SHOEI CORPORATION (9385) AI Stock Analysis

• Market Cap: ¥4.98B
• Dividend Yield: 3.28%
• Average Volume (3M): 8.16K
• Price to Earnings (P/E): 3.8
• Beta (1Y): 0.30
• Revenue Growth: -3.02%
• EPS Growth: N/A
• Country: JP
• Employees: 555
• Sector: Communication Services
• Sector Strength: 97
• Industry: Packaging & Containers
• EPS (TTM): 29.49
• Shares Outstanding: 7,850,000
• 10 Day Avg. Volume: 7,160
• 30 Day Avg. Volume: 8,156
• PEG Ratio: -0.17
• Price to Book (P/B): 1.00
• Price to Sales (P/S): 0.22
• P/FCF Ratio: -277.99
• 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: 71 Outperform
• Price Target: ¥714.00 ▲(23.10% Upside)

SHOEI CORPORATION's stock score is primarily driven by its attractive valuation and positive technical indicators. The low P/E ratio and solid dividend yield suggest potential undervaluation, while technical analysis shows a positive trend. However, financial performance poses some risks due to revenue and cash flow volatility.

Positive Factors

Business Model Strength

SHOEI's integrated logistics solutions cater to diverse industries, enhancing client relationships and providing a competitive edge.

Competitive Advantages

Leveraging advanced technology and infrastructure strengthens SHOEI's market position and operational efficiency.

Balance Sheet Health

Improved leverage and a balanced equity ratio suggest financial stability, supporting long-term growth potential.

Negative Factors

Revenue Growth Challenges

Inconsistent revenue growth poses risks to sustainable expansion and may affect long-term profitability.

Cash Flow Volatility

Volatile cash flow can hinder investment capacity and financial flexibility, impacting future operations.

Margin Pressure

Margin pressure suggests operational inefficiencies, which could affect profitability and competitive positioning.

SHOEI CORPORATION Business Overview & Revenue Model

Company Description

SHOEI CORPORATION (9385) is a leading Japanese manufacturer specializing in high-quality motorcycle helmets and accessories. Established in 1959, the company operates primarily in the automotive and sporting goods sectors, focusing on creating innovative and safety-compliant products for motorcycle enthusiasts and professional riders. SHOEI's core offerings include a range of full-face, modular, and open-face helmets, along with a variety of protective gear and accessories designed to enhance rider safety and comfort.

How the Company Makes Money

SHOEI CORPORATION generates revenue primarily through the sale of its motorcycle helmets and related accessories. The company employs a direct sales model, distributing products through a network of dealers and retailers, as well as through its own e-commerce platform. Key revenue streams include sales of premium helmets, which command higher price points due to their advanced technology and safety features, as well as accessories that complement the helmets. SHOEI also benefits from partnerships with motorcycle manufacturers and sponsorships within the racing community, which enhance brand visibility and drive sales. Additionally, the company's commitment to innovation and quality helps maintain customer loyalty and repeat purchases, further contributing to its earnings.

SHOEI CORPORATION Financial Statement Overview

Summary

SHOEI CORPORATION shows moderate financial stability. The income statement reflects volatility in net profit margins and inconsistent revenue growth. The balance sheet indicates a moderate financial position with improved leverage, while cash flow analysis reveals challenges in maintaining positive free cash flow.

Income Statement

SHOEI CORPORATION shows moderate stability in its income statement. The gross profit margin is relatively consistent, but net profit margins exhibit volatility due to fluctuating net income. Revenue growth has been inconsistent, with recent declines indicating potential revenue challenges. The EBIT and EBITDA margins are under pressure, reflecting operational efficiency issues.

Balance Sheet

The balance sheet reflects a moderate financial position. The debt-to-equity ratio indicates a considerable level of leverage, although it has improved over time. Return on Equity is variable, pointing to inconsistent profitability. The equity ratio is reasonable, suggesting a balanced asset financing structure.

Cash Flow

Cash flow analysis indicates challenges in maintaining positive free cash flow, as seen in recent negative figures. The operating cash flow to net income ratio is generally positive, but the free cash flow to net income ratio demonstrates volatility. Investment in capital expenditures is high, impacting free cash flow stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	18.93B	19.03B	19.45B	20.75B	19.27B	20.51B
Gross Profit	4.22B	4.16B	4.08B	3.69B	3.87B	4.46B
EBITDA	1.08B	966.23M	1.66B	-1.57B	554.90M	1.29B
Net Income	503.39M	467.35M	1.01B	-1.62B	89.31M	675.19M
Balance Sheet
Total Assets	10.64B	10.43B	9.62B	11.03B	12.79B	10.29B
Cash, Cash Equivalents and Short-Term Investments	1.34B	1.11B	854.67M	1.27B	878.99M	943.54M
Total Debt	3.94B	3.95B	3.43B	5.50B	5.50B	3.15B
Total Liabilities	6.40B	6.16B	5.82B	8.23B	8.27B	5.55B
Stockholders Equity	4.24B	4.28B	3.80B	2.80B	4.52B	4.73B
Cash Flow
Free Cash Flow	0.00	-15.34M	1.21B	582.34M	179.79M	-702.24M
Operating Cash Flow	0.00	926.82M	1.42B	716.25M	341.04M	-602.22M
Investing Cash Flow	0.00	-987.77M	507.69M	-116.32M	-1.77B	-145.62M
Financing Cash Flow	0.00	275.74M	-2.35B	-217.12M	1.36B	822.86M

SHOEI CORPORATION Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 580.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9385, the sentiment is Positive. The current price of 580 is below the 20-day moving average (MA) of 625.60, below the 50-day MA of 607.40, and above the 200-day MA of 567.24, indicating a bullish trend. The MACD of 12.66 indicates Negative momentum. The RSI at 75.00 is Negative, neither overbought nor oversold. The STOCH value of 63.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9385.

SHOEI CORPORATION Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7923	80 Outperform	¥5.96B	8.68	―	1.72%	5.37%	20.22%
3954	76 Outperform	¥14.65B	12.11	―	1.20%	6.42%	-6.32%
3944	73 Outperform	¥2.58B	7.39	―	2.09%	2.37%	98.09%
9385	71 Outperform	¥4.98B	3.79	―	3.28%	-3.02%	―
4690	64 Neutral	¥2.77B	9.84	―	2.38%	-5.18%	0.36%
3953	63 Neutral	¥2.85B	-30.66	―	6.31%	2.07%	-145.09%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%