Dexerials Corp. (4980) AI Stock Analysis

• Market Cap: ¥405.73B
• Dividend Yield: 2.43%
• Average Volume (3M): 633.16K
• Price to Earnings (P/E): 15.3
• Beta (1Y): 1.51
• Revenue Growth: -1.94%
• EPS Growth: 9.00%
• Country: JP
• Employees: 1,892
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 33.14
• Shares Outstanding: 176,418,500
• 10 Day Avg. Volume: 702,020
• 30 Day Avg. Volume: 633,160
• 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: ¥2,333.00
• Price Target Upside: -0.45% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ¥2,333.00 ▼(-0.45% Downside)

Dexerials Corp. scores well due to its strong financial performance, characterized by robust revenue growth, profitability, and cash flow generation. The technical analysis presents a neutral outlook, with no strong bullish or bearish signals. The valuation is reasonable, offering a good balance between growth and income potential. The absence of earnings call data and corporate events does not affect the score significantly.

Dexerials Corp. Business Overview & Revenue Model

Company Description

Dexerials Corporation manufactures and sells electronic components, bonding materials, optics materials, and other products in Japan. The company offers anisotropic conductive films, industrial adhesives, double and single coated tapes, thermal conductive sheets, architectural window films, optical elasticity resins, inorganic wave plates, optical films, inorganic diffusers and polarizers, and anti-reflection films, as well as UV curable resins for optical disks. It also provides surface mounted type fuses and water treatment agents for inorganic effluent; and solar cell conductive films for photovoltaic modules. The company was formerly known as Sony Chemical & Information Device Corporation and changed its name to Dexerials Corporation in September 2012. Dexerials Corporation was founded in 1962 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Dexerials Corp. generates revenue through the sale of its advanced materials and components to manufacturers in the electronics and automotive industries. Key revenue streams include anisotropic conductive films used in display panels and touchscreens, optical elastic resins for optical bonding, and a variety of adhesives and tapes used in electronic assembly and automotive applications. The company also benefits from strategic partnerships and collaborations with major electronics and automotive manufacturers, which help drive demand for its products. These partnerships, along with a focus on innovation and high-quality production, contribute significantly to the company's earnings.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	110.39B	110.39B	105.20B	106.17B	95.71B	65.83B
Gross Profit	62.14B	62.14B	57.27B	54.17B	45.19B	28.36B
EBITDA	46.92B	46.71B	36.80B	36.60B	29.82B	14.23B
Net Income	27.74B	27.74B	21.38B	20.68B	16.67B	5.33B
Balance Sheet
Total Assets	151.82B	151.82B	138.02B	126.38B	127.41B	95.20B
Cash, Cash Equivalents and Short-Term Investments	34.98B	34.98B	37.41B	29.29B	29.36B	20.53B
Total Debt	21.08B	21.08B	21.73B	19.71B	19.43B	15.48B
Total Liabilities	55.90B	55.90B	53.06B	52.61B	63.27B	41.90B
Stockholders Equity	95.92B	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: 2343.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 2343.5 is above the 20-day moving average (MA) of 2084.05, above the 50-day MA of 2101.47, and above the 200-day MA of 2057.15, indicating a bullish trend. The MACD of 58.57 indicates Negative momentum. The RSI at 71.01 is Negative, neither overbought nor oversold. The STOCH value of 86.12 is Negative, 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
6770	79 Outperform	402.39B	11.50	9.14%	3.09%	1.69%	―
4980	74 Outperform	¥405.73B	15.25	―	2.43%	-1.94%	9.00%
6436	72 Outperform	294.30B	17.24	13.12%	3.95%	9.62%	34.26%
5214	61 Neutral	393.41B	-52.83	2.50%	2.77%	0.95%	-139.69%
6976	59 Neutral	418.83B	-85.65	0.73%	2.70%	4.21%	-135.36%
7732	56 Neutral	346.58B	-505.34	0.40%	1.28%	-2.34%	-116.35%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Dexerials Corp. Corporate Events

Dexerials Corp. Reports Decline in Q1 2025 Financial Performance

Dexerials Corporation reported a decline in its financial performance for the three months ending June 30, 2025, with net sales and profits showing a year-on-year decrease. Despite the challenges, the company remains committed to providing valuable information to investors through supplementary materials and financial briefings, aiming to maintain transparency and investor confidence.

The most recent analyst rating on (JP:4980) stock is a Hold with a Yen2100.00 price target. To see the full list of analyst forecasts on Dexerials Corp. stock, see the JP:4980 Stock Forecast page.

Dexerials Completes Treasury Stock Disposal for Employee Remuneration

Dexerials Corporation announced the completion of payment procedures for the disposal of treasury stock as restricted stock remuneration. This move, resolved by the Board of Directors, involved the disposal of 18,666 shares of common stock to employees of a subsidiary, potentially impacting employee incentives and aligning interests with company performance.

The most recent analyst rating on (JP:4980) stock is a Hold with a Yen2100.00 price target. To see the full list of analyst forecasts on Dexerials Corp. stock, see the JP:4980 Stock Forecast page.

Dexerials Corp. Announces Treasury Stock Disposition for Executive Incentives

Dexerials Corporation announced the disposition of 18,666 shares of its treasury stock as part of a restricted stock compensation plan aimed at incentivizing executive management candidates. This plan is designed to enhance corporate value and align the interests of employees with those of shareholders, with a transfer restriction period set from July 2025 to June 2028.

The most recent analyst rating on (JP:4980) stock is a Hold with a Yen2100.00 price target. To see the full list of analyst forecasts on Dexerials Corp. stock, see the JP:4980 Stock Forecast page.

Dexerials Corp. Announces Leadership Change to Boost Governance and Strategy

Dexerials Corporation has announced a change in its leadership, appointing Katsushi Kitajo as the new Representative Director, succeeding Toshiya Satake. This change aims to strengthen corporate governance and accelerate the execution of the company’s Mid-Term Management Plan, thereby enhancing corporate value over the medium to long term.

The most recent analyst rating on (JP:4980) stock is a Hold with a Yen2100.00 price target. To see the full list of analyst forecasts on Dexerials Corp. stock, see the JP:4980 Stock Forecast page.