Base Co., Ltd. (4481) AI Stock Analysis

• Market Cap: ¥63.73B
• Dividend Yield: 3.22%
• Average Volume (3M): 34.77K
• Price to Earnings (P/E): 15.4
• Beta (1Y): 1.04
• Revenue Growth: 8.13%
• EPS Growth: 10.47%
• Country: JP
• Employees: 1,243
• Sector: Technology
• Sector Strength: 93
• Industry: Software - Application
• EPS (TTM): 59.70
• Shares Outstanding: 18,799,200
• 10 Day Avg. Volume: 33,280
• 30 Day Avg. Volume: 34,766
• PEG Ratio: 2.54
• Price to Book (P/B): 4.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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

• Rating: 79 Outperform
• Price Target: ―

Base Co., Ltd. exhibits strong financial performance with robust profitability and cash generation. The technical analysis suggests neutral momentum with a possible caution due to high stochastic values. The valuation is attractive with a reasonable P/E ratio and a good dividend yield. Overall, the company is well-positioned financially, but investors should monitor technical indicators for potential short-term volatility.

Base Co., Ltd. Business Overview & Revenue Model

Company Description

Base Co., Ltd. (4481) is a Japanese technology company specializing in e-commerce and online payment solutions. The company provides a platform that enables users to easily create and manage their own online shops without the need for complex technical skills. Base Co., Ltd. serves a diverse range of sectors, offering tools and services that facilitate online sales, marketing, and customer engagement.

How the Company Makes Money

Base Co., Ltd. generates revenue through a combination of subscription fees for its platform services and transaction fees on sales made through its e-commerce platform. The company offers various pricing plans that cater to different business sizes, allowing users to choose the plan that best suits their needs. Additionally, Base Co., Ltd. partners with payment processors to facilitate transactions on its platform, earning a percentage of each transaction. The company also benefits from strategic partnerships with financial institutions and technology providers, which help expand its service offerings and enhance its platform capabilities.

Base Co., Ltd. Financial Statement Overview

Summary

Base Co., Ltd. demonstrates strong financial health across all key areas. The income statement reflects high growth and profitability (Score: 92). The balance sheet shows a solid equity position with minimal debt risk (Score: 85). Cash flow metrics indicate strong cash generation capabilities (Score: 88). Overall, the company is financially robust with a positive growth trajectory.

Income Statement

Base Co., Ltd. has shown remarkable revenue growth from 2019 to 2024, with a consistent increase each year. The gross profit margin is strong, indicating efficient cost management. The net profit margin is also substantial, demonstrating robust profitability. The EBIT and EBITDA margins are healthy, showing operational efficiency and strong earnings capability.

Balance Sheet

The company maintains a strong equity position with a high equity ratio, reflecting financial stability. The absence of debt in the latest year reduces financial risk significantly. However, the debt-to-equity ratio was higher in previous years, indicating a past reliance on debt financing which has been successfully managed down.

Cash Flow

Base Co., Ltd. exhibits a strong free cash flow position with consistent growth over the years, underscoring effective cash management. The operating cash flow to net income ratio supports the company's ability to convert income into cash. Consistent free cash flow generation enhances financial flexibility.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.23B	18.71B	17.05B	13.29B	12.40B
Gross Profit	6.46B	5.83B	4.91B	3.90B	3.41B
EBITDA	5.25B	4.72B	3.97B	3.08B	2.49B
Net Income	3.87B	3.43B	2.73B	2.13B	1.74B
Balance Sheet
Total Assets	17.75B	16.32B	14.56B	11.44B	10.29B
Cash, Cash Equivalents and Short-Term Investments	11.62B	10.55B	10.19B	7.49B	7.18B
Total Debt	0.00	11.94M	92.88M	266.15M	715.03M
Total Liabilities	4.16B	3.87B	3.96B	2.86B	3.38B
Stockholders Equity	13.23B	12.15B	10.33B	8.37B	6.73B
Cash Flow
Free Cash Flow	3.86B	3.24B	3.64B	1.38B	2.54B
Operating Cash Flow	3.88B	3.28B	3.67B	1.44B	2.56B
Investing Cash Flow	52.59M	-1.20B	-38.20M	-116.80M	-12.08M
Financing Cash Flow	-2.92B	-1.75B	-948.99M	-1.06B	-1.24B

Base Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3390.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4481, the sentiment is Positive. The current price of 3390 is above the 20-day moving average (MA) of 3382.43, above the 50-day MA of 3337.08, and above the 200-day MA of 3056.50, indicating a bullish trend. The MACD of 26.24 indicates Negative momentum. The RSI at 52.17 is Neutral, neither overbought nor oversold. The STOCH value of 70.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4481.

Base Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4481	79 Outperform	¥63.73B	15.43		3.22%	8.13%	10.47%
Sector *	68 Neutral	¥228.97B	14.57	7.50%	2.73%	9.28%	6.70%
4475	66 Neutral	¥52.81B	43.62		0.18%	25.42%	36.27%
4385	64 Neutral	$390.89B	23.70	21.33%	―	3.01%	-2.84%
4388	63 Neutral	¥3.10B	20.87		―	102.19%	-122.72%
3697	58 Neutral	¥431.29B	52.40	23.55%	―	18.03%	46.07%
3994	55 Neutral	€276.15B	―	-18.26%	―	20.96%	-6.20%

Base Co., Ltd. Corporate Events

Base Co., Ltd. Reports Strong Financial Performance for 2024 and Positive 2025 Outlook

Base Co., Ltd. reported a year-on-year increase in net sales and profits for the year ended December 31, 2024, reflecting solid operational performance. The company’s strategic decisions have resulted in improvements in cash flows and dividends, indicating a positive outlook for stakeholders. The forecast for 2025 suggests continued growth in sales and profitability, positioning the company favorably within the industry.