Cybertrust Japan Co.Ltd. (4498) AI Stock Analysis

• Market Cap: ¥21.93B
• Dividend Yield: 0.9%
• Average Volume (3M): 71.61K
• Price to Earnings (P/E): 23.1
• Beta (1Y): 0.88
• Revenue Growth: 17.75%
• EPS Growth: 44.95%
• Country: JP
• Employees: 275
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 15.54
• Shares Outstanding: 16,474,000
• 10 Day Avg. Volume: 103,250
• 30 Day Avg. Volume: 71,613
• PEG Ratio: 0.23
• Price to Book (P/B): 2.86
• Price to Sales (P/S): 2.52
• P/FCF Ratio: 10.83
• 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: 66 Neutral
• Price Target: ¥1,461.00 ▲(7.66% Upside)

The overall stock score of 65.9 reflects strong financial performance, which is the most significant factor, contributing to a stable foundation for the company. However, the technical analysis indicates bearish momentum, which poses a risk to short-term price movements. The valuation suggests the stock is fairly valued, with a moderate P/E ratio and low dividend yield. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Strong balance sheet

Cybertrust Japan's minimal leverage and high equity ratio create durable financial flexibility. A debt-to-equity of 0.01 and ROE of 14.63% reduce refinancing and solvency risks, enabling sustained investment in security services and resilience through industry cycles.

Robust cash generation

A 166% jump in free cash flow and an operating cash flow to net income ratio of 2.07 indicate strong cash conversion. This durable cash generation supports reinvestment, service continuity, and potential shareholder returns without reliance on external financing.

Improving revenue and margins

Sustained revenue growth with expanding gross and net margins reflects structural operational efficiency and pricing power in trust services. Higher margins enhance free cash flow potential and provide capacity to fund product development and competitive positioning long-term.

Negative Factors

Limited scale and headcount

Relatively modest revenue and a small workforce may limit ability to scale large enterprise deployments and global expansion. Over the medium term this can constrain sales reach, product development bandwidth, and capacity for large managed-security engagements versus larger rivals.

Sparse investor disclosures

Absence of earnings call details and notable corporate events reduces investor transparency and ongoing guidance. Over months this can raise governance and information-risk concerns, making it harder for stakeholders to assess strategy execution and long-term management accountability.

Concentration in certificate/PKI services

Heavy reliance on certificate issuance, PKI and related managed services creates product concentration risk. Structural shifts like protocol changes, commoditization, or alternative trust frameworks could materially affect core revenues unless the firm diversifies offerings or deepens differentiated service capabilities.

Cybertrust Japan Co.Ltd. Business Overview & Revenue Model

Company Description

Cybertrust Japan Co., Ltd. engages in the certification authority and security, IoT, and Linux/OSS businesses in Japan. It offers commercial digital authentication services covering SSL/TLS server certificate, client certificate, web security service, and vulnerability testing; secure IoT platform that allow users to manage the security status of IoT devices throughout their lifecycle from the semiconductor design to the disposal process stage; and Linux OS/integrated monitoring tool and backup software services. The company was founded in 2000 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Cybertrust Japan generates revenue through multiple streams, primarily from the sale of cybersecurity products and services such as SSL certificates, digital signatures, and identity verification solutions. The company charges clients for its subscription-based services and consulting engagements, which provide ongoing security assessments and tailored security solutions. Additionally, Cybertrust Japan establishes partnerships with technology providers and telecommunications companies, enhancing its market reach and offering bundled services, which further contribute to its revenue. The firm also benefits from a growing demand for cybersecurity services driven by increasing digital transformation and regulatory compliance requirements across various industries.

Cybertrust Japan Co.Ltd. Financial Statement Overview

Summary

Cybertrust Japan Co.Ltd. demonstrates strong financial performance with significant revenue and profit growth, high margins, and efficient cost management. The balance sheet shows minimal leverage and effective capital utilization, contributing to financial stability. Robust cash flow growth and strong cash flow ratios highlight operational efficiency and cash generation capability.

Income Statement

Cybertrust Japan Co.Ltd. exhibits strong revenue growth, with a notable increase in revenue from 6.47 billion JPY in 2024 to 7.44 billion JPY in 2025, representing a growth rate of 15.09%. The gross profit margin improved to 48.15% in 2025. The net profit margin increased to 12.92%, reflecting enhanced profitability. The EBIT and EBITDA margins also show an upward trend, marking operational efficiency. Overall, the company demonstrates robust financial performance with growing profitability and efficient cost management.

Balance Sheet

The company's balance sheet is strong, with a low debt-to-equity ratio of 0.01, indicating minimal leverage and financial risk. The return on equity (ROE) is a healthy 14.63%, showcasing effective utilization of shareholders' equity to generate profits. The equity ratio stands at 68.39%, highlighting a stable capital structure with significant equity financing. These metrics suggest financial stability and a low-risk profile with efficient use of equity.

Cash Flow

Cash flow statements reveal a positive trend, with a substantial increase in free cash flow from 650 million JPY in 2024 to 1.73 billion JPY in 2025, indicating a growth rate of 166.43%. The operating cash flow to net income ratio is 2.07, suggesting strong cash generation capability relative to net income. The free cash flow to net income ratio of 1.80 indicates efficient cash flow management, allowing for reinvestment and shareholder returns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.85B	7.44B	6.47B	6.17B	5.73B	4.90B
Gross Profit	3.81B	3.59B	3.05B	2.89B	2.56B	2.16B
EBITDA	2.10B	2.01B	1.38B	1.64B	1.31B	1.01B
Net Income	982.33M	969.68M	518.82M	725.15M	530.27M	408.88M
Balance Sheet
Total Assets	9.49B	9.61B	8.42B	7.87B	7.22B	5.85B
Cash, Cash Equivalents and Short-Term Investments	5.71B	5.56B	4.89B	4.37B	3.58B	1.96B
Total Debt	0.00	65.16M	73.39M	86.46M	104.19M	138.56M
Total Liabilities	2.97B	3.04B	2.38B	2.24B	2.35B	2.00B
Stockholders Equity	6.52B	6.57B	6.03B	5.63B	4.87B	3.85B
Cash Flow
Free Cash Flow	0.00	1.73B	650.31M	773.45M	1.12B	118.58M
Operating Cash Flow	0.00	1.99B	1.22B	1.21B	1.60B	1.12B
Investing Cash Flow	0.00	-870.84M	-571.46M	-434.42M	-477.89M	-1.07B
Financing Cash Flow	0.00	-429.58M	-126.47M	6.33M	486.31M	-17.49M

Cybertrust Japan Co.Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1357.00
• 50DMA: Positive
• 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:4498, the sentiment is Positive. The current price of 1357 is above the 20-day moving average (MA) of 1330.70, above the 50-day MA of 1270.14, and above the 200-day MA of 1306.32, indicating a bullish trend. The MACD of 24.09 indicates Positive momentum. The RSI at 57.07 is Neutral, neither overbought nor oversold. The STOCH value of 17.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4498.

Cybertrust Japan Co.Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3788	76 Outperform	¥26.96B	26.11	―	1.50%	7.83%	49.73%
3393	74 Outperform	¥29.58B	14.95	―	4.36%	12.32%	10.42%
2349	72 Outperform	¥25.34B	10.75	―	1.21%	7.21%	0.30%
3655	70 Outperform	¥58.91B	71.82	―	0.28%	8.64%	-23.20%
4498	66 Neutral	¥21.93B	23.06	―	0.90%	17.75%	44.95%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
2370	46 Neutral	¥8.21B	-5.83	―	―	5.44%	-2.17%