CE Holdings Co., Ltd. (4320) AI Stock Analysis

• Market Cap: ¥15.96B
• Dividend Yield: 2.07%
• Average Volume (3M): 84.19K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.72
• Revenue Growth: 7.79%
• EPS Growth: 38592.95%
• Country: JP
• Employees: 606
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Healthcare Information Services
• EPS (TTM): -4.11
• Shares Outstanding: 17,039,400
• 10 Day Avg. Volume: 92,620
• 30 Day Avg. Volume: 84,186
• PEG Ratio: -0.69
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.48
• P/FCF Ratio: 78.04
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ¥1,243.00 ▲(17.04% Upside)

The overall stock score of 74 reflects strong technical momentum and a solid financial foundation. The company's robust revenue growth and operational efficiency are significant strengths, although profitability and cash flow consistency need improvement. The stock's valuation is reasonable, but the high RSI and Stochastic indicators suggest caution due to potential overbought conditions.

CE Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

CE Holdings Co., Ltd., through its subsidiaries, develops and sells electronic medical record systems and medical information systems in Japan. The company provides MI RA Is (Miraize), an electronic medical record system for medical institutions. The company was formerly known as CEI Corporation and changed its name to CE Holdings Co., Ltd. in April 2013. CE Holdings Co., Ltd. was incorporated in 1996 and is based in Sapporo, Japan.

How the Company Makes Money

CE Holdings generates revenue through multiple streams, including rental income from its real estate properties, capital gains from property sales, and returns on investments in technology startups. The company also earns revenue from the distribution of consumer goods, partnering with manufacturers to bring products to market. Significant partnerships with tech firms and real estate developers enhance its investment portfolio, allowing for diversification and risk management. Additionally, CE Holdings capitalizes on market trends to make strategic acquisitions, further boosting its earnings potential.

CE Holdings Co., Ltd. Financial Statement Overview

Summary

CE Holdings Co., Ltd. demonstrates strong revenue growth and operational efficiency, particularly in EBIT and EBITDA margins. The balance sheet is robust with low leverage and high equity ratios, but profitability and return on equity require improvement. Cash flow performance is inconsistent, necessitating focus on enhancing cash generation. Overall, the financial footing is stable with opportunities to boost returns.

Income Statement

The company has demonstrated consistent revenue growth over the years, with a notable increase from 2020 to 2024. The TTM revenue of 15,180 million yen marks a healthy growth from the previous period. Gross profit margin stands at 23.0% for TTM, indicating efficient cost management. However, the net profit margin is relatively low at 1.8% for TTM, suggesting room for improvement in profitability. EBIT and EBITDA margins are robust at 8.9% and 11.4% respectively, showcasing strong operational performance.

Balance Sheet

The company's balance sheet is stable with a favorable equity position. The debt-to-equity ratio is a conservative 0.33, reflecting prudent financial leverage. ROE for TTM is low at 4.6%, indicating modest returns on equity. The equity ratio is strong at 54.6%, highlighting solid capitalization and low reliance on debt. Overall, the company maintains a healthy balance sheet with good liquidity and low financial risk.

Cash Flow

Cash flow metrics show mixed results. While there is no reported free cash flow for the TTM, historical data indicate fluctuations. Operating cash flow was positive in prior years, but the recent absence of data limits comprehensive analysis. The free cash flow to net income ratio was modest in previous periods, suggesting potential efficiency improvements in cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.96B	14.55B	13.63B	13.70B	12.28B	10.60B
Gross Profit	3.76B	3.37B	3.69B	3.16B	2.65B	2.02B
EBITDA	2.24B	1.24B	1.71B	1.44B	1.36B	732.22M
Net Income	945.86M	123.42M	687.53M	588.00M	632.93M	121.45M
Balance Sheet
Total Assets	12.29B	11.25B	11.24B	10.91B	9.46B	8.86B
Cash, Cash Equivalents and Short-Term Investments	5.38B	3.83B	3.14B	3.96B	2.87B	2.81B
Total Debt	1.60B	2.16B	1.42B	1.89B	1.37B	2.10B
Total Liabilities	4.51B	4.65B	4.66B	4.82B	3.98B	4.02B
Stockholders Equity	7.27B	6.10B	6.08B	5.63B	5.07B	4.50B
Cash Flow
Free Cash Flow	569.00M	89.90M	-46.35M	45.64M	613.91M	567.46M
Operating Cash Flow	629.00M	752.30M	795.82M	1.55B	1.00B	912.58M
Investing Cash Flow	-237.00M	-630.41M	-861.72M	-763.83M	-109.39M	-68.24M
Financing Cash Flow	-340.00M	566.46M	-754.51M	306.64M	-838.45M	573.79M

CE Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1062.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4320, the sentiment is Positive. The current price of 1062 is above the 20-day moving average (MA) of 943.70, above the 50-day MA of 827.37, and above the 200-day MA of 674.60, indicating a bullish trend. The MACD of 79.86 indicates Negative momentum. The RSI at 71.01 is Negative, neither overbought nor oversold. The STOCH value of 72.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4320.

CE Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3671	―	¥9.57B	14.78	―	7.54%	26.12%	38.78%
4320	―	¥15.96B	14.26	―	2.07%	7.79%	38592.95%
6095	―	¥15.32B	10.15	―	0.65%	-17.86%	133.08%
3939	―	¥22.81B	22.43	―	1.56%	13.39%	12.00%
3628	―	¥7.57B	―	―	―	-2.60%	-103.03%
Sector *	―	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
3902	―	¥17.78B	-24.30	―	1.47%	-0.58%	-260.22%

CE Holdings Co., Ltd. Corporate Events

CE Holdings Co., Ltd. Reports Strong Financial Performance for Nine Months Ending June 2025

CE Holdings Co., Ltd. reported a significant improvement in its financial performance for the nine months ending June 30, 2025, with net sales increasing by 12.8% and operating profit surging by 68.9% compared to the previous year. The company’s strong performance is attributed to effective management strategies and market conditions, positioning it favorably for future growth. The forecast for the full year ending September 30, 2025, anticipates continued growth, with expected increases in net sales and profits, reflecting the company’s robust financial health and strategic focus.