COOKPAD (2193) AI Stock Analysis

• Market Cap: ¥9.98B
• Dividend Yield: N/A
• Average Volume (3M): 348.50K
• Price to Earnings (P/E): 15.1
• Beta (1Y): 0.15
• Revenue Growth: -10.17%
• EPS Growth: -19.44%
• Country: JP
• Employees: 117
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 2.72
• Shares Outstanding: 78,807,900
• 10 Day Avg. Volume: 381,220
• 30 Day Avg. Volume: 348,496
• PEG Ratio: -0.39
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 2.09
• P/FCF Ratio: 19.99
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ¥154.00 ▲(1.32% Upside)
• Action: Reiterated Date: 03/28/26
• Date: Action: Reiterated 03/28/26

The score is driven primarily by improved profitability and a conservatively financed balance sheet, which reduce financial risk. This is tempered by persistent revenue contraction and uneven cash-flow conversion, while technicals indicate a weaker trend (price below key moving averages). Valuation is supportive but not strongly discounted based on the provided P/E.

Positive Factors

Conservative balance sheet

Low leverage and a conservatively financed balance sheet materially reduce refinancing and liquidity risk. This gives management flexibility to invest in product, weather revenue volatility, and pursue strategic B2B or geographic initiatives without forcing dilutive financing.

Negative Factors

Persistent revenue contraction

Multi-year revenue decline signals structural challenges in user growth, engagement, or monetization. Sustained top-line shrinkage undermines operating leverage and the platform's ability to fund R&D or marketing, making margin and cash-flow durability contingent on reversing this trend.

COOKPAD Business Overview & Revenue Model

Company Description

Cookpad Inc. operates a community platform to share recipe ideas and cooking tips worldwide. It also engages in Cookpad mart and TV businesses. The company was formerly known as Coin Ltd. and changed its name to Cookpad Inc. in June 1999. Cookpad ...

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Cookpad Inc. operates a community platform to share recipe ideas and cooking tips worldwide. It also engages in Cookpad mart and TV businesses. The company was formerly known as Coin Ltd. and changed its name to Cookpad Inc. in June 1999. Cookpad ...

How the Company Makes Money

Cookpad primarily generates revenue through (1) consumer subscriptions and (2) business-to-business offerings tied to its platform. (1) Consumer subscriptions: Cookpad offers paid membership features on its recipe platform (commonly referred to as...

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Cookpad primarily generates revenue through (1) consumer subscriptions and (2) business-to-business offerings tied to its platform. (1) Consumer subscriptions: Cookpad offers paid membership features on its recipe platform (commonly referred to as...

COOKPAD Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.58B	5.34B	5.88B	7.61B	9.09B	10.00B
Gross Profit	5.19B	5.00B	5.47B	6.97B	8.36B	9.05B
EBITDA	714.93M	509.12M	1.03B	-2.50B	-3.27B	-2.16B
Net Income	621.63M	741.44M	1.33B	-2.23B	-3.49B	-2.38B
Balance Sheet
Total Assets	13.98B	14.10B	15.26B	14.65B	20.16B	23.87B
Cash, Cash Equivalents and Short-Term Investments	10.24B	5.89B	12.08B	12.02B	16.82B	20.41B
Total Debt	744.95M	1.07B	837.28M	284.15M	1.14B	1.23B
Total Liabilities	1.27B	1.21B	1.64B	921.18M	2.41B	2.24B
Stockholders Equity	12.71B	12.90B	13.62B	13.73B	17.75B	21.03B
Cash Flow
Free Cash Flow	0.00	559.05M	1.33B	-2.19B	-2.76B	-1.95B
Operating Cash Flow	0.00	577.54M	1.52B	-2.16B	-2.70B	-1.77B
Investing Cash Flow	0.00	-4.93B	192.60M	-531.91M	-261.96M	-336.39M
Financing Cash Flow	0.00	-1.94B	-2.34B	-3.08B	-976.49M	-1.09B

COOKPAD Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 152.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2193, the sentiment is Negative. The current price of 152 is above the 20-day moving average (MA) of 145.30, above the 50-day MA of 146.96, and below the 200-day MA of 168.59, indicating a bearish trend. The MACD of -3.80 indicates Positive momentum. The RSI at 43.59 is Neutral, neither overbought nor oversold. The STOCH value of 15.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2193.

COOKPAD Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2371	73 Outperform	¥446.68B	22.87	32.41%	3.62%	20.98%	0.48%
2193	63 Neutral	¥9.98B	15.07	4.78%	―	-10.17%	-19.44%
5243	63 Neutral	¥50.08B	58.36	―	―	22.37%	655.34%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
3930	58 Neutral	¥3.19B	11.33	―	―	7.20%	47.54%
2454	52 Neutral	¥5.10B	-13.71	―	0.77%	4.75%	―
7356	40 Underperform	¥2.17B	83.90	―	―	4.36%	―