Nextage Co., Ltd. (3186) AI Stock Analysis

• Market Cap: ¥217.34B
• Dividend Yield: 1.24%
• Average Volume (3M): 601.26K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 1.11
• Revenue Growth: 21.79%
• EPS Growth: 9.89%
• Country: JP
• Employees: 7,635
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Dealerships
• EPS (TTM): 62.21
• Shares Outstanding: 80,905,100
• 10 Day Avg. Volume: 815,920
• 30 Day Avg. Volume: 601,260
• PEG Ratio: 0.26
• Price to Book (P/B): 2.65
• Price to Sales (P/S): 0.32
• P/FCF Ratio: 67.82
• 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: ¥3,950.00
• Price Target Upside: 42.86% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 203.62
• Revenue Forecast (FY): ¥691.62B

• Rating: 53 Neutral
• Price Target: ¥3,182.00 ▲(15.08% Upside)
• Action: Reiterated Date: 03/07/26
• Date: Action: Reiterated 03/07/26

The score is held back primarily by uneven financial quality—compressed margins, elevated leverage, and weak/volatile cash conversion—despite rapid revenue growth and decent ROE. Technicals also lean negative in the near term with the stock below key short/mid-term moving averages and subdued momentum. Valuation is reasonable (mid-teens P/E) with a modest dividend yield, offering partial support but not enough to offset the financial and technical risks.

Positive Factors

Rapid Revenue Scale-up

Nextage has demonstrated a step-change in top-line scale, with 2025 revenue growth cited near ~383%. That kind of volume expansion supports fixed-cost absorption, broader geographic/store leverage and strengthens long-term distribution economics if sustainable over the next 2–6 months.

Negative Factors

Margin Compression

Gross and net margins have trended lower, with gross margin around 17.2% and net margin near 2.0%. Persistently thin net margins reduce the cushion for cyclical shocks and mean growth is more volume-dependent, increasing earnings sensitivity to cost or pricing pressure over months.

Nextage Co., Ltd. Business Overview & Revenue Model

Company Description

NEXTAGE Co., Ltd. engages in the retail sale of new and used cars in Japan. It is also involved in the provision of vehicle maintenance and repair, as well as vehicle safety inspection services; operation of an insurance agency; purchase of used c...

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NEXTAGE Co., Ltd. engages in the retail sale of new and used cars in Japan. It is also involved in the provision of vehicle maintenance and repair, as well as vehicle safety inspection services; operation of an insurance agency; purchase of used c...

How the Company Makes Money

Nextage generates revenue primarily through commissions from the sale and leasing of properties. The company earns a significant portion of its income by acting as a broker in real estate transactions, where it charges fees based on the value of t...

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Nextage generates revenue primarily through commissions from the sale and leasing of properties. The company earns a significant portion of its income by acting as a broker in real estate transactions, where it charges fees based on the value of t...

Nextage Co., Ltd. Financial Statement Overview

Breakdown	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021
Income Statement
Total Revenue	652.07B	552.78B	463.46B	418.12B	291.26B
Gross Profit	112.17B	98.67B	86.83B	74.03B	56.73B
EBITDA	26.21B	18.98B	20.35B	22.40B	17.57B
Net Income	12.81B	8.01B	11.56B	13.89B	9.66B
Balance Sheet
Total Assets	226.78B	222.27B	177.50B	161.26B	111.03B
Cash, Cash Equivalents and Short-Term Investments	17.69B	35.71B	29.63B	19.84B	22.75B
Total Debt	96.35B	109.92B	77.42B	76.52B	51.49B
Total Liabilities	147.58B	149.54B	110.99B	104.95B	69.41B
Stockholders Equity	79.19B	72.73B	66.50B	56.30B	41.62B
Cash Flow
Free Cash Flow	3.09B	-11.00B	13.29B	-30.41B	-4.13B
Operating Cash Flow	9.19B	3.02B	33.69B	-17.85B	3.21B
Investing Cash Flow	-7.33B	-18.45B	-23.68B	-13.83B	-8.26B
Financing Cash Flow	-19.88B	21.37B	-227.00M	28.81B	317.00M

Nextage Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2765.00
• 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:3186, the sentiment is Negative. The current price of 2765 is below the 20-day moving average (MA) of 3307.00, below the 50-day MA of 3407.70, and above the 200-day MA of 2553.59, indicating a neutral trend. The MACD of -139.24 indicates Positive momentum. The RSI at 32.45 is Neutral, neither overbought nor oversold. The STOCH value of 11.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3186.

Nextage Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4732	83 Outperform	¥758.41B	19.01	19.13%	2.64%	7.58%	15.12%
5589	73 Outperform	¥18.38B	11.98	―	2.64%	2.79%	-4.61%
7599	66 Neutral	¥126.01B	8.08	―	2.82%	11.66%	-7.47%
7593	63 Neutral	¥60.46B	10.40	―	4.49%	8.56%	-13.47%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
3186	53 Neutral	¥217.34B	16.36	―	1.24%	21.79%	9.89%
7602	48 Neutral	¥4.30B	-10.59	―	1.08%	-2.36%	-1738.42%

Nextage Co., Ltd. Corporate Events