FUJIFILM Holdings (4901) AI Stock Analysis

• Market Cap: $3.88T
• Dividend Yield: 1.89%
• Average Volume (3M): 2.84M
• Price to Earnings (P/E): 14.9
• Beta (1Y): 0.95
• Revenue Growth: 7.93%
• EPS Growth: 7.10%
• Country: JP
• Employees: 72,254
• Sector: Industrials
• Sector Strength: 93
• Industry: Business Equipment & Supplies
• EPS (TTM): N/A
• Shares Outstanding: 1,243,877,200
• 10 Day Avg. Volume: 2,783,940
• 30 Day Avg. Volume: 2,839,700
• PEG Ratio: 3.86
• Price to Book (P/B): 1.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -52.02
• 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: $3,938.10
• Price Target Upside: 24.11% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 72 Outperform
• Price Target: ¥3,414.00 ▲(7.60%Upside)

FUJIFILM Holdings' strong financial performance and reasonable valuation are the key drivers of its stock score. While the company's financial position is robust with consistent revenue growth and solid profitability, cash flow challenges need addressing. Technical indicators suggest caution, with mixed signals on market momentum.

FUJIFILM Holdings Business Overview & Revenue Model

Company Description

FUJIFILM Holdings Corporation develops, manufactures, sells, and services imaging, healthcare, materials, and business innovation solutions worldwide. The company's Healthcare segment provides products and services, such as medical devices, biomedical contract development and manufacturing organization, pharmaceutical, regenerative medicine, and cosmetics and supplements in the three areas of prevention, diagnosis, and treatment. Its Materials segment offers inkjet digital presses and printing plates for printing industries, as well as industrial inkjet-related products and inkjet heads; storage media and archiving services to save and manage digital data volumes; and materials for industrials, including display and touch panel, semiconductor and image sensor, and functional film materials. The company's Business Innovation segment provides devices and services used in offices, including digital multifunction devices, printers, software, and cloud services; workflow solutions for printing companies and others in the graphical communications sector; and document services tailored to diverse business formats and roles, including system integration, business process outsourcing, and others. Its Imaging segment offers color films, instant cameras, developing and printing systems, color papers, and photo printing services; and TV and cinema lenses, surveillance cameras, industrial lenses for production line inspection, and projectors. FUJIFILM Holdings Corporation was incorporated in 1934 and is headquartered in Tokyo, Japan.

How the Company Makes Money

FUJIFILM Holdings makes money through a diversified revenue model encompassing several key areas. In the healthcare sector, the company generates revenue from medical imaging equipment, pharmaceuticals, regenerative medicine, and life sciences. The document solutions segment contributes through the sale of multifunction devices, printers, and managed print services. In the imaging solutions sector, revenue is derived from digital cameras, photographic paper, and photo printing services. The company also earns from its graphic systems division, providing printing equipment and materials, and from its optical devices business, which includes lenses and film for broadcast and cinema. Significant partnerships, technological innovations, and a strong global distribution network further bolster FUJIFILM's revenue streams.

FUJIFILM Holdings Financial Statement Overview

Summary

FUJIFILM Holdings exhibits strong revenue growth and solid profitability margins, with a healthy gross profit margin of 40.7% and a net profit margin of 8.2%. The balance sheet is robust with low leverage and a debt-to-equity ratio of 0.24. However, cash flow challenges, particularly negative free cash flow, indicate a need for strategic adjustments.

Income Statement

FUJIFILM Holdings has demonstrated strong revenue growth over the years, with a notable increase of approximately 8% from 2024 to 2025. The company maintains a healthy gross profit margin of around 40.7% in 2025, indicating efficient production and cost management. The net profit margin also shows robustness at 8.2%. Despite these strengths, there is room for improvement in EBIT and EBITDA margins, which stand at 10.3% and 16% respectively, suggesting potential areas for operational efficiency enhancements.

Balance Sheet

The balance sheet of FUJIFILM Holdings reflects a solid equity base, with a debt-to-equity ratio of 0.24, highlighting a conservative leverage approach. The equity ratio at 63.8% further underscores financial stability. With a return on equity of 7.8%, the company exhibits a moderate ability to generate profit from shareholders' investments. However, an increasing trend in total liabilities suggests that careful management is needed to maintain this stability.

Cash Flow

Cash flow analysis indicates a challenging environment, with negative free cash flow in recent years. Despite a strong operating cash flow to net income ratio of 1.64, signaling effective cash generation from operations, the free cash flow to net income ratio is negative, pointing to high capital expenditures that could restrain liquidity if not managed. The company needs to address these capital outflows to enhance free cash flow generation.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.20T	2.96T	2.86T	2.53T	2.19T
Gross Profit	1.30T	1.19T	1.14T	1.03T	869.69B
EBITDA	512.91B	426.74B	415.29B	362.70B	288.90B
Net Income	260.95B	243.51B	219.42B	211.18B	181.21B
Balance Sheet
Total Assets	5.25T	4.78T	4.13T	3.96T	3.55T
Cash, Cash Equivalents and Short-Term Investments	172.11B	179.72B	268.61B	486.33B	394.80B
Total Debt	802.28B	607.63B	536.90B	588.82B	609.58B
Total Liabilities	1.90T	1.61T	1.35T	1.43T	1.33T
Stockholders Equity	3.35T	3.17T	2.76T	2.50T	2.20T
Cash Flow
Free Cash Flow	-74.63B	-56.77B	-113.02B	158.03B	295.25B
Operating Cash Flow	428.16B	407.94B	210.45B	323.93B	420.86B
Investing Cash Flow	-541.95B	-527.42B	-323.23B	-153.54B	-279.38B
Financing Cash Flow	108.88B	-462.00M	-123.69B	-105.18B	-163.09B

FUJIFILM Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3173.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4901, the sentiment is Positive. The current price of 3173 is above the 20-day moving average (MA) of 3056.88, above the 50-day MA of 3125.49, and below the 200-day MA of 3198.42, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 59.47 is Neutral, neither overbought nor oversold. The STOCH value of 86.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4901.

FUJIFILM Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4901	72 Outperform	$3.88T	14.89	7.89%	1.89%	7.93%	7.10%
Sector *	61 Neutral	C$6.54B	7.73	2.76%	2.57%	6.48%	-23.55%
RICO	―	¥772.24B	17.37	4.42%	2.86%	―	―
BRTHF	―	$4.45B	12.95	7.94%	0.10%	―	―
KNCAF	―	$1.60B	―	-18.21%	0.96%	―	―
KOK	―	€2.40B	19.32	7.55%	2.33%	―	―
CNJ	―	€3.48B	14.92	9.53%	2.62%	―	―