G Three Holdings Corporation (3647) AI Stock Analysis

• Market Cap: ¥2.98B
• Dividend Yield: N/A
• Average Volume (3M): 870.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: 134.07%
• EPS Growth: 58.39%
• Country: JP
• Employees: 11
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): -5.32
• Shares Outstanding: 21,412,720
• 10 Day Avg. Volume: 1,673,620
• 30 Day Avg. Volume: 870,323
• PEG Ratio: 0.15
• Price to Book (P/B): 4.07
• Price to Sales (P/S): 4.66
• P/FCF Ratio: 10.21
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: ¥141.00 ▲(19.49% Upside)
• Action: Reiterated Date: 02/13/26
• Date: Action: Reiterated 02/13/26

The score is held down primarily by deteriorating financial performance (revenue decline and large operating/net losses with negative ROE). Technicals provide some offset with strong trend and positive momentum, but the extremely overbought RSI increases near-term risk. Valuation remains weak/unclear because losses drive a negative P/E and no dividend yield is available.

Positive Factors

Diversified business mix

A multi‑sector portfolio (real estate, infrastructure, technology) provides structural revenue diversification and multiple cashflow sources. Over 2-6 months this reduces concentration risk, helps smooth earnings volatility, and supports redeployment into higher-return projects.

Conservative leverage

Very low debt levels give the company durable financial flexibility to fund development or absorb shocks without stressing liquidity. This conservative capital structure supports long-term investment optionality and lowers default risk during cyclical property or tech slowdowns.

Strong operating cash conversion

Operating cash generation exceeding reported losses indicates resilient cash conversion from core activities. Consistent positive cash flows allow the firm to fund upkeep, selective development and JV commitments, supporting operational continuity despite accounting losses.

Negative Factors

Declining revenue & deep losses

Sustained revenue decline and very large negative margins point to structural demand or cost problems across core businesses. Over months this undermines profit recovery, limits reinvestment capacity and increases the likelihood of strategic restructuring or asset disposals to restore viability.

Negative return on equity

A persistently negative ROE signals capital erosion and poor shareholder returns, reducing investor confidence and making external equity financing harder or more dilutive. Without durable profit improvement, equity value and capacity to fund growth will remain impaired.

Very small operating scale

A tiny employee base constrains internal execution, oversight and scalability across real estate, infrastructure and tech lines. Reliance on partners or contractors increases execution risk and may slow rollouts, limiting the company’s ability to capture larger opportunities or integrate acquisitions.

G Three Holdings Corporation Business Overview & Revenue Model

Company Description

G Three Holdings Corporation engages in constructing and operating of solar power plants in Japan. It is also involved in the sale of power generated from solar power plants; and development of an emergency generator equipped with an engine that uses LP gas and city gas as fuel. The company was formerly known as Connect Holdings Corporation and changed its name to G Three Holdings Corporation in January 2016. G Three Holdings Corporation was founded in 2000 and is headquartered in Tokyo, Japan.

How the Company Makes Money

G Three Holdings Corporation generates revenue through several key streams. Primarily, it earns income from its real estate investments by leasing properties and collecting rental income. Additionally, the company engages in development projects, which provide capital gains upon completion and sale. In the infrastructure sector, G Three Holdings may enter into long-term contracts that yield steady revenue from operational services. The consumer goods segment contributes through the sale of products, either directly or through partnerships with retailers. Strategic partnerships with local and international firms also play a critical role in expanding market access and enhancing revenue potential. Overall, the company's diversified portfolio and strategic investments allow it to capitalize on multiple income sources, contributing to its financial stability and growth.

G Three Holdings Corporation Financial Statement Overview

Summary

Weak fundamentals driven by declining revenue (-8.5% most recent year) and deep losses (net margin -52.05%, EBIT margin -51.10%). Balance sheet leverage is conservative (debt-to-equity 0.045), and cash conversion is relatively supportive (operating cash flow to net income 1.72), but negative ROE (-45.48%) underscores poor shareholder returns.

Income Statement

G Three Holdings Corporation has experienced a significant decline in revenue over the past years, with a negative revenue growth rate of -8.5% in the most recent year. The company is facing substantial losses, as indicated by a negative net profit margin of -52.05% and a negative EBIT margin of -51.10%. These metrics suggest challenges in maintaining profitability and controlling costs.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.045, indicating conservative leverage. However, the return on equity is negative at -45.48%, reflecting ongoing losses and challenges in generating returns for shareholders. The equity ratio is relatively stable, but the negative ROE highlights profitability concerns.

Cash Flow

G Three Holdings Corporation shows a strong operating cash flow to net income ratio of 1.72, indicating efficient cash generation relative to net income. However, the free cash flow growth has been volatile, with a significant improvement in recent years. The free cash flow to net income ratio is close to 1, suggesting that the company is managing its cash flow effectively despite profitability challenges.

Breakdown	Aug 2025	Aug 2024	Aug 2023	Aug 2022	Aug 2021
Income Statement
Total Revenue	606.55M	259.13M	1.19B	1.93B	3.31B
Gross Profit	28.23M	-284.56M	249.17M	527.32M	602.80M
EBITDA	-218.91M	-579.54M	-293.88M	-253.19M	188.04M
Net Income	-315.73M	-742.62M	-488.08M	-452.89M	35.05M
Balance Sheet
Total Assets	1.22B	1.55B	2.14B	2.93B	3.76B
Cash, Cash Equivalents and Short-Term Investments	556.87M	334.45M	225.71M	1.30B	1.65B
Total Debt	31.02M	53.28M	92.01M	171.79M	248.58M
Total Liabilities	528.08M	534.42M	608.24M	912.55M	1.29B
Stockholders Equity	694.16M	1.01B	1.53B	2.02B	2.47B
Cash Flow
Free Cash Flow	276.56M	-68.27M	-979.33M	63.59M	1.94B
Operating Cash Flow	282.05M	-67.85M	-840.41M	64.41M	2.58B
Investing Cash Flow	-1.29M	33.83M	-122.90M	-18.33M	-1.10B
Financing Cash Flow	-54.73M	142.07M	-114.10M	-391.96M	-546.36M

G Three Holdings Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 118.00
• 50DMA: Positive
• 100DMA: Positive
• 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:3647, the sentiment is Positive. The current price of 118 is below the 20-day moving average (MA) of 144.05, below the 50-day MA of 128.74, and below the 200-day MA of 139.32, indicating a neutral trend. The MACD of 4.25 indicates Positive momentum. The RSI at 51.81 is Neutral, neither overbought nor oversold. The STOCH value of 14.40 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3647.

G Three Holdings Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4421	79 Outperform	¥2.87B	12.01	―	2.86%	5.74%	5.97%
3996	71 Outperform	¥3.34B	35.88	―	―	-1.26%	-39.08%
4068	66 Neutral	¥3.38B	28.67	―	―	9.33%	133.75%
4736	66 Neutral	¥3.34B	9.33	―	1.54%	7.59%	16.93%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
3647	48 Neutral	¥2.98B	-8.49	―	―	134.07%	58.39%
4260	46 Neutral	¥3.25B	-123.57	―	―	-3.52%	-65.34%