ENEOS Holdings (5020) AI Stock Analysis

• Market Cap: ¥2.96T
• Dividend Yield: 2.74%
• Average Volume (3M): 8.65M
• Price to Earnings (P/E): 13.4
• Beta (1Y): 1.02
• Revenue Growth: -14.13%
• EPS Growth: 33.18%
• Country: JP
• Employees: 43,683
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): 29.47
• Shares Outstanding: 2,706,766,600
• 10 Day Avg. Volume: 9,657,770
• 30 Day Avg. Volume: 8,652,513
• PEG Ratio: -0.60
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 7.52
• 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: 64 Neutral
• Price Target: ¥1,100.00 ▲(0.32% Upside)

ENEOS Holdings' overall stock score is driven by strong technical indicators and reasonable valuation, despite challenges in financial performance. The positive technical momentum and attractive dividend yield are significant strengths, while the need to improve revenue growth and profitability remains a key area for improvement.

Positive Factors

Cash Flow Performance

Strong free cash flow growth indicates effective cash management and the ability to fund operations and investments, supporting long-term stability.

Renewable Energy Initiatives

Investing in renewable energy aligns with global energy transition trends, potentially enhancing future revenue streams and sustainability.

Strategic Partnerships

Strategic partnerships can lead to improved operational efficiencies and market expansion, strengthening competitive positioning and growth prospects.

Negative Factors

Revenue Decline

Declining revenue growth poses challenges to financial performance, potentially impacting profitability and market competitiveness.

Profitability Concerns

Negative profitability indicates inefficiencies in operations, which could hinder financial health and shareholder returns if not addressed.

Negative Return on Equity

Negative ROE reflects challenges in generating shareholder value, potentially affecting investor confidence and capital raising capabilities.

ENEOS Holdings Business Overview & Revenue Model

Company Description

ENEOS Holdings, Inc., through its subsidiaries, engages in the energy, oil and natural gas exploration and production (E&P), and metals businesses Japan, China, and internationally. The company operates through Energy, Oil and Natural Gas E&P, Metals, and Other segments. It manufactures and sells petroleum products, including gasoline, kerosene, lubricants, etc., as well as petrochemicals; and offers crude oil, natural gas, and copper concentrates. In addition, the company offers non-ferrous metal products, including electrolytic coppers, functional materials, and thin-film materials. Further, the company develops and explores non-ferrous metal resources and products; recycles industrial waste treatment, titanium, and electric wires. Additionally, the company offers copper foils, precision rolled, and precision-fabricated products. Furthermore, it engages in the asphalt paving, civil engineering, construction, land transportation, and real estate leasing business. It is engaged in the sales of mineral resources; and researching, studying, evaluating, designing and planning, and consulting services. ENEOS Holdings, Inc. was founded in 1888 and is headquartered in Tokyo, Japan.

How the Company Makes Money

ENEOS Holdings generates revenue primarily through the refining and sale of petroleum products, including gasoline, diesel, and jet fuel, which are distributed across domestic and international markets. Additionally, the company earns income from the sale of petrochemical products and lubricants. A significant revenue stream also comes from its exploration and production activities in oil and gas fields. ENEOS has formed strategic partnerships with various companies to enhance its operational efficiency and expand its market reach. Furthermore, the company's investment in renewable energy projects and technologies is expected to contribute to its future revenue growth as the demand for sustainable energy solutions increases.

ENEOS Holdings Financial Statement Overview

Summary

ENEOS Holdings faces challenges in revenue growth and profitability, as reflected in the income statement. The balance sheet shows a stable leverage position but is impacted by negative returns on equity. Cash flow performance is a bright spot, with strong free cash flow growth and effective cash management. The company needs to address revenue and profitability issues to enhance its financial health.

Income Statement

ENEOS Holdings has experienced a decline in revenue over the TTM period, with a negative revenue growth rate of -2.995%. The gross profit margin is relatively low at 8.97%, and the company reported a net loss, resulting in a negative net profit margin. However, the EBIT and EBITDA margins show some operational efficiency, albeit at modest levels. Overall, the income statement reflects challenges in revenue growth and profitability.

