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

• Market Cap: ¥88.90B
• Dividend Yield: 2.11%
• Average Volume (3M): 68.53K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 0.13
• Revenue Growth: 6.21%
• EPS Growth: 221.56%
• Country: JP
• Employees: 3,127
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 27.87
• Shares Outstanding: 38,888,000
• 10 Day Avg. Volume: 59,260
• 30 Day Avg. Volume: 68,526
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥2,519.00
• Price Target Upside: 6.51% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: ¥2,519.00 ▲(6.51% Upside)

Alpen Co., Ltd. demonstrates a solid financial foundation with strong revenue growth and a stable balance sheet. However, technical indicators suggest bearish momentum, which could pose short-term challenges. The valuation is reasonable, with a fair P/E ratio and an attractive dividend yield, making it appealing for income-focused investors. The absence of notable earnings call insights or corporate events means these factors do not influence the score.

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. exhibits solid financial performance with strong revenue growth and a stable balance sheet. The company has improved its cash flow position, although there are areas for improvement in profitability and cash flow consistency. The low leverage and healthy equity position provide a stable foundation for future growth.

Income Statement

Alpen Co., Ltd. has demonstrated strong revenue growth with a 0.802% increase in the latest year, indicating a positive trajectory. The gross profit margin remains healthy, and there is a notable improvement in EBIT and EBITDA margins compared to previous years. However, the net profit margin is relatively low, suggesting room for improvement in cost management or pricing strategies.

Balance Sheet

The company's balance sheet shows a stable equity position with a low debt-to-equity ratio, indicating prudent financial management. Return on equity is moderate, reflecting consistent profitability. However, the equity ratio suggests that there is a significant reliance on equity financing, which could limit leverage opportunities.

Cash Flow

Alpen Co., Ltd. has shown a significant improvement in free cash flow, with a positive growth rate indicating better cash management. The operating cash flow to net income ratio is strong, suggesting efficient conversion of income into cash. However, the free cash flow to net income ratio has been volatile, highlighting potential challenges in sustaining cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	266.52B	268.65B	252.94B	244.54B	232.33B	233.22B
Gross Profit	106.80B	107.56B	98.07B	94.22B	92.52B	98.80B
EBITDA	14.85B	14.40B	8.52B	10.64B	14.00B	21.56B
Net Income	6.11B	5.57B	1.73B	5.47B	5.31B	10.77B
Balance Sheet
Total Assets	216.38B	205.92B	201.88B	186.50B	193.30B	207.91B
Cash, Cash Equivalents and Short-Term Investments	10.46B	15.15B	18.84B	17.51B	28.91B	56.95B
Total Debt	15.04B	11.77B	13.53B	5.44B	12.54B	25.23B
Total Liabilities	96.27B	84.77B	84.64B	70.81B	81.97B	99.10B
Stockholders Equity	120.11B	121.14B	117.24B	115.70B	111.33B	108.81B
Cash Flow
Free Cash Flow	0.00	2.53B	-3.85B	-394.00M	-9.18B	41.23B
Operating Cash Flow	0.00	9.08B	5.71B	5.79B	-4.70B	46.88B
Investing Cash Flow	0.00	-8.57B	-10.51B	-6.75B	-7.55B	-5.75B
Financing Cash Flow	0.00	-3.44B	5.39B	-9.87B	-15.92B	-4.76B

Alpen Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2365.00
• 50DMA: Negative
• 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:3028, the sentiment is Positive. The current price of 2365 is below the 20-day moving average (MA) of 2382.95, below the 50-day MA of 2372.58, and above the 200-day MA of 2262.32, indicating a neutral trend. The MACD of -9.70 indicates Positive momentum. The RSI at 48.23 is Neutral, neither overbought nor oversold. The STOCH value of 25.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3028.

Alpen Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9832	76 Outperform	¥127.58B	13.34	6.17%	3.67%	14.83%	62.73%
9842	73 Outperform	¥122.46B	12.19	8.38%	2.07%	2.15%	7.13%
8281	64 Neutral	¥53.41B	-32.27	0.80%	2.69%	1.82%	-148.67%
3028	63 Neutral	¥88.90B	16.36	―	2.11%	6.21%	221.56%
2681	63 Neutral	¥68.47B	20.02	5.02%	1.98%	1.10%	-64.41%
7514	53 Neutral	¥10.41B	71.23	1.25%	3.05%	3.46%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Alpen Co., Ltd. Corporate Events

Alpen Co., Ltd. Reports Extraordinary Loss Due to Asset Impairment

Alpen Co., Ltd. has recorded an extraordinary loss of 2,469 million JPY for the fiscal year ending June 2025 due to impairment of fixed assets that have shown a decline in profitability. This financial impact is reflected in the company’s consolidated financial results, potentially affecting its market positioning and stakeholder interests.

Alpen Co., Ltd. Reports Robust Financial Growth for Fiscal Year 2025

Alpen Co., Ltd. reported a significant increase in its consolidated financial results for the year ended June 30, 2025, with net sales rising by 6.2% and operating profit surging by 155.7%. The company also saw a notable improvement in profit attributable to owners of the parent, which grew by 221.5% year-on-year. These results reflect Alpen’s strong market positioning and effective operational strategies, which have contributed to its robust financial performance. The company maintained its dividend payout, indicating confidence in its ongoing financial health and commitment to shareholder returns.