Saibo Co., Ltd. (3123) AI Stock Analysis

• Market Cap: ¥6.43B
• Dividend Yield: 3.19%
• Average Volume (3M): 5.75K
• Price to Earnings (P/E): 7.6
• Beta (1Y): 0.42
• Revenue Growth: -9.85%
• EPS Growth: -8.43%
• Country: JP
• Employees: 115
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Apparel - Manufacturers
• EPS (TTM): 20.84
• Shares Outstanding: 13,600,000
• 10 Day Avg. Volume: 5,170
• 30 Day Avg. Volume: 5,746
• PEG Ratio: -0.43
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.92
• 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: 79 Outperform
• Price Target: ¥542.00 ▲(7.97%Upside)

Saibo Co., Ltd. benefits from a strong valuation and positive technical indicators. The financial performance is robust, although improvements in leverage and capital management are needed. These factors collectively support a strong overall score.

Saibo Co., Ltd. Business Overview & Revenue Model

Company Description

Saibo Co., Ltd. (3123) is a company operating in the manufacturing sector, specializing in producing and supplying electronic components. It focuses on delivering high-quality products used in various electronic devices and systems, serving industries such as consumer electronics, automotive, and industrial applications.

How the Company Makes Money

Saibo Co., Ltd. generates revenue primarily through the sale of its electronic components to manufacturers and businesses in various sectors. Its key revenue streams include direct sales contracts with consumer electronics companies, automotive part manufacturers, and industrial equipment producers. The company may also engage in strategic partnerships and collaborations with other technology firms to enhance its product offerings and expand market reach. Licensing of proprietary technologies and innovations could also contribute to its earnings. Additionally, Saibo may earn income from providing maintenance and support services for its products, ensuring ongoing customer satisfaction and retention.

Saibo Co., Ltd. Financial Statement Overview

Summary

Overall, Saibo Co., Ltd. displays a strong financial position with solid profitability, healthy cash flows, and moderate leverage. The company is well-positioned in the Apparel manufacturing industry, with stable revenue growth and efficient asset utilization. However, attention should be given to the substantial debt levels relative to equity, which could pose a risk if market conditions deteriorate.

Income Statement

Saibo Co., Ltd. shows strong profitability with a consistent increase in revenue and net income over recent periods. The TTM gross profit margin is 25.0%, and the net profit margin is 7.5%, both reflecting solid performance. While EBIT and EBITDA margins remain healthy at 6.2% and 22.8% respectively, the recent revenue has slightly decreased compared to the previous annual report. Overall, profitability and margins indicate a positive trajectory.

Balance Sheet

The balance sheet shows a stable equity base with a debt-to-equity ratio of 0.74, indicating moderate leverage. The equity ratio stands at 41.7%, suggesting a strong equity position. Return on equity is strong at 4.7%, demonstrating efficient use of equity to generate profits. However, total debt remains substantial, posing a potential risk if revenue growth falters.

Cash Flow

Saibo Co., Ltd. exhibits robust cash flow metrics, with a notable free cash flow growth rate of 8.6% in the most recent period. The operating cash flow to net income ratio is 2.9, and the free cash flow to net income ratio is 2.6, both indicating strong operational cash generation relative to reported earnings. This financial health provides a solid foundation for future investments and debt servicing.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	10.86B	11.42B	10.18B	8.96B	6.73B	7.60B
Gross Profit	2.72B	2.64B	2.40B	1.86B	1.96B	2.10B
EBITDA	2.47B	2.92B	2.61B	2.20B	1.52B	1.30B
Net Income	819.20M	945.72M	733.21M	499.59M	587.76M	-65.00M
Balance Sheet
Total Assets	42.17B	43.53B	41.85B	42.90B	39.13B	27.35B
Cash, Cash Equivalents and Short-Term Investments	3.77B	3.64B	2.99B	2.59B	1.82B	99.99M
Total Debt	13.07B	14.00B	15.07B	16.75B	14.80B	4.53B
Total Liabilities	22.23B	23.97B	23.67B	25.41B	22.52B	11.77B
Stockholders Equity	17.57B	17.20B	15.97B	15.33B	14.51B	13.57B
Cash Flow
Free Cash Flow	2.10B	1.94B	1.93B	-1.06B	-10.07B	-2.94B
Operating Cash Flow	2.41B	2.27B	2.30B	2.04B	2.14B	738.01M
Investing Cash Flow	-455.07M	-165.85M	-147.64M	-2.98B	-12.14B	-3.44B
Financing Cash Flow	-1.49B	-1.37B	-1.90B	1.74B	10.07B	2.48B

Saibo Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 502.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3123, the sentiment is Positive. The current price of 502 is above the 20-day moving average (MA) of 489.40, above the 50-day MA of 478.44, and above the 200-day MA of 468.92, indicating a bullish trend. The MACD of 6.08 indicates Negative momentum. The RSI at 72.76 is Negative, neither overbought nor oversold. The STOCH value of 71.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3123.

Saibo Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3123	79 Outperform	¥6.43B	7.63		3.19%	-9.85%	-8.43%
3104	77 Outperform	¥63.79B	14.17		2.43%	18.84%	113.24%
3201	74 Outperform	¥94.07B	11.61		332.12%	5.77%	11.61%
3580	69 Neutral	¥30.31B	9.80		3.62%	8.60%	93.71%
3109	66 Neutral	¥12.10B	13.42		5.12%	1.05%	5.06%
Sector *	56 Neutral	HK$23.37B	3.96	-1.56%	6.69%	0.06%	-64.88%
3409	51 Neutral	¥5.94B	―		―	28.89%	-2448.94%