Want to see JP:5038 full AI Analyst Report?
Top Page
eWeLL Co.,Ltd
(5038)
Select Model
Select Model
Rating:79Outperform
Price Target:
¥2,429.00
▲(18.84% Upside)
Action:Reiterated
Date:08/06/26
The score is driven primarily by excellent financial performance (high margins, strong profitability, debt-free balance sheet, and solid cash conversion). Technicals are supportive but tempered by trading below the 200-day average, while valuation (P/E ~28.4 and ~0.76% yield) limits upside from a price-attractiveness standpoint.
Positive Factors
High gross margins and strong profitability
Sustained very high gross and operating margins indicate durable pricing power and a scalable software model. High profitability supports internal reinvestment, funds strategic initiatives, and provides cushion versus cyclical revenue swings, underpinning long-term cash generation and returns.
Negative Factors
Decelerating revenue growth
A material slowdown to mid-teens revenue growth suggests the business may be maturing or facing tougher market conditions. Slower top-line expansion can limit operating leverage benefits, pressure future margin expansion, and force management to pursue new markets or product investment to sustain returns.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margins and strong profitability
Sustained very high gross and operating margins indicate durable pricing power and a scalable software model. High profitability supports internal reinvestment, funds strategic initiatives, and provides cushion versus cyclical revenue swings, underpinning long-term cash generation and returns.
Read all positive factors
eWeLL Co.,Ltd (5038) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥32.31B
Dividend Yield0.76%
Average Volume (3M)37.66K
Price to Earnings (P/E)28.4
Beta (1Y)1.03
Revenue Growth30.58%
EPS Growth23.45%
CountryJP
Employees107
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)74.48
Shares Outstanding15,271,802
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)88
Revenue Forecast (FY)¥4.19B
eWeLL Co.,Ltd Business Overview & Revenue Model
Company Description
Established in 2012 and headquartered in Osaka, Japan, eWeLL Co.,Ltd. is a developer of cloud-based business support services specifically designed for visiting nursing stations throughout Japan. Their core offerings include iBow, a Software-as-a-...
How the Company Makes Money
null...
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 | 3.59B | 3.39B | 2.57B | 2.07B | 1.60B | 1.19B |
| Gross Profit | 2.77B | 2.65B | 1.94B | 1.60B | 1.26B | 969.51M |
| EBITDA | 1.70B | 1.64B | 1.22B | 967.84M | 725.48M | 414.60M |
| Net Income | 1.13B | 1.09B | 808.26M | 612.90M | 449.56M | 340.29M |
Balance Sheet | ||||||
| Total Assets | 3.72B | 4.28B | 3.10B | 2.41B | 1.65B | 1.06B |
| Cash, Cash Equivalents and Short-Term Investments | 2.29B | 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 | 571.58M | 908.43M | 687.05M | 719.78M | 544.97M | 557.12M |
| Stockholders Equity | 3.15B | 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
Positive
2044.00
Price Trends
1936.22
Positive
1981.60
Positive
2285.18
Negative
Market Momentum
52.64
Negative
62.88
Neutral
84.92
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5038, the sentiment is Positive. The current price of 2044 is below the 20-day moving average (MA) of 2087.40, above the 50-day MA of 1936.22, and below the 200-day MA of 2285.18, indicating a neutral trend. The MACD of 52.64 indicates Negative momentum. The RSI at 62.88 is Neutral, neither overbought nor oversold. The STOCH value of 84.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5038.
eWeLL Co.,Ltd Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥27.03B | 12.95 | ― | 4.58% | 8.18% | 35.49% | |
79 Outperform | ¥32.31B | 28.41 | ― | 0.78% | 30.58% | 23.45% | |
77 Outperform | ¥35.97B | 17.37 | ― | 1.64% | 32.07% | 349.54% | |
71 Outperform | ¥19.58B | 18.91 | ― | 3.14% | -2.50% | -17.10% | |
68 Neutral | ¥6.46B | 14.42 | ― | ― | 23.42% | 457.78% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
45 Neutral | ¥34.20B | 31.43 | ― | ― | 18.09% | -50.60% |
* General Sector Average
JP:5038
eWeLL Co.,Ltd
2,162.00
-247.20
-10.26%
JP:3835
eBASE Co., Ltd.
423.00
-62.63
-12.90%
JP:4397
TeamSpirit, Inc.
395.00
-118.00
-23.00%
JP:4477
BASE, Inc.
281.00
-108.22
-27.80%
JP:5027
AnyMind Group Inc.
568.00
-42.06
-6.89%
JP:9629
PCA Corporation
1,529.00
-302.31
-16.51%
eWeLL Co.,Ltd Corporate Events
eWeLL Highlights SaaS-Driven Growth in Japan’s Home-Visit Nursing Market
May 29, 2026
Osaka-based eWeLL Co., Ltd. operates in the at-home medical and home-visit nursing sector, providing cloud-based software and services for nursing stations. Its main offerings include iBow, an electronic medical record and business-support SaaS fo...
eWeLL Posts Strong Q1 Growth on iBow Demand and AI Scheduling Uptake
May 25, 2026
eWeLL Co., Ltd. reported a 26.5% year-on-year increase in first-quarter net sales to JPY953 million, driven by rising demand for its iBow service and strong uptake of legal training ahead of the fiscal year-end among home-visit nursing operators. ...
eWeLL Delivers Strong Q1 2026 Earnings and Plans Higher Dividend
May 14, 2026
eWeLL Co., Ltd. reported strong non-consolidated results for the first quarter ended March 31, 2026, with net sales rising 26.5% year on year to ¥953 million and net income increasing 16.5% to ¥305 million. Profitability remained high, w...
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.