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Keifuku Electric Railroad Co., Ltd.
(9049)
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Rating:69Neutral
Price Target:
¥7,227.00
▼(-3.12% Downside)
Action:Downgraded
Date:08/17/26
The score is primarily supported by improved financial performance since 2021 (profitability recovery and strengthening leverage profile) and attractive valuation (low P/E and high dividend yield). Offsetting these positives, technical indicators show a clear downtrend with weak momentum, and cash-flow consistency remains a key risk due to historical volatility and modest free cash flow versus earnings.
Positive Factors
Revenue & profitability recovery
Sustained revenue growth and the shift from losses to consistent profits since 2021 indicate structural improvement in demand and operational scale. Higher recurring ticket revenue and scale allow the company to better absorb fixed costs, supporting durable earnings power over the medium term.
Negative Factors
Uneven cash conversion
Volatile operating cash and swingy free cash flow undermine predictability for dividends, maintenance capex and debt reduction. FCF in 2026 was only about one-third of net income, indicating earnings do not consistently convert to cash and limiting sustainable capital returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & profitability recovery
Sustained revenue growth and the shift from losses to consistent profits since 2021 indicate structural improvement in demand and operational scale. Higher recurring ticket revenue and scale allow the company to better absorb fixed costs, supporting durable earnings power over the medium term.
Read all positive factors
Keifuku Electric Railroad Co., Ltd. (9049) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥13.24B
Dividend Yield0.3%
Average Volume (3M)120.00
Price to Earnings (P/E)7.7
Beta (1Y)0.24
Revenue Growth0.52%
EPS Growth-4.08%
CountryJP
Employees569
SectorGeneral
Sector StrengthN/A
IndustryRailroads
Share Statistics
EPS (TTM)863.54
Shares Outstanding2,000,000
10 Day Avg. Volume90
30 Day Avg. Volume120
Financial Highlights & Ratios
PEG Ratio1.52
Price to Book (P/B)1.09
Price to Sales (P/S)1.05
P/FCF Ratio16.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Keifuku Electric Railroad Co., Ltd. Business Overview & Revenue Model
Company Description
Founded in Kyoto, Japan, in 1888, Keifuku Electric Railroad Co.,Ltd. is primarily engaged in the railway and cable car transportation industries within Japan. The company has diversified its operations significantly, encompassing real estate sales...
How the Company Makes Money
The company primarily makes money by providing passenger transportation on its railway/tram lines and collecting fares from riders. Revenue is generated through passenger ticket sales (e.g., single-ride fares and commuter passes) and other transpo...
Keifuku Electric Railroad Co., Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.64B | 14.88B | 14.46B | 14.04B | 13.32B | 11.60B |
| Gross Profit | 2.32B | 2.46B | 2.36B | 1.99B | 1.38B | 600.00M |
| EBITDA | 3.95B | 4.00B | 4.32B | 3.13B | 2.46B | 2.49B |
| Net Income | 1.72B | 1.83B | 1.74B | 2.09B | 1.22B | 673.00M |
Balance Sheet | ||||||
| Total Assets | 26.95B | 26.62B | 25.25B | 23.00B | 21.18B | 20.15B |
| Cash, Cash Equivalents and Short-Term Investments | 1.78B | 2.39B | 2.16B | 1.96B | 1.97B | 1.72B |
| Total Debt | 7.09B | 6.36B | 7.06B | 7.36B | 7.86B | 8.66B |
| Total Liabilities | 10.69B | 10.90B | 11.59B | 11.22B | 11.72B | 12.05B |
| Stockholders Equity | 14.82B | 14.33B | 12.43B | 10.72B | 8.55B | 7.31B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 955.00M | 761.00M | -222.00M | 879.00M | 538.00M |
| Operating Cash Flow | 0.00 | 2.88B | 3.63B | 2.46B | 2.33B | 1.58B |
| Investing Cash Flow | 0.00 | -1.65B | -2.95B | -1.75B | -1.10B | -975.00M |
| Financing Cash Flow | 0.00 | -1.01B | -463.00M | -715.00M | -986.00M | -936.00M |
Keifuku Electric Railroad Co., Ltd. Technical Analysis
Negative
7460.00
Price Trends
6739.20
Negative
7040.50
Negative
7206.38
Negative
Market Momentum
-52.94
Negative
41.68
Neutral
54.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9049, the sentiment is Negative. The current price of 7460 is above the 20-day moving average (MA) of 6666.00, above the 50-day MA of 6739.20, and above the 200-day MA of 7206.38, indicating a bearish trend. The MACD of -52.94 indicates Negative momentum. The RSI at 41.68 is Neutral, neither overbought nor oversold. The STOCH value of 54.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9049.
Keifuku Electric Railroad Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ¥13.24B | 7.65 | ― | 0.26% | 0.52% | -4.08% | |
65 Neutral | ¥243.28B | 6.82 | 12.18% | 1.68% | 10.01% | 48.37% | |
63 Neutral | ¥44.62B | 12.79 | ― | 2.17% | 5.52% | -6.89% | |
62 Neutral | ¥321.99B | 12.83 | ― | 1.61% | 3.35% | 12.80% | |
59 Neutral | ¥19.89B | 14.08 | ― | 0.81% | 4.75% | 17.17% | |
57 Neutral | ¥19.22B | 12.53 | ― | 1.28% | 18.12% | 2.46% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:9049
Keifuku Electric Railroad Co., Ltd.
6,610.00
-382.14
-5.47%
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-2.26%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.