Revenue Growth And Gross MarginChoei's ~6.9% revenue growth alongside a 33.48% gross margin indicates sustained demand in core real-estate services and consistent cost control. That revenue trajectory and margin profile support durable cash earnings and pricing power, underpinning operational resilience over months.

Strong Operating ProfitabilityRobust EBIT (17.98%) and EBITDA (33.76%) margins reflect scalable service economics and operational efficiency. High margins provide a buffer against cost shocks, support reinvestment capacity and debt servicing, and bolster medium-term margin sustainability and competitive positioning.

High Return On EquityA 17.32% ROE demonstrates effective use of shareholder capital and disciplined capital allocation by management. Sustained ROE supports capacity for reinvestment and distributions, and signals underlying profitability and management quality relative to peers over the medium term.

Bears Say

High LeverageA debt-to-equity ratio of 4.10 denotes heavy leverage that raises interest expense and solvency risk. Elevated leverage reduces financial flexibility, increases refinancing vulnerability and can constrain strategic investments or deleveraging initiatives across the next several quarters.

Negative Free Cash Flow GrowthNegative FCF growth and a negative FCF-to-net-income ratio mean accounting profits are not converting to cash. With OCF/Net Income at 0.91, operating cash falls short of earnings, limiting the firm's ability to pay down debt, fund capex, or sustain distributions over the medium term.

Low Equity Ratio / Debt RelianceAn equity ratio of 17.90% shows the capital base is heavily debt-funded, increasing sensitivity to interest rates, covenant risk and funding cost increases. Paired with weak FCF, this structural reliance on debt materially raises liquidity and solvency vulnerability for the company.

2993 FAQ

What was Choei Inc.’s price range in the past 12 months?

Choei Inc. lowest stock price was ¥1921.00 and its highest was ¥2749.00 in the past 12 months.

What is Choei Inc.’s market cap?

Choei Inc.’s market cap is ¥10.77B.

When is Choei Inc.’s upcoming earnings report date?

Choei Inc.’s upcoming earnings report date is May 08, 2026 which is in 60 days.

How were Choei Inc.’s earnings last quarter?

Choei Inc. released its earnings results on Feb 10, 2026. The company reported ¥71.51 earnings per share for the quarter, beating the consensus estimate of N/A by ¥71.51.

Is Choei Inc. overvalued?

According to Wall Street analysts Choei Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Choei Inc. pay dividends?

Choei Inc. pays a Annually dividend of ¥100 which represents an annual dividend yield of 4.08%. See more information on Choei Inc. dividends here

What is Choei Inc.’s EPS estimate?

Choei Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Choei Inc. have?

Choei Inc. has 4,473,400 shares outstanding.

What happened to Choei Inc.’s price movement after its last earnings report?

Choei Inc. reported an EPS of ¥71.51 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.191%.

Which hedge fund is a major shareholder of Choei Inc.?

Currently, no hedge funds are holding shares in JP:2993

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Choei Inc.

Choei Inc. provides condominium management services in Japan. It offers rental real estate management, real estate leasing, real estate sales and rental brokerage, real estate development, home remodeling, monthly apartment, and rental services. The company was founded in 1980 and is headquartered in Kyoto, Japan.