4686:TSEJUSTSYSTEMS CORPORATION Analysis
Data as of 2026-03-12 - not real-time
¥3,545.00
Latest Price
4/10Risk
Risk Level: Medium
Executive Summary
JustSystems is trading at ¥3,545, comfortably below its 20‑day SMA of ¥3,791 and near the 50‑day SMA, indicating a recent pullback that may present a buying opportunity. The RSI sits at 30.8, suggesting the stock is oversold, while the MACD histogram has turned positive, delivering a bullish signal. Current support sits around ¥3,320 with resistance near ¥4,335, framing a modest upside range.
Fundamentally, the company posted 15.5% revenue growth, enjoys strong gross (≈76%) and operating margins (≈43%), and trades at a PE of 16.3 versus an industry average of 34.6, pointing to a clear valuation discount. With zero debt, a cash reserve of ¥110 bn, and a low dividend payout ratio of 11%, the dividend appears sustainable. A low beta of 0.32 limits market‑wide risk, though the 30‑day volatility of 44% signals notable price swings.
Fundamentally, the company posted 15.5% revenue growth, enjoys strong gross (≈76%) and operating margins (≈43%), and trades at a PE of 16.3 versus an industry average of 34.6, pointing to a clear valuation discount. With zero debt, a cash reserve of ¥110 bn, and a low dividend payout ratio of 11%, the dividend appears sustainable. A low beta of 0.32 limits market‑wide risk, though the 30‑day volatility of 44% signals notable price swings.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 7/10
Key Factors
- Oversold RSI and bullish MACD histogram
- Price below short‑term SMA indicating potential rebound
- Support level near ¥3,320 offering downside cushion
Medium Term
1–3 yearsPositive
Model confidence: 8/10
Key Factors
- Strong revenue growth and high profitability margins
- Significant valuation discount to industry peers
- Robust cash position and zero debt supporting stability
Long Term
> 3 yearsPositive
Model confidence: 9/10
Key Factors
- Sustainable dividend backed by low payout ratio
- Low beta indicating limited systematic risk
- Continued demand for Japanese language software and enterprise solutions
Key Metrics & Analysis
Financial Health
Revenue Growth15.50%
Profit Margin29.34%
P/E Ratio16.3
ROE13.47%
ROA10.73%
P/B Ratio2.0
Industry P/E34.6
Technical Analysis
TrendNeutral
RSI30.8
Support¥3,320.00
Resistance¥4,335.00
MA 20¥3,791.00
MA 50¥4,457.10
MA 200¥4,381.80
MACDBullish
VolumeIncreasing
Fear & Greed Index76.5
Valuation
GradeUndervalued
TypeBlend
Dividend Yield0.66%
Risk Assessment
Beta0.32
Volatility44.40%
Sector RiskLow
Reg. RiskMedium
Geo RiskLow
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.