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STI Foods Holdings, Inc.
(2932)
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Rating:71Outperform
Price Target:
¥1,190.00
▼(-5.63% Downside)
Action:Upgraded
Date:08/06/26
The score is driven primarily by solid financial performance (strong revenue growth and profitability/ROE) tempered by inconsistent cash generation and some operating-margin pressure. Valuation is a clear positive with a low P/E and healthy dividend yield, while technicals are mixed and do not add strong momentum support.
Positive Factors
Multi-year revenue growth
Consistent annual revenue gains through 2020–2025 show durable demand and successful scale-up. Sustained top-line growth supports capacity utilization, long-term customer relationships and reinvestment in product and distribution, underpinning medium-term earnings resilience.
Negative Factors
Inconsistent cash generation
Volatile free cash flow and a decline in operating cash flow in 2025 indicate uneven cash conversion of earnings, likely from working-capital swings. This undermines ability to reliably fund capex, dividends or deleveraging, increasing reliance on external financing in stress periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-year revenue growth
Consistent annual revenue gains through 2020–2025 show durable demand and successful scale-up. Sustained top-line growth supports capacity utilization, long-term customer relationships and reinvestment in product and distribution, underpinning medium-term earnings resilience.
Read all positive factors
STI Foods Holdings, Inc. (2932) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥19.89B
Dividend Yield3.57%
Average Volume (3M)21.88K
Price to Earnings (P/E)11.4
Beta (1Y)0.42
Revenue Growth4.96%
EPS Growth-19.83%
CountryJP
Employees413
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)131.70
Shares Outstanding17,778,900
10 Day Avg. Volume18,220
30 Day Avg. Volume21,883
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)2.23
Price to Sales (P/S)0.58
P/FCF Ratio15.28
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)123.9
Revenue Forecast (FY)¥43.52B
STI Foods Holdings, Inc. Business Overview & Revenue Model
Company Description
STI Foods Holdings, Inc. specializes in the creation and distribution of a diverse range of food products, with a significant emphasis on seafood. Their extensive catalog features prepared items such as salmon roe rice balls, grilled salted macker...
How the Company Makes Money
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STI Foods Holdings, Inc. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 39.01B | 38.60B | 35.58B | 31.78B | 27.57B | 26.26B |
| Gross Profit | 10.50B | 10.45B | 9.95B | 8.80B | 7.35B | 7.22B |
| EBITDA | 3.41B | 3.61B | 3.73B | 3.18B | 2.30B | 2.51B |
| Net Income | 2.34B | 2.49B | 1.69B | 1.56B | 1.01B | 1.11B |
Balance Sheet | ||||||
| Total Assets | 20.24B | 21.85B | 19.28B | 15.10B | 13.81B | 12.78B |
| Cash, Cash Equivalents and Short-Term Investments | 2.13B | 3.51B | 4.23B | 4.05B | 2.69B | 3.29B |
| Total Debt | 3.03B | 4.21B | 3.93B | 1.72B | 2.09B | 1.93B |
| Total Liabilities | 10.27B | 11.80B | 10.90B | 7.66B | 7.60B | 7.34B |
| Stockholders Equity | 9.97B | 10.05B | 8.39B | 7.45B | 6.20B | 5.44B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.47B | -186.16M | 2.75B | 346.62M | 1.07B |
| Operating Cash Flow | 0.00 | 2.02B | 3.23B | 3.07B | 859.38M | 1.49B |
| Investing Cash Flow | 0.00 | -1.59B | -3.49B | -459.22M | -660.38M | -518.89M |
| Financing Cash Flow | 0.00 | -1.14B | 417.04M | -1.26B | -822.55M | -287.31M |
STI Foods Holdings, Inc. Technical Analysis
Positive
1261.00
Price Trends
1083.72
Positive
1082.61
Positive
1163.53
Negative
Market Momentum
8.49
Negative
62.16
Neutral
96.40
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2932, the sentiment is Positive. The current price of 1261 is above the 20-day moving average (MA) of 1099.50, above the 50-day MA of 1083.72, and above the 200-day MA of 1163.53, indicating a neutral trend. The MACD of 8.49 indicates Negative momentum. The RSI at 62.16 is Neutral, neither overbought nor oversold. The STOCH value of 96.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2932.
STI Foods Holdings, Inc. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥19.89B | 11.43 | ― | 3.69% | 4.96% | -19.83% | |
71 Outperform | ¥34.44B | 10.28 | ― | 1.96% | 2.00% | 35.75% | |
69 Neutral | ¥24.07B | 11.11 | ― | 1.87% | 5.01% | 120.83% | |
69 Neutral | ¥14.68B | 10.56 | ― | 2.16% | -3.26% | 39.47% | |
65 Neutral | ¥23.72B | 18.36 | ― | 2.05% | 0.16% | -44.46% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
61 Neutral | ¥25.96B | 28.92 | ― | 1.87% | -0.27% | -62.67% |
* Consumer Defensive Sector Average
JP:2932
STI Foods Holdings, Inc.
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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.