Macromill (3978) AI Stock Analysis

• Market Cap: €51.18B
• Dividend Yield: 1.18%
• Average Volume (3M): 52.55K
• Price to Earnings (P/E): 16.2
• Beta (1Y): 0.37
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: 2,228
• Sector: Technology
• Sector Strength: 79
• Industry: Advertising Agencies
• EPS (TTM): 44.48
• Shares Outstanding: 41,197,700
• 10 Day Avg. Volume: 26,930
• 30 Day Avg. Volume: 52,546
• PEG Ratio: 0.03
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 24.02
• 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: 68 Neutral
• Price Target: ¥1,388.00 ▲(9.21%Upside)

Macromill's stock score is driven primarily by solid financial performance, marked by consistent revenue growth and strong cash flow management. The technical analysis suggests a neutral stance with limited momentum, while the valuation remains reasonable. Careful management of debt and maintaining operational efficiency will be key to future performance.

Macromill Business Overview & Revenue Model

Company Description

Macromill (3978) is a leading global provider of marketing research and digital marketing solutions. The company specializes in offering a wide range of data collection, analytics, and insight services that enable businesses to understand consumer behavior, market trends, and brand performance. Macromill operates across various sectors including consumer goods, technology, healthcare, and finance, providing tailored research solutions to help clients make informed business decisions.

How the Company Makes Money

Macromill generates revenue primarily through its market research services, which include online surveys, consumer panels, and customized research solutions. The company earns money by offering data collection and analysis services to businesses that need insights into consumer behavior and market trends. Key revenue streams include subscription-based services, project-based research fees, and digital marketing analytics. Macromill also benefits from strategic partnerships with other research firms and technology companies, which enhance its service offerings and expand its market reach.

Macromill Financial Statement Overview

Summary

Macromill presents a solid financial performance with consistent revenue growth, strong operating margins, and effective cash flow management. While the company maintains a stable equity position, the relatively high leverage and moderate profitability indicate areas for improvement. Overall, Macromill is well-positioned for growth, but careful management of debt levels will be critical to sustaining financial health.

Income Statement

Macromill's income statement shows a solid performance with a consistent increase in revenue from previous years, despite minor fluctuations. The TTM gross profit margin stands at 25.12%, reflecting strong cost management. However, the net profit margin is moderate at 6.69%, indicating room for improvement in profitability. Revenue growth from 2023 to TTM is modest at 9.12%, signaling steady growth within the industry. The EBIT and EBITDA margins are healthy at 12.21% and 17.37% respectively, showcasing operational efficiency.

Balance Sheet

The balance sheet highlights a stable financial position with an equity ratio of 42.92%, indicating a balanced capital structure. The debt-to-equity ratio is relatively high at 0.98, suggesting a significant reliance on debt financing, which could pose risks if not managed carefully. Return on equity (ROE) stands at 7.02% in the TTM, which is moderate and suggests potential for better shareholder returns.

Cash Flow

Macromill demonstrates strong cash flow management with a positive free cash flow growth rate of 14.78% from the previous period. The operating cash flow to net income ratio is 2.21, indicating efficient cash conversion from earnings. Free cash flow to net income ratio is 2.02, reflecting robust cash generation relative to net income, which supports the company's ability to fund operations and investments.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
44.32B	43.86B	40.62B	49.81B	43.17B	41.27B
	Gross Profit
11.13B	28.67B	4.53B	5.72B	5.34B	5.72B
	EBIT
5.41B	5.69B	4.50B	5.81B	5.36B	396.00M
	EBITDA
7.70B	7.23B	7.70B	7.33B	8.37B	3.29B
	Net Income Common Stockholders
2.97B	2.29B	7.57B	3.15B	2.82B	-2.13B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
18.58B	10.40B	18.47B	14.89B	19.20B	13.33B
	Total Assets
98.32B	89.20B	94.15B	83.63B	84.04B	77.15B
	Total Debt
41.57B	33.09B	42.31B	34.08B	39.34B	37.19B
	Net Debt
23.00B	22.69B	24.06B	19.33B	20.26B	23.88B
	Total Liabilities
51.56B	43.41B	51.82B	47.81B	51.11B	46.41B
	Stockholders Equity
42.21B	40.74B	37.66B	31.70B	29.24B	27.56B
Cash Flow		Free Cash Flow
6.00B	6.97B	1.38B	4.29B	4.88B	5.86B
	Operating Cash Flow
6.54B	8.31B	2.91B	5.51B	6.02B	7.79B
	Investing Cash Flow
-1.33B	-1.95B	-5.23B	-1.66B	-1.13B	-2.16B
	Financing Cash Flow
5.45B	-14.29B	5.66B	-8.51B	631.00M	-2.40B

