High MarginsSustained gross margins near 38–43% and net margin ~15.8% indicate durable pricing power and operational efficiency in plasma equipment. High margins support internal cash generation, fund R&D and service offerings, and provide resilience through semiconductor cycle volatility.

Strong ROEA 15.2% ROE reflects effective capital allocation and profitable use of shareholder equity. This level supports long-term return potential, underpins reinvestment capacity for product development and helps attract strategic partners in semiconductor supply chains.

Improving Leverage & Cash GenerationReduced leverage (D/E from 1.34 to 0.93) combined with near‑unit FCF to net income shows improving balance sheet durability and stronger cash conversion. This enhances financial flexibility to fund capex, service debt, and sustain long-term contracts in capital‑intensive markets.

Bears Say

Revenue DeclineRecent negative revenue growth suggests demand softness or order timing issues in end markets. If sustained, declining top-line undermines operating leverage, limits reinvestment capacity, and pressures long‑term growth prospects in the competitive semiconductor equipment market.

Cash-flow VolatilityPast volatility and intermittent negative free cash flow raise risks for consistent funding of R&D, maintenance services, and capex. Variable cash generation can complicate planning, increase reliance on debt or equity issuance, and weaken resilience in downturns.

Elevated Total DebtAlthough leverage has improved, the company still carries a relatively high absolute debt load. Elevated debt increases interest and refinancing risk, limiting strategic flexibility and heightening vulnerability to margin pressure or cyclical industry slowdowns.

6668 FAQ

What was Adtec Plasma Technology Co., Ltd.’s price range in the past 12 months?

Adtec Plasma Technology Co., Ltd. lowest stock price was ¥1000.00 and its highest was ¥2008.00 in the past 12 months.

What is Adtec Plasma Technology Co., Ltd.’s market cap?

Adtec Plasma Technology Co., Ltd.’s market cap is ¥16.96B.

When is Adtec Plasma Technology Co., Ltd.’s upcoming earnings report date?

Adtec Plasma Technology Co., Ltd.’s upcoming earnings report date is Apr 10, 2026 which is in 49 days.

How were Adtec Plasma Technology Co., Ltd.’s earnings last quarter?

Adtec Plasma Technology Co., Ltd. released its earnings results on Jan 09, 2026. The company reported ¥12 earnings per share for the quarter, beating the consensus estimate of N/A by ¥12.

Is Adtec Plasma Technology Co., Ltd. overvalued?

According to Wall Street analysts Adtec Plasma Technology Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Adtec Plasma Technology Co., Ltd. pay dividends?

Adtec Plasma Technology Co., Ltd. pays a Notavailable dividend of ¥16 which represents an annual dividend yield of 1.66%. See more information on Adtec Plasma Technology Co., Ltd. dividends here

What is Adtec Plasma Technology Co., Ltd.’s EPS estimate?

Adtec Plasma Technology Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Adtec Plasma Technology Co., Ltd. have?

Adtec Plasma Technology Co., Ltd. has 8,586,000 shares outstanding.

What happened to Adtec Plasma Technology Co., Ltd.’s price movement after its last earnings report?

Adtec Plasma Technology Co., Ltd. reported an EPS of ¥12 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.962%.

Which hedge fund is a major shareholder of Adtec Plasma Technology Co., Ltd.?

Currently, no hedge funds are holding shares in JP:6668

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Adtec Plasma Technology Co., Ltd.

Adtec Plasma Technology Co., Ltd. engages in the design, manufacture, sale, and technical support of RF plasma generators, matching units, and digital RF power tracers in Japan. The company offers radio frequency plasma generator, automatic impedance matching boxes, digital power tracer, DC power supply products, and microwaves. Its products are installed on tools for LCD panels and semiconductor processes. The company was formerly known as Adtec Co. and changed its name to Adtec Plasma Technology Co., Ltd. in December 2000. Adtec Plasma Technology Co., Ltd. was incorporated in 1985 and is headquartered in Fukuyama, Japan.