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Change HoldingsTSE:3962 +0.92%78 Peter Lynch Fair Value is 円1,282.62 as of Aug. 12, 2026, which is 100% below its 10-year median of 1.71. GuruFocus rates TSE:3962 with a GF Score™ of 78/100 and a GF Value™ of 円1,906.95 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 658 Software companies, Change Holdings ranks better than 73.86% on this metric.
Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.
Here, as of today, Change Holdings's PEG is 1. Change Holdings's 5-Year TTM EBITDA Growth Rate is 12.8.
Change Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was 円100.21. Therefore, the Peter Lynch Fair Value for today is 円1,282.62.
As of today (2026-08-12), Change Holdings's share price is 円982.00. Change Holdings's Peter Lynch fair value is 円1,282.62. Therefore, Change Holdings's Price to Peter Lynch Fair Value Ratio for today is 0.77.
The historical rank and industry rank for Change Holdings's Peter Lynch Fair Value or its related term are showing as below:
TSE:3962'
s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.73 Med: 1.71 Max: 5.3
Current: 0.77
During the past 11 years, the highest Price to Peter Lynch Fair Value Ratio of Change Holdings was 5.30. The lowest was 0.73. And the median was 1.71.
TSE:3962's Price-to-Peter-Lynch-Fair-Value is ranked better than 73.86% of 658
companies
in the Software industry
Industry Median: 1.27
vs TSE:3962: 0.77
Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.
Change Holdings (TSE:3962) Peter Lynch Fair Value Explanation
Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.
Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.
Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 12.8 instead of 15 in this case.
Change Holdings's Price to Peter Lynch Fair Value Ratio for today is calculated as
Price to Peter Lynch Fair Value
=
Share Price
/
Peter Lynch Fair Value
=
982.00
/
1,282.62
=
0.77
* 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 Peter Lynch Fair Value Related Terms
Change Holdings Peter Lynch Fair Value Historical Data
* Premium members only.
The historical data trend for Change Holdings's Peter Lynch Fair Value 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:3962 vs IBM, ACN, FISV: Peter Lynch Fair Value Comparison
For the Information Technology Services subindustry, Change Holdings's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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 Price-to-Peter-Lynch-Fair-Value vs Software Industry
For the Software industry and Technology sector, Change Holdings's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:
* The bar in red indicates where Change Holdings's Price-to-Peter-Lynch-Fair-Value falls into.
Change Holdings's EPS without NRI 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100.21.
* 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.
** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.
If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.
If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.
Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.
What does a Peter Lynch Fair Value of 円1,282.62 mean?
Change Holdings (TSE:3962) has a Peter Lynch Fair Value of 円1,282.62 as of Aug. 12, 2026. Peter Lynch Fair Value is the stock value based on a company's current earnings and five-year earnings growth, assuming a PEG of one. View historical data on Change Holdings and its competitors. This is 74907% above median its historical median of 1.71. Over the past decade, Change Holdings' Peter Lynch Fair Value has ranged from 0.73 to 5.30. According to the industry distribution chart, Change Holdings ranks #172 out of 658 companies in the Software industry, placing it in the top 26.1%.
Is Change Holdings' Peter Lynch Fair Value too high?
Change Holdings' current Peter Lynch Fair Value of 円1,282.62 is 74907% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 5.30. Based on the distribution chart, Change Holdings ranks #172 out of 658 companies in the Software industry, which is above the industry midpoint. Overall, Change Holdings has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Change Holdings' Peter Lynch Fair Value compare to IBM and ACN?
According to the Software industry distribution chart, Change Holdings ranks #172 out of 658 companies for Peter Lynch Fair Value. This puts Change Holdings in the upper half of its industry. The industry median Peter Lynch Fair Value is 1.27. Historically, Change Holdings' own Peter Lynch Fair Value has ranged from 0.73 to 5.30 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 Peter Lynch Fair Value for a Software company?
The median Peter Lynch Fair Value among Software companies is 1.27, based on 658 companies in the industry. Companies in the top quartile (top 25%) have a Peter Lynch Fair Value significantly above this median, while those in the bottom quartile fall well below. However, Peter Lynch Fair Value 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 Peter Lynch Fair Value mean?
A high Peter Lynch Fair Value can signal that a stock is expensive relative to its fundamentals. Peter Lynch Fair Value is the stock value based on a company's current earnings and five-year earnings growth, assuming a PEG of one. View historical data on Change Holdings and its competitors. For the Software industry, the median Peter Lynch Fair Value is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Change Holdings's current Peter Lynch Fair Value is 円1,282.62, which is 74907% above median its own 10-year median of 1.71. 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1,906.95, compared to a current price of 円982.00 — trading 48.5% below its estimated fair value. The current Peter Lynch Fair Value is 円1,282.62, which is 74907% above median its 10-year median of 1.71. Change Holdings' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Peter Lynch Fair Value calculated?
Peter Lynch Fair Value is calculated from a company's financial statements. For Change Holdings (TSE:3962), the current Peter Lynch Fair Value is 円1,282.62 as of Aug. 12, 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982.00 is trading 48.5% below its estimated GF Value™ of 円1,906.95.
GuruFocus considers Change Holdings to be Significantly Undervalued.
Key valuation signals for TSE:3962:
Peter Lynch Fair Value: 円1,282.62 (74907% above median its 10-year median of 1.71)
GF Value™: 円1,906.95 vs. price of 円982.00 (48.5% below fair value)
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 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.
78GF Score
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