Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Money Forward's share price for the quarter that ended in Nov. 2025 was €22.6. Money Forward's Shares Outstanding (EOP) for the quarter that ended in Nov. 2025 was 55.3 Mil. Therefore, Money Forward's market cap for the quarter that ended in Nov. 2025 was €1,250.3 Mil.
Money Forward's quarterly market cap
increased
from May. 2025 (€1,516.1 Mil) to Aug. 2025 (€2,036.1 Mil) but then
declined
from Aug. 2025 (€2,036.1 Mil) to Nov. 2025 (€1,250.3 Mil).
Money Forward's annual market cap
increased
from Nov. 2023 (€1,493.7 Mil) to Nov. 2024 (€1,584.4 Mil) but then
declined
from Nov. 2024 (€1,584.4 Mil) to Nov. 2025 (€1,250.3 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Money Forward's Enterprise Value for Today is €1,186.0 Mil.
Money Forward (STU:47D) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Money Forward Market Cap Related Terms
Money Forward Market Cap Historical Data
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The historical data trend for Money Forward's Market Cap 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.
For the Software - Application subindustry, Money Forward's Market Cap, along with its competitors' market caps and Market Cap 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.
Money Forward Market Cap vs Software Industry
For the Software industry and Technology sector, Money Forward's Market Cap distribution charts can be found below:
* The bar in red indicates where Money Forward's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Money Forward's Market Cap for the fiscal year that ended in Nov. 2025 is calculated as
* 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.
Money Forward (STU:47D) has a Market Cap of €1,316.0 Mil as of Jul. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Money Forward and its competitors. According to the industry distribution chart, Money Forward ranks #394 out of 2927 companies in the Software industry, placing it in the top 13.5%.
Is Money Forward's Market Cap too high?
Money Forward's current Market Cap is €1,316.0 Mil. Based on the distribution chart, Money Forward ranks #394 out of 2927 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Money Forward has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Money Forward's Market Cap compare to UBER and SHOP?
According to the Software industry distribution chart, Money Forward ranks #394 out of 2927 companies for Market Cap. This places Money Forward in the top 14% of its industry — outperforming the majority of peers. The industry median Market Cap is 66.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Software company?
The median Market Cap among Software companies is 66.69, based on 2,927 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Money Forward and its competitors. For the Software industry, the median Market Cap is 66.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Money Forward's current Market Cap is €1,316.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Money Forward stock overvalued right now?
Based on GuruFocus' analysis, Money Forward (STU:47D) is currently considered Significantly Undervalued. The stock's GF Value™ is €44.30, compared to a current price of €23.40 — trading 47.2% below its estimated fair value. The current Market Cap is €1,316.0 Mil. Money Forward's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Money Forward (STU:47D), the current Market Cap is €1,316.0 Mil as of Jul. 01, 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 Money Forward (STU:47D) Overvalued in 2026?
Based on GuruFocus' analysis, Money Forward stock appears to be undervalued.
The current stock price of €23.40 is trading 47.2% below its estimated GF Value™ of €44.30.
GuruFocus considers Money Forward to be Significantly Undervalued.
Key valuation signals for STU:47D:
Market Cap: €1,316.0 Mil
GF Value™: €44.30 vs. price of €23.40 (47.2% below fair value)
No single metric tells the full story. See the STU:47D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.
72GF Score
Get the complete analysis for STU:47D
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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