ProjectHoldings.Inc. (9246) AI Stock Analysis

• Market Cap: ¥7.27B
• Dividend Yield: N/A
• Average Volume (3M): 2.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: -10.31%
• EPS Growth: -222.31%
• Country: JP
• Employees: 255
• Sector: Industrials
• Sector Strength: 72
• Industry: Consulting Services
• EPS (TTM): -5.74
• Shares Outstanding: 5,902,450
• 10 Day Avg. Volume: 1,260
• 30 Day Avg. Volume: 2,283
• PEG Ratio: 0.08
• Price to Book (P/B): 2.42
• Price to Sales (P/S): 1.03
• P/FCF Ratio: -7.40
• 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: 47 Neutral
• Price Target: ¥1,277.00 ▲(4.59% Upside)

The overall stock score is primarily impacted by the company's weak financial performance and challenging valuation metrics. Technical analysis suggests potential for a reversal, but current momentum is bearish. The absence of earnings call data and corporate events leaves these areas unaddressed.

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

The company is experiencing financial difficulties with declining revenues and profitability, leading to negative net income and cash flow. The balance sheet remains relatively stable, but the recent performance raises concerns about sustainability.

Income Statement

The company has experienced a significant decline in revenue and profitability over the past year. The gross profit margin decreased from 38.4% in 2023 to 33.3% in 2024, and the net profit margin turned negative, indicating a loss. The EBIT and EBITDA margins also declined, reflecting operational challenges.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.99, which is manageable. However, the return on equity has turned negative due to the net loss, and the equity ratio is stable at 40.5%, indicating a balanced capital structure but with potential risks due to recent losses.

Cash Flow

The cash flow statement reveals a concerning trend with negative operating and free cash flow in 2024, indicating cash flow challenges. The free cash flow to net income ratio is negative, highlighting the company's inability to generate positive cash flow from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.24B	5.28B	6.28B	4.35B	2.14B	1.10B
Gross Profit	1.75B	1.76B	2.41B	1.84B	1.01B	530.08M
EBITDA	83.64M	46.00M	1.02B	1.01B	523.88M	183.53M
Net Income	-317.28M	-393.00M	587.85M	676.81M	359.74M	114.00M
Balance Sheet
Total Assets	4.96B	5.54B	5.71B	4.29B	2.78B	1.06B
Cash, Cash Equivalents and Short-Term Investments	2.27B	2.62B	2.77B	2.22B	2.25B	710.41M
Total Debt	1.86B	2.23B	2.24B	668.42M	280.07M	384.16M
Total Liabilities	2.82B	3.30B	3.06B	1.48B	696.37M	582.56M
Stockholders Equity	2.14B	2.24B	2.65B	2.81B	2.09B	479.11M
Cash Flow
Free Cash Flow	0.00	-732.07M	427.11M	756.92M	402.43M	143.17M
Operating Cash Flow	0.00	-131.97M	452.53M	782.66M	427.35M	155.62M
Investing Cash Flow	0.00	6.04M	-706.68M	-1.22B	-25.22M	-83.17M
Financing Cash Flow	0.00	-21.83M	730.53M	407.81M	1.14B	307.26M

ProjectHoldings.Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1221.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 Negative. The current price of 1221 is below the 20-day moving average (MA) of 1250.65, below the 50-day MA of 1292.90, and below the 200-day MA of 1230.45, indicating a bearish trend. The MACD of -25.27 indicates Positive momentum. The RSI at 33.56 is Neutral, neither overbought nor oversold. The STOCH value of 42.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	¥7.66B	10.34	―	2.95%	11.81%	13.05%
6560	73 Outperform	¥10.64B	12.45	―	1.26%	16.18%	68.41%
7379	71 Outperform	―	―	―	―	14.88%	48.97%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4490	63 Neutral	¥5.57B	10.08	―	―	0.36%	―
7034	49 Neutral	¥6.30B	35.49	―	―	181.64%	-139.55%
9246	47 Neutral	¥7.27B	―	―	―	-10.31%	-222.31%

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.