Hulic Co (3003) AI Stock Analysis

• Market Cap: ¥1.30T
• Dividend Yield: 3.3%
• Average Volume (3M): 1.56M
• Price to Earnings (P/E): 12.0
• Beta (1Y): 0.59
• Revenue Growth: 45.15%
• EPS Growth: 19.80%
• Country: JP
• Employees: 2,828
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 20.73
• Shares Outstanding: 767,907,700
• 10 Day Avg. Volume: 1,510,980
• 30 Day Avg. Volume: 1,563,270
• PEG Ratio: 1.26
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 1.76
• P/FCF Ratio: -92.14
• 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: 74 Outperform
• Price Target: ¥1,769.00 ▲(3.33% Upside)

Hulic Co's strong financial performance and attractive valuation are the primary drivers of its stock score. The company's robust revenue and profit growth, coupled with a low P/E ratio and solid dividend yield, make it an appealing investment. However, technical indicators suggest caution due to bearish momentum and neutral RSI levels.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding operations and market reach, enhancing long-term business sustainability and competitiveness.

Operational Efficiency

Strong operational efficiency through effective cost management supports profitability and allows for reinvestment in growth opportunities.

Cash Flow Management

Positive operating cash flow ensures liquidity and financial flexibility, enabling strategic investments and debt servicing.

Negative Factors

Leverage Risk

Moderate leverage increases financial risk during economic downturns, potentially impacting the company's ability to meet its obligations.

Free Cash Flow Fluctuation

Fluctuating free cash flow due to high capital expenditures can limit financial flexibility and affect the ability to fund new projects.

Capital Expenditure Impact

High capital expenditures, while necessary for growth, can strain cash resources and affect short-term financial health if not managed properly.

Hulic Co Business Overview & Revenue Model

Company Description

Hulic Co., Ltd. engages in the development, rental, sale, and brokerage of real estate properties in Japan. The company operates through three segments: Real Estate, Insurance, and Hotels and Inns. Its property portfolio includes office buildings, commercial buildings, residential rental buildings, hotels, and other properties. As of December 31, 2021, the company had a portfolio of approximately 265 lease properties. It also engages in the asset management and insurance agency businesses; and management of hotels and inns. Hulic Co., Ltd. was founded in 1931 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Hulic Co. generates revenue primarily through leasing and property management services. The company owns and manages a diverse portfolio of commercial properties, which provides a stable income stream from rental payments. Additionally, Hulic engages in property development, where it invests in new constructions and renovations, selling or leasing these properties upon completion. The firm also participates in real estate fund management, earning fees from managing investment funds that focus on real estate assets. Significant partnerships with local governments and other private entities for urban redevelopment projects further bolster its earnings by enabling access to prime locations and development incentives.

Hulic Co Financial Statement Overview

Summary

Hulic Co demonstrates strong revenue and profit growth, efficient operations, and solid profitability. While leverage is typical for the industry, it could be a potential risk if economic conditions worsen. Cash flow management is positive, although capital expenditures have affected free cash flow in recent years.

Income Statement

Hulic Co has shown strong revenue growth over the years, with a notable increase in total revenue from 2023 to 2024. The gross profit margin is healthy, reflecting efficient cost management. The net profit margin is also robust, indicating good profitability. EBIT and EBITDA margins are solid, showcasing operational efficiency.

Balance Sheet

The company's debt-to-equity ratio suggests moderate leverage, typical for the real estate industry, but could pose risk in economic downturns. Return on equity is strong, indicating efficient use of equity to generate profits. The equity ratio shows a stable capital structure, although there's a significant amount of total liabilities.

