Hamee Corp. (3134) AI Stock Analysis

• Market Cap: ¥22.97B
• Dividend Yield: 1.56%
• Average Volume (3M): 80.49K
• Price to Earnings (P/E): 15.4
• Beta (1Y): 0.60
• Revenue Growth: 36.16%
• EPS Growth: 81.17%
• Country: JP
• Employees: 463
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Specialty Retail
• EPS (TTM): 93.74
• Shares Outstanding: 16,296,400
• 10 Day Avg. Volume: 56,100
• 30 Day Avg. Volume: 80,493
• PEG Ratio: -2.71
• Price to Book (P/B): 2.21
• 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: 72 Outperform
• Price Target: ¥1,304.00 ▼(-9.57%Downside)

Hamee Corp. scores a solid 72, driven by its strong financial performance and reasonable valuation. Despite the technical analysis indicating some bearish momentum, the financial stability and reasonable P/E ratio provide a buffer. The company's robust revenue growth and effective cash flow management position it well in the specialty retail industry, though monitoring technical indicators is advised for potential trend shifts.

Hamee Corp. Business Overview & Revenue Model

Company Description

Hamee Corp. (3134) is a dynamic company engaged in the e-commerce, smartphone accessories, and lifestyle products sectors. The company offers a diverse range of products, including smartphone cases, character goods, and various lifestyle items. Hamee Corp. is recognized for its innovative approach to creating and curating products that cater to modern consumer needs.

How the Company Makes Money

Hamee Corp. generates revenue through multiple streams primarily centered around its e-commerce operations. The company sells smartphone accessories and lifestyle goods through its online platform, leveraging direct-to-consumer sales. Additionally, Hamee Corp. collaborates with popular brands and licenses character goods, expanding its product portfolio and attracting a broad customer base. Significant partnerships with manufacturers and brand licensors enhance its product offerings and contribute to its revenue. The company's focus on high-margin products and efficient supply chain management also plays a crucial role in maximizing profitability.

Hamee Corp. Financial Statement Overview

Summary

Hamee Corp. shows strong financial health with robust revenue growth, efficient operations, and a firm balance sheet. The low leverage and improved cash flow management enhance its stability. However, slight dips in EBIT and ROE indicate areas for potential improvement.

Income Statement

Hamee Corp. exhibits strong financial performance with a consistent increase in revenue, highlighted by a 25.5% growth from 2023 to 2024. The gross profit margin is robust at 61.7%, and the net profit margin has improved to 6.4% from the previous year's 6.7%. The company maintains a healthy EBIT margin of 11.1% and an EBITDA margin of 16.0%, indicating efficient operations. However, the decline in EBIT compared to 2022 suggests potential challenges in managing operating expenses.

Balance Sheet

The balance sheet is strong, with a debt-to-equity ratio of 0.22, reflecting low leverage and financial stability. Hamee Corp. has a high equity ratio of 70.0%, indicating a solid financial foundation. The return on equity stands at 11.0%, slightly lower than the previous year, suggesting room for improvement in generating returns for shareholders. The increase in total assets and stockholders' equity supports a positive growth trajectory.

Cash Flow

The company shows a substantial improvement in free cash flow, with a growth rate of 96.2% from 2023 to 2024, indicating better cash management. The operating cash flow to net income ratio is 0.79, suggesting efficient conversion of earnings into cash. Free cash flow to net income ratio improved to 0.36, highlighting enhanced financial flexibility. However, the negative investing cash flow signals substantial investments or acquisitions that need monitoring.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
20.66B	17.61B	14.04B	13.41B	12.36B	11.33B
	Gross Profit
12.35B	10.87B	8.48B	8.52B	7.56B	6.43B
	EBIT
2.33B	1.96B	1.27B	2.20B	2.18B	1.74B
	EBITDA
3.09B	2.82B	2.20B	3.10B	2.67B	2.07B
	Net Income Common Stockholders
1.58B	1.12B	945.38M	1.74B	1.56B	1.07B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.36B	4.02B	3.54B	4.03B	3.35B	3.45B
	Total Assets
8.68B	14.51B	12.32B	10.52B	8.34B	8.10B
	Total Debt
1.73B	2.18B	1.30B	543.85M	104.07M	1.74B
	Net Debt
-1.64B	-1.84B	-2.24B	-3.48B	-3.25B	-1.71B
	Total Liabilities
3.23B	4.36B	3.36B	2.27B	1.81B	3.27B
	Stockholders Equity
5.45B	10.16B	8.96B	8.25B	6.53B	4.82B
Cash Flow		Free Cash Flow
0.00	409.19M	208.50M	168.55M	1.59B	1.28B
	Operating Cash Flow
0.00	885.87M	695.04M	1.19B	1.94B	1.93B
	Investing Cash Flow
0.00	-876.80M	-1.51B	-886.46M	-412.08M	-1.02B
	Financing Cash Flow
0.00	379.93M	262.79M	298.06M	-1.74B	932.63M

Hamee Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1442.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3134, the sentiment is Positive. The current price of 1442 is above the 20-day moving average (MA) of 1317.65, above the 50-day MA of 1225.03, and above the 200-day MA of 1169.48, indicating a bullish trend. The MACD of 50.71 indicates Negative momentum. The RSI at 68.59 is Neutral, neither overbought nor oversold. The STOCH value of 82.17 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3134.

Hamee Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3179	79 Outperform	¥21.65B	12.13		3.55%	7.81%	-15.36%
3134	72 Outperform	¥22.97B	15.38		1.56%	36.16%	81.17%
2674	70 Outperform	¥24.25B	10.49		4.46%	11.38%	10.56%
Sector *	62 Neutral	$6.84B	11.41	2.80%	3.87%	2.70%	-24.58%
2769	42 Neutral	¥8.19B	―		―	2.96%	-119.07%

Hamee Corp. Corporate Events

Hamee Corp. Announces Extraordinary General Meeting to Elect New Director

Hamee Corp. has scheduled an Extraordinary General Meeting of Shareholders for April 25, 2025, to discuss the election of a new director for the Audit and Supervisory Committee. This decision reflects the company’s ongoing efforts to strengthen its governance structure and ensure effective oversight, which could impact its operational efficiency and stakeholder confidence.

Hamee Corp. Reports Strong Q3 FY04/25 Financial Results

Hamee Corp. reported a significant increase in its consolidated financial results for the third quarter of FY04/25, with net sales rising by 35.6% and net profit attributable to owners of the parent increasing by 53.7% compared to the previous year. This strong performance highlights the company’s robust growth trajectory and its effective market strategies, positioning it favorably within the industry. The company also maintained its dividend forecast, indicating confidence in its ongoing financial stability.

NE Inc. Wins Good Partner Award at Mercari Shops 2024

NE Inc., a fully owned subsidiary of Hamee Corp., has been recognized with the ‘Good Partner Segment’ award at the Mercari Shops Award 2024. This accolade highlights NE Inc.’s excellence in partnership and collaboration, potentially strengthening Hamee Corp.’s position in the market and enhancing its reputation among stakeholders.

Hamee Corp.’s ‘Next Engine’ Clients Win Prestigious Rakuten Awards

Hamee Corp.’s subsidiary, NE Inc., announced that 30 of its clients using the ‘Next Engine’ platform have won prestigious awards from Rakuten Ichiba and Rakuma for 2024. This achievement highlights the platform’s effectiveness in supporting e-commerce businesses, potentially boosting Hamee Corp.’s reputation and influence in the e-commerce sector.