Change Holdings (TSE:3962) GF Score: 69/100 (As of Jul. 17, 2026) — Near Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3962 Change Holdings Inc TSE:3962
69 GF Score
Price 円974.00
GF Value 円1,881.64
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Change Holdings GF Score?

Change Holdings TSE:3962 +0.41% 69 GF Score is 69 as of Jul. 17, 2026, which is 3% below its 10-year median of 71.00. GuruFocus rates TSE:3962 with a GF Score™ of 69/100 and a GF Value™ of 円1,881.64 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Change Holdings has the GF Score of 69, which implies that the company might have Poor future performance potential.

The GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation, which has been found to be closely correlated to the long-term performances of stocks by backtesting from 2006 to 2021. The stocks with a higher GF Score generally generate higher returns than those with lower GF Scores. Therefore, when picking stocks, investors should invest in companies with high GF Scores. The GF Score ranges from 0 to 100, with 100 as the highest rank.

GF Score takes following five key aspects into consideration:

1. Financial Strength : 4/10
2. Profitability Rank : 10/10
3. Growth Rank : 8/10
4. GF Value Rank : 2/10
5. Momentum Rank : 1/10

Each one of these components is ranked and the ranks also have positive correlation with the long term performances of stocks. The GF score is calculated using the five key aspects of analysis. Through backtesting, we know that each of these key aspects has a different impact on the stock price performance. Thus, they are weighted differently when calculating the total score. The Profitability Rank and the Growth Rank are weighted fully, while other parameters have less weight.

Based on research and backtesting result, GuruFocus believes Change Holdings might have Poor future performance potential.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Change Holdings  (TSE:3962) GF Score Explanation

Based on the historical long-term performances among five valuation aspects, the GF Score is found to be closely correlated to the long-term performances of stocks. It ranges from 0 to 100, with 100 as the highest. GuruFocus divided GF Score into following 5 categories:

GF Score Performance Potential and All-in-One Screener Examples (1)
91 - 100Highest outperformance potential
81 - 90Good outperformance potential
71 - 80Likely to have average performance
51 - 70Poor future performance potential
0 - 50Worst future performance potential, or not enough data

(1) These are some simple examples. You can access our GF Score filter under All-in-One Screener’s Fundamental tab.


Change Holdings GF Score Related Terms


TSE:3962 vs IBM, ACN, FISV: GF Score Comparison

For the Information Technology Services subindustry, Change Holdings's GF Score, along with its competitors' market caps and GF Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Change Holdings GF Score vs Software Industry

For the Software industry and Technology sector, Change Holdings's GF Score distribution charts can be found below:

* The bar in red indicates where Change Holdings's GF Score falls into.


TSE:3962
69GF Score
Change Holdings Inc TSE:3962
GF Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about GF Score →
What does a GF Score of 69 mean?
Change Holdings (TSE:3962) has a GF Score of 69 as of Jul. 17, 2026. GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation. View historical data on Change Holdings and its competitors. This is near median its historical median of 71.00. Over the past decade, Change Holdings' GF Score has ranged from 5.00 to 95.00.
Is Change Holdings' GF Score too high?
Change Holdings' current GF Score of 69 is near median its 10-year median of 71.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 95.00. 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' GF Score compare to IBM and ACN?
Change Holdings' GF Score of 69 can be compared against companies in the Software industry. Historically, Change Holdings' own GF Score has ranged from 5.00 to 95.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good GF Score for a Software company?
A good GF Score depends on the Software industry context. However, GF Score 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 GF Score mean?
A high GF Score can signal that a stock is expensive relative to its fundamentals. GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation. View historical data on Change Holdings and its competitors. Change Holdings's current GF Score is 69, which is near median its own 10-year median of 71.00. 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1,881.64, compared to a current price of 円974.00 — trading 48.2% below its estimated fair value. The current GF Score is 69, which is near median its 10-year median of 71.00. 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 GF Score calculated?
GF Score is calculated from a company's financial statements. For Change Holdings (TSE:3962), the current GF Score is 69 as of Jul. 17, 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974.00 is trading 48.2% below its estimated GF Value™ of 円1,881.64. GuruFocus considers Change Holdings to be Significantly Undervalued.

Key valuation signals for TSE:3962:

  • GF Score: 69 (near median its 10-year median of 71.00)
  • GF Value™: 円1,881.64 vs. price of 円974.00 (48.2% 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

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

円974.00
Price
円1,881.64
GF Value