Cash Flow

Operating cash flow is consistently positive, which is a good indicator of cash management. However, free cash flow has fluctuated, with significant capital expenditures impacting it. The ratio of operating cash flow to net income is healthy, suggesting good cash generation relative to reported profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	686.84B	591.62B	446.38B	523.42B	447.08B	339.64B
Gross Profit	252.81B	230.93B	196.51B	172.57B	155.41B	139.88B
EBITDA	191.56B	183.25B	165.26B	144.53B	131.81B	116.09B
Net Income	103.10B	102.34B	94.63B	79.15B	69.56B	63.62B
Balance Sheet
Total Assets	3.42T	3.05T	2.48T	2.32T	2.21T	2.02T
Cash, Cash Equivalents and Short-Term Investments	169.70B	134.46B	82.88B	138.40B	206.21B	97.64B
Total Debt	2.23T	1.87T	1.45T	1.44T	1.39T	1.36T
Total Liabilities	2.56T	2.19T	1.71T	1.63T	1.57T	1.53T
Stockholders Equity	848.29B	833.07B	765.66B	686.73B	637.80B	486.49B
Cash Flow
Free Cash Flow	0.00	-11.32B	6.18B	-27.13B	78.06B	-119.19B
Operating Cash Flow	0.00	353.39B	270.82B	266.11B	291.74B	202.30B
Investing Cash Flow	0.00	-602.02B	-298.33B	-345.33B	-286.94B	-343.14B
Financing Cash Flow	0.00	300.59B	-28.02B	11.44B	106.59B	187.39B

Hulic Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1712.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3003, the sentiment is Positive. The current price of 1712 is above the 20-day moving average (MA) of 1686.38, above the 50-day MA of 1627.86, and above the 200-day MA of 1511.37, indicating a bullish trend. The MACD of 23.50 indicates Negative momentum. The RSI at 62.49 is Neutral, neither overbought nor oversold. The STOCH value of 80.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3003.

Hulic Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8804	78 Outperform	¥728.00B	12.21	10.73%	3.02%	-19.09%	16.31%
8830	76 Outperform	¥3.67T	18.40	8.82%	0.96%	0.49%	12.19%
3003	74 Outperform	¥1.30T	12.01	12.91%	3.30%	45.15%	19.80%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
8841	64 Neutral	¥80.67B	51.93	1.46%	1.19%	6.40%	230.12%
3231	63 Neutral	¥865.67B	12.78	8.38%	3.74%	3.52%	-17.58%
2337	56 Neutral	¥184.26B	9.75	16.39%	2.38%	7.21%	112.45%

Hulic Co Corporate Events

Hulic Co. Reports Strong Financial Growth and Revised Dividend Plan

Hulic Co., Ltd. reported a significant increase in its financial performance for the nine months ending September 30, 2025, with a 34.6% rise in operating revenue and a 19.7% increase in operating profit compared to the previous year. The company has also revised its dividend plan, indicating a positive outlook and commitment to returning value to shareholders.

Hulic Co. Adjusts Subsidiary Status Amid Strategic Investment Changes

Hulic Co., Ltd. has announced changes regarding its subsidiary, Nishi Tokyo Asset LLC, which will be reclassified from a consolidated to a non-consolidated subsidiary due to the return of investment funds. This decision impacts the company’s financial statements and reflects strategic adjustments in its investment approach, as the subsidiary was dissolved on September 30, 2025, with the change taking effect at the end of the fiscal year.

Hulic Co. Expands Investment in Canadian Solar Infrastructure Fund

Hulic Co., Ltd. announced its acquisition of 60,081 investment units in Canadian Solar Infrastructure Fund, Inc., with plans to acquire additional units to reach a total of 85,885 units, representing a 20% ownership stake. This strategic move signifies Hulic’s commitment to expanding its investment portfolio in renewable energy infrastructure, potentially enhancing its market position and offering new opportunities for stakeholders.

Hulic Co. Completes Tender Offer for Canadian Solar Infrastructure Fund Units

Hulic Co., Ltd. has successfully completed its tender offer to acquire investment units in Canadian Solar Infrastructure Fund, Inc. The tender offer, which ran from July 1 to September 18, 2025, resulted in Hulic purchasing all 60,081 tendered investment units, as the total did not exceed the maximum limit of 85,885 units. This acquisition may enhance Hulic’s portfolio and strengthen its position in the infrastructure fund market.