ProjectHoldings.Inc. (9246) AI Stock Analysis

• Market Cap: ¥7.53B
• Dividend Yield: N/A
• Average Volume (3M): 3.47K
• Price to Earnings (P/E): 35.7
• Beta (1Y): 0.90
• Revenue Growth: -16.32%
• EPS Growth: -181.28%
• Country: JP
• Employees: 255
• Sector: Industrials
• Sector Strength: 75
• Industry: Consulting Services
• EPS (TTM): -5.74
• Shares Outstanding: 5,902,450
• 10 Day Avg. Volume: 2,520
• 30 Day Avg. Volume: 3,473
• 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: ¥1,223.00
• Price Target Upside: -7.00% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: ¥1,223.00 ▼(-7.00% Downside)

The most significant factors affecting the stock score are the poor financial performance and weak valuation metrics. The technical analysis shows some bearish trends but is less significant compared to the financial challenges. The absence of earnings call data and corporate events limits further insights into potential future performance.

ProjectHoldings.Inc. Business Overview & Revenue Model

Company Description

ProjectHoldings.Inc. (9246) is a diversified holding company that operates across multiple sectors, including technology, real estate, and renewable energy. The company focuses on investing in innovative projects and startups, providing strategic guidance and capital to drive growth in emerging markets. Its core services include project management, consultancy, and asset management, enabling it to leverage its expertise to enhance the performance and value of its portfolio companies.

How the Company Makes Money

ProjectHoldings.Inc. generates revenue primarily through equity stakes in its portfolio companies, earning income from dividends and capital gains as these companies grow and increase in value. Additional revenue streams include consultancy fees for project management and advisory services provided to startups and established businesses. The company also benefits from strategic partnerships with other firms and investors, enabling it to access new markets and technologies, while enhancing its overall portfolio performance.

ProjectHoldings.Inc. Financial Statement Overview

Summary

ProjectHoldings, Inc. is experiencing significant financial difficulties. The income statement reveals a notable decline in revenue and profitability, with a net loss and decreased profit margins. The cash flow situation is concerning, with negative operating and free cash flow, indicating a major cash outflow challenge. The balance sheet remains relatively stable, with sufficient cash reserves, but overall financial health is compromised.

Income Statement

The income statement shows a significant decline in revenues and profitability in the latest year, with a revenue drop from 6,283.8 million to 5,279 million and a net loss of 393 million compared to a net income of 587.9 million in the previous year. The gross profit margin decreased from 38.4% to 33.3%, and EBIT margin turned negative at -3.5% from a positive 13.6%. The company is facing challenges in maintaining profit margins and revenue growth, impacting its financial health considerably.

Balance Sheet

The balance sheet reflects a stable equity position with stockholders' equity of 2,241 million, albeit reduced from the previous year's 2,652.5 million. The debt-to-equity ratio increased slightly to 0.99, indicating a moderate use of leverage. The equity ratio decreased from 47% to 40.4%, suggesting a heavier reliance on liabilities. Despite a decrease in total assets, the company maintains a solid cash position, which can provide some stability amid income challenges.

Cash Flow

The cash flow statement indicates a troubling situation, with operating cash flow turning negative at -131 million from a positive 452.5 million. Free cash flow also turned negative, dropping to -731 million from 427.1 million, suggesting a significant cash outflow challenge. The company needs to address cash generation issues to ensure sustainable operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.28B	6.28B	4.35B	2.14B	1.10B
Gross Profit	1.76B	2.41B	1.84B	1.01B	530.08M
EBITDA	46.00M	1.02B	1.01B	523.88M	187.74M
Net Income	-393.00M	587.85M	676.81M	359.74M	114.00M
Balance Sheet
Total Assets	5.54B	5.71B	4.29B	2.78B	1.06B
Cash, Cash Equivalents and Short-Term Investments	2.62B	2.77B	2.22B	2.25B	710.41M
Total Debt	2.23B	2.24B	668.42M	280.07M	384.16M
Total Liabilities	3.30B	3.06B	1.48B	696.37M	582.56M
Stockholders Equity	2.24B	2.65B	2.81B	2.09B	479.11M
Cash Flow
Free Cash Flow	-732.07M	427.11M	756.92M	402.43M	143.17M
Operating Cash Flow	-131.97M	452.53M	782.66M	427.35M	155.62M
Investing Cash Flow	6.04M	-706.68M	-1.22B	-25.22M	-83.17M
Financing Cash Flow	-21.83M	730.53M	407.81M	1.14B	307.26M

ProjectHoldings.Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1315.00
• 50DMA: Positive
• 100DMA: Negative
• 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:9246, the sentiment is Positive. The current price of 1315 is above the 20-day moving average (MA) of 1263.90, above the 50-day MA of 1263.12, and above the 200-day MA of 1159.35, indicating a bullish trend. The MACD of 10.40 indicates Negative momentum. The RSI at 50.67 is Neutral, neither overbought nor oversold. The STOCH value of 70.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9246.

ProjectHoldings.Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7039	76 Outperform	¥7.47B	10.08		3.01%	11.81%	13.05%
7379	71 Outperform	¥7.60B	30.65		―	0.66%	14.40%
4490	66 Neutral	¥6.93B	16.06		―	3.77%	―
6560	65 Neutral	¥10.87B	12.72		1.27%	16.18%	68.41%
7034	65 Neutral	¥7.64B	35.49		―	125.74%	-109.66%
Sector *	63 Neutral	$10.80B	16.70	6.58%	2.07%	2.48%	-16.85%
9246	46 Neutral	¥7.53B	35.73		―	-16.32%	-181.28%

ProjectHoldings.Inc. Corporate Events

ProjectHoldings, Inc. Reports Improved Profitability Despite Sales Decline

ProjectHoldings, Inc. reported its financial results for the first quarter ending March 31, 2025, showing a decline in net sales by 4.7% compared to the previous year. Despite this, the company achieved a turnaround in profitability with an operating profit of 76 million yen and a profit attributable to owners of 42 million yen, indicating improved financial health and operational efficiency. The equity ratio also improved to 42.2%, reflecting a stronger financial position. However, the company maintained a forecast of zero dividends for the fiscal year ending December 31, 2025, and projected a slight increase in net sales for the full year.