TRE HOLDINGS CORPORATION (9247) AI Stock Analysis

• Market Cap: ¥81.73B
• Dividend Yield: 2.77%
• Average Volume (3M): 202.26K
• Price to Earnings (P/E): 4.8
• Beta (1Y): 1.20
• Revenue Growth: 24.61%
• EPS Growth: 185.90%
• Country: JP
• Employees: 2,300
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): 71.49
• Shares Outstanding: 52,610,710
• 10 Day Avg. Volume: 207,360
• 30 Day Avg. Volume: 202,260
• PEG Ratio: 0.03
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.69
• P/FCF Ratio: 10.44
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ¥1,677.00 ▲(4.29% Upside)

TRE HOLDINGS CORPORATION's strong financial performance and attractive valuation are the primary drivers of its stock score. The company shows robust revenue and profit growth, efficient cost management, and solid cash flow generation. Despite short-term technical indicators suggesting caution, the stock's low P/E ratio and healthy dividend yield highlight its potential as an undervalued investment opportunity.

Positive Factors

Revenue Growth

The significant revenue growth demonstrates TRE Holdings' ability to effectively expand its market presence and capitalize on investment opportunities, ensuring sustained business expansion and competitive positioning.

Cash Flow Generation

Strong cash flow generation underlines the company's operational efficiency and financial health, providing flexibility for future investments and debt management, which supports long-term growth.

Profitability Improvement

Enhanced profitability margins reflect effective cost management and operational efficiency, which strengthen the company's financial foundation and ability to reinvest in growth initiatives.

Negative Factors

Rising Debt Levels

While the capital structure remains balanced, rising debt levels could pose risks to financial stability and limit future investment capacity if not managed carefully.

Debt Monitoring

Although leverage is currently manageable, the upward trend in debt requires close monitoring to prevent potential strain on cash flow and maintain financial flexibility.

Market Sentiment

The current market sentiment, indicated by trading below moving averages, suggests caution. This could impact investor confidence and affect the company's ability to raise capital or pursue strategic initiatives.

TRE HOLDINGS CORPORATION Business Overview & Revenue Model

Company Description

TRE Holdings Corporation, through its subsidiaries, provides metal and automobiles recycling services in Japan. The company engages in the recycling of waste, home appliances, small consumer electronics, industrial waste, and landfills; renewable energy; environmental engineering businesses; and environmental consulting business. It also provides industrial waste treatment services. The company was incorporated in 2021 and is headquartered in Tokyo, Japan.

How the Company Makes Money

TRE HOLDINGS CORPORATION generates revenue through multiple streams, including rental income from its real estate holdings, equity stakes in technology ventures, and revenue from renewable energy projects. The company capitalizes on market opportunities by investing in undervalued assets and enhancing their value through strategic management and operational improvements. Additionally, TRE Holdings often forms partnerships with established firms and startups to co-develop projects, share resources, and leverage expertise, which further contributes to its revenue. The company's diversified approach helps mitigate risks and stabilize earnings across varying market conditions.

TRE HOLDINGS CORPORATION Financial Statement Overview

Summary

TRE HOLDINGS CORPORATION exhibits strong financial health with impressive revenue and profit growth, efficient cost management, and robust cash flow generation. The company maintains a balanced capital structure, though the rising debt level should be monitored.

Income Statement

TRE HOLDINGS CORPORATION has demonstrated strong revenue growth, with a significant increase from ¥92.86 billion in 2024 to ¥118.68 billion in 2025, representing a 27.8% growth rate. The gross profit margin improved to 29.9% in 2025, indicating efficient cost management. Net profit margin also increased to 10.4%, showing enhanced profitability. EBIT and EBITDA margins improved to 19.2% and 24.0%, respectively, reflecting robust operational performance.

Balance Sheet

The company's debt-to-equity ratio stands at 0.83, indicating a balanced capital structure with manageable leverage. Return on equity improved to 16.8%, showcasing effective utilization of shareholder funds. The equity ratio is stable at 45.2%, suggesting a solid financial foundation. However, the increase in total debt warrants monitoring for potential risks.

