Ishigaki Foods Co., Ltd. (2901) AI Stock Analysis

• Market Cap: ¥15.03B
• Dividend Yield: 0.43%
• Average Volume (3M): 114.95K
• Price to Earnings (P/E): 26.7
• Beta (1Y): 0.59
• Revenue Growth: 4.29%
• EPS Growth: N/A
• Country: JP
• Employees: 57
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 1.82
• Shares Outstanding: 21,787,000
• 10 Day Avg. Volume: 70,770
• 30 Day Avg. Volume: 114,953
• 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: ¥762.00
• Price Target Upside: 10.43% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: ¥762.00 ▲(10.43% Upside)

Ishigaki Foods Co., Ltd. has a moderate overall stock score driven by strong technical momentum and improving financial performance. However, valuation concerns and cash flow efficiency issues limit the score.

Ishigaki Foods Co., Ltd. Business Overview & Revenue Model

Company Description

Wel-Dish.Incorporated develops, manufactures, imports, and sells food and beverages primarily in Japan. The company's products include barley, oolong, and decaffeinated caffeine tea, as well as beef jerky and other food products. It also offers meals and health foods, bathing-related products, flooring and clothing-related products, toilet-related products, walking-aid-related products, home-related equipment, housing renovation materials, facility-related products, nursing robot-related products, and life support-related products; dry ingredients for commercial use; and cosmetic raw materials, as well as undertakes contract manufacturing of OEM products. The company was formerly known as Ishigaki Foods Co.,Ltd. and changed its name to Wel-Dish.Incorporated in June 2024. Wel-Dish.Incorporated was founded in 1951 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Ishigaki Foods Co., Ltd. generates revenue through the production and sale of its processed seafood and meat products. The company's key revenue streams include wholesale distribution to supermarkets, restaurants, and food service companies, both within Japan and overseas. By leveraging its expertise in food processing and maintaining strong relationships with distributors and retailers, Ishigaki Foods ensures a steady flow of income. Additionally, the company may engage in strategic partnerships with other food manufacturers or distributors to expand its market reach and enhance its product offerings, further contributing to its earnings.

Ishigaki Foods Co., Ltd. Financial Statement Overview

Summary

Ishigaki Foods Co., Ltd. shows a recovery trend with improved profitability and equity standing. The income statement and balance sheet reflect positive developments, but cash flow efficiency needs enhancement.

Income Statement

Ishigaki Foods Co., Ltd. has shown improvement in its income statement metrics over the years. The company achieved a gross profit margin of 33.49% in the latest year, a significant improvement from previous losses. The net profit margin turned positive to 21.85% from negative figures, indicating a turnaround in profitability. Revenue growth has been inconsistent, with recent declines, but the company has managed to improve its EBIT and EBITDA margins to 10.16% and 24.67%, respectively, from previous negative margins.

Balance Sheet

The balance sheet reveals a stable financial position with a debt-to-equity ratio of 0.48, showing manageable leverage compared to industry norms. Return on equity improved substantially to 16.13%, reflecting effective use of equity. The equity ratio is 58.50%, indicating a strong equity base relative to total assets, which enhances financial stability. However, the negative equity in previous years highlighted historical financial distress.

Cash Flow

The cash flow statement shows a positive shift in free cash flow, which increased to 4.52M from negative figures. The operating cash flow to net income ratio stands at 0.06, suggesting room for improvement in cash conversion efficiency. The free cash flow to net income ratio of 0.01 indicates limited free cash flow generation relative to net income, pointing towards potential challenges in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.97B	1.97B	2.02B	2.98B	2.41B	2.80B
Gross Profit	661.39M	661.30M	643.96M	821.00M	791.12M	932.16M
EBITDA	485.03M	487.11M	-335.66M	-103.38M	-145.62M	-93.24M
Net Income	430.87M	431.59M	-351.61M	-115.25M	-158.18M	-108.50M
Balance Sheet
Total Assets	4.57B	4.57B	880.47M	890.78M	1.01B	1.08B
Cash, Cash Equivalents and Short-Term Investments	1.08B	1.08B	224.12M	221.02M	522.68M	500.89M
Total Debt	1.29B	1.29B	674.52M	565.03M	522.98M	737.09M
Total Liabilities	1.90B	1.90B	953.68M	756.82M	759.95M	1.04B
Stockholders Equity	2.68B	2.68B	-73.21M	133.96M	252.95M	45.34M
Cash Flow
Free Cash Flow	0.00	4.52M	-37.11M	-372.16M	-267.47M	-42.81M
Operating Cash Flow	0.00	24.28M	-36.60M	-365.07M	-266.79M	-37.71M
Investing Cash Flow	0.00	35.65M	-50.72M	19.22M	166.04M	-146.17M
Financing Cash Flow	0.00	789.24M	90.08M	43.45M	122.14M	497.08M

Ishigaki Foods Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 690.00
• 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:2901, the sentiment is Positive. The current price of 690 is above the 20-day moving average (MA) of 668.40, above the 50-day MA of 643.93, and above the 200-day MA of 680.61, indicating a bullish trend. The MACD of 14.77 indicates Negative momentum. The RSI at 56.01 is Neutral, neither overbought nor oversold. The STOCH value of 39.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2901.

Ishigaki Foods Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2814	75 Outperform	¥11.72B	19.47	3.09%	1.13%	6.74%	-10.71%
2903	74 Outperform	¥17.57B	18.25	6.59%	1.63%	6.40%	-11.56%
2806	68 Neutral	¥14.25B	24.11	2.46%	1.95%	2.80%	28.76%
2901	64 Neutral	¥15.03B	26.72	―	0.43%	4.29%	―
2904	59 Neutral	¥13.77B	18.37	5.04%	1.61%	0.27%	-22.12%
2937	57 Neutral	¥18.05B	60.23	7.07%	1.80%	3.68%	-44.35%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%