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

• Market Cap: ¥11.00B
• Dividend Yield: 1.46%
• Average Volume (3M): 3.08K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.14
• Revenue Growth: 0.19%
• EPS Growth: 32.51%
• Country: JP
• Employees: 514
• Sector: Consumer Defensive
• Sector Strength: 63
• Industry: Grocery Stores
• EPS (TTM): 137.50
• Shares Outstanding: 11,550,000
• 10 Day Avg. Volume: 3,460
• 30 Day Avg. Volume: 3,083
• PEG Ratio: 9.91
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.27
• 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

• Rating: 73 Outperform
• Price Target: ¥1,066.00 ▲(11.39%Upside)

The overall stock score for Tenmaya Store Co., Ltd. reflects a robust financial performance and attractive valuation. The company's strong balance sheet and efficient cash management underpin its financial stability, despite revenue challenges. Technical analysis indicates neutrality, with no strong bullish or bearish signals. The stock's undervaluation relative to its industry peers further enhances its investment appeal.

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

Company Description

Tenmaya Store Co., Ltd. (9846) is a Japanese company primarily engaged in the department store business. It offers a wide range of products including apparel, household goods, food items, and cosmetics. The company operates multiple department stores across Japan, providing customers with a variety of high-quality products and services.

How the Company Makes Money

Tenmaya Store Co., Ltd. generates revenue primarily through the sale of goods in its department stores. The company's key revenue streams include the direct sale of apparel, household goods, food items, and cosmetics. Additionally, Tenmaya Store may earn income from leasing retail space to other vendors within its department stores, thereby diversifying its revenue sources. Factors contributing to its earnings include strategic store locations, customer loyalty programs, and seasonal promotions. The company may also engage in partnerships with popular brands to enhance its product offerings and attract more 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. Continued focus on revenue growth will be crucial for future success given the competitive grocery industry landscape.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
58.73B	58.68B	58.57B	57.74B	67.13B	69.46B
	Gross Profit
19.26B	17.51B	19.39B	18.89B	19.44B	19.89B
	EBIT
2.39B	2.28B	2.28B	2.06B	2.15B	2.30B
	EBITDA
3.63B	3.86B	3.52B	3.40B	3.41B	3.31B
	Net Income Common Stockholders
1.48B	1.58B	1.19B	1.07B	1.06B	798.21M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
911.00M	571.77M	708.29M	822.02M	553.95M	1.04B
	Total Assets
43.14B	42.05B	42.75B	43.77B	43.26B	45.75B
	Total Debt
3.97B	4.53B	6.29B	8.84B	10.20B	13.12B
	Net Debt
3.06B	3.96B	5.59B	8.02B	9.65B	12.08B
	Total Liabilities
17.22B	15.71B	17.90B	20.06B	20.60B	24.07B
	Stockholders Equity
25.89B	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: 957.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 957 is above the 20-day moving average (MA) of 954.95, above the 50-day MA of 955.80, and below the 200-day MA of 976.71, indicating a neutral trend. The MACD of -0.20 indicates Negative momentum. The RSI at 57.39 is Neutral, neither overbought nor oversold. The STOCH value of 73.33 is Neutral, 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
9890	79 Outperform	¥10.45B	6.99		2.39%	15.66%	2.87%
2735	77 Outperform	¥9.14B	9.29		2.96%	2.42%	154.96%
3096	76 Outperform	¥11.63B	11.08		1.13%	6.01%	-21.51%
9846	73 Outperform	¥11.00B	6.96		1.46%	0.19%	32.51%
Sector *	65 Neutral	$8.92B	15.03	4.68%	6.11%	3.59%	-2.49%
9993	54 Neutral	¥12.42B	―		2.37%	0.65%	-679.30%
3094	41 Neutral	¥10.09B	―		―	-5.60%	-23.60%