Good Com Asset Co.,Ltd. (3475) AI Stock Analysis

• Market Cap: ¥38.47B
• Dividend Yield: 3.44%
• Average Volume (3M): 269.28K
• Price to Earnings (P/E): 16.7
• Beta (1Y): 0.60
• Revenue Growth: 21.25%
• EPS Growth: 28.04%
• Country: JP
• Employees: 186
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): -18.42
• Shares Outstanding: 30,530,400
• 10 Day Avg. Volume: 166,790
• 30 Day Avg. Volume: 269,280
• PEG Ratio: 0.03
• Price to Book (P/B): 1.73
• Price to Sales (P/S): 0.40
• P/FCF Ratio: 0.93
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ¥1,382.00 ▲(5.74% Upside)

Good Com Asset Co.,Ltd. has a strong financial performance, which is the most significant factor in its overall score. However, the stock is currently facing bearish technical indicators, which weigh down the score. The valuation is moderate, with a reasonable P/E ratio and attractive dividend yield, but it does not offset the negative technical outlook. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Good Com Asset Co.,Ltd. Business Overview & Revenue Model

Company Description

Good Com Asset Co., Ltd. (3475) is a prominent player in the real estate and asset management sector, focusing on the development, acquisition, and management of commercial and residential properties. The company operates primarily in urban regions, offering a diverse portfolio that includes office spaces, retail outlets, and residential complexes. With a commitment to creating sustainable and innovative living and working environments, Good Com Asset also engages in property consultancy services, providing clients with expert advice on asset management and investment strategies.

How the Company Makes Money

Good Com Asset Co., Ltd. generates revenue through several key streams, primarily from leasing and rental income derived from its portfolio of commercial and residential properties. The company also earns money through property sales and development projects, capitalizing on the appreciation of real estate values. Additionally, it offers consultancy services for property management and investment, which contribute further to its revenue. Strategic partnerships with local governments and developers enhance its project pipeline and facilitate access to new opportunities, while efficient asset management practices ensure high occupancy rates and optimized property performance, further boosting earnings.

Good Com Asset Co.,Ltd. Financial Statement Overview

Summary

Good Com Asset Co.,Ltd. demonstrates strong financial health with significant revenue and profitability growth, supported by efficient operations and effective cost management. The balance sheet shows a balanced financial structure, though the high level of debt should be monitored. Cash flow generation is solid, enhancing the company's ability to fund operations and growth. Overall, the company is on a strong financial trajectory, though careful management of debt levels will be crucial.

Income Statement

The company has shown robust revenue growth with the latest annual revenue increasing significantly from the previous year, indicating strong market demand. Gross profit margin is healthy at approximately 14.9%, and the net profit margin stands at an impressive 5.6%, reflecting effective cost management. EBIT and EBITDA margins are also strong at 9.1% and 9.4% respectively, showcasing operational efficiency.

Balance Sheet

The balance sheet exhibits a moderate debt-to-equity ratio of 1.42, indicating a balanced use of debt and equity. The equity ratio is 35.3%, highlighting a stable financial structure. However, the high amount of total debt warrants caution, though the return on equity is a solid 23.8%, showing effective use of shareholder funds.

