Shofu (7979.T) Stock Price

Shofu Price

JPX·CLOSED
2,088.00JPY-49.00 (-2.32 %)
Market closed

Over the last 19 years Shofu grew revenue by 5.2% annually, reaching 38.70 B JPY. Earnings per share have grown at 4.9% per year over the last 19 years. For Shofu, the net margin of 11.2% is up versus 6.8% a few years ago. At today's price the dividend yield works out to roughly 2.49%. The payout ratio is around 43% of earnings. The dividend has grown at 6.1% per year over the past 18 years. The consensus 12-month price target for Shofu is 2,652.00 JPY, about 27.0% above where the stock trades today. Of 6 analysts, 5 rate the stock a buy — an overall Buy consensus. The stock trades about 28% above its 52-week low.

Shofu stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Shofu over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Shofu stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Shofu's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Shofu Stock Price History
DateShofu Price
7/24/20262,088.00 JPY
7/23/20262,137.00 JPY
7/22/20262,159.00 JPY
7/21/20262,224.00 JPY
7/17/20262,209.00 JPY
7/16/20262,209.00 JPY
7/15/20262,189.00 JPY
7/14/20262,129.00 JPY
7/13/20262,094.00 JPY
7/10/20262,086.00 JPY
7/9/20262,070.00 JPY
7/8/20262,048.00 JPY
7/7/20262,093.00 JPY
7/6/20262,103.00 JPY
7/3/20262,084.00 JPY
7/2/20262,020.00 JPY
7/1/20261,989.00 JPY
6/30/20262,013.00 JPY
6/29/20262,035.00 JPY
6/26/20262,012.00 JPY
6/25/20262,011.00 JPY
6/24/20261,962.00 JPY
6/23/20261,999.00 JPY
6/22/20261,968.00 JPY
6/19/20262,006.00 JPY
6/18/20262,029.00 JPY
6/17/20261,982.00 JPY
6/16/20262,001.00 JPY
6/15/20262,062.00 JPY
6/12/20262,063.00 JPY
6/11/20262,083.00 JPY
6/10/20262,087.00 JPY
6/9/20261,936.00 JPY
6/8/20261,908.00 JPY
6/5/20261,900.00 JPY
6/4/20261,877.00 JPY
6/3/20261,866.00 JPY
6/2/20261,828.00 JPY
6/1/20261,818.00 JPY
5/29/20261,802.00 JPY
5/28/20261,776.00 JPY
5/27/20261,771.00 JPY
5/26/20261,764.00 JPY
5/25/20261,783.00 JPY
5/22/20261,810.00 JPY
5/21/20261,797.00 JPY
5/20/20261,767.00 JPY
5/19/20261,756.00 JPY
5/18/20261,764.00 JPY
5/15/20261,723.00 JPY
5/14/20261,712.00 JPY
5/13/20261,754.00 JPY
5/12/20261,663.00 JPY
5/11/20261,689.00 JPY
5/8/20261,644.00 JPY
5/7/20261,632.00 JPY
5/1/20261,650.00 JPY
4/30/20261,652.00 JPY
4/28/20261,659.00 JPY
4/27/20261,667.00 JPY
4/24/20261,658.00 JPY
4/23/20261,674.00 JPY
4/22/20261,698.00 JPY
4/21/20261,706.00 JPY
4/20/20261,720.00 JPY
4/17/20261,715.00 JPY
4/16/20261,750.00 JPY
4/15/20261,790.00 JPY
4/14/20261,760.00 JPY
4/13/20261,755.00 JPY
4/10/20261,755.00 JPY
4/9/20261,764.00 JPY
4/8/20261,794.00 JPY
4/7/20261,704.00 JPY
4/6/20261,702.00 JPY
4/3/20261,695.00 JPY
4/2/20261,693.00 JPY
4/1/20261,705.00 JPY
3/31/20261,676.00 JPY
3/30/20261,676.00 JPY
3/27/20261,751.00 JPY
3/26/20261,742.00 JPY
3/25/20261,739.00 JPY
3/24/20261,698.00 JPY
3/23/20261,656.00 JPY
3/19/20261,689.00 JPY
3/18/20261,770.00 JPY
3/17/20261,750.00 JPY
3/16/20261,752.00 JPY
3/13/20261,735.00 JPY
3/12/20261,774.00 JPY
3/11/20261,810.00 JPY
3/10/20261,818.00 JPY
3/9/20261,823.00 JPY
3/6/20261,880.00 JPY
3/5/20261,842.00 JPY
2/27/20261,877.00 JPY
2/26/20261,842.00 JPY
2/25/20261,835.00 JPY
