FJ NEXT HOLDINGS CO. LTD. (8935) AI Stock Analysis

• Market Cap: ¥49.26B
• Dividend Yield: 3.59%
• Average Volume (3M): 52.79K
• Price to Earnings (P/E): 6.4
• Beta (1Y): 0.64
• Revenue Growth: 15.82%
• EPS Growth: 22.32%
• Country: JP
• Employees: 557
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 49.68
• Shares Outstanding: 34,646,500
• 10 Day Avg. Volume: 39,130
• 30 Day Avg. Volume: 52,790
• PEG Ratio: 14.72
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.35
• P/FCF Ratio: -2.80
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ¥1,745.00 ▲(19.85% Upside)

The stock's strong valuation and financial performance are the primary drivers of its score. While the company shows robust profitability and low leverage, cash flow variability is a concern. Technical indicators support a positive trend, enhancing the stock's attractiveness.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, enhancing long-term financial stability.

Profitability

Stable profit margins reflect efficient operations and pricing power, supporting sustainable earnings and competitive advantage.

Low Leverage

Low leverage enhances financial flexibility, reducing risk and enabling strategic investments without excessive debt burden.

Negative Factors

Cash Flow Variability

Volatile cash flow can strain liquidity and limit the ability to fund operations and growth, posing a risk to financial health.

Asset Management Volatility

Fluctuations in asset management may indicate inefficiencies or risks in asset utilization, impacting long-term stability.

Cash Management Concerns

Inconsistent cash flow generation can hinder the company's ability to invest in growth and maintain financial health over time.

FJ NEXT HOLDINGS CO. LTD. Business Overview & Revenue Model

Company Description

FJ NEXT HOLDINGS CO. LTD. (8935) is a diversified company based in Japan, primarily engaged in the real estate sector. The company operates in the real estate development, leasing, and management segments, focusing on both residential and commercial properties. FJ NEXT is known for its commitment to quality construction, innovative design, and sustainable development practices, catering to a broad range of clients and investors in the real estate market.

How the Company Makes Money

FJ NEXT HOLDINGS generates revenue primarily through the development and leasing of residential and commercial properties. Its revenue model is centered around the sale of newly constructed homes, rental income from leased properties, and property management fees. The company also engages in real estate investment projects, which contribute to its earnings through appreciation in property values and returns on investment. Key partnerships with construction firms and financial institutions enhance its operational capabilities and financial stability, allowing it to undertake larger projects and access funding for development initiatives.

FJ NEXT HOLDINGS CO. LTD. Financial Statement Overview

Summary

The company demonstrates strong revenue growth and profitability with a robust equity position and low leverage. However, cash flow variability poses potential risks, necessitating attention to cash management for long-term sustainability.

Income Statement

The company has shown consistent revenue growth over the years, with a significant increase from 2024 to 2025. Gross profit margin is stable, and there is a consistent net profit margin, indicating good profitability. The EBIT and EBITDA margins reflect strong operating efficiency and cash flow generation from operations.

Balance Sheet

The balance sheet reveals a strong equity base with a steady increase in stockholders' equity over the years. The debt-to-equity ratio is low, indicating financial stability and low leverage risk. However, the company's total assets to total liabilities have fluctuated, reflecting potential volatility in asset management.

Cash Flow

The cash flow statement shows variability, with a significant negative operating cash flow in 2025. While there was a positive free cash flow in 2024, the volatility in cash flow from year to year raises concerns about cash management. The company needs to stabilize its cash flow generation to ensure long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	120.03B	112.43B	100.41B	84.69B	82.26B	72.99B
Gross Profit	22.75B	20.64B	20.17B	18.85B	19.74B	17.11B
EBITDA	11.60B	9.85B	9.79B	8.62B	9.50B	7.73B
Net Income	7.70B	6.48B	6.45B	5.62B	6.34B	4.98B
Balance Sheet
Total Assets	107.00B	105.48B	95.28B	88.94B	82.66B	84.38B
Cash, Cash Equivalents and Short-Term Investments	28.38B	24.47B	34.60B	32.25B	35.59B	23.14B
Total Debt	18.95B	18.23B	12.75B	13.47B	12.64B	20.82B
Total Liabilities	33.00B	32.55B	27.25B	25.92B	23.74B	30.51B
Stockholders Equity	74.00B	72.92B	68.03B	63.02B	58.92B	53.87B
Cash Flow
Free Cash Flow	0.00	-13.98B	4.62B	-4.57B	22.12B	7.87B
Operating Cash Flow	0.00	-13.88B	4.67B	-4.53B	22.21B	8.07B
Investing Cash Flow	0.00	4.91B	-5.04B	1.93B	7.00M	-89.00M
Financing Cash Flow	0.00	3.84B	-2.29B	-738.00M	-9.68B	-6.78B

FJ NEXT HOLDINGS CO. LTD. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1456.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8935, the sentiment is Negative. The current price of 1456 is below the 20-day moving average (MA) of 1461.50, below the 50-day MA of 1510.60, and above the 200-day MA of 1295.51, indicating a neutral trend. The MACD of -10.99 indicates Negative momentum. The RSI at 43.93 is Neutral, neither overbought nor oversold. The STOCH value of 57.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8935.

FJ NEXT HOLDINGS CO. LTD. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8935	76 Outperform	¥49.26B	6.41	―	3.59%	15.82%	22.32%
2975	76 Outperform	¥38.69B	9.73	―	2.93%	21.69%	30.92%
8864	70 Outperform	¥51.79B	28.22	―	2.00%	26.99%	-26.97%
3245	66 Neutral	¥45.88B	10.75	―	5.78%	67.46%	68.56%
3486	66 Neutral	¥42.16B	7.40	―	6.27%	81.19%	250.41%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
3252	62 Neutral	¥61.80B	16.26	―	3.02%	-3.09%	-35.66%