Park24 Co (4666) AI Stock Analysis

• Market Cap: $310.35B
• Dividend Yield: 0.27%
• Average Volume (3M): 763.07K
• Price to Earnings (P/E): 16.6
• Beta (1Y): 0.58
• Revenue Growth: 12.91%
• EPS Growth: -3.97%
• Country: JP
• Employees: 5,502
• Sector: Industrials
• Sector Strength: 84
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 11.59
• Shares Outstanding: 171,048,370
• 10 Day Avg. Volume: 705,900
• 30 Day Avg. Volume: 763,073
• PEG Ratio: -1.09
• Price to Book (P/B): 8.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 24.22
• 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: $2,888.66
• Price Target Upside: 60.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: ¥2,106.00 ▲(16.68%Upside)

Park24 Co's strong financial performance is the primary driver of its overall score, showcasing robust revenue growth, profitability, and cash flow generation. Technical analysis indicates a cautious outlook due to bearish momentum, tempered by potential oversold conditions. Valuation is fair, with the P/E ratio and dividend yield indicating a balanced risk-reward profile. The absence of recent earnings call insights or significant corporate events limits additional context.

Park24 Co Business Overview & Revenue Model

Company Description

PARK24 Co., Ltd. operates and manages parking facilities in Japan and Internationally. The company operates through Parking Business Japan, Parking Business Overseas, and Mobility Business segments. Its services include hourly parking facilities; reserved parking and monthly parking services; parking facilities for non-passenger vehicles, such as large vehicles, motorcycles, and bicycles; and overseas parking facilities, including patrolled parking facilities, and pay and display parking services. The company also provides Times CAR RENTAL, a rent-a-car service; Times CAR, a membership based unattended rent-a-car service; Times Club membership service for drivers and Times Business service for corporate customers; The Times PAY, a payment service to the service industry, such as restaurants and retail outlets; membership-based road service; and insurance agency services comprising insurance consultation and financial planning services. PARK24 Co., Ltd. was founded in 1971 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Park24 Co., Ltd. generates revenue primarily through its parking business, which involves the operation and management of a vast network of parking facilities. Customers pay fees for using these parking spaces, which can be short-term or long-term, depending on their needs. Additionally, the company earns income through its mobility services, which include car sharing and car rental offerings. These services provide users with flexible transportation options, contributing to the company's overall revenue. Strategic partnerships with municipalities and real estate developers to manage parking facilities and integrate mobility solutions also play a significant role in Park24's earnings.

Park24 Co Financial Statement Overview

Summary

Park24 Co presents a robust financial profile with marked improvements in revenue, profitability, and cash flow generation. The company's strategic management of debt and equity has strengthened its balance sheet, while consistent revenue growth and efficient cash flow management highlight its resilience and potential for future growth. The financial health of Park24 Co is well-positioned within the industrial infrastructure operations sector, with a solid foundation for sustaining its upward trajectory.

Income Statement

Park24 Co has demonstrated strong revenue growth, with a TTM revenue of 381.45 billion JPY, reflecting a growth rate of 2.84% compared to the previous year. The gross profit margin stands at 27.40%, and the net profit margin is 4.91%, indicating healthy profitability. EBIT and EBITDA margins are also robust at 10.33% and 19.08%, respectively. The company has recovered well from past losses, showcasing a positive growth trajectory and stable profitability.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 1.72, suggesting manageable leverage. The equity ratio is 28.29%, indicating a solid capital structure. Return on Equity (ROE) of 22.36% highlights efficient use of equity. Despite a decrease in total assets, the company's equity position has strengthened over time, pointing to improved financial stability.

Cash Flow

Park24 Co's cash flow analysis shows strong operational cash generation, with an operating cash flow to net income ratio of 3.19, indicating efficient cash management. The free cash flow to net income ratio is 1.44, reflecting a substantial portion of earnings converted to free cash flow. The free cash flow growth rate of 24.23% over the past year underscores the company's ability to generate increasing cash flows, supporting future growth initiatives.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
381.45B	370.91B	330.12B	290.25B	251.10B	268.90B
	Gross Profit
104.52B	102.07B	89.63B	70.59B	40.69B	36.35B
	EBIT
39.40B	38.70B	31.99B	20.67B	-7.55B	-12.54B
	EBITDA
72.78B	71.13B	61.06B	49.43B	28.38B	-7.51B
	Net Income Common Stockholders
18.71B	18.63B	17.54B	2.48B	-11.66B	-46.88B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
46.55B	55.88B	73.96B	90.19B	92.04B	55.54B
	Total Assets
295.76B	295.70B	308.16B	307.63B	319.63B	295.77B
	Total Debt
143.61B	143.98B	170.72B	196.05B	229.49B	205.97B
	Net Debt
97.06B	95.25B	96.77B	110.27B	137.44B	150.43B
	Total Liabilities
212.07B	217.56B	249.74B	267.58B	303.19B	264.63B
	Stockholders Equity
83.69B	78.14B	58.42B	40.04B	16.43B	31.14B
Cash Flow		Free Cash Flow
26.90B	21.66B	21.76B	13.33B	20.23B	19.73B
	Operating Cash Flow
59.73B	54.18B	48.19B	29.37B	34.82B	39.40B
	Investing Cash Flow
-40.60B	-37.56B	-25.66B	-17.36B	-12.35B	-21.82B
	Financing Cash Flow
-43.28B	-42.51B	-35.63B	-20.12B	13.17B	12.89B