Balance Sheet

The balance sheet indicates a moderate debt-to-equity ratio of 0.85, suggesting a balanced approach to leveraging. However, the return on equity is negative due to the net loss, indicating inefficiencies in generating returns for shareholders. The equity ratio is stable, reflecting a solid capital structure. While the company maintains a reasonable leverage position, profitability concerns impact the overall assessment.

Cash Flow

The cash flow statement shows a positive free cash flow growth rate of 24.56% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is healthy, suggesting effective cash management despite the net loss. The free cash flow to net income ratio is also strong, highlighting the company's ability to generate cash relative to its earnings. Overall, cash flow performance is a positive aspect of the financials.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.67T	12.32T	13.86T	15.02T	10.92T	7.66T
Gross Profit	1.05T	1.10T	1.34T	1.21T	1.58T	1.08T
EBITDA	378.01B	120.15B	829.62B	650.45B	1.04T	591.55B
Net Income	-6.91B	226.07B	288.12B	143.77B	537.12B	114.00B
Balance Sheet
Total Assets	8.71T	8.79T	10.14T	9.95T	9.65T	8.06T
Cash, Cash Equivalents and Short-Term Investments	1.00T	846.56B	775.91B	414.04B	547.27B	417.72B
Total Debt	2.65T	2.68T	3.27T	3.56T	3.22T	2.54T
Total Liabilities	5.24T	5.32T	6.43T	6.67T	6.41T	5.31T
Stockholders Equity	3.12T	3.10T	3.23T	2.86T	2.86T	2.33T
Cash Flow
Free Cash Flow	538.41B	294.01B	681.87B	-428.98B	-46.01B	420.04B
Operating Cash Flow	783.45B	576.84B	1.01T	-110.25B	209.51B	679.09B
Investing Cash Flow	166.29B	130.76B	-238.20B	-115.93B	-349.93B	-306.79B
Financing Cash Flow	-513.51B	-631.19B	-331.03B	-13.32B	226.05B	-355.08B

ENEOS Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1096.50
• 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:5020, the sentiment is Positive. The current price of 1096.5 is above the 20-day moving average (MA) of 1071.08, above the 50-day MA of 1013.95, and above the 200-day MA of 828.83, indicating a bullish trend. The MACD of 22.48 indicates Positive momentum. The RSI at 61.42 is Neutral, neither overbought nor oversold. The STOCH value of 59.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5020.

ENEOS Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8131	74 Outperform	¥121.92B	9.20	―	2.57%	7.46%	153.98%
8097	70 Outperform	¥130.89B	18.71	―	4.76%	1.07%	-28.19%
8133	70 Neutral	¥212.55B	13.14	―	3.45%	-4.87%	26.27%
8132	67 Neutral	¥65.36B	20.77	―	1.37%	-5.02%	186.97%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
5020	64 Neutral	¥2.96T	13.39	-0.15%	2.74%	-14.13%	33.18%
5019	63 Neutral	¥1.51T	36.92	2.23%	3.07%	-7.68%	-73.03%

ENEOS Holdings Corporate Events

ENEOS Holdings Increases Dividend Amid Stable Financial Performance

ENEOS Holdings has announced an increase in its interim dividend from 15 yen to 17 yen per share, reflecting stable financial performance and a commitment to shareholder returns. The company also revised its year-end dividend forecast for the fiscal year ending March 2026, raising it from 30 yen to 34 yen per share, indicating confidence in its ongoing financial stability and growth prospects.

ENEOS Holdings Revises FY2025 Financial Forecast Amid Market Changes

ENEOS Holdings has revised its consolidated financial forecast for fiscal year 2025, citing changes in crude oil prices and currency exchange rates. The company anticipates a decrease in operating profit due to inventory valuation losses, but expects an increase in operating profit excluding these factors, driven by improved margins in various business segments.

ENEOS Holdings Reports Mixed Financial Results for First Half of FY2025

ENEOS Holdings reported its consolidated financial results for the first half of fiscal year 2025, showing a decline in revenue by 5.3% compared to the previous year, but a significant increase in operating profit by 115.6% and profit before tax by 143.4%. The company has revised its dividend forecast, increasing the interim dividend and projecting a higher year-end dividend. This financial performance and strategic adjustments reflect ENEOS Holdings’ efforts to strengthen its market position and deliver value to its stakeholders despite the challenging market conditions.