Tigers Polymer Corporation (4231) AI Stock Analysis

• Market Cap: ¥20.65B
• Dividend Yield: 5.14%
• Average Volume (3M): 32.07K
• Price to Earnings (P/E): 6.0
• Beta (1Y): 1.05
• Revenue Growth: 3.11%
• EPS Growth: 12.90%
• Country: JP
• Employees: 1,988
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 37.14
• Shares Outstanding: 20,111,597
• 10 Day Avg. Volume: 37,660
• 30 Day Avg. Volume: 32,070
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥978.00
• Price Target Upside: -5.23% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 81 Outperform
• Price Target: ¥978.00 ▼(-5.23% Downside)

Tigers Polymer Corporation's stock is rated highly due to excellent valuation metrics, including a low P/E ratio and high dividend yield, which suggest undervaluation. Strong financial performance with robust profit margins and low leverage further enhances the score. Technical indicators support a bullish outlook, but caution is advised due to near-overbought conditions.

Tigers Polymer Corporation Business Overview & Revenue Model

Company Description

Tigers Polymer Corporation, headquartered in Japan, specializes in manufacturing and selling a diverse array of polymer products. The company operates in sectors including automotive, construction, and industrial applications, focusing on the development and production of high-quality rubber and plastic components. Core products include hoses, tubes, seals, and other polymer-based items designed to meet the specific needs of various industries.

How the Company Makes Money

Tigers Polymer Corporation generates revenue primarily through the sale of its polymer products to industries such as automotive, construction, and manufacturing. The company leverages its expertise in polymer technology to design and produce custom solutions that meet the specific requirements of its clients. Key revenue streams include direct sales of rubber and plastic components, as well as contracts and partnerships with major companies in need of specialized polymer products. Its earnings are also supported by a strong focus on research and development, which enables the company to innovate and maintain a competitive edge in the market.

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 decline in free cash flow growth rate warrants attention for potential 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	49.34B	49.34B	47.86B	45.29B	40.88B	36.59B
Gross Profit	9.93B	9.93B	9.86B	7.42B	7.29B	6.73B
EBITDA	5.72B	6.32B	7.20B	4.46B	4.45B	3.73B
Net Income	3.38B	3.38B	3.02B	816.45M	831.83M	769.47M
Balance Sheet
Total Assets	61.13B	61.13B	57.29B	51.43B	47.64B	43.88B
Cash, Cash Equivalents and Short-Term Investments	20.58B	20.58B	18.19B	13.41B	11.45B	11.29B
Total Debt	2.80B	2.80B	3.00B	3.20B	2.90B	3.11B
Total Liabilities	14.16B	14.16B	15.01B	14.48B	13.95B	12.30B
Stockholders Equity	44.18B	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: Positive
• Last Price: 1032.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4231, the sentiment is Positive. The current price of 1032 is above the 20-day moving average (MA) of 986.10, above the 50-day MA of 935.56, and above the 200-day MA of 781.88, indicating a bullish trend. The MACD of 18.57 indicates Positive momentum. The RSI at 71.88 is Negative, neither overbought nor oversold. The STOCH value of 80.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4231.

Tigers Polymer Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4231	81 Outperform	¥20.65B	6.01	―	5.14%	3.11%	12.90%
4229	80 Outperform	¥22.77B	12.30	3.86%	2.91%	2.14%	-5.12%
4113	77 Outperform	¥20.10B	12.36	7.99%	2.85%	7.57%	35.66%
4064	76 Outperform	¥21.26B	10.09	6.19%	3.59%	11.19%	122.83%
4409	74 Outperform	¥17.38B	12.46	7.35%	2.45%	4.46%	25.80%
4092	68 Neutral	¥25.73B	10.22	5.52%	3.63%	-1.44%	-1.26%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%