Crops Corp. (9428) AI Stock Analysis

• Market Cap: ¥13.44B
• Dividend Yield: 1.35%
• Average Volume (3M): 57.83K
• Price to Earnings (P/E): 9.9
• Beta (1Y): 0.35
• Revenue Growth: 13.18%
• EPS Growth: 70.08%
• Country: JP
• Employees: 1,200
• Sector: Communication Services
• Sector Strength: 96
• Industry: Telecommunications Services
• EPS (TTM): 31.66
• Shares Outstanding: 9,597,400
• 10 Day Avg. Volume: 6,190
• 30 Day Avg. Volume: 57,833
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 25.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: ¥1,849.00 ▲(25.19% 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. shows strong revenue growth and maintains a solid balance sheet with low leverage. However, the decrease in net profit margin indicates potential areas for cost optimization. The company's robust cash flow supports its operational stability, positioning it well in the telecommunications industry.

Income Statement

Crops Corp. has demonstrated strong revenue growth, with a notable increase of 13% from 2024 to 2025. The gross profit margin stands at 24.66%, indicating efficient cost management. However, the net profit margin decreased to 1.61% in 2025, suggesting increased expenses or other financial pressures. The EBIT and EBITDA margins are stable at 3.89% and 4.73% respectively, reflecting consistent operational performance.

Balance Sheet

The company's balance sheet shows a solid equity base with an equity ratio of 33.89%, indicating a sound financial structure. The debt-to-equity ratio is low at 0.23, suggesting low leverage and reduced financial risk. Return on equity is modest at 8.11%, which could be improved to enhance shareholder returns.

Cash Flow

Crops Corp. maintains a healthy cash flow, with a free cash flow to net income ratio of 1.31, indicating strong cash generation relative to net earnings. However, the operating cash flow to net income ratio decreased to 1.43, which may require monitoring to ensure operational efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	61.57B	61.57B	54.49B	48.38B	45.32B	41.04B
Gross Profit	15.18B	15.18B	13.68B	12.24B	11.46B	9.79B
EBITDA	2.99B	2.91B	2.75B	2.69B	2.97B	2.69B
Net Income	991.00M	992.00M	1.21B	1.18B	1.48B	852.00M
Balance Sheet
Total Assets	36.11B	36.11B	33.38B	30.72B	27.50B	24.69B
Cash, Cash Equivalents and Short-Term Investments	8.30B	8.30B	7.47B	7.01B	7.29B	6.63B
Total Debt	2.78B	2.78B	2.87B	2.73B	2.02B	2.43B
Total Liabilities	21.76B	21.76B	20.16B	18.23B	16.11B	14.82B
Stockholders Equity	12.24B	12.24B	11.41B	10.54B	9.44B	7.98B
Cash Flow
Free Cash Flow	0.00	1.29B	1.36B	1.34B	1.75B	1.65B
Operating Cash Flow	0.00	1.42B	1.52B	1.59B	2.23B	1.92B
Investing Cash Flow	0.00	-218.00M	-268.00M	-2.05B	-725.00M	-112.00M
Financing Cash Flow	0.00	-475.00M	-813.00M	56.00M	-871.00M	-1.24B

Crops Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1477.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 1477 is below the 20-day moving average (MA) of 1600.80, above the 50-day MA of 1432.28, and above the 200-day MA of 1122.84, indicating a neutral trend. The MACD of 3.55 indicates Positive momentum. The RSI at 43.27 is Neutral, neither overbought nor oversold. The STOCH value of 8.50 is Positive, 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
9428	78 Outperform	¥13.44B	9.85		1.35%	13.18%	70.08%
3934	76 Outperform	¥11.83B	12.32		1.88%	5.84%	27.86%
4415	72 Outperform	¥5.74B	12.30		―	27.56%	47.92%
3776	69 Neutral	¥10.14B	41.95		1.21%	1.95%	-59.39%
9445	69 Neutral	¥9.28B	10.23		3.58%	8.17%	25.32%
9450	66 Neutral	¥14.49B	10.85		3.81%	3.62%	-15.54%
Sector *	60 Neutral	$46.60B	4.15	-11.40%	4.15%	1.85%	-42.71%