Starts Proceed Investment Corporation Logo

Starts Proceed Investment Corporation

8979.T

(1.5)
Stock Price

172.300,00 JPY

3.06% ROA

6.62% ROE

16.22x PER

Market Cap.

52.512.474.300,00 JPY

114.27% DER

5.37% Yield

36.33% NPM

Starts Proceed Investment Corporation Stock Analysis

Starts Proceed Investment Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Starts Proceed Investment Corporation Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

2 ROE

The stock's ROE falls within an average range (5.76%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (2.78%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (1.2x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (562.342), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

6 DER

The stock is burdened with a heavy load of debt (105%), making it financially unstable and potentially risky for investors.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Starts Proceed Investment Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Starts Proceed Investment Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Starts Proceed Investment Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Starts Proceed Investment Corporation Revenue
Year Revenue Growth
2009 2.955.469.000
2010 3.052.220.000 3.17%
2011 3.032.200.000 -0.66%
2012 3.030.147.000 -0.07%
2013 3.422.708.000 11.47%
2014 3.842.866.000 10.93%
2015 4.460.408.000 13.84%
2016 4.484.955.000 0.55%
2017 6.154.089.000 27.12%
2018 6.206.556.000 0.85%
2019 6.239.792.000 0.53%
2020 7.018.057.000 11.09%
2021 6.337.399.000 -10.74%
2022 6.573.535.000 3.59%
2023 7.225.816.000 9.03%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Starts Proceed Investment Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2009 0
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Starts Proceed Investment Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 237.553.000
2010 260.944.000 8.96%
2011 271.996.000 4.06%
2012 271.621.000 -0.14%
2013 305.535.000 11.1%
2014 333.318.000 8.34%
2015 407.362.000 18.18%
2016 412.166.000 1.17%
2017 579.466.000 28.87%
2018 603.791.000 4.03%
2019 597.759.000 -1.01%
2020 616.575.000 3.05%
2021 594.282.000 -3.75%
2022 592.829.000 -0.25%
2023 42.128.000 -1307.21%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Starts Proceed Investment Corporation EBITDA
Year EBITDA Growth
2009 1.765.880.000
2010 1.686.355.000 -4.72%
2011 1.751.427.000 3.72%
2012 1.772.835.000 1.21%
2013 2.053.927.000 13.69%
2014 2.292.560.000 10.41%
2015 2.679.020.000 14.43%
2016 2.702.376.000 0.86%
2017 3.894.389.000 30.61%
2018 3.867.567.000 -0.69%
2019 3.880.893.000 0.34%
2020 4.652.407.000 16.58%
2021 3.948.851.000 -17.82%
2022 4.148.565.000 4.81%
2023 4.484.172.000 7.48%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Starts Proceed Investment Corporation Gross Profit
Year Gross Profit Growth
2009 1.788.628.000
2010 1.793.199.000 0.25%
2011 1.748.655.000 -2.55%
2012 1.720.151.000 -1.66%
2013 1.897.954.000 9.37%
2014 2.095.718.000 9.44%
2015 2.412.348.000 13.13%
2016 2.425.407.000 0.54%
2017 3.538.705.000 31.46%
2018 3.552.341.000 0.38%
2019 3.568.969.000 0.47%
2020 4.300.879.000 17.02%
2021 3.580.471.000 -20.12%
2022 3.766.020.000 4.93%
2023 3.421.638.000 -10.06%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Starts Proceed Investment Corporation Net Profit
Year Net Profit Growth
2009 926.164.000
2010 743.927.000 -24.5%
2011 811.952.000 8.38%
2012 846.514.000 4.08%
2013 1.070.600.000 20.93%
2014 1.192.296.000 10.21%
2015 1.427.891.000 16.5%
2016 1.443.712.000 1.1%
2017 2.415.393.000 40.23%
2018 2.325.120.000 -3.88%
2019 2.329.645.000 0.19%
2020 3.076.595.000 24.28%
2021 2.341.303.000 -31.41%
2022 2.498.470.000 6.29%
