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7698.T

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Iceco Inc. · Consumer Defensive · Japan · $61M · Avg Vol: $27K/d

36
StockRank
Q
35
V
33
M
59
P/E (TTM)
26.9x
ROE
9.4%
D/E
1.2x
Dividend %
0.8%
AI CONVICTION THESIS

Iceco is a Japanese frozen food distributor operating in a low-growth, low-margin domestic market with no pricing power or global scale advantages.

COMPANY DESCRIPTION

Iceco Inc. is a specialized distributor and wholesaler of ice cream and frozen foods, while also operating regional supermarkets. The company holds a strong market position in the Kanto and Tokai regions of Japan, leveraging its specialized cold-chain logistics network to serve major retailers and convenience stores. Its competitive moat is sustained by its temperature-controlled distribution infrastructure and deep relationships with major frozen food manufacturers.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue261.4M277.6M312.3M338.4M9.0%
EPS0.420.230.510.7622.3%
Shares3.8M3.8M3.9M3.9M+2.4%
Debt20.9M18.1M17.5M15.3M-9.8%
Equity19.0M19.6M21.2M23.7M7.7%
Op CF6.1M2.4M10.3M1.1M-43.5%
Inv CF-1.4M-1.2M-6.7M-4.5M
Fin CF-0.9M-3.2M-0.9M-2.6M
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PRICE (1Y)+2.8%
14.8715.0215.1615.3115.45May 18Jun 8Jun 26
SMA 50SMA 200
Close
$15.42
RSI (14)
58.0
52W High
$16.94
From 52W High
0.9%

SCORE BREAKDOWN

Quality
35
ROIC
7.0%34.5
ROE
9.4%48.3
GP/Assets
47.7%77.7
Op. Margin
0.5%15.5
FCF/Assets
-13.3%3.3
Piotroski
643.9
Int. Cover
14.0x53.9
D/E Ratio
1.24x16.7
Current Ratio
0.87x17.6
Value
33
P/E (TTM)
26.9x23.0
EV/EBITDA
11.2x38.2
P/FCF
N/A
P/B
2.3x32.9
P/S
0.2x92.8
Div Yield
0.8%6.7
Momentum
59
52W High %
91%79.0
RS 6M
-23%48.8
SMA 50/200
1.07x79.5
EPS Rev 4W
-1.8%33.7
EPS Rev 12W
N/A
EPS Improve
+45%56.8
Q Growth
N/A

FUNDAMENTALS

Market Cap
$61M
P/E (Forward)
18.5x
Gross Margin
17.3%

SECTOR PEERS

Closest peers in Consumer Defensive, ranked by industry match, size, and score similarity. Cross-listings of 7698.T are excluded.

TickerCompanyMkt CapStockRankSignal
7698.TIceco Inc.(you)$61M36HOLD
8039.TTsukiji Uoichiba Company, Limited$51M37HOLD
3160.TOomitsu Co., Ltd.$50M20SELL
2294.TKakiyasu Honten Co., Ltd.$149M50HOLD
2586.TFruta Fruta Inc.$65M3STRONG SELL
7520.TEco's Co.,Ltd.$161M54HOLD
7686.THitoMile Co., Ltd.$76M75BUY
2268.TB-R 31 Ice Cream Co.,Ltd.$246M57HOLD
8030.TChuo Gyorui Co., Ltd.$85M80BUY
2708.TKuze Co., Ltd.$56M89STRONG BUY

Peer medians: ROE 9.0% · P/E 14.9x · Gross margin 28.8%

Iceco Inc. (7698.T) — Stock Score Summary

Iceco Inc. (7698.T) has a MoatMap StockRank of 36/100 based on Quality (35/100), Value (33/100), and Momentum (59/100) factor scores. The current signal is HOLD. Iceco is a Japanese frozen food distributor operating in a low-growth, low-margin domestic market with no pricing power or global scale advantages.

Iceco Inc. is a specialized distributor and wholesaler of ice cream and frozen foods, while also operating regional supermarkets. The company holds a strong market position in the Kanto and Tokai regions of Japan, leveraging its specialized cold-chain logistics network to serve major retailers and convenience stores. Its competitive moat is sustained by its temperature-controlled distribution infrastructure and deep relationships with major frozen food manufacturers.

Key Financial Metrics

Price$15.42
Market Cap$61M
P/E (TTM)26.88
P/E (Forward)18.50
Price/Book2.34
Return on Equity9.4%
Return on Invested Capital7.0%
Debt/Equity124.23
Gross Margin17.3%
Operating Margin0.5%
Revenue Growth6.0%
Dividend Yield0.8%
Free Cash Flow$-17M

Iceco Inc. operates in the Food Distribution industry, part of the Consumer Defensive sector (Japan).

Frequently Asked Questions

What is Iceco Inc.’s (7698.T) StockRank?
MoatMap’s StockRank for Iceco Inc. (7698.T) is 36/100, with a Hold signal. It is a composite of Quality (35), Value (33), and Momentum (59) factor ranks across MoatMap’s 20,000+ stock universe.
Does Iceco Inc. have an economic moat?
Iceco Inc. (7698.T) has a Quality factor score of 35/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Iceco Inc. a buy, hold, or sell?
MoatMap’s current signal for Iceco Inc. (7698.T) is Hold, based on a StockRank of 36/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Iceco Inc. in?
Iceco Inc. (7698.T) operates in the Consumer Defensive sector, specifically the Food Distribution industry (Japan).