Macromill Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1271.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3978, the sentiment is Positive. The current price of 1271 is above the 20-day moving average (MA) of 1270.60, below the 50-day MA of 1279.62, and above the 200-day MA of 1112.34, indicating a neutral trend. The MACD of -1.54 indicates Negative momentum. The RSI at 47.69 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3978.

Macromill Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2148	80 Outperform	¥32.91B	21.22		6.18%	1.24%	0.17%
4293	77 Outperform	¥83.86B	23.30		7.84%	-17.46%	43.19%
4326	76 Outperform	¥69.05B	17.03		2.60%	6.52%	80.17%
3978	68 Neutral	€51.18B	16.23	7.35%	1.18%	―	―
2389	64 Neutral	¥19.08B	8.32		5.17%	-9.56%	127.51%
2461	63 Neutral	¥28.29B	21.87		4.48%	-5.88%	15.11%
Sector *	62 Neutral	$11.97B	10.08	-7.46%	2.96%	7.37%	-8.22%

Macromill Corporate Events

Macromill Announces Share Consolidation and Delisting

Macromill, Inc. has announced the approval of a share consolidation and amendments to its articles of incorporation, which were decided at an extraordinary shareholders’ meeting. This decision will lead to the company’s shares being delisted from the Tokyo Stock Exchange Prime Market by June 17, 2025, impacting stakeholders as the shares will no longer be traded on the TSE.

Macromill Reports Financial Growth Amid Upcoming Delisting

Macromill, Inc. reported its consolidated financial results for the first nine months of the fiscal year ending June 30, 2025, showing a slight increase in revenue and significant growth in profit before tax and profit attributable to owners of the parent. The company is set to be delisted following a tender offer by TJ1 Co., Ltd., which will impact its future financial forecasting and shareholder structure.

Macromill Announces Treasury Share Cancellation

Macromill, Inc. has announced a resolution to cancel 2,257,607 of its treasury shares, which constitutes 5.48% of the total issued shares before cancellation. This move is contingent upon the approval of a share consolidation proposal at an extraordinary shareholders’ meeting scheduled for May 26, 2025, and is part of a broader strategy to streamline its share structure, potentially impacting its market positioning and shareholder value.

Macromill Announces Share Consolidation and Delisting from TSE

Macromill, Inc. announced a series of corporate actions including share consolidation and amendments to its articles of incorporation, which will lead to the delisting of its shares from the Tokyo Stock Exchange Prime Market. This move is part of a broader transaction where TJ1 Co., Ltd. aims to acquire all outstanding shares, making Macromill a wholly-owned subsidiary, significantly impacting its market presence and shareholder structure.

Macromill Announces Successful Tender Offer and Shareholder Changes

Macromill, Inc. announced the successful completion of a tender offer by TJ1 Co., Ltd., resulting in significant changes in its shareholder structure. With the acquisition of over 25 million shares, TJ1 Co., Ltd. will become the new parent company and largest shareholder, impacting previous major shareholders such as TriVista Capital Inc. and Grantham Mayo, Van Otterloo & Co. LLC, who will no longer hold major shareholder status.