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). System D's share price for the quarter that ended in Apr. 2026 was 円561. System D's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 19 Mil. Therefore, System D's market cap for the quarter that ended in Apr. 2026 was 円10,802 Mil.
System D's quarterly market cap
increased
from Apr. 2025 (円11,405 Mil) to Oct. 2025 (円12,512 Mil) but then
declined
from Oct. 2025 (円12,512 Mil) to Apr. 2026 (円10,802 Mil).
System D's annual market cap
increased
from Oct. 2023 (円8,355 Mil) to Oct. 2024 (円8,530 Mil) and
increased
from Oct. 2024 (円8,530 Mil) to Oct. 2025 (円12,512 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. System D's Enterprise Value for Today is 円5,706 Mil.
System D (TSE:3804) 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.
System D Market Cap Related Terms
System D Market Cap Historical Data
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The historical data trend for System D'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.
TSE:3804 vs UBER, SHOP, CRM: Market Cap Comparison
For the Software - Application subindustry, System D'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.
System D Market Cap vs Software Industry
For the Software industry and Technology sector, System D's Market Cap distribution charts can be found below:
* The bar in red indicates where System D'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.
System D's Market Cap for the fiscal year that ended in Oct. 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.
System D (TSE:3804) has a Market Cap of 円8,472 Mil as of Jul. 06, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on System D and its competitors. According to the industry distribution chart, System D ranks #1577 out of 2923 companies in the Software industry, placing it in the top 54%.
Is System D's Market Cap too high?
System D's current Market Cap is 円8,472 Mil. Based on the distribution chart, System D ranks #1577 out of 2923 companies in the Software industry, which is below the industry midpoint. Overall, System D has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does System D's Market Cap compare to UBER and SHOP?
According to the Software industry distribution chart, System D ranks #1577 out of 2923 companies for Market Cap. This places System D in the lower half of its industry. The industry median Market Cap is 68.19. 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 68.19, based on 2,923 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 System D and its competitors. For the Software industry, the median Market Cap is 68.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System D's current Market Cap is 円8,472 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System D stock overvalued right now?
Based on GuruFocus' analysis, System D (TSE:3804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円550.67, compared to a current price of 円440.00 — trading 20.1% below its estimated fair value. The current Market Cap is 円8,472 Mil. System D's overall GF Score™ is 84/100 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 System D (TSE:3804), the current Market Cap is 円8,472 Mil as of Jul. 06, 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 System D (TSE:3804) Overvalued in 2026?
Based on GuruFocus' analysis, System D stock appears to be undervalued.
The current stock price of 円440.00 is trading 20.1% below its estimated GF Value™ of 円550.67.
GuruFocus considers System D to be Modestly Undervalued.
Key valuation signals for TSE:3804:
Market Cap: 円8,472 Mil
GF Value™: 円550.67 vs. price of 円440.00 (20.1% below fair value)
No single metric tells the full story. See the TSE:3804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
System D Inc creates industry-specialized package software. The software development serves the schools, fitness clubs, distributors and other institutions. Its products and services include: Campus Plan, School Engine, PPP, Public Property Management System, Common Financial Accounting System, Smart Hello/Hello EX, Smart Hello Ticket/Hello Fun, Regulations Management System, and Contract creation and management system.
84GF Score
Get the complete analysis for TSE:3804
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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