TRE HOLDINGS CORPORATION (9247) AI Stock Analysis

• Market Cap: ¥76.90B
• Dividend Yield: 3.01%
• Average Volume (3M): 237.62K
• Price to Earnings (P/E): 4.7
• Beta (1Y): 1.19
• Revenue Growth: 29.51%
• EPS Growth: 283.81%
• Country: JP
• Employees: 2,300
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): 103.84
• Shares Outstanding: 52,610,710
• 10 Day Avg. Volume: 191,680
• 30 Day Avg. Volume: 237,623
• PEG Ratio: 0.03
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.69
• P/FCF Ratio: 10.44
• 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: ¥1,676.00
• Price Target Upside: 11.96% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: ¥1,676.00 ▲(11.96% Upside)

TRE HOLDINGS CORPORATION's strong financial performance and attractive valuation are the primary drivers of its overall score. The stock's undervaluation and solid dividend yield make it appealing, despite short-term bearish technical indicators. The absence of earnings call and corporate events data does not impact the score.

TRE HOLDINGS CORPORATION Business Overview & Revenue Model

Company Description

TRE Holdings Corporation, through its subsidiaries, provides metal and automobiles recycling services in Japan. The company engages in the recycling of waste, home appliances, small consumer electronics, industrial waste, and landfills; renewable energy; environmental engineering businesses; and environmental consulting business. It also provides industrial waste treatment services. The company was incorporated in 2021 and is headquartered in Tokyo, Japan.

How the Company Makes Money

TRE HOLDINGS CORPORATION generates revenue through multiple key streams. The primary source of income comes from its real estate operations, where it develops and manages properties for commercial and residential use, earning rental income and profits from property sales. Additionally, the company invests in technology startups, where it seeks equity stakes that can yield significant returns as these companies grow. The renewable energy sector also contributes to revenue through projects that generate energy sales, government incentives, and partnerships with other firms in the clean energy space. Significant partnerships with local governments and private enterprises further enhance its earning potential by facilitating access to funding and resources for large-scale projects.

TRE HOLDINGS CORPORATION Financial Statement Overview

Summary

TRE HOLDINGS CORPORATION demonstrates strong financial health with impressive revenue and profit growth, efficient cost management, and robust cash flow generation. The company maintains a balanced capital structure, though the rising debt level should be monitored.

Income Statement

TRE HOLDINGS CORPORATION has demonstrated strong revenue growth, with a significant increase from ¥92.86 billion in 2024 to ¥118.68 billion in 2025, representing a 27.8% growth rate. The gross profit margin improved to 29.9% in 2025, indicating efficient cost management. Net profit margin also increased to 10.4%, showing enhanced profitability. EBIT and EBITDA margins improved to 19.2% and 24.0%, respectively, reflecting robust operational performance.

Balance Sheet

The company's debt-to-equity ratio stands at 0.83, indicating a balanced capital structure with manageable leverage. Return on equity improved to 16.8%, showcasing effective utilization of shareholder funds. The equity ratio is stable at 45.2%, suggesting a solid financial foundation. However, the increase in total debt warrants monitoring for potential risks.

Cash Flow

Operating cash flow increased to ¥19.84 billion, supporting strong cash generation capabilities. The free cash flow to net income ratio improved significantly, indicating better cash conversion. Free cash flow growth rate surged by 3235.2%, highlighting substantial improvement in cash flow management. The operating cash flow to net income ratio of 1.61 reflects healthy cash flow relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	125.20B	118.68B	92.86B	90.71B	68.23B	42.06B
Gross Profit	41.45B	35.51B	19.28B	18.33B	15.95B	9.60B
EBITDA	33.33B	28.45B	14.15B	14.57B	13.53B	8.79B
Net Income	15.80B	12.29B	3.62B	5.20B	4.74B	2.27B
Balance Sheet
Total Assets	168.01B	162.05B	142.16B	132.29B	129.52B	87.81B
Cash, Cash Equivalents and Short-Term Investments	31.37B	30.38B	21.13B	24.14B	24.48B	10.75B
Total Debt	66.41B	60.69B	52.60B	48.12B	47.32B	43.87B
Total Liabilities	88.85B	86.62B	73.08B	65.15B	65.35B	53.30B
Stockholders Equity	76.94B	73.16B	67.14B	65.48B	62.59B	33.06B
Cash Flow
Free Cash Flow	-2.73B	7.88B	239.00M	3.48B	6.59B	-1.54B
Operating Cash Flow	190.50M	19.84B	12.19B	9.18B	11.02B	7.40B
Investing Cash Flow	-2.93B	-12.08B	-16.82B	-6.69B	-2.15B	-13.59B
Financing Cash Flow	3.00B	1.51B	1.61B	-2.83B	-3.70B	5.44B

TRE HOLDINGS CORPORATION Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1497.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9247, the sentiment is Neutral. The current price of 1497 is below the 20-day moving average (MA) of 1551.52, above the 50-day MA of 1491.44, and above the 200-day MA of 1463.39, indicating a neutral trend. The MACD of 1.09 indicates Positive momentum. The RSI at 42.64 is Neutral, neither overbought nor oversold. The STOCH value of 13.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9247.

TRE HOLDINGS CORPORATION Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6566	78 Outperform	¥18.57B	12.21	―	2.39%	5.26%	11.18%
9247	75 Outperform	¥76.90B	4.73	―	3.01%	29.51%	283.81%
9793	73 Outperform	¥164.35B	17.00	10.88%	2.31%	6.63%	-3.04%
1712	70 Outperform	¥25.18B	17.63	―	1.17%	15.80%	11.11%
5698	67 Neutral	¥14.39B	12.22	―	3.13%	-5.98%	117.10%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4657	54 Neutral	¥2.02B	254.85	―	1.90%	9.02%	-96.84%

TRE HOLDINGS CORPORATION Corporate Events

TRE HOLDINGS CORPORATION Announces Key Personnel Changes

TRE HOLDINGS CORPORATION announced personnel changes at its group companies, TAKEEI CORPORATION and REVER CORPORATION, effective June 20, 2025. These changes include the appointment of Mamoru Mitsumoto as Chairman and Representative Director at TAKEEI, and the retirement of Takao Suzuki and Yoshihide Yoshino from REVER, with Yoshino set to become a Senior Advisor. The restructuring aims to streamline operations and enhance leadership within the companies.

TRE HOLDINGS Reports Strong Financial Growth for FY 2025

TRE HOLDINGS CORPORATION reported a substantial increase in its financial performance for the fiscal year ended March 31, 2025, with net sales rising by 27.8% and operating profit surging by 195.8%. The company also saw a remarkable 239.1% increase in profit attributable to owners of the parent, reflecting strong operational efficiency and market positioning. The financial results indicate a robust growth trajectory, with implications for increased shareholder returns and a solidified industry position.

TRE HOLDINGS CORPORATION Releases FY2025 Supplemental Materials

TRE HOLDINGS CORPORATION has released its supplemental materials for the fiscal year ending March 31, 2025, detailing its response to the 2024 Noto Peninsula Earthquake and updates on its waste treatment, recycling, and renewable energy businesses. The company highlights its progress in its second medium-term business plan, emphasizing improvements in recycling rates and solidifying its management foundation, which may enhance its market positioning and stakeholder confidence.