ANAP Inc. (3189) AI Stock Analysis

• Market Cap: ¥20.43B
• Dividend Yield: N/A
• Average Volume (3M): 886.57K
• Price to Earnings (P/E): 30.3
• Beta (1Y): 0.34
• Revenue Growth: -55.47%
• EPS Growth: N/A
• Country: JP
• Employees: 140
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Apparel - Retail
• EPS (TTM): 35.02
• Shares Outstanding: 19,167,300
• 10 Day Avg. Volume: 580,950
• 30 Day Avg. Volume: 886,570
• PEG Ratio: 0.00
• Price to Book (P/B): 1.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.80
• 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: 49 Neutral
• Price Target: ¥1,115.00 ▲(5.09%Upside)

The overall stock score is significantly impacted by ANAP Inc.'s financial instability, marked by high leverage and negative cash flows. While the technical analysis provides some positive momentum, the high P/E ratio and lack of dividend yield present valuation concerns.

ANAP Inc. Business Overview & Revenue Model

Company Description

ANAP Inc. engages in the apparel retailing business in Japan. It operates in five segments: Internet Retailing Business, Store Retailing Business, Wholesale Distribution Business, Licensing Business, and Metaverse Related Business. It sells its products directly to general customers through the internet. The company also sells to general customers face-to-face. In addition, the company sells to select shops. The company offers its products under the ANAP, ANAP GiRL, ANAP Kids, anap mimpi, CHILLE, Latina, Settimissimo, Alluge, Anap USA, ANAP HOME, Factor, and AULI brands. The company was founded in 1992 and is headquartered in Tokyo, Japan.

How the Company Makes Money

ANAP Inc. generates revenue primarily through the subscription-based licensing of its cloud-based ERP software solutions. Customers pay recurring fees to access and utilize the company's software services, which are tailored to meet specific business needs and industry requirements. Additionally, ANAP Inc. may earn revenue from providing consulting services, implementation support, and ongoing technical support to ensure successful integration and continued use of their software. Partnerships with other technology firms and alliances with industry-specific solutions providers also contribute to expanding ANAP's market reach and enhancing its service offerings, thereby driving further revenue growth.

ANAP Inc. Financial Statement Overview

Summary

ANAP Inc. faces significant financial challenges with declining revenues, increasing losses, high leverage, and negative cash flows. The negative stockholders' equity indicates insolvency risks, necessitating strategic restructuring.

Income Statement

ANAP Inc. has been experiencing declining revenue and increasing losses over the past years. The gross profit margin is relatively healthy, but the negative net profit margin indicates the company is struggling to convert sales into actual profit. The significant decline in revenue from 2023 to 2024 adds to the financial stress, compounded by negative EBIT and EBITDA margins, reflecting operational inefficiencies.

Balance Sheet

The balance sheet reveals a concerning financial structure with a negative stockholders' equity, indicating insolvency risks. The debt-to-equity ratio is not calculable due to negative equity, which highlights excessive financial leverage. The equity ratio is also negative, underscoring the company's reliance on debt to finance its assets.

Cash Flow

Cash flow analysis shows negative free cash flow, indicating the company is not generating sufficient cash to cover its expenses and investments. The operating cash flow to net income ratio is negative, as both metrics are losses, further emphasizing cash flow challenges. There is no positive growth in free cash flow, which is crucial for sustainability.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	4.05B	2.71B	4.22B	5.06B	5.08B	5.66B
Gross Profit	2.09B	1.30B	2.24B	2.75B	2.84B	3.26B
EBITDA	-1.20B	-1.16B	-1.09B	-428.25M	-670.79M	-299.81M
Net Income	-1.22B	-1.19B	-1.16B	-525.55M	-791.43M	-371.50M
Balance Sheet
Total Assets	1.67B	822.86M	1.66B	2.57B	2.42B	2.73B
Cash, Cash Equivalents and Short-Term Investments	245.94M	170.77M	437.55M	919.68M	666.62M	858.72M
Total Debt	2.20B	2.55B	1.96B	1.91B	1.08B	638.29M
Total Liabilities	2.79B	2.90B	2.55B	2.47B	1.84B	1.37B
Stockholders Equity	-1.12B	-2.08B	-893.79M	103.44M	573.09M	1.36B
Cash Flow
Free Cash Flow	0.00	-790.56M	-673.70M	-636.61M	-535.00M	-157.91M
Operating Cash Flow	0.00	-747.82M	-597.53M	-580.26M	-397.11M	-44.79M
Investing Cash Flow	0.00	-28.67M	-55.33M	-43.57M	-230.28M	-119.51M
Financing Cash Flow	0.00	523.08M	170.61M	876.85M	435.28M	125.43M

ANAP Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1061.00
• 50DMA: Positive
• 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:3189, the sentiment is Neutral. The current price of 1061 is below the 20-day moving average (MA) of 1236.05, above the 50-day MA of 867.66, and above the 200-day MA of 501.02, indicating a neutral trend. The MACD of 62.41 indicates Positive momentum. The RSI at 48.38 is Neutral, neither overbought nor oversold. The STOCH value of 20.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3189.

ANAP Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	€6.17B	13.57	0.40%	4.11%	4.45%	-35.15%
3189	49 Neutral	¥20.43B	30.30		―	-55.47%	―
RGH		€64.40M	―	-180.01%	―	―	―
7416	72 Outperform	¥11.14B	16.55		0.66%	0.61%	74.55%
3415	58 Neutral	¥17.03B	20.87		1.20%	1.73%	108.90%
7494	50 Neutral	¥8.12B	―		2.07%	-9.83%	-371.31%
2686	45 Neutral	¥12.22B	―		―	-7.16%	40.05%