Asahipen Corporation (4623) AI Stock Analysis

• Market Cap: ¥6.51B
• Dividend Yield: 3.49%
• Average Volume (3M): 880.00
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.16
• Revenue Growth: 0.26%
• EPS Growth: 80.37%
• Country: JP
• Employees: 259
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Chemicals - Specialty
• EPS (TTM): 6.74
• Shares Outstanding: 4,500,000
• 10 Day Avg. Volume: 590
• 30 Day Avg. Volume: 880
• PEG Ratio: -1.66
• Price to Book (P/B): 0.48
• 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: 66 Neutral
• Price Target: ¥1,861.00 ▲(8.20%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 Business Overview & Revenue Model

Company Description

Asahipen Corporation, a prominent entity in the paint and coatings industry, specializes in the development, manufacturing, and distribution of a wide variety of painting products. Catering primarily to the Japanese market, the company offers a comprehensive range of paints, coatings, and related products for residential, commercial, and industrial applications. Asahipen is known for its commitment to quality, innovation, and sustainability in product development, serving both professional and DIY markets.

How the Company Makes Money

Asahipen 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

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

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

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
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
17.44B	17.11B	17.13B	14.22B	15.85B	13.76B
	Gross Profit
5.35B	5.31B	5.36B	5.14B	5.61B	4.75B
	EBIT
858.67M	844.45M	791.65M	904.89M	1.02B	644.00M
	EBITDA
1.24B	1.26B	1.58B	1.31B	1.04B	868.00M
	Net Income Common Stockholders
481.80M	380.49M	653.66M	1.00B	633.30M	525.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.25B	3.91B	4.11B	4.59B	3.65B	200.52M
	Total Assets
22.41B	21.57B	21.52B	19.73B	19.67B	18.58B
	Total Debt
4.05B	3.96B	4.15B	2.87B	2.89B	2.83B
	Net Debt
798.00M	55.67M	41.76M	-1.52B	-656.74M	-1.05B
	Total Liabilities
8.21B	7.87B	7.99B	6.48B	6.73B	6.30B
	Stockholders Equity
14.21B	13.70B	13.53B	13.25B	12.94B	12.28B
Cash Flow		Free Cash Flow
0.00	521.36M	6.31M	1.06B	293.06M	62.00M
	Operating Cash Flow
0.00	841.25M	350.67M	1.26B	1.42B	992.00M
	Investing Cash Flow
0.00	-316.09M	-1.41B	135.46M	-1.06B	-925.00M
	Financing Cash Flow
0.00	-733.39M	772.60M	-569.83M	-699.47M	-537.00M

Asahipen Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1720.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 1720 is below the 20-day moving average (MA) of 1728.20, below the 50-day MA of 1733.58, and below the 200-day MA of 1733.21, indicating a bearish trend. The MACD of -4.80 indicates Positive momentum. The RSI at 42.28 is Neutral, neither overbought nor oversold. The STOCH value of 4.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4623.

Asahipen Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4625	78 Outperform	¥3.32B	14.53		2.74%	1.87%	-4.33%
4624	75 Outperform	¥4.91B	11.32		1.54%	2.02%	5.55%
4627	72 Outperform	¥10.36B	10.95		3.79%	6.76%	4.18%
4616	66 Neutral	¥1.69B	13.91		1.77%	-5.33%	-40.81%
4623	66 Neutral	¥6.51B	9.02		3.49%	0.26%	80.37%
Sector *	51 Neutral	$2.04B	-1.15	-21.37%	3.64%	2.88%	-30.57%
4615	45 Neutral	¥4.53B	20.50		―	9.52%	88.23%