CREAL Inc. (2998) AI Stock Analysis

• Market Cap: ¥33.51B
• Dividend Yield: 0.66%
• Average Volume (3M): 192.67K
• Price to Earnings (P/E): 24.7
• Beta (1Y): 0.84
• Revenue Growth: 10.67%
• EPS Growth: 6.94%
• Country: JP
• Employees: 127
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 11.09
• Shares Outstanding: 36,037,200
• 10 Day Avg. Volume: 202,250
• 30 Day Avg. Volume: 192,670
• PEG Ratio: 0.18
• Price to Book (P/B): 4.67
• Price to Sales (P/S): 0.59
• P/FCF Ratio: 2.25
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: ¥863.00 ▼(-7.20% Downside)

CREAL Inc. shows strong financial performance with robust revenue and profit growth, but technical indicators suggest bearish momentum. The valuation appears high, which may limit upside potential. The lack of earnings call and corporate event data means these factors do not influence the score.

Positive Factors

Revenue Growth

The significant increase in revenue over five years indicates robust business expansion and effective market penetration, supporting long-term growth prospects.

Cash Flow Management

Effective cash flow management ensures the company can support its operations and growth initiatives, enhancing financial stability and operational flexibility.

Improved Capital Structure

The improved capital structure reduces leverage risk and indicates stronger solvency, providing a more stable financial foundation for future growth.

Negative Factors

Low Equity Base

A low equity base can limit the company's ability to absorb financial shocks, potentially impacting its long-term financial health and growth capacity.

Decline in EPS Growth

Negative EPS growth suggests challenges in maintaining profitability, which could hinder the company's ability to reinvest in growth and innovation over time.

Profit Margin Fluctuations

Fluctuations in profit margins may indicate volatility in cost management or pricing power, potentially affecting long-term profitability and competitiveness.

CREAL Inc. Business Overview & Revenue Model

Company Description

CREAL Inc. operates an asset management platform in Japan. It operates CREAL, a real estate fund online market for individuals; CREAL PB, an asset management service platform for individuals; and CREAL Pro, a platform that provides real estate investment management services to institutional investors and high-net-worth investors. The company also provides asset management services through investment in physical real estate; and rental management services. CREAL Inc. was incorporated in 2011 and is headquartered in Tokyo, Japan.

How the Company Makes Money

CREAL Inc. generates revenue through multiple key streams. Primarily, the company earns income from transaction fees charged on real estate investments facilitated through its platform. This includes commissions on property sales and management fees for properties under its management. Additionally, CREAL Inc. may receive revenue from subscription services provided to investors seeking advanced analytics and market insights. The company also explores partnerships with financial institutions, which can enhance its service offerings and provide additional revenue opportunities through co-branded products or joint ventures.

CREAL Inc. Financial Statement Overview

Summary

CREAL Inc. demonstrates strong financial performance with significant revenue and profit growth, improved margins, and effective cash flow management. The balance sheet shows improvement, but the relatively low equity base may present some risk.

Income Statement

CREAL Inc. shows strong revenue growth, increasing from ¥3.77 billion in 2020 to ¥41.82 billion in 2025, reflecting robust business expansion. The gross profit margin improved to 13.5% in 2025, up from 26.9% in 2020, indicating efficient cost management. The net profit margin also rose to 3.23% in 2025 from 4.02% in 2020, demonstrating enhanced profitability. EBIT and EBITDA margins have improved, showcasing operational efficiency.

Balance Sheet

The company's debt-to-equity ratio decreased over time, reflecting improved capital structure and reduced leverage risk. The equity ratio improved to 9.96% in 2025 from 5.05% in 2020, indicating stronger solvency. Return on equity (ROE) increased to 25.62% in 2025, highlighting effective use of equity. However, the overall equity base remains relatively low, suggesting potential financial vulnerability.

Cash Flow

CREAL Inc. demonstrates strong cash flow management, with free cash flow turning positive and exhibiting substantial growth over the years. The operating cash flow to net income ratio and free cash flow to net income ratio both indicate strong cash generation relative to profitability. The company has effectively converted earnings into cash, supporting its business operations and growth initiatives.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	38.07B	41.82B	21.04B	16.44B	10.58B	7.14B
Gross Profit	5.41B	5.65B	3.56B	2.21B	1.55B	1.17B
EBITDA	2.69B	2.01B	1.04B	609.73M	372.49M	245.05M
Net Income	938.46M	1.35B	647.57M	336.17M	172.42M	50.23M
Balance Sheet
Total Assets	51.11B	52.94B	35.75B	21.49B	10.93B	9.05B
Cash, Cash Equivalents and Short-Term Investments	17.95B	19.21B	9.54B	7.55B	1.99B	2.04B
Total Debt	5.35B	4.76B	5.94B	3.03B	1.18B	2.27B
Total Liabilities	45.80B	47.66B	31.94B	18.38B	9.88B	8.17B
Stockholders Equity	5.32B	5.27B	3.81B	3.11B	1.04B	871.30M
Cash Flow
Free Cash Flow	0.00	10.96B	-1.26B	1.27B	196.17M	-745.75M
Operating Cash Flow	0.00	10.02B	-1.21B	1.29B	274.83M	-513.92M
Investing Cash Flow	0.00	-1.17B	-134.78M	-122.80M	237.44M	-239.15M
Financing Cash Flow	0.00	-1.11B	2.91B	3.57B	-1.09B	1.41B

CREAL Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 930.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2998, the sentiment is Neutral. The current price of 930 is above the 20-day moving average (MA) of 855.20, below the 50-day MA of 938.58, and below the 200-day MA of 1034.37, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 54.99 is Neutral, neither overbought nor oversold. The STOCH value of 80.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2998.

CREAL Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3772	69 Neutral	¥20.71B	111.75	―	1.85%	-40.77%	-91.81%
3454	69 Neutral	¥17.01B	10.80	―	2.86%	36.31%	52.62%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
2998	64 Neutral	¥33.51B	24.65	―	0.66%	10.67%	6.94%
6620	63 Neutral	¥32.41B	140.14	―	―	-33.10%	-49.56%
7347	62 Neutral	¥16.86B	245.91	―	2.52%	1.35%	-91.61%
4310	33 Underperform	¥23.77B	20.69	―	18.63%	21.38%	―

CREAL Inc. Corporate Events

CREAL Inc. Reports Decline in Semi-Annual Financial Results

CREAL Inc. reported a significant decline in its financial performance for the six months ended September 30, 2025, with net sales decreasing by 22.5% compared to the previous year. The company’s operating profit, ordinary profit, and profit attributable to owners also saw substantial decreases. Despite these challenges, the company has maintained its financial forecast for the fiscal year ending March 31, 2026, indicating its confidence in future recovery and growth.