| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 452.88 | -36 |
| Intrinsic value (DCF) | 369.35 | -48 |
| Graham-Dodd Method | 373.87 | -47 |
| Graham Formula | 452.40 | -36 |
Jenoba Co., Ltd. is a Tokyo-based company specializing in positional information data distribution services in Japan. Established in 1997, Jenoba develops and provides positional information systems and consulting services tailored for industries such as land surveying, construction, agriculture, UAV/drone operations, and mobility robotics. The company plays a critical role in Japan's geospatial data market, leveraging its expertise to support infrastructure development, precision agriculture, and autonomous mobility solutions. With a market capitalization of ¥8.81 billion, Jenoba operates in the Internet Content & Information sector under Communication Services, positioning itself as a niche provider of high-precision location-based solutions. Its services are essential for industries requiring accurate geospatial data, making it a key player in Japan's digital transformation and smart city initiatives.
Jenoba Co., Ltd. presents a specialized investment opportunity in Japan's geospatial data market, with a strong focus on high-margin positional information services. The company boasts a solid financial position, with ¥3.57 billion in cash and no debt, alongside a healthy net income of ¥482.4 million (FY 2024). However, its high beta of 1.932 indicates significant volatility, likely tied to its niche market exposure. The dividend yield is modest at ¥5 per share, suggesting a growth-oriented rather than income-focused strategy. Investors should weigh Jenoba's leadership in Japan's positional data sector against potential risks from competition and reliance on domestic demand. The company's cash flow from operations (¥572.5 million) and low capital expenditures (-¥7 million) reflect efficient operations, but growth may depend on expanding beyond traditional surveying applications.
Jenoba Co., Ltd. holds a competitive advantage in Japan's positional data market through its specialized consulting services and long-standing industry relationships. Unlike generalist GIS providers, Jenoba focuses on high-precision applications for surveying, construction, and agriculture, which demand localized expertise. Its zero-debt balance sheet and strong cash position allow for strategic investments in UAV/drone and robotics-related geospatial solutions—a growing segment in Japan. However, the company faces competition from larger global GIS players and domestic tech firms expanding into smart city solutions. Jenoba's differentiation lies in its deep domain knowledge and regulatory familiarity in Japan, but its scalability outside niche markets remains untested. The lack of debt provides flexibility, but revenue concentration in Japan (no disclosed international operations) could limit growth compared to multinational competitors. Its consulting-driven model offers sticky customer relationships but may face margin pressure from software-centric rivals.