Mandom (4917) AI Stock Analysis

• Market Cap: ¥64.33B
• Dividend Yield: 2.8%
• Average Volume (3M): 130.62K
• Price to Earnings (P/E): 34.4
• Beta (1Y): 0.33
• Revenue Growth: 4.03%
• EPS Growth: -28.60%
• Country: JP
• Employees: 2,672
• Sector: Consumer Defensive
• Sector Strength: 54
• Industry: Household & Personal Products
• EPS (TTM): 0.84
• Shares Outstanding: 48,269,210
• 10 Day Avg. Volume: 120,190
• 30 Day Avg. Volume: 130,616
• PEG Ratio: -1.97
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 19.43
• 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: ¥1,600.59
• Price Target Upside: 12.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ¥1,456.00 ▲(2.61%Upside)

Mandom's strong balance sheet and improving cash flows are the primary strengths, contributing positively to the stock score. Technical analysis presents mixed signals, and the high P/E ratio suggests overvaluation, which tempers the overall score. The dividend yield provides some compensation for the valuation risks.

Mandom Business Overview & Revenue Model

Company Description

Mandom Corporation, listed under the ticker 4917, is a Japanese company primarily engaged in the manufacture and sale of cosmetic products. The company operates in the beauty and personal care sector, with a strong focus on hair care, skin care, and fragrance products. Mandom is widely recognized for its flagship brand 'Gatsby,' which caters primarily to male consumers, alongside other popular brands targeting both men and women.

How the Company Makes Money

Mandom Corporation generates revenue through the sale of its cosmetic and personal care products across various markets, primarily in Asia. The company's revenue streams are largely driven by its well-established brands such as 'Gatsby' and 'Lucido-L.' Mandom sells its products through multiple distribution channels, including retail stores, online platforms, and wholesale distributors. Additionally, the company benefits from strategic partnerships and collaborations that enhance its market presence and product offerings, further contributing to its earnings. Mandom's focus on research and innovation allows it to continuously introduce new and improved products, catering to evolving consumer preferences and trends.

Mandom Financial Statement Overview

Summary

Mandom shows a solid financial foundation with a robust balance sheet and improving cash flows, despite challenges in profitability. The balance sheet demonstrates financial stability with a strong equity base and low leverage, and cash flows are positive, indicating solid cash generation. However, profitability remains a concern due to fluctuating net income.

Income Statement

Mandom has experienced a steady revenue growth over the past years, with a notable recovery after a dip in 2022. The gross profit margin is stable, yet the net profit margin has shown volatility. The EBIT margin has improved from negative territory in 2022 to a modest 1.35% in 2025, indicating improving operational efficiency. However, profitability remains a concern due to fluctuating net income, impacting overall margins.

Balance Sheet

Mandom's balance sheet is robust, with a strong equity base and a low debt-to-equity ratio, reflecting financial stability and low leverage. The company has consistently maintained a high equity ratio, enhancing its resilience against economic fluctuations. Return on equity has improved, indicating efficient use of shareholder funds despite past earnings challenges.

Cash Flow

The company exhibits a strong cash flow position, with positive free cash flow growth over the last year. The operating cash flow to net income ratio indicates solid cash generation relative to earnings. The firm has effectively managed capital expenditures to generate positive free cash flows, though fluctuations in net income have affected free cash flow to net income ratio consistency.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	76.18B	73.23B	67.05B	57.36B	63.31B
Gross Profit	31.39B	31.53B	28.68B	23.40B	29.43B
EBITDA	6.60B	8.58B	6.65B	4.82B	4.24B
Net Income	1.86B	2.60B	958.00M	-621.00M	860.00M
Balance Sheet
Total Assets	97.49B	93.27B	91.00B	85.77B	87.91B
Cash, Cash Equivalents and Short-Term Investments	29.12B	26.98B	21.49B	20.02B	16.14B
Total Debt	95.00M	102.00M	142.00M	226.00M	3.69B
Total Liabilities	20.82B	20.06B	19.82B	16.72B	18.20B
Stockholders Equity	69.89B	66.52B	65.12B	63.32B	64.22B
Cash Flow
Free Cash Flow	3.39B	5.06B	2.45B	5.60B	-2.67B
Operating Cash Flow	4.92B	6.81B	4.07B	7.69B	6.21B
Investing Cash Flow	-2.08B	-887.00M	-1.26B	-185.00M	-5.68B
Financing Cash Flow	-2.20B	-2.11B	-2.07B	-5.38B	1.13B

Mandom Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1419.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4917, the sentiment is Neutral. The current price of 1419 is below the 20-day moving average (MA) of 1424.00, above the 50-day MA of 1375.80, and above the 200-day MA of 1293.19, indicating a neutral trend. The MACD of 16.77 indicates Positive momentum. The RSI at 53.58 is Neutral, neither overbought nor oversold. The STOCH value of 22.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4917.

Mandom Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4928	74 Outperform	¥153.70B	19.18		4.96%	1.51%	5.48%
4923	73 Outperform	¥42.49B	30.87		1.36%	2.52%	-7.44%
4919	72 Outperform	¥80.82B	17.72	9.60%	3.54%	7.44%	25.31%
4927	69 Neutral	$277.97B	37.22	4.49%	4.14%	-0.74%	-25.66%
Sector *	68 Neutral	¥197.01B	21.38	8.29%	2.28%	4.93%	0.72%
4917	67 Neutral	¥64.33B	34.40	2.70%	2.80%	4.03%	-28.60%
4922	61 Neutral	¥333.29B	56.80	2.08%	2.40%	4.63%	-60.17%

Mandom Corporate Events

Mandom Corporation Reports Fiscal Year 2025 Results with Optimistic Outlook for 2026

Mandom Corporation reported its consolidated business results for the fiscal year ended March 31, 2025, showing a 4% increase in net sales compared to the previous year. However, the company faced significant declines in operating and ordinary income, with drops of 49.1% and 26.8% respectively, attributed to various operational challenges. Despite these setbacks, Mandom’s comprehensive income rose by 33.9%, and the company forecasts a strong recovery in the next fiscal year with anticipated increases in net sales and income.