2023 2.819.254.000 11.38%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Starts Proceed Investment Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 8.577
2010 6.890 -24.5%
2011 7.519 8.38%
2012 7.840 4.08%
2013 8.465 7.38%
2014 8.224 -2.92%
2015 8.228 0.05%
2016 8.308 0.95%
2017 9.578 13.26%
2018 9.055 -5.76%
2019 9.127 0.79%
2020 12.123 24.71%
2021 9.226 -31.41%
2022 9.845 6.3%
2023 9.980 1.35%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Starts Proceed Investment Corporation Free Cashflow
Year Free Cashflow Growth
2009 1.135.203.000
2010 -1.219.477.000 193.09%
2011 1.228.629.000 199.26%
2012 1.258.983.000 2.41%
2013 -8.818.674.000 114.28%
2014 1.524.674.000 678.4%
2015 -7.730.492.000 119.72%
2016 1.362.591.000 667.34%
2017 -20.558.278.000 106.63%
2018 -2.993.016.000 -586.87%
2019 2.900.863.000 203.18%
2020 2.524.767.000 -14.9%
2021 2.710.218.000 6.84%
2022 2.307.715.000 -17.44%
2023 -3.273.909.500 170.49%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Starts Proceed Investment Corporation Operating Cashflow
Year Operating Cashflow Growth
2009 1.295.658.000
2010 1.047.901.000 -23.64%
2011 1.428.387.000 26.64%
2012 1.469.275.000 2.78%
2013 1.687.149.000 12.91%
2014 2.016.842.000 16.35%
2015 2.411.209.000 16.36%
2016 2.423.681.000 0.51%
2017 5.373.813.000 54.9%
2018 3.848.549.000 -39.63%
2019 3.964.058.000 2.91%
2020 9.391.702.000 57.79%
2021 4.678.860.000 -100.73%
2022 7.245.013.000 35.42%
2023 1.318.362.500 -449.55%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Starts Proceed Investment Corporation Capital Expenditure
Year Capital Expenditure Growth
2009 160.455.000
2010 2.267.378.000 92.92%
2011 199.758.000 -1035.06%
2012 210.292.000 5.01%
2013 10.505.823.000 98%
2014 492.168.000 -2034.6%
2015 10.141.701.000 95.15%
2016 1.061.090.000 -855.78%
2017 25.932.091.000 95.91%
2018 6.841.565.000 -279.04%
2019 1.063.195.000 -543.49%
2020 6.866.935.000 84.52%
2021 1.968.642.000 -248.82%
2022 4.937.298.000 60.13%
2023 4.592.272.000 -7.51%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Starts Proceed Investment Corporation Equity
Year Equity Growth
2008 19.244.203.000
2009 19.176.026.000 -0.36%
2010 19.060.457.000 -0.61%
2011 19.115.816.000 0.29%
2012 19.142.678.000 0.14%
2013 25.950.087.000 26.23%
2014 25.902.540.000 -0.18%
2015 30.797.305.000 15.89%
2016 30.826.647.000 0.1%
2017 43.516.868.000 29.16%
2018 43.461.922.000 -0.13%
2019 42.936.251.000 -1.22%
2020 43.576.333.000 1.47%
2021 43.341.547.000 -0.54%
2022 49.236.653.000 11.97%
2022 43.484.713.000 -13.23%
2023 48.946.462.000 11.16%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Starts Proceed Investment Corporation Assets
Year Assets Growth
2008 40.493.128.000
2009 42.245.947.000 4.15%
2010 41.956.300.000 -0.69%
2011 41.857.859.000 -0.24%
2012 41.319.590.000 -1.3%
2013 51.981.318.000 20.51%
2014 51.651.866.000 -0.64%
2015 61.754.213.000 16.36%
2016 61.667.138.000 -0.14%
2017 87.480.876.000 29.51%
2018 90.751.682.000 3.6%
2019 89.804.563.000 -1.05%
2020 90.411.706.000 0.67%
2021 90.258.562.000 -0.17%
2022 103.703.546.000 12.96%
2022 90.625.199.000 -14.43%
2023 106.659.446.000 15.03%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Starts Proceed Investment Corporation Liabilities
Year Liabilities Growth
2008 21.248.925.000
2009 23.069.921.000 7.89%
2010 22.895.843.000 -0.76%
2011 22.742.043.000 -0.68%
2012 22.176.912.000 -2.55%
2013 26.031.231.000 14.81%
2014 25.749.326.000 -1.09%
2015 30.956.908.000 16.82%
2016 30.840.491.000 -0.38%
2017 43.964.008.000 29.85%
2018 47.289.760.000 7.03%
2019 46.868.312.000 -0.9%
2020 46.835.373.000 -0.07%
2021 46.917.015.000 0.17%
2022 54.466.893.000 13.86%
2022 47.140.486.000 -15.54%
2023 57.712.984.000 18.32%

