eWeLL Co.,Ltd (JP:5038)
:5038
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eWeLL Co.,Ltd
(5038)
Select Model
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Rating:72Outperform
Price Target:
¥2,664.00
▲(0.45% Upside)
Action:ReiteratedDate:02/18/26
Strong financial performance (excellent profitability, debt-free balance sheet, and good cash conversion) is the primary driver of the score. This is offset by weak technical momentum (below key moving averages with negative MACD) and a valuation that is not cheap (P/E ~31.6 with a low dividend yield).
Positive Factors
Debt-free balance sheet
A zero-debt balance sheet materially reduces financial risk and preserves strategic optionality. With no interest burden management can fund organic growth, R&D, or M&A from cash flow, maintaining operations through cycles and supporting durable capital allocation flexibility over the next 2–6 months and beyond.
Negative Factors
Revenue growth deceleration
A material slowdown in top-line growth signals potential market saturation or tougher competitive dynamics. Slower revenue expansion limits operating leverage benefits, constrains future margin uplift and ROE improvement, and reduces the company's ability to scale fixed-cost investments without pressuring returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt balance sheet materially reduces financial risk and preserves strategic optionality. With no interest burden management can fund organic growth, R&D, or M&A from cash flow, maintaining operations through cycles and supporting durable capital allocation flexibility over the next 2–6 months and beyond.
Read all positive factors
eWeLL Co.,Ltd (5038) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥31.37B
Dividend Yield0.47%
Average Volume (3M)37.66K
Price to Earnings (P/E)36.5
Beta (1Y)0.95
Revenue Growth31.05%
EPS Growth46.12%
CountryJP
Employees90
SectorHealthcare
Sector Strength45
IndustrySoftware - Application
Share Statistics
EPS (TTM)16.76
Shares Outstanding15,251,838
10 Day Avg. Volume52,070
30 Day Avg. Volume37,660
Financial Highlights & Ratios
PEG Ratio1.10
Price to Book (P/B)11.78
Price to Sales (P/S)11.72
P/FCF Ratio32.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)92.4
Revenue Forecast (FY)¥4.17B
eWeLL Co.,Ltd Business Overview & Revenue Model
Company Description
eWeLL Co.,Ltd. develops business support cloud services for visiting nursing stations in Japan. It also provides iBow, a SaaS-type business support tool that contributes to improving customer productivity; iBow receipt, a receipt system exclusivel...
How the Company Makes Money
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eWeLL Co.,Ltd Financial Statement Overview
Summary
Income Statement
92
Very Positive
Balance Sheet
95
Very Positive
Cash Flow
88
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.97B | 3.39B | 2.57B | 2.07B | 1.60B | 1.19B |
| Gross Profit | 2.35B | 2.65B | 1.94B | 1.60B | 1.26B | 969.51M |
| EBITDA | 1.48B | 1.64B | 1.22B | 967.84M | 725.48M | 414.60M |
| Net Income | 990.39M | 1.09B | 808.26M | 612.90M | 449.56M | 340.29M |
Balance Sheet | ||||||
| Total Assets | 3.52B | 4.28B | 3.10B | 2.41B | 1.65B | 1.06B |
| Cash, Cash Equivalents and Short-Term Investments | 2.22B | 2.86B | 1.97B | 1.41B | 1.08B | 617.07M |
| Total Debt | 0.00 | 0.00 | 0.00 | 91.50M | 96.06M | 180.62M |
| Total Liabilities | 701.16M | 908.43M | 687.05M | 719.78M | 544.97M | 557.12M |
| Stockholders Equity | 2.82B | 3.38B | 2.41B | 1.69B | 1.11B | 504.15M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.23B | 839.09M | 440.68M | 527.34M | 347.06M |
| Operating Cash Flow | 0.00 | 1.27B | 856.79M | 626.91M | 543.38M | 408.64M |
| Investing Cash Flow | 0.00 | -210.38M | -77.89M | -217.84M | -136.43M | -73.75M |
| Financing Cash Flow | 0.00 | -168.38M | -225.88M | -71.36M | 51.19M | -44.56M |
eWeLL Co.,Ltd Technical Analysis
Negative
2652.00
Price Trends
2347.02
Negative
2507.21
Negative
2558.55
Negative
Market Momentum
-84.50
Positive
42.14
Neutral
58.87
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5038, the sentiment is Negative. The current price of 2652 is above the 20-day moving average (MA) of 2179.90, above the 50-day MA of 2347.02, and above the 200-day MA of 2558.55, indicating a bearish trend. The MACD of -84.50 indicates Positive momentum. The RSI at 42.14 is Neutral, neither overbought nor oversold. The STOCH value of 58.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:5038.
eWeLL Co.,Ltd Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥18.84B | 30.80 | ― | 3.14% | 0.50% | -2.92% | |
72 Outperform | ¥31.37B | 36.54 | ― | 0.47% | 31.05% | 46.12% | |
68 Neutral | ¥32.79B | 20.63 | ― | 4.58% | 4.58% | -15.00% | |
64 Neutral | ¥33.37B | 20.10 | ― | ― | 27.97% | -5.25% | |
60 Neutral | ¥6.74B | 27.15 | ― | ― | 11.32% | ― | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
49 Neutral | ¥25.27B | 39.28 | ― | ― | 20.84% | 10.41% |
* Healthcare Sector Average
JP:5038
eWeLL Co.,Ltd
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44.37
2.20%
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eWeLL Co.,Ltd Corporate Events
eWeLL Tops FY2025 Forecasts and Sets Stage for New Medium-Term Growth Plan
Feb 25, 2026
eWeLL Co., Ltd. reported strong FY12/2025 results, with net sales rising 31.9% year on year to ¥3.392 billion and operating profit climbing 35.3% to ¥1.537 billion, delivering a 45.3% operating margin and slightly exceeding its earnings ...
eWeLL Posts Strong 2025 Earnings and Hikes Dividend as It Forecasts Further Growth for 2026
Feb 13, 2026
eWeLL Co., Ltd. reported strong non-consolidated results for the fiscal year ended December 31, 2025, with net sales rising 31.9% year on year to ¥3,392 million and net income climbing 34.6% to ¥1,088 million, reflecting high profitabili...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.