Rasa Corporation (3023) AI Stock Analysis

• Market Cap: ¥14.71B
• Dividend Yield: 5.22%
• Average Volume (3M): 14.22K
• Price to Earnings (P/E): 7.7
• Beta (1Y): 0.80
• Revenue Growth: -4.83%
• EPS Growth: 7.03%
• Country: JP
• Employees: 253
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Industrial Materials
• EPS (TTM): 76.89
• Shares Outstanding: 11,383,838
• 10 Day Avg. Volume: 11,730
• 30 Day Avg. Volume: 14,223
• PEG Ratio: -8.68
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.59
• 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

• Rating: 76 Outperform
• Price Target: ¥1,629.00 ▲(12.04%Upside)

Rasa Corporation's stock is supported by strong financial fundamentals and attractive valuation metrics. Despite challenges in revenue growth, the company maintains excellent cash flow and low leverage. Technical indicators further affirm a positive trend, making it a promising investment in the industrial materials sector.

Rasa Corporation Business Overview & Revenue Model

Company Description

Rasa Corporation (3023) is a diversified company that operates across multiple sectors, including industrial machinery, environmental solutions, and construction materials. It provides a range of products and services designed to support infrastructure development, optimize manufacturing processes, and promote sustainability. The company's core offerings include industrial machinery, water treatment systems, and advanced construction materials, serving a broad spectrum of industries worldwide.

How the Company Makes Money

Rasa Corporation generates revenue through the sale of industrial machinery, water treatment systems, and construction materials. The company earns money by manufacturing and distributing high-quality equipment and materials to industries such as construction, manufacturing, and environmental management. Key revenue streams include direct sales to businesses, long-term service and maintenance contracts, and strategic partnerships with other companies to expand their market reach. Additionally, Rasa Corporation benefits from government contracts and initiatives focused on infrastructure development and environmental sustainability, which contribute significantly to its earnings.

Rasa Corporation Financial Statement Overview

Summary

Rasa Corporation demonstrates strong overall financial health with robust profitability, a stable balance sheet, and exceptional cash flow generation. While revenue growth presents a challenge, the company effectively manages costs and leverage, positioning it well in the industrial materials sector.

Income Statement

Rasa Corporation shows solid profitability with a Gross Profit Margin of 25.8% and a Net Profit Margin of 7.8% for the latest year. However, revenue has declined by 4.8% year-over-year, indicating potential challenges in sales growth. EBIT and EBITDA margins are strong at 9.5% and 11.9%, respectively, suggesting effective cost management despite revenue pressures.

Balance Sheet

The company's balance sheet is robust with a Debt-to-Equity Ratio of 0.18, indicating prudent leverage. The Equity Ratio is high at 65.7%, reflecting a strong equity base. ROE is healthy at 9.5%, demonstrating good return on equity investments. Overall, the balance sheet indicates stability and low financial risk.

Cash Flow

Rasa Corporation's cash flow position is excellent, with a significant Free Cash Flow growth of 323.9% from the previous year, driven by improved operating cash flows. The Operating Cash Flow to Net Income Ratio is 1.37, indicating strong cash generation relative to net income. The Free Cash Flow to Net Income Ratio is also robust at 1.35, highlighting efficient cash utilization.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
26.61B	26.57B	27.92B	29.66B	31.33B	26.73B
	Gross Profit
6.94B	6.85B	6.62B	7.01B	6.52B	6.04B
	EBIT
2.66B	2.53B	2.50B	2.85B	2.55B	2.19B
	EBITDA
3.08B	3.17B	3.09B	3.09B	2.80B	2.44B
	Net Income Common Stockholders
2.29B	2.08B	2.00B	2.11B	2.01B	1.54B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.08B	5.73B	4.65B	5.53B	4.45B	4.68B
	Total Assets
31.36B	33.26B	32.57B	31.92B	31.39B	31.41B
	Total Debt
4.07B	4.01B	4.21B	5.00B	5.03B	5.66B
	Net Debt
-15.00M	-1.72B	-434.00M	-528.00M	589.00M	979.00M
	Total Liabilities
10.04B	11.39B	11.12B	11.82B	12.23B	13.74B
	Stockholders Equity
21.32B	21.86B	21.45B	20.10B	19.16B	17.67B
Cash Flow		Free Cash Flow
0.00	2.80B	660.00M	2.50B	821.00M	694.00M
	Operating Cash Flow
0.00	2.84B	717.00M	2.54B	886.00M	887.00M
	Investing Cash Flow
0.00	140.00M	25.00M	-206.00M	-5.00M	-415.00M
	Financing Cash Flow
0.00	-1.90B	-1.63B	-1.25B	-1.11B	-73.00M

Rasa Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1454.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3023, the sentiment is Positive. The current price of 1454 is below the 20-day moving average (MA) of 1454.45, above the 50-day MA of 1411.92, and above the 200-day MA of 1408.10, indicating a neutral trend. The MACD of 9.09 indicates Positive momentum. The RSI at 52.62 is Neutral, neither overbought nor oversold. The STOCH value of 28.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3023.

Rasa Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5715	81 Outperform	€80.60B	4.35	14.23%	0.90%	6.88%	19.10%
3023	76 Outperform	¥14.71B	7.67		5.22%	-4.83%	7.03%
3036	74 Outperform	¥53.99B	11.24		3.58%	12.64%	200.30%
5726	65 Neutral	¥55.01B	7.76		2.67%	-6.16%	-26.82%
5727	65 Neutral	¥91.60B	24.58	6.35%	1.54%	13.48%	-24.74%
Sector *	51 Neutral	$2.01B	-1.26	-21.11%	4.38%	2.92%	-30.46%
5541	48 Neutral	¥33.97B	―		15.85%	-25.73%	84.97%