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Hiroshima Electric Railway Co., Ltd.
(9033)
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Rating:50Neutral
Price Target:
¥609.00
▲(0.33% Upside)
Action:Reiterated
Date:05/16/26
The score is held back primarily by weak operating profitability and especially inconsistent cash flow (frequently negative free cash flow and low operating cash flow versus debt). Technicals also point to a weak trend with bearish momentum. Valuation is moderate (P/E 16.2) but the dividend yield is low, offering limited support.
Positive Factors
Re-accelerating revenue growth
An 11.5% revenue increase in FY2026 reflects recovering or expanding passenger volumes and demand for core tram services. Sustained top-line growth supports capacity to invest in service quality and network upkeep, bolstering long-term operational viability if trend continues.
Negative Factors
Persistent negative operating profit
Negative EBIT in consecutive years shows core operations fail to cover operating costs before financing and taxes. Without structural changes to cost base, pricing, or volumes, sustained negative operating profit undermines long-term earnings power and heightens reliance on non‑operating items or balance sheet support.
Read all positive and negative factors
Positive Factors
Negative Factors
Re-accelerating revenue growth
An 11.5% revenue increase in FY2026 reflects recovering or expanding passenger volumes and demand for core tram services. Sustained top-line growth supports capacity to invest in service quality and network upkeep, bolstering long-term operational viability if trend continues.
Read all positive factors
Hiroshima Electric Railway Co., Ltd. (9033) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥19.10B
Dividend Yield1.33%
Average Volume (3M)21.40K
Price to Earnings (P/E)16.3
Beta (1Y)0.23
Revenue Growth11.16%
EPS Growth-16.06%
CountryJP
Employees2,180
SectorGeneral
Sector StrengthN/A
IndustryRailroads
Share Statistics
EPS (TTM)38.11
Shares Outstanding30,445,500
10 Day Avg. Volume32,210
30 Day Avg. Volume21,403
Financial Highlights & Ratios
PEG Ratio-1.01
Price to Book (P/B)0.42
Price to Sales (P/S)0.50
P/FCF Ratio-5.56
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
Hiroshima Electric Railway Co., Ltd. Business Overview & Revenue Model
Company Description
Hiroshima Electric Railway Co., Ltd. operates a diverse range of services in Japan, primarily encompassing bus and railway transportation. Beyond transit, the company also engages in real estate, including the sale of condominiums and residential ...
How the Company Makes Money
Hiroshima Electric Railway generates revenue primarily by transporting passengers on its streetcar (tram) network and related transit services. Key revenue streams include (1) passenger fares collected from riders using single-ride tickets and com...
Hiroshima Electric Railway Co., Ltd. Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
63
Positive
Cash Flow
38
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 37.47B | 33.71B | 30.47B | 27.45B | 27.39B |
| Gross Profit | 6.37B | 4.65B | 4.46B | 1.99B | 765.00M |
| EBITDA | 5.07B | 4.01B | 3.62B | 3.90B | 1.78B |
| Net Income | 1.16B | 1.38B | 656.00M | 943.00M | -1.05B |
Balance Sheet | |||||
| Total Assets | 108.72B | 104.08B | 98.40B | 94.11B | 92.50B |
| Cash, Cash Equivalents and Short-Term Investments | 3.27B | 4.05B | 3.97B | 4.45B | 5.29B |
| Total Debt | 30.58B | 28.36B | 26.54B | 28.31B | 27.17B |
| Total Liabilities | 63.20B | 61.32B | 56.79B | 54.88B | 53.81B |
| Stockholders Equity | 44.37B | 41.72B | 40.65B | 38.36B | 37.81B |
Cash Flow | |||||
| Free Cash Flow | -3.38B | -2.27B | 1.61B | -3.95B | -4.87B |
| Operating Cash Flow | 1.71B | 5.08B | 5.53B | 449.00M | -1.12B |
| Investing Cash Flow | -4.31B | -5.57B | -3.65B | -2.15B | -3.56B |
| Financing Cash Flow | 1.78B | 604.00M | -2.36B | 894.00M | 4.66B |
Hiroshima Electric Railway Co., Ltd. Technical Analysis
Negative
607.00
Price Trends
618.00
Positive
626.27
Negative
617.90
Positive
Market Momentum
2.58
Positive
47.53
Neutral
65.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9033, the sentiment is Negative. The current price of 607 is below the 20-day moving average (MA) of 622.95, below the 50-day MA of 618.00, and below the 200-day MA of 617.90, indicating a neutral trend. The MACD of 2.58 indicates Positive momentum. The RSI at 47.53 is Neutral, neither overbought nor oversold. The STOCH value of 65.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9033.
Hiroshima Electric Railway Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥13.99B | 7.63 | ― | 0.26% | 2.92% | 5.59% | |
62 Neutral | ¥322.80B | 12.98 | ― | 1.61% | 1.51% | 14.49% | |
60 Neutral | ¥44.20B | 10.91 | ― | 2.17% | 4.27% | 33.45% | |
58 Neutral | ¥236.89B | 7.05 | 12.70% | 1.68% | 6.91% | 58.54% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ¥19.42B | 13.07 | ― | 0.81% | 5.49% | 29.14% | |
50 Neutral | ¥19.10B | 16.27 | ― | 1.33% | 11.16% | -16.06% |
* General Sector Average
JP:9033
Hiroshima Electric Railway Co., Ltd.
620.00
7.76
1.27%
JP:9031
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2.97%
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.