CREAL Inc. (2998) AI Stock Analysis

• Market Cap: ¥27.34B
• Dividend Yield: 0.68%
• Average Volume (3M): 192.67K
• Price to Earnings (P/E): 28.7
• Beta (1Y): 0.68
• Revenue Growth: 30.12%
• EPS Growth: -10.51%
• Country: JP
• Employees: 127
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 6.19
• Shares Outstanding: 30,281,000
• 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: 63 Neutral
• Price Target: ¥1,015.00 ▲(6.51% Upside)

CREAL Inc.'s strong financial performance is the primary driver of its stock score, reflecting robust revenue growth and effective cash flow management. However, technical indicators suggest bearish momentum, and the valuation metrics indicate the stock may be overvalued, which tempers the overall score.

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 low equity base presents 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: Negative
• Last Price: 953.00
• 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:2998, the sentiment is Negative. The current price of 953 is below the 20-day moving average (MA) of 1054.85, below the 50-day MA of 1197.36, and below the 200-day MA of 992.11, indicating a bearish trend. The MACD of -93.10 indicates Positive momentum. The RSI at 40.12 is Neutral, neither overbought nor oversold. The STOCH value of 34.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	¥21.08B	13.50	―	1.89%	-40.77%	-91.81%
3454	69 Neutral	¥16.86B	10.71	―	5.53%	36.31%	52.62%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
2998	63 Neutral	¥27.34B	28.74	―	0.68%	30.12%	-10.51%
6620	63 Neutral	¥36.25B	149.80	―	―	-33.10%	-49.56%
7347	62 Neutral	¥16.49B	239.29	―	2.56%	11.20%	-93.41%
4310	33 Underperform	¥25.04B	25.57	―	19.63%	21.38%	―

CREAL Inc. Corporate Events

CREAL Inc. Reports Decline in Q2 2025 Financial Performance Amid Strategic Adjustments

CREAL Inc. reported a significant decline in its financial performance for the three months ended June 30, 2025, with net sales dropping by 27.2% year-on-year and a substantial decrease in profits. Despite this downturn, the company plans a stock split and maintains its dividend forecast, indicating a strategic move to enhance shareholder value and market positioning.