
TRADE WORKS Co., Ltd (3997.T)
ValueMarkers Composite Index
88% above intrinsic value ($1)
TRADE WORKS Co., Ltd (3997.T) — VMCI valuation read
TRADE WORKS Co., Ltd (3997.T) carries a VMCI composite of 35/100, 15 points below the Technology sector median of 50. Among mid-cap names, that gap places 3997.T in the bottom third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).
The 3997.T insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.
**Investor frame.** Value reads 3997.T trades at 20.0x earnings, 11% above the Technology median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Technology 12.0x. Quality: ROIC of 14.0% sits 4.0pp above the Technology median (10.0%). Risk: net debt to EBITDA of 1.0x leaves covenant headroom, the line to track on TRADE WORKS Co., Ltd's next 10-Q.
3997.T rose 3.2% over the trailing 7 days, with a -5.6% read on a 30-day basis.
TRADE WORKS Co., Ltd. provides solutions for front system exchange connection system and unfair transaction monitoring system for securities, forex margin trading (FX), and commodity futures industry. It offers TradeAgent, an Internet stock exchange system that supports various trading tools for online trading of various financial products in the securities, FX, and commodity futures fields; Dealing Athena, a solution that supports transactions and revenue management by persons in charge of self-sales department, as well as provides functions for administrators who manage transactions of each person in charge; Mars, an exchange trading terminal solution that supports securities trading; and MarsWeb, an exchange and information provider connection gateway. The company also provides MTS, an unfair trade monitoring system; and security diagnostic services. TRADE WORKS Co., Ltd. was founded in 1999 and is based in Tokyo, Japan.
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