PROGRIT, Inc. (9560) AI Stock Analysis

• Market Cap: ¥13.83B
• Dividend Yield: 1.19%
• Average Volume (3M): 226.28K
• Price to Earnings (P/E): 16.3
• Beta (1Y): 0.81
• Revenue Growth: 35.10%
• EPS Growth: 34.62%
• Country: JP
• Employees: 209
• Sector: Consumer Defensive
• Sector Strength: 54
• Industry: Education & Training Services
• EPS (TTM): 15.33
• Shares Outstanding: 12,657,211
• 10 Day Avg. Volume: 132,470
• 30 Day Avg. Volume: 226,276
• PEG Ratio: 1.56
• Price to Book (P/B): 6.06
• 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: ¥1,297.00
• Price Target Upside: 18.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• Price Target: ¥1,265.00 ▲(15.74%Upside)

PROGRIT, Inc. achieves a strong overall stock score due to its impressive financial performance, characterized by significant revenue growth and profitability. The valuation is reasonable, enhancing investment appeal. Technical indicators are mixed, with some signs of weakness, but overall, the company is well-positioned financially.

PROGRIT, Inc. Business Overview & Revenue Model

Company Description

PROGRIT, Inc. (9560) is a company that specializes in providing language learning and proficiency services. The company operates in the education sector, focusing primarily on offering English language coaching and training programs designed to improve communication skills for business professionals and individuals seeking to enhance their language abilities. PROGRIT, Inc. leverages technology-driven methods and personalized coaching to deliver effective language learning solutions.

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. displays robust financial health, marked by strong revenue growth, high profitability margins, a solid balance sheet with minimal leverage, and effective cash flow management. These factors highlight the company's strong operational performance and financial stability.

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	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	4.45B	3.02B	2.25B	1.98B	2.18B
Gross Profit	3.20B	2.14B	1.51B	1.18B	1.31B
EBITDA	843.38M	514.96M	343.56M	-87.42M	131.58M
Net Income	610.13M	360.84M	187.06M	-76.83M	78.17M
Balance Sheet
Total Assets	3.89B	2.63B	1.51B	1.03B	1.16B
Cash, Cash Equivalents and Short-Term Investments	3.04B	1.98B	975.54M	437.65M	511.87M
Total Debt	152.04M	166.28M	248.83M	288.25M	345.46M
Total Liabilities	2.09B	1.54B	1.10B	873.59M	992.56M
Stockholders Equity	1.80B	1.09B	409.63M	159.32M	171.15M
Cash Flow
Free Cash Flow	1.02B	795.12M	492.21M	-102.72M	63.44M
Operating Cash Flow	1.08B	796.94M	494.48M	-85.67M	82.29M
Investing Cash Flow	-82.87M	-16.74M	12.83M	3.67M	-42.80M
Financing Cash Flow	71.77M	239.90M	30.58M	7.78M	-18.64M

PROGRIT, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1093.00
• 50DMA: Negative
• 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 Negative. The current price of 1093 is below the 20-day moving average (MA) of 1119.15, below the 50-day MA of 1170.74, and below the 200-day MA of 1147.13, indicating a bearish trend. The MACD of -25.47 indicates Negative momentum. The RSI at 44.08 is Neutral, neither overbought nor oversold. The STOCH value of 87.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9560.

PROGRIT, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9560	78 Outperform	¥13.83B	16.30		1.19%	35.10%	34.62%
4718	73 Outperform	¥48.92B	19.58		0.96%	7.19%	33.38%
9769	72 Outperform	¥25.78B	13.71		3.90%	0.69%	1.90%
7030	66 Neutral	¥19.71B	32.10		3.45%	5.86%	-21.50%
Sector *	66 Neutral	£8.44B	8.84	5.42%	3.61%	0.64%	12.86%
4668	63 Neutral	¥19.01B	16.41		3.30%	10.85%	123.10%