Miyazaki Bank Ltd. (8393) AI Stock Analysis

• Market Cap: ¥55.94B
• Dividend Yield: 3.29%
• Average Volume (3M): 42.57K
• Price to Earnings (P/E): 5.8
• Beta (1Y): 0.94
• Revenue Growth: 17.59%
• EPS Growth: 44.54%
• Country: JP
• Employees: 1,424
• Sector: Financial
• Sector Strength: 84
• Industry: Banks - Regional
• EPS (TTM): 99.91
• Shares Outstanding: 17,133,400
• 10 Day Avg. Volume: 45,820
• 30 Day Avg. Volume: 42,570
• PEG Ratio: 0.39
• Price to Book (P/B): 0.28
• Price to Sales (P/S): 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Miyazaki Bank Ltd. presents a mixed outlook. Strong financial performance, particularly in profitability and balance sheet health, is counterbalanced by challenges in cash flow and revenue volatility. Technically, the stock shows bearish signals, though valuation metrics suggest it is undervalued with an attractive dividend yield. Overall, the bank's strengths in financial stability are tempered by technical and cash flow concerns.

Miyazaki Bank Ltd. Business Overview & Revenue Model

Company Description

Miyazaki Bank Ltd. (8393) is a regional bank headquartered in Miyazaki Prefecture, Japan. The bank provides a range of financial services, including personal and corporate banking, loans, credit facilities, and investment services. Its operations are primarily focused on providing comprehensive banking solutions to individuals, small to medium-sized enterprises, and local businesses within the region.

How the Company Makes Money

Miyazaki Bank Ltd. makes money primarily through interest income from loans and advances to customers, which constitutes a significant portion of its revenue. The bank also generates income from fees and commissions on a variety of financial products and services, such as processing fees for loans, account maintenance fees, and transaction fees. Additionally, the bank earns revenue from its investment portfolio, which includes securities and other financial instruments. Strategic partnerships with other financial institutions and local businesses further enhance its revenue streams, allowing the bank to offer a diversified array of services and products tailored to its regional clientele.

Miyazaki Bank Ltd. Financial Statement Overview

Summary

Miyazaki Bank Ltd. demonstrates strong profitability with a solid balance sheet, but faces volatility in revenue and recent cash flow challenges. The income statement is strong, with efficient cost management, while the balance sheet shows a robust equity position. However, cash flow inconsistencies could impact future financial flexibility.

Income Statement

The income statement shows strong performance in the TTM period, with a significant increase in EBIT and net income compared to annual data. The gross profit margin is high, indicating efficient management of costs relative to revenue. Revenue growth, however, is inconsistent with a decrease from 2023 to 2024, showing some volatility in income generation.

Balance Sheet

The balance sheet is robust with a strong equity position and substantial cash reserves. The debt-to-equity ratio is manageable, indicating reasonable leverage for a regional bank. The equity ratio demonstrates a stable financial base, although there is a notable decrease in total assets over the past year, which could signal potential challenges in asset growth.

Cash Flow

Cash flow results highlight a mixed picture with no operating cash flow reported in the TTM period, raising concerns about cash generation efficiency. Previous periods show healthy free cash flow, but recent inconsistencies could impact future financial flexibility. The reliance on past performance indicates potential risks if cash flow issues persist.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
64.18B	53.66B	60.18B	58.27B	49.13B	50.73B
	Gross Profit
66.83B	53.66B	60.18B	58.27B	49.13B	50.73B
	EBIT
24.83B	12.21B	8.96B	8.72B	9.30B	8.36B
	EBITDA
10.67B	0.00	14.63B	14.23B	14.75B	13.14B
	Net Income Common Stockholders
8.83B	7.09B	8.13B	7.47B	8.00B	7.13B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
833.47B	925.05B	1.02T	1.19T	720.68B	566.96B
	Total Assets
4.07T	4.11T	4.03T	4.24T	3.65T	3.33T
	Total Debt
543.35B	726.71B	602.30B	947.19B	517.26B	431.27B
	Net Debt
-290.12B	-925.05B	-414.57B	-242.60B	-203.42B	-135.69B
	Total Liabilities
3.88T	3.92T	526.71B	4.08T	3.50T	3.18T
	Stockholders Equity
190.53B	189.85B	163.09B	159.13B	158.58B	148.32B
Cash Flow		Free Cash Flow
0.00	1.98B	-198.67B	485.93B	254.53B	157.27B
	Operating Cash Flow
0.00	4.88B	-196.26B	487.69B	256.48B	161.68B
	Investing Cash Flow
0.00	-134.71B	27.26B	-14.87B	-97.33B	44.96B
	Financing Cash Flow
0.00	-1.73B	-1.90B	-1.73B	-1.99B	-1.81B

Miyazaki Bank Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3340.00
• 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:8393, the sentiment is Positive. The current price of 3340 is above the 20-day moving average (MA) of 3080.20, above the 50-day MA of 3134.08, and above the 200-day MA of 2973.04, indicating a bullish trend. The MACD of 53.62 indicates Negative momentum. The RSI at 58.05 is Neutral, neither overbought nor oversold. The STOCH value of 75.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8393.

Miyazaki Bank Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8367	72 Outperform	¥130.22B	9.32		4.25%	38.28%	247.94%
8368	71 Outperform	¥178.27B	9.65	3.81%	3.52%	7.03%	8.58%
8393	68 Neutral	¥55.94B	5.82		3.29%	17.59%	44.54%
8387	66 Neutral	¥45.59B	6.87		4.46%	-11.64%	8.31%
Sector *	64 Neutral	$12.83B	9.83	7.64%	16985.66%	12.34%	-5.73%
8550	61 Neutral	¥37.19B	7.44		1.97%	-4.70%	670.89%
8541	60 Neutral	¥40.52B	7.08		3.28%	1.51%	7.90%