Starts Proceed Investment Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
31547.4
Net Income per Share
11460.4
Price to Earning Ratio
16.22x
Price To Sales Ratio
5.89x
POCF Ratio
9
PFCF Ratio
350.39
Price to Book Ratio
1.07
EV to Sales
12.04
EV Over EBITDA
19.55
EV to Operating CashFlow
18.39
EV to FreeCashFlow
715.63
Earnings Yield
0.06
FreeCashFlow Yield
0
Market Cap
52,51 Bil.
Enterprise Value
107,25 Bil.
Graham Number
211378.26
Graham NetNet
-199985.36

Income Statement Metrics

Net Income per Share
11460.4
Income Quality
1.8
ROE
0.07
Return On Assets
0.03
Return On Capital Employed
0.04
Net Income per EBT
0.99
EBT Per Ebit
0.85
Ebit per Revenue
0.43
Effective Tax Rate
0.01

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.47
Operating Profit Margin
0.43
Pretax Profit Margin
0.37
Net Profit Margin
0.36

Dividends

Dividend Yield
0.05
Dividend Yield %
5.37
Payout Ratio
1.15
Dividend Per Share
9985

Operating Metrics

Operating Cashflow per Share
20644.97
Free CashFlow per Share
530.56
Capex to Operating CashFlow
0.97
Capex to Revenue
0.64
Capex to Depreciation
3.4
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
1.66
Days Payables Outstanding
16.3
Days of Inventory on Hand
0
Receivables Turnover
219.74
Payables Turnover
22.39
Inventory Turnover
0
Capex per Share
20114.41

Balance Sheet

Cash per Share
4.217,35
Book Value per Share
173.275,92
Tangible Book Value per Share
169644.77
Shareholders Equity per Share
173275.92
Interest Debt per Share
200037.76
Debt to Equity
1.14
Debt to Assets
0.52
Net Debt to EBITDA
9.98
Current Ratio
0.27
Tangible Asset Value
47,92 Bil.
Net Current Asset Value
-54,05 Bil.
Invested Capital
92173369000
Working Capital
-9,77 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,04 Bil.
Average Payables
0,21 Bil.
Average Inventory
0
Debt to Market Cap
1.07

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Starts Proceed Investment Corporation Dividends
Year Dividends Growth
2010 3.237
2011 7.519 56.95%
2012 7.840 4.09%
2013 8.422 6.91%
2014 8.224 -2.41%
2015 8.217 -0.09%
2016 8.308 1.1%
2017 9.021 7.9%
2018 9.055 0.38%
2019 9.180 1.36%
2020 10.547 12.96%
2021 9.163 -15.1%
2022 10.470 12.48%
2023 10.331 -1.35%
2024 10.451 1.15%

Starts Proceed Investment Corporation Profile

About Starts Proceed Investment Corporation

Starts Proceed Investment Corporation listed on the Jasdaq Securities Exchange (currently JASDAQ market in Osaka Securities Exchange) in November 2005 as a real estate investment trust (J-REIT) specializing in rental housing. Later in July 2010, Starts Proceed transferred its listing to the Tokyo Stock Exchange (securities code: 8979).

CEO
Mr. Mitsuo Otsuki
Employee
0
Address
3-1-8 Nihonbashi
Tokyo, 103-0027

Starts Proceed Investment Corporation Executives & BODs

Starts Proceed Investment Corporation Executives & BODs
# Name Age
1 Masato Goto
Operations Manager
70
2 Kazuyoshi Yoshizawa
Investment Manager
70
3 Kazuya Hiraide
Executive Director
70
4 Mr. Mitsuo Otsuki
Chief Financial Officer and Senior Managing Director
70
5 Mr. Akira Matsumoto
Compliance Officer
70
6 Shigeru Matsuda
Controller
70

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