Forside Co., Ltd. (2330) AI Stock Analysis

• Market Cap: ¥6.68B
• Dividend Yield: N/A
• Average Volume (3M): 367.83K
• Price to Earnings (P/E): 41.9
• Beta (1Y): 1.53
• Revenue Growth: 22.75%
• EPS Growth: 79.57%
• Country: JP
• Employees: 55
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Leisure
• EPS (TTM): 1.30
• Shares Outstanding: 43,687,702
• 10 Day Avg. Volume: 315,360
• 30 Day Avg. Volume: 367,830
• PEG Ratio: 0.09
• Price to Book (P/B): 2.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.55
• 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: 59 Neutral
• Price Target: ¥162.00 ▲(5.88%Upside)

Forside Co., Ltd.'s stock score is influenced primarily by solid financial performance, characterized by revenue growth and financial stability. However, technical indicators suggest neutral market sentiment, and the high P/E ratio indicates valuation concerns. The absence of earnings call data and corporate events reduces the comprehensive analysis, but the financial health remains the most significant factor.

Forside Co., Ltd. Business Overview & Revenue Model

Company Description

Forside Co., Ltd. is a Japanese corporation operating primarily in the financial services and real estate sectors. The company provides a range of financial products, including investment advisory services, asset management, and brokerage services. Additionally, Forside Co., Ltd. engages in real estate transactions, offering property development, sales, and leasing services.

How the Company Makes Money

Forside Co., Ltd. generates revenue through several streams. In the financial services sector, the company earns money by providing investment advisory and asset management services, which include fees based on assets under management and performance-based incentives. Brokerage services also contribute to its revenue through transaction fees and commissions. In the real estate sector, Forside Co., Ltd. derives income from property development and sales, earning profits from the sale of developed properties. Leasing activities further contribute to the company's revenue by generating rental income. Strategic partnerships and collaborations with other financial institutions and real estate developers enhance Forside Co., Ltd.'s market presence and offer additional revenue opportunities.

Forside Co., Ltd. Financial Statement Overview

Summary

Forside Co., Ltd. shows strong revenue growth and improved operational margins in the income statement, supported by a solid balance sheet with low leverage. Cash flow analysis reflects efficient cash generation. However, there is room to enhance profitability and shareholder returns.

Income Statement

Forside Co., Ltd. shows a strong revenue growth rate of 10.83% from 2023 to 2024, indicating positive momentum in sales. The gross profit margin is healthy at approximately 34%, but the net profit margin is relatively low at 1.2%, suggesting operational challenges in translating sales into bottom-line profit. The positive EBIT and EBITDA margins reflect an improvement in operational efficiency compared to previous years, contributing to a positive outlook.

Balance Sheet

The company maintains a solid equity position with an equity ratio of 70.07%, indicating strong financial stability. With a low debt-to-equity ratio of 0.10, Forside Co., Ltd. demonstrates conservative leverage, reducing financial risk. The return on equity is modest at 2.56%, suggesting room for improvement in generating returns for shareholders.

Cash Flow

The operating cash flow to net income ratio is robust at 2.55, highlighting effective cash conversion from profits. Free cash flow has significantly improved to 137 million from the previous year's 45.43 million, indicating enhanced cash generation capabilities. However, the free cash flow to net income ratio of 2.14 suggests efficient cash management but also indicates the potential for better alignment with profitability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.34B	4.82B	4.99B	4.89B	4.03B
Gross Profit	1.82B	1.93B	1.82B	1.96B	1.68B
EBITDA	157.78M	187.39M	-55.28M	151.50M	-275.64M
Net Income	64.42M	113.58M	-107.82M	85.85M	-348.71M
Balance Sheet
Total Assets	3.57B	4.45B	4.25B	4.43B	3.84B
Cash, Cash Equivalents and Short-Term Investments	1.40B	1.19B	941.85M	1.26B	1.05B
Total Debt	245.68M	497.81M	713.00M	831.05M	632.32M
Total Liabilities	1.07B	2.87B	3.19B	3.26B	2.75B
Stockholders Equity	2.50B	1.58B	1.06B	1.16B	1.10B
Cash Flow
Free Cash Flow	129.04M	45.43M	-333.05M	169.81M	102.69M
Operating Cash Flow	163.90M	115.17M	-329.26M	180.88M	112.50M
Investing Cash Flow	-596.92M	-61.64M	124.39M	-163.99M	187.24M
Financing Cash Flow	639.93M	192.47M	-120.04M	194.97M	282.47M

Forside Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 153.00
• 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:2330, the sentiment is Negative. The current price of 153 is below the 20-day moving average (MA) of 157.40, below the 50-day MA of 155.64, and below the 200-day MA of 160.88, indicating a bearish trend. The MACD of -0.90 indicates Positive momentum. The RSI at 45.15 is Neutral, neither overbought nor oversold. The STOCH value of 12.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2330.

Forside Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6570	81 Outperform	¥5.72B	6.31		2.04%	14.58%	41.62%
8135	73 Outperform	¥8.05B	2.69		1.95%	6.45%	269.38%
7841	72 Outperform	¥9.29B	10.34		3.77%	9.49%	-3.05%
7847	70 Outperform	¥4.01B	10.67		4.84%	15.88%	115.04%
Sector *	62 Neutral	$16.90B	11.24	-7.48%	2.95%	1.60%	-23.76%
2330	59 Neutral	¥6.68B	41.95		―	22.75%	79.57%