Traders Holdings Co., Ltd. (JP:8704)
:8704
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Traders Holdings Co., Ltd.
(8704)
Select Model
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Rating:72Outperform
Price Target:
¥1,164.00
▲(22.27% Upside)
Action:ReiteratedDate:10/15/25
Traders Holdings Co., Ltd. scores well due to its strong financial performance and attractive valuation, with a low P/E ratio and solid dividend yield. However, technical analysis indicates bearish momentum, which tempers the overall score.
Positive Factors
Strong balance sheet
A low leverage profile, healthy equity base and high ROE provide durable financial flexibility. This balance-sheet strength supports absorbing market shocks, funding operations and selective investments internally, reducing reliance on costly external financing over the medium term.
Negative Factors
Declining revenue
A negative revenue trend (-7.56%) is a structural warning for a fee and volume-driven broker. Sustained top-line declines reduce scale, compress unit economics and limit cross-sell opportunities, making it harder to sustain investment, margins and long-term growth targets.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet
A low leverage profile, healthy equity base and high ROE provide durable financial flexibility. This balance-sheet strength supports absorbing market shocks, funding operations and selective investments internally, reducing reliance on costly external financing over the medium term.
Read all positive factors
Traders Holdings Co., Ltd. (8704) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥30.91B
Dividend Yield3.91%
Average Volume (3M)225.59K
Price to Earnings (P/E)6.3
Beta (1Y)1.26
Revenue Growth-11.56%
EPS Growth-26.01%
CountryJP
Employees275
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)37.62
Shares Outstanding29,538,647
10 Day Avg. Volume149,560
30 Day Avg. Volume225,586
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)1.42
Price to Sales (P/S)1.85
P/FCF Ratio3.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Traders Holdings Co., Ltd. Business Overview & Revenue Model
Company Description
Traders Holdings Co.,Ltd., through its subsidiaries, engages in the foreign exchange and securities transaction activities in Japan. The company offers financial instrument, investment advisory and agency, commodity futures trading, and financial ...
How the Company Makes Money
The company makes money primarily through its consolidated subsidiaries’ financial-services operations. Key revenue sources typically include (1) brokerage commissions and related fees earned when customers place trades through the group’s brokera...
Traders Holdings Co., Ltd. Financial Statement Overview
Summary
Income Statement
88
Very Positive
Balance Sheet
85
Very Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.43B | 13.43B | 10.10B | 9.19B | 7.08B | 6.86B |
| Gross Profit | 12.42B | 13.30B | 9.58B | 8.45B | 6.57B | 6.43B |
| EBITDA | 6.36B | 7.02B | 4.70B | 3.89B | 2.61B | 2.38B |
| Net Income | 4.14B | 4.55B | 3.33B | 3.22B | 2.19B | 1.79B |
Balance Sheet | ||||||
| Total Assets | 133.14B | 125.05B | 118.19B | 88.32B | 74.10B | 68.55B |
| Cash, Cash Equivalents and Short-Term Investments | 8.45B | 12.12B | 8.85B | 5.78B | 6.37B | 5.11B |
| Total Debt | 1.03B | 1.13B | 2.23B | 2.10B | 2.06B | 1.70B |
| Total Liabilities | 115.98B | 107.63B | 104.08B | 76.34B | 64.85B | 61.23B |
| Stockholders Equity | 17.16B | 17.41B | 14.12B | 11.97B | 9.25B | 7.32B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 6.99B | 5.11B | 692.00M | 578.00M | 1.50B |
| Operating Cash Flow | 0.00 | 6.47B | 5.17B | 1.32B | 849.00M | 1.73B |
| Investing Cash Flow | 0.00 | -607.00M | -329.00M | -729.00M | -146.00M | -510.00M |
| Financing Cash Flow | 0.00 | -2.58B | -1.28B | -590.00M | 73.00M | -151.00M |
Traders Holdings Co., Ltd. Technical Analysis
Positive
952.00
Price Trends
1048.92
Negative
989.42
Positive
995.91
Positive
Market Momentum
-5.05
Positive
49.25
Neutral
74.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8704, the sentiment is Positive. The current price of 952 is below the 20-day moving average (MA) of 1053.05, below the 50-day MA of 1048.92, and below the 200-day MA of 995.91, indicating a neutral trend. The MACD of -5.05 indicates Positive momentum. The RSI at 49.25 is Neutral, neither overbought nor oversold. The STOCH value of 74.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8704.
Traders Holdings Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥88.20B | 6.63 | ― | 5.75% | 10.85% | 30.77% | |
80 Outperform | ¥198.45B | 6.74 | ― | 4.01% | -2.39% | -4.54% | |
74 Outperform | ¥253.71B | 12.14 | 14.00% | 5.13% | 3.27% | -1.81% | |
72 Outperform | ¥30.91B | 6.33 | ― | 3.91% | -11.56% | -26.01% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | ¥46.35B | 10.12 | ― | 4.36% | 1.14% | -16.88% | |
43 Neutral | ¥178.25B | 13.27 | 7.26% | 4.16% | 14.69% | -114.36% |
* Financial Sector Average
JP:8704
Traders Holdings Co., Ltd.
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Traders Holdings Co., Ltd. Corporate Events
Traders Holdings Posts Lower Nine-Month Profits but Lifts Dividend and Updates Outlook
Jan 30, 2026
Traders Holdings reported consolidated results for the nine months ended December 31, 2025, showing operating revenue of ¥8,998 million and net operating revenue of ¥8,938 million, down 14.8% and 14.6% year on year, respectively. Operati...
Traders Holdings Hits Asset Target Ahead of Schedule on Campaign-Driven Inflows
Jan 30, 2026
Traders Holdings reported that its assets under custody reached approximately JPY 131.5 billion in November 2025, achieving its fiscal year-end target of JPY 130 billion ahead of schedule. The company noted that a large-scale promotional campaign ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.