Cash Flow

Operating cash flow increased to ¥19.84 billion, supporting strong cash generation capabilities. The free cash flow to net income ratio improved significantly, indicating better cash conversion. Free cash flow growth rate surged by 3235.2%, highlighting substantial improvement in cash flow management. The operating cash flow to net income ratio of 1.61 reflects healthy cash flow relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	125.20B	118.68B	92.86B	90.71B	68.23B	42.06B
Gross Profit	41.45B	35.51B	19.28B	18.33B	15.95B	9.60B
EBITDA	33.33B	28.45B	12.84B	14.57B	13.53B	8.79B
Net Income	15.80B	12.29B	3.62B	5.20B	4.74B	2.27B
Balance Sheet
Total Assets	168.01B	162.05B	142.16B	132.29B	129.52B	87.81B
Cash, Cash Equivalents and Short-Term Investments	31.37B	30.38B	21.13B	24.14B	24.48B	10.75B
Total Debt	66.41B	60.69B	52.60B	48.12B	47.32B	43.87B
Total Liabilities	88.85B	86.62B	73.08B	65.15B	65.35B	53.30B
Stockholders Equity	76.94B	73.16B	67.14B	65.48B	62.59B	33.06B
Cash Flow
Free Cash Flow	-2.73B	7.88B	239.00M	3.48B	6.59B	-1.54B
Operating Cash Flow	190.50M	19.84B	12.19B	9.18B	11.02B	7.40B
Investing Cash Flow	-2.93B	-12.08B	-16.82B	-6.69B	-2.15B	-13.59B
Financing Cash Flow	3.00B	1.51B	1.61B	-2.83B	-3.70B	5.44B

TRE HOLDINGS CORPORATION Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1608.00
• 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:9247, the sentiment is Positive. The current price of 1608 is above the 20-day moving average (MA) of 1589.45, above the 50-day MA of 1571.98, and above the 200-day MA of 1489.20, indicating a bullish trend. The MACD of 11.47 indicates Negative momentum. The RSI at 53.21 is Neutral, neither overbought nor oversold. The STOCH value of 71.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9247.

TRE HOLDINGS CORPORATION Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5698	77 Outperform	¥17.15B	11.76	―	2.62%	-9.37%	590.66%
1712	77 Outperform	¥30.99B	21.70	―	0.81%	15.80%	11.11%
9247	76 Outperform	¥81.73B	4.78	―	2.77%	24.61%	185.90%
9793	73 Outperform	¥162.21B	17.84	10.88%	2.20%	6.63%	-3.05%
6566	73 Outperform	¥23.55B	15.39	―	1.92%	4.09%	9.96%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4657	56 Neutral	¥1.99B	72.62	―	1.93%	-1.19%	-89.91%

TRE HOLDINGS CORPORATION Corporate Events

TRE HOLDINGS CORPORATION Reports Treasury Share Acquisition

TRE HOLDINGS CORPORATION announced the acquisition of 314,500 treasury shares for approximately 490.7 million yen during November 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 1.5 million shares, reflecting the company’s ongoing efforts to manage its capital structure effectively.

TRE HOLDINGS Reports Interim Results and Strategic Alliance

TRE HOLDINGS CORPORATION has released its interim results for the fiscal year ending March 2026, highlighting changes in net sales and operating profit across its segments. The company is actively responding to the 2024 Noto Peninsula Earthquake and has entered into a capital and business alliance with Mizuho Leasing, which could enhance its market positioning and operational capabilities.

TRE HOLDINGS Reports Strong Financial Growth for H1 2025

TRE HOLDINGS CORPORATION reported significant growth in its financial results for the six months ending September 30, 2025, with a notable increase in net sales and profits compared to the previous year. The company also announced a forecast for the fiscal year ending March 31, 2026, expecting a slight increase in net sales and a stable profit attributable to owners, indicating a strong market position and potential positive implications for stakeholders.

TRE HOLDINGS CORPORATION Advances Treasury Share Acquisition

TRE HOLDINGS CORPORATION announced the acquisition of 261,600 treasury shares worth 403,822,700 yen during October 2025, as part of a broader plan approved in August to repurchase up to 1.5 million shares. This strategic move aims to enhance shareholder value and optimize capital structure, reflecting the company’s proactive approach in managing its equity and market presence.

Mizuho Leasing and TRE HOLDINGS Form Strategic Alliance

Mizuho Leasing Company and TRE HOLDINGS CORPORATION have entered into a capital and business alliance to strengthen their collaboration in building a circular economy. Mizuho Leasing plans to acquire additional shares in TRE HOLDINGS, becoming a major shareholder, to enhance corporate value and create new business opportunities.

TRE HOLDINGS CORPORATION Announces Treasury Share Acquisition

TRE HOLDINGS CORPORATION has announced the acquisition of 164,500 treasury shares amounting to 260,154,900 yen through market purchases on the Tokyo Stock Exchange during September 2025. This acquisition is part of a broader plan approved by the Board of Directors to repurchase up to 1.5 million shares, with a maximum budget of 2 billion yen, to be executed by March 2026. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.