KOEI CHEMICAL COMPANY LIMITED (4367) AI Stock Analysis

• Market Cap: ¥10.83B
• Dividend Yield: 3.69%
• Average Volume (3M): 3.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.35
• Revenue Growth: -14.16%
• EPS Growth: -161.62%
• Country: JP
• Employees: 292
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 5.94
• Shares Outstanding: 4,900,000
• 10 Day Avg. Volume: 5,640
• 30 Day Avg. Volume: 3,600
• 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: 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: 52 Neutral
• Price Target: ¥2,135.00 ▼(-6.56% Downside)

The overall stock score is primarily influenced by financial performance and technical analysis. The company's stable revenue growth and solid balance sheet are overshadowed by cash flow inconsistencies and profitability pressures. The technical indicators suggest bearish momentum, with the stock being oversold. Valuation concerns are highlighted by a negative P/E ratio, though the high dividend yield provides some offsetting appeal.

Positive Factors

Stable Revenue Growth

Consistent revenue growth, albeit slight, indicates a steady demand for the company's products, supporting long-term business stability.

Healthy Gross Profit Margins

Sustained gross profit margins suggest effective cost management and pricing power, which are crucial for long-term profitability.

Solid Balance Sheet

A solid balance sheet with a stable equity ratio provides financial stability and flexibility for future investments and growth.

Negative Factors

Cash Flow Inconsistencies

Inconsistent cash flow generation can hinder the company's ability to invest in growth opportunities and meet financial obligations.

Profitability Pressures

Declining net profit margins reflect challenges in maintaining profitability, which could impact long-term financial health.

Return on Equity Challenges

Pressure on return on equity suggests inefficiencies in using equity capital, potentially affecting investor confidence and growth prospects.

KOEI CHEMICAL COMPANY LIMITED Business Overview & Revenue Model

Company Description

KOEI CHEMICAL COMPANY LIMITED (4367) is a leading manufacturer and supplier in the chemical industry, specializing in the production of a diverse range of chemical products including industrial chemicals, specialty chemicals, and polymer materials. The company operates primarily in sectors such as manufacturing, construction, and automotive, providing innovative solutions that cater to various industrial applications. KOEI CHEMICAL is committed to sustainability and continuously invests in research and development to enhance its product offerings and reduce environmental impact.

How the Company Makes Money

KOEI CHEMICAL COMPANY LIMITED generates revenue through multiple channels, primarily by selling its chemical products to a wide range of industries. The company's core revenue streams include the sale of industrial chemicals, specialty chemicals, and polymer materials, which are utilized in manufacturing processes, construction projects, and automotive applications. Additionally, KOEI CHEMICAL may engage in long-term contracts with key clients, providing stable income through consistent product supply. The company might also benefit from partnerships with other manufacturers and distributors that expand its market reach and enhance its distribution capabilities. Market demand for environmentally friendly and innovative chemical solutions further contributes to its revenue, as the company aligns its offerings with evolving industry standards and customer preferences.

KOEI CHEMICAL COMPANY LIMITED Financial Statement Overview

Summary

The company shows stable revenue growth and consistent gross profit margins, but profitability metrics like net profit margin and return on equity are under pressure. The balance sheet is solid, though cash flow inconsistencies present a risk.

Income Statement

The company's revenue has shown slight growth over the years, with a CAGR of about 1.56% over the past five years. The gross profit margin remains healthy, averaging around 24% over the last five years, though it has slightly declined from 26.6% in 2020 to 23.2% in 2025. Net profit margins have also decreased, indicating pressure on profitability. The EBIT and EBITDA margins have shown some volatility, reflecting operational challenges.

Balance Sheet

The balance sheet shows a reasonable debt-to-equity ratio with slight increases in debt levels over the years. The equity ratio has been stable, indicating a solid asset base supported by equity. However, return on equity has been under pressure, reflecting challenges in generating returns from equity investments.

Cash Flow

Operating cash flow has been inconsistent, with significant fluctuations, including negative free cash flows in some years. While there was a recovery in the most recent year, the company's ability to consistently generate free cash flow is a concern. The operating cash flow to net income ratio has been volatile, affecting cash flow sustainability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.02B	19.43B	18.60B	17.30B	17.59B
Gross Profit	4.64B	5.28B	4.66B	3.65B	4.59B
EBITDA	3.45B	3.25B	3.26B	3.12B	4.07B
Net Income	288.00M	299.62M	690.80M	940.65M	1.85B
Balance Sheet
Total Assets	35.22B	39.30B	39.08B	34.71B	32.06B
Cash, Cash Equivalents and Short-Term Investments	324.00M	562.87M	368.49M	277.73M	160.94M
Total Debt	7.47B	10.30B	10.67B	5.26B	2.85B
Total Liabilities	13.60B	17.48B	17.03B	12.77B	9.99B
Stockholders Equity	21.62B	21.82B	22.05B	21.93B	22.07B
Cash Flow
Free Cash Flow	3.17B	1.87B	-5.41B	-2.18B	-2.98B
Operating Cash Flow	4.76B	3.98B	-33.44M	2.62B	1.92B
Investing Cash Flow	-1.66B	-1.99B	-5.09B	-4.19B	-3.91B
Financing Cash Flow	-3.33B	-1.85B	4.91B	1.86B	1.56B

KOEI CHEMICAL COMPANY LIMITED Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2285.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4367, the sentiment is Positive. The current price of 2285 is above the 20-day moving average (MA) of 2163.60, above the 50-day MA of 2138.38, and above the 200-day MA of 2224.88, indicating a neutral trend. The MACD of 14.79 indicates Negative momentum. The RSI at 69.64 is Neutral, neither overbought nor oversold. The STOCH value of 56.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4367.

KOEI CHEMICAL COMPANY LIMITED Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5018	79 Outperform	¥14.45B	14.98	―	3.03%	1.59%	-26.64%
4957	74 Outperform	¥14.03B	8.11	―	0.88%	5.90%	135.08%
4623	72 Outperform	¥6.55B	10.50	―	3.50%	-8.27%	-3.23%
4629	70 Outperform	¥7.74B	9.81	―	2.51%	2.26%	51.04%
4406	62 Neutral	¥8.69B	18.56	―	1.35%	-2.76%	-25.24%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
4367	52 Neutral	¥10.83B	-47.10	―	3.69%	-14.16%	-161.62%