Asian Star Co. (JP:8946)
:8946
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Asian Star Co.
(8946)
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Rating:62Neutral
Price Target:
¥90.00
▲(15.38% Upside)
Action:ReiteratedDate:03/03/26
The overall score of 62 for Asian Star Co. is driven primarily by mixed financial performance, with strong revenue growth offset by cash flow concerns. Positive technical indicators provide a bullish outlook, while a reasonable P/E ratio supports a neutral valuation perspective.
Positive Factors
Strong top-line growth (2025)
Sustained revenue acceleration (+26.8% in 2025) signals improving product-market fit and demand capture. Over a 2-6 month horizon, higher recurring revenue can support scale, operational leverage, and reinvestment in growth initiatives, strengthening long-term competitiveness.
Negative Factors
Negative operating and free cash flow
Profits did not convert to cash in 2025, producing operating and free cash flow deficits. Persistent cash burn strains liquidity, raises refinancing risk, and can force asset sales or costly borrowing, undermining operational continuity and capital allocation choices.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong top-line growth (2025)
Sustained revenue acceleration (+26.8% in 2025) signals improving product-market fit and demand capture. Over a 2-6 month horizon, higher recurring revenue can support scale, operational leverage, and reinvestment in growth initiatives, strengthening long-term competitiveness.
Read all positive factors
Asian Star Co. (8946) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥2.04B
Dividend YieldN/A
Average Volume (3M)173.94K
Price to Earnings (P/E)16.2
Beta (1Y)0.71
Revenue Growth85.59%
EPS Growth330.15%
CountryJP
Employees83
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)4.35
Shares Outstanding23,808,200
10 Day Avg. Volume227,120
30 Day Avg. Volume173,936
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.78
Price to Sales (P/S)0.40
P/FCF Ratio-8.48
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
Asian Star Co. Business Overview & Revenue Model
Company Description
Asian Star Co. engages in the planning, development and sale, ownership and leasing, management, and brokerage of real estate properties in Japan. The company develops and sells single-family homes and resort homes; renovates and resells condomini...
How the Company Makes Money
Asian Star Co. generates revenue through a diversified revenue model that includes direct sales of its electronic components to manufacturers, as well as retail sales of consumer electronics through various distribution channels. Key revenue strea...
Asian Star Co. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
40
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.58B | 4.54B | 3.35B | 2.13B | 2.49B | 2.54B |
| Gross Profit | 960.00M | 1.03B | 846.57M | 820.00M | 821.06M | 813.98M |
| EBITDA | 146.03M | 233.40M | 113.00M | 128.92M | 123.86M | 68.78M |
| Net Income | 33.10M | 113.09M | 18.48M | 40.95M | 55.35M | -21.52M |
Balance Sheet | ||||||
| Total Assets | 3.44B | 4.02B | 3.33B | 3.62B | 3.13B | 3.06B |
| Cash, Cash Equivalents and Short-Term Investments | 954.53M | 1.22B | 1.31B | 1.28B | 853.37M | 430.46M |
| Total Debt | 535.56M | 822.35M | 239.20M | 429.00M | 558.58M | 500.29M |
| Total Liabilities | 1.25B | 1.67B | 1.04B | 1.45B | 1.43B | 1.43B |
| Stockholders Equity | 2.11B | 2.35B | 2.22B | 2.16B | 1.70B | 1.63B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -215.50M | 556.99M | 141.00M | 444.58M | 119.03M |
| Operating Cash Flow | 0.00 | -204.60M | 568.38M | 145.00M | 455.16M | 121.17M |
| Investing Cash Flow | 0.00 | -579.93M | -266.00M | 6.92M | -73.49M | -226.53M |
| Financing Cash Flow | 0.00 | 586.58M | -282.76M | 272.81M | 89.58M | -449.49M |
Asian Star Co. Technical Analysis
Negative
78.00
Price Trends
89.16
Negative
85.23
Positive
95.11
Negative
Market Momentum
-0.93
Positive
45.50
Neutral
14.29
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8946, the sentiment is Negative. The current price of 78 is below the 20-day moving average (MA) of 88.80, below the 50-day MA of 89.16, and below the 200-day MA of 95.11, indicating a bearish trend. The MACD of -0.93 indicates Positive momentum. The RSI at 45.50 is Neutral, neither overbought nor oversold. The STOCH value of 14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8946.
Asian Star Co. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | ¥4.27B | 5.42 | ― | 0.50% | 12.29% | 139.06% | |
66 Neutral | ¥2.64B | 15.82 | ― | 2.00% | 6.86% | 10.06% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
62 Neutral | ¥2.04B | 16.15 | ― | ― | 85.59% | 330.15% | |
60 Neutral | ¥4.78B | -4.30 | ― | 2.51% | 86.49% | 83.40% | |
46 Neutral | ¥1.78B | 15.54 | ― | ― | 46.85% | 27.62% | |
45 Neutral | ¥3.15B | -26.88 | ― | 0.46% | 7.33% | -282.83% |
* Real Estate Sector Average
JP:8946
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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.