Just dug into freee (4478 JP) — think of them as Japan's answer to Xero. Pretty solid numbers here: they're pushing 30% annual growth while going head-to-head with Money Forward. What caught my eye? Current valuation sits at 3.7x EV/Sales. The SaaS accounting software space in Japan is heating up, and these two are basically splitting the market right now.

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LiquidationSurvivorvip
· 9h ago
The valuation of freee really isn't budging. How's it going with Money Forward?
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SerumSquirtervip
· 9h ago
freee's valuation really isn't expensive, 30% growth with a 3.7x multiple... kind of makes me want to buy the dip.
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HypotheticalLiquidatorvip
· 9h ago
A 30% growth rate looks good, but a 3.7x EV/Sales in the fiercely competitive SaaS sector makes this health factor a bit risky... Money Forward is eyeing the market, and with both companies splitting the market, any slowdown in growth could trigger a chain reaction of collapses.
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ChainDetectivevip
· 9h ago
This valuation for freee really isn't convincing; Money Forward has a tight grip on the Japanese accounting software market.
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GasGasGasBrovip
· 9h ago
3.7x valuation? The Japanese financial software sector is really about to take off.
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All-InQueenvip
· 9h ago
30% growth? Freee is moving pretty fast. Is Money Forward scared?
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