Cominix Co.,Ltd. (3173) AI Stock Analysis

• Market Cap: ¥6.80B
• Dividend Yield: 3.91%
• Average Volume (3M): 2.77K
• Price to Earnings (P/E): 5.3
• Beta (1Y): 0.38
• Revenue Growth: 21.23%
• EPS Growth: -112.48%
• Country: JP
• Employees: 472
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): 42.44
• Shares Outstanding: 6,868,840
• 10 Day Avg. Volume: 2,410
• 30 Day Avg. Volume: 2,773
• PEG Ratio: -1.77
• Price to Book (P/B): 0.78
• Price to Sales (P/S): 0.20
• P/FCF Ratio: -34.34
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ¥1,037.00 ▲(17.71% Upside)
• Action: Reiterated Date: 06/27/25
• Date: Action: Reiterated 06/27/25

Cominix Co.,Ltd. receives a moderate overall score primarily driven by its mixed financial performance and technical analysis. The company's high leverage and weak cash flow generation pose risks, while technical indicators suggest potential short-term volatility. The high P/E ratio indicates overvaluation, partially offset by a stable dividend yield. Investors should be cautious of financial leverage and market momentum before making investment decisions.

Positive Factors

Niche industrial tools trading

Cominix's focused business model supplying cutting tools, consumables and technical support to manufacturers creates durable customer relationships and recurring demand. This specialization supports pricing expertise, aftermarket services and cross-sell opportunities that stabilize revenues over multiple cycles.

Strong revenue growth

A robust 36% reported revenue increase indicates expanding end-market penetration or higher product uptake. Sustained top-line growth, if maintained, improves scale economics, supports reinvestment in distribution and technical services, and underpins longer-term market share gains in manufacturing tooling.

Reasonable equity buffer

A solid equity base provides financial resilience versus peers, enabling the company to absorb shocks, secure supplier credit and access financing. This capital buffer supports ongoing operations and strategic investments even as the firm manages higher leverage.

Negative Factors

Rising leverage

Higher debt levels increase fixed interest obligations and reduce financial flexibility. Over the medium term this constrains the firm's ability to fund capex or absorb demand shocks, heightens refinancing risk if rates rise, and can force deleveraging that limits growth initiatives.

Weak cash flow conversion

Recent negative free cash flow and operating cash shortfalls undermine the company's ability to self-fund operations, dividends and capex. Persistent weak cash conversion increases reliance on external financing, raising liquidity risk and potentially increasing cost of capital.

Declining profit margins

Falling EBIT and net margins despite revenue growth suggest margin compression from cost inflation, pricing pressure or product mix shifts. Margin erosion reduces retained earnings for reinvestment, weakens long-term profitability and raises questions about sustainable competitive advantage.

Cominix Co.,Ltd. Business Overview & Revenue Model

Company Description

Cominix Co., Ltd. (3173) is a leading company based in Japan that specializes in the manufacturing and distribution of advanced electronic components and systems. The company operates within the electronics sector, focusing on various products including semiconductors, electronic circuits, and specialized components for industrial and consumer applications. Cominix is committed to innovation and quality, serving a diverse clientele across multiple industries, including automotive, telecommunications, and consumer electronics.

How the Company Makes Money

null

Cominix Co.,Ltd. Financial Statement Overview

Summary

Cominix Co.,Ltd. shows a mixed financial performance. While revenue growth is positive, declining profit margins and increased leverage pose challenges. The balance sheet remains relatively strong with sufficient equity, but rising debt levels could impact future operations. Cash flow generation is currently weak, necessitating improved cash management. Overall, the company maintains a stable but cautious outlook, with potential risks due to financial leverage and cash flow constraints.

Income Statement

Cominix Co.,Ltd. has demonstrated moderate revenue growth over recent years, with a notable increase from 2024 to 2025. However, profit margins have seen a decline, with the latest figures showing a significant drop in net income and EBIT margins. Despite these challenges, the company has maintained a positive gross profit margin, indicating efficiency in production and sales.

Balance Sheet

The company's balance sheet shows a stable equity position, but there is a noticeable increase in debt levels which may present a risk if not managed carefully. The debt-to-equity ratio has increased over the years, indicating a higher leverage, which could affect future financial flexibility. Nevertheless, the equity ratio remains reasonable, suggesting a balanced asset financing structure.

Cash Flow

Cash flow statements reveal a concerning trend with negative free cash flow in the latest period, largely due to increased capital expenditures and negative operating cash flows. The operating cash flow to net income ratio is unfavorable, suggesting difficulties in converting accounting profits into actual cash flow. Despite these issues, previous years have shown the company's capability to generate positive free cash flow, reflecting potential for recovery.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	32.41B	30.13B	28.64B	28.85B	26.93B	20.99B
Gross Profit	7.15B	6.49B	6.14B	6.07B	5.34B	4.13B
EBITDA	1.03B	872.00M	999.00M	1.21B	909.96M	231.72M
Net Income	41.00M	37.00M	539.00M	742.00M	888.86M	295.12M
Balance Sheet
Total Assets	24.77B	25.83B	18.46B	18.55B	18.66B	18.14B
Cash, Cash Equivalents and Short-Term Investments	4.52B	4.82B	3.38B	2.72B	2.85B	2.99B
Total Debt	10.16B	10.52B	4.69B	5.21B	5.03B	6.04B
Total Liabilities	17.15B	17.98B	10.61B	11.25B	11.98B	12.36B
Stockholders Equity	7.59B	7.82B	7.82B	7.28B	6.65B	5.74B
Cash Flow
Free Cash Flow	0.00	-178.00M	1.38B	-115.00M	-257.45M	312.69M
Operating Cash Flow	0.00	-96.00M	1.57B	68.00M	-152.00M	330.65M
Investing Cash Flow	0.00	-2.21B	-3.00M	-235.00M	1.23B	-268.25M
Financing Cash Flow	0.00	3.64B	-849.00M	-103.00M	-1.32B	631.95M

Cominix Co.,Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 881.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3173, the sentiment is Positive. The current price of 881 is below the 20-day moving average (MA) of 991.10, below the 50-day MA of 946.48, and below the 200-day MA of 886.56, indicating a neutral trend. The MACD of 11.36 indicates Positive momentum. The RSI at 55.76 is Neutral, neither overbought nor oversold. The STOCH value of 37.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3173.

Cominix Co.,Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6157	77 Outperform	¥21.89B	14.20	―	3.31%	0.97%	-10.47%
5966	67 Neutral	¥6.12B	8.03	―	3.24%	1.16%	-31.17%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
7726	63 Neutral	¥5.74B	-14.04	―	2.05%	-6.69%	-80.28%
3173	60 Neutral	¥6.80B	5.29	―	3.91%	21.23%	-112.48%
6156	55 Neutral	¥7.83B	67.72	―	5.64%	-0.91%	-319.62%
5990	54 Neutral	¥4.60B	32.98	―	3.60%	-4.75%	-178.90%