Dexerials Corp. (4980) AI Stock Analysis

• Market Cap: ¥365.30B
• Dividend Yield: 3.03%
• Average Volume (3M): 1.06M
• Price to Earnings (P/E): 12.8
• Beta (1Y): 1.46
• Revenue Growth: 4.94%
• EPS Growth: 31.90%
• Country: JP
• Employees: 1,892
• Sector: Technology
• Sector Strength: 79
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 26.07
• Shares Outstanding: 176,418,500
• 10 Day Avg. Volume: 796,770
• 30 Day Avg. Volume: 1,064,793
• PEG Ratio: 0.09
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.54
• 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: 79 Outperform
• Price Target: ¥2,222.00 ▲(5.31%Upside)

Dexerials Corp. scores well overall, driven by strong financial performance and positive technical indicators. The company's solid revenue growth, profitability, and cash flow contribute significantly to its strength. Technical analysis shows short-term bullish momentum, though longer-term caution is advised. Valuation metrics indicate a reasonable price with a decent dividend yield, appealing to both growth and income investors.

Dexerials Corp. Business Overview & Revenue Model

Company Description

Dexerials Corp. (4980) is a Japanese company that operates in the technology sector, specializing in the development, manufacturing, and sales of advanced materials and components. The company offers a broad range of products, including optical films, bonding materials, and electronic components, which are utilized in various industries such as consumer electronics, automotive, and telecommunications.

How the Company Makes Money

Dexerials Corp. makes money primarily through the sale of its advanced materials and components. Its key revenue streams include optical films used in displays for televisions, smartphones, and other devices; bonding materials like adhesives and resins used in the assembly of electronic components; and electronic components such as thermal management products and circuit boards. The company also engages in significant partnerships with major electronics manufacturers, which help drive sales and expand its market reach. Additionally, Dexerials invests in research and development to innovate and adapt its product offerings to meet the evolving demands of its clients, thereby sustaining and potentially increasing its revenue.

Dexerials Corp. Financial Statement Overview

Summary

Dexerials Corp. demonstrates solid financial health with strong revenue growth and profitability. The company maintains a stable balance sheet with low leverage and a strong equity position. Cash flow generation is robust, ensuring liquidity and flexibility for future investments. Overall, Dexerials is well-positioned for continued growth, though attention to increasing liabilities is advised.

Income Statement

Dexerials Corp. has shown strong revenue growth with a 4.94% increase from 2024 to 2025. Gross profit margin improved to 56.3% in 2025, reflecting better cost management. The net profit margin also increased to 25.1%, indicating enhanced profitability. The company has consistently improved its EBIT and EBITDA margins over the years, with recent figures at 34.5% and 42.3% respectively, showcasing robust operational efficiency.

Balance Sheet

The balance sheet of Dexerials Corp. reflects stability with a debt-to-equity ratio of 0.22, indicating conservative leverage. Return on equity improved to 28.9%, driven by higher net income. The equity ratio stands at 63.2%, highlighting a strong capital structure. However, the increase in total liabilities over the years suggests a need to monitor future leverage closely.

