Havix Corporation (JP:3895)
:3895
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Havix Corporation
(3895)
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Rating:64Neutral
Price Target:
¥462.00
▲(11.59% Upside)
Action:ReiteratedDate:03/24/26
The score is driven by very strong valuation (low P/E and high dividend yield) and a generally improving balance sheet with restored profitability. Offsetting these positives, the latest-year cash flow deterioration (near-zero operating cash flow and negative free cash flow) is a material risk, while technical signals are mixed and largely neutral.
Positive Factors
Improving leverage
Leverage has fallen materially (debt-to-equity ~0.18 in FY2025) and equity has grown, giving the company greater balance-sheet flexibility. Lower leverage reduces refinancing risk, supports investment or dividend capacity, and strengthens resilience through industry cycles over months.
Negative Factors
Poor cash conversion
Operating cash flow nearly vanished and free cash flow turned deeply negative in FY2025, meaning reported profits did not convert to cash. This undermines the firm's ability to fund capex, pay dividends, or reduce leverage without external funding and raises sustainability concerns over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving leverage
Leverage has fallen materially (debt-to-equity ~0.18 in FY2025) and equity has grown, giving the company greater balance-sheet flexibility. Lower leverage reduces refinancing risk, supports investment or dividend capacity, and strengthens resilience through industry cycles over months.
Read all positive factors
Havix Corporation (3895) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥3.44B
Dividend Yield4.43%
Average Volume (3M)12.40K
Price to Earnings (P/E)5.5
Beta (1Y)0.47
Revenue Growth-3.73%
EPS Growth-7.14%
CountryJP
Employees204
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)18.68
Shares Outstanding8,175,280
10 Day Avg. Volume10,280
30 Day Avg. Volume12,403
Financial Highlights & Ratios
PEG Ratio-6.98
Price to Book (P/B)0.50
Price to Sales (P/S)0.27
P/FCF Ratio-8.42
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
Havix Corporation Business Overview & Revenue Model
Company Description
Havix Corporation engages in the non-woven fabric and paper related businesses in Japan. It offers pulp nonwoven fabrics; processed pulp nonwoven fabrics used in home and kitchen; synthetic fiber nonwoven fabrics; and sanitary paper, such as dispo...
Havix Corporation Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
78
Positive
Cash Flow
38
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 13.40B | 13.20B | 12.08B | 10.90B | 10.65B |
| Gross Profit | 2.61B | 2.48B | 1.45B | 1.51B | 2.39B |
| EBITDA | 902.42M | 905.38M | 125.35M | 527.80M | 1.37B |
| Net Income | 672.45M | 674.84M | 52.08M | -2.45B | 561.69M |
Balance Sheet | |||||
| Total Assets | 12.31B | 13.15B | 12.65B | 11.84B | 14.55B |
| Cash, Cash Equivalents and Short-Term Investments | 2.24B | 3.34B | 2.69B | 2.46B | 3.15B |
| Total Debt | 1.31B | 1.86B | 2.48B | 2.46B | 2.97B |
| Total Liabilities | 5.04B | 6.42B | 6.53B | 5.70B | 5.70B |
| Stockholders Equity | 7.26B | 6.73B | 6.11B | 6.14B | 8.85B |
Cash Flow | |||||
| Free Cash Flow | -429.66M | 1.52B | 376.83M | -62.69M | 773.83M |
| Operating Cash Flow | 52.40M | 1.65B | 446.90M | 67.37M | 1.27B |
| Investing Cash Flow | -487.76M | -12.96M | -140.27M | 111.14M | -1.28B |
| Financing Cash Flow | -675.51M | -716.38M | -77.05M | -734.66M | -781.09M |
Havix Corporation Technical Analysis
Positive
414.00
Price Trends
437.52
Positive
422.70
Positive
428.53
Positive
Market Momentum
-0.15
Positive
49.02
Neutral
29.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3895, the sentiment is Positive. The current price of 414 is below the 20-day moving average (MA) of 440.35, below the 50-day MA of 437.52, and below the 200-day MA of 428.53, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 49.02 is Neutral, neither overbought nor oversold. The STOCH value of 29.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3895.
Havix Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥3.56B | 3.80 | ― | 3.33% | 1.53% | 20.73% | |
67 Neutral | ¥8.52B | 8.81 | ― | 3.00% | -2.03% | -23.36% | |
64 Neutral | ¥3.44B | 5.54 | ― | 4.43% | -3.73% | -7.14% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | ¥8.97B | 10.13 | ― | 3.00% | 4.22% | 13.08% | |
56 Neutral | ¥4.62B | 26.76 | ― | 2.62% | -1.03% | -43.05% | |
49 Neutral | ¥1.26B | 7.17 | ― | ― | -1.28% | -80.80% |
* Basic Materials Sector Average
JP:3895
Havix Corporation
435.00
-42.00
-8.81%
JP:3892
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2,330.00
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0.43%
JP:3955
IMURA & Co.,Ltd.
895.00
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Matsumoto Inc.
1,107.00
256.00
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JP:9929
Heiwa Paper Co., Ltd.
479.00
39.01
8.87%
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.