PROGRIT, Inc. (9560) AI Stock Analysis

• Market Cap: ¥12.35B
• Dividend Yield: 2.06%
• Average Volume (3M): 125.20K
• Price to Earnings (P/E): 13.7
• Beta (1Y): 0.86
• Revenue Growth: 29.06%
• EPS Growth: 41.54%
• Country: JP
• Employees: 209
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Education & Training Services
• EPS (TTM): 9.93
• Shares Outstanding: 12,663,211
• 10 Day Avg. Volume: 235,220
• 30 Day Avg. Volume: 125,196
• PEG Ratio: 0.35
• Price to Book (P/B): 5.82
• Price to Sales (P/S): 2.31
• P/FCF Ratio: 15.67
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: ¥1,264.00 ▲(32.49% Upside)

PROGRIT, Inc. scores well due to its strong financial performance, characterized by significant revenue growth and robust profitability. The technical analysis suggests moderate momentum, while the valuation is fair, reflecting balanced growth and income potential. The absence of earnings call and corporate events data does not impact the overall score.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong demand for PROGRIT's services and effective market penetration, supporting long-term business expansion.

Profitability Margins

High profitability margins suggest efficient operations and pricing power, which can sustain long-term profitability and competitive advantage.

Cash Flow Management

Robust cash flow management ensures liquidity and the ability to fund operations and investments, supporting future growth and stability.

Negative Factors

Market Volatility

Market volatility and bearish momentum can impact investor confidence and stock performance, potentially affecting capital raising and valuation.

Lack of Corporate Events

The absence of significant corporate events may indicate a lack of strategic initiatives or partnerships, potentially limiting growth opportunities.

Earnings Call Absence

The lack of earnings call data reduces transparency and may hinder investor understanding of strategic direction and financial performance.

PROGRIT, Inc. Business Overview & Revenue Model

Company Description

PROGRIT Inc. provides English coaching and subscription-based English learning services in Japan. It offers courses, such as business English conversation, beginner, TOEIC L&R, and TOEFL iBT TEST/IELTS. The company was incorporated in 2016 and is based in Tokyo, Japan.

How the Company Makes Money

PROGRIT, Inc. generates revenue through its language coaching and training services, which are offered through subscription-based models and one-time service fees. The company provides tailored language learning programs that cater to the specific needs of its clients, including business professionals and individuals aiming to improve their English proficiency. Revenue streams include direct sales of language coaching packages, corporate training contracts, and partnerships with educational institutions or organizations seeking to provide language development opportunities to their members. By utilizing a combination of digital platforms and personalized coaching, PROGRIT, Inc. effectively monetizes its language training expertise.

PROGRIT, Inc. Financial Statement Overview

Summary

PROGRIT, Inc. demonstrates strong financial health with robust revenue growth, high profitability margins, low leverage, and effective cash flow management. The income statement shows a 47.26% revenue increase, while the balance sheet and cash flow statements reflect financial stability and efficient operations.

Income Statement

PROGRIT, Inc. has demonstrated strong revenue growth with a substantial increase from ¥3,023,643,000 to ¥4,453,271,000, representing a 47.26% growth rate from 2023 to 2024. The company maintains robust profitability with a gross profit margin of 71.85% and a net profit margin of 13.70% in 2024. The EBIT margin stands at 18.50%, while EBITDA margin is slightly higher at 18.94%, indicating efficient operations. Overall, the income statement reflects strong growth and profitability.

Balance Sheet

The balance sheet of PROGRIT, Inc. is solid, with a low debt-to-equity ratio of 0.08, indicating minimal leverage. Return on equity is impressive at 33.96%, reflecting high profitability relative to shareholder equity. The equity ratio of 46.21% demonstrates a balanced capital structure. The company appears to be financially stable with a strong equity base and low reliance on debt.

Cash Flow

The company's cash flow is strong, highlighted by a significant operating cash flow to net income ratio of 1.77, showing ample cash generation relative to net income. Free cash flow has grown by 28.49% from 2023 to 2024, underpinning the company's ability to fund operations and investments. Furthermore, the free cash flow to net income ratio is 1.68, indicating effective conversion of income into cash. Overall, cash flow management is robust.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.75B	5.75B	4.45B	3.02B	2.25B	1.98B
Gross Profit	4.25B	4.26B	3.20B	2.14B	1.51B	1.18B
EBITDA	1.26B	1.26B	843.38M	514.96M	343.56M	-87.42M
Net Income	887.84M	888.76M	610.13M	360.84M	187.06M	-76.83M
Balance Sheet
Total Assets	4.49B	4.49B	3.89B	2.63B	1.51B	1.03B
Cash, Cash Equivalents and Short-Term Investments	3.42B	3.42B	3.04B	1.98B	975.54M	437.65M
Total Debt	249.54M	249.54M	152.04M	166.28M	248.83M	288.25M
Total Liabilities	2.21B	2.21B	2.09B	1.54B	1.10B	873.59M
Stockholders Equity	2.28B	2.28B	1.80B	1.09B	409.63M	159.32M
Cash Flow
Free Cash Flow	0.00	846.36M	1.02B	795.12M	492.21M	-102.72M
Operating Cash Flow	0.00	907.12M	1.08B	796.94M	494.48M	-85.67M
Investing Cash Flow	0.00	-189.35M	-82.87M	-16.74M	12.83M	3.67M
Financing Cash Flow	0.00	-344.08M	71.77M	239.90M	30.58M	7.78M

PROGRIT, Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 954.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9560, the sentiment is Neutral. The current price of 954 is above the 20-day moving average (MA) of 940.10, below the 50-day MA of 960.66, and below the 200-day MA of 1080.29, indicating a neutral trend. The MACD of -6.14 indicates Negative momentum. The RSI at 58.34 is Neutral, neither overbought nor oversold. The STOCH value of 91.99 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9560.

PROGRIT, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9560	77 Outperform	¥12.35B	13.70	―	2.06%	29.06%	41.54%
9769	72 Outperform	¥25.92B	14.84	―	4.01%	-1.18%	-12.01%
4718	70 Outperform	¥42.90B	16.81	―	2.56%	7.41%	22.70%
7030	65 Neutral	¥23.70B	21.78	―	2.85%	10.25%	115.25%
4668	64 Neutral	¥17.86B	10.41	―	3.81%	9.96%	252.72%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%