ASKUL (2678) AI Stock Analysis

• Market Cap: ¥143.09B
• Dividend Yield: 369.38%
• Average Volume (3M): 341.22K
• Price to Earnings (P/E): 15.9
• Beta (1Y): 0.37
• Revenue Growth: 3.87%
• EPS Growth: -50.88%
• Country: JP
• Employees: 3,687
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Specialty Retail
• EPS (TTM): 25.02
• Shares Outstanding: 94,771,300
• 10 Day Avg. Volume: 219,710
• 30 Day Avg. Volume: 341,216
• PEG Ratio: 1.70
• Price to Book (P/B): 2.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 31.14
• 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: ¥1,540.35
• Price Target Upside: 1.94% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 74 Outperform
• Price Target: ¥1,702.00 ▲(12.64%Upside)

ASKUL's overall stock score is driven by strong financial performance and reasonable valuation. The company's financial health is robust with consistent growth and profitability. Technical analysis indicates some volatility, but medium-term trends are positive. Valuation metrics suggest the stock is fairly priced, offering a balanced risk-reward profile.

ASKUL Business Overview & Revenue Model

Company Description

ASKUL Corporation is a leading Japanese e-commerce company specializing in the distribution of office products, industrial supplies, and various consumer goods. Headquartered in Tokyo, the company operates primarily in the B2B sector, offering a comprehensive range of products including stationery, office furniture, and everyday essentials. ASKUL also manages an online platform, providing efficient logistics and delivery services to businesses across Japan.

How the Company Makes Money

ASKUL makes money by leveraging its e-commerce platform to sell a vast array of office supplies and consumer goods to businesses and individuals. The company generates revenue through direct sales of products, earning margins on the goods it distributes. Additionally, ASKUL partners with various suppliers to offer a wide selection of items, further expanding its inventory and revenue potential. The company benefits from economies of scale and efficient logistics operations, which help to reduce costs and enhance profitability. ASKUL's significant focus on customer service and quick delivery times also contribute to its competitive advantage and revenue growth.

ASKUL Financial Statement Overview

Summary

ASKUL exhibits strong financial health with consistent revenue growth, efficient operations, and a stable balance sheet. Profitability is solid, supported by effective equity use, though cash flow management could be optimized.

Income Statement

ASKUL's income statement reflects strong growth and profitability. The gross profit margin is robust, highlighting efficient cost management. Net profit margin has significantly improved over the years, showcasing enhanced bottom-line profitability. Revenue growth has been consistent, indicating solid market presence and demand. EBIT and EBITDA margins are healthy, demonstrating operational efficiency.

Balance Sheet

The balance sheet of ASKUL shows a stable financial position. The debt-to-equity ratio is manageable, indicating a balanced mix of debt and equity financing. The equity ratio reflects a solid level of equity supporting the assets. Return on equity is strong, signifying effective use of shareholders' funds. However, there is room for improvement in reducing liabilities to strengthen the balance sheet further.

Cash Flow

ASKUL's cash flow statement highlights a steady ability to generate cash from operations. Free cash flow has been positive, although growth has been modest. The operating cash flow to net income ratio is satisfactory, indicating good conversion of income into cash. However, the free cash flow to net income ratio suggests potential for enhancing cash efficiency.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	477.76B	471.68B	446.71B	428.52B	422.15B	400.38B
Gross Profit	117.30B	117.50B	107.04B	105.07B	104.38B	95.68B
EBITDA	20.63B	39.47B	21.95B	20.79B	18.11B	14.73B
Net Income	9.64B	19.14B	9.79B	9.21B	7.76B	5.65B
Balance Sheet
Total Assets	226.82B	243.06B	227.51B	188.02B	190.11B	174.11B
Cash, Cash Equivalents and Short-Term Investments	56.35B	61.74B	66.22B	58.79B	66.26B	63.26B
Total Debt	30.58B	36.14B	40.79B	25.20B	28.41B	29.70B
Total Liabilities	147.19B	161.73B	160.63B	130.75B	130.90B	121.29B
Stockholders Equity	76.37B	78.26B	64.14B	56.76B	58.77B	52.44B
Cash Flow
Free Cash Flow	3.27B	5.45B	5.65B	7.87B	7.11B	11.52B
Operating Cash Flow	5.86B	16.89B	20.13B	17.95B	16.00B	16.61B
Investing Cash Flow	-4.36B	-11.54B	-22.93B	-10.75B	-9.08B	-6.05B
Financing Cash Flow	-3.91B	-9.83B	10.23B	-14.67B	-3.92B	-4.76B

ASKUL Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1511.00
• 50DMA: Positive
• 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:2678, the sentiment is Neutral. The current price of 1511 is below the 20-day moving average (MA) of 1518.60, above the 50-day MA of 1501.76, and below the 200-day MA of 1699.69, indicating a neutral trend. The MACD of -3.93 indicates Positive momentum. The RSI at 50.28 is Neutral, neither overbought nor oversold. The STOCH value of 50.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2678.

ASKUL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3048	76 Outperform	€281.77B	16.23	11.19%	2.19%	11.59%	305.12%
2678	74 Outperform	¥143.09B	15.92	11.70%	369.38%	3.87%	-50.88%
Sector *	71 Outperform	¥177.21B	17.72	12.53%	19.19%	5.34%	8.93%
8282	69 Neutral	¥233.84B	25.42		3.03%	2.74%	35.44%
2730	68 Neutral	¥218.92B	15.63		2.29%	6.52%	47.34%
7636	66 Neutral	¥11.49B	12.05		3.72%	4.17%	28.46%
2681	58 Neutral	¥61.39B	13.52		2.20%	-1.42%	-58.51%

ASKUL Corporate Events

ASKUL Corporation Reports February Sales Growth

ASKUL Corporation reported a 5.2% year-on-year increase in non-consolidated net sales for February 2025, with the ASKUL business seeing a 5.1% rise and the LOHACO business experiencing a 6.2% growth. The increase in sales is partly attributed to an additional business day compared to February 2024, with an adjusted growth rate of 0.7%. These results highlight ASKUL’s steady performance and potential positive impact on its market positioning and stakeholder confidence.