2/24/20261,825.00 JPY
2/20/20261,802.00 JPY
2/19/20261,821.00 JPY
2/18/20261,810.00 JPY
2/17/20261,798.00 JPY
2/16/20261,805.00 JPY
2/13/20261,805.00 JPY
2/12/20261,815.00 JPY
2/10/20261,795.00 JPY
2/9/20261,769.00 JPY
2/6/20261,776.00 JPY
2/5/20261,820.00 JPY
2/4/20261,831.00 JPY
2/3/20261,826.00 JPY
2/2/20261,825.00 JPY
1/30/20261,838.00 JPY
1/29/20261,840.00 JPY
1/28/20261,832.00 JPY
1/27/20261,845.00 JPY
1/26/20261,844.00 JPY
1/23/20261,887.00 JPY
1/22/20261,882.00 JPY
1/21/20261,850.00 JPY
1/20/20261,863.00 JPY
1/19/20261,883.00 JPY
1/16/20261,894.00 JPY
1/15/20261,880.00 JPY
1/14/20261,872.00 JPY
1/13/20261,864.00 JPY
1/9/20261,870.00 JPY
1/8/20261,849.00 JPY
1/7/20261,841.00 JPY
1/6/20261,840.00 JPY
1/5/20261,820.00 JPY
12/30/20251,825.00 JPY
12/29/20251,816.00 JPY
12/26/20251,799.00 JPY
12/25/20251,806.00 JPY
12/24/20251,810.00 JPY
12/23/20251,835.00 JPY
12/22/20251,808.00 JPY
12/19/20251,840.00 JPY
12/18/20251,836.00 JPY
12/17/20251,816.00 JPY
12/16/20251,825.00 JPY
12/15/20251,833.00 JPY
12/12/20251,806.00 JPY
12/11/20251,793.00 JPY
12/10/20251,800.00 JPY
12/9/20251,775.00 JPY
12/8/20251,815.00 JPY
12/5/20251,827.00 JPY
12/4/20251,835.00 JPY
12/3/20251,835.00 JPY
12/2/20251,840.00 JPY
12/1/20251,844.00 JPY
11/28/20251,872.00 JPY
11/27/20251,872.00 JPY
11/26/20251,879.00 JPY
11/25/20251,848.00 JPY
11/21/20251,895.00 JPY
11/20/20251,845.00 JPY
11/19/20251,842.00 JPY
11/18/20251,848.00 JPY
11/17/20251,854.00 JPY
11/14/20251,855.00 JPY
11/13/20251,856.00 JPY
11/12/20251,859.00 JPY
11/11/20251,831.00 JPY
11/10/20251,849.00 JPY
11/7/20251,849.00 JPY
11/6/20251,859.00 JPY
11/5/20251,840.00 JPY
11/4/20251,869.00 JPY
10/31/20251,895.00 JPY
10/30/20251,871.00 JPY
10/29/20251,863.00 JPY
10/28/20251,899.00 JPY
10/27/20251,962.00 JPY
10/24/20251,938.00 JPY
10/23/20251,924.00 JPY
10/22/20251,944.00 JPY
10/21/20251,911.00 JPY
10/20/20251,936.00 JPY
10/17/20251,908.00 JPY
10/16/20251,912.00 JPY
10/15/20251,921.00 JPY
10/14/20251,896.00 JPY
10/10/20251,914.00 JPY
10/9/20251,942.00 JPY
10/8/20251,927.00 JPY
10/7/20251,958.00 JPY
10/6/20251,981.00 JPY
10/3/20251,924.00 JPY
10/2/20251,909.00 JPY
10/1/20251,911.00 JPY
9/30/20251,942.00 JPY
9/29/20251,984.00 JPY
9/26/20252,017.00 JPY
9/25/20252,009.00 JPY
9/24/20252,014.00 JPY
9/22/20251,992.00 JPY
9/19/20251,973.00 JPY
9/18/20251,975.00 JPY
9/17/20251,957.00 JPY
9/16/20251,967.00 JPY
9/12/20251,960.00 JPY
9/11/20251,959.00 JPY
9/10/20251,979.00 JPY
9/9/20252,015.00 JPY
9/8/20251,992.00 JPY
9/5/20251,950.00 JPY
9/4/20251,922.00 JPY
9/3/20251,930.00 JPY
9/2/20251,936.00 JPY
9/1/20251,942.00 JPY
8/29/20251,963.00 JPY
8/28/20251,977.00 JPY
8/27/20251,955.00 JPY
8/26/20251,991.00 JPY
8/25/20252,016.00 JPY
8/22/20252,057.00 JPY
8/21/20252,018.00 JPY
8/20/20252,019.00 JPY
8/19/20252,029.00 JPY
8/18/20252,011.00 JPY
8/15/20251,985.00 JPY
8/14/20251,961.00 JPY
8/13/20251,993.00 JPY
8/12/20251,989.00 JPY
8/8/20251,957.00 JPY
8/7/20251,980.00 JPY
8/6/20252,059.00 JPY
8/5/20252,059.00 JPY
8/4/20252,060.00 JPY
8/1/20252,044.00 JPY
7/31/20252,046.00 JPY
7/30/20251,999.00 JPY
7/29/20251,997.00 JPY
7/28/20252,004.00 JPY
Access this data via the Eulerpool API

