Planet, Inc. (2391) AI Stock Analysis

• Market Cap: ¥8.28B
• Dividend Yield: 3.49%
• Average Volume (3M): 3.50K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 0.17
• Revenue Growth: 0.45%
• EPS Growth: -1.74%
• Country: JP
• Employees: 47
• Sector: Technology
• Sector Strength: 80
• Industry: Information Technology Services
• EPS (TTM): 15.58
• Shares Outstanding: 6,632,800
• 10 Day Avg. Volume: 2,550
• 30 Day Avg. Volume: 3,503
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 80 Outperform
• Price Target: ―

Planet, Inc.'s overall score is driven by its strong financial performance, characterized by robust profitability and a solid balance sheet. Technical indicators and valuation further support a positive outlook, with stable price trends and fair valuation metrics. Primary risks include recent cash flow data gaps, highlighting the need for careful cash management moving forward.

Planet, Inc. Business Overview & Revenue Model

Company Description

Planet, Inc. (2391) is a leading provider of satellite imagery and geospatial solutions. The company operates within the aerospace and defense sectors, offering high-resolution satellite images and data analytics to a diverse range of industries including agriculture, forestry, urban planning, and environmental monitoring. Planet, Inc. is known for its fleet of small satellites, which capture detailed images of the Earth's surface, providing critical insights and enabling data-driven decision-making for its global clientele.

How the Company Makes Money

Planet, Inc. generates revenue primarily through the sale of satellite imagery and geospatial data services. Its key revenue streams include subscription-based access to its satellite imagery platform, custom data analytics services, and licensing of its imagery for commercial use. The company also partners with government agencies, research institutions, and private enterprises, offering tailored solutions that leverage its satellite data. These collaborations often enhance its service offerings and expand its market reach, contributing significantly to its earnings. Additionally, Planet, Inc. continuously invests in research and development to improve its satellite technology, ensuring it remains competitive and can offer innovative products that meet the evolving needs of its customers.

Planet, Inc. Financial Statement Overview

Summary

Planet, Inc. demonstrates strong financial health with excellent profitability, a robust balance sheet, and solid cost management. The absence of debt and high equity ratio provide financial flexibility. However, cash flow metrics show recent concerns due to limited data, necessitating focus on revenue growth and cash flow management.

Income Statement

Planet, Inc. shows strong profitability with a consistent gross profit margin around 62% and net profit margin over 13% in the TTM period. Despite a slight decrease in revenue, the company maintains healthy EBIT and EBITDA margins. The net profit margin decreased slightly from the previous year, but remains robust, indicating effective cost management.

Balance Sheet

The company exhibits excellent financial stability with no debt, resulting in a debt-to-equity ratio of 0. The equity ratio stands at a strong 86.6% in the TTM period, showcasing a healthy capital structure. Return on Equity (ROE) remains solid at over 8%, reflecting efficient use of equity.

Cash Flow

While free cash flow has varied over the years, the TTM period shows limited cash flow data, potentially due to strategic investments or capital expenditures. The lack of operating cash flow in the latest period raises concerns about cash management, though historically, free cash flow generation has been positive.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	3.17B	3.13B	3.13B	3.07B	3.05B
Gross Profit	2.02B	2.04B	2.08B	2.00B	2.00B
EBITDA	853.00M	864.72M	896.75M	930.15M	954.98M
Net Income	458.10M	442.42M	526.12M	498.08M	441.72M
Balance Sheet
Total Assets	6.56B	6.37B	6.27B	5.82B	5.31B
Cash, Cash Equivalents and Short-Term Investments	2.68B	2.60B	2.72B	2.53B	2.27B
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.13B	1.02B	1.11B	987.00M	893.00M
Stockholders Equity	5.42B	5.34B	5.16B	4.83B	4.42B
Cash Flow
Free Cash Flow	319.34M	208.75M	468.20M	599.70M	572.97M
Operating Cash Flow	625.49M	632.22M	689.05M	779.95M	721.80M
Investing Cash Flow	-267.73M	-470.44M	-214.84M	-243.43M	-292.05M
Financing Cash Flow	-285.10M	-278.49M	-278.77M	-275.20M	-268.68M

Planet, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1247.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2391, the sentiment is Negative. The current price of 1247 is below the 20-day moving average (MA) of 1263.31, below the 50-day MA of 1257.21, and above the 200-day MA of 1222.54, indicating a neutral trend. The MACD of -3.23 indicates Positive momentum. The RSI at 42.17 is Neutral, neither overbought nor oversold. The STOCH value of 33.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2391.

Planet, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2391	80 Outperform	¥8.28B	18.67		3.49%	0.45%	-1.74%
4307	69 Neutral	$3.50T	36.15	23.37%	1.02%	3.28%	16.48%
Sector *	68 Neutral	¥243.52B	15.34	6.64%	2.42%	9.16%	-0.15%
6098	68 Neutral	$13.46T	32.45	24.77%	0.27%	1.95%	22.99%
4751	64 Neutral	¥924.70B	36.48	15.68%	0.88%	6.80%	58.78%
6185	63 Neutral	¥7.04B	18.85		―	13.10%	―
4324	47 Neutral	$740.65B	―	-37.59%	4.95%	2.30%	-1250.34%