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Stock Analysis & ValuationAqualine Ltd. (6173.T)

Professional Stock Screener
Previous Close
¥179.00
Sector Valuation Confidence Level
Moderate
Valuation methodValue, ¥Upside, %
Artificial intelligence (AI)177.51-1
Intrinsic value (DCF)129.60-28
Graham-Dodd Methodn/a
Graham Formula1670.81833

Strategic Investment Analysis

Company Overview

Aqualine Ltd. (6173.T) is a Japanese company specializing in emergency repair services for water supply products, serving both individual and corporate clients. Founded in 1995 and headquartered in Hiroshima, Japan, Aqualine offers a comprehensive suite of services, including unclogging drains, repairing leaks, pipe-laying, and renovating water supply systems. The company also provides customer-centric services such as dedicated call centers and on-site visits. Additionally, Aqualine markets mineral water under the aqua-aqua brand and offers water dispenser services. Operating in the Construction Materials sector, Aqualine plays a critical role in Japan's basic materials industry by ensuring the functionality and safety of water supply systems. Despite its niche focus, the company faces challenges in a competitive market, reflected in its recent financial performance. Investors should consider Aqualine's specialized service offerings and market positioning when evaluating its long-term potential.

Investment Summary

Aqualine Ltd. presents a mixed investment profile. The company operates in a niche but essential market, providing critical water supply repair services in Japan. However, its recent financials show a net loss of ¥324 million and negative operating cash flow, raising concerns about profitability and cash management. The company's beta of -0.767 suggests low correlation with the broader market, which could appeal to risk-averse investors seeking diversification. With no dividend payouts and a market cap of approximately ¥2.26 billion, Aqualine may be more suited to speculative investors betting on a turnaround. Key risks include operational inefficiencies and competitive pressures, while potential upsides could stem from increased demand for emergency repair services in Japan's aging infrastructure.

Competitive Analysis

Aqualine Ltd. competes in Japan's water supply repair and maintenance market, a sector characterized by high fragmentation and local competition. The company's competitive advantage lies in its specialized service offerings, including emergency repairs and customer-oriented solutions like dedicated call centers. However, its financial struggles indicate potential inefficiencies or pricing pressures in the market. Aqualine's dual focus on repair services and branded mineral water (aqua-aqua) provides some diversification but may dilute its core competency. The company's small market cap and localized operations limit its ability to scale compared to larger competitors. Its negative beta suggests it operates somewhat independently of broader market trends, which could be advantageous in economic downturns. To improve competitiveness, Aqualine may need to enhance operational efficiency, expand its service footprint, or explore technological advancements in water supply maintenance.

Major Competitors

  • Daiwa House Industry Co., Ltd. (1925.T): Daiwa House is a major Japanese construction and housing company with a broader service portfolio than Aqualine, including water supply system installations. Its strengths include economies of scale and a strong brand, but its focus on large-scale projects may leave room for Aqualine in niche emergency repair services.
  • LIXIL Group Corporation (5938.T): LIXIL is a global leader in building materials and housing equipment, including water technology. Its extensive R&D capabilities and international presence give it an edge over Aqualine, but LIXIL's focus on manufacturing may limit its direct competition in emergency repair services.
  • Unipres Corporation (5949.T): Unipres specializes in automotive parts but also operates in construction-related sectors. While not a direct competitor, its diversified operations highlight the competitive pressures Aqualine faces from larger, multi-industry players.
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