9823.T
Unloved QualityMammy Mart Holdings Corporation · Consumer Defensive · Japan · $298M cap · $635K/day traded
JPY 943 +1.8% · close 12 Nov · scored 13 Nov
Score up 1.4 since 12 Nov.
Unloved Quality: Strong and cheap, but the market has not warmed to it.
As of 13 Nov 2026, the MoatMap Score for Mammy Mart Holdings Corporation (9823.T) is 49/100, ranked against 25,000+ stocks in 38 markets (Quality 51, Value 67, Momentum 25, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT MAMMY MART HOLDINGS CORPORATION
Read
Mammy Mart Holdings Corporation operates a chain of supermarkets and discount grocery stores primarily in the Kanto region, including Saitama and Chiba prefectures. The company maintains a resilient market position by focusing on high-quality fresh foods, prepared meals, and expanding its private-label offerings. It operates as a competitive regional grocery retailer with a loyal customer base and a disciplined store-opening strategy.
FINANCIAL SUMMARY (JPY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 133.0B | 145.0B | 160.7B | 193.7B | 13.3% | 224.5B |
| EPS (JPY) | 68.38 | 82.11 | 18.92 | 104.91 | 15.3% | 108.54 |
| Shares | 50.1M | 50.1M | 50.1M | 50.0M | -0.1% | 50.1M |
| Debt | 10.9B | 5.3B | 14.5B | 19.9B | 22.1% | 27.1B |
| Equity | 32.0B | 34.0B | 37.9B | 42.4B | 9.8% | — |
| Op CF | 4.3B | 14.7B | 925.0M | 10.2B | 33.0% | 10.3B |
| Inv CF | -2.8B | -2.5B | -5.7B | -9.8B | — | — |
| Fin CF | -1.9B | -8.1B | 560.0M | -543.0M | — | — |
Made a new 52-week low 6 trading days ago, 47% below its 52-week high. The fall has not stopped yet.
Calmer than 66% of stocks we rank over the past year (volatility 33% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Defensive, ranked by industry match, size, and score similarity. Cross-listings of 9823.T are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 9823.T | Mammy Mart Holdings Corporation(you) | $298M | 49 |
| 2791.T | Daikokutenbussan Co.,Ltd. | $330M | 41 |
| 7643.T | Daiichi Co.,Ltd. | $116M | 46 |
| 9946.T | MINISTOP Co., Ltd. | $331M | 27 |
| 7596.T | Uoriki Co., Ltd. | $192M | 67 |
| 9974.T | Belc CO., LTD. | $848M | 61 |
| 8167.T | Retail Partners Co., Ltd. | $372M | 82 |
| 7508.T | G-7 Holdings Inc. | $385M | 83 |
| 2742.T | Halows Co.,Ltd. | $509M | 86 |
| 3539.T | JM Holdings Co.,Ltd. | $496M | 89 |
Peer medians: ROE 8.1% · P/E 16.0x · Gross margin 28.5%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.