Alpen Co., Ltd. (3028) AI Stock Analysis

• Market Cap: ¥85.36B
• Dividend Yield: 2.2%
• Average Volume (3M): 153.05K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.18
• Revenue Growth: 7.44%
• EPS Growth: 129.19%
• Country: JP
• Employees: 3,127
• Sector: Consumer Cyclical
• Sector Strength: 68
• Industry: Specialty Retail
• EPS (TTM): 20.87
• Shares Outstanding: 38,888,000
• 10 Day Avg. Volume: 81,090
• 30 Day Avg. Volume: 153,046
• PEG Ratio: 0.40
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 69 Neutral
• Price Target: ¥2,536.00 ▲(11.67%Upside)

The overall stock score for Alpen Co., Ltd. is primarily influenced by its strong financial performance and reasonable valuation. However, cash flow challenges and mixed technical indicators pose risks. Investors should consider these factors when evaluating the stock's potential.

Alpen Co., Ltd. Business Overview & Revenue Model

Company Description

Alpen Co., Ltd. engages in the manufacture and retail sale of sporting and leisure equipment in Japan. It offers ski equipment; and other sporting goods equipment, including golf, tennis, marine sports, baseball, etc. The company's products include general sports goods and apparel, sports casual apparel, helmets, hats, skis, ski bags, snowboards, snowshoes, snow goggles, sunglasses, and other accessories. It also offers tents, sun shelters, sleeping gears, furniture, lighting equipment, burning/combustion appliances, cooking supplies, sacks, bags, trekking wear, rainwear, outdoor tools, and trekking tools, as well as golf wear, trousers, polo shirts clubs, bags, shoes, balls, hats, sun visors, and accessories. In addition, the company provides winter products, including snowboard binding, board boots, goggles, bag accessories, tune up tools, deck pads, ski boards, ski boots, ski poles, board wear, ski wears, knitted hats, gloves, inner wears, and fleece wears; and casual products, such as down wears, parkers, sweat shirts, jackets, denim pants, T-shirts, tank tops, high-neck shirts, pants, cut and sew apparel, skirts, ensemble, dresses, scarves, gloves, and track jackets. Further, it offers marine sport products comprising rash guards, swimsuits, sandals, and beach sandals; and accessories consisting of belts, tool sets, knick-knacks, stickers, badges, mobile phone goods, socks, chairs, wristbands, key holders, knives, pet bottle carrying cases, tote bags, shoulder bags, coin cases, pouches, wallet chains, chains, and negative ion rings. Additionally, it manages ski resorts, golf courses, and fitness clubs. The company operates primarily under the IGNIO, TIGORA, FABLICE, Hart, Folio, KAZAMA, Southfield, TOBUNDA, Coraggio, Kolwin, Fitway, and Kissmark brand names. As of June 30, 2020, it operated 144 stores under the Alpen and Sports Depot; and 196 stores under the Golf 5 name. Alpen Co., Ltd. was founded in 1972 and is headquartered in Nagoya, Japan.

How the Company Makes Money

Alpen Co., Ltd. generates revenue primarily through the sale of sporting goods and apparel via its retail outlets and online platforms. The company's key revenue streams include the sale of branded sports products from internationally recognized brands, as well as its own private-label products. Alpen Co., Ltd. benefits from strategic partnerships with major sports brands, allowing it to offer a wide variety of products that appeal to a broad customer base. Additionally, the company may engage in promotional events and collaborations that enhance its market visibility and attract more customers. Its extensive retail network and e-commerce capabilities further bolster its revenue-generating potential.

Alpen Co., Ltd. Financial Statement Overview

Summary

Alpen Co., Ltd. demonstrates strong revenue growth and maintains a robust balance sheet with low leverage. However, the company faces challenges with cash flow management, as operating cash flow does not cover net income, and free cash flow is negative due to high capital expenditures.

Income Statement

Alpen Co., Ltd. has demonstrated strong revenue growth, with a noticeable increase from 2023 to 2024. The gross profit margin remains solid, and the TTM data indicates a stable EBIT and EBITDA margin, contributing to overall profitability. However, the net profit margin has shown some volatility, which could pose risks to sustained profitability.

Balance Sheet

The company's balance sheet is robust, with a healthy equity ratio indicating strong financial stability. The debt-to-equity ratio is low, suggesting conservative leverage. Return on equity is positive, reflecting efficient use of shareholder capital, although there's room for improvement in profitability relative to equity.

Cash Flow

Cash flow metrics reveal challenges, notably with operating cash flow not covering net income in the TTM period. Free cash flow has been negative, reflecting high capital expenditures. This pattern indicates potential cash flow constraints, which could impact liquidity if not managed.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	252.94B	244.54B	232.33B	233.22B	217.94B
Gross Profit	98.07B	94.22B	92.52B	98.80B	87.12B
EBITDA	8.52B	10.64B	14.00B	21.56B	9.46B
Net Income	1.73B	5.47B	5.31B	10.77B	17.00M
Balance Sheet
Total Assets	201.88B	186.50B	193.30B	207.91B	175.73B
Cash, Cash Equivalents and Short-Term Investments	18.84B	17.51B	28.91B	56.95B	20.33B
Total Debt	13.53B	5.44B	12.54B	25.23B	26.06B
Total Liabilities	84.64B	70.81B	81.97B	99.10B	76.85B
Stockholders Equity	117.24B	115.70B	111.33B	108.81B	98.88B
Cash Flow
Free Cash Flow	-3.85B	-394.00M	-9.18B	41.23B	2.88B
Operating Cash Flow	5.71B	5.79B	-4.70B	46.88B	7.81B
Investing Cash Flow	-10.51B	-6.75B	-7.55B	-5.75B	-5.26B
Financing Cash Flow	5.39B	-9.87B	-15.92B	-4.76B	-5.43B

Alpen Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2271.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3028, the sentiment is Negative. The current price of 2271 is below the 20-day moving average (MA) of 2325.48, below the 50-day MA of 2324.05, and above the 200-day MA of 2178.86, indicating a neutral trend. The MACD of -10.14 indicates Positive momentum. The RSI at 40.55 is Neutral, neither overbought nor oversold. The STOCH value of 13.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3028.

Alpen Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9842	74 Outperform	¥106.57B	10.76		2.34%	2.15%	7.13%
3028	69 Neutral	¥85.36B	14.33		2.20%	7.44%	129.19%
Sector *	57 Neutral	HK$25.90B	4.13	-2.03%	5.77%	-0.31%	-67.64%
AB6	―	€653.74M	12.92	6.22%	4.42%	―	―
7514	65 Neutral	¥10.61B	72.56		3.00%	3.46%	―
2681	62 Neutral	¥62.10B	13.68		2.18%	-1.42%	-58.51%
8281	55 Neutral	¥48.46B	48.50		3.00%	3.37%	-67.86%

Alpen Co., Ltd. Corporate Events

Alpen Co., Ltd. Reports Robust Financial Growth for Nine Months Ending March 2025

Alpen Co., Ltd. reported a significant improvement in its financial performance for the nine months ending March 31, 2025, with net sales reaching 196,030 million yen, marking a 7.4% increase year-on-year. The company also saw a substantial rise in ordinary profit by 354.8% to 7,231 million yen, indicating a strong recovery from the previous year. This growth reflects Alpen’s strategic positioning in the market and its ability to capitalize on increased consumer demand for sports and outdoor products.