Harrison Global Holdings Inc.

BLMZF
About the company

Harrison Global Holdings Inc. operates as an audio producing and voice actor managing company in Japan. It offers audio production services; and VTuber, a virtual character that enables streamers to provide their voice to stream real-time videos of human facial expressions and gestures. The company also provides voice acting educational services to Japanese youths.

Country: United StatesPrice: $0.00Market Cap: $439

Investment snapshot

0%positive consensus
Scored 1d ago

Positive

0

BUY / PASS

Neutral / negative

3 / 13

NEUTRAL / FAIL

Median fair value

—

No comparable estimates

Models with upside

0 / 17

Positive margin of safety

Strongest signal

10 of 12 pass — Buffett and Marks object

Key risk

No clean pass — all 13 investors flag at least one valuation criterion

Framework analysis

VerdictMeaning
BUYPositive purchase signal: the framework's buy requirements are met.
PASSThe company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state.
NEUTRALNeither a positive nor negative conclusion. It does not mean to hold an existing position.
FAILThe company does not clear the framework's requirements.
RankedRanked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL.

Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.

MetricGraham

Defensive Value

Buffett

Quality Compounder

Lynch

GARP

Greenblatt

Magic Formula

Piotroski

F-Score

Dreman

Contrarian Value

Munger

Quality Focus

Pabrai

Dhandho Framework

Akre

Three-Legged Stool

Marks

Risk-Aware Value

Ackman

Activist Value

Templeton

Global Bargain Hunter

Sleep

Scale Economies Shared

Asness

Systematic Factors

Neff

Low-P/E Total Return

Schloss

Asset-Value Discipline

O'Shaughnessy

Systematic Factor Composite

VerdictFAILFAILFAILNot rankedFAILFAILFAILFAILFAILFAILFAILFAILFAILNEUTRALFAILNEUTRALNEUTRAL
Score
AnalysisChecking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…Checking access…
Intrinsic Value (annual)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Margin of SafetyN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Financial Basis

Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024 · Market data at 2026-11-01

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024 · Qualitative assessment

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024 · Qualitative assessment

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024 · Market data at 2026-11-01

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024 · Price history 2025-01-01–2026-11-01

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024 · Qualitative assessment

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024 · Price history 2025-01-01–2026-11-01

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Annual history · FY 2024 · Price history 2025-01-01–2026-11-01

Latest source filing: 2025-02-14

Score computed: 2026-11-14

Where It Passes

  • Debt & Leverage83% pass✓ 13✗ 2▾

    10 of 12 pass — Buffett and Marks object

    LT Debt vs Net Current AssetsLT Debt $0.2M vs NCA $2.8M
    ✓GrahamLT Debt <= Net Current Assets
    Debt/Equity & Interest CoverageD/E: 0.06, IC: -377.1x
    ✗BuffettD/E < 0.5 AND Interest Coverage > 5x
    Total Debt / Equity0.06
    ✓Lynch< 0.33
    Cash - Long-term Debt$0.9M
    ✓LynchPositive preferred
    LT Debt / Total Assets Change3.73% -> 3.21%
    ✓PiotroskiDecreased YoY
    Current Assets / Current Liabilities2.81
    ✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)
    Total Debt / Shareholders' Equity0.06
    ✓Dreman< 0.8✓Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✓SchlossD/E < 1.00x
    Debt Levels0.06
    ✓MungerDebt/Equity < 0.5✓AkreDebt/Equity < 0.3
    Interest Coverage & Debt/EBITDAIC=-377.1x, D/EBITDA=N/A
    ✗MarksInterest Coverage > 3x; Debt/EBITDA < 4x
    Total Debt / Shareholders Equity0.06
    ✓Ackman<= 1.0
    Negative debt-to-equity (higher means less debt)-0.0613; #1083/4210 (top 25.7%)
    ✓AsnessTop 30% of eligible cross-section

