Ensuiko Sugar Refining Co., Ltd. (2112) AI Stock Analysis

• Market Cap: ¥12.33B
• Dividend Yield: 2.24%
• Average Volume (3M): 158.81K
• Price to Earnings (P/E): 5.8
• Beta (1Y): 0.56
• Revenue Growth: 2.91%
• EPS Growth: 62.43%
• Country: JP
• Employees: 76
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): 26.25
• Shares Outstanding: 35,000,000
• 10 Day Avg. Volume: 250,380
• 30 Day Avg. Volume: 158,813
• 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: ¥448.00
• Price Target Upside: 0.22% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: ¥448.00 ▲(0.22% Upside)

Ensuiko Sugar Refining Co., Ltd. demonstrates a strong overall performance with a robust financial position and attractive valuation. While technical analysis indicates potential overbought conditions, the company's low P/E ratio and healthy dividend yield make it appealing for value investors.

Ensuiko Sugar Refining Co., Ltd. Business Overview & Revenue Model

Company Description

Ensuiko Sugar Refining Co., Ltd. (2112) is a Japanese company engaged in the production and sale of sugar and related products. The company operates primarily in the food and beverage sector, focusing on refining raw sugar into various forms of refined sugar for consumption and industrial use. Ensuiko Sugar Refining Co., Ltd. also explores opportunities in other sectors related to sugar production, including the development of sugar-related products and by-products.

How the Company Makes Money

Ensuiko Sugar Refining Co., Ltd. generates revenue primarily through the sale of refined sugar products. The company processes raw sugar into a variety of refined sugar types, catering to both consumer markets and industrial clients such as food and beverage manufacturers. Revenue streams include domestic sales within Japan and exports to international markets. Additionally, the company may earn income through partnerships and collaborations with other entities in the sugar supply chain, including distribution agreements and joint ventures aimed at expanding market reach and optimizing production efficiency. Factors contributing to its earnings include the global demand for sugar, fluctuations in raw sugar prices, and operational efficiencies in the refining process.

Ensuiko Sugar Refining Co., Ltd. Financial Statement Overview

Summary

Ensuiko Sugar Refining Co., Ltd. exhibits a strong financial position with consistent revenue growth, healthy profit margins, and effective cash flow management. The company maintains a stable balance sheet with moderate leverage and strong capitalization.

Income Statement

Ensuiko Sugar Refining Co., Ltd. demonstrates strong revenue growth and profitability. The company achieved a 3.07% revenue growth from 2024 to 2025 with an impressive gross profit margin of 19.02% and a net profit margin of 6.57% for 2025. EBIT and EBITDA margins are healthy at 8.86% and 11.51% respectively, showing efficient operations.

Balance Sheet

The company maintains a stable balance sheet with a debt-to-equity ratio of 0.50, indicating moderate leverage. Return on equity stands at 12.85%, reflecting solid profitability. The equity ratio of 56.52% signifies strong capitalization and low financial risk.

Cash Flow

Ensuiko Sugar Refining Co., Ltd. displays robust cash flow management. The free cash flow growth rate is a remarkable 71.57% from 2024 to 2025. The operating cash flow to net income ratio is 1.73, and the free cash flow to net income ratio is 1.47, both indicating strong cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	32.52B	32.52B	31.55B	27.95B	25.13B	23.69B
Gross Profit	6.19B	6.19B	4.65B	3.59B	3.79B	4.82B
EBITDA	3.82B	3.74B	2.74B	1.45B	1.66B	1.86B
Net Income	2.14B	2.14B	1.48B	498.00M	609.00M	775.00M
Balance Sheet
Total Assets	29.41B	29.41B	27.51B	25.88B	26.11B	27.24B
Cash, Cash Equivalents and Short-Term Investments	3.31B	3.31B	2.31B	2.21B	3.53B	4.90B
Total Debt	8.25B	8.25B	10.17B	11.83B	13.08B	14.66B
Total Liabilities	12.79B	12.79B	13.80B	14.85B	15.74B	17.32B
Stockholders Equity	16.62B	16.62B	13.71B	11.03B	10.38B	9.92B
Cash Flow
Free Cash Flow	0.00	3.15B	1.83B	141.00M	587.00M	306.00M
Operating Cash Flow	0.00	3.70B	2.11B	447.00M	1.08B	792.00M
Investing Cash Flow	0.00	-520.00M	-227.00M	-374.00M	-711.00M	-481.00M
Financing Cash Flow	0.00	-2.17B	-1.79B	-1.40B	-1.74B	1.88B

Ensuiko Sugar Refining Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 447.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2112, the sentiment is Positive. The current price of 447 is above the 20-day moving average (MA) of 415.40, above the 50-day MA of 400.96, and above the 200-day MA of 346.78, indicating a bullish trend. The MACD of 14.65 indicates Negative momentum. The RSI at 71.54 is Negative, neither overbought nor oversold. The STOCH value of 88.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2112.

Ensuiko Sugar Refining Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2117	79 Outperform	¥86.55B	15.55	7.70%	4.10%	9.30%	7.40%
2114	78 Outperform	¥29.50B	11.04	11.94%	2.96%	7.36%	31.17%
2112	76 Outperform	¥12.33B	5.83	―	2.24%	2.91%	62.43%
2108	71 Outperform	¥40.83B	-12.32	3.66%	2.75%	-1.05%	-140.53%
2109	71 Outperform	¥104.58B	17.61	5.49%	3.89%	4.33%	5.96%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%