Crops Corp. (9428) AI Stock Analysis

• Market Cap: ¥14.80B
• Dividend Yield: 1.21%
• Average Volume (3M): 105.62K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 0.37
• Revenue Growth: 13.18%
• EPS Growth: 70.08%
• Country: JP
• Employees: 1,200
• Sector: Communication Services
• Sector Strength: 92
• Industry: Telecommunications Services
• EPS (TTM): 31.62
• Shares Outstanding: 9,597,400
• 10 Day Avg. Volume: 32,040
• 30 Day Avg. Volume: 105,620
• 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: ¥1,849.00
• Price Target Upside: 10.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: ¥1,849.00 ▲(10.59% Upside)

Crops Corp. achieves a solid overall score due to strong financial performance, characterized by robust revenue growth and a healthy balance sheet. Technical indicators show positive momentum, though caution is advised due to overbought conditions. The stock's valuation is reasonable, supported by a fair P/E ratio and a modest dividend yield.

Crops Corp. Business Overview & Revenue Model

Company Description

Crops Corp. (9428) is an innovative agricultural technology company specializing in precision farming solutions and sustainable crop management. The company operates primarily in the agri-tech sector, offering a range of products and services that include advanced crop monitoring systems, data analytics software, and organic fertilizers designed to enhance crop yields while minimizing environmental impact.

How the Company Makes Money

Crops Corp. generates revenue through several key streams. The primary revenue source comes from the sale of its precision farming software and hardware solutions, which help farmers optimize their crop production through data-driven insights. Additionally, the company earns income from its organic fertilizers and other eco-friendly agricultural products. Significant partnerships with agricultural cooperatives and distribution networks further bolster its sales channels. Furthermore, Crops Corp. engages in research and development collaborations with universities and agricultural institutions, which not only enhances its product offerings but also opens avenues for grants and funding that contribute to its overall earnings.

Crops Corp. Financial Statement Overview

Summary

Crops Corp. demonstrates strong financial health with consistent revenue growth and a stable balance sheet characterized by low leverage and strong equity financing. While profitability at the net level is a concern, operational margins are sound, and cash flow generation is robust. Continued focus on cost management and cash flow optimization could enhance future financial performance.

Income Statement

Crops Corp. has shown consistent revenue growth over the years, with a positive revenue growth rate of 13% from 2024 to 2025. Gross profit margin remains healthy at 24.7% in 2025, indicating efficient cost management. However, the net profit margin decreased to 1.6% in 2025 from 2.2% in 2024, suggesting potential areas for cost control improvements. EBIT and EBITDA margins are stable, reflecting consistent operational performance.

Balance Sheet

The company's balance sheet is robust with a low debt-to-equity ratio of 0.23 in 2025, indicating a strong equity base and low financial leverage. Return on equity (ROE) has slightly decreased to 8.1% in 2025 from 10.6% in 2024, but still demonstrates efficient use of equity. The equity ratio stands at 33.9%, showing a significant proportion of assets financed by equity, which reduces financial risk.

Cash Flow

Operating cash flow has decreased slightly from 2024 to 2025, but free cash flow remains positive, indicating the company is generating sufficient cash after capital expenditures. The free cash flow to net income ratio is high, suggesting strong cash generation relative to net income. However, the decrease in free cash flow growth rate indicates potential challenges in sustaining cash flow levels.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	61.57B	54.49B	48.38B	45.32B	41.04B
Gross Profit	15.18B	13.68B	12.24B	11.46B	9.79B
EBITDA	2.91B	2.75B	2.69B	2.97B	2.69B
Net Income	992.00M	1.21B	1.18B	1.48B	852.00M
Balance Sheet
Total Assets	36.11B	33.38B	30.72B	27.50B	24.69B
Cash, Cash Equivalents and Short-Term Investments	8.30B	7.47B	7.01B	7.29B	6.63B
Total Debt	2.78B	2.87B	2.73B	2.02B	2.43B
Total Liabilities	21.76B	20.16B	18.23B	16.11B	14.82B
Stockholders Equity	12.24B	11.41B	10.54B	9.44B	7.98B
Cash Flow
Free Cash Flow	1.29B	1.36B	1.34B	1.75B	1.65B
Operating Cash Flow	1.42B	1.52B	1.59B	2.23B	1.92B
Investing Cash Flow	-218.00M	-268.00M	-2.05B	-725.00M	-112.00M
Financing Cash Flow	-475.00M	-813.00M	56.00M	-871.00M	-1.24B

Crops Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1672.00
• 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:9428, the sentiment is Positive. The current price of 1672 is above the 20-day moving average (MA) of 1374.35, above the 50-day MA of 1234.70, and above the 200-day MA of 1054.85, indicating a bullish trend. The MACD of 129.11 indicates Negative momentum. The RSI at 81.24 is Negative, neither overbought nor oversold. The STOCH value of 71.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9428.

Crops Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3934	79 Outperform	¥12.01B	12.50		1.94%	5.84%	27.86%
9428	78 Outperform	¥14.80B	10.85		1.21%	13.18%	70.08%
4415	72 Outperform	¥5.09B	10.98		―	27.56%	47.92%
3776	69 Neutral	¥10.57B	43.73		1.20%	1.95%	-59.39%
9445	69 Neutral	¥9.07B	9.99		3.70%	8.17%	25.32%
Sector *	66 Neutral	¥486.96B	16.60	1.07%	2.20%	6.20%	-17.02%
9450	64 Neutral	¥15.47B	11.58		3.58%	-8.55%	-14.28%