Quest Co., Ltd. (JP:2332)
:2332
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Quest Co., Ltd.
(2332)
Select Model
Select Model
Rating:80Outperform
Price Target:
¥2,059.00
▲(27.97% Upside)
Action:ReiteratedDate:10/23/25
Quest Co., Ltd. demonstrates strong financial performance with robust growth and stability, which is the most significant factor in its high score. The technical analysis supports a positive trend, and the valuation indicates potential undervaluation, both contributing positively to the overall score.
Positive Factors
Strong balance sheet
Very low leverage and a high equity ratio provide durable financial flexibility. Minimal debt reduces refinancing and interest risk, while a mid-teens ROE (≈10.6%) indicates the company can generate returns on capital. This supports investment, M&A optionality and resilience through downturns over the next 2-6 months and beyond.
Negative Factors
Modest net profitability
Single-digit net margins leave limited room to absorb input cost inflation or aggressive pricing competition. Margin sensitivity constrains the company's ability to expand operating leverage and reinvest internally without pressuring profitability, making long-term margin expansion more challenging versus higher-margin peers.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet
Very low leverage and a high equity ratio provide durable financial flexibility. Minimal debt reduces refinancing and interest risk, while a mid-teens ROE (≈10.6%) indicates the company can generate returns on capital. This supports investment, M&A optionality and resilience through downturns over the next 2-6 months and beyond.
Read all positive factors
Quest Co., Ltd. (2332) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥8.35B
Dividend Yield3.16%
Average Volume (3M)7.69K
Price to Earnings (P/E)9.8
Beta (1Y)0.61
Revenue Growth14.02%
EPS Growth2.74%
CountryJP
Employees966
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)41.05
Shares Outstanding5,487,768
10 Day Avg. Volume7,450
30 Day Avg. Volume7,686
Financial Highlights & Ratios
PEG Ratio0.91
Price to Book (P/B)0.98
Price to Sales (P/S)0.48
P/FCF Ratio12.07
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
Quest Co., Ltd. Business Overview & Revenue Model
Company Description
Quest Co., Ltd. provides IT services and solutions in Japan. It provides system development and maintenance services; IT infrastructure design, construction, maintenance, operation, and management services; application and infrastructure solutions...
How the Company Makes Money
Quest Co., Ltd. generates revenue through multiple streams, primarily by selling software licenses and subscriptions for its various technology products. The company also earns income from providing consulting and implementation services to help c...
Quest Co., Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
90
Very Positive
Cash Flow
80
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.74B | 14.94B | 14.22B | 14.20B | 11.81B | 11.18B |
| Gross Profit | 2.83B | 2.75B | 2.62B | 2.58B | 2.04B | 1.92B |
| EBITDA | 1.22B | 1.22B | 1.17B | 1.15B | 979.48M | 902.16M |
| Net Income | 758.25M | 767.59M | 696.18M | 690.29M | 690.41M | 636.23M |
Balance Sheet | ||||||
| Total Assets | 9.98B | 10.22B | 9.46B | 9.04B | 7.94B | 7.43B |
| Cash, Cash Equivalents and Short-Term Investments | 2.88B | 3.53B | 3.20B | 2.66B | 2.17B | 3.05B |
| Total Debt | 195.70M | 11.68M | 15.04M | 3.80M | 7.43M | 10.91M |
| Total Liabilities | 2.90B | 2.97B | 2.67B | 2.78B | 2.28B | 2.23B |
| Stockholders Equity | 7.08B | 7.25B | 6.79B | 6.27B | 5.67B | 5.20B |
Cash Flow | ||||||
| Free Cash Flow | 145.76M | 588.54M | 500.71M | 648.07M | 450.55M | 645.84M |
| Operating Cash Flow | 145.76M | 590.98M | 709.34M | 659.93M | 458.29M | 653.11M |
| Investing Cash Flow | 4.96M | 91.31M | -2.15M | -150.81M | -1.14B | -108.15M |
| Financing Cash Flow | -131.19M | -265.58M | -251.96M | -326.42M | -210.62M | -184.47M |
Quest Co., Ltd. Technical Analysis
Neutral
1609.00
Price Trends
1724.34
Negative
1652.63
Negative
1572.10
Positive
Market Momentum
-44.73
Positive
46.47
Neutral
46.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2332, the sentiment is Neutral. The current price of 1609 is below the 20-day moving average (MA) of 1626.40, below the 50-day MA of 1724.34, and above the 200-day MA of 1572.10, indicating a neutral trend. The MACD of -44.73 indicates Positive momentum. The RSI at 46.47 is Neutral, neither overbought nor oversold. The STOCH value of 46.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2332.
Quest Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥8.35B | 9.80 | ― | 3.16% | 14.02% | 2.74% | |
80 Outperform | ¥6.98B | 10.46 | ― | 3.37% | 5.25% | 23.64% | |
73 Outperform | ¥19.75B | 7.63 | ― | 2.36% | -2.68% | -12.83% | |
68 Neutral | ¥9.53B | 11.18 | ― | 0.95% | 9.36% | -1.69% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
45 Neutral | ¥10.78B | -3.21 | ― | 5.03% | 3.97% | 63.06% | |
42 Neutral | ¥6.66B | -28.24 | ― | ― | -29.41% | 79.74% |
* Technology Sector Average
JP:2332
Quest Co., Ltd.
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Quest Co., Ltd. Corporate Events
Quest Co. grows revenue but margins tighten as it reaffirms full-year outlook
Feb 13, 2026
Quest Co., Ltd. reported consolidated net sales of ¥13.24 billion for the nine months ended Dec. 31, 2025, up 20.3% year on year, while operating profit slipped 2.8% to ¥759 million and profit attributable to owners of parent edged down ...
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.