Asahi Concrete Works Co., Ltd. (5268) AI Stock Analysis

• Market Cap: ¥8.11B
• Dividend Yield: 2.24%
• Average Volume (3M): 16.03K
• Price to Earnings (P/E): 19.7
• Beta (1Y): 0.38
• Revenue Growth: 2.12%
• EPS Growth: 21.90%
• Country: JP
• Employees: 194
• Sector: Industrials
• Sector Strength: 84
• Industry: Construction Materials
• EPS (TTM): -2.77
• Shares Outstanding: 13,233,000
• 10 Day Avg. Volume: 13,760
• 30 Day Avg. Volume: 16,026
• PEG Ratio: 0.59
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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

• Rating: 66 Neutral
• Price Target: ¥659.00 ▲(5.27%Upside)

The overall stock score of 66 reflects strong financial performance, underpinned by solid revenue growth, improved margins, and robust cash flow generation. Technical analysis indicates some bearish momentum, but potential buying opportunities may arise due to oversold conditions. The stock's valuation is reasonable, with a fair P/E ratio and a decent dividend yield. The absence of earnings call and corporate event data did not impact the score.

Asahi Concrete Works Co., Ltd. Business Overview & Revenue Model

Company Description

Asahi Concrete Works Co., Ltd. is a Japan-based company primarily engaged in the manufacture and sale of concrete products. The company specializes in producing high-quality concrete materials used in various infrastructure and construction projects. Its product portfolio includes precast concrete segments, exterior wall panels, and other concrete-related products that serve the construction and civil engineering sectors.

How the Company Makes Money

Asahi Concrete Works Co., Ltd. generates revenue through the sale of its concrete products to construction firms and infrastructure developers. The company's revenue model is primarily based on manufacturing and distributing precast concrete materials, which are integral to a wide range of building and infrastructure projects. Key revenue streams include contracts with public and private sector clients for supplying concrete products for use in roads, bridges, buildings, and other construction projects. The company's earnings are significantly influenced by the demand for construction and infrastructure development in Japan and potentially other regions it serves. Collaborations and contracts with construction companies and government bodies also play a crucial role in the company's financial performance.

Asahi Concrete Works Co., Ltd. Financial Statement Overview

Summary

Asahi Concrete Works Co., Ltd. demonstrates a strong balance sheet with low leverage and solid equity, providing financial stability. The income statement reveals healthy profitability and growth trends, though historical volatility in revenue and margins could pose risks. The cash flow statement highlights potential cash management concerns due to inconsistent data and recent declines in operating cash flow. Overall, the company is financially stable, but careful management of cash flows and sustaining revenue growth are essential for future success.

Income Statement

The company has shown a consistent increase in revenue over the recent periods, with a notable revenue growth rate of 8.82% from 2023 to 2024. The gross profit margin stands at 22.23% for TTM, indicating solid profitability in its operations. The net profit margin is also healthy at 6.93% for TTM. However, it is important to note that the revenue decreased in earlier periods, and margins have been slightly fluctuating, which could pose a risk to stability.

Balance Sheet

The balance sheet reflects a strong equity position with an impressive equity ratio of 78.67% in the latest period, indicating financial stability. The debt-to-equity ratio is low at 0.06, suggesting minimal leverage, which reduces financial risk. Return on equity is moderate at 4.29% for TTM, indicating effective use of equity but leaving room for improvement in profitability.

Cash Flow

The cash flow statement shows a lack of data for TTM, which limits the analysis. However, past data reveals fluctuations in free cash flow, with a decline in operating cash flows in recent years. The absence of free cash flow growth in TTM and a lack of operating cash flow data are concerning, indicating potential cash management issues.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
7.17B	7.07B	6.58B	6.47B	8.42B	9.80B
	Gross Profit
1.59B	1.36B	1.30B	1.30B	1.47B	1.57B
	EBIT
644.61M	412.46M	345.61M	365.93M	508.15M	568.00M
	EBITDA
797.53M	738.83M	694.45M	690.83M	815.95M	802.00M
	Net Income Common Stockholders
496.81M	337.61M	311.58M	309.87M	410.10M	381.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.72B	5.07B	4.89B	4.69B	5.13B	4.54B
	Total Assets
14.70B	14.42B	13.48B	13.63B	14.14B	14.04B
	Total Debt
670.00M	704.41M	721.00M	743.13M	1.06B	1.06B
	Net Debt
-4.05B	-4.37B	-4.17B	-3.95B	-4.06B	-3.48B
	Total Liabilities
3.13B	3.56B	3.11B	3.45B	3.96B	4.40B
	Stockholders Equity
11.57B	10.85B	10.37B	10.18B	10.18B	9.63B
Cash Flow		Free Cash Flow
0.00	211.62M	489.55M	195.19M	422.17M	431.00M
	Operating Cash Flow
0.00	414.79M	740.08M	388.02M	647.25M	694.00M
	Investing Cash Flow
0.00	-42.31M	-352.05M	-322.10M	136.80M	-556.00M
	Financing Cash Flow
0.00	-186.57M	-191.82M	-499.94M	-196.11M	-174.00M

Asahi Concrete Works Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 626.00
• 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:5268, the sentiment is Positive. The current price of 626 is above the 20-day moving average (MA) of 618.05, above the 50-day MA of 600.86, and above the 200-day MA of 625.61, indicating a bullish trend. The MACD of 8.56 indicates Positive momentum. The RSI at 54.73 is Neutral, neither overbought nor oversold. The STOCH value of 27.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5268.

Asahi Concrete Works Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5285	81 Outperform	¥18.08B	8.38		3.40%	12.80%	51.13%
5287	80 Outperform	¥1.97B	5.56		0.46%	8.63%	328.34%
5282	73 Outperform	¥9.32B	11.16		3.35%	6.01%	-24.25%
5283	71 Outperform	¥5.36B	7.96		1.57%	4.26%	-44.50%
5268	66 Neutral	¥8.11B	19.71		2.24%	2.12%	21.90%
Sector *	66 Neutral	$4.44B	12.08	5.34%	5.82%	4.17%	-11.81%
5271	58 Neutral	¥2.91B	8.00		4.47%	-4.41%	-39.78%