Hokuriku Electrical Construction Co Ltd (JP:1930)
:1930
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Hokuriku Electrical Construction Co
(1930)
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Rating:76Outperform
Price Target:
¥1,667.00
▲(18.48% Upside)
Action:ReiteratedDate:03/05/26
The score is driven primarily by strong financial performance (robust free cash flow, improving margins, and very low leverage). Technicals are supportive but somewhat stretched in the short term (elevated RSI/Stochastic and price below the 20-day average), while valuation appears reasonable with a moderate dividend yield.
Positive Factors
Cash generation
Very strong cash conversion is durable for a project-driven business: outsized free cash flow growth and operating cash flow well above net income provide sustained funding for working capital, capex and dividends, and reduce reliance on external financing over months.
Negative Factors
Revenue volatility
Material year-over-year swings in revenue highlight the company’s sensitivity to project awards and timing. Such volatility can compress margins and make cash flow less predictable when new contract intake slows or larger projects are delayed.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Very strong cash conversion is durable for a project-driven business: outsized free cash flow growth and operating cash flow well above net income provide sustained funding for working capital, capex and dividends, and reduce reliance on external financing over months.
Read all positive factors
Hokuriku Electrical Construction Co (1930) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥42.38B
Dividend Yield3.06%
Average Volume (3M)48.09K
Price to Earnings (P/E)7.4
Beta (1Y)0.84
Revenue Growth-5.41%
EPS Growth5.68%
CountryJP
Employees1,330
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)50.91
Shares Outstanding29,963,991
10 Day Avg. Volume50,360
30 Day Avg. Volume48,093
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)0.77
Price to Sales (P/S)0.59
P/FCF Ratio4.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hokuriku Electrical Construction Co Business Overview & Revenue Model
Company Description
Hokuriku Electrical Construction Co, established in 1930, is a leading player in the electrical construction industry, primarily operating in Japan. The company specializes in providing a comprehensive range of services including electrical instal...
How the Company Makes Money
The company primarily makes money by contracting and delivering electrical construction and engineering projects, then recognizing revenue as projects are executed and completed. Key revenue streams generally include (1) construction and installat...
Hokuriku Electrical Construction Co Financial Statement Overview
Summary
Income Statement
80
Positive
Balance Sheet
75
Positive
Cash Flow
85
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 56.40B | 57.41B | 53.40B | 44.85B | 45.93B | 44.89B |
| Gross Profit | 10.36B | 10.37B | 8.88B | 7.03B | 6.94B | 7.72B |
| EBITDA | 5.69B | 5.96B | 4.65B | 3.37B | 4.22B | 5.50B |
| Net Income | 3.11B | 3.19B | 2.21B | 1.63B | 2.25B | 3.17B |
Balance Sheet | ||||||
| Total Assets | 56.21B | 60.71B | 62.75B | 54.80B | 55.59B | 53.83B |
| Cash, Cash Equivalents and Short-Term Investments | 22.61B | 23.35B | 19.50B | 20.65B | 21.57B | 24.26B |
| Total Debt | 111.00M | 330.00M | 371.00M | 14.00M | 28.00M | 26.00M |
| Total Liabilities | 12.68B | 16.81B | 20.88B | 14.08B | 15.73B | 15.38B |
| Stockholders Equity | 43.53B | 43.89B | 41.87B | 40.72B | 39.86B | 38.45B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 7.19B | 1.47B | 1.85B | -1.57B | 3.00B |
| Operating Cash Flow | 0.00 | 7.60B | 2.25B | 3.31B | 199.00M | 4.00B |
| Investing Cash Flow | 0.00 | -3.42B | -1.44B | -2.94B | -3.04B | 17.00M |
| Financing Cash Flow | 0.00 | -1.39B | -1.29B | -900.00M | -943.00M | -593.00M |
Hokuriku Electrical Construction Co Technical Analysis
Negative
1407.00
Price Trends
1613.38
Negative
1513.31
Negative
1431.07
Positive
Market Momentum
-34.64
Positive
36.32
Neutral
8.06
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1930, the sentiment is Negative. The current price of 1407 is below the 20-day moving average (MA) of 1620.45, below the 50-day MA of 1613.38, and below the 200-day MA of 1431.07, indicating a neutral trend. The MACD of -34.64 indicates Positive momentum. The RSI at 36.32 is Neutral, neither overbought nor oversold. The STOCH value of 8.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:1930.
Hokuriku Electrical Construction Co Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥42.38B | 7.43 | 7.09% | 3.06% | -5.41% | 5.68% | |
76 Outperform | ¥259.31B | 12.19 | 7.43% | 2.78% | 1.31% | 59.20% | |
76 Outperform | ¥96.56B | 13.41 | ― | 4.38% | -0.84% | -1.80% | |
72 Outperform | ¥1.29T | 12.95 | 14.94% | 2.00% | 16.43% | 53.76% | |
72 Outperform | ¥699.53B | 12.93 | ― | 2.15% | -5.20% | -1.20% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
JP:1930
Hokuriku Electrical Construction Co
1,514.00
318.43
26.63%
JP:1941
CHUDENKO
4,715.00
1,516.60
47.42%
JP:1942
Kandenko Co., Ltd.
6,332.00
3,684.16
139.14%
JP:1939
Yondenko Corporation
2,002.00
721.09
56.30%
JP:1959
Kyudenko Corporation
9,874.00
5,139.11
108.54%
Hokuriku Electrical Construction Co Corporate Events
Hokuriku Electrical Construction Posts Strong Nine-Month Earnings and Confirms FY2026 Outlook
Jan 28, 2026
Hokuriku Electrical Construction reported consolidated net sales of ¥43.9 billion for the nine months ended 31 December 2025, up 6.1% year on year, with operating profit rising 16.4% to ¥3.2 billion and profit attributable to owners of p...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.