Tokuden Co., Ltd. (3437) AI Stock Analysis

• Market Cap: ¥4.65B
• Dividend Yield: 3.06%
• Average Volume (3M): 1.58K
• Price to Earnings (P/E): 13.6
• Beta (1Y): 0.45
• Revenue Growth: 11.82%
• EPS Growth: 45.17%
• Country: JP
• Employees: 246
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 62.45
• Shares Outstanding: 1,602,000
• 10 Day Avg. Volume: 3,970
• 30 Day Avg. Volume: 1,576
• PEG Ratio: 0.35
• Price to Book (P/B): 0.50
• Price to Sales (P/S): 0.36
• P/FCF Ratio: -8.52
• 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: 59 Neutral
• Price Target: ¥3,067.00 ▲(12.06% Upside)
• Action: Downgraded Date: 03/24/26
• Date: Action: Downgraded 03/24/26

The score is primarily supported by a conservatively financed balance sheet and reasonable valuation with a solid dividend yield. Offsetting this are weak cash generation (negative operating cash flow and multi-year negative free cash flow) and poor technical momentum with the stock trading below key moving averages.

Positive Factors

Conservative balance sheet

Low leverage and rising equity provide durable financial flexibility, reducing refinancing and solvency risk. A conservatively financed balance sheet lets management fund cyclical capex or working-capital needs without relying on volatile cash flows, supporting long-term resilience.

Negative Factors

Weak cash generation

Persistent negative operating and free cash flow erode liquidity and force reliance on the balance sheet or external financing for capex and operations. Over months this raises funding risk, limits reinvestment capacity, and constrains the company's ability to sustain dividends or strategic initiatives.

Tokuden Co., Ltd. Business Overview & Revenue Model

Company Description

Tokuden Co., Ltd. (3437) is a Japanese company specializing in the manufacture and sale of industrial equipment, particularly focusing on heat treatment and surface treatment technologies. The company operates primarily in the sectors of manufactu...

Read more

Tokuden Co., Ltd. (3437) is a Japanese company specializing in the manufacture and sale of industrial equipment, particularly focusing on heat treatment and surface treatment technologies. The company operates primarily in the sectors of manufactu...

How the Company Makes Money

null...

Tokuden Co., Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	10.88B	10.54B	9.59B	9.70B	8.62B	8.31B
Gross Profit	2.87B	2.81B	2.67B	2.79B	2.42B	2.24B
EBITDA	988.65M	998.59M	754.16M	1.07B	794.03M	703.04M
Net Income	498.81M	467.39M	379.60M	696.51M	486.02M	399.85M
Balance Sheet
Total Assets	11.78B	11.96B	11.62B	10.98B	9.68B	8.51B
Cash, Cash Equivalents and Short-Term Investments	1.62B	1.70B	1.99B	2.47B	3.36B	2.56B
Total Debt	1.26B	1.28B	886.66M	671.58M	141.40M	76.11M
Total Liabilities	4.07B	4.31B	4.36B	4.04B	3.43B	2.72B
Stockholders Equity	7.65B	7.60B	7.20B	6.89B	6.21B	5.76B
Cash Flow
Free Cash Flow	0.00	-444.46M	-576.07M	-1.50B	780.75M	481.44M
Operating Cash Flow	0.00	-107.98M	308.61M	85.07M	862.15M	641.18M
Investing Cash Flow	0.00	-429.80M	-894.94M	-944.43M	118.88M	-459.31M
Financing Cash Flow	0.00	250.01M	101.49M	473.26M	8.58M	-64.10M

Tokuden Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2737.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3437, the sentiment is Positive. The current price of 2737 is below the 20-day moving average (MA) of 2906.61, below the 50-day MA of 3099.69, and below the 200-day MA of 2856.84, indicating a neutral trend. The MACD of -48.48 indicates Negative momentum. The RSI at 47.90 is Neutral, neither overbought nor oversold. The STOCH value of 73.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3437.

Tokuden Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6360	79 Outperform	¥5.42B	8.84	―	6.61%	-30.65%	-46.85%
2795	70 Neutral	¥4.82B	6.95	―	2.78%	-6.93%	-4.27%
6408	67 Neutral	¥7.62B	3.03	―	1.37%	-3.05%	―
7021	66 Neutral	¥4.79B	162.52	―	1.64%	11.40%	-67.55%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
3437	59 Neutral	¥4.65B	13.61	―	3.06%	11.82%	45.17%
6155	58 Neutral	¥5.23B	1,292.28	―	2.10%	-0.59%	89.24%

Tokuden Co., Ltd. Corporate Events