Havix Corporation (3895) AI Stock Analysis

• Market Cap: ¥3.52B
• Dividend Yield: 4.04%
• Average Volume (3M): 4.19K
• Price to Earnings (P/E): 6.7
• Beta (1Y): 0.44
• Revenue Growth: -0.52%
• EPS Growth: -30.18%
• Country: JP
• Employees: 204
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 4.98
• Shares Outstanding: 8,175,280
• 10 Day Avg. Volume: 4,710
• 30 Day Avg. Volume: 4,190
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥493.00
• Price Target Upside: 15.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ¥493.00 ▲(15.46% Upside)

Havix Corporation's stock is supported by strong financial performance and attractive valuation. Technical indicators suggest stability with potential bullish momentum. However, cash flow management remains a concern, and the absence of earnings call insights limits further analysis.

Havix Corporation Business Overview & Revenue Model

Company Description

Havix Corporation (3895) is a technology-driven company specializing in innovative solutions for the telecommunications and information technology sectors. The company develops and manufactures advanced hardware and software products designed to enhance connectivity and data management. Its core offerings include high-performance networking equipment, cloud-based services, and cybersecurity solutions, catering to both enterprise clients and individual consumers.

How the Company Makes Money

Havix Corporation generates revenue through multiple streams, primarily by selling its hardware products, such as routers and switches, which are crucial for modern telecommunications infrastructure. Additionally, the company offers subscription-based cloud services that provide customers with scalable data storage and management solutions. Cybersecurity services also contribute significantly to its revenue, as businesses increasingly seek to protect their digital assets from threats. Key partnerships with telecom providers and technology firms enhance Havix's market reach and create integrated solutions, further driving sales and customer retention.

Havix Corporation Financial Statement Overview

Summary

Havix Corporation shows solid revenue growth and improved gross profit margins, indicating effective cost control and sales expansion. However, challenges in cash flow management with negative free cash flow suggest areas for improvement.

Income Statement

Havix Corporation has shown solid revenue growth of 10.8% from 2023 to 2025, driven by strong sales performance. The gross profit margin has improved to 19.5% in 2025 from 13.3% in 2023, indicating better cost management. However, the net profit margin slightly decreased to 5.0% from 5.1% in 2024, suggesting some pressure on bottom-line profitability. The company maintained a healthy EBITDA margin of 7.6% in 2025, but EBIT margin declined to 5.2%, indicating increased operational costs. Overall, the income statement reflects a positive growth trajectory with certain profitability challenges.

Balance Sheet

The balance sheet of Havix Corporation shows strong financial health with an equity ratio of 59.0% in 2025, signifying a solid capital structure. The debt-to-equity ratio improved to 0.18 in 2025 from 0.27 in 2024, highlighting effective debt management. ROE stood at a decent 9.3% in 2025, reflecting efficient utilization of shareholders' equity. The company's ability to reduce debt levels while maintaining a robust equity base underscores financial stability and resilience.

Cash Flow

Havix Corporation experienced a substantial decline in free cash flow, turning negative in 2025, which raises concerns about cash generation capabilities. The operating cash flow to net income ratio dropped significantly to 0.08 in 2025, indicating potential cash flow challenges. However, the company has been proactive in managing capital expenditures, reducing them significantly to improve cash retention. Despite these efforts, the negative free cash flow trend suggests a need for enhanced cash management strategies.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	13.34B	13.40B	13.20B	12.08B	10.90B	10.65B
Gross Profit	2.65B	2.61B	2.48B	1.45B	1.51B	2.39B
EBITDA	926.56M	1.02B	1.05B	211.63M	-2.18B	1.45B
Net Income	676.71M	672.45M	674.84M	52.08M	-2.45B	561.69M
Balance Sheet
Total Assets	13.13B	12.31B	13.10B	12.60B	11.80B	14.48B
Cash, Cash Equivalents and Short-Term Investments	2.88B	2.24B	3.34B	2.69B	2.46B	3.15B
Total Debt	1.43B	1.30B	1.84B	2.46B	2.44B	2.95B
Total Liabilities	6.03B	5.04B	6.36B	6.49B	5.66B	5.63B
Stockholders Equity	7.10B	7.26B	6.73B	6.11B	6.14B	8.85B
Cash Flow
Free Cash Flow	0.00	-429.66M	1.38B	301.43M	-66.34M	772.78M
Operating Cash Flow	0.00	52.40M	1.65B	446.90M	67.37M	1.27B
Investing Cash Flow	0.00	-487.76M	-12.96M	-140.27M	111.14M	-1.28B
Financing Cash Flow	0.00	-675.51M	-716.38M	-77.05M	-734.66M	-781.09M

Havix Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 427.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3895, the sentiment is Negative. The current price of 427 is below the 20-day moving average (MA) of 445.85, below the 50-day MA of 444.54, and below the 200-day MA of 461.79, indicating a bearish trend. The MACD of -0.49 indicates Positive momentum. The RSI at 43.69 is Neutral, neither overbought nor oversold. The STOCH value of 10.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3895.

Havix Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3892	83 Outperform	¥7.39B	8.59		2.09%	0.09%	-31.13%
3945	81 Outperform	¥3.85B	3.81		0.59%	1.64%	17.47%
3895	71 Outperform	¥3.52B	6.67		4.04%	-0.52%	-30.18%
3955	71 Outperform	¥9.68B	9.91		3.12%	3.97%	4.71%
9929	53 Neutral	¥4.16B	41.64		2.79%	-0.62%	-28.02%
7901	52 Neutral	¥1.47B	―		―	-2.05%	-653.40%
Sector *	44 Neutral	AU$1.54B	-7.17	-27.95%	4.41%	-2.95%	-36.73%