Shofu Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
24.68 B JPY
2.30 B JPY
1.67 B JPY
Jan 1, 2022
28.14 B JPY
3.22 B JPY
2.55 B JPY
Jan 1, 2023
31.68 B JPY
3.82 B JPY
3.14 B JPY
Jan 1, 2024
35.08 B JPY
4.71 B JPY
3.66 B JPY
Jan 1, 2025
38.70 B JPY
5.39 B JPY
4.32 B JPY
Jan 1, 2026 (e)
40.53 B JPY
0.00 JPY
4.63 B JPY
Jan 1, 2027 (e)
44.16 B JPY
0.00 JPY
5.29 B JPY
Jan 1, 2028 (e)
47.92 B JPY
0.00 JPY
6.11 B JPY

Shofu Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 27, 2026, 1:37 AM
 
REVENUEB JPY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB JPY
EBITB JPY
EBIT MARGIN%
NET INCOMEB JPY
NET INCOME GROWTH%
DIV.JPY
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
16.3918.2619.6922.9822.3124.0324.9226.1124.6828.1431.6835.0838.7040.5344.1647.92
2.5011.437.8316.70-2.927.743.684.79-5.4714.0112.5810.7410.314.738.968.51
55.8854.9356.3357.3558.0557.2857.9856.2555.0957.4659.0359.8559.4159.4159.4159.41
9.1610.0311.0913.1812.9513.7614.4514.6913.6016.1718.7021.0022.9924.0826.2428.47
0.870.990.991.571.381.501.812.212.303.223.824.715.39
5.325.415.056.826.206.237.288.469.3211.4312.0713.4213.93
0.030.510.580.790.840.881.200.701.672.553.143.664.324.635.296.11
-94.121,586.6714.8235.805.964.9036.94-41.38137.7852.0923.1316.5918.117.1614.4415.47
18.0018.0018.0018.0018.0018.0025.0024.0034.0039.0052.0060.0052.0091.00109.20131.04
38.89-4.0041.6714.7133.3315.38-13.3375.0020.0020.00
16.0016.0016.0516.0716.0016.0016.0216.0317.4935.7835.8135.6235.6535.6535.6535.65
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Shofu generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Shofu retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Shofu's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Shofu has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Shofu's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Shofu stock margins

The Shofu margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Shofu. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Shofu.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
55.09 %
9.32 %
6.78 %
Jan 1, 2022
57.46 %
11.43 %
9.05 %
Jan 1, 2023
59.03 %
12.07 %
9.90 %
Jan 1, 2024
59.85 %
13.42 %
10.42 %
Jan 1, 2025
59.41 %
13.93 %
11.16 %
Jan 1, 2026 (e)
59.41 %
0.00 %
11.42 %
Jan 1, 2027 (e)
59.41 %
0.00 %
11.99 %
Jan 1, 2028 (e)
59.41 %
0.00 %
12.76 %

Shofu Stock Revenue, EBIT, Earnings per Share

The Shofu earnings per share therefore indicates how much revenue Shofu has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
1,410.72 JPY
131.47 JPY
95.69 JPY
Jan 1, 2022
786.39 JPY
89.91 JPY
71.16 JPY
Jan 1, 2023
884.71 JPY
106.80 JPY
87.56 JPY
Jan 1, 2024
984.78 JPY
132.19 JPY
102.61 JPY
Jan 1, 2025
1,085.46 JPY
151.24 JPY
121.09 JPY
Jan 1, 2026 (e)
1,132.38 JPY
0.00 JPY
129.28 JPY
Jan 1, 2027 (e)
1,233.84 JPY
0.00 JPY
147.93 JPY
Jan 1, 2028 (e)
1,338.78 JPY
0.00 JPY
170.82 JPY

