Kioxia Holdings Corporation (285A) AI Stock Analysis

• Market Cap: ¥2.16T
• Dividend Yield: N/A
• Average Volume (3M): 7.82M
• Price to Earnings (P/E): 9.8
• Beta (1Y): 1.15
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: 15,249
• Sector: Technology
• Sector Strength: 85
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 33.90
• Shares Outstanding: 539,523,250
• 10 Day Avg. Volume: 11,966,559
• 30 Day Avg. Volume: 7,823,536
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥3,080.00
• Price Target Upside: -30.63% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 68 Neutral
• Price Target: ¥4,840.00 ▲(9.01% Upside)

Kioxia Holdings' overall stock score is driven by strong financial performance, particularly in cash flow generation and profitability improvements. The stock's valuation is attractive with a low P/E ratio, suggesting potential undervaluation. However, technical indicators warn of an overbought condition, which could lead to short-term volatility. The absence of earnings call and corporate events data limits additional insights.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust sales performance and market demand, supporting long-term business expansion and competitive positioning.

Cash Generation

Improved cash generation enhances financial flexibility, enabling the company to invest in growth opportunities and manage debt effectively.

Profitability Improvement

Improved profitability margins reflect operational efficiency and effective cost management, contributing to sustainable financial health.

Negative Factors

High Debt Levels

Significant leverage can pose risks to financial stability and limit strategic flexibility, necessitating careful debt management.

Profitability Volatility

Fluctuating profitability can impact investor confidence and long-term planning, highlighting the need for consistent performance.

Equity Ratio Concerns

A moderate equity ratio indicates potential vulnerability to financial shocks, underscoring the importance of strengthening equity levels.

Kioxia Holdings Corporation Business Overview & Revenue Model

Company Description

Kioxia Holdings Corp. engages in the supervision and management of its subsidiaries that deals with memory storage business. It also handles the formulation of management strategies for the entire group. The company was founded on March 1, 2019 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Kioxia Holdings Corporation generates revenue primarily through the sale of its memory products, including NAND flash memory and solid-state drives. These products are sold to various sectors, including electronics manufacturers, data center operators, and enterprises requiring storage solutions. The company benefits from the increasing demand for storage capacity driven by trends such as cloud computing, big data, and the proliferation of mobile devices. Additionally, Kioxia engages in strategic partnerships and collaborations to enhance its technological capabilities and market reach, further contributing to its revenue streams.

Kioxia Holdings Corporation Financial Statement Overview

Summary

Kioxia Holdings has demonstrated a strong recovery in financial performance, with significant improvements in revenue growth and profitability. The income statement shows robust sales performance and operational efficiency, while cash flow metrics highlight strong cash generation. However, the balance sheet indicates a high debt-to-equity ratio, necessitating careful debt management.

Income Statement

Kioxia Holdings has shown a significant turnaround in its income statement metrics. The latest year saw a strong recovery with a gross profit margin of 33.35% and a net profit margin of 15.96%, compared to negative figures in the prior years. The revenue growth rate improved significantly by 58.56% from the previous year, indicating robust sales performance. EBIT and EBITDA margins also turned positive at 25.86% and 44.98%, respectively, highlighting operational efficiency. However, historical volatility in profitability remains a concern.

Balance Sheet

The balance sheet indicates a relatively high debt-to-equity ratio of 1.35, reflecting significant leverage, which could be a risk if not managed carefully. However, the return on equity has improved to 36.92%, showcasing effective use of shareholders' funds in the latest year. The equity ratio stands at 25.26%, suggesting a moderate level of financial stability. The company needs to maintain its debt levels under control to ensure long-term financial health.

