Fidea Holdings Co.Ltd. (8713) AI Stock Analysis

• Market Cap: ¥35.75B
• Dividend Yield: 4%
• Average Volume (3M): 60.10K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.86
• Revenue Growth: 10.72%
• EPS Growth: 293.23%
• Country: JP
• Employees: 1,421
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 67.95
• Shares Outstanding: 18,142,122
• 10 Day Avg. Volume: 55,630
• 30 Day Avg. Volume: 60,096
• PEG Ratio: 0.07
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 0.56
• P/FCF Ratio: 0.64
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: ¥2,124.00 ▲(34.01% Upside)
• Action: Reiterated Date: 02/06/26
• Date: Action: Reiterated 02/06/26

The score is driven primarily by mixed financial performance—cash flow improvement and strong margins offset by weak/volatile revenue trends and high leverage—while technicals are positively trending and valuation is supportive due to a low P/E and solid dividend yield.

Positive Factors

100% gross profit margin

A sustained 100% gross profit margin signals durable operational efficiency in the group's core banking activities. This high gross margin provides a structural buffer against revenue swings, supports operating leverage, and helps maintain profitability even if top-line growth is uneven.

Free cash flow recovery

A material recovery in free cash flow and a FCF-to-net-income ratio near 1 indicate efficient cash conversion. This durability in cash generation improves capacity for reinvestment, deleveraging, or supporting subsidiaries, enhancing long-term financial flexibility and resilience.

Holding-company governance for regional bank group

As a holding company providing governance and strategic oversight of regional banking subsidiaries, Fidea benefits from diversified banking income streams (net interest and fees) and clearer capital allocation. This structure supports stable, repeatable earnings tied to regional banking fundamentals.

Negative Factors

High debt-to-equity ratio

Significant leverage reduces financial flexibility and increases vulnerability to interest-rate or funding shocks. High debt levels constrain capital allocation, limit the company's ability to absorb losses, and raise refinancing and regulatory risk over a multi-month horizon.

Inconsistent revenue growth

Erratic top-line performance undermines predictability of core banking revenues (interest and fees), complicates budgeting and capital planning, and raises execution risk. Persistent revenue volatility can impair sustainable margin expansion and long-term strategic investments.

Net profit margin volatility

Fluctuating net and operating margins point to inconsistent cost absorption or one-off items across periods. Margin instability weakens long-term return predictability, pressures ROE, and complicates efforts to build reserves or sustainably improve shareholder returns.

Fidea Holdings Co.Ltd. Business Overview & Revenue Model

Company Description

Fidea Holdings Co., Ltd. (8713) is a diversified investment holding company based in Japan, primarily engaged in the sectors of real estate, finance, and technology. The company focuses on acquiring, developing, and managing a portfolio of assets to generate stable income and capital appreciation. Its core offerings include property management services, financial advisory, and technology-driven solutions that enhance operational efficiencies across its investments.

How the Company Makes Money

Fidea Holdings makes money primarily through earnings generated by its consolidated financial subsidiaries (principally its banking operations), which are then reflected in the holding company’s consolidated results. Key revenue streams typically include: (1) net interest income from lending and investment activities (interest earned on loans and securities minus interest paid on deposits and other funding), and (2) fee and commission income from customer-related financial services such as settlement services, account-related fees, and other banking service charges. Additional income may come from trading/investment gains or losses and other operating income generated within the group, depending on market conditions and portfolio activity. The holding company itself generally does not earn revenue by selling standalone products; instead, it benefits from dividends, upstreamed profits, and overall consolidated profitability of the group. Specific breakdowns by segment, named subsidiaries, material partnerships, or quantified revenue contributions: null.

Fidea Holdings Co.Ltd. Financial Statement Overview

Summary

Mixed fundamentals: strong gross profit margin and improved/free cash flow recovery, but inconsistent revenue growth (including a recent drop) and high leverage with relatively low ROE weigh on overall quality and financial flexibility.

Income Statement

Fidea Holdings Co.Ltd. shows a mixed performance in its income statement. The company has maintained a strong gross profit margin of 100% consistently, indicating efficient cost management. However, the net profit margin has fluctuated, with a decline in recent years, reflecting challenges in converting revenue into profit. Revenue growth has been inconsistent, with a significant drop in the latest period, which is a concern for future profitability. The EBIT and EBITDA margins have also shown volatility, suggesting potential operational inefficiencies.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage, which could pose risks in a volatile market. The return on equity is relatively low, suggesting that the company is not generating substantial returns on shareholders' investments. The equity ratio is not explicitly calculated but appears to be stable given the consistent stockholders' equity figures. Overall, the balance sheet reflects a need for improved financial stability and risk management.

