IBOKIN Co., Ltd. (5699) AI Stock Analysis

• Market Cap: ¥4.68B
• Dividend Yield: 1.79%
• Average Volume (3M): 3.33K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 0.44
• Revenue Growth: -5.80%
• EPS Growth: -23.45%
• Country: JP
• Employees: 163
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): -24.26
• Shares Outstanding: 3,427,200
• 10 Day Avg. Volume: 2,830
• 30 Day Avg. Volume: 3,330
• PEG Ratio: 0.26
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 0.44
• P/FCF Ratio: 6.09
• 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: ¥1,585.00
• Price Target Upside: 15.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 81 Outperform
• Price Target: ¥1,585.00 ▲(15.52% Upside)

IBOKIN Co., Ltd. scores highly due to its robust financial performance, characterized by strong revenue growth, profitability, and cash flow. The technical analysis supports a stable upward trend, while the valuation metrics indicate the stock is reasonably priced with a decent dividend yield. The absence of earnings call data and corporate events does not impact the overall positive outlook.

IBOKIN Co., Ltd. Business Overview & Revenue Model

Company Description

IBOKIN Co.,Ltd., a recycling company, provides demolition, environment, metal, and transportation recycling services in Japan. The company also engages in ferrous and non-ferrous materials recycling; and industrial waste disposal business. In addition, it offers dismantling, removal, collection, transportation, intermediate treatment, and final disposal services. Further, the company is also engaged in the building demotion work; automotive recycling; and buying, selling, and lending of highly managed medical equipment. The company was incorporated in 1984 and is headquartered in Tatsuno, Japan.

How the Company Makes Money

IBOKIN Co., Ltd. generates revenue through its comprehensive waste management services, which include collecting, transporting, and processing various types of waste materials. The company earns by charging fees for the disposal and recycling of industrial and general waste. Additionally, IBOKIN capitalizes on the sale of recovered materials, such as metals and plastics, which are processed and resold as raw materials. The company may also engage in strategic partnerships with local governments and businesses to enhance its service offerings and expand its market reach, contributing to its revenue growth.

IBOKIN Co., Ltd. Financial Statement Overview

Summary

IBOKIN Co., Ltd. presents a robust financial performance with strong revenue growth, profitability, and financial stability. The income statement shows impressive growth and margins, the balance sheet reflects low leverage and solid equity, and cash flow analysis highlights strong cash generation and liquidity.

Income Statement

IBOKIN Co., Ltd. has demonstrated consistent revenue growth with a notable increase of approximately 11.5% from 2023 to 2024. The gross profit margin stands strong at 19.2%, while the net profit margin improved to 5.4% from 4.6% in the previous year. EBIT and EBITDA margins also reflect healthy operational efficiency, with EBIT margin at 8.3% and EBITDA margin at 11.2%. These figures highlight the company's strong profitability and growth trajectory.

Balance Sheet

The company exhibits strong financial stability with a low debt-to-equity ratio of 0.05, indicating minimal reliance on debt. The equity ratio is at a robust 71.6%, showcasing a solid financial foundation. Return on equity improved to 11.5%, reflecting effective utilization of shareholder funds. The balance sheet indicates a healthy financial position with significant equity backing and low leverage risk.

Cash Flow

IBOKIN showed remarkable improvement in free cash flow, which increased significantly by 726% from 2023 to 2024. The operating cash flow to net income ratio stands at 1.79, indicating strong cash generation relative to net income. The free cash flow to net income ratio also improved substantially, demonstrating enhanced cash efficiency and liquidity. Overall, the cash flow metrics are indicative of a strong cash position and effective cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.29B	9.66B	8.66B	7.96B	8.43B	5.45B
Gross Profit	1.65B	1.85B	1.51B	1.35B	1.60B	1.12B
EBITDA	934.33M	1.11B	840.54M	743.46M	997.02M	637.67M
Net Income	408.23M	520.40M	396.38M	346.50M	509.53M	286.46M
Balance Sheet
Total Assets	6.49B	6.34B	5.74B	5.32B	5.76B	5.17B
Cash, Cash Equivalents and Short-Term Investments	2.16B	2.26B	1.73B	1.89B	1.97B	1.53B
Total Debt	361.19M	245.39M	293.81M	394.37M	559.03M	749.51M
Total Liabilities	1.84B	1.80B	1.71B	1.52B	2.14B	2.17B
Stockholders Equity	4.64B	4.53B	4.03B	3.81B	3.62B	3.00B
Cash Flow
Free Cash Flow	0.00	701.90M	85.92M	169.49M	690.73M	82.68M
Operating Cash Flow	0.00	932.38M	603.82M	338.66M	795.97M	402.11M
Investing Cash Flow	0.00	-239.70M	-494.25M	-200.28M	-100.48M	-192.40M
Financing Cash Flow	0.00	-165.34M	-222.89M	-300.02M	-241.91M	90.15M

IBOKIN Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1372.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5699, the sentiment is Positive. The current price of 1372 is above the 20-day moving average (MA) of 1362.85, above the 50-day MA of 1355.76, and above the 200-day MA of 1331.24, indicating a bullish trend. The MACD of 3.99 indicates Negative momentum. The RSI at 60.55 is Neutral, neither overbought nor oversold. The STOCH value of 81.41 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5699.

IBOKIN Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5699	81 Outperform	¥4.68B	11.14	―	1.79%	-5.80%	-23.45%
4125	69 Neutral	¥7.39B	12.15	―	2.46%	4.51%	-37.74%
5698	69 Neutral	¥15.11B	12.63	―	2.98%	-5.98%	117.10%
4245	67 Neutral	¥9.17B	34.81	―	3.53%	7.87%	-43.45%
2195	65 Neutral	¥5.85B	17.42	―	1.18%	6.68%	-11.48%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4657	54 Neutral	¥2.07B	260.89	―	1.85%	9.02%	-96.84%