Money Forward

Money Forward (3934) - Solid, Not Spectacular

Equity Bottom-Up
160 Views, 17 Jan 2022 09:12
EXECUTIVE SUMMARY
  • Money Forward reported full year results post close on Friday. The stock will react negatively...probably.  
  • The stock is down 45% from its 52-week high, along with most high growth SaaS stocks 
  • The fundamentals, earnings and growth remain intact, but valuations are unlikely to recover as excess liquidity drains out of the market.  One for patient LT investors
detail (2-minute read)
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Mark Chadwick
Japan Specialist
JapanEquitiesESG

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing com... 

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