Park24 Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1805.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4666, the sentiment is Negative. The current price of 1805 is below the 20-day moving average (MA) of 1876.60, below the 50-day MA of 1941.13, and below the 200-day MA of 1930.69, indicating a bearish trend. The MACD of -43.73 indicates Positive momentum. The RSI at 32.45 is Neutral, neither overbought nor oversold. The STOCH value of 23.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4666.

Park24 Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9068	79 Outperform	¥144.23B	14.47		2.53%	3.12%	2.17%
4666	72 Outperform	$310.35B	16.59	25.23%	0.27%	12.91%	-3.97%
Sector *	66 Neutral	$4.44B	12.08	5.34%	5.82%	4.17%	-11.81%
3SY		€491.51M	13.95	33.42%	2.25%	―	―
9003	73 Outperform	¥216.78B	9.67		2.71%	8.20%	39.43%
9044	66 Neutral	¥243.04B	10.80		2.10%	7.94%	-5.97%
9048	65 Neutral	¥315.52B	8.35		2.34%	14.91%	54.78%

Park24 Co Corporate Events

Park24 Co. Secures Extension for Semi-Annual Report Submission

Park24 Co., Ltd. has received approval to extend the due date for submitting its semi-annual report for the fiscal year ending October 31, 2025, from June 16, 2025, to July 16, 2025. This extension allows the company to complete necessary internal investigations and auditing procedures, ensuring accurate financial reporting. The company plans to disclose its Consolidated Financial Report for the first six months of the fiscal year by the new deadline, maintaining transparency with stakeholders.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Co. Seeks Extension for Semi-Annual Report Submission Due to Reporting Inaccuracies

Park24 Co., Ltd. has announced its decision to apply for an extension of the due date for submitting its semi-annual report for the fiscal year ending October 31, 2025. This decision follows the discovery of serious inaccuracies in the reported numbers of active parking sites and spaces in the UK, which have affected the overall figures for all overseas regions. An internal investigation committee has been established to address these inaccuracies, and the company anticipates needing more time to complete the necessary investigations and corrections, as well as to receive an interim review report from its auditing firm.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Postpones Financial Results Due to Data Inaccuracies

Park24 Co., Ltd. has announced the postponement of its financial results for the first half of FY2025 and is considering an extension for submitting its semi-annual report. This decision follows the discovery of inaccuracies in previously reported data on parking sites and spaces in the UK, which impacts the company’s financial statements and goodwill valuation. An internal investigation committee has been established to address these issues, and the company plans to disclose further details once the investigation concludes.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Co. Reports Growth in Parking and Mobility Sectors

Park24 Co. reported a positive trend in its parking business with a 109.8% year-over-year increase in sales for Times PARKING in April. The company expanded its parking sites and spaces, adding 300 new sites and 17,713 spaces, while cancelling 67 sites and 3,680 spaces. The mobility business also saw growth, with an increase in Times CAR vehicles and membership. Internationally, the U.K. maintained steady parking occupancy rates, whereas Australia experienced a decline due to a cyclone. These developments indicate Park24’s strategic expansion and resilience in the face of environmental challenges, potentially strengthening its market position.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Co. Secures Financing to Support Growth and Service Evolution

Park24 Co., Ltd. has announced a decision to finance through borrowing to support its growth and service evolution under its 2035 vision. The company plans to secure a total of 35 billion yen from various financial institutions, with borrowing dates set for September and October 2025. This move is part of their strategy to manage financial events anticipated in their FY2027 Medium-term Management Plan, considering uncertain interest rate trends. The impact on the company’s consolidated results is expected to be minor.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Co. Reports Strong Growth in Parking and Mobility Sectors

In March, Park24 Co. reported a 108.6% year-over-year increase in sales for its Times PARKING division, with a net addition of 93 sites and 7,701 spaces. The mobility business also saw growth, with an increase in Times CAR vehicles and membership, indicating a robust expansion in both parking and mobility sectors.

Park24 Co. Dissolves Pension Fund for UK Subsidiary, Reports Extraordinary Loss

Park24 Co., Ltd. has announced the dissolution of the defined benefit corporate pension fund for its UK subsidiary, National Car Parks Limited. This decision eliminates uncertainties related to pension asset management risks and results in an extraordinary loss of 3,194 million yen in the company’s financial statement for the fiscal year ending October 31, 2025. The dissolution is expected to stabilize the company’s financial standing without impacting total net assets.