i-plug, Inc. (4177) AI Stock Analysis

• Market Cap: ¥4.70B
• Dividend Yield: N/A
• Average Volume (3M): 13.61K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 0.47
• Revenue Growth: 10.47%
• EPS Growth: N/A
• Country: JP
• Employees: 334
• Sector: Industrials
• Sector Strength: 87
• Industry: Staffing & Employment Services
• EPS (TTM): 47.05
• Shares Outstanding: 3,963,784
• 10 Day Avg. Volume: 17,980
• 30 Day Avg. Volume: 13,610
• PEG Ratio: 0.03
• Price to Book (P/B): 4.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.57
• 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: 70 Outperform
• Price Target: ¥1,310.00 ▲(10.55%Upside)

The overall stock score of 70 reflects strong financial performance driven by significant revenue growth and improved profitability, balanced by bearish technical indicators pointing to potential short-term price weakness. Valuation suggests the stock is undervalued, offering potential upside despite the lack of dividend yield.

i-plug, Inc. Business Overview & Revenue Model

Company Description

i-plug, Inc. (4177) is a company that specializes in developing and providing data loggers and related software solutions. The company primarily operates within the sectors of information technology and electronics, offering products that facilitate temperature and humidity monitoring for various industries. These data loggers are used extensively in logistics, pharmaceuticals, and food industries to ensure product quality and compliance with regulatory standards.

How the Company Makes Money

i-plug, Inc. generates revenue by selling its data logger devices and associated software solutions to businesses that require precise monitoring of environmental conditions. The company's core revenue streams include direct sales of hardware devices, subscription fees for software services, and potentially maintenance or support contracts. Significant factors contributing to its earnings include its ability to form partnerships with logistics companies and manufacturers in regulated industries, where compliance with environmental standards is critical.

i-plug, Inc. Financial Statement Overview

Summary

i-plug, Inc. demonstrates strong financial performance with significant improvements in profitability and cash flow. The company shows excellent revenue growth, robust margins, and a solid balance sheet with low leverage. However, historical volatility and prior losses present some risks.

Income Statement

The company has shown strong revenue growth with a significant increase from 2024 to 2025. Gross Profit Margin is robust at around 90.8% for 2025, and Net Profit Margin improved significantly, moving from negative to 11.8% in 2025. EBIT and EBITDA margins have also improved, indicating better operational efficiency. However, past years showed volatility with losses, indicating some risk.

Balance Sheet

The balance sheet displays a solid equity position with an Equity Ratio of 36.5% in 2025, reflecting financial stability. The Debt-to-Equity ratio is low at 0.30, suggesting low financial leverage. Return on Equity has improved significantly to 42.8% in 2025, highlighting effective use of equity. However, past fluctuations in equity levels suggest potential risks.

Cash Flow

The company exhibits strong cash flow management with significant Free Cash Flow growth from 2024 to 2025. The Operating Cash Flow to Net Income ratio of 1.37 indicates good cash conversion, and the Free Cash Flow to Net Income ratio is high at 1.35, reflecting strong cash generation. Despite positive trends, fluctuations in previous years should be monitored.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
5.02B	5.08B	4.60B	3.74B	3.04B	2.15B
	Gross Profit
4.57B	4.62B	4.07B	3.26B	2.69B	1.81B
	EBIT
818.01M	578.50M	139.48M	-411.82M	367.34M	313.84M
	EBITDA
722.79M	745.10M	-10.26M	-331.58M	414.47M	328.94M
	Net Income Common Stockholders
441.95M	597.92M	-193.93M	-492.42M	253.79M	232.49M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.23B	2.51B	2.16B	2.38B	2.78B	2.44B
	Total Assets
4.60B	3.82B	3.20B	3.49B	3.32B	2.86B
	Total Debt
528.00M	420.82M	542.45M	957.72M	624.04M	770.19M
	Net Debt
-2.70B	-2.09B	-1.62B	-1.42B	-2.16B	-1.67B
	Total Liabilities
3.39B	2.43B	2.42B	2.53B	1.89B	1.71B
	Stockholders Equity
1.21B	1.40B	782.14M	960.59M	1.43B	1.16B
Cash Flow		Free Cash Flow
0.00	804.39M	200.25M	-511.28M	494.91M	385.20M
	Operating Cash Flow
0.00	819.38M	490.31M	-291.50M	553.70M	407.94M
	Investing Cash Flow
0.00	-352.44M	-290.06M	-452.22M	-54.21M	2.72M
	Financing Cash Flow
0.00	-122.19M	-415.47M	340.20M	-130.81M	840.86M

i-plug, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1185.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4177, the sentiment is Negative. The current price of 1185 is below the 20-day moving average (MA) of 1201.35, below the 50-day MA of 1217.74, and above the 200-day MA of 1129.38, indicating a neutral trend. The MACD of -12.98 indicates Positive momentum. The RSI at 43.01 is Neutral, neither overbought nor oversold. The STOCH value of 0.65 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4177.

i-plug, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2136	86 Outperform	¥4.71B	11.21		4.56%	5.46%	8.14%
7080	78 Outperform	¥5.22B	7.64		2.28%	11.90%	1.48%
6538	76 Outperform	¥4.02B	18.72		2.59%	13.99%	―
7089	76 Outperform	¥5.06B	13.47		―	8.13%	-7.47%
6551	72 Outperform	¥5.70B	16.35		1.51%	13.79%	16.63%
4177	70 Outperform	¥4.70B	7.76		―	10.47%	―
Sector *	66 Neutral	$4.51B	12.22	5.40%	3.63%	4.14%	-12.01%