Maruwa Co (5344) AI Stock Analysis

• Market Cap: ¥442.80B
• Dividend Yield: 0.26%
• Average Volume (3M): 107.02K
• Price to Earnings (P/E): 23.0
• Beta (1Y): 1.15
• Revenue Growth: 16.71%
• EPS Growth: 26.44%
• Country: JP
• Employees: 1,380
• Sector: Technology
• Sector Strength: 79
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 427.65
• Shares Outstanding: 12,372,000
• 10 Day Avg. Volume: 114,440
• 30 Day Avg. Volume: 107,023
• PEG Ratio: 1.21
• Price to Book (P/B): 2.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 32.72
• 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: 75 Outperform
• Price Target: ―

Maruwa Co's stock score is bolstered by its strong financial performance, characterized by high profitability and low leverage. However, technical indicators suggest a bearish trend, and the stock's valuation appears fair, neither undervalued nor overvalued. The absence of significant earnings call data or corporate events limits further insights into future prospects.

Maruwa Co Business Overview & Revenue Model

Company Description

Maruwa Co., Ltd. (5344) is a Japan-based company primarily engaged in the manufacture and sale of electronic components and ceramic products. The company operates in sectors including electronics, telecommunications, and automotive industries, offering a range of products such as ceramic substrates, electronic components, and microwave components. Maruwa is known for its advanced ceramics technology, which is utilized in various high-performance applications across multiple industries.

How the Company Makes Money

Maruwa Co., Ltd. generates revenue through the production and sale of its electronic and ceramic products. The company's key revenue streams include sales of ceramic substrates used in electronic circuits, microwave components for telecommunications, and various other electronic components. Maruwa's earnings are significantly influenced by its ability to innovate and provide high-quality, technologically advanced products that meet the evolving needs of its customers in sectors like automotive and telecommunications. Additionally, partnerships with industry leaders and investments in research and development contribute to its competitive edge and financial performance.

Maruwa Co Financial Statement Overview

Summary

Maruwa Co exhibits strong financial performance with robust revenue and profit margins, minimal debt, and stable cash flow generation. Despite the healthy financials, the slowdown in revenue growth and decline in free cash flow growth are notable concerns.

Income Statement

Maruwa Co demonstrates strong financial health with a consistent increase in total revenue from ¥41,231 million in 2020 to ¥61,564 million in 2024. The gross profit margin remains robust, indicating efficient cost management. The net profit margin has slightly improved from 14.29% in 2020 to 24.72% in 2024, showcasing enhanced profitability. The EBIT and EBITDA margins are also strong, further emphasizing operational efficiency. However, the slowdown in revenue growth from prior years may be a point of concern.

Balance Sheet

The balance sheet of Maruwa Co is notably strong, with a substantial increase in stockholders' equity over the years. The debt-to-equity ratio is extremely low, reflecting minimal reliance on debt financing and solid financial stability. The equity ratio remains high, indicating a strong equity base relative to total assets. Overall, the company maintains a robust financial position with significant liquidity and low leverage.

Cash Flow

Maruwa Co's cash flow statement reflects a stable cash generation capability with positive operating cash flow. The free cash flow has seen fluctuations, with a decrease from ¥10,949 million in 2022 to ¥5,898 million in 2024, reflecting higher capital expenditures. The operating cash flow to net income ratio is solid, indicating effective conversion of income into cash flow. However, the decline in free cash flow growth rate is a potential area of concern.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
65.08B	71.85B	61.56B	58.80B	54.34B	41.44B
	Gross Profit
33.38B	39.47B	30.99B	30.41B	27.33B	18.36B
	EBIT
21.91B	26.91B	19.80B	20.14B	18.21B	10.25B
	EBITDA
26.41B	31.85B	23.94B	23.23B	20.79B	12.09B
	Net Income Common Stockholders
16.87B	19.24B	15.22B	15.02B	13.35B	6.93B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
57.27B	71.79B	55.25B	49.80B	44.62B	34.09B
	Total Assets
124.92B	142.28B	122.52B	108.03B	95.90B	78.06B
	Total Debt
400.00M	0.00	400.00M	733.00M	1.70B	1.97B
	Net Debt
-56.87B	-71.79B	-54.85B	-49.06B	-42.92B	-32.12B
	Total Liabilities
10.90B	14.43B	13.31B	13.82B	16.22B	11.72B
	Stockholders Equity
114.02B	127.85B	109.20B	94.21B	79.68B	66.34B
Cash Flow		Free Cash Flow
4.22B	15.37B	5.90B	6.92B	10.95B	5.14B
	Operating Cash Flow
4.22B	25.35B	17.22B	15.65B	14.76B	10.71B
	Investing Cash Flow
0.00	-7.68B	-10.81B	-8.76B	-3.52B	-5.38B
	Financing Cash Flow
0.00	-1.51B	-1.36B	-1.88B	-1.13B	-801.92M

Maruwa Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35890.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5344, the sentiment is Positive. The current price of 35890 is above the 20-day moving average (MA) of 34664.50, above the 50-day MA of 30982.10, and below the 200-day MA of 38348.33, indicating a neutral trend. The MACD of 1206.71 indicates Negative momentum. The RSI at 59.52 is Neutral, neither overbought nor oversold. The STOCH value of 72.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5344.

Maruwa Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6981	78 Outperform	$3.80T	16.63	8.98%	2.61%	6.29%	30.68%
5333	76 Outperform	¥495.32B	9.38	7.66%	2.93%	7.01%	39.29%
5344	75 Outperform	¥442.80B	23.01	16.23%	0.26%	16.71%	26.44%
5334	74 Outperform	$908.29B	9.82	13.91%	3.89%	6.27%	13.96%
5332	64 Neutral	¥615.02B	50.58	2.34%	2.62%	3.16%	-67.29%
Sector *	62 Neutral	$11.80B	10.10	-7.47%	2.99%	7.37%	-8.16%
5337	49 Neutral	¥30.19B	161.21		―	-11.92%	―

Maruwa Co Corporate Events

Maruwa Co. Reports Strong Financial Performance for FY2024

Maruwa Co., Ltd. reported a strong financial performance for the fiscal year ending March 31, 2025, with a significant increase in net sales and profits compared to the previous year. The company’s strategic initiatives have resulted in increased operating and ordinary profits, as well as a notable rise in profit attributable to owners of the parent. This positive financial outcome reflects Maruwa’s solid market positioning and operational efficiency, which are expected to benefit stakeholders and enhance the company’s competitive edge in the industry.