Car Mate Mfg. Co Ltd (7297) AI Stock Analysis

• Market Cap: ¥5.94B
• Dividend Yield: 3.56%
• Average Volume (3M): 2.56K
• Price to Earnings (P/E): 36.1
• Beta (1Y): 0.15
• Revenue Growth: -5.00%
• EPS Growth: -272.36%
• Country: JP
• Employees: 669
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Auto - Parts
• EPS (TTM): -12.90
• Shares Outstanding: 7,928,885
• 10 Day Avg. Volume: 6,050
• 30 Day Avg. Volume: 2,556
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• 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: ¥873.00
• Price Target Upside: 3.68% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: ¥848.00 ▲(0.71%Upside)

The overall stock score of Car Mate Mfg. Co Ltd is driven by a combination of financial resilience and significant profitability challenges. The strong balance sheet provides a buffer, but declining revenues and margins highlight operational issues. Technical indicators show a neutral trend with no strong market signals, while valuation concerns persist due to recent losses. The dividend yield offers some investor appeal.

Car Mate Mfg. Co Ltd Business Overview & Revenue Model

Company Description

Car Mate Mfg. Co Ltd (7297) is a Japanese company specializing in the manufacturing and distribution of automotive accessories and related products. The company operates primarily in the automotive sector, offering a wide range of products including roof racks, car interior accessories, and exterior styling parts. Car Mate is committed to enhancing the driving experience through innovation and high-quality products that cater to the needs of car enthusiasts and everyday drivers alike.

How the Company Makes Money

Car Mate Mfg. Co Ltd generates revenue through the sale of its automotive accessory products. The company's key revenue streams include the manufacturing and retail distribution of roof racks, interior accessories like organizers and phone mounts, and exterior styling parts that enhance the aesthetic and functionality of vehicles. Car Mate serves both domestic and international markets, leveraging partnerships with automotive retailers and online platforms to reach a broad customer base. Additionally, the company may engage in collaborations with car manufacturers or other businesses in the automotive industry to expand its product offerings and market reach, contributing to its earnings.

Car Mate Mfg. Co Ltd Financial Statement Overview

Summary

Car Mate Mfg. Co Ltd shows financial resilience with a strong balance sheet and improving cash flows. However, significant challenges exist with declining revenues and profitability, alongside a negative net income and deteriorating margins.

Income Statement

The income statement reveals weakening financial performance. The gross profit margin was reasonable at 37.3% for the latest year, but the net profit margin turned negative at -2.1%, highlighting significant profitability issues. Revenue declined by 2.7% compared to the previous year, and the EBIT margin reduced to 1.9%, indicating operational challenges. The EBITDA margin also decreased, reflecting reduced efficiency.

Balance Sheet

The balance sheet shows a stable financial position with a strong equity base. The debt-to-equity ratio is low at 0.10, reflecting conservative leverage. The equity ratio stands at 73.0%, indicating a solid capital structure. However, the return on equity has turned negative due to the recent net loss, signaling a need for improved profitability.

Cash Flow

Cash flow analysis highlights some positive and negative aspects. Free cash flow improved significantly, but from a negative base, leading to a high growth rate. The operating cash flow to net income ratio is positive at 4.4, suggesting cash-generating strength despite the net loss. The free cash flow to net income ratio also indicates strong cash conversion, although underlying profitability remains a concern.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	15.52B	15.96B	16.65B	15.92B	15.72B
Gross Profit	5.80B	5.63B	6.14B	6.86B	6.65B
EBITDA	186.00M	749.41M	977.63M	1.70B	1.63B
Net Income	-332.00M	212.48M	361.88M	973.92M	922.13M
Balance Sheet
Total Assets	20.33B	20.68B	20.86B	20.49B	19.42B
Cash, Cash Equivalents and Short-Term Investments	10.67B	9.66B	10.06B	11.02B	10.29B
Total Debt	1.46B	1.59B	1.59B	1.56B	1.54B
Total Liabilities	5.49B	5.98B	6.37B	6.49B	6.35B
Stockholders Equity	14.84B	14.70B	14.49B	14.00B	13.06B
Cash Flow
Free Cash Flow	1.19B	-267.06M	-929.02M	719.33M	809.03M
Operating Cash Flow	1.45B	175.20M	-541.93M	999.96M	1.10B
Investing Cash Flow	-814.00M	-593.19M	-168.94M	-290.18M	-273.80M
Financing Cash Flow	-356.00M	-227.27M	-187.40M	-241.73M	-272.53M

Car Mate Mfg. Co Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 842.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7297, the sentiment is Negative. The current price of 842 is below the 20-day moving average (MA) of 848.95, below the 50-day MA of 847.90, and below the 200-day MA of 847.21, indicating a bearish trend. The MACD of 0.20 indicates Positive momentum. The RSI at 43.87 is Neutral, neither overbought nor oversold. The STOCH value of 12.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7297.

Car Mate Mfg. Co Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7254	78 Outperform	¥10.54B	3.58		2.57%	2.17%	66.19%
7235	70 Outperform	¥9.01B	6.32		4.76%	0.69%	7.21%
7264	70 Outperform	¥7.29B	15.00		3.73%	-4.51%	-63.09%
Sector *	62 Neutral	AU$3.02B	29.09	4.95%	4.87%	2.19%	-27.19%
7291	61 Neutral	¥7.36B	130.16		3.90%	-2.95%	-97.72%
7277	56 Neutral	¥9.02B	―		2.56%	-3.96%	-462.50%
7297	52 Neutral	¥5.94B	36.06		3.56%	-5.00%	-272.36%

Car Mate Mfg. Co Ltd Corporate Events

Car Mate Mfg. Co., Ltd. Reports Decline in Quarterly Financial Performance

Car Mate Mfg. Co., Ltd. reported a decline in its quarterly financial performance for June 2025, with net sales decreasing by 10.6% compared to the previous year. The company also experienced a negative operating profit and a loss attributable to the owners of the parent. Despite these challenges, the capital adequacy ratio remained stable, indicating a strong financial position. The company declared a dividend of 15 yen per share for the second quarter, reflecting its commitment to returning value to shareholders.

Car Mate Mfg. Co., Ltd. Reports Mixed Financial Results with Optimistic Outlook

Car Mate Mfg. Co., Ltd. reported a decrease in net sales for the fiscal year ending March 31, 2025, with a 2.7% decline compared to the previous year. Despite the drop in sales, the company saw a significant increase in operating profit by 37.1% and ordinary profit by 17.4%. The company anticipates a recovery in the upcoming fiscal year with a projected increase in net sales and profits, indicating a potential positive impact on its market positioning and stakeholder confidence.