YCP Holdings (Global) Ltd. Japanese Deposit Receipt Repr 1 Sh (9257) AI Stock Analysis

• Market Cap: ¥17.99B
• Dividend Yield: 0.24%
• Average Volume (3M): 1.18K
• Price to Earnings (P/E): 31.4
• Beta (1Y): 0.39
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: JP
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 13.75
• Shares Outstanding: 22,160,692
• 10 Day Avg. Volume: 1,310
• 30 Day Avg. Volume: 1,180
• PEG Ratio: -0.39
• Price to Book (P/B): 1.29
• Price to Sales (P/S): 1.19
• P/FCF Ratio: 22.06
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ¥857.00 ▲(1.66% Upside)
• Action: Reiterated Date: 03/12/26
• Date: Action: Reiterated 03/12/26

The score is held back primarily by sharply weakened recent financial performance and cash-flow quality, partially offset by a supportive trend versus moving averages. Valuation is a further constraint given the relatively high P/E and modest dividend yield.

Positive Factors

Balance Sheet Strength

Equity expansion and moderate debt ratios indicate improved capitalization and a financial buffer. This durable strength supports the company's ability to absorb temporary operating shocks, fund working capital or modest investments, and retain strategic optionality over the next several months.

Positive Cash Generation

Sustained positive operating and free cash flow, even after deterioration, shows the business still converts activities into cash. That cash generation supports near-term operations, debt servicing and discretionary uses, providing a durable liquidity cushion while management addresses revenue issues.

Underlying Margin Capability

High gross margin and historically stronger EBITDA margins point to an inherently profitable business model when scale or revenues normalize. This structural margin capacity means the company can potentially restore operating profitability without fundamental model changes as volumes recover.

Negative Factors

Severe Revenue Collapse

An almost complete revenue collapse materially erodes fee income and operating leverage, threatening sustainable profitability. For an asset-management related business, such a structural fall in revenue can signal client outflows or lost mandates that may take many months to reverse.

Weak Cash-Flow Momentum

A sharp decline in FCF growth and poor conversion of earnings to cash indicate deteriorating cash quality. This reduces the firm’s internal funding ability for investments or debt reduction, increasing reliance on the balance sheet and limiting flexibility over the medium term.

Rising Absolute Debt

Increasing absolute indebtedness while earnings and cash momentum weaken raises leverage risk and potential interest/covenant pressure. This can constrain capital allocation, limit strategic options, and amplify downside if top-line recovery takes longer than expected.

YCP Holdings (Global) Ltd. Japanese Deposit Receipt Repr 1 Sh Business Overview & Revenue Model

Company Description

YCP Holdings (Global) Limited engages in the provision of management and advisory services for multinational and local companies. It offers a suite of in-house solutions ranging from strategic planning to implementation, slicing across various business functions and phases. It is also involved in the development, production, and sale of material and organic products; operation of veterinary hospital and pet care business; operation of restaurants and franchise system in the food and beverage industry; production, sale, and distribution of food products; trading and manufacturing of Japanese-style desserts and confectionary products; provision of Japanese-style early education services; and trading of fertility check-up kit and provision of related internet marketing services. The company was founded in 2011 and is headquatered in Singapore.

How the Company Makes Money

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YCP Holdings (Global) Ltd. Japanese Deposit Receipt Repr 1 Sh Financial Statement Overview

Summary

Balance sheet is reasonably supported by equity with moderate leverage, but the latest year shows a major deterioration in operating results (revenue down ~99% and thinner net margin) and sharply weaker cash-flow momentum (free cash flow growth down ~97% and low operating cash flow conversion).

Income Statement

Profitability remains positive in 2025 (annual), with solid gross margin (~61%) and modest operating profitability (EBITDA margin ~11%). However, performance has deteriorated sharply versus prior years: 2025 shows an extreme revenue decline (-99.1%) and a much thinner net margin (~3.8%) compared with 2024’s unusually strong net margin (~21.9%). Over 2020–2023, margins were generally healthier (EBITDA ~15–23%), so the latest year indicates a significant disruption and weaker earnings quality/trajectory.

