Keihan Holdings CoLtd (JP:9045)
:9045
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Keihan Holdings Co
(9045)
Select Model
Select Model
Rating:68Neutral
Price Target:
¥3,872.00
▲(15.79% Upside)
Action:DowngradedDate:10/28/25
Keihan Holdings Co's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and profitability. However, technical indicators suggest a lack of strong momentum, and cash flow challenges highlight potential liquidity issues. The valuation is reasonable, providing a balanced view of the stock's potential.
Positive Factors
Transit-oriented integrated business model
Keihan's core model ties railway operations to real estate, retail and leisure along its corridors. That integration creates durable demand capture, recurring rental/retail revenues and mutual reinforcement of ridership and property values, supporting stable long-term cash generation.
Negative Factors
Negative free cash flow trend
Capex-driven negative free cash flow reduces internal funding available for debt reduction, dividends or opportunistic investments. If elevated capex persists, the company may need external financing or cutbacks, raising medium-term liquidity and financial-flexibility risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Transit-oriented integrated business model
Keihan's core model ties railway operations to real estate, retail and leisure along its corridors. That integration creates durable demand capture, recurring rental/retail revenues and mutual reinforcement of ridership and property values, supporting stable long-term cash generation.
Read all positive factors
Keihan Holdings Co (9045) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥335.73B
Dividend Yield1.19%
Average Volume (3M)194.07K
Price to Earnings (P/E)8.7
Beta (1Y)0.43
Revenue Growth-8.30%
EPS Growth14.55%
CountryJP
Employees6,353
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)96.73
Shares Outstanding106,816,410
10 Day Avg. Volume198,110
30 Day Avg. Volume194,070
Financial Highlights & Ratios
PEG Ratio0.78
Price to Book (P/B)1.12
Price to Sales (P/S)1.09
P/FCF Ratio-19.65
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)296.39
Revenue Forecast (FY)¥334.05B
Keihan Holdings Co Business Overview & Revenue Model
Company Description
Keihan Holdings Co., Ltd. engages in the transportation and various other businesses in Japan. It operates through five segments: Transportation, Real Estate, Retail Distribution, Leisure and Service, and Others. The Transportation segment primari...
How the Company Makes Money
Keihan Holdings generates revenue primarily through its railway operations, which include passenger fares collected from its extensive train services. This is complemented by income from real estate activities, where the company develops and lease...
Keihan Holdings Co Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
75
Positive
Cash Flow
68
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 305.42B | 313.55B | 302.15B | 260.07B | 258.12B | 253.42B |
| Gross Profit | 93.02B | 91.81B | 79.00B | 63.55B | 53.86B | 40.62B |
| EBITDA | 67.90B | 65.71B | 56.99B | 40.72B | 41.08B | 24.39B |
| Net Income | 28.54B | 28.27B | 24.89B | 17.62B | 9.59B | -4.57B |
Balance Sheet | ||||||
| Total Assets | 868.50B | 873.20B | 833.54B | 786.70B | 748.77B | 769.81B |
| Cash, Cash Equivalents and Short-Term Investments | 18.04B | 15.80B | 23.00B | 16.86B | 21.76B | 27.34B |
| Total Debt | 401.64B | 382.87B | 349.31B | 353.46B | 349.92B | 356.81B |
| Total Liabilities | 550.80B | 558.69B | 528.72B | 513.19B | 492.89B | 521.21B |
| Stockholders Equity | 310.18B | 307.33B | 298.59B | 268.37B | 251.36B | 244.46B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -17.45B | 7.93B | -2.93B | 235.00M | -13.23B |
| Operating Cash Flow | 0.00 | 44.01B | 40.83B | 16.93B | 21.67B | 15.28B |
| Investing Cash Flow | 0.00 | -63.20B | -26.93B | -13.11B | -17.64B | -24.94B |
| Financing Cash Flow | 0.00 | 10.20B | -7.86B | -7.43B | -10.26B | 21.30B |
Keihan Holdings Co Technical Analysis
Positive
3344.00
Price Trends
3300.56
Positive
3282.78
Positive
3202.37
Positive
Market Momentum
23.45
Negative
55.87
Neutral
53.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9045, the sentiment is Positive. The current price of 3344 is above the 20-day moving average (MA) of 3259.04, above the 50-day MA of 3300.56, and above the 200-day MA of 3202.37, indicating a bullish trend. The MACD of 23.45 indicates Negative momentum. The RSI at 55.87 is Neutral, neither overbought nor oversold. The STOCH value of 53.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9045.
Keihan Holdings Co Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥476.02B | 10.33 | 9.06% | 2.62% | 6.97% | 8.61% | |
70 Outperform | ¥1.13T | 11.74 | 6.64% | 2.07% | 11.89% | -3.98% | |
68 Neutral | ¥335.73B | 8.73 | 8.87% | 1.19% | -8.30% | 14.55% | |
67 Neutral | ¥1.07T | 22.55 | ― | 1.05% | 85.03% | 198.15% | |
66 Neutral | ¥350.72B | 7.48 | ― | 2.26% | 6.13% | -23.73% | |
64 Neutral | ¥626.28B | 8.73 | 8.64% | 1.82% | 3.90% | 5.62% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
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Keihan Holdings Co Corporate Events
Keihan Holdings Lifts Profit and Strengthens Balance Sheet Despite Revenue Dip
Feb 6, 2026
Keihan Holdings reported consolidated operating revenue of ¥225.7 billion for the nine months to December 31, 2025, down 3.5% year on year, while operating profit slipped 0.8% to ¥36.3 billion and ordinary profit fell 2.2% to ¥35.1 ...
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.