CanBas Co., Ltd. (4575) AI Stock Analysis

• Market Cap: ¥16.18B
• Dividend Yield: N/A
• Average Volume (3M): 268.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: N/A
• EPS Growth: 14.03%
• Country: JP
• Employees: 11
• Sector: Healthcare
• Sector Strength: 45
• Industry: Biotechnology
• EPS (TTM): -17.69
• Shares Outstanding: 19,713,655
• 10 Day Avg. Volume: 208,910
• 30 Day Avg. Volume: 268,476
• PEG Ratio: 1.96
• Price to Book (P/B): 7.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -29.34
• 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: 32 Underperform
• Price Target: ―

CanBas Co., Ltd. is facing substantial financial difficulties due to its inability to generate revenue, leading to negative profitability metrics. The technical indicators suggest a bearish trend, and the valuation metrics are unattractive, with a negative P/E ratio and no dividend yield. The strong balance sheet with no debt is a positive, but it does not outweigh the significant operational challenges.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet provides financial stability and flexibility, allowing the company to invest in R&D without the burden of interest payments.

Proprietary Technologies

Proprietary technologies in oncology can lead to breakthrough therapies, providing a competitive edge and potential for significant market impact.

Strategic Partnerships

Partnerships with larger firms can enhance market access and provide financial support, crucial for scaling operations and accelerating drug development.

Negative Factors

Lack of Revenue Generation

The absence of revenue generation limits growth potential and sustainability, posing a significant risk to long-term viability and operational success.

Negative Cash Flows

Sustained negative cash flows indicate operational inefficiencies and reliance on external financing, which can hinder long-term financial health.

Operational Inefficiencies

Persistent operational inefficiencies reduce profitability and competitiveness, requiring strategic improvements to enhance financial performance.

CanBas Co., Ltd. Business Overview & Revenue Model

Company Description

CanBas Co., Ltd. (4575) is a biotechnology company based in Japan, primarily focused on the research and development of novel pharmaceuticals. The company is engaged in the discovery and development of small molecule cancer therapeutics, leveraging its proprietary technologies to address unmet medical needs in oncology. CanBas Co., Ltd. aims to advance innovative therapies that can significantly improve patient outcomes, making it a significant player in the pharmaceutical and biotechnology sectors.

How the Company Makes Money

CanBas Co., Ltd. generates revenue primarily through the successful development and commercialization of its pharmaceutical products and technologies. The company invests in research and development to create proprietary drugs, which it can then license to larger pharmaceutical companies or bring to market itself. Revenue streams include milestone payments from licensing agreements, royalties from drug sales, and potentially direct sales of its pharmaceutical products. Additionally, strategic partnerships and collaborations with other biotech or pharmaceutical firms play a crucial role in its revenue model, providing both financial support and access to broader markets for its developed therapies.

CanBas Co., Ltd. Financial Statement Overview

Summary

CanBas Co., Ltd. faces significant challenges with no revenue or profit generation, heavily relying on equity financing. The absence of revenue growth and negative cash flows from operations are critical concerns, despite a strong balance sheet without debt.

Income Statement

CanBas Co., Ltd. shows a significant decline in financial performance with zero revenue over recent periods, leading to negative gross profit and net income. The company's inability to generate revenue is a major concern, with continuous negative EBIT and EBITDA margins indicating operational inefficiencies.

Balance Sheet

The balance sheet reflects a strong equity position and no debt, which is a positive sign of financial stability. However, the lack of revenue generation limits the company's growth potential, and the high equity ratio indicates reliance on shareholder equity without leveraging debt.

Cash Flow

Cash flow statements reveal negative operating and free cash flows, highlighting challenges in generating cash from operations. The company's cash position is strong due to financing activities, but sustainable cash generation from operations is missing, posing a long-term risk.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	108.94M
Gross Profit	0.00	0.00	-984.00M	-671.00M	-608.00M	-322.00M
EBITDA	-831.00M	0.00	53.65M	-1.28B	-848.65M	-522.28M
Net Income	-1.16B	-1.16B	-1.21B	-1.24B	-855.58M	-531.03M
Balance Sheet
Total Assets	3.05B	3.05B	2.43B	2.09B	790.71M	1.30B
Cash, Cash Equivalents and Short-Term Investments	2.83B	2.83B	1.89B	1.62B	737.77M	1.15B
Total Debt	0.00	0.00	0.00	0.00	367.34M	749.99M
Total Liabilities	107.00M	107.00M	91.99M	153.85M	540.02M	857.64M
Stockholders Equity	2.94B	2.94B	2.34B	1.93B	250.69M	437.97M
Cash Flow
Free Cash Flow	0.00	-771.45M	-1.28B	-1.40B	-719.81M	-688.57M
Operating Cash Flow	0.00	-771.45M	-1.28B	-1.40B	-719.81M	-688.57M
Investing Cash Flow	0.00	122.00K	0.00	0.00	182.00K	0.00
Financing Cash Flow	0.00	1.75B	1.54B	2.27B	282.75M	728.80M

CanBas Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 821.00
• 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:4575, the sentiment is Neutral. The current price of 821 is above the 20-day moving average (MA) of 812.60, below the 50-day MA of 959.92, and below the 200-day MA of 1023.01, indicating a neutral trend. The MACD of -37.55 indicates Negative momentum. The RSI at 42.92 is Neutral, neither overbought nor oversold. The STOCH value of 78.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4575.

CanBas Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7774	58 Neutral	¥19.66B	―	―	―	-5.65%	-469.19%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
4889	51 Neutral	¥24.48B	706.22	―	―	-32.68%	―
4599	47 Neutral	¥16.96B	-8.77	―	―	―	5.58%
7776	43 Neutral	¥15.15B	-14.61	―	―	-42.49%	-2.37%
4593	39 Underperform	¥54.84B	―	―	―	-82.33%	47.73%
4575	32 Underperform	¥16.18B	―	―	―	―	14.03%