MNYFF (Money Forward) Tax Provision: $-10.5 Mil (TTM As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MNYFF Money Forward Inc MNYFF
57 GF Score
Price $26.76
GF Value $39.58
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Money Forward Tax Provision?

Money Forward MNYFF -9.04% 57 Tax Provision is $-10.5 Mil as of May. 2026. GuruFocus rates MNYFF with a GF Score™ of 57/100 and a GF Value™ of $39.58 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Money Forward's tax provision for the three months ended in May. 2026 was $0.0 Mil. Its tax provision for the trailing twelve months (TTM) ended in May. 2026 was $-10.5 Mil.

Money Forward Tax Provision Historical Data

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The historical data trend for Money Forward's Tax Provision 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.

Money Forward Tax Provision Chart

Money Forward Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.34 -0.61 -0.36 -3.63 -7.81

Money Forward Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Provision 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 -0.70 -0.69 -5.85 -3.24 0.00
MNYFF
57GF Score
Money Forward Inc MNYFF
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Money Forward Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.5 Mil.

* 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 Tax Provision →
What does a Tax Provision of $-10.5 Mil mean?
Money Forward (MNYFF) has a Tax Provision of $-10.5 Mil as of May. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Money Forward and its competitors.
Is Money Forward's Tax Provision too high?
Money Forward's current Tax Provision is $-10.5 Mil. Overall, Money Forward has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Money Forward's Tax Provision compare to UBER and SHOP?
Money Forward's Tax Provision of $-10.5 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Software company?
A good Tax Provision depends on the Software industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Money Forward and its competitors. Money Forward's current Tax Provision is $-10.5 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 (MNYFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $39.58, compared to a current price of $26.76 — trading 32.4% below its estimated fair value. The current Tax Provision is $-10.5 Mil. Money Forward's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Money Forward (MNYFF), the current Tax Provision is $-10.5 Mil as of May. 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 (MNYFF) Overvalued in 2026?

Based on GuruFocus' analysis, Money Forward stock appears to be undervalued. The current stock price of $26.76 is trading 32.4% below its estimated GF Value™ of $39.58. GuruFocus considers Money Forward to be Significantly Undervalued.

Key valuation signals for MNYFF:

  • Tax Provision: $-10.5 Mil
  • GF Value™: $39.58 vs. price of $26.76 (32.4% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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

Money Forward Business Description

Other Exchanges 3994:Japan47D:Germany
Address 21st Floor, msb Tamachi Tamachi Station Tower, S 3-1-21 Shibaura, Minato-ku, Tokyo, JPN, 108-0023
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.
57GF Score

Get the complete analysis for MNYFF

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

$26.76
Price
$39.58
GF Value