Cash Flow

The company displays a strong free cash flow of ¥25.8 billion with an excellent free cash flow to net income ratio, suggesting effective cash generation capabilities. Additionally, the operating cash flow to net income ratio is high, indicating good cash conversion efficiency. However, past fluctuations in cash flow require monitoring.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.67B	59.75B	22.19B	40.05B	34.22B	26.32B
Gross Profit	7.80B	8.89B	5.57B	7.61B	6.11B	4.79B
EBITDA	3.85B	5.61B	2.29B	4.78B	3.68B	2.93B
Net Income	2.22B	3.32B	1.03B	2.86B	1.96B	1.83B
Balance Sheet
Total Assets	53.30B	39.46B	53.50B	24.45B	20.45B	25.92B
Cash, Cash Equivalents and Short-Term Investments	8.01B	11.66B	8.06B	11.68B	7.97B	6.60B
Total Debt	36.61B	19.83B	40.38B	10.07B	8.99B	16.07B
Total Liabilities	39.80B	25.52B	41.89B	12.98B	11.24B	17.52B
Stockholders Equity	13.23B	13.94B	11.61B	11.47B	9.21B	8.40B
Cash Flow
Free Cash Flow	-6.65B	25.84B	-33.20B	3.48B	9.66B	-6.15B
Operating Cash Flow	-6.65B	25.86B	-33.17B	3.48B	9.70B	-6.11B
Investing Cash Flow	-1.37B	-701.07M	-53.66M	-255.88M	-90.79M	-582.07M
Financing Cash Flow	6.09B	-21.56B	29.45B	455.81M	-8.23B	8.31B

Good Com Asset Co.,Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1307.00
• 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:3475, the sentiment is Negative. The current price of 1307 is below the 20-day moving average (MA) of 1416.81, below the 50-day MA of 1465.50, and above the 200-day MA of 1151.68, indicating a neutral trend. The MACD of -44.98 indicates Positive momentum. The RSI at 34.46 is Neutral, neither overbought nor oversold. The STOCH value of 10.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3475.

Good Com Asset Co.,Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8931	78 Outperform	¥18.21B	5.10	―	4.91%	10.42%	48.21%
3242	75 Outperform	¥21.00B	9.94	―	3.79%	84.40%	142.34%
3248	67 Neutral	¥2.65B	11.71	―	4.34%	-30.74%	-59.99%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
3475	63 Neutral	¥38.47B	16.72	―	3.44%	21.25%	28.04%
8927	62 Neutral	¥14.79B	7.57	―	2.48%	44.91%	37.67%

Good Com Asset Co.,Ltd. Corporate Events

Goodcom Asset Co., Ltd. Advances Growth Strategy with Real Estate Sale

Goodcom Asset Co., Ltd. announced the sale of real estate assets to its fourth private fund, as part of its strategy to achieve ¥600 billion in sales by 2030. This move is part of a broader growth strategy that includes future sales to additional funds and entry into the REIT business, aiming to strengthen its market position and enhance financial performance.

The most recent analyst rating on (JP:3475) stock is a Buy with a Yen1518.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

Good Com Asset Reports Decline but Forecasts Recovery

Good Com Asset Co., Ltd. reported a significant decline in its financial performance for the nine months ending July 31, 2025, with net sales dropping by 26.7% and profits attributable to owners of the parent decreasing by 67.7% compared to the previous year. Despite these challenges, the company forecasts a modest increase in operating and ordinary profits for the fiscal year ending October 31, 2025, indicating potential recovery and growth prospects.

The most recent analyst rating on (JP:3475) stock is a Buy with a Yen1518.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

Good Com Asset Co., Ltd. Reports Decline in Nine-Month Financial Performance but Maintains Positive Outlook

Good Com Asset Co., Ltd. reported a significant decline in its financial performance for the nine months ending July 31, 2025, with net sales dropping by 26.7% and profit attributable to owners of the parent decreasing by 67.7% compared to the previous year. Despite these declines, the company maintains a positive outlook for the fiscal year ending October 31, 2025, with expected increases in operating profit and ordinary profit. The company’s strategic acquisition of five new companies, including Livenup Group Co., Ltd., may impact its future growth and market positioning.

The most recent analyst rating on (JP:3475) stock is a Buy with a Yen1518.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

Good Com Asset Co., Ltd. Restructures Reportable Segments After Acquisition

Good Com Asset Co., Ltd. announced a change in its reportable segments following the acquisition of Livenup Group Corporation as a consolidated subsidiary. This strategic move will see Livenup Group established as a new reportable segment, enhancing transparency and communication with stakeholders by including Livenup’s activities in developing and managing real estate in the company’s consolidated business results.