Dashboard
1
Poor long term growth as Operating profit has grown by an annual rate 4.74% of over the last 5 years
- INTEREST(HY) At JPY 11.05 MM has Grown at 167.94%
- PRE-TAX PROFIT(Q) At JPY -41.76 MM has Fallen at -486.37%
- DEBT-EQUITY RATIO (HY) Highest at 54.27 %
2
With ROE of 9.43%, it has a very attractive valuation with a 1.73 Price to Book Value
3
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
6.38%
0%
6.38%
6 Months
4.13%
0%
4.13%
1 Year
-5.43%
0%
-5.43%
2 Years
212.4%
0%
212.4%
3 Years
206.74%
0%
206.74%
4 Years
166.07%
0%
166.07%
5 Years
216.58%
0%
216.58%
Grandes, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
10.30%
EBIT Growth (5y)
4.74%
EBIT to Interest (avg)
25.02
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
45.69%
Dividend Payout Ratio
28.80%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.77%
ROE (avg)
7.68%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
1.73
EV to EBIT
12.35
EV to EBITDA
11.47
EV to Capital Employed
1.48
EV to Sales
1.41
PEG Ratio
0.66
Dividend Yield
NA
ROCE (Latest)
12.03%
ROE (Latest)
9.43%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
648.70
856.20
-24.23%
Operating Profit (PBDIT) excl Other Income
-46.60
11.90
-491.60%
Interest
4.80
2.10
128.57%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-47.90
3.10
-1,645.16%
Operating Profit Margin (Excl OI)
-71.90%
13.90%
-8.58%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is -24.23% vs -46.30% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is -1,645.16% vs -93.38% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
4,226.40
4,600.30
-8.13%
Operating Profit (PBDIT) excl Other Income
521.10
160.90
223.87%
Interest
8.10
8.40
-3.57%
Exceptional Items
-3.00
-5.10
41.18%
Consolidate Net Profit
251.10
178.70
40.51%
Operating Profit Margin (Excl OI)
114.60%
27.90%
8.67%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -8.13% vs 72.85% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 40.51% vs 171.99% in Dec 2023
About Grandes, Inc. 
Grandes, Inc.
Realty
No Details Available.
Company Coordinates 
No Company Details Available






