Tokai Kisen Co., Ltd. (9173) AI Stock Analysis

• Market Cap: ¥6.55B
• Dividend Yield: 0.33%
• Average Volume (3M): 1.20K
• Price to Earnings (P/E): 17.6
• Beta (1Y): 0.03
• Revenue Growth: 10.77%
• EPS Growth: N/A
• Country: JP
• Employees: 365
• Sector: Industrials
• Sector Strength: 84
• Industry: Marine Shipping
• EPS (TTM): -27.67
• Shares Outstanding: 2,200,000
• 10 Day Avg. Volume: 1,000
• 30 Day Avg. Volume: 1,196
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: ¥3,244.00 ▲(7.95% Upside)

Tokai Kisen Co., Ltd. demonstrates strong financial performance with improved revenue growth and profitability, supported by effective cash management. Technical indicators suggest stable market conditions without significant overbought or oversold signals. Valuation metrics indicate the stock is fairly valued, though the dividend yield is modest. The absence of earnings call data and corporate events limits additional insights.

Tokai Kisen Co., Ltd. Business Overview & Revenue Model

Company Description

Tokai Kisen Co., Ltd. (9173) is a Japanese transportation company primarily engaged in the maritime transport sector. The company offers passenger ferry services, connecting Tokyo with various islands in the Izu archipelago. Apart from ferry operations, Tokai Kisen also provides cargo shipping services and operates related facilities, including terminal operations and travel services.

How the Company Makes Money

Tokai Kisen Co., Ltd. generates revenue through its passenger ferry services, which are a major source of income. The company charges fares for transporting individuals between Tokyo and the Izu Islands, catering to both tourists and local residents. Additionally, Tokai Kisen earns money by providing cargo shipping services, where they transport goods between islands and the mainland. Ancillary services, such as terminal operations and travel packages, also contribute to the company's earnings, enhancing the overall customer experience and encouraging travel on their routes. Partnerships with local tourism boards and hospitality providers may further boost their revenue by promoting travel to the islands.

Tokai Kisen Co., Ltd. Financial Statement Overview

Summary

Tokai Kisen Co., Ltd. has demonstrated solid revenue growth with a 10.83% increase from 2023 to 2024. The gross profit margin improved significantly, indicating enhanced operational efficiency. The company turned around its net income from a loss to a positive net profit margin, with improved EBIT and EBITDA margins. However, there is historical volatility in net income and EBIT, indicating potential risks. The balance sheet shows reduced leverage and better equity returns, though high debt-to-equity ratio remains a concern. Strong cash flow performance highlights effective cash management and supports future growth prospects.

Income Statement

Tokai Kisen Co., Ltd. has demonstrated solid revenue growth with a 10.83% increase from 2023 to 2024. The gross profit margin improved significantly to 13.84% in 2024 from 5.72% in 2023, indicating enhanced operational efficiency. The company turned around its net income from a loss in 2023 to a positive net profit margin of 2.01% in 2024. EBIT and EBITDA margins also saw improvements, suggesting better profitability and cash flow generation from core operations. However, historical volatility in net income and EBIT indicates potential risks.

Balance Sheet

The debt-to-equity ratio decreased to 2.49 in 2024 from 2.92 in 2023, reflecting a decrease in leverage and a more stable financial structure. The return on equity improved to 6.14% in 2024, which indicates better utilization of shareholder investments. However, the equity ratio remains relatively low at 21.20%, suggesting limited equity buffer against liabilities. Despite improvements, high leverage compared to equity could pose financial risks.

Cash Flow

Operating cash flow increased significantly to 2.23 billion yen in 2024, showcasing strong operational cash generation. The free cash flow saw a remarkable increase to 1.46 billion yen, indicating robust cash management and investment efficiency. The operating cash flow to net income ratio was favorable, highlighting effective conversion of profits into cash. A consistent positive trend in free cash flow points to financial stability and future growth potential.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.60B	13.18B	13.93B	10.81B	8.97B
Gross Profit	2.02B	753.36M	1.92B	1.38B	754.08M
EBITDA	1.99B	832.27M	1.76B	1.54B	587.69M
Net Income	293.64M	-580.62M	180.75M	-78.27M	-328.21M
Balance Sheet
Total Assets	22.51B	22.48B	23.71B	23.86B	21.43B
Cash, Cash Equivalents and Short-Term Investments	5.10B	4.36B	4.86B	3.87B	2.03B
Total Debt	11.89B	12.81B	13.55B	14.24B	13.40B
Total Liabilities	16.15B	16.61B	17.37B	17.74B	16.59B
Stockholders Equity	4.77B	4.39B	4.88B	4.72B	4.77B
Cash Flow
Free Cash Flow	1.42B	7.89M	1.51B	1.03B	-4.89B
Operating Cash Flow	2.23B	388.38M	2.14B	1.52B	-726.63M
Investing Cash Flow	-556.34M	-147.76M	-455.94M	1.53B	-2.12B
Financing Cash Flow	-926.19M	-744.41M	-692.96M	-1.27B	3.34B

Tokai Kisen Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3005.00
• 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:9173, the sentiment is Negative. The current price of 3005 is above the 20-day moving average (MA) of 2968.05, above the 50-day MA of 2973.60, and above the 200-day MA of 2858.91, indicating a neutral trend. The MACD of 4.62 indicates Negative momentum. The RSI at 43.44 is Neutral, neither overbought nor oversold. The STOCH value of 53.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9173.

Tokai Kisen Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9367	81 Outperform	¥6.78B	10.90		3.06%	4.43%	15.24%
9171	79 Outperform	¥14.22B	7.04		2.21%	8.56%	20.97%
9193	70 Outperform	¥9.55B	4.62		5.24%	-3.79%	256.85%
9130	69 Neutral	¥8.09B	8.60		3.78%	8.21%	-80.26%
9173	68 Neutral	¥6.55B	17.60		0.33%	10.77%	―
9380	67 Neutral	¥9.49B	16.25		2.09%	-0.87%	81.58%
Sector *	66 Neutral	£2.71B	12.65	3.89%	3.23%	2.72%	-23.08%