Aseed Holdings Co., Ltd. (9959) AI Stock Analysis

• Market Cap: ¥8.57B
• Dividend Yield: 2.6%
• Average Volume (3M): 5.23K
• Price to Earnings (P/E): 11.5
• Beta (1Y): 0.23
• Revenue Growth: 2.83%
• EPS Growth: 2.89%
• Country: JP
• Employees: 744
• Sector: Consumer Defensive
• Sector Strength: 41
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): 14.32
• Shares Outstanding: 13,495,248
• 10 Day Avg. Volume: 3,700
• 30 Day Avg. Volume: 5,230
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥705.00
• Price Target Upside: 2.03% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: ¥705.00 ▲(2.03% Upside)

Aseed Holdings Co., Ltd. demonstrates a solid financial foundation with strong profitability and growth, but faces liquidity challenges due to cash flow issues. The stock appears potentially undervalued with an attractive dividend yield. Technical indicators suggest a neutral to slightly bearish market sentiment.

Positive Factors

Revenue Growth

Consistent revenue growth reflects the company's ability to expand its market presence and adapt to consumer demands, supporting long-term business sustainability.

Profit Margins

Strong gross profit margins indicate effective cost management and pricing strategies, which contribute to sustained profitability and competitive advantage.

Operational Efficiency

Efficient operations, as shown by stable EBIT and EBITDA margins, suggest the company can maintain profitability even as it scales, enhancing long-term viability.

Negative Factors

Cash Flow Challenges

Negative free cash flow growth highlights potential liquidity issues, which could limit the company's ability to invest in growth opportunities or weather economic downturns.

Leverage

Moderate leverage suggests a reliance on debt financing, which could pose risks if interest rates rise or if the company faces unexpected financial pressures.

Net Profit Margins

Modest net profit margins may limit the company's ability to generate significant shareholder returns, potentially impacting long-term investor confidence.

Aseed Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

Aseed Holdings Co., Ltd. (9959) is a Japan-based company primarily engaged in the vending machine operations and related services. The company operates in various sectors including beverage sales through vending machines, the leasing and maintenance of vending machines, and the provision of related services. Aseed Holdings is committed to enhancing customer satisfaction by offering a wide range of products and prompt services, ensuring the efficient distribution and availability of beverages and other goods.

How the Company Makes Money

Aseed Holdings Co., Ltd. generates revenue primarily through its vending machine operations. The company earns money by selling beverages and other goods through its extensive network of vending machines spread across various locations in Japan. Additional revenue streams include leasing vending machines to businesses and providing maintenance services to ensure optimal machine functionality. The company's earnings are further supported by partnerships with beverage manufacturers and other suppliers, enabling it to offer a wide range of products and maintain competitive pricing. With a focus on operational efficiency and customer satisfaction, Aseed Holdings has established a robust revenue model centered on its core vending machine operations.

Aseed Holdings Co., Ltd. Financial Statement Overview

Summary

Aseed Holdings Co., Ltd. shows strong revenue growth and robust profit margins. The balance sheet is stable yet slightly leveraged, with a moderate debt-to-equity ratio. However, challenges in cash flow due to increased capital expenditures highlight liquidity concerns.

Income Statement

Aseed Holdings Co., Ltd. demonstrates strong gross profit margins with a notable improvement in revenue growth over recent years. The gross profit margin for 2025 is approximately 38.0%, showcasing robust profitability. However, net profit margins are relatively modest at around 3.12% for the same period. Recent revenue growth of 3.05% indicates a positive trend, albeit slower compared to prior years. The company maintains a stable EBIT margin of 3.2% and a healthy EBITDA margin of 7.6%, reflecting operational efficiency.

Balance Sheet

The company's balance sheet reflects a moderately leveraged position with a debt-to-equity ratio of 1.01, indicating a balanced but slightly high reliance on debt financing. The return on equity (ROE) stands at 10.36%, suggesting satisfactory profitability relative to shareholder equity. The equity ratio of 36.8% signifies a reasonable cushion against liabilities, though there's room for improvement in strengthening equity levels.

Cash Flow

The cash flow analysis reveals some challenges, with a decline in free cash flow due to increased capital expenditures. The free cash flow growth rate is concerning, turning negative in recent periods. The operating cash flow to net income ratio is 1.12, indicating decent cash generation relative to net income, but the free cash flow to net income ratio is negative, highlighting potential liquidity pressures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.97B	23.97B	23.26B	21.23B	19.28B	23.93B
Gross Profit	9.11B	9.11B	8.78B	8.03B	7.63B	7.29B
EBITDA	1.68B	1.83B	1.92B	1.51B	1.32B	1.18B
Net Income	748.00M	748.00M	768.00M	602.00M	178.00M	304.00M
Balance Sheet
Total Assets	19.66B	19.66B	18.93B	16.58B	15.11B	14.60B
Cash, Cash Equivalents and Short-Term Investments	1.77B	1.77B	1.57B	1.08B	904.00M	965.00M
Total Debt	7.29B	7.29B	6.75B	6.56B	5.43B	4.73B
Total Liabilities	12.43B	12.43B	12.30B	10.96B	10.01B	9.26B
Stockholders Equity	7.22B	7.22B	6.63B	5.62B	5.10B	5.33B
Cash Flow
Free Cash Flow	0.00	-76.00M	1.13B	-401.00M	276.00M	1.13B
Operating Cash Flow	0.00	838.00M	1.69B	1.14B	922.00M	1.34B
Investing Cash Flow	0.00	-828.00M	-988.00M	-1.68B	-481.00M	-143.00M
Financing Cash Flow	0.00	192.00M	-206.00M	748.00M	-509.00M	-1.01B

Aseed Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 691.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9959, the sentiment is Positive. The current price of 691 is above the 20-day moving average (MA) of 687.50, above the 50-day MA of 677.00, and above the 200-day MA of 668.21, indicating a bullish trend. The MACD of 3.63 indicates Positive momentum. The RSI at 62.36 is Neutral, neither overbought nor oversold. The STOCH value of 82.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9959.

Aseed Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2585	76 Outperform	¥120.56B	34.39		0.52%	17.94%	15.35%
2573	69 Neutral	¥47.03B	31.94		0.71%	1.24%	-7.09%
9959	65 Neutral	¥8.57B	11.47		2.60%	2.83%	2.89%
2597	64 Neutral	¥13.09B	20.74		0.82%	18.53%	42.79%
2590	63 Neutral	¥83.36B	23.09		0.97%	3.54%	-135.08%
Sector *	62 Neutral	$20.56B	14.66	-3.18%	3.15%	1.93%	-6.58%
2586	58 Neutral	¥19.87B	40.29		―	135.04%	―