Cash Flow

The cash flow statement shows a strong recovery in free cash flow, with significant growth in the latest period. The operating cash flow to net income ratio indicates that the company is generating sufficient cash from operations relative to its net income. However, historical volatility in cash flows suggests potential challenges in maintaining consistent cash generation. The free cash flow to net income ratio is close to 1, indicating efficient cash conversion.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	45.46B	48.95B	46.72B	47.97B	47.53B	49.52B
Gross Profit	45.46B	46.12B	45.65B	47.52B	47.36B	49.02B
EBITDA	2.51B	5.65B	4.99B	6.48B	7.58B	7.30B
Net Income	2.84B	2.82B	1.18B	3.27B	3.51B	3.31B
Balance Sheet
Total Assets	2.98T	2.92T	3.06T	3.02T	3.27T	3.22T
Cash, Cash Equivalents and Short-Term Investments	0.00	316.70B	306.34B	316.92B	725.95B	612.33B
Total Debt	98.40B	103.30B	265.24B	116.00B	776.27B	712.54B
Total Liabilities	2.89T	2.84T	2.97T	2.93T	3.16T	3.10T
Stockholders Equity	81.54B	77.23B	85.67B	90.51B	108.92B	119.78B
Cash Flow
Free Cash Flow	0.00	42.82B	0.00	-405.49B	83.99B	468.07B
Operating Cash Flow	0.00	43.31B	0.00	-404.54B	85.90B	469.63B
Investing Cash Flow	0.00	159.67B	-75.51B	913.00M	34.70B	-3.14B
Financing Cash Flow	0.00	-73.05B	34.07B	-7.24B	-7.02B	-1.26B

Fidea Holdings Co.Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1585.00
• 50DMA: Negative
• 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:8713, the sentiment is Positive. The current price of 1585 is below the 20-day moving average (MA) of 2035.95, below the 50-day MA of 2062.82, and below the 200-day MA of 1710.58, indicating a neutral trend. The MACD of -43.03 indicates Positive momentum. The RSI at 45.49 is Neutral, neither overbought nor oversold. The STOCH value of 46.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8713.

Fidea Holdings Co.Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8558	78 Outperform	¥38.24B	24.09	―	2.87%	16.42%	119.62%
8713	71 Outperform	¥35.75B	7.00	4.94%	4.00%	10.72%	293.23%
8541	69 Neutral	¥64.23B	6.31	―	2.34%	-0.97%	27.62%
8551	68 Neutral	¥38.87B	10.62	―	3.28%	22.26%	-12.68%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8338	65 Neutral	¥51.00B	4.49	―	1.20%	8.45%	168.74%
8364	64 Neutral	¥30.39B	7.87	―	2.59%	4.90%	―

Fidea Holdings Co.Ltd. Corporate Events

Fidea Holdings Posts Higher Nine-Month Profit and Keeps Fiscal 2026 Outlook Intact

Fidea Holdings reported consolidated ordinary income of ¥40.35 billion for the nine months ended December 31, 2025, up 6.2% year on year, with ordinary profit rising 5.9% to ¥3.87 billion and profit attributable to owners of parent increasing 7.3% to ¥3.14 billion. The group’s equity position improved, with net assets climbing to ¥85.88 billion and the equity-to-asset ratio edging up to 2.9%, while it maintained its full-year earnings guidance and planned annual dividend of ¥75 per share, signaling stable capital policy and steady profitability for shareholders.

Total assets reached ¥2.95 trillion as of December 31, 2025, up from ¥2.92 trillion at the prior fiscal year-end, indicating measured balance-sheet expansion alongside stronger comprehensive income compared with the previous year. The company confirmed there were no significant changes in consolidation scope or accounting policies, and reiterated that its forecasts for ordinary profit of ¥4.8 billion and profit attributable to owners of parent of ¥3.3 billion for the fiscal year ending March 31, 2026 remain unchanged, underscoring management’s confidence in sustaining performance despite a modest capital base.

The most recent analyst rating on (JP:8713) stock is a Buy with a Yen2378.00 price target. To see the full list of analyst forecasts on Fidea Holdings Co.Ltd. stock, see the JP:8713 Stock Forecast page.