Nittoc Construction Co., Ltd. (1929) AI Stock Analysis

• Market Cap: ¥46.01B
• Dividend Yield: 4.72%
• Average Volume (3M): 45.74K
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.54
• Revenue Growth: -9.64%
• EPS Growth: -31.42%
• Country: JP
• Employees: 1,097
• Sector: Industrials
• Sector Strength: 86
• Industry: Engineering & Construction
• EPS (TTM): 21.11
• Shares Outstanding: 41,753,765
• 10 Day Avg. Volume: 47,330
• 30 Day Avg. Volume: 45,736
• PEG Ratio: 1.94
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 27.63
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: ―

Nittoc Construction Co., Ltd. has a robust financial position with no debt and strong profitability, though recent declines in net profit margin and the absence of current cash flow data are concerning. Technically, the stock is trading below its major moving averages, indicating a lack of momentum. Valuation is fair, with an attractive dividend yield, but overall caution is advised due to technical indicators and potential cash flow uncertainties.

Nittoc Construction Co., Ltd. Business Overview & Revenue Model

Company Description

Nittoc Construction Co., Ltd. (1929) is a Japanese company engaged in the construction industry. It specializes in civil engineering, building construction, and real estate development. The company provides a range of services including design, planning, and execution of construction projects, catering to both public and private sector clients. Nittoc Construction is known for its commitment to quality, safety, and sustainability in its projects.

How the Company Makes Money

Nittoc Construction Co., Ltd. generates revenue primarily through its construction services. The company's key revenue streams include contracts for civil engineering projects, such as infrastructure development, and building construction projects, which encompass residential, commercial, and industrial buildings. The company also earns income from its real estate development activities, which involve the acquisition, development, and sale or leasing of properties. Additionally, partnerships with governmental bodies and private sector clients play a significant role in securing projects and sustaining its revenue flow. The company's focus on innovation and adherence to regulatory standards further contribute to its financial performance.

Nittoc Construction Co., Ltd. Financial Statement Overview

Summary

Nittoc Construction Co., Ltd. demonstrates solid financial health with a strong balance sheet characterized by zero debt and a good equity position. The income statement reflects solid profitability, although there's a noted decline in net profit margin. The lack of recent cash flow data presents a potential risk.

Income Statement

The company's TTM gross profit margin is 17.72%, indicating solid profitability. However, net profit margin has decreased to 3.25% from 4.27% in the previous fiscal year, reflecting a decline in net income relative to revenue. Revenue growth shows a mixed trend, with a decrease in the TTM period compared to the previous year. The EBIT and EBITDA margins remain stable at 4.68% and 5.61%, respectively, pointing to consistent operating efficiency.

Balance Sheet

The balance sheet is robust with a debt-to-equity ratio of 0, indicating no financial leverage. The return on equity (ROE) is 6.45% in the TTM period, suggesting reasonable profitability for shareholders. The equity ratio is 62.67%, reflecting a strong equity position relative to total assets, implying financial stability and low risk.

Cash Flow

Cash flow analysis is challenging due to missing TTM data. Historically, the company has shown positive free cash flow and operating cash flow. However, the absence of current data makes it difficult to assess recent cash flow performance, which could pose a risk if cash generation has weakened.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	66.77B	67.22B	71.88B	72.92B	66.08B	67.95B
Gross Profit	11.83B	12.56B	12.71B	13.69B	12.13B	12.85B
EBITDA	3.74B	4.62B	5.14B	6.04B	5.03B	5.76B
Net Income	2.17B	2.43B	3.07B	3.53B	3.33B	3.50B
Balance Sheet
Total Assets	53.59B	56.95B	54.42B	52.81B	51.71B	51.97B
Cash, Cash Equivalents and Short-Term Investments	17.91B	18.15B	19.64B	19.46B	20.72B	17.72B
Total Debt	0.00	707.00M	0.00	0.00	4.00M	286.00M
Total Liabilities	19.82B	22.20B	20.39B	20.68B	21.10B	23.17B
Stockholders Equity	33.59B	34.39B	33.86B	31.85B	30.42B	28.62B
Cash Flow
Free Cash Flow	0.00	3.17B	3.34B	1.47B	3.85B	695.00M
Operating Cash Flow	0.00	4.51B	4.42B	2.66B	4.75B	1.43B
Investing Cash Flow	0.00	-4.00B	-2.29B	-1.79B	-23.00M	-705.00M
Financing Cash Flow	0.00	-1.96B	-1.97B	-2.17B	-1.78B	-1.78B

Nittoc Construction Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1101.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1929, the sentiment is Positive. The current price of 1101 is above the 20-day moving average (MA) of 1070.00, above the 50-day MA of 1054.78, and above the 200-day MA of 1008.03, indicating a bullish trend. The MACD of 15.32 indicates Negative momentum. The RSI at 69.74 is Neutral, neither overbought nor oversold. The STOCH value of 79.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1929.

Nittoc Construction Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1802	78 Outperform	$1.56T	10.68	12.49%	3.67%	12.68%	94.75%
1812	77 Outperform	¥1.84T	14.24	10.06%	3.11%	9.25%	11.71%
1801	76 Outperform	¥1.57T	12.59	13.61%	3.37%	22.05%	215.17%
1803	76 Outperform	¥1.08T	16.99	7.47%	2.17%	-3.05%	301.87%
1808	74 Outperform	¥601.91B	17.47	6.56%	4.08%	7.58%	-39.48%
Sector *	71 Outperform	¥254.81B	12.92	8.49%	3.09%	6.34%	12.88%
1929	68 Neutral	¥46.01B	19.10		4.72%	-9.64%	-31.42%

Nittoc Construction Co., Ltd. Corporate Events

Nittoc Construction Announces Leadership Change

Nittoc Construction Co., Ltd. announced a change in its leadership, with Hiroshi Yamada resigning from his position as Representative Director and Vice President to become an Adviser. This change will take effect after the 78th Ordinary General Meeting of Shareholders on June 23, 2025, and is part of the company’s strategic leadership adjustments.

Nittoc Construction Reports Decline in Financial Performance for 2024

Nittoc Construction Co., Ltd. reported a decline in their financial performance for the nine months ending December 31, 2024, with net sales decreasing by 9.3% and operating profit dropping by 34.2% compared to the previous year. The company also revised its financial forecast for the full year ending March 31, 2025, indicating a continued downward trend in key financial metrics, which could impact their market positioning and stakeholder confidence.