MBK Co., Ltd. (3121) AI Stock Analysis

• Market Cap: ¥7.32B
• Dividend Yield: 0.96%
• Average Volume (3M): 243.77K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.38
• Revenue Growth: -23.90%
• EPS Growth: -146.54%
• Country: JP
• Employees: 3
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -3.78
• Shares Outstanding: 31,806,190
• 10 Day Avg. Volume: 105,050
• 30 Day Avg. Volume: 243,766
• PEG Ratio: 0.59
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 2.21
• P/FCF Ratio: 5.37
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: ¥209.00 ▼(-2.34% Downside)

MBK Co., Ltd. is facing significant financial and technical challenges. The most impactful factor is the company's financial performance, with declining revenue and high leverage posing risks to stability. Technical analysis indicates a bearish trend, and valuation metrics highlight unprofitability concerns. These factors collectively result in a low overall stock score.

Positive Factors

Cash Generation Ability

Positive operating cash flow indicates that MBK Co., Ltd. can generate cash from its core operations, providing liquidity to support ongoing business activities and potential investments.

Strategic Partnerships

These partnerships provide MBK Co., Ltd. with access to resources and opportunities that can drive growth and mitigate risks associated with large-scale real estate developments.

Diversified Revenue Streams

Diversification of revenue streams helps MBK Co., Ltd. maintain financial stability and reduce dependency on any single income source, enhancing resilience against market fluctuations.

Negative Factors

High Leverage

High leverage increases financial risk, potentially limiting MBK Co., Ltd.'s ability to invest in growth opportunities and withstand economic downturns without financial strain.

Declining Revenue

A significant decline in revenue can impact MBK Co., Ltd.'s ability to sustain operations and invest in future growth, posing challenges to long-term business viability.

Profitability Challenges

Negative net income reflects operational inefficiencies and market challenges, which could hinder MBK Co., Ltd.'s capacity to generate shareholder value and reinvest in the business.

MBK Co., Ltd. Business Overview & Revenue Model

Company Description

MBK Co., Ltd. (3121) is a diversified company operating primarily in the fields of real estate development, investment, and asset management. The company focuses on creating value through strategic investments in residential and commercial properties, as well as offering property management services. With a strong presence in the Asian markets, MBK Co., Ltd. aims to leverage its expertise to capitalize on growth opportunities in the real estate sector.

How the Company Makes Money

MBK Co., Ltd. generates revenue through multiple streams, primarily from the development and sale of residential and commercial properties. The company also earns income from leasing and property management services, which provide a steady cash flow. Strategic partnerships with local governments and private investors further enhance its ability to undertake large-scale projects, while joint ventures with construction firms help reduce operational risks and costs. Additionally, MBK Co., Ltd. may engage in real estate investment trusts (REITs) and other financial instruments, diversifying its revenue sources and increasing its earnings potential.

MBK Co., Ltd. Financial Statement Overview

Summary

MBK Co., Ltd. faces significant challenges across its financial statements. The income statement shows declining revenue and profitability, while the balance sheet reveals high leverage. Cash flow analysis indicates operational efficiency but highlights free cash flow volatility. The company needs to address these issues to improve financial stability and growth prospects.

Income Statement

The income statement reveals a challenging period for MBK Co., Ltd., with a significant revenue decline of 25.89% in the latest year. The company reported a negative net income, indicating profitability issues. Gross profit margin stands at 23.46%, which is moderate but has decreased from previous years. The EBIT and EBITDA margins are also under pressure, reflecting operational challenges. Overall, the income statement shows declining revenue and profitability, which are concerning for future growth.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 2.26, indicating significant leverage, which could pose financial risks. However, the equity ratio is 30.13%, suggesting a reasonable level of equity financing. Return on equity is negative due to the net loss, highlighting profitability challenges. The balance sheet reflects a leveraged position with potential risks if profitability does not improve.

Cash Flow

Cash flow analysis shows a positive operating cash flow, which is a strength, but free cash flow has fluctuated significantly. The free cash flow to net income ratio is negative, indicating cash flow challenges relative to profitability. The operating cash flow to net income ratio is positive, suggesting some operational efficiency. Overall, cash flow stability is a concern, but operating cash flow remains a positive aspect.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.57B	3.39B	4.45B	3.89B	4.35B	2.72B
Gross Profit	937.68M	794.95M	984.48M	939.67M	999.40M	915.58M
EBITDA	654.79M	477.50M	701.38M	559.19M	257.79M	401.64M
Net Income	116.77M	-85.85M	182.41M	168.91M	-66.11M	70.73M
Balance Sheet
Total Assets	16.19B	15.44B	16.38B	13.96B	10.18B	10.85B
Cash, Cash Equivalents and Short-Term Investments	1.92B	1.60B	1.30B	1.29B	601.65M	1.06B
Total Debt	11.16B	10.50B	11.84B	9.69B	5.89B	6.49B
Total Liabilities	11.39B	10.79B	12.20B	9.94B	6.25B	6.72B
Stockholders Equity	4.80B	4.65B	4.18B	4.03B	3.93B	4.13B
Cash Flow
Free Cash Flow	0.00	1.39B	-2.32B	-8.65B	935.53M	604.96M
Operating Cash Flow	0.00	2.34B	3.14B	-413.14M	2.90B	981.02M
Investing Cash Flow	0.00	-1.28B	-4.97B	-3.79B	-2.12B	-733.11M
Financing Cash Flow	0.00	-775.87M	2.13B	3.80B	-688.78M	280.34M

MBK Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 214.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3121, the sentiment is Neutral. The current price of 214 is below the 20-day moving average (MA) of 220.35, below the 50-day MA of 218.04, and below the 200-day MA of 277.76, indicating a neutral trend. The MACD of 4.54 indicates Negative momentum. The RSI at 62.75 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3121.

MBK Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
3454	63 Neutral	¥16.83B	9.62	―	2.86%	36.31%	52.62%
7347	62 Neutral	¥16.08B	234.59	―	2.52%	1.35%	-91.61%
7345	50 Neutral	¥2.68B	987.80	―	0.62%	1.87%	51.81%
3121	44 Neutral	¥7.32B	-85.52	―	0.96%	-23.90%	-146.54%
3113	39 Underperform	¥5.80B	-6.49	―	―	-42.35%	42.01%