Tigers Polymer Corporation (4231) AI Stock Analysis

• Market Cap: ¥19.39B
• Dividend Yield: 5.41%
• Average Volume (3M): 33.51K
• Price to Earnings (P/E): 5.6
• Beta (1Y): 0.99
• Revenue Growth: 0.91%
• EPS Growth: 100.31%
• Country: JP
• Employees: 1,988
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 28.99
• Shares Outstanding: 20,111,597
• 10 Day Avg. Volume: 24,590
• 30 Day Avg. Volume: 33,506
• PEG Ratio: 0.33
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 4.52
• 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: 69 Neutral
• Price Target: ¥961.00 ▲(6.42% Upside)

Tigers Polymer Corporation's overall stock score reflects strong financial performance and attractive valuation, which are offset by negative technical indicators. The company's robust financial health and low P/E ratio suggest potential for long-term value, but current market momentum is bearish, indicating short-term challenges.

Positive Factors

Revenue Growth

Steady revenue growth indicates expanding market presence and product demand, supporting long-term business sustainability and competitiveness.

Balance Sheet Strength

A strong balance sheet with low leverage enhances financial stability, providing flexibility for strategic investments and resilience against economic fluctuations.

Profitability

Improved profitability margins reflect efficient operations and cost management, contributing to sustainable earnings and shareholder value over time.

Negative Factors

Free Cash Flow Volatility

Volatility in free cash flow growth may impact the company's ability to fund operations and investments, posing a risk to financial flexibility and growth initiatives.

Cash Flow Management

Challenges in cash flow management could limit the company's capacity to sustain operations and pursue growth opportunities, affecting long-term financial health.

Operational Efficiency

Fluctuations in EBIT suggest potential inefficiencies in operations, which could hinder consistent profitability and require strategic adjustments to maintain performance.

Tigers Polymer Corporation Business Overview & Revenue Model

Company Description

Tigers Polymer Corporation (4231) is a leading manufacturer and supplier of specialty polymers and rubber products, primarily serving the automotive, industrial, and consumer goods sectors. The company is known for its innovative solutions in polymer technology, focusing on high-performance materials that cater to a wide range of applications, including seals, gaskets, and custom rubber components. With a commitment to sustainability and quality, Tigers Polymer Corporation aims to enhance the functionality and durability of its products while meeting the evolving needs of its diverse clientele.

How the Company Makes Money

Tigers Polymer Corporation generates revenue through the production and sale of its specialty polymer and rubber products. The company primarily earns income from direct sales to manufacturers in key industries such as automotive, where demand for high-quality, durable components is critical. Additionally, Tigers Polymer may engage in custom manufacturing projects, providing tailored solutions that meet specific client requirements. Strategic partnerships with other manufacturers and suppliers bolster its market presence and enable access to larger client bases. The company's focus on innovation and developing proprietary technologies also allows it to command premium pricing for its advanced materials, contributing to significant profit margins.

Tigers Polymer Corporation Financial Statement Overview

Summary

Tigers Polymer Corporation exhibits strong financial health with consistent revenue and profit growth, solid margins, a robust balance sheet with low leverage, and efficient cash flow management. The company is well-positioned in the Chemicals - Specialty industry, with good profitability and stability. However, the decline in free cash flow growth rate warrants attention for potential cash flow management improvements.

Income Statement

Tigers Polymer Corporation has demonstrated consistent revenue growth with a positive trajectory over the years, achieving a 3.1% growth in 2025. The gross profit margin is stable at approximately 20%, indicating efficient production processes. The net profit margin has improved to 6.9%, reflecting enhanced profitability. EBIT and EBITDA margins are also strong, at 5.7% and 12.8% respectively, showing good operational efficiency. Despite slight fluctuations in EBIT, overall profitability is robust.

Balance Sheet

The company's balance sheet is strong, with a healthy equity ratio of 72.3%, reflecting low financial leverage and a high level of financial stability. The debt-to-equity ratio is low at 0.06, indicating minimal reliance on external debt financing. Return on Equity (ROE) has improved to 7.7%, showcasing effective use of shareholder funds to generate profits. Overall, the company maintains a solid financial position with significant equity backing and low debt levels.

Cash Flow

Tigers Polymer Corporation's cash flow position is solid, with a free cash flow to net income ratio of 0.92 and an operating cash flow to net income ratio of 1.50, indicating efficient cash generation relative to profits. However, the free cash flow growth rate declined by 39.1% in 2025, suggesting some volatility in cash flow generation. Despite this, the overall cash flow metrics indicate a robust capacity to cover operational needs and investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	49.76B	49.34B	47.86B	45.29B	40.88B	36.59B
Gross Profit	10.20B	9.93B	9.86B	7.42B	7.29B	6.73B
EBITDA	6.07B	6.32B	7.20B	4.46B	4.45B	3.73B
Net Income	3.39B	3.38B	3.02B	816.45M	831.83M	769.47M
Balance Sheet
Total Assets	59.82B	61.13B	57.29B	51.43B	47.64B	43.88B
Cash, Cash Equivalents and Short-Term Investments	18.53B	20.58B	18.19B	13.41B	11.45B	11.29B
Total Debt	3.08B	2.80B	3.00B	3.20B	2.90B	3.11B
Total Liabilities	14.13B	14.16B	15.01B	14.48B	13.95B	12.30B
Stockholders Equity	42.96B	44.18B	39.93B	34.90B	32.02B	30.15B
Cash Flow
Free Cash Flow	0.00	3.11B	5.10B	1.28B	351.74M	5.87M
Operating Cash Flow	0.00	5.07B	7.71B	3.15B	2.61B	2.84B
Investing Cash Flow	0.00	-3.79B	-3.62B	-2.30B	-2.13B	-2.82B
Financing Cash Flow	0.00	-1.54B	-913.69M	-168.84M	-718.90M	539.32M

Tigers Polymer Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 903.00
• 50DMA: Negative
• 100DMA: Negative
• 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:4231, the sentiment is Negative. The current price of 903 is below the 20-day moving average (MA) of 934.75, below the 50-day MA of 967.03, and above the 200-day MA of 831.43, indicating a neutral trend. The MACD of -26.20 indicates Positive momentum. The RSI at 35.99 is Neutral, neither overbought nor oversold. The STOCH value of 21.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4231.

Tigers Polymer Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4064	80 Outperform	¥20.61B	9.78	―	3.79%	9.61%	173.72%
4229	75 Outperform	¥22.73B	11.94	―	2.89%	3.53%	8.36%
4231	69 Neutral	¥19.39B	5.65	―	5.41%	0.91%	100.31%
4092	66 Neutral	¥25.66B	10.19	―	4.13%	-3.41%	-12.83%
4113	66 Neutral	¥17.11B	9.04	―	3.27%	13.09%	89.45%
4409	66 Neutral	¥16.32B	11.70	―	2.70%	1.30%	-5.03%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%