Balance Sheet

The balance sheet looks reasonably supported by equity, with debt-to-equity staying moderate (about 0.27–0.43 in 2021–2025, improving from a high ~0.96 in 2020). Equity has grown over time (to ~92.9M in 2025), and total assets have expanded, suggesting improved capitalization. The main drawback is rising absolute debt in 2025 (~30.8M) versus 2024 (~23.9M), which reduces flexibility if the earnings slowdown persists.

Cash Flow

Cash generation is positive, with operating cash flow (~9.0M) and free cash flow (~5.4M) still positive in 2025. That said, cash flow momentum weakened materially: 2025 free cash flow growth fell sharply (-97.3%) and operating cash flow conversion versus earnings is low (~0.19), indicating weaker cash efficiency. Free cash flow relative to net income is moderate (~0.60), down from stronger years (roughly ~0.90–0.97 in 2020–2022), pointing to reduced cash quality recently.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	100.93M	86.29M	84.59M	85.56M	73.11M
Gross Profit	61.68M	55.50M	56.76M	60.34M	52.64M
EBITDA	11.64M	6.32M	12.65M	17.20M	12.52M
Net Income	3.82M	18.91M	5.48M	10.39M	4.95M
Balance Sheet
Total Assets	163.50M	136.01M	131.87M	117.47M	83.85M
Cash, Cash Equivalents and Short-Term Investments	36.85M	43.28M	26.19M	23.47M	38.66M
Total Debt	30.79M	23.89M	30.72M	26.20M	17.34M
Total Liabilities	69.62M	45.71M	59.75M	53.55M	33.04M
Stockholders Equity	92.86M	89.57M	70.90M	63.80M	50.70M
Cash Flow
Free Cash Flow	5.44M	4.43M	4.05M	9.91M	11.39M
Operating Cash Flow	9.04M	7.26M	7.61M	10.96M	11.77M
Investing Cash Flow	-12.29M	14.07M	-5.78M	-19.27M	-1.50M
Financing Cash Flow	-2.86M	-3.25M	1.58M	-2.09M	19.36M

YCP Holdings (Global) Ltd. Japanese Deposit Receipt Repr 1 Sh Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 843.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9257, the sentiment is Positive. The current price of 843 is above the 20-day moving average (MA) of 759.75, above the 50-day MA of 796.00, and above the 200-day MA of 730.82, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 57.15 is Neutral, neither overbought nor oversold. The STOCH value of 85.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9257.

YCP Holdings (Global) Ltd. Japanese Deposit Receipt Repr 1 Sh Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
4310	65 Neutral	¥27.58B	43.28	―	18.63%	21.38%	―
3454	63 Neutral	¥16.56B	9.36	―	2.86%	36.31%	52.62%
9257	54 Neutral	¥17.99B	31.40	―	0.24%	―	―
3121	50 Neutral	¥6.87B	-16.73	―	0.96%	-23.90%	-146.54%
3113	39 Underperform	¥6.69B	-93.80	―	―	-42.35%	42.01%

YCP Holdings (Global) Ltd. Japanese Deposit Receipt Repr 1 Sh Corporate Events

YCP Holdings Lifts Sales and Investments as Profit Normalizes in FY2025

YCP Holdings reported a 22.5% year-on-year increase in sales to ¥16.55 billion for the year ended December 2025, while operating profit surged to ¥1.24 billion from a low base, lifting the operating margin to 7.5%. However, net profit attributable to owners declined sharply to ¥626 million, with basic earnings per share falling to ¥28.10 as profitability normalized from the prior year’s unusually high earnings.

Total assets rose to ¥25.59 billion and equity attributable to owners grew to ¥14.53 billion, though the equity ratio slipped to 56.8%, indicating a more leveraged balance sheet as the company expanded. Operating cash flow strengthened to ¥1.52 billion, but free cash flow turned negative due to ¥2.01 billion in investing outflows, signaling continued investment in future growth even as cash and cash equivalents decreased to ¥5.77 billion.

The most recent analyst rating on (JP:9257) stock is a Hold with a Yen859.00 price target. To see the full list of analyst forecasts on YCP Holdings (Global) Ltd. Japanese Deposit Receipt Repr 1 Sh stock, see the JP:9257 Stock Forecast page.