Tenmaya Store Co., Ltd. (9846) AI Stock Analysis

• Market Cap: ¥11.07B
• Dividend Yield: 1.45%
• Average Volume (3M): 4.40K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 0.19
• Revenue Growth: -0.02%
• EPS Growth: -7.09%
• Country: JP
• Employees: 514
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Grocery Stores
• EPS (TTM): N/A
• Shares Outstanding: 11,550,000
• 10 Day Avg. Volume: 4,860
• 30 Day Avg. Volume: 4,396
• PEG Ratio: 0.22
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.19
• P/FCF Ratio: 5.45
• 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: 67 Neutral
• Price Target: ¥1,040.00 ▲(8.11% Upside)

Tenmaya Store Co., Ltd. demonstrates strong financial performance with robust profitability and cash flow metrics, which are the most significant factors in its overall score. The stock's attractive valuation further supports its appeal, although technical indicators suggest a neutral to slightly bearish outlook. The absence of earnings call data and notable corporate events limits additional insights.

Positive Factors

Profitability and Cash Flow

Strong profitability and cash flow indicate effective cost management and operational efficiency, ensuring the company can sustain operations and invest in growth.

Balance Sheet Health

Improved debt-to-equity ratio shows reduced financial leverage, enhancing financial stability and reducing risk, which supports long-term sustainability.

Net Profit Margin Improvement

Improved net profit margins reflect enhanced profitability and efficient cost management, contributing to stronger financial health and potential for reinvestment.

Negative Factors

Declining Revenue

Declining revenue is a concern for future growth, indicating potential challenges in market demand or competitive positioning that may affect long-term prospects.

Variable Asset Management Efficiency

Fluctuating equity ratio suggests inconsistent asset management, which could impact financial stability and operational efficiency over time.

Negative Financing Cash Flow

Negative financing cash flow indicates reliance on debt repayment, which could limit financial flexibility and investment capacity in the long term.

Tenmaya Store Co., Ltd. Business Overview & Revenue Model

Company Description

Tenmaya Store Co., Ltd. operates a chain of retail stores in Japan. The company's stores offer groceries, miscellaneous goods, and clothing products. The company was founded in 1969 and is headquartered in Okayama, Japan.

How the Company Makes Money

Tenmaya Store generates revenue primarily through the sale of goods in its department stores and supermarkets. The company's key revenue streams include sales of clothing, food and beverages, and household items. Additionally, Tenmaya may earn income from promotional activities, leasing retail space to third-party vendors, and offering loyalty programs that encourage repeat customers. Strategic partnerships with suppliers and local producers also play a significant role in its earnings, enabling the company to offer competitive pricing and unique products that attract customers.

Tenmaya Store Co., Ltd. Financial Statement Overview

Summary

Tenmaya Store Co., Ltd. exhibits stable financial health with strong profitability metrics and a solid balance sheet. Despite declining revenue, profitability and cash flow metrics are robust, reflecting effective cost control and cash management. The company has reduced financial leverage over the years, enhancing its financial stability.

Income Statement

Tenmaya Store Co., Ltd. demonstrates stable financial performance with a consistent gross profit margin around 30% over the years, indicating efficient cost management. The net profit margin has improved from 1.38% in 2021 to 2.69% in 2025, showcasing enhanced profitability. However, revenue has seen a declining trend, from 71 billion JPY in 2020 to 58 billion JPY in 2025, which is a concern for future growth. Both EBIT and EBITDA margins remain stable, reflecting steady operational efficiency.

Balance Sheet

The company maintains a strong equity base with a steady increase in stockholders' equity from 20.9 billion JPY in 2020 to 26.3 billion JPY in 2025. The debt-to-equity ratio has improved, decreasing from 0.75 in 2020 to 0.17 in 2025, underscoring reduced financial leverage and risk. However, the equity ratio has fluctuated, indicating variable asset management efficiency. Overall, the balance sheet reflects a solid financial position with manageable debt levels.

Cash Flow

Free cash flow has been positive and stable, with a slight growth, reflecting robust cash generation capabilities. The operating cash flow to net income ratio is healthy, indicating strong cash conversion. There is a consistent reduction in capital expenditures, contributing to sustained free cash flow. The company effectively manages its cash flows, but the financing cash flow remains negative, suggesting ongoing debt repayments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	58.82B	58.68B	58.57B	57.74B	67.13B	69.46B
Gross Profit	18.86B	17.51B	19.39B	18.89B	19.44B	19.89B
EBITDA	3.73B	3.86B	3.52B	3.40B	3.41B	3.31B
Net Income	1.34B	1.58B	1.19B	1.07B	1.06B	798.21M
Balance Sheet
Total Assets	44.47B	42.05B	42.75B	43.77B	43.26B	45.75B
Cash, Cash Equivalents and Short-Term Investments	795.00M	571.77M	708.29M	822.02M	553.95M	1.04B
Total Debt	2.60B	4.53B	6.29B	8.84B	10.20B	13.12B
Total Liabilities	17.53B	15.71B	17.90B	20.06B	20.60B	24.07B
Stockholders Equity	26.90B	26.30B	24.81B	23.68B	22.63B	21.63B
Cash Flow
Free Cash Flow	0.00	2.03B	2.67B	2.73B	2.32B	1.90B
Operating Cash Flow	0.00	2.96B	3.72B	3.64B	4.16B	3.37B
Investing Cash Flow	0.00	-834.59M	-1.13B	-885.00M	-1.44B	-508.82M
Financing Cash Flow	0.00	-2.26B	-2.70B	-2.49B	-3.21B	-2.62B

Tenmaya Store Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 962.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9846, the sentiment is Positive. The current price of 962 is above the 20-day moving average (MA) of 958.85, above the 50-day MA of 959.82, and above the 200-day MA of 955.12, indicating a bullish trend. The MACD of 1.25 indicates Negative momentum. The RSI at 59.87 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9846.

Tenmaya Store Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3096	74 Outperform	¥13.95B	13.15	―	1.49%	5.86%	-16.20%
9890	73 Outperform	¥11.97B	7.75	―	2.30%	10.43%	12.10%
9846	67 Neutral	¥11.07B	8.22	―	1.45%	-0.02%	-7.09%
2735	63 Neutral	¥8.29B	9.74	―	3.67%	0.52%	-3.78%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
9993	51 Neutral	¥12.64B	-15.50	―	2.33%	2.43%	50.53%
3094	49 Neutral	¥10.01B	-5.72	―	―	-12.69%	22.75%