Balance Sheet StrengthA very high equity ratio (72.3%) and negligible D/E (0.06) provide durable financial flexibility. Low leverage reduces refinancing and solvency risk in cyclical chemical markets, supports consistent capital allocation toward capex or dividends, and enables resilience through downturns.

Sustainable Operating MarginsRobust operating profitability—EBITDA margin of 12.8% and improving net margin of 6.9% with a stable ~20% gross margin—indicates efficient production and cost control. These structural margins support steady earnings power and the ability to fund reinvestment and shareholder returns over the medium term.

Strong Cash ConversionOperating cash flow of 1.50x net income and FCF of 0.92x net income show reliable cash generation from operations. This durable cash conversion capacity helps fund working capital, maintenance capex and dividends without heavy external financing in typical cycles, supporting financial stability.

Bears Say

FCF Growth VolatilityA 39.1% drop in free cash flow growth in 2025 signals pronounced volatility in cash generation. Such swings can constrain discretionary investments, complicate payout consistency, and increase reliance on balance sheet buffers or external funding to maintain strategic initiatives during weaker quarters.

Modest Return On EquityROE of 7.7% is modest given the strong equity base; while improving, it indicates limited capital efficiency. Persistent sub-10% ROE may cap shareholder returns absent stronger margin expansion or faster revenue growth, reducing the company’s ability to convert equity into higher long-term profitability.

Sluggish Top-line GrowthRevenue growth of ~3.1% in 2025 points to modest demand expansion. In specialty chemicals, slower top-line momentum limits operating leverage and the room to scale fixed-cost efficiencies, potentially making margin expansion and meaningful earnings growth harder without product innovation or market share gains.

4231 FAQ

What was Tigers Polymer Corporation’s price range in the past 12 months?

Tigers Polymer Corporation lowest stock price was ¥594.00 and its highest was ¥1293.00 in the past 12 months.

What is Tigers Polymer Corporation’s market cap?

Tigers Polymer Corporation’s market cap is ¥24.47B.

When is Tigers Polymer Corporation’s upcoming earnings report date?

Tigers Polymer Corporation’s upcoming earnings report date is May 20, 2026 which is in 74 days.

How were Tigers Polymer Corporation’s earnings last quarter?

Tigers Polymer Corporation released its earnings results on Feb 12, 2026. The company reported ¥31.16 earnings per share for the quarter, beating the consensus estimate of N/A by ¥31.16.

Is Tigers Polymer Corporation overvalued?

According to Wall Street analysts Tigers Polymer Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Tigers Polymer Corporation pay dividends?

Tigers Polymer Corporation pays a Semiannually dividend of ¥14 which represents an annual dividend yield of 5.21%. See more information on Tigers Polymer Corporation dividends here

What is Tigers Polymer Corporation’s EPS estimate?

Tigers Polymer Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Tigers Polymer Corporation have?

Tigers Polymer Corporation has 20,111,597 shares outstanding.

What happened to Tigers Polymer Corporation’s price movement after its last earnings report?

Tigers Polymer Corporation reported an EPS of ¥31.16 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.05%.

Which hedge fund is a major shareholder of Tigers Polymer Corporation?

Currently, no hedge funds are holding shares in JP:4231

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Tigers Polymer Corporation

Tigers Polymer Corporation manufactures and sells rubber hose and industrial rubber products primarily to automotive, electrics, construction and housing, and industrial materials markets worldwide. It offers home appliance hoses for vacuum cleaners, washing machines, and air conditioners; and industrial hoses for use in general industrial, civil engineering and construction, residential, and other fields. The company also provides sheets for use in packing materials, cushioning materials, etc., as well as mats for entrances. In addition, it offers rubber and resin molded products. The company was formerly known as Tigers Rubber Inc. and changed its name to Tigers Polymer Corporation in June 1973. Tigers Polymer Corporation was founded in 1938 and is headquartered in Osaka, Japan.