Good Com Asset Co.,Ltd. (3475) AI Stock Analysis

• Market Cap: ¥44.66B
• Dividend Yield: 2.7%
• Average Volume (3M): 270.89K
• Price to Earnings (P/E): 19.4
• Beta (1Y): 0.66
• Revenue Growth: 21.25%
• EPS Growth: 28.04%
• Country: JP
• Employees: 186
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): -18.42
• Shares Outstanding: 30,530,400
• 10 Day Avg. Volume: 193,800
• 30 Day Avg. Volume: 270,886
• PEG Ratio: 0.03
• Price to Book (P/B): 1.73
• Price to Sales (P/S): 0.40
• P/FCF Ratio: 0.93
• 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: ¥1,518.00
• Price Target Upside: 0.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 85 Outperform
• Price Target: ¥1,518.00 ▲(0.73% Upside)

The stock is highly attractive due to its strong financial performance, robust technical indicators indicating upward momentum, and appealing valuation metrics. The company's solid cash flow and revenue growth enhance its investment appeal, though monitoring of debt levels is advisable.

Good Com Asset Co.,Ltd. Business Overview & Revenue Model

Company Description

Good Com Asset Co., Ltd. plans, develops, and sells residential condominiums and lots under the GENOVIA brand in Japan. It also provides residential real estate management and rental services; and acts as a real estate consultant. In addition, the company offers property and casualty insurance products. Good Com Asset Co., Ltd. was incorporated in 2005 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Good Com Asset Co., Ltd. generates revenue through several key streams, primarily from leasing and rental income derived from its portfolio of commercial and residential properties. The company also earns money through property sales and development projects, capitalizing on the appreciation of real estate values. Additionally, it offers consultancy services for property management and investment, which contribute further to its revenue. Strategic partnerships with local governments and developers enhance its project pipeline and facilitate access to new opportunities, while efficient asset management practices ensure high occupancy rates and optimized property performance, further boosting earnings.

Good Com Asset Co.,Ltd. Financial Statement Overview

Summary

Good Com Asset Co.,Ltd. demonstrates strong financial health with significant revenue and profitability growth, supported by efficient operations and effective cost management. The balance sheet is stable, though debt levels should be monitored. Cash flow generation is solid, enhancing the company's ability to fund operations and growth.

Income Statement

The company has shown robust revenue growth with the latest annual revenue increasing significantly from the previous year, indicating strong market demand. Gross profit margin is healthy at approximately 14.9%, and the net profit margin stands at an impressive 5.6%, reflecting effective cost management. EBIT and EBITDA margins are also strong at 9.1% and 9.4% respectively, showcasing operational efficiency.

Balance Sheet

The balance sheet exhibits a moderate debt-to-equity ratio of 1.42, indicating a balanced use of debt and equity. The equity ratio is 35.3%, highlighting a stable financial structure. However, the high amount of total debt warrants caution, though the return on equity is a solid 23.8%, showing effective use of shareholder funds.

Cash Flow

The company displays a strong free cash flow of ¥25.8 billion with an excellent free cash flow to net income ratio, suggesting effective cash generation capabilities. Additionally, the operating cash flow to net income ratio is high, indicating good cash conversion efficiency. However, past fluctuations in cash flow require monitoring.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.67B	59.75B	22.19B	40.05B	34.22B	26.32B
Gross Profit	7.80B	8.89B	5.57B	7.61B	6.11B	4.79B
EBITDA	3.85B	5.61B	2.29B	4.78B	3.68B	2.93B
Net Income	2.22B	3.32B	1.03B	2.86B	1.96B	1.83B
Balance Sheet
Total Assets	53.30B	39.46B	53.50B	24.45B	20.45B	25.92B
Cash, Cash Equivalents and Short-Term Investments	8.01B	11.66B	8.06B	11.68B	7.97B	6.60B
Total Debt	36.61B	19.83B	40.38B	10.07B	8.99B	16.07B
Total Liabilities	39.80B	25.52B	41.89B	12.98B	11.24B	17.52B
Stockholders Equity	13.23B	13.94B	11.61B	11.47B	9.21B	8.40B
Cash Flow
Free Cash Flow	-6.65B	25.84B	-33.20B	3.48B	9.66B	-6.15B
Operating Cash Flow	-6.65B	25.86B	-33.17B	3.48B	9.70B	-6.11B
Investing Cash Flow	-1.37B	-701.07M	-53.66M	-255.88M	-90.79M	-582.07M
Financing Cash Flow	6.09B	-21.56B	29.45B	455.81M	-8.23B	8.31B

Good Com Asset Co.,Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1507.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3475, the sentiment is Neutral. The current price of 1507 is below the 20-day moving average (MA) of 1531.50, below the 50-day MA of 1510.64, and above the 200-day MA of 1139.03, indicating a neutral trend. The MACD of 0.77 indicates Positive momentum. The RSI at 48.02 is Neutral, neither overbought nor oversold. The STOCH value of 57.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3475.

