Rock Field Co., Ltd. (2910) AI Stock Analysis

• Market Cap: ¥40.12B
• Dividend Yield: 1.52%
• Average Volume (3M): 48.99K
• Price to Earnings (P/E): 92.7
• Beta (1Y): 0.32
• Revenue Growth: -0.85%
• EPS Growth: -47.77%
• Country: JP
• Employees: 1,635
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): -0.41
• Shares Outstanding: 26,788,748
• 10 Day Avg. Volume: 79,130
• 30 Day Avg. Volume: 48,990
• 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: ¥1,461.00
• Price Target Upside: -3.18% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: ¥1,461.00 ▼(-3.18% Downside)

Rock Field Co., Ltd. faces significant challenges with weak financial performance and technical indicators pointing to bearish momentum. The high P/E ratio suggests overvaluation, further impacting the stock's attractiveness. The company's strong balance sheet is a positive, but operational inefficiencies and poor cash flow generation are major concerns.

Rock Field Co., Ltd. Business Overview & Revenue Model

Company Description

Rock Field Co., Ltd. engages in the manufacture and sale of sozai products in Japan. It markets its products under the RF1, Kobe Croquettes, Vegeteria, Itohan, Yugo, and Green gourmet brand names. The company was founded in 1972 and is headquartered in Kobe, Japan.

How the Company Makes Money

Rock Field Co., Ltd. generates revenue primarily through the sale of its processed food products, which include a wide range of ready-to-eat meals, delicatessen items, and other meat and seafood offerings. The company's revenue model includes direct sales to retailers and food service providers, as well as online sales channels. Key revenue streams are derived from partnerships with supermarkets and convenience stores, where Rock Field's products are prominently featured. Additionally, the company benefits from seasonal promotions and product launches that attract consumer interest. Strategic collaborations with food distributors and catering companies further enhance its market reach and profitability.

Rock Field Co., Ltd. Financial Statement Overview

Summary

Rock Field Co., Ltd. shows strong revenue growth and high gross profit margins, indicating efficient production processes. The balance sheet is robust with low leverage, but there are cash flow challenges due to high capital expenditures.

Income Statement

The company shows strong revenue growth with a consistent upward trend from 2020 to TTM. Gross profit margin remains high, indicating efficient production processes. However, there is a decline in net profit margin in TTM due to reduced net income, which affects overall profitability. EBIT and EBITDA margins are stable, reflecting operational efficiency but also showing slight declines in the latest period.

Balance Sheet

The balance sheet is robust with a high equity ratio, indicating strong financial stability. Debt-to-equity ratio is low, demonstrating conservative leverage practices. Return on equity has decreased in TTM due to reduced net income, but overall equity strength remains solid.

Cash Flow

Cash flow performance shows variability with a decline in free cash flow in TTM. Operating cash flow is positive, though it has decreased significantly compared to prior years. The company faces challenges with capital expenditures exceeding operating cash flow, impacting free cash flow negatively.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.18B	51.18B	51.36B	49.97B	47.12B	43.76B
Gross Profit	29.39B	29.39B	29.64B	28.43B	27.27B	25.40B
EBITDA	2.39B	2.42B	3.53B	3.19B	3.85B	2.83B
Net Income	329.00M	329.00M	1.25B	1.08B	1.38B	1.17B
Balance Sheet
Total Assets	35.31B	35.31B	36.02B	36.05B	36.50B	35.32B
Cash, Cash Equivalents and Short-Term Investments	13.60B	13.60B	14.16B	13.82B	14.52B	13.42B
Total Debt	1.12B	1.12B	1.42B	1.69B	2.07B	2.58B
Total Liabilities	6.40B	6.40B	6.88B	6.89B	7.42B	7.13B
Stockholders Equity	28.91B	28.91B	29.14B	29.16B	29.08B	28.19B
Cash Flow
Free Cash Flow	1.08B	733.00M	2.39B	1.29B	2.59B	431.00M
Operating Cash Flow	2.03B	2.03B	3.56B	2.21B	3.42B	2.76B
Investing Cash Flow	-1.40B	-1.40B	-1.24B	-1.08B	-1.01B	-2.50B
Financing Cash Flow	-1.19B	-1.19B	-1.98B	-1.84B	-1.31B	-733.00M

Rock Field Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1509.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2910, the sentiment is Negative. The current price of 1509 is below the 20-day moving average (MA) of 1535.75, below the 50-day MA of 1537.98, and below the 200-day MA of 1536.90, indicating a bearish trend. The MACD of -13.18 indicates Positive momentum. The RSI at 41.81 is Neutral, neither overbought nor oversold. The STOCH value of 40.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2910.

Rock Field Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2915	80 Outperform	32.73B	11.01	8.77%	1.89%	1.16%	-23.94%
2918	74 Outperform	49.14B	18.33	4.73%	3.17%	6.28%	-36.71%
2831	68 Neutral	31.95B	12.95	5.94%	1.62%	0.57%	12.46%
2923	67 Neutral	45.39B	16.64	8.67%	0.72%	10.79%	27.11%
2922	65 Neutral	25.42B	26.02	5.16%	1.19%	2.58%	-35.52%
2910	46 Neutral	¥40.12B	92.75		1.52%	-0.85%	-47.77%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Rock Field Co., Ltd. Corporate Events

Rock Field Co., Ltd. Reports Decline in Profits Despite Stable Sales

Rock Field Co., Ltd. reported its consolidated financial results for the nine months ended January 31, 2025, showing a slight increase in net sales by 0.6% to ¥39,522 million. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, with decreases of 14.1%, 13.7%, and 44.2% respectively. These results indicate challenges in maintaining profitability despite stable sales, which may impact the company’s market positioning and stakeholder confidence.