Where It Falls Short

  • Valuation0% pass✓ 8✗ 20▾

    No clean pass — all 13 investors flag at least one valuation criterion

    Price / 3-yr avg EPS
    ✗Graham<= 15x
    Price-to-Book Ratio0.0x
    ✓Graham<= 1.5x
    P/E x P/B
    ✗Graham<= 22.5
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    EBIT / Enterprise ValueN/A (EV <= 0)
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=N/A (EV <= 0), ROC=-73.6%
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Price / EPS
    ✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)
    Price / (CFO / Shares)N/A (negative CFPS)
    ✗Dreman< 8x
    Price / Book Value per Share0.0x
    ✓Dreman< 1.2x✓Templeton< 1.5x✓SchlossP/B <= 0.80x (app cutoff)
    Valuation ReasonablenessOE Yield=-36060.5%
    ✗MungerP/E < 25 or Owner Earnings Yield > 5%
    P/E or FCF Yield
    ✗PabraiP/E < 15 or FCF Yield > 10%
    P/B or P/E vs. Historical AverageP/B=0.0x
    ✓MarksP/E < 15 or P/B < 2.0
    Discount to Intrinsic ValueN/A (negative normalized EPS)
    ✗Marks>= 20% below intrinsic value
    Price / FCF per Share
    ✗Ackman<= 25
    Price vs. Trailing Low150% of trailing low ($0.00)
    ✗Templeton<= 120% of trailing low (certified split-adjusted live window)
    Net income / market capitalization-352611.47%; #6310/6340 (top 99.5%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Positive book equity / market capitalization+7709.7255; #13/6449 (top 0.2%)
    ✓AsnessTop 30% of eligible cross-section
    Price / Diluted EPS
    ✗NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)
    (EPS CAGR % + Dividend Yield %) / P/E
    ✗Neff> 0.7 (Neff's published traditional edge)
    Price / Tangible Book Value per Share0.00x
    ✓SchlossP/TBV <= 1.00x (app cutoff)
    Book Value per Share Change
    ✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)
    Revenue / market capitalization+3510.2409; #31/5247 (top 0.6%)
    ✓OshaughnessyTop 10% of eligible cross-section
    (Operating cash flow - capex) / market capitalization
    ✗OshaughnessyTop 10% of eligible cross-section
    Trailing six-month price return through the evaluation date-97.27%; #6089/6202 (top 98.2%)
    ✗OshaughnessyTop 10% of eligible cross-section
  • Cash Flow0% pass✗ 12▾

    All 10 investors flag BLMZF's cash flow

    Free Cash Flow Proxy$-0.1M
    ✗BuffettPositive and growing
    FCF Positive and Growing$-0.3M
    ✗LynchPositive and growing
    Operating Cash Flow$-3.1M
    ✗PiotroskiCFO > 0
    (CFO / Total Assets) vs ROACFO/Assets=-60.50%, ROA=-30.32%
    ✗PiotroskiCFO/Assets > ROA
    Price / (CFO / Shares)N/A (negative CFPS)
    ✗Dreman< 8x
    P/E or FCF Yield
    ✗PabraiP/E < 15 or FCF Yield > 10%
    FCF Positive1/2 years FCF positive
    ✗MarksPositive FCF in majority of recent years
    (OCF - CapEx) / Market Cap
    ✗Ackman>= 4%
    Price / FCF per Share
    ✗Ackman<= 25
    Positive Operating Cash Flow frequency1/3 years positive
    ✗SleepPositive OCF in >= 70% of available years
    Operating Cash Flow - Capital Expenditures
    ✗Neff> $0 (app proxy for a strong fundamental case)
    (Operating cash flow - capex) / market capitalization
    ✗OshaughnessyTop 10% of eligible cross-section
  • Growth0% pass✓ 2✗ 11▾

    No clean pass — all 8 investors flag at least one growth criterion

    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    Inventory Growth vs Revenue GrowthN/A (no inventory)
    ✓LynchInventory growth < Revenue growth
    EPS Growth Direction$0.00 (2022) -> $-0.13 (2024)
    ✗DremanPositive over recent years
    EPS CAGR
    ✗Dreman> 5% annualized
    Positive Net Income Frequency1/3 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    3yr Median Revenue Growth32.3%
    ✓Ackman>= 5%
    Positive EPS Growth Frequency0/2 years with positive EPS growth
    ✗AckmanPositive EPS growth in >= 3 of last 5 years
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Revenue growth vs. gross and operating margin trendgross margin 34.2% -> 38.5%, operating margin 4.7% -> -84.5%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    5-year Revenue CAGR
    ✗SleepCAGR > 7%
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
  • Verdicts0% pass✗ 13▾

