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Asahipen Corporation (JP:4623)
:4623
Japanese Market

Asahipen Corporation (4623) AI Stock Analysis

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JP

Asahipen Corporation

(4623)

Rating:66Neutral
Price Target:
¥1,861.00
▲(7.88%Upside)
Asahipen Corporation's stock score is primarily driven by its strong financial performance and attractive valuation. While the company shows solid financial stability and efficient operations, technical analysis indicates bearish trends, which dampens the overall score. The absence of earnings call and corporate events data limits further insight into future prospects.

Asahipen Corporation (4623) vs. iShares MSCI Japan ETF (EWJ)

Asahipen Corporation Business Overview & Revenue Model

Company DescriptionAsahipen Corporation manufactures, imports, and sells various paints and painting supplies, and household supplies in Japan. The company offers aqueous, oil, and spray paints, as well as paint auxiliary materials; painting supplies, including brushes, rollers, kotebakes, roller trays, painting machines/compressors, painting aids, curing supplies, containers, and polishing supplies; repair materials for cover, floor, joints, metal products, wood parts, base adjustment, and concrete; and repair tape and pale bucket, as well as insulation and waterproofing materials for roofs. It also provides interior goods, such as shoji paper, bran paper, cover paper, adhesive sheets, glass decoration and condensation products, floor material, glue and double-sided tapes, repair maintenance materials, and various tools; home care products comprising, floor waxes, cleaning agents, bleaching and fungicides, home detergent and cleaners, kitchen detergents and hygiene management supplies, waterproof/water repellents, graffiti droppings, polishing/removers, and lubricants; and gardening supplies. The company was formerly known as Asahi Paint Company and changed its name to Asahipen Corporation in January 1965. Asahipen Corporation was founded in 1940 and is headquartered in Osaka, Japan.
How the Company Makes MoneyAsahipen Corporation generates revenue through the sale of its diverse range of paint and coating products. The company's key revenue streams include direct sales to retailers and wholesalers, who in turn supply these products to end consumers and contractors. Additionally, Asahipen engages in direct sales to large construction and industrial clients who require specialized coatings for various applications. Its earnings are bolstered by continuous product innovation and a strong distribution network that ensures widespread availability across Japan. Collaborations with hardware stores and home improvement centers further enhance Asahipen's market reach and sales potential.

Asahipen Corporation Financial Statement Overview

Summary
Asahipen Corporation demonstrates stable financial health with steady revenue growth and solid profitability margins. The balance sheet is strong, with manageable debt levels, enabling resilience in the specialty chemicals market. Cash flow management shows areas for improvement, as recent figures suggest inconsistencies. Overall, the company is on a sound footing but should focus on enhancing cash flow predictability.
Income Statement
75
Positive
Asahipen Corporation shows a stable income statement with a recent TTM revenue of ¥17.44 billion, reflecting a slight growth from the previous year. The gross profit margin is healthy, suggesting efficient production processes. However, there is a noticeable decline in net income from 2023 to 2024 TTM, impacting the net profit margin. EBIT and EBITDA margins are consistent, indicating stable operational efficiency.
Balance Sheet
80
Positive
The company maintains a strong balance sheet with a robust equity base, contributing to a favorable equity ratio. The debt-to-equity ratio is manageable, indicating prudent financial leverage. Return on equity has decreased slightly due to lower net income, but remains respectable. The balance sheet reflects financial stability and controlled liabilities.
Cash Flow
60
Neutral
Cash flow statements highlight a mixed performance. While operating cash flow is inconsistent, the company manages to maintain a positive free cash flow over the years. However, the lack of data for 2024 TTM cash flows presents challenges in assessing the current cash flow efficiency. Historical free cash flow growth and operating cash flow have fluctuated, indicating potential liquidity management issues.
Breakdown
TTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
17.44B17.11B17.13B14.22B15.85B13.76B
Gross Profit
5.35B5.31B5.36B5.14B5.61B4.75B
EBIT
858.67M844.45M791.65M904.89M1.02B644.00M
EBITDA
1.24B1.26B1.58B1.31B1.04B868.00M
Net Income Common Stockholders
481.80M380.49M653.66M1.00B633.30M525.00M
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.25B3.91B4.11B4.59B3.65B200.52M
Total Assets
22.41B21.57B21.52B19.73B19.67B18.58B
Total Debt
4.05B3.96B4.15B2.87B2.89B2.83B
Net Debt
798.00M55.67M41.76M-1.52B-656.74M-1.05B
Total Liabilities
8.21B7.87B7.99B6.48B6.73B6.30B
Stockholders Equity
14.21B13.70B13.53B13.25B12.94B12.28B
Cash FlowFree Cash Flow
0.00521.36M6.31M1.06B293.06M62.00M
Operating Cash Flow
0.00841.25M350.67M1.26B1.42B992.00M
Investing Cash Flow
0.00-316.09M-1.41B135.46M-1.06B-925.00M
Financing Cash Flow
0.00-733.39M772.60M-569.83M-699.47M-537.00M

Asahipen Corporation Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1725.00
Price Trends
50DMA
1737.19
Negative
100DMA
1761.85
Negative
200DMA
1732.89
Negative
Market Momentum
MACD
-4.08
Negative
RSI
45.72
Neutral
STOCH
20.87
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4623, the sentiment is Negative. The current price of 1725 is below the 20-day moving average (MA) of 1731.45, below the 50-day MA of 1737.19, and below the 200-day MA of 1732.89, indicating a bearish trend. The MACD of -4.08 indicates Negative momentum. The RSI at 45.72 is Neutral, neither overbought nor oversold. The STOCH value of 20.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4623.

Asahipen Corporation Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
¥3.28B14.39
2.75%1.87%-4.33%
66
Neutral
¥6.54B9.06
3.48%0.26%80.37%
51
Neutral
$2.02B-1.14-21.37%3.64%2.88%-30.57%
75
Outperform
¥4.93B11.37
1.53%2.02%5.55%
66
Neutral
¥1.64B13.47
1.82%-5.33%-40.81%
47
Neutral
¥4.49B20.50
9.52%88.23%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4623
Asahipen Corporation
1,725.00
-41.24
-2.33%
NATOF
Natoco Co
JP:4615
Shinto Paint Co., Ltd.
131.00
3.00
2.34%
JP:4616
Kawakami Paint Manufacturing Co., Ltd.
1,644.00
-11.78
-0.71%
JP:4624
Isamu Paint Co., Ltd.
3,275.00
-101.66
-3.01%
JP:4625
Atomix Co., Ltd.
619.00
-40.56
-6.15%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.