SK Kaken Co (4628) AI Stock Analysis

• Market Cap: ¥161.34B
• Dividend Yield: 1.13%
• Average Volume (3M): 2.81K
• Price to Earnings (P/E): 12.5
• Beta (1Y): 0.11
• Revenue Growth: 2.88%
• EPS Growth: 16.60%
• Country: JP
• Employees: 2,299
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 242.56
• Shares Outstanding: 15,673,885
• 10 Day Avg. Volume: 3,660
• 30 Day Avg. Volume: 2,813
• PEG Ratio: -1.19
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 1.12
• P/FCF Ratio: 17.17
• 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: 74 Outperform
• Price Target: ¥10,058.00 ▼(-2.44% Downside)

SK Kaken Co's strong financial performance is the most significant factor, supported by a solid balance sheet and consistent profitability. The technical analysis suggests a neutral to slightly bearish short-term trend, while the valuation indicates the stock is reasonably priced. The absence of earnings call data and corporate events did not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates the company's ability to expand its market reach and product adoption, supporting long-term business stability.

Balance Sheet Health

A strong balance sheet with minimal leverage enhances financial stability and provides flexibility for future investments and growth opportunities.

Profit Margins

Efficient cost management and strong profit margins reflect operational efficiency, supporting sustained profitability and competitive positioning.

Negative Factors

Cash Flow Variability

Fluctuations in cash flow growth can impact the company's ability to consistently fund operations and investments, posing a risk to financial stability.

EPS Decline

A significant decline in EPS growth may indicate challenges in maintaining profitability, affecting investor confidence and long-term earnings potential.

Free Cash Flow Fluctuations

Inconsistent free cash flow can hinder the company's ability to invest in growth opportunities and manage financial obligations effectively.

SK Kaken Co Business Overview & Revenue Model

Company Description

SK Kaken Co., Ltd. (4628) is a Japan-based company engaged primarily in the manufacture and sale of paints and coatings. The company operates through various segments, including architectural coatings, industrial coatings, and specialty coatings. SK Kaken offers a wide range of products, including water-based paints, solvent-based paints, and anti-corrosion coatings, which cater to both domestic and international markets, focusing on quality and innovation in its offerings.

How the Company Makes Money

SK Kaken generates revenue through the sale of its diverse range of paints and coatings across different sectors. Key revenue streams include the sale of architectural coatings for residential and commercial buildings, industrial coatings for manufacturing and machinery, and specialty coatings for unique applications such as anti-corrosion and fire-resistant solutions. The company also benefits from partnerships with construction firms and manufacturers, which provide consistent demand for its products. Additionally, SK Kaken invests in research and development to innovate and improve its product offerings, allowing it to capture market share and drive sales growth in a competitive landscape.

SK Kaken Co Financial Statement Overview

Summary

SK Kaken Co exhibits strong financial performance with consistent revenue and profit growth, a robust balance sheet with minimal leverage, and healthy profit margins. However, variability in free cash flow growth suggests potential volatility.

Income Statement

SK Kaken Co has demonstrated strong revenue growth over the years, with a consistent increase in total revenue from 2021 to 2025. The company exhibits healthy gross and net profit margins, indicating efficient cost management and profitability. EBIT and EBITDA margins are solid, reflecting strong operational efficiency.

Balance Sheet

The balance sheet of SK Kaken Co is robust, with a low debt-to-equity ratio indicating minimal leverage and strong equity standing. The equity ratio is high, showcasing financial stability. Return on equity is impressive, highlighting effective utilization of equity for generating profits.

Cash Flow

SK Kaken Co has maintained positive free cash flow, although growth has been variable. The company exhibits a solid operating cash flow to net income ratio, indicating good cash conversion from earnings. However, fluctuations in free cash flow growth rate suggest potential volatility in cash flow generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	102.02B	106.14B	100.88B	95.58B	88.28B	85.17B
Gross Profit	30.63B	32.02B	30.84B	27.17B	26.92B	26.04B
EBITDA	6.95B	15.48B	17.64B	13.36B	13.46B	11.51B
Net Income	7.42B	10.73B	11.82B	9.03B	8.83B	7.05B
Balance Sheet
Total Assets	189.35B	191.11B	183.08B	169.04B	157.47B	144.63B
Cash, Cash Equivalents and Short-Term Investments	105.18B	108.79B	105.89B	99.50B	110.39B	103.38B
Total Debt	3.00B	3.00B	3.00B	3.00B	3.11B	3.00B
Total Liabilities	26.55B	27.58B	30.47B	28.08B	25.83B	22.41B
Stockholders Equity	162.80B	163.52B	152.61B	140.97B	131.64B	122.22B
Cash Flow
Free Cash Flow	0.00	6.90B	8.51B	6.92B	7.64B	8.86B
Operating Cash Flow	0.00	8.28B	9.18B	7.15B	7.74B	9.55B
Investing Cash Flow	0.00	-12.12B	-9.56B	-20.55B	-9.92B	-1.57B
Financing Cash Flow	0.00	-2.00B	-1.23B	-1.34B	-1.09B	-1.16B

SK Kaken Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10310.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4628, the sentiment is Positive. The current price of 10310 is above the 20-day moving average (MA) of 9974.00, above the 50-day MA of 9455.80, and above the 200-day MA of 8968.81, indicating a bullish trend. The MACD of 276.76 indicates Negative momentum. The RSI at 71.34 is Negative, neither overbought nor oversold. The STOCH value of 61.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4628.

SK Kaken Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4619	75 Outperform	¥50.24B	9.28	―	5.10%	-3.21%	27.18%
4628	74 Outperform	¥161.34B	12.51	6.87%	1.13%	2.88%	16.60%
4611	74 Outperform	¥36.97B	4.58	―	3.76%	14.83%	51.42%
4627	72 Outperform	¥11.73B	10.32	―	3.54%	7.33%	18.98%
4624	66 Neutral	¥5.47B	11.12	―	1.35%	2.67%	37.55%
4620	64 Neutral	¥18.31B	27.64	―	2.92%	-3.46%	-52.24%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

SK Kaken Co Corporate Events

SK Kaken Co., Ltd. Reports Improved Financial Performance for H1 2025

SK Kaken Co., Ltd. reported its consolidated financial results for the six months ended September 30, 2025, showing a slight increase in net sales by 1.6% year-on-year. Despite a decrease in operating profit by 6.2%, the company saw a significant rise in ordinary profit and profit attributable to owners of the parent, indicating improved financial performance. The company also announced a forecast for the fiscal year ending March 31, 2026, with expected growth in net sales and operating profit, reflecting a positive outlook for future operations.