A.D.Works Group Co.Ltd (2982) AI Stock Analysis

• Market Cap: ¥20.76B
• Dividend Yield: 2.76%
• Average Volume (3M): 1.12M
• Price to Earnings (P/E): 6.2
• Beta (1Y): 1.02
• Revenue Growth: 45.01%
• EPS Growth: 89.71%
• Country: JP
• Employees: 240
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 20.54
• Shares Outstanding: 50,537,365
• 10 Day Avg. Volume: 676,510
• 30 Day Avg. Volume: 1,115,973
• PEG Ratio: 0.06
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.30
• P/FCF Ratio: -2.84
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ¥427.00 ▲(1.18% Upside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is supported by strong valuation (low P/E and ~4% yield) and improved earnings scale/margins, but held back by materially weak and volatile cash generation (notably large negative 2025 operating/free cash flow), elevated leverage, and bearish technical trend signals (below key moving averages with negative MACD).

Positive Factors

Revenue scale growth

Sustained revenue scaling to ~¥67.5B indicates durable market demand and successful execution of acquisition/redevelopment strategy. Larger scale supports fixed-cost absorption, bargaining power with suppliers/tenants, and provides a broader base for recurring fees and future margin expansion.

Negative Factors

Elevated leverage

Higher leverage increases sensitivity to interest-rate moves, refinancing risk, and asset-value volatility typical in real estate. With D/E near 2.2, the company faces greater fixed financing costs and reduced flexibility, which can amplify stress during funding squeezes or property price corrections.

A.D.Works Group Co.Ltd Business Overview & Revenue Model

Company Description

A.D. Works Group Co., Ltd. operates in the real estate business. It engages in the real estate leasing and sale activities. The company is also involved in the provision of property management and real estate consulting services, as well as in the...

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A.D. Works Group Co., Ltd. operates in the real estate business. It engages in the real estate leasing and sale activities. The company is also involved in the provision of property management and real estate consulting services, as well as in the...

How the Company Makes Money

The company primarily makes money by charging clients fees for HR services. Key revenue streams typically include (1) staffing/temporary worker dispatch fees paid by corporate clients based on hours worked (with the company earning a spread betwee...

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The company primarily makes money by charging clients fees for HR services. Key revenue streams typically include (1) staffing/temporary worker dispatch fees paid by corporate clients based on hours worked (with the company earning a spread betwee...

A.D.Works Group Co.Ltd Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	62.06B	67.53B	49.91B	41.34B	27.86B	24.96B
Gross Profit	10.20B	11.84B	8.64B	7.02B	5.39B	4.73B
EBITDA	4.53B	6.29B	3.36B	2.59B	1.50B	1.09B
Net Income	2.30B	3.32B	1.61B	1.42B	527.19M	312.28M
Balance Sheet
Total Assets	61.40B	72.06B	59.81B	58.85B	53.36B	42.05B
Cash, Cash Equivalents and Short-Term Investments	9.69B	11.91B	10.13B	9.81B	7.43B	9.49B
Total Debt	36.20B	45.76B	35.66B	34.81B	32.52B	23.08B
Total Liabilities	41.59B	51.49B	41.05B	41.69B	37.50B	27.23B
Stockholders Equity	19.79B	20.58B	18.74B	17.14B	15.81B	14.79B
Cash Flow
Free Cash Flow	-19.00M	-7.19B	1.27B	-1.12B	-11.52B	-4.45B
Operating Cash Flow	504.00M	-5.95B	1.73B	-683.62M	-11.45B	-4.44B
Investing Cash Flow	-598.00M	-1.34B	-329.79M	-146.84M	142.11M	-123.59M
Financing Cash Flow	-190.00M	8.90B	-1.20B	3.01B	10.07B	5.26B

A.D.Works Group Co.Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 422.00
• 50DMA: Negative
• 100DMA: Negative
• 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:2982, the sentiment is Negative. The current price of 422 is above the 20-day moving average (MA) of 421.25, below the 50-day MA of 432.24, and above the 200-day MA of 418.10, indicating a neutral trend. The MACD of -0.28 indicates Negative momentum. The RSI at 48.15 is Neutral, neither overbought nor oversold. The STOCH value of 69.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2982.

A.D.Works Group Co.Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3276	76 Outperform	¥21.75B	12.03	―	4.36%	1.52%	16.04%
3484	75 Outperform	¥20.41B	13.81	―	2.47%	15.04%	68.39%
3457	67 Neutral	¥22.27B	85.17	―	4.31%	-6.89%	7.72%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
2980	64 Neutral	¥54.12B	9.84	―	0.45%	-8.33%	-36.89%
2982	63 Neutral	¥20.76B	6.16	―	2.76%	45.01%	89.71%
2991	59 Neutral	¥14.78B	6.93	―	1.47%	20.82%	9.86%