Good Com Asset Co.,Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3475	85 Outperform	¥44.66B	19.42	―	2.70%	21.25%	28.04%
8931	78 Outperform	¥17.85B	4.99	―	5.00%	10.42%	48.21%
3248	78 Outperform	¥2.88B	12.75	―	3.97%	-30.74%	-59.99%
3242	75 Outperform	¥21.53B	10.18	―	3.84%	21.34%	-3.15%
8927	67 Neutral	¥15.44B	8.11	―	2.31%	44.91%	37.67%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Good Com Asset Co.,Ltd. Corporate Events

Good Com Asset Co., Ltd. Restructures Reportable Segments After Acquisition

Good Com Asset Co., Ltd. announced a change in its reportable segments following the acquisition of Livenup Group Corporation as a consolidated subsidiary. This strategic move will see Livenup Group established as a new reportable segment, enhancing transparency and communication with stakeholders by including Livenup’s activities in developing and managing real estate in the company’s consolidated business results.

Goodcom Asset Co., Ltd. Completes Treasury Stock Acquisition

Goodcom Asset Co., Ltd. has completed its acquisition of treasury stock, as resolved by its Board of Directors in September 2024. The company acquired a total of 823,000 shares, amounting to approximately 764.9 million yen, as part of its strategy to manage its capital structure and potentially enhance shareholder value.

Good Com Asset Co., Ltd. Reports Strong Q2 Financial Performance

Good Com Asset Co., Ltd. reported a substantial increase in its financial performance for the second quarter of the fiscal year ending October 31, 2025. The company achieved a 69.4% increase in net sales and a 191.9% rise in profit attributable to owners of the parent compared to the same period last year. This growth is attributed to improved real estate sales and operational efficiencies. The company’s equity ratio decreased slightly, reflecting changes in its financial structure. Despite uncertainties in real estate sales, the company maintains its earnings forecast for the fiscal year, indicating confidence in its market strategy and operational resilience.

Good Com Asset Co., Ltd. Reports Strong Q2 Financial Performance

Good Com Asset Co., Ltd. reported a substantial increase in its financial performance for the second quarter of the fiscal year ending October 31, 2025. The company achieved a 69.4% increase in net sales and a 191.9% rise in profit attributable to owners of the parent compared to the same period last year. This growth indicates a strong recovery and positive momentum in its operations, positioning the company favorably within the real estate market. The company also maintained a stable equity ratio, although there was a slight decrease in net assets.

Goodcom Asset Co., Ltd. Acquires Livenup Group and Completes Treasury Stock Disposal

Goodcom Asset Co., Ltd. has successfully acquired Livenup Group Co., Ltd., making it a subsidiary, and completed the disposal of treasury stock through a third-party allotment. This strategic acquisition, valued at approximately 1,790 million yen, is expected to enhance Goodcom’s operational capabilities and market positioning, although the company is still assessing the full impact on its future business results.

Goodcom Asset Co., Ltd. Halts Treasury Stock Acquisition Amid Compliance Concerns

Goodcom Asset Co., Ltd. announced that it did not acquire any treasury stocks in May 2025 due to concerns over potential insider trading regulations. This decision reflects the company’s cautious approach to compliance and transparency, which may impact its stock market activities and investor relations.

Goodcom Asset Co., Ltd. Acquires Livenup Group to Boost Growth

Goodcom Asset Co., Ltd. has announced its decision to acquire 80% of Livenup Group Co., Ltd., converting it into a subsidiary, and will dispose of treasury shares through a third-party allotment to facilitate this acquisition. This strategic move is part of Goodcom’s growth strategy to expand its business domains and achieve a target of ¥600 billion in net sales by 2030, leveraging Livenup’s expertise in single-family homes and resale businesses to enhance its market position.