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

• Market Cap: ¥4.67B
• Dividend Yield: 1.8%
• Average Volume (3M): 3.25K
• Price to Earnings (P/E): 8.3
• Beta (1Y): 0.43
• Revenue Growth: -0.27%
• EPS Growth: 0.09%
• Country: JP
• Employees: 163
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): 76.11
• Shares Outstanding: 3,427,200
• 10 Day Avg. Volume: 3,360
• 30 Day Avg. Volume: 3,253
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 27,339.36
• Revenue Forecast (FY): ¥1.55T

• Rating: 81 Outperform
• Price Target: ¥1,585.00 ▲(15.02% 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.

Positive Factors

Financial Stability

IBOKIN's low reliance on debt enhances its financial stability, reducing risk and providing flexibility for future investments and growth.

Cash Generation

The substantial increase in free cash flow indicates strong cash generation, enabling IBOKIN to reinvest in business operations and pursue strategic opportunities.

Revenue Growth

Consistent revenue growth reflects successful market penetration and demand for IBOKIN's services, supporting long-term business expansion.

Negative Factors

Revenue Decline

A recent decline in revenue growth suggests potential challenges in maintaining market share or pricing power, which could impact future profitability.

Earnings Decline

A significant drop in EPS growth may indicate operational inefficiencies or increased costs, potentially affecting investor confidence and long-term earnings potential.

Employee Efficiency

With a relatively small workforce, scaling operations might be challenging, potentially limiting the company's ability to rapidly expand or adapt to market changes.

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 generates revenue through the sale of its electronic components and materials to a diverse range of industries, including consumer electronics, automotive, and industrial applications. The company's revenue model is primarily based on direct sales to manufacturers and OEMs (Original Equipment Manufacturers), who integrate IBOKIN's products into their own devices. Key revenue streams include bulk orders of semiconductor materials, display technologies, and specialized electronic components. Additionally, IBOKIN may engage in strategic partnerships with technology firms and research institutions to co-develop cutting-edge technologies, further enhancing its market reach and revenue potential.

IBOKIN Co., Ltd. Financial Statement Overview

Summary

IBOKIN Co., Ltd. demonstrates strong financial performance with consistent revenue growth, robust profitability, and impressive cash flow metrics. The balance sheet shows financial stability with low leverage, and cash flow analysis indicates 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	395.19M	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: 1378.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 1378 is below the 20-day moving average (MA) of 1382.60, below the 50-day MA of 1383.96, and above the 200-day MA of 1347.26, indicating a bullish trend. The MACD of 2.64 indicates Negative momentum. The RSI at 52.67 is Neutral, neither overbought nor oversold. The STOCH value of 53.03 is Neutral, 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	¥4.67B	8.34	―	1.80%	-0.27%	0.09%
5698	77 Outperform	¥17.15B	11.76	―	2.62%	-9.37%	590.66%
4125	76 Outperform	¥10.05B	13.59	―	1.87%	7.54%	-0.55%
4245	67 Neutral	¥9.53B	40.30	―	3.34%	7.12%	-43.68%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
2195	59 Neutral	¥5.11B	15.42	―	1.36%	3.68%	-24.83%
4657	56 Neutral	¥1.99B	72.62	―	1.93%	-1.19%	-89.91%