Planet, Inc. (2391) AI Stock Analysis

• Market Cap: ¥8.51B
• Dividend Yield: 3.35%
• Average Volume (3M): 2.87K
• Price to Earnings (P/E): 19.2
• Beta (1Y): 0.18
• Revenue Growth: 1.49%
• EPS Growth: -2.81%
• Country: JP
• Employees: 47
• Sector: Technology
• Sector Strength: 87
• Industry: Information Technology Services
• EPS (TTM): 15.58
• Shares Outstanding: 6,632,800
• 10 Day Avg. Volume: 3,290
• 30 Day Avg. Volume: 2,866
• PEG Ratio: 8.81
• Price to Book (P/B): 1.54
• 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. provides electronic data interchange (EDI) services in Japan. It engages in the standardization of data interchange among companies for ordering, shipping, billing, and payment transactions. The company offers Basic EDI, a service that supports the transactions between manufacturers and wholesalers; MITEOS, a system that can process orders and creates and sends purchasing information on a web browser between wholesalers and its partner manufacturers; Web ordering, a service that supports EDI between Planet participating manufacturers and wholesalers; Sales report service in which Planet receives sales data sent from wholesalers to manufacturers; Material EDI, a solution between consumer goods manufacturers and material suppliers. It also provides Business Partner Database that provides standard business partner code information, used to specify delivery destinations for EDI services; and Product Database, a service that offers product information, such as cosmetics, pet food and supplies, OTC medicines, and other products. In addition, the company offers Buyers' Net, an information service that supports businesses merchandising operations between manufacturers, wholesalers, and retailers. Planet, Inc. was incorporated in 1985 and is based in Tokyo, Japan.

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	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	3.18B	3.17B	3.13B	3.13B	3.07B	3.05B
Gross Profit	1.98B	2.02B	2.04B	2.08B	2.00B	2.00B
EBITDA	799.92M	853.00M	864.72M	896.75M	930.15M	954.98M
Net Income	433.19M	458.10M	442.42M	526.12M	498.08M	441.72M
Balance Sheet
Total Assets	6.26B	6.56B	6.37B	6.27B	5.82B	5.31B
Cash, Cash Equivalents and Short-Term Investments	2.69B	2.68B	2.61B	2.72B	2.53B	2.27B
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	839.00M	1.13B	1.02B	1.11B	986.65M	892.12M
Stockholders Equity	5.42B	5.43B	5.35B	5.16B	4.83B	4.42B
Cash Flow
Free Cash Flow	0.00	319.34M	208.75M	468.20M	599.70M	572.97M
Operating Cash Flow	0.00	625.49M	632.22M	689.05M	779.95M	721.80M
Investing Cash Flow	0.00	-267.73M	-470.44M	-214.84M	-243.43M	-292.05M
Financing Cash Flow	0.00	-285.10M	-278.49M	-278.77M	-275.20M	-268.68M

Planet, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1282.00
• 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:2391, the sentiment is Positive. The current price of 1282 is above the 20-day moving average (MA) of 1267.30, above the 50-day MA of 1257.62, and above the 200-day MA of 1232.35, indicating a bullish trend. The MACD of 7.40 indicates Negative momentum. The RSI at 59.48 is Neutral, neither overbought nor oversold. The STOCH value of 59.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2391.

Planet, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9360	83 Outperform	¥8.80B	7.63		3.01%	11.40%	45.43%
2391	80 Outperform	¥8.51B	19.18		3.35%	1.49%	-2.81%
4356	76 Outperform	¥8.86B	11.33		1.93%	5.64%	1.34%
4442	72 Outperform	¥9.09B	14.64		0.93%	4.18%	15.01%
4769	72 Outperform	¥7.70B	15.30		3.50%	9.15%	32.86%
Sector *	63 Neutral	$34.04B	6.14	-11.52%	1.82%	5.53%	-18.79%
5026	61 Neutral	¥9.00B	98.59		―	56.57%	―