Caster Co. Ltd. (9331) AI Stock Analysis

• Market Cap: ¥1.78B
• Dividend Yield: N/A
• Average Volume (3M): 2.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.18
• Revenue Growth: 4.23%
• EPS Growth: -3843.00%
• Country: JP
• Employees: 847
• Sector: Industrials
• Sector Strength: 85
• Industry: Staffing & Employment Services
• EPS (TTM): -47.16
• Shares Outstanding: 1,960,460
• 10 Day Avg. Volume: 1,440
• 30 Day Avg. Volume: 2,283
• 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: ¥921.00
• Price Target Upside: 1.43% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: ¥921.00 ▲(1.43% Upside)

Caster Co. Ltd.'s overall stock score is primarily impacted by its financial performance, which shows revenue growth but significant profitability and cash flow challenges. Technical analysis provides some positive indicators with bullish momentum, but the valuation is weak due to negative earnings and no dividend yield. The lack of earnings call data and corporate events means these factors do not influence the score.

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 and a strong equity position, but faces profitability and cash flow challenges. Despite low leverage, ongoing losses and negative cash flows highlight operational inefficiencies.

Income Statement

The company's revenue has shown positive growth, increasing from ¥2.23 billion in 2021 to ¥4.44 billion in 2024, with a revenue growth rate of approximately 6.3% from 2023 to 2024. However, profitability metrics are concerning, with a negative net profit margin of -4.9% in 2024 and consistently negative EBIT and EBITDA margins over the years, indicating potential operational inefficiencies.

Balance Sheet

The balance sheet shows a healthy equity position, with a steady increase in stockholders' equity to ¥1.1 billion in 2024. The debt-to-equity ratio remains low at 0.48 in 2024, suggesting manageable leverage. However, the equity ratio has slightly decreased to 44.9%, indicating a slight increase in liabilities relative to assets.

Cash Flow

Cash flow from operations remains negative, with a significant decline to -¥153.6 million in 2024. Free cash flow has also deteriorated to -¥156.4 million, indicating cash flow challenges. The free cash flow to net income ratio is negative, reflecting ongoing struggles to generate cash from operations.

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

Caster Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 908.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9331, the sentiment is Positive. The current price of 908 is above the 20-day moving average (MA) of 891.45, above the 50-day MA of 893.94, and below the 200-day MA of 954.78, indicating a neutral trend. The MACD of 6.48 indicates Negative momentum. The RSI at 54.86 is Neutral, neither overbought nor oversold. The STOCH value of 72.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9331.

Caster Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6538	72 Outperform	¥4.49B	20.85		2.33%	13.99%	―
6551	71 Outperform	¥6.44B	18.38		1.35%	14.80%	0.23%
Sector *	66 Neutral	£2.69B	12.79	3.50%	3.23%	2.47%	-24.22%
9331	52 Neutral	¥1.78B	―		―	4.23%	-3843.00%
7041	51 Neutral	¥1.93B	―		―	-11.60%	-264.63%
6558	49 Neutral	¥1.75B	693.75		―	-1.16%	-253.09%