Asahipen Corporation (4623) AI Stock Analysis

• Market Cap: ¥6.69B
• Dividend Yield: 3.41%
• Average Volume (3M): 1.53K
• Price to Earnings (P/E): 9.3
• Beta (1Y): 0.15
• Revenue Growth: -4.33%
• EPS Growth: 58.53%
• Country: JP
• Employees: 259
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 58.65
• Shares Outstanding: 4,500,000
• 10 Day Avg. Volume: 1,830
• 30 Day Avg. Volume: 1,530
• 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: ¥1,912.00
• Price Target Upside: 8.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: ¥1,912.00 ▲(8.64% Upside)

Asahipen Corporation's strong financial performance and attractive valuation are significant positive factors. The financial stability and solid balance sheet enhance its resilience, while the low P/E ratio and substantial dividend yield indicate good value for investors. However, technical analysis presents mixed signals, with some bearish indicators that slightly offset the positivity.

Asahipen Corporation Business Overview & Revenue Model

Company Description

Asahipen Corporation manufactures, imports, and sells various paints and painting supplies, and household supplies in Japan. The company offers aqueous, oil, and spray paints, as well as paint auxiliary materials; painting supplies, including brushes, rollers, kotebakes, roller trays, painting machines/compressors, painting aids, curing supplies, containers, and polishing supplies; repair materials for cover, floor, joints, metal products, wood parts, base adjustment, and concrete; and repair tape and pale bucket, as well as insulation and waterproofing materials for roofs. It also provides interior goods, such as shoji paper, bran paper, cover paper, adhesive sheets, glass decoration and condensation products, floor material, glue and double-sided tapes, repair maintenance materials, and various tools; home care products comprising, floor waxes, cleaning agents, bleaching and fungicides, home detergent and cleaners, kitchen detergents and hygiene management supplies, waterproof/water repellents, graffiti droppings, polishing/removers, and lubricants; and gardening supplies. The company was formerly known as Asahi Paint Company and changed its name to Asahipen Corporation in January 1965. Asahipen Corporation was founded in 1940 and is headquartered in Osaka, Japan.

How the Company Makes Money

Asahipen Corporation generates revenue primarily through the sale of its various paint and coating products. The company's key revenue streams include the retail sales of decorative paints for home use, which are distributed through a network of home improvement and retail stores. Additionally, the company supplies industrial coatings to businesses in sectors such as construction, automotive, and manufacturing. Asahipen also engages in B2B partnerships, working with contractors and other enterprises to supply bulk quantities of paints and coatings. The company's focus on environmentally friendly and high-quality products helps it maintain a competitive position in the market, contributing to its earnings.

Asahipen Corporation Financial Statement Overview

Summary

Asahipen Corporation showcases financial stability with strong equity positions and consistent profitability metrics. Income Statement shows slight growth in revenue and improved profitability. Balance Sheet is solid with a healthy equity ratio, and Cash Flow indicates good operating cash flow but challenges in free cash flow generation.

Income Statement

The company demonstrates stable revenue with a slight growth trajectory, supported by a consistent gross profit margin around 30%. Net profit margins have varied, with a significant improvement in the latest year at 4.1%, indicating enhanced profitability. EBIT and EBITDA margins show a steady presence, reflecting operational efficiency. However, limited revenue growth compared to some industry peers may pose a challenge.

Balance Sheet

Asahipen Corporation maintains a solid balance sheet with a healthy equity ratio above 65%, indicating strong financial stability. The debt-to-equity ratio is maintained at a manageable level, suggesting prudent use of leverage. Return on equity shows a positive upward trend, indicating efficient use of shareholder funds to generate profits.

Cash Flow

The cash flow statement reflects a volatile free cash flow with recent negative figures, indicating potential liquidity challenges. Despite this, a robust operating cash flow relative to net income suggests good cash generation capabilities. However, declining free cash flow growth necessitates attention to capital expenditure management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.15B	17.15B	17.11B	17.13B	14.22B	15.85B
Gross Profit	5.30B	5.30B	5.31B	5.36B	5.14B	5.61B
EBITDA	1.65B	1.64B	1.26B	1.58B	1.44B	1.04B
Net Income	700.70M	701.62M	380.49M	653.66M	1.00B	633.30M
Balance Sheet
Total Assets	21.53B	21.53B	21.57B	21.52B	19.73B	19.67B
Cash, Cash Equivalents and Short-Term Investments	3.33B	3.33B	3.91B	4.11B	4.59B	3.65B
Total Debt	3.99B	3.99B	3.96B	4.15B	2.87B	2.89B
Total Liabilities	7.38B	7.38B	7.87B	7.99B	6.48B	6.73B
Stockholders Equity	14.15B	14.15B	13.70B	13.53B	13.25B	12.94B
Cash Flow
Free Cash Flow	0.00	-440.84M	521.36M	6.31M	1.06B	293.06M
Operating Cash Flow	0.00	966.60M	841.25M	350.67M	1.26B	1.42B
Investing Cash Flow	0.00	-1.21B	-316.09M	-1.41B	135.46M	-1.06B
Financing Cash Flow	0.00	-332.07M	-733.39M	772.60M	-569.83M	-699.47M

Asahipen Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1760.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4623, the sentiment is Positive. The current price of 1760 is above the 20-day moving average (MA) of 1741.75, above the 50-day MA of 1726.92, and above the 200-day MA of 1740.45, indicating a bullish trend. The MACD of 9.32 indicates Negative momentum. The RSI at 64.55 is Neutral, neither overbought nor oversold. The STOCH value of 55.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4623.

Asahipen Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4625	78 Outperform	3.71B	13.26	2.21%	2.43%	0.68%	5.33%
4624	77 Outperform	5.55B	12.13	3.19%	1.36%	1.47%	17.40%
4623	73 Outperform	¥6.69B	9.35	―	3.41%	-4.33%	58.53%
4627	72 Outperform	12.82B	11.62	―	3.09%	8.63%	11.84%
4616	65 Neutral	2.03B	20.08	5.30%	1.47%	-5.28%	-45.77%
4615	44 Neutral	4.42B	-17.06	-0.44%	―	8.91%	-42.21%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%