    Split decision: 13 FAIL · 3 NEUTRAL

    Overall verdict
    ✗GrahamFAIL (3/9)✗BuffettFAIL (0/9)✗LynchFAIL (3/7)•GreenblattNot ranked✗PiotroskiFAIL (F-Score 1)✗DremanFAIL (3/11)✗MungerFAIL (1/4)✗PabraiFAIL (1/3)✗AkreFAIL (1/6)✗MarksFAIL (1/5)✗AckmanFAIL (2/9)✗TempletonFAIL (3/8)✗SleepFAIL (1/6)•AsnessNEUTRAL (Not ranked)✗NeffFAIL (0/6)•SchlossNEUTRAL (4/7)•OshaughnessyNEUTRAL (Not ranked)
  • Profitability6% pass✓ 1✗ 34▾

    15 of 16 flag BLMZF's profitability — Graham, Buffett, Lynch +12 more

    Positive EPS (10 years)1/4 years positive
    ✗GrahamPositive EPS every year for 10 years
    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Net Income Positive (10+ years)1/4 years positive
    ✗BuffettPositive every year for 10+ years
    ROE (up to 5-year arithmetic mean)-16.8%
    ✗Buffett> 15% arithmetic mean (app rule)
    Operating Margin (10-yr trend)
    ✗BuffettStable or rising over 10 years
    Free Cash Flow Proxy$-0.1M
    ✗BuffettPositive and growing
    Earnings Variance (10-yr CoV)
    ✗BuffettCoV < 0.3
    Retained Earnings Effectiveness
    ✗Buffett$1 retained -> > $1 market value created
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    ROE-45.7%
    ✗Lynch> 15%
    EBIT / Enterprise ValueN/A (EV <= 0)
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=N/A (EV <= 0), ROC=-73.6%
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Net Income / Total Assets-30.32%
    ✗PiotroskiROA > 0
    ROA Change YoY-5.03% -> -30.32% (delta: -25.29%)
    ✗PiotroskiCurrent ROA > Prior ROA
    (CFO / Total Assets) vs ROACFO/Assets=-60.50%, ROA=-30.32%
    ✗PiotroskiCFO/Assets > ROA
    Gross Margin Change YoY39.7% -> 38.5%
    ✗PiotroskiImproved YoY
    Pre-Tax Income / Revenue-100.5%
    ✗Dreman>= 8%
    Net Income / Shareholders' Equity-45.7%
    ✗Dreman> 12%
    Margin of SafetyP/B=0.0x
    ✓PabraiP/B < 1.5 or P/E < 15
    Return on Equity-16.8% (3-yr avg)
    ✗AkreROE > 20% (3-year avg)
    Discount to Intrinsic ValueN/A (negative normalized EPS)
    ✗Marks>= 20% below intrinsic value
    Positive Net Income Frequency1/3 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    Operating Income / Revenue-84.5%
    ✗Ackman>= 15%
    Net Income / Shareholders Equity-45.7%
    ✗Ackman>= 15%
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Operating Margin Trend4.7% (2022) -> -84.5% (2024)
    ✗TempletonNon-negative operating-margin trend over 3 years
    Revenue growth vs. gross and operating margin trendgross margin 34.2% -> 38.5%, operating margin 4.7% -> -84.5%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    Net income / market capitalization-352611.47%; #6310/6340 (top 99.5%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Gross profit / total assets+11.63%; #2694/3702 (top 72.8%)
    ✗AsnessTop 30% of eligible cross-section
    Net income / positive book equity-45.74%; #4161/5226 (top 79.6%)
    ✗AsnessTop 30% of eligible cross-section
    Negative 5-year standard deviation of ROA
    ✗AsnessTop 30% of eligible cross-section
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
    Positive Diluted-EPS Years
    ✗Schloss>= 70% positive over 5-10 observed years (app rule)
  • Efficiency25% pass✓ 2✗ 9▾

    6 of 8 flag BLMZF's efficiency — Buffett, Greenblatt, Piotroski +3 more

    Current Ratio2.81
    ✓Graham>= 2.0
    ROIC (3-5 yr avg)-23.4%
    ✗Buffett> 10%
    ROIC - WACC-33.4%
    ✗BuffettPositive (WACC = 10%)
    EBIT / (NWC + Net Fixed Assets)-73.6%
    ✗Greenblatt> 25%
    Current Ratio Change YoY3.94 -> 2.81
    ✗PiotroskiIncreased YoY
    Revenue / Total Assets Change YoY0.41x -> 0.30x
    ✗PiotroskiImproved YoY
    Current Assets / Current Liabilities2.81
    ✓Dreman> 1.5
    Return on Invested Capital-28.6%
    ✗Munger> 15%
    ROIC (high and growing)FY2022: ROIC=unavailable; FY2023: ROIC=-4.8%; FY2024: ROIC=-28.6%
    ✗AkreLatest 3 consecutive FYs: ROIC > 15% in each
    Reinvestment Rate x ROICN/A (non-positive net income)
    ✗AkreReinvestment Rate * ROIC > 10%
    ROIC (5-year)0/2 years above 12% (latest -28.6%)
    ✗SleepROIC > 12% in a majority of years