Cash Flow

Kioxia Holdings exhibits strong cash flow performance. The free cash flow growth rate was impressive, moving from negative in previous years to a positive 331.05%, indicating improved cash generation. The operating cash flow to net income ratio of 1.75 reflects robust cash conversion ability. The free cash flow to net income ratio of 0.93 also demonstrates efficient cash management. This financial strength provides a cushion for future investments and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2019
Income Statement
Total Revenue	1.62T	1.71T	1.08T	1.28T	1.53T	987.23B
Gross Profit	484.02B	569.43B	-52.35B	126.66B	413.97B	670.00M
EBITDA	694.93B	767.76B	51.11B	274.54B	645.95B	239.76B
Net Income	220.84B	272.31B	-243.73B	-138.14B	105.92B	-166.69B
Balance Sheet
Total Assets	2.89T	2.92T	2.86T	2.97T	3.07T	2.72T
Cash, Cash Equivalents and Short-Term Investments	178.42B	167.93B	187.59B	261.35B	469.81B	219.66B
Total Debt	995.43B	999.52B	1.29T	1.27T	1.25T	1.27T
Total Liabilities	2.13T	2.18T	2.42T	2.32T	2.27T	2.02T
Stockholders Equity	760.17B	737.57B	449.63B	658.07B	793.86B	699.15B
Cash Flow
Free Cash Flow	212.11B	252.57B	-109.33B	-167.28B	151.58B	-197.65B
Operating Cash Flow	442.38B	476.42B	195.11B	339.10B	549.13B	159.12B
Investing Cash Flow	-176.09B	-173.01B	-274.85B	-498.56B	-400.30B	-352.39B
Financing Cash Flow	-255.80B	-322.68B	3.24B	-50.79B	-93.28B	154.30B

Kioxia Holdings Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
285A	68 Neutral	¥2.16T	9.78		―	―	―
Sector *	61 Neutral	$36.69B	12.42	-10.22%	1.85%	8.50%	-7.32%
LSRCF	―	$10.15B	17.50	47.47%	1.93%	―	―
MNBEF	―	$7.40B	19.59	7.69%	1.68%	―	―
3436	68 Neutral	¥449.44B	41.85		1.25%	0.04%	-61.48%
6967	60 Neutral		―		―	2.41%	-3.95%
6976	59 Neutral	¥381.53B	152.85		2.96%	4.21%	-135.36%

Kioxia Holdings Corporation Corporate Events

Toshiba’s Financial Results Finalized: Implications for Kioxia

The financial results for the fiscal year ending March 2025 of Kioxia Holdings Corporation’s unlisted parent company, Toshiba Corporation, have been finalized. This announcement provides insights into the ownership structure and leadership of Toshiba, which could impact Kioxia’s strategic positioning and stakeholder interests.

The most recent analyst rating on (JP:285A) stock is a Hold with a Yen2300.00 price target. To see the full list of analyst forecasts on Kioxia Holdings Corporation stock, see the JP:285A Stock Forecast page.

Kioxia Aims to Meet Prime Market Listing Criteria by 2030

Kioxia Holdings Corporation is working towards meeting the Tokyo Stock Exchange’s criteria for continued listing on the Prime Market by March 2030. The company plans to increase its ratio of outstanding shares to 35% by implementing growth measures, such as introducing new SSD products and advancing technology development. Major shareholders, including Toshiba Corporation and Bain Capital, are considering measures to sell their shares, which is crucial for Kioxia to meet the listing requirements.

The most recent analyst rating on (JP:285A) stock is a Hold with a Yen2300.00 price target. To see the full list of analyst forecasts on Kioxia Holdings Corporation stock, see the JP:285A Stock Forecast page.

Kioxia Shares Selected for Loan Margin Trading on TSE Prime Market

Kioxia Holdings Corporation has announced that its shares have been newly selected as a Loan Margin Trading Issue on the Tokyo Stock Exchange Prime Market, effective June 24, 2025. This selection is expected to enhance the liquidity and supply-demand balance of the company’s shares, promoting active trading and fair pricing, which could positively impact its market positioning and stakeholder interests.

The most recent analyst rating on (JP:285A) stock is a Hold with a Yen2300.00 price target. To see the full list of analyst forecasts on Kioxia Holdings Corporation stock, see the JP:285A Stock Forecast page.