Obermatt

DIP

TYO:2379 · JP3548640006
Professional ServicesMedium

360

62
Medium confidence — indicative
EV / EBIT46
Price / Owner Earnings57
Owner Earnings Yield90
Dividend Yield89
Price/Sales52
EV / Gross Profit76
Price/Book44
Return on Capital88
Cash Return on Capital96
Return on Equity66
EBIT Margin78
Gross Profitability97
Cash Conversion58
Accruals3
Owner Earnings Margin88
Sales growth24
Profit Growth17
Long-Term EPS Growth59
Owner Earnings Growth33
Reinvestment26
Price momentum45
Debt load60
Refinancing41
Debt Payback100
Liquidity1
Analyst ratings3
Opinion Changes50
Price Target Upside10
Market mood59
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

DIP clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryJapan
IndustryProfessional Services
SizeMedium
TypePublic Company
ExchangeTSE
Founded1997
Employees60
ISINJP3548640006
Last UpdateApr 2, 2026
Themes
WorkTechMachine LearningHRTechVirtual WorkforceChatbotSocial RecruitingArtificial IntelligenceEmploymentHuman ResourcesInformation TechnologyInternet

Description

Analysis

Quality compounder

DIP Corporation earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 8.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -5% a year, against analyst forecasts of 3%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is uncertain. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
25
2023202420252026

All-time high

92

Apr 2023

All-time low

25

Mar 2026

Average rank

34

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
52
61
45
52
Price/Earnings
66
95
87
60
Price/Book
44
62
38
44
Dividend Yield
89
90
92
92
Value (overall)
72
94
67
65

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →