Chiyoda (6366) AI Stock Analysis

• Market Cap: $96.34B
• Dividend Yield: N/A
• Average Volume (3M): 1.48M
• Price to Earnings (P/E): 3.3
• Beta (1Y): 0.84
• Revenue Growth: -12.80%
• EPS Growth: N/A
• Country: JP
• Employees: 3,496
• Sector: Industrials
• Sector Strength: 79
• Industry: Engineering & Construction
• EPS (TTM): 22.57
• Shares Outstanding: 260,324,520
• 10 Day Avg. Volume: 1,055,630
• 30 Day Avg. Volume: 1,478,866
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.01
• Enterprise Value/Revenue: 0.21
• Enterprise Value/Gross Profit: 23.94
• Enterprise Value/Ebitda: -63.04
• 1Y Price Target: $379.06
• Price Target Upside: 2.73% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 70 Neutral
• Price Target: ¥380.00 ▲(2.98% Upside)

Chiyoda's stock score reflects a balanced view of its financial recovery and undervaluation despite challenges in revenue growth and some technical weaknesses. The company's improved profit margins and stable cash flow position are significant strengths, whereas the negative revenue trend and low equity ratio pose risks. The stock appears undervalued, offering potential upside, but careful consideration of its market expansion challenges is necessary.

Chiyoda Business Overview & Revenue Model

Company Description

Chiyoda Corporation operates as an integrated engineering company in Japan and internationally. It offers consulting, planning, engineering, procurement, construction, commissioning, and maintenance services for facilities related to gas, electricity, petroleum, petrochemical, chemical, pharmaceutical, antipollution, environment, preservation, and others. The company also explores for oil, gas, and other mineral resources, as well as invests in and finances exploration activities. Chiyoda Corporation was incorporated in 1948 and is headquartered in Yokohama, Japan.

How the Company Makes Money

Chiyoda Corporation generates revenue primarily through its engineering, procurement, and construction (EPC) services. The company engages in large-scale projects, particularly in the oil and gas sector, where it designs and builds refineries, liquefied natural gas (LNG) plants, and petrochemical facilities. Additionally, Chiyoda is expanding its portfolio into renewable energy and environmental projects, which are becoming increasingly significant revenue streams. The company often forms strategic partnerships and joint ventures with other firms to leverage expertise and share risks in complex projects. Key factors contributing to its earnings include its global presence, technical expertise, and the ability to deliver integrated project solutions that meet client needs.

Chiyoda Financial Statement Overview

Summary

Chiyoda's financial performance shows a recovery with improved profitability and operational efficiency. The positive margins indicate a turnaround from previous losses, although revenue growth remains a concern. The balance sheet is stable with manageable leverage, but the low equity ratio suggests potential risks. Cash flow is strong, supporting operational needs effectively.

Income Statement

Chiyoda's income statement shows a mixed performance. The gross profit margin improved significantly from a negative margin in 2024 to a positive 9.26% in 2025, reflecting a recovery in profitability. The net profit margin also turned positive at 5.91% in 2025, indicating a turnaround from previous losses. However, revenue growth is negative at -9.68%, suggesting challenges in sustaining top-line growth. EBIT and EBITDA margins have improved to 5.34% and 8.07% respectively in 2025, showing enhanced operational efficiency.

Balance Sheet

Chiyoda's balance sheet reflects a stable equity position with a notable increase in stockholders' equity to ¥23.7 billion in 2025. The debt-to-equity ratio stands at 0.99, indicating a balanced capital structure with manageable leverage. The equity ratio is relatively low at 5.14%, which suggests potential vulnerability to financial instability. The company maintains strong liquidity with significant cash reserves, enhancing its ability to meet short-term obligations.

Cash Flow

Chiyoda's cash flow statement indicates strong free cash flow of ¥55.97 billion in 2025, with a slight decline from the previous year. The operating cash flow to net income ratio is robust, suggesting efficient cash generation from operations. However, the free cash flow growth rate is negative, reflecting challenges in sustaining cash flow growth. Overall, the cash flow position supports operational needs and debt management effectively.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	456.97B	505.98B	430.16B	311.12B	315.39B
Gross Profit	42.32B	-157.00M	32.71B	22.79B	20.06B
EBITDA	36.88B	-2.03B	21.34B	-5.29B	10.33B
Net Income	26.99B	-15.83B	15.19B	-12.63B	7.99B
Balance Sheet
Total Assets	461.03B	426.97B	406.59B	395.40B	329.58B
Cash, Cash Equivalents and Short-Term Investments	307.28B	102.07B	61.24B	68.80B	106.99B
Total Debt	23.60B	23.60B	29.09B	45.62B	45.75B
Total Liabilities	435.57B	420.89B	384.28B	379.64B	292.84B
Stockholders Equity	23.71B	4.86B	22.18B	15.65B	36.40B
Cash Flow
Free Cash Flow	55.97B	58.86B	41.37B	-27.73B	-22.95B
Operating Cash Flow	57.66B	62.75B	44.16B	-25.59B	-20.81B
Investing Cash Flow	-4.18B	-1.57B	7.89B	-3.79B	-2.25B
Financing Cash Flow	-298.00M	-5.85B	-17.06B	-4.20B	9.48B

Chiyoda Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 369.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6366, the sentiment is Positive. The current price of 369 is above the 20-day moving average (MA) of 365.45, above the 50-day MA of 347.38, and above the 200-day MA of 329.30, indicating a bullish trend. The MACD of 7.45 indicates Positive momentum. The RSI at 57.94 is Neutral, neither overbought nor oversold. The STOCH value of 42.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6366.

Chiyoda Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6366	70 Neutral	$96.34B	3.26	150.62%	―	-12.80%	―
Sector *	58 Neutral	HK$13.91B	4.82	-3.70%	5.62%	2.15%	-62.33%
JGCCF	―	$2.33B	―	-1.77%	2.70%	―	―
1871	84 Outperform	¥83.83B	10.39		4.01%	3.55%	36.89%
1976	82 Outperform	¥76.29B	9.76		2.53%	4.24%	22.05%
1982	74 Outperform	¥104.01B	15.83		2.05%	7.26%	29.33%
1762	69 Neutral	¥103.19B	16.48		2.44%	6.90%	-25.24%