Applied Co., Ltd. (3020) AI Stock Analysis

• Market Cap: ¥9.45B
• Dividend Yield: 3.43%
• Average Volume (3M): 4.06K
• Price to Earnings (P/E): 5.3
• Beta (1Y): 0.58
• Revenue Growth: 10.44%
• EPS Growth: 46.04%
• Country: JP
• Employees: 425
• Sector: Technology
• Sector Strength: 81
• Industry: Technology Distributors
• EPS (TTM): 239.74
• Shares Outstanding: 2,703,200
• 10 Day Avg. Volume: 3,090
• 30 Day Avg. Volume: 4,056
• PEG Ratio: -0.19
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.58
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: ¥4,002.00 ▲(18.58%Upside)

Applied Co., Ltd. receives a strong overall score of 79, primarily driven by its robust financial performance and attractive valuation. While technical indicators show positive momentum, caution is advised due to overbought signals. The low P/E ratio and solid dividend yield enhance the stock's attractiveness, offsetting any short-term technical risks.

Applied Co., Ltd. Business Overview & Revenue Model

Company Description

Applied Co., Ltd. (3020) is a diversified company operating primarily in the technology and industrial sectors. The company specializes in the development, manufacturing, and sale of semiconductor equipment, display technologies, and electronic components. It offers a wide range of products and services that cater to both consumer and industrial markets, including innovative solutions for semiconductor fabrication, advanced display systems, and electronic materials.

How the Company Makes Money

Applied Co., Ltd. generates revenue through the sale of its semiconductor manufacturing equipment, which includes systems used in the production of integrated circuits and other electronic devices. The company also earns income from its display technology segment, providing equipment and materials for the production of advanced displays used in televisions, smartphones, and other devices. Additionally, Applied Co., Ltd. has a significant revenue stream from its electronic components division, which supplies essential materials and components to various industries. Key partnerships with leading technology firms and manufacturers enhance its market position and contribute to its earnings stability. The company also benefits from service contracts and aftermarket support, providing maintenance and upgrades for its installed equipment base.

Applied Co., Ltd. Financial Statement Overview

Summary

Applied Co., Ltd. demonstrates strong financial performance with excellent revenue growth, strong margins, and efficient cash flow management. The company has low leverage and strong equity, enhancing its financial health and positioning it well for future growth.

Income Statement

The income statement shows strong revenue growth with a 10.4% increase from the previous year. Gross profit margin is stable at 21.3%, indicating efficient cost management. Net profit margin improved to 3.7%, showcasing enhanced profitability. The EBIT and EBITDA margins are healthy at 5.6% and 6.1% respectively, reflecting good operational efficiency.

Balance Sheet

The balance sheet reveals a strong equity position with an equity ratio of 58.7%, suggesting financial stability. The debt-to-equity ratio is low at 0.03, indicating low leverage and reduced risk from debt obligations. Return on equity stands at 14.9%, demonstrating effective use of shareholder funds to generate profits.

Cash Flow

Cash flow analysis shows robust free cash flow growth of 137.3%, which supports future growth and financial flexibility. The operating cash flow to net income ratio is 1.67, indicating excellent cash generation relative to reported earnings. Free cash flow to net income ratio is 1.53, reflecting strong conversion of profits into cash.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
45.61B	47.29B	42.82B	38.61B	43.96B	39.67B
	Gross Profit
9.77B	10.06B	9.49B	8.63B	8.93B	9.59B
	EBIT
2.42B	2.67B	2.13B	1.74B	2.37B	2.37B
	EBITDA
2.39B	2.87B	2.11B	1.93B	2.56B	2.56B
	Net Income Common Stockholders
1.40B	1.77B	1.21B	1.10B	1.49B	1.54B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.23B	5.97B	3.77B	3.25B	2.51B	2.54B
	Total Assets
18.99B	20.18B	18.07B	16.93B	16.09B	16.77B
	Total Debt
438.00M	399.00M	654.00M	1.07B	1.61B	2.20B
	Net Debt
-3.79B	-5.57B	-1.25B	-2.19B	-902.00M	-339.00M
	Total Liabilities
7.69B	8.22B	7.66B	7.52B	7.56B	7.82B
	Stockholders Equity
11.19B	11.84B	10.31B	9.32B	8.45B	8.89B
Cash Flow		Free Cash Flow
0.00	2.70B	1.14B	1.53B	758.00M	1.09B
	Operating Cash Flow
0.00	2.94B	1.43B	1.83B	996.00M	1.35B
	Investing Cash Flow
0.00	-604.00M	-316.00M	-710.00M	-606.00M	-650.00M
	Financing Cash Flow
0.00	-498.00M	-628.00M	-771.00M	-816.00M	-215.00M

Applied Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3375.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3020, the sentiment is Positive. The current price of 3375 is above the 20-day moving average (MA) of 3309.75, above the 50-day MA of 3040.00, and above the 200-day MA of 2747.41, indicating a bullish trend. The MACD of 102.13 indicates Negative momentum. The RSI at 72.18 is Negative, neither overbought nor oversold. The STOCH value of 98.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3020.

Applied Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8023	80 Outperform	¥13.43B	7.58		3.05%	-1.59%	-7.30%
9880	80 Outperform	¥17.56B	14.96		5.22%	1.50%	-18.82%
3020	79 Outperform	¥9.45B	5.35		3.43%	10.44%	46.04%
7537	73 Outperform	¥26.24B	6.15		8.17%	-10.85%	25.59%
4420	71 Outperform	¥9.60B	15.48		1.57%	23.68%	577.69%
8093	68 Neutral	¥17.95B	4.91		4.73%	21.35%	221.64%
Sector *	62 Neutral	$11.89B	9.95	-7.22%	4.98%	7.31%	-8.91%