Caster Co. Ltd. (9331) AI Stock Analysis

• Market Cap: ¥1.57B
• Dividend Yield: N/A
• Average Volume (3M): 8.53K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: 3.33%
• EPS Growth: -80.36%
• Country: JP
• Employees: 847
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): -10.91
• Shares Outstanding: 1,960,460
• 10 Day Avg. Volume: 1,760
• 30 Day Avg. Volume: 8,533
• PEG Ratio: 0.01
• Price to Book (P/B): 1.73
• Price to Sales (P/S): 0.43
• P/FCF Ratio: -12.18
• 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: ¥881.00
• Price Target Upside: 10.13% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: ¥881.00 ▲(10.13% Upside)

Caster Co. Ltd.'s overall stock score is primarily impacted by its financial performance and valuation concerns. While the company shows revenue growth, its profitability and cash flow issues are significant drawbacks. Technical analysis provides mixed signals, and the negative P/E ratio raises valuation concerns. The absence of earnings call data and corporate events limits additional insights.

Caster Co. Ltd. Business Overview & Revenue Model

Company Description

Caster Co. Ltd. (9331) is a prominent player in the manufacturing and distribution of high-quality caster wheels and related products. Operating primarily in the industrial and commercial sectors, the company specializes in producing a wide range of casters, including those for furniture, medical equipment, and material handling applications. Caster Co. Ltd. is dedicated to innovation and quality, offering customized solutions to meet the specific needs of its diverse clientele.

How the Company Makes Money

Caster Co. Ltd. generates revenue through multiple streams primarily centered around the sale of its caster wheel products. The company earns money by manufacturing various types of casters, including swivel casters, rigid casters, and specialty casters, which are sold to a broad range of industries such as healthcare, logistics, and furniture manufacturing. Key revenue streams include direct sales to retailers and distributors, as well as bulk orders from large commercial clients. Additionally, Caster Co. Ltd. may engage in partnerships with other manufacturers and suppliers to enhance its product offerings and expand its market reach, which can significantly contribute to its earnings. The company also focuses on customer service and product customization, allowing it to command premium pricing for specialized products.

Caster Co. Ltd. Financial Statement Overview

Summary

Caster Co. Ltd. shows revenue growth but struggles with profitability and cash flow management. The balance sheet is stable with low leverage, but negative returns on equity and cash flow issues highlight operational challenges.

Income Statement

Caster Co. Ltd. shows a mixed performance in its income statement. The company has experienced a consistent increase in total revenue over the years, with a notable revenue growth rate of 6.24% from 2023 to 2024. However, profitability metrics are concerning, as evidenced by negative EBIT and net income in 2024, resulting in negative EBIT and net profit margins. The gross profit margin remains relatively stable, but the negative EBITDA margin highlights operational inefficiencies.

Balance Sheet

The balance sheet of Caster Co. Ltd. indicates a moderate financial position. The debt-to-equity ratio is low, suggesting manageable leverage, and the equity ratio is reasonable at 44.93%, indicating a balanced capital structure. However, the return on equity is negative due to net losses, which is a concern for investors. The company maintains a strong cash position, which provides some financial stability.

Cash Flow

Cash flow analysis reveals challenges in cash generation. The operating cash flow is negative, indicating difficulties in generating cash from core operations. The free cash flow is also negative, although the free cash flow to net income ratio is not applicable due to negative net income. The company has shown improvement in free cash flow from 2023 to 2024, but overall cash flow management remains a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.29B	4.44B	4.18B	3.34B	2.24B
Gross Profit	823.10M	1.78B	1.62B	1.28B	922.67M
EBITDA	-242.94M	-171.00M	28.11M	-150.32M	-328.53M
Net Income	-279.41M	-217.91M	29.21M	-145.05M	-336.68M
Balance Sheet
Total Assets	1.96B	2.46B	1.87B	2.09B	1.35B
Cash, Cash Equivalents and Short-Term Investments	1.17B	1.64B	1.52B	1.79B	1.19B
Total Debt	477.18M	525.61M	130.00M	361.11M	430.00M
Total Liabilities	1.13B	1.35B	834.69M	1.08B	990.78M
Stockholders Equity	825.54M	1.10B	1.04B	1.01B	356.06M
Cash Flow
Free Cash Flow	0.00	-156.43M	-40.29M	-128.37M	-249.01M
Operating Cash Flow	0.00	-153.60M	-31.87M	-128.10M	-245.81M
Investing Cash Flow	0.00	-296.73M	-11.03M	-275.00K	-23.79M
Financing Cash Flow	0.00	570.92M	-234.82M	730.51M	494.93M

Caster Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 800.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9331, the sentiment is Negative. The current price of 800 is below the 20-day moving average (MA) of 863.55, below the 50-day MA of 879.54, and below the 200-day MA of 925.74, indicating a bearish trend. The MACD of -12.92 indicates Positive momentum. The RSI at 37.20 is Neutral, neither overbought nor oversold. The STOCH value of 5.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9331.

Caster Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6551	69 Neutral	¥6.61B	18.87	―	1.82%	14.80%	0.23%
6538	66 Neutral	¥6.89B	24.13	―	1.55%	12.93%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6558	60 Neutral	¥1.69B	693.75	―	―	-12.60%	-335.07%
9331	49 Neutral	¥1.57B	―	―	―	3.33%	-80.36%
7041	40 Underperform	¥1.77B	―	―	―	-6.63%	-86.78%