Obermatt

SHIFT

TYO:3697 · JP3355400007
IT ServicesMedium

360

80
EV / EBIT64
Price / Owner Earnings56
Owner Earnings Yield65
Dividend Yield1
Price/Sales75
EV / Gross Profit58
Price/Book23
Return on Capital92
Cash Return on Capital94
Return on Equity85
EBIT Margin71
Gross Profitability98
Cash Conversion53
Accruals12
Owner Earnings Margin70
Sales growth87
Profit Growth31
Long-Term EPS Growth22
Reinvestment43
Price momentum4
Debt load35
Refinancing63
Debt Payback100
Liquidity83
Analyst ratings36
Opinion Changes50
Price Target Upside80
Market mood55
Value Creation17/20strong value creator
  • 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

SHIFT generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryJapan
IndustryIT Services
SizeMedium
TypePublic Company
ExchangeTSE
Founded2005
Employees314
ISINJP3355400007
Last UpdateApr 2, 2026

Description

Analysis

Quality compounder

SHIFT Inc. 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 14.5×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is adequate. The company scores 17/20 on our value-creation score: strong value creator.

Flags to be aware of: Some accounting patterns deserve a closer look. 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
43
2023202420252026

All-time high

75

Jan 2023

All-time low

43

Jun 2026

Average rank

53

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
75
50
28
48
Price/Earnings
51
32
25
21
Price/Book
23
24
5
23
Dividend Yield
1
1
1
1
Value (overall)
26
17
10
17

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 →