Cedar. Co.,Ltd (2435) AI Stock Analysis

• Market Cap: ¥2.40B
• Dividend Yield: 2.79%
• Average Volume (3M): 516.94K
• Price to Earnings (P/E): 5.4
• Beta (1Y): 0.80
• Revenue Growth: 3.03%
• EPS Growth: 118.71%
• Country: JP
• Employees: 1,332
• Sector: Healthcare
• Sector Strength: 37
• Industry: Medical - Care Facilities
• EPS (TTM): -2.56
• Shares Outstanding: 11,476,000
• 10 Day Avg. Volume: 112,540
• 30 Day Avg. Volume: 516,936
• PEG Ratio: 0.12
• Price to Book (P/B): 1.71
• 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: ¥228.00
• Price Target Upside: 6.05% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: ¥231.00 ▲(7.44%Upside)

The overall stock score is primarily influenced by the strong valuation, indicating potential undervaluation and attractive dividend yield. Financial performance shows a positive trajectory but is tempered by high leverage and low equity ratio risks. Technical analysis suggests a bearish trend, with indicators pointing to potential oversold conditions.

Cedar. Co.,Ltd Business Overview & Revenue Model

Company Description

Cedar Co., Ltd (2435) is a company that operates primarily in the healthcare sector, focusing on providing comprehensive nursing care services. The company is involved in offering a broad range of services, including home-visit nursing care, day care services, and residential care facilities. Cedar Co., Ltd aims to support the aging population by delivering quality care solutions that enhance the well-being and quality of life for elderly individuals.

How the Company Makes Money

Cedar Co., Ltd generates revenue through its diverse range of nursing care services tailored to meet the needs of the elderly population. The company earns money by providing home-visit nursing care, where caregivers visit clients' homes to offer medical and daily living support. Additionally, it operates day care centers and residential care facilities, where clients can receive assistance in a community setting. These services are typically funded through a combination of government subsidies, client fees, and private insurance payments. The company may also engage in partnerships with healthcare providers and local governments to expand its service offerings and improve accessibility to care, further contributing to its revenue streams.

Cedar. Co.,Ltd Financial Statement Overview

Summary

Cedar Co., Ltd shows promising growth with improving revenue and profit margins. However, high leverage poses a risk, despite effective capital utilization. Cash flow is strengthening, but the reliance on debt financing could be a concern for long-term stability.

Income Statement

The company exhibits steady revenue growth over the past years, with a 2.9% growth in the latest period. Gross profit margin is healthy at 12.8%, and net profit margin has improved to 2.0%, indicating enhanced profitability. However, EBIT and EBITDA margins show modest improvement, which suggests room for operational efficiency enhancements.

Balance Sheet

The balance sheet reflects high leverage with a debt-to-equity ratio of 10.42, raising concerns about financial stability. Despite this, the return on equity improved to 25.1%, highlighting effective capital utilization. The equity ratio at 7.0% is low, suggesting that the company is heavily reliant on debt financing.

Cash Flow

Operating cash flow is positive and covers net income well with a ratio of 2.23. Free cash flow growth is volatile but has improved, showing a positive trajectory at 46.5% from the previous year. However, the free cash flow to net income ratio is relatively low, indicating that net income conversion to free cash is not optimal.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	17.83B	17.30B	16.44B	15.75B	15.61B
Gross Profit	2.29B	2.21B	1.59B	1.55B	2.07B
EBITDA	1.66B	1.45B	935.00M	728.00M	1.47B
Net Income	348.00M	203.00M	-276.00M	-319.00M	387.00M
Balance Sheet
Total Assets	19.91B	20.33B	20.25B	20.46B	19.56B
Cash, Cash Equivalents and Short-Term Investments	1.48B	1.64B	1.03B	796.00M	825.00M
Total Debt	14.47B	15.22B	15.63B	15.84B	14.76B
Total Liabilities	18.50B	19.24B	19.36B	19.30B	17.95B
Stockholders Equity	1.39B	1.08B	889.00M	1.16B	1.61B
Cash Flow
Free Cash Flow	295.00M	995.00M	394.00M	-984.00M	-876.00M
Operating Cash Flow	777.00M	1.47B	797.00M	513.00M	1.14B
Investing Cash Flow	-142.00M	-446.00M	-358.00M	-1.47B	-2.06B
Financing Cash Flow	-791.00M	-418.00M	-207.00M	928.00M	881.00M

Cedar. Co.,Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 215.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2435, the sentiment is Neutral. The current price of 215 is below the 20-day moving average (MA) of 216.40, below the 50-day MA of 217.56, and below the 200-day MA of 217.57, indicating a bearish trend. The MACD of -0.46 indicates Positive momentum. The RSI at 49.86 is Neutral, neither overbought nor oversold. The STOCH value of 51.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2435.

Cedar. Co.,Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2425	79 Outperform	¥3.09B	8.26		2.46%	2.33%	-0.96%
9220	78 Outperform	¥2.69B	7.03		3.09%	5.85%	-22.29%
7129	75 Outperform	¥3.14B	9.86		2.64%	4.85%	4751.70%
2435	68 Neutral	¥2.40B	5.41		2.79%	3.03%	118.71%
6059	65 Neutral	¥5.95B	2.91		3.27%	0.91%	856.87%
2373	64 Neutral	¥5.73B	8.04		4.02%	8.95%	―
Sector *	61 Neutral	HK$17.40B	5.81	-7.44%	3.53%	11.55%	-28.15%