Keisei Electric Railway Co Ltd (JP:9009)
:9009
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Keisei Electric Railway Co
(9009)
Select Model
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Rating:72Outperform
Price Target:
¥1,331.00
▲(2.74% Upside)
Action:ReiteratedDate:10/10/25
Keisei Electric Railway Co's strong financial performance and attractive valuation are the primary drivers of its stock score. However, technical indicators suggest a neutral market position, and cash flow challenges could pose risks if not addressed.
Positive Factors
Diversified revenue streams
Keisei's business model spans core railway passenger services, airport access, bus operations, real estate development and station-area life services. This diversification stabilizes revenue across cycles, leverages transit-oriented assets, and reduces sole dependence on passenger volume swings over months to years.
Negative Factors
Declining operating cash flow
A meaningful drop in operating cash flow reduces the firm's internal funding available for capex, debt servicing and dividends. If operating cash conversion remains depressed over several quarters, Keisei may need to rely more on external financing or asset monetization, eroding financial resilience.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue streams
Keisei's business model spans core railway passenger services, airport access, bus operations, real estate development and station-area life services. This diversification stabilizes revenue across cycles, leverages transit-oriented assets, and reduces sole dependence on passenger volume swings over months to years.
Read all positive factors
Keisei Electric Railway Co (9009) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥627.07B
Dividend Yield1.5%
Average Volume (3M)1.25M
Price to Earnings (P/E)8.3
Beta (1Y)0.65
Revenue Growth6.30%
EPS Growth-16.29%
CountryJP
Employees12,283
SectorIndustrials
Sector Strength72
IndustryRailroads
Share Statistics
EPS (TTM)38.66
Shares Outstanding517,233,600
10 Day Avg. Volume1,049,760
30 Day Avg. Volume1,251,646
Financial Highlights & Ratios
PEG Ratio-0.52
Price to Book (P/B)1.29
Price to Sales (P/S)2.06
P/FCF Ratio-29.80
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)93.94
Revenue Forecast (FY)¥332.10B
Keisei Electric Railway Co Business Overview & Revenue Model
Company Description
Keisei Electric Railway Co., Ltd. provides public transportation services in Japan. The company offers railway transportation services between Narita airport and downtown Tokyo, as well as onward to Haneda airport. It also operates buses; and prov...
How the Company Makes Money
Keisei Electric Railway makes money primarily by operating transportation and related businesses that generate recurring service revenue, supplemented by property and ancillary businesses tied to its rail corridors and stations. Key revenue stream...
Keisei Electric Railway Co Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 322.35B | 319.31B | 296.51B | 252.34B | 214.16B | 207.76B |
| Gross Profit | 87.31B | 81.39B | 67.56B | 47.39B | 33.12B | 18.66B |
| EBITDA | 66.37B | 68.61B | 58.59B | 41.85B | 25.28B | 12.18B |
| Net Income | 69.36B | 69.96B | 87.66B | 26.93B | -4.44B | -30.29B |
Balance Sheet | ||||||
| Total Assets | 1.09T | 1.09T | 1.06T | 965.57B | 900.35B | 900.70B |
| Cash, Cash Equivalents and Short-Term Investments | 46.73B | 51.53B | 82.46B | 34.61B | 25.51B | 29.13B |
| Total Debt | 395.60B | 329.40B | 398.34B | 396.53B | 379.32B | 370.23B |
| Total Liabilities | 560.65B | 569.46B | 595.04B | 554.62B | 512.64B | 504.65B |
| Stockholders Equity | 517.34B | 508.99B | 451.62B | 394.91B | 369.76B | 378.64B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -22.05B | 5.51B | 14.41B | -9.40B | -24.07B |
| Operating Cash Flow | 0.00 | 41.15B | 60.05B | 47.24B | 28.83B | 9.28B |
| Investing Cash Flow | 0.00 | -9.24B | 28.14B | -29.50B | -33.76B | -28.68B |
| Financing Cash Flow | 0.00 | -62.87B | -40.26B | -20.92B | 1.24B | 21.50B |
Keisei Electric Railway Co Technical Analysis
Negative
1295.50
Price Trends
1270.76
Negative
1266.55
Negative
1297.88
Negative
Market Momentum
-21.75
Positive
40.50
Neutral
20.90
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9009, the sentiment is Negative. The current price of 1295.5 is above the 20-day moving average (MA) of 1264.92, above the 50-day MA of 1270.76, and below the 200-day MA of 1297.88, indicating a bearish trend. The MACD of -21.75 indicates Positive momentum. The RSI at 40.50 is Neutral, neither overbought nor oversold. The STOCH value of 20.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9009.
Keisei Electric Railway Co Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥4.13T | 16.15 | 7.85% | 1.69% | 4.61% | 5.75% | |
72 Outperform | ¥627.07B | 8.33 | 13.92% | 1.50% | 6.30% | -16.29% | |
72 Outperform | ¥352.18B | 9.85 | ― | 1.61% | 6.55% | -12.49% | |
65 Neutral | ¥593.27B | 12.46 | 8.51% | 2.96% | -2.82% | -50.73% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | ¥571.36B | 5.46 | 9.94% | 2.49% | 1.72% | 10.19% | |
59 Neutral | ¥590.06B | 8.46 | 9.26% | 2.68% | 10.39% | 32.43% |
* Industrials Sector Average
JP:9009
Keisei Electric Railway Co
1,235.00
-197.80
-13.80%
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Keisei Electric Railway Co Corporate Events
Keisei Electric Railway Lifts Revenue but Warns of Sharper Profit Decline
Jan 30, 2026
Keisei Electric Railway reported a 3.9% year-on-year increase in consolidated operating revenue to ¥247.6 billion for the nine months ended December 31, 2025, but operating profit fell 4.1% to ¥31.5 billion and ordinary profit slipped 2....
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.