Space Market, Inc. (4487) AI Stock Analysis

• Market Cap: ¥4.45B
• Dividend Yield: N/A
• Average Volume (3M): 36.29K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 0.26
• Revenue Growth: 25.10%
• EPS Growth: N/A
• Country: JP
• Employees: 64
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.20
• Shares Outstanding: 12,095,600
• 10 Day Avg. Volume: 18,380
• 30 Day Avg. Volume: 36,290
• 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: ¥389.00
• Price Target Upside: 5.71% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: ¥389.00 ▲(5.71% Upside)

Space Market, Inc. shows strong financial performance with robust revenue and profit growth, which is the most significant factor in its overall score. However, the technical analysis indicates bearish momentum, which negatively impacts the stock's attractiveness. The valuation is moderate, with a reasonable P/E ratio but no dividend yield. The absence of earnings call data and corporate events means these factors do not influence the score.

Space Market, Inc. Business Overview & Revenue Model

Company Description

SpaceMarket operates an online platform for space sharing in Japan. It provides a marketplace of unused or idle venues for on-demand rental use. The company offers spacemarket app, which allows customers to search and reserve rental space. Its platform allows searching of rental space for party, business, shooting and recording, hobbies/play, sports/fitness, study group, lessons/courses, music, beauty, office, pop-up store, baggage, and other events. The company was founded in 2014 and is headquartered in Japan.

How the Company Makes Money

Space Market, Inc. generates revenue primarily through transaction fees collected from bookings made on its platform. The company charges a percentage fee to space owners for each successful rental transaction facilitated through its system. Additionally, Space Market may offer premium listing services or advertising opportunities to space owners, providing them with increased visibility in exchange for a fee. Partnerships with corporate clients or event organizers could also contribute to its earnings by providing tailored space solutions for larger-scale needs. Overall, the company capitalizes on the growing demand for flexible space rental options in the sharing economy.

Space Market, Inc. Financial Statement Overview

Summary

Space Market, Inc. exhibits strong financial performance with significant revenue and profit growth, improved margins, and robust cash flow generation. The balance sheet is stable with low leverage, and the company effectively manages its cash flows. These factors contribute to a positive financial outlook, positioning the company well for future growth.

Income Statement

Space Market, Inc. has demonstrated strong revenue growth with a 25.9% increase from 2023 to 2024. The gross profit margin is robust at 77.8%, indicating efficient cost management. Net profit margin improved significantly to 9.2% in 2024 from a negative margin in 2023, showcasing a turnaround in profitability. EBIT and EBITDA margins also improved, reflecting enhanced operational efficiency.

Balance Sheet

The company's balance sheet shows a healthy equity ratio of 30.1%, indicating a solid equity base. The debt-to-equity ratio is low at 0.30, suggesting conservative leverage. Return on equity improved to 23.8% in 2024, highlighting effective use of equity to generate profits. Overall, the balance sheet reflects financial stability with manageable debt levels.

Cash Flow

Space Market, Inc. has shown strong free cash flow growth of 105.6% from 2023 to 2024, indicating improved cash generation capabilities. The operating cash flow to net income ratio is favorable at 2.1, suggesting efficient conversion of income to cash. The free cash flow to net income ratio is also strong at 1.98, reflecting robust cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.06B	1.97B	1.56B	1.23B	1.23B	804.63M
Gross Profit	1.60B	1.53B	1.24B	907.64M	887.11M	555.63M
EBITDA	295.84M	248.28M	-133.42M	-56.81M	97.63M	-119.82M
Net Income	221.55M	181.64M	-168.41M	-114.93M	38.61M	-147.03M
Balance Sheet
Total Assets	2.88B	2.53B	2.05B	1.70B	1.70B	1.35B
Cash, Cash Equivalents and Short-Term Investments	1.42B	911.33M	558.14M	445.00M	571.51M	776.34M
Total Debt	708.28M	231.75M	178.85M	191.90M	79.49M	140.80M
Total Liabilities	2.03B	1.77B	1.49B	998.77M	898.38M	606.45M
Stockholders Equity	851.10M	762.70M	551.93M	698.35M	800.71M	748.41M
Cash Flow
Free Cash Flow	0.00	359.00M	174.55M	-202.44M	-33.13M	-151.16M
Operating Cash Flow	0.00	381.55M	215.12M	-159.19M	85.87M	-111.14M
Investing Cash Flow	0.00	-84.57M	-89.48M	-82.88M	-224.97M	-36.96M
Financing Cash Flow	0.00	56.21M	-12.50M	115.57M	-65.73M	108.50M

Space Market, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 368.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4487, the sentiment is Negative. The current price of 368 is below the 20-day moving average (MA) of 388.35, below the 50-day MA of 400.48, and above the 200-day MA of 338.58, indicating a neutral trend. The MACD of -9.74 indicates Positive momentum. The RSI at 34.64 is Neutral, neither overbought nor oversold. The STOCH value of 6.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4487.

Space Market, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3238	72 Outperform	4.19B	8.47	4.85%	3.23%	8.47%	-10.91%
3521	71 Outperform	4.13B	21.53	3.89%	3.16%	5.96%	34.24%
4445	65 Neutral	5.14B	19.05	7.36%	―	-0.89%	36.48%
4487	63 Neutral	¥4.45B	18.74		―	25.10%	―
8944	54 Neutral	4.98B	-2.29	-12.72%	2.39%	100.98%	-382.93%
3237	47 Neutral	4.32B	-9.39	-58.77%	―	-32.07%	-90.17%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%