Park24 Co (4666) AI Stock Analysis

• Market Cap: ¥342.66B
• Dividend Yield: 0.25%
• Average Volume (3M): 643.71K
• Price to Earnings (P/E): 18.3
• Beta (1Y): 0.55
• Revenue Growth: 12.91%
• EPS Growth: -3.97%
• Country: JP
• Employees: 5,502
• Sector: Industrials
• Sector Strength: 79
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 109.71
• Shares Outstanding: 171,048,370
• 10 Day Avg. Volume: 614,590
• 30 Day Avg. Volume: 643,710
• PEG Ratio: 2.99
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: ¥2,888.66
• Price Target Upside: 43.75% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

Park24 Co's strong financial performance, characterized by robust revenue and profitability, is a major strength, contributing significantly to the overall score. Technical analysis points to positive momentum, supporting a favorable outlook. While the valuation metrics are reasonable, the low dividend yield may deter some investors. Overall, the stock demonstrates a solid performance with potential for sustainable growth.

Park24 Co Business Overview & Revenue Model

Company Description

Park24 Co., Ltd. is a Japanese company primarily engaged in the parking and mobility service sectors. It operates and manages parking facilities, providing convenient and accessible parking solutions across urban and suburban areas. The company also offers car sharing and rental services, aiming to enhance urban mobility and reduce congestion through innovative transportation solutions.

How the Company Makes Money

Park24 Co., Ltd. generates revenue primarily through its parking business, which involves the operation and management of a vast network of parking facilities. Customers pay fees for using these parking spaces, which can be short-term or long-term, depending on their needs. Additionally, the company earns income through its mobility services, which include car sharing and car rental offerings. These services provide users with flexible transportation options, contributing to the company's overall revenue. Strategic partnerships with municipalities and real estate developers to manage parking facilities and integrate mobility solutions also play a significant role in Park24's earnings.

Park24 Co Financial Statement Overview

Summary

Park24 Co presents a robust financial profile with marked improvements in revenue, profitability, and cash flow generation. The company's strategic management of debt and equity has strengthened its balance sheet, while consistent revenue growth and efficient cash flow management highlight its resilience and potential for future growth. The financial health of Park24 Co is well-positioned within the industrial infrastructure operations sector, with a solid foundation for sustaining its upward trajectory.

Income Statement

Park24 Co has demonstrated strong revenue growth, with a TTM revenue of 381.45 billion JPY, reflecting a growth rate of 2.84% compared to the previous year. The gross profit margin stands at 27.40%, and the net profit margin is 4.91%, indicating healthy profitability. EBIT and EBITDA margins are also robust at 10.33% and 19.08%, respectively. The company has recovered well from past losses, showcasing a positive growth trajectory and stable profitability.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 1.72, suggesting manageable leverage. The equity ratio is 28.29%, indicating a solid capital structure. Return on Equity (ROE) of 22.36% highlights efficient use of equity. Despite a decrease in total assets, the company's equity position has strengthened over time, pointing to improved financial stability.

Cash Flow

Park24 Co's cash flow analysis shows strong operational cash generation, with an operating cash flow to net income ratio of 3.19, indicating efficient cash management. The free cash flow to net income ratio is 1.44, reflecting a substantial portion of earnings converted to free cash flow. The free cash flow growth rate of 24.23% over the past year underscores the company's ability to generate increasing cash flows, supporting future growth initiatives.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
370.91B	330.12B	290.25B	251.10B	268.90B
	Gross Profit
102.07B	89.63B	70.59B	40.69B	36.35B
	EBIT
38.70B	31.99B	20.67B	-7.55B	-12.54B
	EBITDA
71.13B	61.06B	49.43B	28.38B	-7.51B
	Net Income Common Stockholders
18.63B	17.54B	2.48B	-11.66B	-46.88B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
55.88B	73.96B	90.19B	92.04B	55.54B
	Total Assets
295.70B	308.16B	307.63B	319.63B	295.77B
	Total Debt
143.98B	170.72B	196.05B	229.49B	205.97B
	Net Debt
95.25B	96.77B	110.27B	137.44B	150.43B
	Total Liabilities
217.56B	249.74B	267.58B	303.19B	264.63B
	Stockholders Equity
78.14B	58.42B	40.04B	16.43B	31.14B
Cash Flow		Free Cash Flow
21.66B	21.76B	13.33B	20.23B	19.73B
	Operating Cash Flow
54.18B	48.19B	29.37B	34.82B	39.40B
	Investing Cash Flow
-37.56B	-25.66B	-17.36B	-12.35B	-21.82B
	Financing Cash Flow
-42.51B	-35.63B	-20.12B	13.17B	12.89B

