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

• Market Cap: ¥4.58B
• Dividend Yield: N/A
• Average Volume (3M): 4.99K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.38
• Revenue Growth: 11.90%
• EPS Growth: N/A
• Country: JP
• Employees: 334
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): -45.65
• Shares Outstanding: 3,984,102
• 10 Day Avg. Volume: 5,790
• 30 Day Avg. Volume: 4,986
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥1,430.00
• Price Target Upside: 24.35% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ¥1,430.00 ▲(24.35% Upside)

The overall stock score of 70 reflects strong financial performance and attractive valuation, offset by bearish technical indicators. The company's robust revenue growth and profitability improvements are significant strengths, but historical volatility and current negative market momentum present risks.

i-plug, Inc. Business Overview & Revenue Model

Company Description

i-plug, Inc. (4177) is a technology company specialized in developing innovative solutions in the energy management sector. The company's core offerings include advanced systems and devices for monitoring and optimizing energy consumption in various settings, including residential, commercial, and industrial environments. By leveraging cutting-edge technologies, i-plug, Inc. aims to enhance energy efficiency and contribute to sustainable energy practices.

How the Company Makes Money

i-plug, Inc. generates revenue primarily through the sale of its energy management systems and devices. These products are marketed to a wide range of clients, including homeowners, businesses, and industrial facilities seeking to reduce energy costs and improve efficiency. The company may also offer software solutions and subscription-based services that provide ongoing support and updates for their systems, creating a recurring revenue stream. In addition, i-plug, Inc. could benefit from partnerships with energy providers or government initiatives aimed at promoting energy efficiency, further contributing to its revenue.

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, though 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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.08B	5.08B	4.60B	3.74B	3.04B	2.15B
Gross Profit	4.62B	4.62B	4.07B	3.26B	2.69B	1.81B
EBITDA	709.49M	745.10M	-10.26M	-331.58M	414.47M	328.94M
Net Income	597.34M	597.92M	-193.93M	-492.42M	253.79M	232.49M
Balance Sheet
Total Assets	3.82B	3.82B	3.20B	3.49B	3.32B	2.86B
Cash, Cash Equivalents and Short-Term Investments	2.51B	2.51B	2.16B	2.38B	2.78B	2.44B
Total Debt	420.82M	420.82M	542.45M	957.72M	624.04M	770.19M
Total Liabilities	2.43B	2.43B	2.42B	2.53B	1.89B	1.71B
Stockholders Equity	1.40B	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: 1150.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

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 1150 is below the 20-day moving average (MA) of 1248.10, below the 50-day MA of 1317.36, and below the 200-day MA of 1198.79, indicating a bearish trend. The MACD of -41.70 indicates Positive momentum. The RSI at 25.43 is Positive, neither overbought nor oversold. The STOCH value of 24.31 is Neutral, 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
7080	81 Outperform	¥7.02B	9.68	33.75%	1.70%	15.97%	26.52%
2136	78 Outperform	¥5.60B	13.15	10.39%	3.84%	6.09%	6.63%
7089	76 Outperform	¥6.72B	15.79	―	―	11.03%	24.40%
6551	71 Outperform	¥6.94B	19.81	20.22%	1.24%	14.80%	0.23%
4177	70 Outperform	¥4.58B	7.04	―	―	11.90%	―
6538	66 Neutral	¥6.60B	23.10	9.60%	1.58%	12.93%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%