. 2026 was 円5.59. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円166.42.

During the past 12 months, the average EBIT per Share Growth Rate of Change Holdings was -10.20% per year. During the past 3 years, the average EBIT per Share Growth Rate was 26.80% per year. During the past 5 years, the average EBIT per Share Growth Rate was 23.00% per year. During the past 10 years, the average EBIT per Share Growth Rate was 51.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Change Holdings's EBIT per Share or its related term are showing as below:

TSE:3962' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: 16.4   Med: 34.55   Max: 124.6
Current: 26.8

During the past 11 years, the highest 3-Year average EBIT per Share Growth Rate of Change Holdings was 124.60% per year. The lowest was 16.40% per year. And the median was 34.55% per year.

TSE:3962's 3-Year EBIT Growth Rate is ranked better than
69.7% of 2119 companies
in the Software industry
Industry Median: 12 vs TSE:3962: 26.80

Change Holdings's EBIT for the three months ended in Mar. 2026 was 円389 Mil.


Change Holdings  (TSE:3962) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Change Holdings EBIT per Share Related Terms


Change Holdings EBIT per Share Historical Data

* Premium members only.

The historical data trend for Change Holdings's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Change Holdings EBIT per Share Chart

Change Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Mar23 Mar24 Mar25 Mar26
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.71 77.87 101.10 191.40 166.43

Change Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.43 14.77 28.85 117.21 5.59
TSE:3962
69GF Score
Change Holdings Inc TSE:3962
EBIT per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Change Holdings EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Change Holdings's EBIT per Share for the fiscal year that ended in Mar. 2026 is calculated as

EBIT per Share(A: Mar. 2026 )
=EBIT/Shares Outstanding (Diluted Average)
=11581/69.586
=166.43

Change Holdings's EBIT per Share for the quarter that ended in Mar. 2026 is calculated as

EBIT per Share(Q: Mar. 2026 )
=EBIT/Shares Outstanding (Diluted Average)
=389/69.586
=5.59

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円166.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT per Share →
What does a EBIT per Share of 円166.42 mean?
Change Holdings (TSE:3962) has a EBIT per Share of 円166.42 as of Mar. 2026. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Change Holdings and its competitors. According to the industry distribution chart, Change Holdings ranks #642 out of 2119 companies in the Software industry, placing it in the top 30.3%.
Is Change Holdings' EBIT per Share too high?
Change Holdings' current EBIT per Share is 円166.42. Based on the distribution chart, Change Holdings ranks #642 out of 2119 companies in the Software industry, which is above the industry midpoint. Overall, Change Holdings has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Change Holdings' EBIT per Share compare to IBM and ACN?
According to the Software industry distribution chart, Change Holdings ranks #642 out of 2119 companies for EBIT per Share. This puts Change Holdings in the upper half of its industry. The industry median EBIT per Share is 12.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT per Share for a Software company?
The median EBIT per Share among Software companies is 12.00, based on 2,119 companies in the industry. Companies in the top quartile (top 25%) have a EBIT per Share significantly above this median, while those in the bottom quartile fall well below. However, EBIT per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT per Share mean?
A high EBIT per Share can signal that a stock is expensive relative to its fundamentals. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Change Holdings and its competitors. For the Software industry, the median EBIT per Share is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Change Holdings's current EBIT per Share is 円166.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Change Holdings stock overvalued right now?
Based on GuruFocus' analysis, Change Holdings (TSE:3962) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,886.51, compared to a current price of 円953.00 — trading 49.5% below its estimated fair value. The current EBIT per Share is 円166.42. Change Holdings' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT per Share calculated?
EBIT per Share is calculated from a company's financial statements. For Change Holdings (TSE:3962), the current EBIT per Share is 円166.42 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Change Holdings (TSE:3962) Overvalued in 2026?

Based on GuruFocus' analysis, Change Holdings stock appears to be undervalued. The current stock price of 円953.00 is trading 49.5% below its estimated GF Value™ of 円1,886.51. GuruFocus considers Change Holdings to be Significantly Undervalued.

Key valuation signals for TSE:3962:

  • EBIT per Share: 円166.42
  • GF Value™: 円1,886.51 vs. price of 円953.00 (49.5% below fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the TSE:3962 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Change Holdings Business Description

Address 3-17-1 Toranomon, 6th Floor, TOKYU REIT Toranomon Building, Minato-ku, Tokyo, JPN, 105-0001
Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.
69GF Score

Get the complete analysis for TSE:3962

EBIT per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円953.00
Price
円1,886.51
GF Value