Cash Flow

The cash flow analysis reveals a healthy free cash flow growth rate of 59.6% between 2024 and 2025, driven by higher operating cash flow and controlled capital expenditure. The operating cash flow to net income ratio of 1.46 indicates strong cash generation relative to profits. Free cash flow to net income ratio increased to 0.95, reflecting improved cash conversion.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
111.64B	110.39B	105.20B	106.17B	95.71B	65.83B
	Gross Profit
62.28B	62.14B	57.27B	54.17B	45.19B	28.36B
	EBIT
38.56B	38.07B	33.42B	32.29B	26.64B	11.34B
	EBITDA
44.76B	46.71B	36.80B	39.10B	32.48B	17.59B
	Net Income Common Stockholders
27.89B	27.74B	21.38B	20.68B	16.67B	5.33B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
40.12B	34.98B	37.41B	29.29B	29.36B	20.53B
	Total Assets
161.04B	151.82B	138.02B	126.38B	127.41B	95.20B
	Total Debt
21.12B	21.08B	21.73B	19.71B	19.43B	15.48B
	Net Debt
-19.00B	-13.90B	-15.68B	-9.57B	-9.93B	-5.05B
	Total Liabilities
64.25B	55.90B	53.06B	52.61B	63.27B	41.90B
	Stockholders Equity
96.79B	95.92B	84.95B	72.89B	63.73B	53.30B
Cash Flow		Free Cash Flow
0.00	26.36B	16.52B	9.55B	20.55B	10.45B
	Operating Cash Flow
0.00	40.43B	27.46B	21.34B	25.80B	13.19B
	Investing Cash Flow
0.00	-22.32B	-10.87B	-9.45B	-12.43B	-2.47B
	Financing Cash Flow
0.00	-21.29B	-10.34B	-12.54B	-5.78B	-4.26B

Dexerials Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2110.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4980, the sentiment is Positive. The current price of 2110 is above the 20-day moving average (MA) of 2027.80, above the 50-day MA of 1794.59, and above the 200-day MA of 2087.95, indicating a neutral trend. The MACD of 78.02 indicates Positive momentum. The RSI at 60.80 is Neutral, neither overbought nor oversold. The STOCH value of 53.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4980.

Dexerials Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6436	80 Outperform	¥321.10B	17.35	13.42%	5.75%	14.76%	36.76%
4980	79 Outperform	¥365.30B	12.81		3.03%	4.94%	31.90%
6770	71 Outperform	$301.69B	7.91	9.28%	0.03%	2.73%	―
5214	62 Neutral	$278.15B	24.02	-0.56%	3.77%	3.02%	48.28%
Sector *	62 Neutral	$11.97B	10.08	-7.46%	2.96%	7.37%	-8.22%
7732	60 Neutral	¥344.07B	824.45	0.43%	1.23%	-0.23%	-91.55%
6976	52 Neutral	¥309.57B	132.04		3.65%	5.82%	-71.99%

Dexerials Corp. Corporate Events

Dexerials Enhances Board Benefit Trust with ¥1 Billion Contribution

Dexerials Corporation announced an additional cash contribution of ¥1,000 million to its Board Benefit Trust-Restricted Stock system to acquire up to 700,000 common shares. This move aims to sustain the company’s stock compensation plan for directors, potentially strengthening its governance and aligning management interests with shareholders.

Dexerials Corp. Reports Strong FY2025 Results Amid Upcoming Challenges

Dexerials Corporation reported a strong financial performance for the fiscal year ending March 31, 2025, with net sales increasing by 4.9% to 110,390 million yen and a significant rise in operating profit by 24.6%. The company also conducted a 3-for-1 stock split, impacting earnings per share calculations. Despite the positive results, the forecast for the next fiscal year indicates a decline in net sales and profits, suggesting potential challenges ahead.

Dexerials Corp. Achieves Health and Productivity Certification for Fifth Year

Dexerials Corporation has been recognized for the fifth consecutive year as a Health and Productivity Management Organization 2025, highlighting its commitment to employee health and strategic management practices. The company has implemented initiatives like a health point system and team awards to promote physical and mental well-being, aiming to enhance employee capabilities and maintain a healthy work environment.

Dexerials’ 2024 Integrated Report Earns Excellence Recognition

Dexerials Corporation’s 2024 Integrated Report has been recognized as an ‘Excellent Integrated Report’ by asset managers of the Government Pension Investment Fund. This recognition highlights Dexerials’ strategic focus on sustainability and its medium- to long-term growth plans, which align with its purpose of empowering evolution by connecting people and technology. The report emphasizes a future-oriented approach, detailing the company’s growth strategy, sustainability goals, and key ESG issues, thereby enhancing stakeholder understanding and corporate value.