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EPCO Co.,Ltd.
(2311)
Select Model
Select Model
Rating:74Outperform
Price Target:
¥876.00
▲(10.33% Upside)
Action:Reiterated
Date:08/04/26
The score is driven primarily by solid financial footing (strong balance sheet and sustained revenue growth) and supportive valuation (mid P/E with a high dividend yield). Technical signals are mildly positive but not strong enough to materially lift the overall rating given the stock’s relatively flat longer-term trend and historically variable profitability/cash flow.
Positive Factors
Conservative balance sheet / low leverage
A conservative capital structure with a strong equity base and low leverage preserves financial flexibility over time. It supports investment, dividend sustainability and resilience to cyclical downturns, reducing refinancing and solvency risk for the next several years.
Negative Factors
Volatile profitability and uneven earnings quality
Marked swings in net income and operating profit reduce predictability of earnings and make margin forecasting difficult. This variability increases execution risk, complicates capital allocation choices, and can strain investor confidence in medium-term performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
A conservative capital structure with a strong equity base and low leverage preserves financial flexibility over time. It supports investment, dividend sustainability and resilience to cyclical downturns, reducing refinancing and solvency risk for the next several years.
Read all positive factors
EPCO Co.,Ltd. (2311) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥7.00B
Dividend Yield4.55%
Average Volume (3M)26.39K
Price to Earnings (P/E)17.8
Beta (1Y)0.39
Revenue Growth2.96%
EPS Growth-15.14%
CountryJP
Employees600
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)52.74
Shares Outstanding9,316,000
10 Day Avg. Volume31,870
30 Day Avg. Volume26,386
Financial Highlights & Ratios
PEG Ratio0.57
Price to Book (P/B)1.54
Price to Sales (P/S)1.15
P/FCF Ratio24.06
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
EPCO Co.,Ltd. Business Overview & Revenue Model
Company Description
null...
How the Company Makes Money
null...
EPCO Co.,Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
82
Very Positive
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.37B | 6.25B | 5.61B | 5.06B | 4.82B | 4.70B |
| Gross Profit | 1.91B | 1.84B | 1.69B | 1.28B | 1.16B | 1.41B |
| EBITDA | 717.79M | 678.27M | 567.05M | 920.65M | 615.86M | 1.14B |
| Net Income | 472.11M | 424.87M | 327.11M | 626.53M | 359.25M | 658.10M |
Balance Sheet | ||||||
| Total Assets | 5.83B | 5.84B | 5.82B | 5.60B | 5.08B | 6.38B |
| Cash, Cash Equivalents and Short-Term Investments | 2.64B | 2.82B | 2.17B | 1.50B | 1.41B | 2.15B |
| Total Debt | 500.00M | 500.00M | 500.00M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.23B | 1.17B | 1.18B | 924.54M | 686.36M | 1.33B |
| Stockholders Equity | 4.61B | 4.67B | 4.65B | 4.68B | 4.39B | 5.05B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 299.11M | 256.60M | 436.99M | -385.67M | 205.12M |
| Operating Cash Flow | 0.00 | 370.03M | 321.77M | 465.72M | -167.99M | 230.05M |
| Investing Cash Flow | 0.00 | 571.80M | -395.36M | 303.14M | -330.11M | 483.38M |
| Financing Cash Flow | 0.00 | -286.39M | 213.91M | -325.34M | -298.67M | -267.44M |
EPCO Co.,Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥6.97B | 13.88 | ― | 1.96% | 11.06% | 18.61% | |
74 Outperform | ¥7.00B | 17.85 | ― | 3.77% | 2.96% | -15.14% | |
72 Outperform | ¥5.62B | 10.96 | ― | 2.86% | 8.08% | 38.63% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | ¥7.66B | 13.80 | ― | 2.03% | 23.05% | 8.64% | |
41 Neutral | ¥9.07B | -12.50 | ― | ― | -9.88% | -12.16% |
* Industrials Sector Average
JP:2311
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EPCO Co.,Ltd. Corporate Events
EPCO Delivers Strong Q1 on Renewable Energy and Maintenance Gains
Jun 23, 2026
EPCO Co., Ltd. reported strong first-quarter fiscal 2026 results, highlighting significant year-on-year growth in sales and profits from its Renewable Energy Solutions and Maintenance Service businesses, with progress toward full-year forecasts de...
Epco Posts Strong Q1 Profit Growth and Keeps Full-Year Outlook, Tweaks Dividend Mix
May 14, 2026
Epco reported consolidated results for the three months ended March 31, 2026, with net sales rising 7.8% year on year to ¥1.61 billion, operating profit up 68.2% to ¥93 million and profit attributable to owners of parent nearly doubling ...
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.