Park24 Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2009.50
• 50DMA: Positive
• 100DMA: Negative
• 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:4666, the sentiment is Positive. The current price of 2009.5 is above the 20-day moving average (MA) of 1957.97, above the 50-day MA of 2000.49, and above the 200-day MA of 1871.22, indicating a bullish trend. The MACD of 10.50 indicates Negative momentum. The RSI at 52.17 is Neutral, neither overbought nor oversold. The STOCH value of 48.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4666.

Park24 Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4666	75 Outperform	¥342.66B	18.32	25.23%	0.25%	12.91%	-3.97%
8801	73 Outperform	$4.04T	20.12	6.51%	2.03%	0.83%	-6.10%
8804	69 Neutral	¥539.88B	8.19	12.46%	3.46%	23.35%	46.19%
4668	68 Neutral	¥18.06B	18.55		3.47%	9.70%	45.81%
8802	68 Neutral	$3.00T	15.61	8.35%	1.59%	16.32%	43.72%
Sector *	64 Neutral	$4.28B	11.80	5.33%	250.46%	4.10%	-9.26%
8876	50 Neutral	$297.44B	―	-6.36%	1.94%	10.79%	-118.53%

Park24 Co Corporate Events

Park24 Co. Reports Strong Growth in Parking and Mobility Sectors

In March, Park24 Co. reported a 108.6% year-over-year increase in sales for its Times PARKING division, with a net addition of 93 sites and 7,701 spaces. The mobility business also saw growth, with an increase in Times CAR vehicles and membership, indicating a robust expansion in both parking and mobility sectors.

Park24 Co. Dissolves Pension Fund for UK Subsidiary, Reports Extraordinary Loss

Park24 Co., Ltd. has announced the dissolution of the defined benefit corporate pension fund for its UK subsidiary, National Car Parks Limited. This decision eliminates uncertainties related to pension asset management risks and results in an extraordinary loss of 3,194 million yen in the company’s financial statement for the fiscal year ending October 31, 2025. The dissolution is expected to stabilize the company’s financial standing without impacting total net assets.

Park24 Co. Reports Growth in Parking and Mobility Services

In February, Park24 Co. reported a 106.4% year-over-year increase in sales for its Times PARKING business, with a net addition of 71 parking sites and 3,626 spaces. The company also saw growth in its mobility business, with an increase in Times CAR vehicles and membership, despite challenges from a cold wave affecting usage fees. Internationally, the parking occupancy rates remained steady in the U.K. and showed gradual improvement in Australia.

Park24 Co. Reports Positive Start to Fiscal Year with Increased Sales

Park24 Co., Ltd. reported its consolidated financial results for the first three months of the fiscal year ending October 31, 2025, showing a year-on-year increase in net sales by 12.1% to 97,267 million yen. The company also experienced growth in operating profit and recurring profit, indicating a positive start to the fiscal year. The financial position of Park24 improved with an increase in net assets and equity ratio, reflecting a stable financial footing. However, the company forecasts a slight decline in operating and recurring profits for the interim period, with a full-year forecast showing modest growth, suggesting cautious optimism in its future performance.