Komaihaltec Inc. (5915) AI Stock Analysis

• Market Cap: ¥9.05B
• Dividend Yield: 3.74%
• Average Volume (3M): 13.38K
• Price to Earnings (P/E): 5.7
• Beta (1Y): 0.54
• Revenue Growth: -29.79%
• EPS Growth: 278.17%
• Country: JP
• Employees: 632
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 53.08
• Shares Outstanding: 4,972,709
• 10 Day Avg. Volume: 13,050
• 30 Day Avg. Volume: 13,383
• PEG Ratio: 0.06
• Price to Book (P/B): 0.23
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 1.98
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ¥2,217.00 ▲(15.89% Upside)

The overall stock score of 72 reflects a strong valuation and positive technical indicators, despite mixed financial performance. The stock's low P/E ratio and high dividend yield are significant positives, while the overbought technical indicators suggest caution in the short term. Financial performance shows stability in equity but challenges in profitability and cash flow.

Positive Factors

Healthy equity position

A strong equity base and manageable leverage provide durable financial flexibility, allowing the company to fund R&D, capex, and withstand cyclical downturns. This capital structure supports long-term commitments to customers and preserves strategic optionality without over-reliance on debt.

Advanced materials & technologies focus

Deep technical specialization and focus on advanced materials create sustainable competitive advantages through high entry barriers, intellectual know-how, and product differentiation. This underpins long-term customer relationships with OEMs and supports premium pricing and niche market leadership.

Stable demand from long-term contracts

Long-term contracts and recurring service agreements provide steady revenue visibility and customer stickiness, reducing demand volatility. This predictable revenue base enables more reliable capacity planning, sustained investment in product development, and improved lifetime customer value.

Negative Factors

Sharp revenue decline

A near-30% revenue decline signals structural demand weakness or loss of orders, which can erode scale economies and pressure margins. If sustained, shrinking top-line undermines reinvestment capacity, weakens supplier negotiating power, and risks longer-term market share erosion.

Volatile cash flow conversion

Wide swings in operating cash flow and inconsistent conversion of earnings to cash reduce ability to self-fund capex, dividends, and R&D. Persistent volatility forces dependence on external financing, increases refinancing risk, and complicates multi-year investment planning.

Inconsistent profitability and margins

Fluctuating net and operating margins indicate ongoing operational inefficiencies, pricing pressure, or cost volatility. Over time this undermines return on capital and predictability of earnings, making it harder to sustain R&D budgets, attract investment, and maintain competitive positioning.

Komaihaltec Inc. Business Overview & Revenue Model

Company Description

Komaihaltec Inc. designs and constructs steel bridges, steel framework, and wind energy generating systems. The company also manufactures and installs construction machinery. In addition, it develops, constructs, and installs a 300kW wind turbine system; and develops solar systems. The company was founded in 1868 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Komaihaltec Inc. generates revenue through the sale of its manufactured products, including precision machinery and electronic components. Key revenue streams come from long-term contracts with major manufacturers in the electronics and automotive sectors, which provide a steady demand for its high-quality products. Additionally, the company may benefit from partnerships with technology firms for research and development, allowing it to innovate and expand its product offerings. Furthermore, Komaihaltec may also derive income from service agreements related to maintenance and support for its machinery, enhancing customer loyalty and providing ongoing revenue.

Komaihaltec Inc. Financial Statement Overview

Summary

Komaihaltec Inc. demonstrates a mixed financial performance with strengths in equity stability but weaknesses in profitability and cash flow consistency. The company faces challenges in maintaining revenue growth and operational efficiency, impacting its overall financial health.

Income Statement

The income statement shows a volatile revenue trend with a significant decline in the most recent year. Despite this, gross profit margins have been relatively stable, but net profit margins are inconsistent, indicating fluctuating profitability. The EBIT and EBITDA margins have also shown variability, reflecting operational challenges.

Balance Sheet

The balance sheet reveals a strong equity position with a moderate debt-to-equity ratio, indicating manageable leverage. However, the return on equity has been inconsistent due to fluctuating net income. The equity ratio remains healthy, suggesting a solid capital structure, but the company faces challenges in maintaining consistent profitability.

Cash Flow

Cash flow analysis shows significant volatility, with operating cash flow experiencing large swings. The free cash flow turned positive recently, but the ratio to net income indicates potential challenges in converting profits into cash. The operating cash flow to net income ratio suggests operational inefficiencies or cash management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	36.46B	40.55B	55.38B	39.73B	29.55B	30.29B
Gross Profit	4.25B	4.25B	4.23B	3.99B	4.88B	3.72B
EBITDA	3.53B	3.36B	1.77B	1.23B	2.38B	1.41B
Net Income	1.25B	1.27B	625.00M	328.00M	1.34B	776.00M
Balance Sheet
Total Assets	64.50B	69.32B	76.83B	61.13B	52.53B	49.94B
Cash, Cash Equivalents and Short-Term Investments	9.12B	10.32B	6.59B	7.88B	12.34B	8.93B
Total Debt	14.99B	19.35B	21.28B	12.22B	9.00B	9.97B
Total Liabilities	32.61B	37.49B	43.76B	31.27B	22.98B	21.91B
Stockholders Equity	31.88B	31.83B	32.53B	29.38B	29.12B	27.69B
Cash Flow
Free Cash Flow	0.00	3.73B	-9.72B	-7.60B	4.61B	2.70B
Operating Cash Flow	0.00	8.18B	-8.58B	-6.50B	4.82B	3.49B
Investing Cash Flow	0.00	-869.00M	-146.00M	-643.00M	37.00M	-2.52B
Financing Cash Flow	0.00	-3.59B	7.43B	2.68B	-1.45B	-686.00M

Komaihaltec Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1913.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5915, the sentiment is Neutral. The current price of 1913 is below the 20-day moving average (MA) of 1989.80, below the 50-day MA of 1913.76, and above the 200-day MA of 1689.07, indicating a neutral trend. The MACD of 11.08 indicates Positive momentum. The RSI at 45.89 is Neutral, neither overbought nor oversold. The STOCH value of 13.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5915.

Komaihaltec Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1860	76 Outperform	¥413.89B	13.15	―	2.73%	18.92%	73.08%
1820	75 Outperform	¥227.04B	12.62	―	3.82%	-3.72%	59.02%
1762	73 Outperform	¥117.49B	12.77	―	2.13%	7.22%	21.92%
5915	72 Outperform	¥9.05B	5.67	―	3.74%	-29.79%	278.17%
1720	69 Neutral	¥133.69B	12.53	―	2.89%	20.38%	128.85%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%