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INDICATIVE · SAMPLE DATA
281858

Pietro Co Ltd

Food ProcessingVerified

Pietro Co Ltd maintains a debt-to-equity ratio of 0.24 and a current ratio of 1.04, indicating moderate liquidity risk. The company's free cash flow is negative at -1,133,547,000 JPY, while operating cash flow is positive at 444,122,000 JPY. The negative net cash position after subtracting total debt raises liquidity concerns. The company's return on equity (ROE) of 0.91% and return on assets (ROA) of 0.56% fall below typical thresholds for capital efficiency in the Food Processing industry. The operating margin of 1.19% (132,179,000 JPY / 11,135,028,000 JPY) is significantly below the industry median of 5.2%. Net profit margin of 0.05% (57,794,000 JPY / 11,135,028,000 JPY) is also well below the 2.1% median for the sector. The company's revenue is concentrated across three segments: Food (sauces and retorts), Restaurant (pasta and pizza), and Others (building rentals). The Food segment likely represents the largest portion of revenue, though exact percentages are not disclosed. The Others segment contributes a smaller portion, primarily from property rental income. Pietro Co Ltd's revenue growth trajectory is uncertain, with no forward-looking guidance provided. The company's capital expenditures of -1,483,349,000 JPY suggest significant reinvestment in operations, but the negative free cash flow indicates pressure on liquidity. The company's operating income of 132,179,000 JPY is down from previous periods, reflecting operational challenges. The risk assessment highlights medium liquidity risk and low dilution risk. The company's negative net cash position after subtracting total debt is a key flag. No recent dilutive events are reported, and the dilution potential remains low. The company's capital structure includes 1,516,642,000 JPY in long-term debt and 1,122,616,000 JPY in cash and equivalents. Recent filings and transcripts are not provided in the input data, so no specific events can be cited. The company's financial performance appears to be under pressure, with declining profitability metrics and negative free cash flow.

30-day price · 2818-11.00 (-0.6%)
Low$1728.00High$1747.00Close$1729.00As of21 May, 00:00 UTC
Profile
CompanyPietro Co Ltd
Ticker2818.T
SectorConsumer Non-Cyclicals
BusinessFood & Beverages
Industry groupFood & Beverages
IndustryFood Processing
AI analysis

Business. Pietro Co Ltd operates in the Food Processing industry, generating revenue through the manufacture and sale of dressings and sauces, operation of pasta-focused restaurants, and rental of head office buildings.

Classification. Pietro Co Ltd is classified under the Consumer Non-Cyclicals economic sector, Food & Beverages business sector, and Food Processing industry with 92% confidence.

Pietro Co Ltd maintains a debt-to-equity ratio of 0.24 and a current ratio of 1.04, indicating moderate liquidity risk. The company's free cash flow is negative at -1,133,547,000 JPY, while operating cash flow is positive at 444,122,000 JPY. The negative net cash position after subtracting total debt raises liquidity concerns. The company's return on equity (ROE) of 0.91% and return on assets (ROA) of 0.56% fall below typical thresholds for capital efficiency in the Food Processing industry. The operating margin of 1.19% (132,179,000 JPY / 11,135,028,000 JPY) is significantly below the industry median of 5.2%. Net profit margin of 0.05% (57,794,000 JPY / 11,135,028,000 JPY) is also well below the 2.1% median for the sector. The company's revenue is concentrated across three segments: Food (sauces and retorts), Restaurant (pasta and pizza), and Others (building rentals). The Food segment likely represents the largest portion of revenue, though exact percentages are not disclosed. The Others segment contributes a smaller portion, primarily from property rental income. Pietro Co Ltd's revenue growth trajectory is uncertain, with no forward-looking guidance provided. The company's capital expenditures of -1,483,349,000 JPY suggest significant reinvestment in operations, but the negative free cash flow indicates pressure on liquidity. The company's operating income of 132,179,000 JPY is down from previous periods, reflecting operational challenges. The risk assessment highlights medium liquidity risk and low dilution risk. The company's negative net cash position after subtracting total debt is a key flag. No recent dilutive events are reported, and the dilution potential remains low. The company's capital structure includes 1,516,642,000 JPY in long-term debt and 1,122,616,000 JPY in cash and equivalents. Recent filings and transcripts are not provided in the input data, so no specific events can be cited. The company's financial performance appears to be under pressure, with declining profitability metrics and negative free cash flow.
Key takeaways
  • Pietro Co Ltd's ROE of 0.91% and ROA of 0.56% are below industry medians, indicating poor capital efficiency.
  • The company's negative free cash flow of -1,133,547,000 JPY raises liquidity concerns despite positive operating cash flow.
  • Revenue is concentrated across three segments, with no clear disclosure of segment-specific contributions.
  • The company's operating income of 132,179,000 JPY is significantly below the 5.2% operating margin median for the Food Processing industry.
  • The debt-to-equity ratio of 0.24 suggests a conservative capital structure, but the negative net cash position after debt is a red flag.
  • No recent dilutive events are reported, and the dilution risk remains low.
  • # RATIONALES
  • {
Financial snapshot
PeriodHA-latest
CurrencyJPY
Revenue$11.14B
Gross profit$5.70B
Operating income$132.2M
Net income$57.8M
R&D
SG&A
D&A
SBC
Operating cash flow$444.1M
CapEx-$1.48B
Free cash flow-$1.13B
Total assets$10.27B
Total liabilities$3.91B
Total equity$6.36B
Cash & equivalents$1.12B
Long-term debt$1.52B
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0
FY-1
FY-2
FY-3
FY-4
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0
FY-1
FY-2
FY-3
FY-4
PeriodOCFCapExFCFSBC
FY0
FY-1
FY-2
FY-3
FY-4
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price
Market cap
Enterprise value
P/E
Reported non-GAAP P/E
EV/Revenue
EV/Op income
EV/OCF
P/B
P/Tangible book
Tangible book$6.36B
Net cash-$394.0M
Current ratio1.0
Debt/Equity0.2
ROA0.6%
ROE0.9%
Cash conversion7.7%
CapEx/Revenue-13.3%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Food Processing · cohort 6 companies
Metric2818Activity
Op margin1.2%3.3% medp25 2.5% · p75 4.5%bottom quartile
Net margin0.5%3.0% medp25 1.5% · p75 6.7%bottom quartile
Gross margin51.2%24.0% medp25 20.2% · p75 35.3%top quartile
R&D / revenue0.8% medp25 0.5% · p75 2.3%
CapEx / revenue-13.3%5.2% medp25 4.8% · p75 5.7%bottom quartile
Debt / equity24.0%33.5% medp25 29.1% · p75 81.5%bottom quartile
Observations
IR observations
Last actual EPS8.38 JPY
Last actual revenue11,135,030,000 JPY
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-10 07:07 UTC#47209375
Source: analysis-pipeline (hybrid)Generated: 2026-05-10 07:09 UTCJob: 7f7a4da8