Yamagata Bank, Ltd. (8344) AI Stock Analysis

• Market Cap: ¥48.67B
• Dividend Yield: 3.41%
• Average Volume (3M): 70.19K
• Price to Earnings (P/E): 11.4
• Beta (1Y): 0.75
• Revenue Growth: -12.00%
• EPS Growth: 28.81%
• Country: JP
• Employees: 1,175
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 50.81
• Shares Outstanding: 32,216,114
• 10 Day Avg. Volume: 71,230
• 30 Day Avg. Volume: 70,193
• PEG Ratio: 0.09
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.89
• 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: ¥1,790.00
• Price Target Upside: 9.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: ¥1,790.00 ▲(9.88% Upside)

Yamagata Bank's strong financial performance, particularly in revenue growth and improved leverage, is a key strength. The technical indicators support a positive trend, while the valuation is attractive with a reasonable P/E ratio and solid dividend yield. However, challenges in operational efficiency and cash flow management slightly temper the overall outlook.

Yamagata Bank, Ltd. Business Overview & Revenue Model

Company Description

The Yamagata Bank, Ltd. provides various banking products and services in Japan. The company operates through Banking, Leasing, and Credit Guarantee Business segments. It is involved in deposit-taking and lending activities; and investment in securities. The company also offers exchange and leasing services. As of March 31, 2021, it operated 81 branches; and 299 ATMs. The Yamagata Bank, Ltd. was founded in 1896 and is headquartered in Yamagata, Japan.

How the Company Makes Money

Yamagata Bank generates revenue primarily through interest income from loans extended to individuals and businesses, which constitutes a significant portion of its earnings. Additionally, the bank earns income from fees associated with account maintenance, transaction services, and various banking products. Investment income from securities and financial instruments also contributes to its revenue. The bank may engage in partnerships with local businesses and government entities to promote financial services, thereby enhancing its customer base and revenue streams. Furthermore, the bank's commitment to community development often leads to increased customer loyalty and deposits, which are crucial for maintaining its lending operations.

Yamagata Bank, Ltd. Financial Statement Overview

Summary

Yamagata Bank shows strong revenue growth and improved net profit margin, but faces challenges in operational efficiency and cash flow management. The improved debt-to-equity ratio and return on equity are positive, but the low equity ratio and cash flow issues are concerns.

Income Statement

Yamagata Bank has demonstrated strong revenue growth with a 12.26% increase in the latest year, indicating a positive trajectory. The net profit margin improved significantly to 9.59%, showcasing enhanced profitability. However, the EBIT and EBITDA margins have declined, suggesting potential challenges in operational efficiency.

Balance Sheet

The bank's debt-to-equity ratio has improved to 0.88, reflecting better leverage management compared to previous years. Return on equity has also increased to 3.25%, indicating improved shareholder returns. However, the equity ratio remains relatively low, suggesting a higher reliance on debt financing.

Cash Flow

Yamagata Bank's free cash flow has shown significant growth, but the operating cash flow to net income ratio is low, indicating potential cash flow management issues. The free cash flow to net income ratio is healthy at 0.72, suggesting good cash generation relative to profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	47.83B	50.44B	48.99B	48.60B	40.63B	38.64B
Gross Profit	47.83B	47.24B	47.20B	45.57B	40.63B	37.29B
EBITDA	1.29B	1.18B	5.35B	6.88B	7.23B	5.95B
Net Income	4.43B	4.41B	2.08B	3.44B	3.40B	2.85B
Balance Sheet
Total Assets	3.23T	3.16T	3.15T	3.14T	3.54T	3.13T
Cash, Cash Equivalents and Short-Term Investments	0.00	206.59B	197.12B	249.80B	646.47B	394.59B
Total Debt	117.20B	119.01B	134.47B	153.73B	505.94B	260.06B
Total Liabilities	3.08T	3.03T	3.00T	3.01T	3.38T	2.97T
Stockholders Equity	143.60B	135.82B	143.63B	133.55B	155.46B	161.65B
Cash Flow
Free Cash Flow	0.00	7.40B	-147.49B	-471.44B	445.89B	438.09B
Operating Cash Flow	0.00	10.25B	-145.35B	-469.31B	450.23B	440.20B
Investing Cash Flow	0.00	56.97B	94.19B	75.43B	-194.68B	-132.94B
Financing Cash Flow	0.00	40.08B	12.22B	-1.21B	-1.54B	-981.00M

Yamagata Bank, Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1629.00
• 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:8344, the sentiment is Positive. The current price of 1629 is above the 20-day moving average (MA) of 1626.95, above the 50-day MA of 1596.63, and above the 200-day MA of 1381.52, indicating a bullish trend. The MACD of 1.92 indicates Positive momentum. The RSI at 52.85 is Neutral, neither overbought nor oversold. The STOCH value of 47.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8344.

Yamagata Bank, Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8387	79 Outperform	¥58.82B	8.18	―	3.58%	7.21%	-3.97%
8362	73 Outperform	¥47.89B	8.00	―	2.80%	10.04%	-16.66%
8399	73 Outperform	¥61.21B	9.21	―	2.77%	6.16%	-3.02%
8344	72 Outperform	¥48.67B	11.36	―	3.41%	-12.00%	28.81%
8541	70 Outperform	¥45.17B	7.78	―	2.94%	-3.02%	7.28%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8550	47 Neutral	¥52.12B	7.44	―	1.46%	3.90%	-935.77%