Park24 Co (4666) AI Stock Analysis

• Market Cap: $299.86B
• Dividend Yield: 1.63%
• Average Volume (3M): 993.09K
• Price to Earnings (P/E): 21.5
• Beta (1Y): 0.55
• Revenue Growth: 10.53%
• EPS Growth: -17.65%
• Country: JP
• Employees: 5,502
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 29.15
• Shares Outstanding: 171,048,370
• 10 Day Avg. Volume: 786,680
• 30 Day Avg. Volume: 993,086
• PEG Ratio: 2.85
• Price to Book (P/B): 4.17
• Price to Sales (P/S): 0.88
• P/FCF Ratio: 15.05
• Enterprise Value/Market Cap: 1.53
• Enterprise Value/Revenue: 1.18
• Enterprise Value/Gross Profit: 4.39
• Enterprise Value/Ebitda: 6.73
• 1Y Price Target: $2,813.77
• Price Target Upside: 52.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ¥1,824.00 ▼(-1.19% Downside)

Park24 Co's strong financial performance is the most significant factor, showcasing robust revenue growth and efficient cash flow management. However, technical analysis indicates bearish momentum, which is a concern. The valuation is moderate, providing some balance to the overall assessment.

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 generates revenue primarily through its parking services, which include hourly and monthly parking fees from its extensive network of parking facilities across urban areas. The company also earns money from its automated parking systems and technology solutions, which are marketed to both public and private entities looking to optimize their parking operations. Additionally, Park24's car-sharing services contribute to its revenue, allowing users to rent vehicles on a short-term basis, thus tapping into the growing trend of shared mobility. Strategic partnerships with local governments and businesses enhance its offerings and expand its market reach, further solidifying its position in the industry.

Park24 Co Financial Statement Overview

Summary

Park24 Co presents a robust financial profile with strong revenue growth, healthy profitability, and efficient cash flow management. The company has a solid capital structure and has demonstrated resilience and potential for future growth within its sector.

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	388.43B	370.91B	330.12B	290.25B	251.10B	268.90B
Gross Profit	104.13B	102.07B	89.63B	70.59B	40.69B	36.35B
EBITDA	67.92B	71.13B	61.06B	49.43B	28.38B	-7.51B
Net Income	14.60B	18.63B	17.54B	2.48B	-11.66B	-46.88B
Balance Sheet
Total Assets	306.38B	295.70B	308.16B	307.63B	319.63B	295.77B
Cash, Cash Equivalents and Short-Term Investments	50.02B	55.88B	73.96B	85.78B	92.04B	55.54B
Total Debt	142.93B	143.98B	170.72B	194.91B	228.29B	205.97B
Total Liabilities	220.64B	217.56B	249.74B	267.58B	303.19B	264.63B
Stockholders Equity	85.74B	78.14B	58.42B	40.04B	16.43B	31.14B
Cash Flow
Free Cash Flow	22.84B	21.66B	21.76B	13.33B	20.23B	19.73B
Operating Cash Flow	55.77B	54.18B	48.19B	29.37B	34.82B	39.40B
Investing Cash Flow	-42.58B	-37.56B	-25.66B	-17.36B	-12.35B	-21.82B
Financing Cash Flow	-29.53B	-42.51B	-35.63B	-20.12B	13.17B	12.89B

Park24 Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1846.00
• 50DMA: Positive
• 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:4666, the sentiment is Positive. The current price of 1846 is above the 20-day moving average (MA) of 1793.60, above the 50-day MA of 1800.36, and below the 200-day MA of 1902.27, indicating a neutral trend. The MACD of 16.02 indicates Negative momentum. The RSI at 57.66 is Neutral, neither overbought nor oversold. The STOCH value of 70.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4666.

Park24 Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9044	78 Outperform	¥314.01B	12.99	―	1.71%	6.55%	-12.49%
2353	76 Outperform	€92.38B	18.81	29.70%	2.97%	10.32%	-6.40%
9003	72 Outperform	¥262.93B	13.04	―	2.42%	-1.88%	-9.94%
9068	72 Outperform	¥138.35B	13.40	―	2.46%	1.92%	-6.02%
9048	66 Neutral	¥311.59B	11.34	―	2.37%	6.13%	-23.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4666	63 Neutral	$299.86B	21.54	16.74%	1.63%	10.53%	-17.65%

Park24 Co Corporate Events

Park24 Co. Reports Growth in Times PARKING Sales and Expansion

In October, Park24 Co. reported a 109.9% year-over-year increase in sales for its Times PARKING service, with an expansion of 210 new sites and 9,454 spaces compared to the previous month. The company’s international operations showed steady occupancy rates in the UK and increasing rates in Australia, indicating a positive trend in its global market positioning.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Co. Secures 45 Billion Yen for Growth Initiatives

Park24 Co., Ltd. has announced a new financing initiative through borrowing, as resolved by its Board of Directors. This funding, amounting to 45 billion yen, will support the company’s growth initiatives under its FY2027 Medium-term Management Plan, including network expansion and service enhancement. The borrowings, which include both long-term and short-term facilities, are expected to have an immaterial impact on the company’s consolidated results for the fiscal year ending October 31, 2026.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Co. Acquires Full Ownership of UK Subsidiary

Park24 Co., Ltd. announced the acquisition of the remaining 49% shares of MEIF II CP Holdings 2 Limited from the Development Bank of Japan, making it a wholly owned subsidiary. This strategic move consolidates Park24’s control over its UK operations, potentially strengthening its market position in the parking industry without impacting its consolidated income statement.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Co Sees Growth in Parking Business Amidst Mixed Mobility Performance

Park24 Co reported a positive trend in its Times PARKING business, with a year-on-year sales increase of 111% in September and an expansion of 114 new sites and 5,819 spaces compared to the previous month. The company’s international parking business showed stable occupancy rates in the U.K. and gradual increases in Australia, while its mobility business saw a rise in membership and vehicle numbers, although usage fee sales per vehicle remained sluggish.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Co. Announces Strategic Company Split to Enhance Parking Business

Park24 Co., Ltd. announced a company split, transferring its international parking business to its wholly-owned subsidiary, TIMES24 Co., Ltd., effective November 1, 2025. This strategic move is intended to accelerate the development of localized parking solutions and strengthen synergies within the group, while also enhancing internal controls to prevent past reporting inaccuracies.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2095.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

Park24 Reports Mixed Financial Results for First Nine Months of FY2025

Park24 Co., Ltd. reported its financial results for the first nine months of the fiscal year ending October 31, 2025, showing a 9.5% increase in net sales compared to the previous year. However, the company experienced declines in operating profit, recurring profit, and profit attributable to owners of the parent, with the latter dropping by 32.1%. The company maintained its dividend forecast for the fiscal year, projecting an annual dividend of 30 yen per share. Despite the mixed financial performance, Park24’s equity ratio improved to 29.6%, indicating a stronger financial position.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2095.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.