Business & financials

Financial snapshot: annual FY 2024. Current investor scores may use newer quarterly data.

Company Profile

Industry: Entertainment
SIC Sector: Motion Pictures
Size: Micro Cap($439)
Revenue: $1.5M+79.3% YoY
Net Income: $1.5M-1363.5% YoY

Financial Snapshot

Operating Margin-84.5%
Return on Equity-45.7%
Debt / Equity0.06
Current Ratio2.81
EPS (Diluted)$-0.13
Shares Retired−20.1%

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Shareholder Return

Fiscal 2024

Issued 20.1% of shares last year.

Buybacks
—
Dividends
—

Company Financials

Latest TTM and quarters alongside annual years

TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.

MetricFY 2024
Sources
  • 20-F · 2025-02-14
FY 2023
Sources
  • 20-F · 2025-02-14
FY 2022
Sources
  • 20-F · 2025-02-14
FY 2021
Sources
  • 20-F · 2025-02-14
Market Cap$439current$177.8Mest.----
Revenue$1.5M↑79%$859.2K↓15%$1.0M--
Operating Income-$1.3M↓1206%-$99.7K↓311%$47.2K--
Net Income-$1.5M↓1363%-$105.8K↓6439%$1.7K--
EPS (Diluted)$-0.13↓973%$-0.01↓3717%$0.00--
Gross Margin38.5%↓3%39.7%↑16%34.2%—
Operating Margin-84.5%↓628%-11.6%↓347%4.7%—
ROE-45.7%↓563%-6.9%↓416%2.2%—
Total Debt$207.6K↑125%$92.2K----
Shareholders' Equity$3.4M↑121%$1.5M↑1904%$76.5K↓21%$96.5K
Current Ratio2.81↓29%3.94——
Debt / Equity0.06↑2%0.06——
Operating Cash Flow-$3.1M↓1003%-$280.1K↓177%$365.7K--
Free Cash Flow---$282.2K↓178%$363.2K--

Score history

Historical Score Timeline

Industry peers

Industry Peers

Similar companies in Entertainment

BLMZF vs Peers — Financial Grading

Revenue$1.5MBottom 25%
Net Income$1.5MMedian
ROE-45.7%Bottom 25%
D/E0.06Top 25%
Op. Margin-84.5%Bottom 25%
Curr. Ratio2.81Top 25%
CompanyMarket CapPriceRevenueNet IncomeROED/EOp. MarginCurr. RatioGrahamBuffettLynchGreenblattPiotroskiDreman
Walt Disney CoDIS$205.4B$118.97$94.4B$12.4B11.3%0.3818.6%0.711/92/94/71/3F-Score 74/11
Madison Square Garden Sports Corp.MSGS$9.3B$314.46$1.0B$22.4M8.0%-1.031.4%0.451/93/91/70/3F-Score 51/11
Churchill Downs IncCHDN$6.8B$99.72$2.9B$383.0M37.9%5.0823.4%0.601/93/92/71/3F-Score 63/11
VAIL RESORTS INCMTN$5.5B$152.61$3.0B$280.0M66.0%7.3518.9%0.631/95/93/70/3F-Score 73/11
Cinemark Holdings, Inc.CNK$4.7B$40.80$3.1B$138.2M————1/90/92/70/3F-Score 11/11
Manchester United plcMANU$3.9B$22.43$914.4M$45.3M-17.0%3.29-2.8%0.381/90/90/70/3F-Score 51/11
Atlanta Braves Holdings, Inc.BATRA$3.7B$56.66$732.5M$23.4M-4.4%1.40-1.8%0.421/91/91/70/3F-Score 51/11
Brightstar Lottery PLCBRSL$1.8B$9.81$2.5B$147.0M16.8%4.77—0.763/92/91/71/3F-Score 44/11