Shofu business model & stock analysis

Shofu Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Shofu historical P/E ratio, EBIT multiple, and P/S ratio

Shofu annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Shofu shares outstanding

The number of shares of Shofu was 35.65 M in 2025. This indicates how many shares Shofu is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
17.49 M Stocks
Jan 1, 2022
35.78 M Stocks
Jan 1, 2023
35.81 M Stocks
Jan 1, 2024
35.62 M Stocks
Jan 1, 2025
35.65 M Stocks
Jan 1, 2026 (e)
35.65 M Stocks
Jan 1, 2027 (e)
35.65 M Stocks
Jan 1, 2028 (e)
35.65 M Stocks

Shofu stock splits

In Shofu's history, there have been no stock splits.

Shofu Dividend History

20 years of dividend payments

YearAnnual DividendYoY ChangePayments
202632.00JPYYTD
Mar 30, 202632.00JPY 52.4%1/1
202552.00JPY 13.3%
Mar 28, 202531.00JPY 72.2%1/2
Sep 29, 202521.00JPY 32.3%2/2
202460.00JPY 15.4%
202352.00JPY 33.3%
202239.00JPY 14.7%
202134.00JPY 41.7%
202024.00JPY 4.0%
201925.00JPY 38.9%
201818.00JPY 0.0%
201718.00JPY 0.0%

Shofu dividend history and estimates

In 2025, Shofu paid a dividend amounting to 52.00 JPY. Dividend means that Shofu distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
34.00 JPY
0.00 JPY
Jan 1, 2022
39.00 JPY
0.00 JPY
Jan 1, 2023
52.00 JPY
0.00 JPY
Jan 1, 2024
60.00 JPY
0.00 JPY
Jan 1, 2025
52.00 JPY
0.00 JPY
Jan 1, 2026
91.00 JPY
0.00 JPY
Jan 1, 2027 (e)
0.00 JPY
109.20 JPY
Jan 1, 2028 (e)
0.00 JPY
131.04 JPY

Shofu dividend payout ratio

In 2025, Shofu had a payout ratio of 42.94%. The payout ratio indicates the percentage of the company's profits that Shofu distributes as dividends.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
17.77 %
Jan 1, 2022
28.81 %
Jan 1, 2023
35.41 %
Jan 1, 2024
38.01 %
Jan 1, 2025
42.94 %
Jan 1, 2026 (e)
70.39 %
Jan 1, 2027 (e)
73.82 %
Jan 1, 2028 (e)
76.71 %

Current Shofu forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
4.00 %
Buy83.33 % (5)
Hold16.67 % (1)
Sell0.00 % (0)
12M Price Target
2,652.00
Last Price
2,088.00
Currency
JPY
12M Return Potential
27.01 %
LTM Return
0 %

Shofu shareholder structure

% Name
20.00559%
Mitsui Chemicals Inc
Mitsui Chemicals Inc
5.92260%
Neuberger Berman East Asia Limited
Neuberger Berman East Asia Limited
3.97877%
Kyoto Financial Group Inc
Kyoto Financial Group Inc
3.60995%
Nippon Life Insurance Company
Nippon Life Insurance Company
3.36407%
Shiga Bank Ltd
Shiga Bank Ltd
1.93434%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
...

Shofu Executives and Management Board

NN

Mr. Noriyuki Negoro

(67)

Chairman of the Board, Chief Executive Officer, Representative Director · since 2003

TT

Mr. Tetsuo Takami

(63)

President, Executive President, Chief Operating Officer, Representative Director · since 2018

TC

Mr. Takashi Chikamochi

(68)

Executive Vice President · since 2007

KM

Mr. Kazuhiko Murakami

(66)

Executive Vice President · since 2015

TU

Mr. Takahiro Umeda

(63)

Senior Managing Executive Officer, Director · since 2022

Frequently asked questions about Shofu

Analysts currently set an average price target of 2,652.00 JPY for the Shofu stock (median: 2,652.00 JPY), implying +27.0 % versus the latest price. The consensus is based on 6 analyst ratings.

All fundamentals and in-depth analysis of Shofu

Our stock analysis for Shofu stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shofu. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.