Heiwa Paper Co., Ltd. (JP:9929)
:9929
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Heiwa Paper Co., Ltd.
(9929)
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Select Model
Rating:56Neutral
Price Target:
¥522.00
▲(11.06% Upside)
Action:ReiteratedDate:10/31/25
Heiwa Paper Co., Ltd. has a stable financial position with consistent revenue and strong equity, but profitability and cash flow challenges weigh on its financial performance. The technical indicators suggest a neutral to slightly bearish trend, and the high P/E ratio indicates potential overvaluation. The dividend yield offers some compensation for investors.
Positive Factors
Strong balance sheet
A robust equity base and moderate leverage provide durable financial flexibility: supports working-capital financing for distribution, cushions commodity price swings, and enables selective investment or supplier financing without threatening solvency over the next several quarters.
Negative Factors
Weak free cash flow
Negative free cash flow and weak conversion from operating cash to FCF reduce the firm's ability to self-fund capex, working-capital needs or payout growth. Over several quarters this constrains strategic flexibility and may force reliance on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet
A robust equity base and moderate leverage provide durable financial flexibility: supports working-capital financing for distribution, cushions commodity price swings, and enables selective investment or supplier financing without threatening solvency over the next several quarters.
Read all positive factors
Heiwa Paper Co., Ltd. (9929) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥4.45B
Dividend Yield2.62%
Average Volume (3M)1.35K
Price to Earnings (P/E)26.8
Beta (1Y)0.21
Revenue Growth-1.03%
EPS Growth-43.05%
CountryJP
Employees195
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)4.39
Shares Outstanding10,116,917
10 Day Avg. Volume1,330
30 Day Avg. Volume1,346
Financial Highlights & Ratios
PEG Ratio-2.54
Price to Book (P/B)0.42
Price to Sales (P/S)0.26
P/FCF Ratio-15.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Heiwa Paper Co., Ltd. Business Overview & Revenue Model
Company Description
Heiwa Paper Co.,Ltd. engages in paper trading activities in Japan and internationally. The company imports, develops, sells, and exports specialty papers, high-grade papers, industrial papers, and other paper materials. It also provides fancy pape...
How the Company Makes Money
Heiwa Paper Co., Ltd. generates revenue through the sale of its wide array of paper products, which include offset paper, coated paper, and specialty papers. The company operates on a business-to-business (B2B) revenue model, supplying its product...
Heiwa Paper Co., Ltd. Financial Statement Overview
Summary
Income Statement
60
Neutral
Balance Sheet
70
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.99B | 16.03B | 16.12B | 16.07B | 15.62B | 14.61B |
| Gross Profit | 3.28B | 3.11B | 3.18B | 3.13B | 2.82B | 2.53B |
| EBITDA | 283.83M | 304.78M | 272.51M | 241.09M | 262.90M | 114.59M |
| Net Income | 97.92M | 117.03M | 136.33M | 874.80M | 87.26M | -34.78M |
Balance Sheet | ||||||
| Total Assets | 17.77B | 18.17B | 19.04B | 17.78B | 15.90B | 16.09B |
| Cash, Cash Equivalents and Short-Term Investments | 2.62B | 2.67B | 2.84B | 3.07B | 3.32B | 3.27B |
| Total Debt | 2.35B | 2.45B | 2.46B | 2.41B | 2.15B | 2.17B |
| Total Liabilities | 7.89B | 8.26B | 8.94B | 8.37B | 7.37B | 7.37B |
| Stockholders Equity | 9.87B | 9.92B | 10.10B | 9.41B | 8.53B | 8.72B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -264.78M | 96.00M | -1.13B | 228.18M | 263.31M |
| Operating Cash Flow | 0.00 | 260.77M | 122.83M | 121.11M | 234.00M | 314.25M |
| Investing Cash Flow | 0.00 | -554.34M | -13.21M | -408.28M | -13.88M | 36.61M |
| Financing Cash Flow | 0.00 | -171.47M | -344.65M | 43.13M | -123.12M | -85.71M |
Heiwa Paper Co., Ltd. Technical Analysis
Neutral
470.00
Price Trends
466.15
Negative
457.72
Positive
443.72
Positive
Market Momentum
-2.82
Positive
46.11
Neutral
22.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9929, the sentiment is Neutral. The current price of 470 is above the 20-day moving average (MA) of 465.05, above the 50-day MA of 466.15, and above the 200-day MA of 443.72, indicating a neutral trend. The MACD of -2.82 indicates Positive momentum. The RSI at 46.11 is Neutral, neither overbought nor oversold. The STOCH value of 22.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9929.
Heiwa Paper Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥3.55B | 3.80 | ― | 3.33% | 1.53% | 20.73% | |
67 Neutral | ¥8.58B | 8.81 | ― | 3.00% | -2.03% | -23.36% | |
64 Neutral | ¥3.30B | 5.54 | ― | 4.43% | -3.73% | -7.14% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | ¥8.95B | -72.44 | ― | 3.00% | 4.22% | 13.08% | |
56 Neutral | ¥4.45B | 26.76 | ― | 2.62% | -1.03% | -43.05% | |
51 Neutral | ¥18.54B | 4.90 | ― | 3.37% | 0.48% | -138.12% |
* Basic Materials Sector Average
JP:9929
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.