Skip to main content
TipRanks
Go Ultimate75% OFF

Can Do Co., Ltd. (2698) AI Stock Analysis

0 Followers
JP:2698

Can Do Co., Ltd.

(TSE/TYO:2698)

Select Model
Rating:57Neutral
Price Target:JPY 3,141.00▲(1.82% Upside)
Action:reiterated
Date:11/07/26

The overall score of 57 is weighed down by very poor valuation and weak technicals. The extremely high P/E ratio of 241.8 and the stock trading below all major moving averages with negative momentum are significant risks. These factors largely offset the company's solid financial turnaround, which is characterized by strong cash flow and a return to profitability. The primary strength is the improved financial foundation, but the current market price does not offer an attractive entry point.

Positive Factors
Steady Revenue GrowthSteady revenue growth across 2020–2025 indicates continued customer demand for Can Do’s low-priced daily necessities and household goods. A growing sales base can support operating leverage, strengthen the nationwide retail network, and provide a foundation for sustained earnings improvement.
Negative Factors
Very Thin and Volatile ProfitabilityVery thin net margins leave little cushion if costs rise or demand weakens, making earnings sensitive to modest operational changes. Multiple recent loss years also show that the 2025 recovery has not yet established a consistently durable profitability record.

Can Do Co., Ltd. (2698) vs. iShares MSCI Japan ETF (EWJ)

-20%-10%0%10%20%30%JP:2698-11.82%EWJ+13.61%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 49.30B
Dividend Yield
0.55%
Average Volume (3M)
17.34K
Price to Earnings (P/E)
245.8
Beta (1Y)
0.44
Revenue Growth
4.05%
EPS Growth
-75.04%
Country
Japan
Employees
559
Sector
Consumer Defensive
Sector Strength
62
Industry
Discount Stores

Can Do Co., Ltd. Business Overview & Revenue Model

Company Description

Can Do Co., Ltd. operates a chain of retail stores in Japan. It offers daily necessities and processed food products through managed stores. The company is also involved in the wholesale business to franchisees. Can Do Co., Ltd. was incorporated in 1...

Can Do Co., Ltd. Financial Statement Overview

Summary

Financial performance is solid, driven by a successful turnaround to profitability, strong cash flow generation (operating cash flow of ¥4.4B, FCF of ¥2.7B), and a manageable balance sheet with a debt-to-equity ratio of 0.36. Revenue growth is steady, and margins are improving, though overall profitability remains modest.

Income Statement

68Positive

Balance Sheet

72Positive

Cash Flow

78Positive
Financial statement breakdown
BreakdownTTMFeb 2026Feb 2025Feb 2024Feb 2023Nov 2021
Income Statement
Total Revenue87.89B85.86B83.38B80.36B74.52B73.13B
Gross Profit32.46B32.61B30.54B28.53B26.82B26.70B
EBITDA2.84B2.92B1.99B1.33B1.63B2.17B
Net Income486.00M446.00M-163.00M-1.17B-274.40M194.00M
Balance Sheet
Total Assets34.08B34.44B29.64B29.34B28.44B28.29B
Cash, Cash Equivalents and Short-Term Investments4.95B4.81B2.03B2.83B3.95B3.16B
Total Debt3.91B3.90B3.90B3.80B803.00M17.00M
Total Liabilities23.32B23.74B19.22B18.66B16.34B15.77B
Stockholders Equity10.76B10.70B10.42B10.68B12.10B12.52B
Cash Flow
Free Cash Flow2.69B2.69B36.00M-2.44B-288.00M-664.00M
Operating Cash Flow4.39B4.39B1.89B-899.00M906.00M1.17B
Investing Cash Flow-2.17B-2.17B-2.51B-2.11B-1.54B-2.02B
Financing Cash Flow386.00M386.00M-173.00M2.72B519.00M-272.00M

Can Do Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price3085.00

Price Trends

50DMA3212.50Negative
100DMA3367.67Negative
200DMA3333.35Negative

Market Momentum

MACD-49.52Negative
RSI44.57Neutral
STOCH54.36Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2698, the sentiment is Negative. The current price of 3085.00 is below the 20-day moving average (MA) of 3114.75, below the 50-day MA of 3212.50, and below the 200-day MA of 3333.35, indicating a bearish trend. The MACD of -49.52 indicates Negative momentum. The RSI at 44.57 is Neutral, neither overbought nor oversold. The STOCH value of 54.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2698.

Can Do Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (62)

Financial Indicators

JP:2698 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:8242JP:824273OutperformJPY 336.31B8.5712.34%1.69%-0.44%172.74%
Sector *62Neutral$20.33B14.63-3.31%3.23%1.93%-12.26%
JP:3086JP:308657NeutralJPY 749.22B27.776.63%1.79%-2.97%-8.55%
JP:2698JP:269857NeutralJPY 48.29B245.82―0.55%4.05%-75.04%
JP:8267JP:826753NeutralJPY 3.45T41.976.82%1.07%10.69%179.63%
JP:8273JP:827348NeutralJPY 207.72B12.09―3.04%0.92%46.70%
JP:9946JP:994642NeutralJPY 51.72B-5.09―1.13%2.66%-81.23%

* Consumer Defensive Sector Average

Performance Comparison

-50%-25%0%25%50%JP:2698JP:8267JP:3086JP:8242JP:8273JP:9946Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:2698 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:2698Can Do Co., Ltd.3085.00-398.45-11.44%
JP:8267AEON Co 1273.50-1191.15-48.33%
JP:3086J FRONT RETAILING Co 3074.00803.7535.40%
JP:8242H2O Retailing Corporation2838.50712.1333.49%
JP:8273Izumi Co., Ltd.987.0036.753.87%
JP:9946Ministop Co., Ltd.1776.00-242.07-11.99%
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.

Date of analysis: Nov 07, 2026