TOC Co., Ltd. (8841) AI Stock Analysis

• Market Cap: €63.64B
• Dividend Yield: 1.47%
• Average Volume (3M): 122.98K
• Price to Earnings (P/E): 35.2
• Beta (1Y): 0.37
• Revenue Growth: -6.61%
• EPS Growth: -93.44%
• Country: JP
• Employees: 147
• Sector: Real Estate
• Sector Strength: 73
• Industry: Real Estate - Services
• EPS (TTM): 0.52
• Shares Outstanding: 93,849,350
• 10 Day Avg. Volume: 86,340
• 30 Day Avg. Volume: 122,983
• PEG Ratio: 3.81
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -80.89
• 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: €1,039.33
• Price Target Upside: 52.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ―

TOC Co., Ltd. has a strong financial foundation with excellent profitability and balance sheet health, but faces challenges with declining revenues. Technical indicators show mixed signals with potential overbought conditions. The valuation appears stretched with a high P/E ratio and low dividend yield, which might deter value-focused investors.

TOC Co., Ltd. Business Overview & Revenue Model

Company Description

TOC Co., Ltd. (8841) is a Japanese company primarily engaged in the real estate and property management sector. It focuses on leasing and managing commercial buildings, including office spaces and retail properties. The company also operates in the logistics business, offering a range of services related to warehouse management and distribution.

How the Company Makes Money

TOC Co., Ltd. generates revenue primarily through leasing its commercial properties to businesses and retail clients. The company earns rental income from its office spaces and retail outlets, ensuring a steady stream of cash flow. Additionally, its logistics segment contributes to its revenue by providing warehousing and distribution services. Key partnerships with retail and corporate clients in these sectors enhance its earnings, while effective property management and strategic location of its real estate assets play significant roles in maintaining high occupancy rates and rental yields.

TOC Co., Ltd. Financial Statement Overview

Summary

TOC Co., Ltd. has strong profitability margins and a solid balance sheet with minimal leverage, despite a decline in revenue. The company's cash flow management is robust, supporting operational sustainability, but the declining revenue trend poses a risk to future profitability.

Income Statement

The company has experienced a decrease in total revenue over the past year, with a revenue decline of approximately 12.6% from the previous year. Gross profit margin is at 29.5%, and the net profit margin is notably high at 37.3%, indicating strong profitability despite declining revenues. The EBIT margin stands at 16.7%, and the EBITDA margin is at 28.2%, reflecting efficient operations. However, the declining revenue trend poses a risk to future profitability.

Balance Sheet

The balance sheet is robust, with a very low debt-to-equity ratio of 0.015, indicating minimal leverage risk. Return on equity is strong at 5%, showing efficient use of equity capital. The equity ratio is high at 86.2%, suggesting a solid equity base and financial stability. These factors highlight a healthy balance sheet with low risk exposure.

Cash Flow

The company exhibits strong cash flow management, with a significant improvement in free cash flow from negative to positive, marking a growth rate of 309.5%. Operating cash flow to net income ratio is favorable at 0.55, and free cash flow to net income ratio is 0.31, indicating adequate cash generation relative to earnings. The cash flow dynamics are positive, supporting operational sustainability.

Breakdown
Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
13.15B	13.71B	15.69B	16.34B	16.09B
	Gross Profit
3.17B	4.06B	5.95B	7.41B	7.23B
	EBIT
1.42B	2.29B	4.27B	5.75B	5.62B
	EBITDA
3.00B	3.86B	5.91B	7.73B	7.58B
	Net Income Common Stockholders
1.79B	5.12B	3.26B	3.11B	4.13B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
29.55B	39.33B	31.65B	33.53B	32.20B
	Total Assets
114.90B	118.55B	116.33B	112.93B	112.59B
	Total Debt
1.12B	1.53B	2.01B	2.35B	2.86B
	Net Debt
-28.36B	-37.80B	-29.64B	-31.18B	-29.34B
	Total Liabilities
14.07B	15.73B	15.93B	17.78B	18.82B
	Stockholders Equity
100.23B	102.23B	99.84B	94.56B	93.11B
Cash Flow		Free Cash Flow
0.00	1.56B	-746.00M	2.88B	1.96B
	Operating Cash Flow
0.00	2.81B	921.00M	5.14B	3.72B
	Investing Cash Flow
0.00	7.23B	-1.51B	-2.29B	-1.46B
	Financing Cash Flow
0.00	-2.36B	-1.29B	-1.52B	-2.52B

TOC Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 680.00
• 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:8841, the sentiment is Positive. The current price of 680 is above the 20-day moving average (MA) of 675.15, above the 50-day MA of 657.88, and above the 200-day MA of 642.66, indicating a bullish trend. The MACD of 3.54 indicates Positive momentum. The RSI at 55.07 is Neutral, neither overbought nor oversold. The STOCH value of 59.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8841.

TOC Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8804	76 Outperform	$565.58B	8.24	12.90%	4.29%	26.88%	75.98%
8801	74 Outperform	$3.84T	15.50	7.82%	2.17%	10.16%	11.31%
8830	72 Outperform	¥2.81T	14.66	8.93%	1.18%	4.81%	8.37%
8802	71 Outperform	$3.39T	18.28	7.53%	1.59%	4.99%	14.16%
8841	65 Neutral	€63.64B	35.23	1.75%	1.47%	-6.61%	-93.44%
8803	63 Neutral	€164.18B	15.77	7.84%	3.45%	-5.31%	19.66%
Sector *	61 Neutral	$2.83B	10.89	0.42%	9.23%	5.94%	-21.26%