Rock Field Co., Ltd. (2910) AI Stock Analysis

• Market Cap: ¥34.57B
• Dividend Yield: 1.65%
• Average Volume (3M): 85.98K
• Price to Earnings (P/E): 285.4
• Beta (1Y): 0.28
• Revenue Growth: -1.17%
• EPS Growth: -84.81%
• Country: JP
• Employees: 1,635
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): -0.41
• Shares Outstanding: 26,788,748
• 10 Day Avg. Volume: 153,300
• 30 Day Avg. Volume: 85,980
• PEG Ratio: -1.67
• Price to Book (P/B): 1.39
• Price to Sales (P/S): 0.79
• P/FCF Ratio: 54.90
• 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
• EPS Forecast (FY): 27.2
• Revenue Forecast (FY): ¥52.10B

• Rating: 46 Neutral
• Price Target: ¥1,461.00 ▼(-1.48% Downside)

Rock Field Co., Ltd. faces significant challenges with weak financial performance and technical indicators pointing to bearish momentum. The high P/E ratio suggests overvaluation, further impacting the stock's attractiveness. The company's strong balance sheet is a positive, but operational inefficiencies and poor cash flow generation are major concerns.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage provides financial stability and flexibility, allowing the company to invest in growth opportunities and weather economic downturns.

High Gross Profit Margin

A high gross profit margin indicates efficient production and pricing strategies, which can support profitability even in challenging market conditions.

Market Reach through Partnerships

Strategic partnerships with major retailers enhance market reach and provide stable revenue channels, supporting long-term growth and brand visibility.

Negative Factors

Declining Revenue Growth

Negative revenue growth reflects challenges in market expansion and product demand, potentially impacting long-term profitability and competitive positioning.

Weak Cash Flow Performance

Weak cash flow limits the company's ability to invest in new opportunities and meet financial obligations, posing risks to operational sustainability and growth.

Operational Inefficiencies

Declining margins due to operational inefficiencies can erode profitability, necessitating improvements in cost management and operational processes to enhance competitiveness.

Rock Field Co., Ltd. Business Overview & Revenue Model

Company Description

Rock Field Co., Ltd. engages in the manufacture and sale of sozai products in Japan. It markets its products under the RF1, Kobe Croquettes, Vegeteria, Itohan, Yugo, and Green gourmet brand names. The company was founded in 1972 and is headquartered in Kobe, Japan.

How the Company Makes Money

Rock Field Co., Ltd. generates revenue through multiple streams, primarily by selling its range of processed food products to both retail consumers and food service businesses. The retail segment includes sales through supermarkets, convenience stores, and online platforms, where the company offers packaged delicatessen items and ready-to-eat meals. Additionally, Rock Field supplies its products to restaurants, catering services, and other food service establishments, contributing to a significant portion of its revenue. The company may also engage in strategic partnerships with food distributors and retailers to expand its market reach and enhance brand visibility. Seasonal promotions and product launches further play a role in driving sales, while the focus on quality and innovation helps to maintain customer loyalty and attract new clientele.

Rock Field Co., Ltd. Financial Statement Overview

Summary

Rock Field Co., Ltd. faces challenges in revenue growth and profitability, with declining margins and negative revenue growth. Despite a strong balance sheet with low leverage, cash flow performance is concerning due to significant declines in free cash flow. The company needs to address operational inefficiencies and improve cash generation to enhance overall financial health.

Income Statement

Rock Field Co., Ltd. has experienced a decline in revenue growth, with a negative growth rate of -0.785% in the latest year. Gross profit margin remains strong at 57.42%, but net profit margin has significantly decreased to 0.64%, indicating challenges in maintaining profitability. The EBIT and EBITDA margins have also declined, reflecting operational inefficiencies.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.0387, indicating low leverage and financial stability. Return on equity has decreased to 1.14%, suggesting reduced profitability for shareholders. The equity ratio remains healthy, indicating a solid capital structure.

Cash Flow

Cash flow performance has been weak, with a significant decline in free cash flow growth at -754.46%. The operating cash flow to net income ratio is 0.38, indicating challenges in converting income into cash. The free cash flow to net income ratio is 0.36, reflecting limited cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.95B	51.18B	51.36B	49.97B	47.12B	43.76B
Gross Profit	29.10B	29.39B	29.64B	28.43B	27.27B	25.40B
EBITDA	2.28B	2.42B	3.53B	3.24B	3.79B	3.35B
Net Income	119.00M	329.00M	1.25B	1.08B	1.38B	1.17B
Balance Sheet
Total Assets	34.86B	35.31B	36.02B	36.05B	36.50B	35.32B
Cash, Cash Equivalents and Short-Term Investments	12.53B	13.60B	14.16B	13.82B	14.52B	13.42B
Total Debt	325.00M	1.12B	1.42B	1.69B	2.07B	2.58B
Total Liabilities	6.31B	6.40B	6.88B	6.89B	7.42B	7.13B
Stockholders Equity	28.55B	28.91B	29.14B	29.16B	29.08B	28.19B
Cash Flow
Free Cash Flow	992.00M	733.00M	2.39B	1.29B	2.59B	431.00M
Operating Cash Flow	2.12B	2.03B	3.56B	2.21B	3.42B	2.76B
Investing Cash Flow	-1.58B	-1.40B	-1.24B	-1.08B	-1.01B	-2.50B
Financing Cash Flow	-1.12B	-1.19B	-1.98B	-1.84B	-1.31B	-733.00M

Rock Field Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1483.00
• 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:2910, the sentiment is Negative. The current price of 1483 is above the 20-day moving average (MA) of 1374.10, above the 50-day MA of 1419.56, and below the 200-day MA of 1501.36, indicating a bearish trend. The MACD of -33.38 indicates Positive momentum. The RSI at 37.80 is Neutral, neither overbought nor oversold. The STOCH value of 20.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2910.

Rock Field Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2918	73 Outperform	¥56.58B	14.58	―	3.23%	4.98%	-10.23%
2915	72 Outperform	¥29.98B	11.29	―	2.26%	-0.25%	-41.09%
2831	64 Neutral	¥30.91B	12.42	―	1.97%	0.16%	10.88%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2922	62 Neutral	¥23.66B	27.81	―	1.33%	-0.24%	-45.01%
2923	62 Neutral	¥37.58B	12.00	―	0.80%	8.19%	42.84%
2910	46 Neutral	¥34.57B	285.43	―	1.65%	-1.17%	-84.81%

Rock Field Co., Ltd. Corporate Events

Rock Field Co., Ltd. Reports Decline in Profits Amid Stable Financial Position

Rock Field Co., Ltd. reported a slight decline in net sales for the six months ended October 31, 2025, with a significant drop in operating and ordinary profits compared to the previous year. The company’s financial position remains stable with a high equity-to-asset ratio, but the forecast for the fiscal year ending April 30, 2026, anticipates further declines in profits, indicating potential challenges in maintaining profitability.

Rock Field Inc. Revises Earnings Forecast Amid Sales Challenges

Rock Field Inc. announced a downward revision of its full-year earnings forecast for the fiscal year ending April 2026, following lower-than-expected results in the second quarter. The company faced challenges with declining customer numbers in rural areas due to economic pressures, leading to reduced net sales and profits. Despite efforts to control costs and improve operations, an impairment loss was recorded, and the company anticipates continued sales challenges. However, they plan to boost customer numbers by enhancing product offerings and pricing strategies.