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Companies Basic Materials 3423.T
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3423.T Tokyo Stock Exchange Construction Materials

S E Corp

¥268,00
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JPY
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Mcap
8,1B JPY
P/E
EV / Rev
Div yield
4,83 %
Op margin
3,3 %
ROE
4,9 %
Net margin
2,1 %
Debt / equity
0,49
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

S E Corp produces and distributes construction materials, primarily serving the infrastructure and real estate development sectors in Japan.

Business. S E Corp is a construction materials company operating within the mineral resources industry. The firm is headquartered in Japan and is primarily listed on the Tokyo Stock Exchange under the ticker symbol 3423.T. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryConstruction Materials
ActivityMineral Resources
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
4,9 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 3423.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 3423.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    S E Corp is a construction materials company operating within the mineral resources industry. The firm is headquartered in Japan and is primarily listed on the Tokyo Stock Exchange under the ticker symbol 3423.T. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryConstruction Materials
    ActivityMineral Resources
    AI synthesis
    GENERATED

    S E Corp maintains a liquidity position with a current ratio of 1.77, indicating the company can cover its short-term obligations with its current assets. The company's cash and equivalents amount to ¥5,119,035,000, but this is partially offset by long-term debt of ¥5,502,000,000, resulting in a net cash position that is negative. The price-to-book ratio of 0.73 suggests the company's market value is below its book value, potentially indicating undervaluation or asset impairment concerns.

    Profitability metrics show a return on equity of 4.86% and a return on assets of 2.14%, both below the industry median for Construction Materials firms. The company's operating margin is 3.27% (¥846,717,000 operating income on ¥25,887,450,000 revenue), which is also below the industry median. Gross margin of 26.72% (¥6,916,715,000 gross profit on ¥25,887,450,000 revenue) is in line with the industry average.

    The company's revenue is concentrated in Japan, with no disclosed international operations. Segment data is not available in the provided financials, but the company's business model is centered on domestic construction materials. The lack of geographic diversification increases exposure to local economic and regulatory conditions.

    S E Corp's revenue growth is not disclosed in the provided data, but the company's operating cash flow of ¥1,705,490,000 and free cash flow of ¥58,753,000 indicate limited cash generation capacity. Capital expenditures of ¥825,095,000 (negative) suggest ongoing investment in infrastructure or equipment, but the scale of investment is modest relative to revenue.

    The company faces moderate liquidity risk due to its debt-to-equity ratio of 0.49 and a net cash position that is negative after subtracting total debt. Dilution risk is assessed as low, with no recent share issuance or ATM/shelf registration activity disclosed. The company's debt structure is primarily long-term, reducing immediate refinancing pressure.

    Recent events include the filing of the latest financial results, which show a net income of ¥543,833,000 and a revenue of ¥25,887,450,000. No material regulatory or legal events are disclosed in the provided data. Analyst estimates align with the reported revenue and EPS, indicating no significant surprises in the latest quarter.

    Key takeaways
    • S E Corp's liquidity position is moderate, with a current ratio of 1.77 but a negative net cash position after subtracting long-term debt.
    • The company's profitability metrics (ROE of 4.86%, ROA of 2.14%) are below the industry median, indicating underperformance in asset utilization and equity returns.
    • Revenue is concentrated in Japan, with no disclosed international operations, increasing exposure to local economic and regulatory conditions.
    • Capital expenditures are modest relative to revenue, suggesting limited investment in growth or modernization.
    • The company's valuation multiples (P/B of 0.73, P/E of 14.94) suggest potential undervaluation or asset impairment concerns.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥268,00
    Market cap
    ¥8.13B
    Enterprise value
    ¥8.51B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    5.0x
    P / B
    0.7x
    P / Tangible book
    0.7x
    Tangible book
    ¥11.20B
    Net cash
    -¥383.0M
    Current ratio
    1.8
    Debt / equity
    0.5
    ROA
    2.1%
    ROE
    4.9%
    Cash conversion
    314.0%
    CapEx / revenue
    -3.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin3,3 %Below median
    Net Margin2,1 %Below median
    ROE4,9 %Above median
    Capex / Rev-3,2 %Above median
    D/E0,49Below median
    Cash Conv3,14Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • S E Corp Market data — financials · 2026-05-26
    • S E Corp Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3423.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage