M-mart, Inc. (4380) AI Stock Analysis

• Market Cap: ¥5.81B
• Dividend Yield: 1.65%
• Average Volume (3M): 9.25K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.39
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: 66
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Grocery Stores
• EPS (TTM): 24.53
• Shares Outstanding: 4,890,800
• 10 Day Avg. Volume: 3,760
• 30 Day Avg. Volume: 9,246
• PEG Ratio: 0.64
• Price to Book (P/B): 2.84
• Price to Sales (P/S): 4.45
• P/FCF Ratio: 13.54
• 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: 72 Outperform
• Price Target: ¥1,321.00 ▲(1.38% Upside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is primarily driven by very strong financial performance (expanding margins, strong returns, and a debt-free balance sheet with solid cash conversion). This is partially offset by weak technicals (price below major moving averages and negative MACD), while valuation is supportive with a reasonable P/E and a modest dividend yield.

Positive Factors

Debt-free balance sheet

A debt-free balance sheet materially lowers financial risk and interest exposure, preserving cash flow during downturns and giving management durable optionality for capital allocation (capex, M&A, buybacks). Over 2–6 months this supports resilience and strategic flexibility.

Negative Factors

Revenue growth volatility (outsized 2026 spike)

An outsized revenue jump in 2026 versus prior trends raises sustainability concerns; if driven by one-offs, future revenue and earnings could normalize, making forecast accuracy harder. Over 2–6 months, this increases execution risk for maintaining elevated margins and growth.

M-mart, Inc. Business Overview & Revenue Model

Company Description

M - Mart Inc. engages in the e-marketplace business in Japan. It is involved in the unmanned wholesale sale of products through the open market of the internet with buyers in the food and beverage industry, accommodation industry, ready-to-eat ind...

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M - Mart Inc. engages in the e-marketplace business in Japan. It is involved in the unmanned wholesale sale of products through the open market of the internet with buyers in the food and beverage industry, accommodation industry, ready-to-eat ind...

M-mart, Inc. Financial Statement Overview

Breakdown	TTM	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022
Income Statement
Total Revenue	1.34B	1.36B	1.29B	1.17B	986.05M	902.94M
Gross Profit	587.19M	632.50M	521.64M	483.91M	349.94M	270.10M
EBITDA	576.18M	638.05M	525.30M	486.76M	352.54M	272.71M
Net Income	389.79M	423.11M	345.94M	324.89M	235.02M	182.56M
Balance Sheet
Total Assets	2.90B	3.10B	2.66B	2.31B	1.90B	1.62B
Cash, Cash Equivalents and Short-Term Investments	2.34B	2.57B	2.22B	1.96B	1.60B	1.37B
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	993.00M	963.27M	847.46M	751.99M	606.87M	510.16M
Stockholders Equity	1.91B	2.13B	1.81B	1.56B	1.29B	1.11B
Cash Flow
Free Cash Flow	220.00M	448.10M	353.71M	422.38M	277.81M	232.22M
Operating Cash Flow	227.00M	455.45M	354.58M	426.27M	285.34M	232.63M
Investing Cash Flow	-29.50M	-37.36M	-30.86M	-33.40M	-38.03M	-29.91M
Financing Cash Flow	-102.50M	-102.87M	-88.01M	-63.69M	-48.81M	-48.79M

M-mart, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8198	76 Outperform	¥114.40B	10.45	―	1.92%	2.30%	26.52%
9974	76 Outperform	¥161.09B	15.86	―	1.64%	10.13%	23.77%
8167	74 Outperform	¥57.35B	19.57	―	3.31%	4.92%	19.73%
4380	72 Outperform	¥5.81B	14.34	―	1.65%	―	―
2742	72 Outperform	¥95.76B	10.82	―	1.47%	7.75%	-1.68%
8194	69 Neutral	¥223.48B	19.90	―	2.43%	4.48%	13.17%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%