Commerce One Holdings, Inc. (4496) AI Stock Analysis

• Market Cap: ¥5.50B
• Dividend Yield: 2.5%
• Average Volume (3M): 2.42K
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.46
• Revenue Growth: 4.29%
• EPS Growth: -42.71%
• Country: JP
• Employees: 176
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 15.86
• Shares Outstanding: 7,193,400
• 10 Day Avg. Volume: 2,150
• 30 Day Avg. Volume: 2,423
• PEG Ratio: -0.85
• Price to Book (P/B): 2.40
• Price to Sales (P/S): 1.64
• P/FCF Ratio: 12.65
• 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: 71 Outperform
• Price Target: ¥848.00 ▲(8.72% Upside)
• Action: Upgraded Date: 03/24/26
• Date: Action: Upgraded 03/24/26

The score is driven primarily by solid financial stability (low leverage) and strong recent revenue growth, tempered by a sharp FY2025 decline in net profitability and returns. Technical signals are currently weak (below major moving averages and negative MACD), while reasonable valuation and a ~2.6% dividend yield provide support.

Positive Factors

Low Leverage / Balance Sheet Strength

Extremely low debt-to-equity (~0.028) and sizable equity provide durable financial flexibility. This reduces refinancing and interest burden risk, supports capex or M&A optionality, and preserves capacity to sustain operations and distributions through multi‑quarter shocks.

Negative Factors

Sharp Decline in Net Profitability

A collapse in net margin from ~11.7% to ~2.5% materially reduces earnings power and free cash conversion. Unless reversible, this pressure can persistently lower returns, constrain reinvestment capacity, and weaken the company’s ability to fund growth or distributions over multiple quarters.

Commerce One Holdings, Inc. Business Overview & Revenue Model

Company Description

Commerce One Holdings Inc. provides solutions for e-commerce business operators to start and operate their businesses. The company provides e-commerce site construction and operation services; sales management and inventory management system for t...

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Commerce One Holdings Inc. provides solutions for e-commerce business operators to start and operate their businesses. The company provides e-commerce site construction and operation services; sales management and inventory management system for t...

Commerce One Holdings, Inc. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.87B	3.69B	3.56B	3.20B	2.94B	2.52B
Gross Profit	2.16B	2.10B	2.02B	1.80B	1.70B	1.47B
EBITDA	603.71M	767.72M	794.44M	699.02M	752.18M	638.56M
Net Income	231.60M	91.59M	414.86M	441.36M	495.98M	393.33M
Balance Sheet
Total Assets	3.61B	3.47B	3.88B	3.51B	3.11B	2.59B
Cash, Cash Equivalents and Short-Term Investments	1.71B	1.86B	1.73B	1.61B	1.64B	1.23B
Total Debt	61.63M	70.62M	53.92M	57.54M	14.15M	17.76M
Total Liabilities	952.45M	948.30M	1.04B	889.59M	822.17M	780.93M
Stockholders Equity	2.65B	2.52B	2.84B	2.62B	2.29B	1.81B
Cash Flow
Free Cash Flow	417.67M	479.30M	775.37M	156.29M	514.26M	463.77M
Operating Cash Flow	426.50M	532.78M	778.61M	163.97M	515.51M	466.62M
Investing Cash Flow	-132.75M	-182.39M	-367.76M	-56.40M	-111.19M	-102.05M
Financing Cash Flow	-223.67M	-213.37M	-307.41M	-142.77M	-3.68M	92.84M

Commerce One Holdings, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 780.00
• 50DMA: Negative
• 100DMA: Negative
• 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:4496, the sentiment is Negative. The current price of 780 is above the 20-day moving average (MA) of 759.35, above the 50-day MA of 767.67, and below the 200-day MA of 782.13, indicating a bearish trend. The MACD of -2.36 indicates Negative momentum. The RSI at 44.16 is Neutral, neither overbought nor oversold. The STOCH value of 63.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4496.

Commerce One Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4374	74 Outperform	¥9.05B	20.41	―	0.47%	19.35%	71.74%
4496	71 Outperform	¥5.50B	12.30	―	2.50%	4.29%	-42.71%
3623	71 Outperform	¥6.87B	15.28	―	1.18%	6.95%	-9.62%
4431	71 Outperform	¥44.70B	20.49	―	0.52%	26.98%	19.69%
3633	65 Neutral	¥10.05B	13.23	―	2.16%	2.75%	25.24%
3769	64 Neutral	¥651.79B	35.93	20.54%	1.47%	11.81%	16.69%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%