Shin Maint Holdings Co Ltd

Shin Maint Holdings maintains a strong liquidity position, with cash and equivalents amounting to ¥3.74 billion, significantly exceeding its total liabilities of ¥4.68 billion. The company's liquidity FPT (free cash flow to total liabilities) is robust, and its current ratio of 1.8 indicates a solid ability to meet short-term obligations.

Profitability metrics show a return on equity (ROE) of 6.42% and a return on assets (ROA) of 2.78%. These figures are below the industry median for ROE and ROA, suggesting that the company is underperforming in terms of capital efficiency and asset utilization compared to its peers.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and sector-specific risks.

Looking ahead, Shin Maint Holdings is projected to experience modest revenue growth in the current fiscal year, with a slight increase expected in the following year. However, the growth trajectory remains constrained by the company's limited expansion into new markets or product lines.

Risk factors include a low liquidity risk and a low dilution potential, with no immediate filing-based liquidity or dilution flags detected. The company's debt-to-equity ratio of 0.09 is well below the industry median, indicating a conservative capital structure.

Recent events include a single analyst recommendation of "Hold" for the company, with no strong buy or buy ratings. The mean price target of ¥830.00 suggests a neutral outlook from analysts, with no significant upside or downside expectations.

Revenue grew at a 16.2% CAGR from FY2022 to FY2026, demonstrating consistent top-line expansion over the four-year period.

Net income expanded at a 21.4% CAGR from FY2022 to FY2026, outpacing revenue growth and indicating improving profitability.

Long-term debt decreased significantly from JPY 769 million in FY2022 to JPY 227 million in FY2026, strengthening the balance sheet.

The company maintains low levels of dilution, liquidity, and credit risk, suggesting a stable operational and financial environment.

The current market price of JPY 1,024 implies an 18.9% downside to the single analyst consensus price target of JPY 830.

Net margin of 4.00% is below the 5.31% cohort median, suggesting the company captures less profit per unit of revenue than competitors.

The single analyst recommendation is a 'hold', reflecting limited enthusiasm or conviction for near-term price appreciation among coverage.

Revenue ¥6.70B, +15,8% YoY; Operating income −23,5% YoY.

• ▍Revenue ¥6.70B, +15,8% YoY
• ▍Operating income −23,5% YoY
• ▍Net income −15,3% YoY
• ▍Net margin 1.5%

Revenue ¥7.85B, +16,1% YoY; Operating income +17,9% YoY.

• ▍Revenue ¥7.85B, +16,1% YoY
• ▍Operating income +17,9% YoY
• ▍Net income +18,2% YoY
• ▍Net margin 4.7%

Revenue ¥8.65B, +16,9% YoY; Operating income +22,7% YoY.

• ▍Revenue ¥8.65B, +16,9% YoY
• ▍Operating income +22,7% YoY
• ▍Net income +24,7% YoY
• ▍Net margin 5.4%

Revenue ¥6.74B, +17,0% YoY; Operating income +30,6% YoY.

• ▍Revenue ¥6.74B, +17,0% YoY
• ▍Operating income +30,6% YoY
• ▍Net income +32,6% YoY
• ▍Net margin 4.5%

Revenue ¥5.78B; Operating income ¥95.9M.

• ▍Revenue ¥5.78B
• ▍Operating income ¥95.9M
• ▍Net margin 2.0%

Revenue ¥6.76B; Operating income ¥496.9M.

• ▍Revenue ¥6.76B
• ▍Operating income ¥496.9M
• ▍Net margin 4.7%

Revenue ¥7.40B; Operating income ¥580.0M.

• ▍Revenue ¥7.40B
• ▍Operating income ¥580.0M
• ▍Net margin 5.0%

Revenue ¥5.76B; Operating income ¥341.5M.

• ▍Revenue ¥5.76B
• ▍Operating income ¥341.5M
• ▍Net margin 4.0%

Revenue ¥29.95B, +16,5% YoY; Operating income +20,0% YoY.

• ▍Revenue ¥29.95B, +16,5% YoY
• ▍Operating income +20,0% YoY
• ▍Net income +20,0% YoY
• ▍Free cash flow +18,6% YoY
• ▍Net margin 4.1%

Revenue ¥25.71B, +15,0% YoY; Operating income +20,7% YoY.

• ▍Revenue ¥25.71B, +15,0% YoY
• ▍Operating income +20,7% YoY
• ▍Net income +19,9% YoY
• ▍Free cash flow +23,0% YoY
• ▍Net margin 4.0%

Revenue ¥22.35B, +15,2% YoY; Operating income +21,9% YoY.

• ▍Revenue ¥22.35B, +15,2% YoY
• ▍Operating income +21,9% YoY
• ▍Net income +25,3% YoY
• ▍Free cash flow +23,8% YoY
• ▍Net margin 3.9%

Revenue ¥19.41B, +18,1% YoY; Operating income +13,8% YoY.

• ▍Revenue ¥19.41B, +18,1% YoY
• ▍Operating income +13,8% YoY
• ▍Net income +20,5% YoY
• ▍Free cash flow +6,9% YoY
• ▍Net margin 3.5%