Canare Electric Co., Ltd. (JP:5819)
:5819
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Canare Electric Co., Ltd.
(5819)
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Rating:75Outperform
Price Target:
¥2,284.00
▲(21.10% Upside)
Action:ReiteratedDate:02/01/26
The score is driven primarily by strong financial quality (debt-free balance sheet, improving margins, and improving recent free cash flow) and supportive valuation (low P/E and solid dividend yield). Offsetting these positives, technical signals are neutral-to-soft in the near term with the stock trading below key short- and mid-term moving averages.
Positive Factors
Debt-free balance sheet
Zero reported debt materially lowers financial risk and preserves strategic optionality. With rising equity and assets, the company can fund capex, dividends, or targeted acquisitions from internal resources, improving resilience across industry cycles and reducing refinancing vulnerability.
Negative Factors
Uneven revenue growth
A pronounced revenue dip in 2024 followed by a sharp rebound in 2025 reduces visibility into sustainable top-line momentum. Reliance on episodic large sales or project timing in broadcast/pro A/V channels can make forecasting and capacity planning harder and may compress long-term growth predictability.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially lowers financial risk and preserves strategic optionality. With rising equity and assets, the company can fund capex, dividends, or targeted acquisitions from internal resources, improving resilience across industry cycles and reducing refinancing vulnerability.
Read all positive factors
Canare Electric Co., Ltd. (5819) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥12.84B
Dividend Yield3.02%
Average Volume (3M)11.15K
Price to Earnings (P/E)14.5
Beta (1Y)0.52
Revenue Growth3.43%
EPS Growth3.75%
CountryJP
Employees260
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)32.21
Shares Outstanding7,028,060
10 Day Avg. Volume9,670
30 Day Avg. Volume11,153
Financial Highlights & Ratios
PEG Ratio0.70
Price to Book (P/B)0.67
Price to Sales (P/S)0.97
P/FCF Ratio7.33
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)N/A
Revenue Forecast (FY)N/A
Canare Electric Co., Ltd. Business Overview & Revenue Model
Company Description
Canare Electric Co., Ltd. develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products in Japan and internationally. The company also offers video jacks, cri...
How the Company Makes Money
Canare Electric Co., Ltd. generates revenue primarily through the design, production, and sale of a comprehensive range of audio and video cables and connectors. Its core revenue streams include sales of bulk cables, assemblies, and accessories fo...
Canare Electric Co., Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
90
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.81B | 13.11B | 12.38B | 12.87B | 11.17B | 10.03B |
| Gross Profit | 5.50B | 5.56B | 5.09B | 5.29B | 4.33B | 3.85B |
| EBITDA | 1.87B | 1.81B | 1.62B | 1.91B | 1.38B | 1.15B |
| Net Income | 1.18B | 1.20B | 1.04B | 1.19B | 868.94M | 681.43M |
Balance Sheet | ||||||
| Total Assets | 19.88B | 21.08B | 19.63B | 18.91B | 17.73B | 16.27B |
| Cash, Cash Equivalents and Short-Term Investments | 9.04B | 9.27B | 11.48B | 10.27B | 9.71B | 9.78B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.56B | 2.03B | 1.66B | 1.89B | 2.04B | 1.56B |
| Stockholders Equity | 18.32B | 19.05B | 17.97B | 17.02B | 15.69B | 14.72B |
Cash Flow | ||||||
| Free Cash Flow | 1.66B | 1.74B | 1.33B | 724.32M | -93.84M | 461.46M |
| Operating Cash Flow | 1.74B | 1.76B | 1.46B | 808.79M | 835.63M | 515.54M |
| Investing Cash Flow | -2.12B | -3.61B | 317.46M | -561.06M | -913.71M | -119.97M |
| Financing Cash Flow | -468.00M | -464.07M | -543.52M | -369.04M | -290.13M | -214.35M |
Canare Electric Co., Ltd. Technical Analysis
Neutral
1886.00
Price Trends
1933.46
Negative
1893.12
Positive
1783.49
Positive
Market Momentum
-24.05
Positive
46.48
Neutral
21.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5819, the sentiment is Neutral. The current price of 1886 is below the 20-day moving average (MA) of 1965.85, below the 50-day MA of 1933.46, and above the 200-day MA of 1783.49, indicating a neutral trend. The MACD of -24.05 indicates Positive momentum. The RSI at 46.48 is Neutral, neither overbought nor oversold. The STOCH value of 21.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5819.
Canare Electric Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥414.46B | 14.04 | 18.90% | 1.64% | 7.08% | 65.71% | |
75 Outperform | ¥12.84B | 14.51 | ― | 3.02% | 3.43% | 3.75% | |
72 Outperform | ¥134.26B | 3.86 | 8.07% | 2.64% | 79.29% | 35.48% | |
72 Outperform | ¥7.57T | 26.86 | 32.32% | 0.91% | 27.53% | 137.34% | |
70 Outperform | ¥22.51B | 13.77 | ― | 6.06% | -1.22% | -7.71% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | ¥2.20T | 7.80 | 10.06% | 1.21% | 10.52% | 60.75% |
* Industrials Sector Average
JP:5819
Canare Electric Co., Ltd.
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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.