Asia Air Survey Co., Ltd. (9233) AI Stock Analysis

• Market Cap: ¥21.58B
• Dividend Yield: 4.39%
• Average Volume (3M): 21.01K
• Price to Earnings (P/E): 16.0
• Beta (1Y): 0.24
• Revenue Growth: 6.44%
• EPS Growth: -25.60%
• Country: JP
• Employees: 1,762
• Sector: Industrials
• Sector Strength: 84
• Industry: Engineering & Construction
• EPS (TTM): 151.48
• Shares Outstanding: 18,614,000
• 10 Day Avg. Volume: 21,110
• 30 Day Avg. Volume: 21,013
• 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: ¥1,261.00
• Price Target Upside: 4.21% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: ¥1,261.00 ▲(4.21% Upside)

The company's strong financial performance, marked by revenue growth and a stable balance sheet, drives the stock score. Valuation metrics are favorable due to a reasonable P/E ratio and high dividend yield. Technical indicators show stable trading patterns, reinforcing the stock's solid position. However, cash flow management remains an area for improvement.

Asia Air Survey Co., Ltd. Business Overview & Revenue Model

Company Description

Asia Air Survey Co., Ltd. (9233) is a Japan-based company specializing in aerial surveying and related services. The company operates in sectors including geospatial information, environmental consulting, and construction consulting. It provides a range of products and services such as aerial photography, 3D mapping, geographic information systems (GIS), and disaster prevention solutions.

How the Company Makes Money

Asia Air Survey Co., Ltd. generates revenue through its diverse service offerings in aerial surveying and geospatial information systems. The company earns money by providing aerial photography and 3D mapping services to various industries, including construction, urban planning, and environmental management. Key revenue streams include contracts with government agencies for disaster prevention and infrastructure projects, as well as partnerships with private sector companies for GIS applications and environmental consulting services. These projects often involve long-term contracts and collaborations, which provide a stable income source for the company.

Asia Air Survey Co., Ltd. Financial Statement Overview

Summary

Strong revenue growth and operational efficiency are evident, with a robust balance sheet. However, recent cash flow challenges highlight a need for improved cash management to sustain future growth.

Income Statement

Asia Air Survey Co., Ltd. shows strong income statement metrics with a consistent revenue growth trend, reaching 20.6% from 2022 to 2023 and a slight increase in gross profit margin. The EBIT and EBITDA margins are healthy, indicating good control over operational expenses. However, the net profit margin shows minor fluctuations, reflecting some variability in net income management.

Balance Sheet

The company's balance sheet reveals a solid equity position with a growing stockholders' equity, accounting for 53.3% of total assets. The debt-to-equity ratio is moderate, indicating balanced leverage. However, the equity ratio shows a slight decline from last year, suggesting a need to monitor liabilities closely. Overall, the company maintains stability with manageable risk.

Cash Flow

Cash flow metrics for Asia Air Survey Co., Ltd. are mixed, with periods of negative free cash flow indicating potential cash management challenges. The operating cash flow to net income ratio was not calculable for the latest period, pointing to a need for improved operational cash generation. Previous periods show better cash flow alignment, but recent trends suggest careful monitoring.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	40.27B	37.30B	33.67B	32.51B	30.12B
Gross Profit	10.98B	9.97B	9.28B	8.63B	7.76B
EBITDA	4.78B	4.45B	4.07B	3.85B	3.56B
Net Income	1.90B	1.85B	1.73B	1.73B	1.75B
Balance Sheet
Total Assets	36.41B	33.69B	31.53B	28.91B	27.99B
Cash, Cash Equivalents and Short-Term Investments	6.83B	8.09B	5.52B	7.07B	5.56B
Total Debt	3.72B	2.43B	2.23B	2.39B	2.15B
Total Liabilities	15.21B	13.67B	13.14B	11.63B	12.35B
Stockholders Equity	20.95B	19.79B	18.19B	17.09B	15.48B
Cash Flow
Free Cash Flow	-952.33M	3.02B	-813.41M	2.10B	1.07B
Operating Cash Flow	594.12M	4.91B	878.36M	3.18B	2.49B
Investing Cash Flow	-2.18B	-1.86B	-1.64B	-1.30B	-1.21B
Financing Cash Flow	102.58M	-480.57M	-794.86M	-378.15M	-437.74M

Asia Air Survey Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1210.00
• 50DMA: Positive
• 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:9233, the sentiment is Positive. The current price of 1210 is above the 20-day moving average (MA) of 1182.00, above the 50-day MA of 1155.84, and above the 200-day MA of 1117.59, indicating a bullish trend. The MACD of 13.23 indicates Negative momentum. The RSI at 64.64 is Neutral, neither overbought nor oversold. The STOCH value of 75.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9233.

Asia Air Survey Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9768	81 Outperform	¥21.60B	10.39		2.83%	4.91%	8.67%
1948	77 Outperform	¥20.98B	7.58		3.57%	12.22%	137.16%
9233	76 Outperform	¥21.58B	15.99		4.39%	6.44%	-25.60%
1870	76 Outperform	¥88.14B	11.55		2.79%	17.42%	-12.69%
2153	76 Outperform	¥33.15B	9.02		3.68%	0.39%	-12.13%
9765	76 Outperform	¥15.79B	12.62		4.02%	6.59%	-0.46%
Sector *	60 Neutral	kr41.58B	12.28	-0.38%	2.20%	1.33%	-2.77%