Fulltech Co. Ltd. (6546) AI Stock Analysis

• Market Cap: ¥6.43B
• Dividend Yield: 2.65%
• Average Volume (3M): 1.41K
• Price to Earnings (P/E): 16.1
• Beta (1Y): 0.19
• Revenue Growth: 1.94%
• EPS Growth: 6.32%
• Country: JP
• Employees: 719
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): -2.42
• Shares Outstanding: 5,367,800
• 10 Day Avg. Volume: 1,160
• 30 Day Avg. Volume: 1,413
• PEG Ratio: 0.15
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 0.45
• P/FCF Ratio: 9.75
• 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: 74 Outperform
• Price Target: ¥1,225.00 ▲(2.00% Upside)

Fulltech Co. Ltd. scores well due to its strong financial performance, characterized by revenue growth, stable balance sheet, and robust cash flows. The technical analysis indicates a neutral market position, while the valuation suggests fair pricing with a decent dividend yield. Without recent earnings call insights or notable corporate events, these remain the key factors influencing the stock score.

Fulltech Co. Ltd. Business Overview & Revenue Model

Company Description

Fulltech Co. Ltd. (6546) is a leading technology company specializing in the development and production of innovative electronic components and systems. Operating primarily in the sectors of consumer electronics, telecommunications, and industrial automation, Fulltech offers a diverse range of products, including integrated circuits, sensors, and advanced communication solutions. The company is committed to delivering high-quality and reliable technological solutions that enhance connectivity and efficiency across various applications.

How the Company Makes Money

Fulltech Co. Ltd. generates revenue through multiple streams, primarily by manufacturing and selling electronic components to various industries, including consumer electronics and telecommunications. The company earns money by supplying integrated circuits and sensors to original equipment manufacturers (OEMs) and other technology firms. Additionally, Fulltech engages in long-term contracts with key partners to provide customized solutions, which ensures a steady revenue flow. The company's strategic partnerships with leading technology firms enhance its market reach and facilitate joint ventures that contribute to its earnings. Furthermore, Fulltech invests in research and development to innovate and expand its product offerings, thereby attracting new customers and increasing sales.

Fulltech Co. Ltd. Financial Statement Overview

Summary

Fulltech Co. Ltd. shows strong revenue growth and improved profit margins, with a stable balance sheet and robust cash flow generation. Effective cost management and low leverage indicate financial stability, though return on equity could be improved.

Income Statement

Fulltech Co. Ltd. demonstrates strong revenue growth with a notable increase from ¥11.92 billion in 2022 to ¥13.81 billion in 2024, reflecting a positive trajectory. The company maintains robust gross and net profit margins, with the gross profit margin at approximately 33.7% and net profit margin improving to 3.3% by 2024. EBIT and EBITDA margins further underline strong operational performance, with the EBITDA margin improving to 6.0% in 2024. These figures suggest effective cost management and operational efficiency.

Balance Sheet

The balance sheet reflects stability with a favorable debt-to-equity ratio of approximately 0.10 in 2024, indicating low leverage risk. The equity ratio remains healthy at around 54.6%, signifying a strong equity base relative to total assets. Return on equity is modest at 6.8%, showing room for improvement in generating returns for shareholders. Overall, the company's financial position is stable with prudent debt management.

Cash Flow

Fulltech Co. Ltd. exhibits robust cash flow generation, with free cash flow growing significantly from ¥150 million in 2022 to ¥644 million in 2024, representing a strong free cash flow growth rate. The operating cash flow to net income ratio is healthy, indicating effective conversion of earnings into cash. The free cash flow to net income ratio is also positive, reflecting good cash efficiency. Such strong cash flows provide flexibility for future investments and debt management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.52B	13.81B	12.78B	11.94B	11.51B	11.67B
Gross Profit	4.70B	4.65B	4.05B	3.57B	4.04B	3.83B
EBITDA	778.04M	825.00M	582.76M	318.18M	811.47M	589.57M
Net Income	398.48M	457.90M	239.21M	94.05M	436.61M	277.93M
Balance Sheet
Total Assets	11.07B	12.23B	12.00B	10.84B	11.06B	10.41B
Cash, Cash Equivalents and Short-Term Investments	2.14B	2.84B	2.65B	1.81B	1.86B	1.90B
Total Debt	593.00M	696.84M	751.66M	92.09M	211.31M	279.35M
Total Liabilities	4.27B	5.55B	5.59B	4.69B	4.61B	4.24B
Stockholders Equity	6.80B	6.69B	6.41B	6.15B	6.45B	6.17B
Cash Flow
Free Cash Flow	0.00	632.72M	355.02M	150.28M	199.18M	-323.42M
Operating Cash Flow	0.00	753.16M	649.01M	376.44M	490.10M	445.98M
Investing Cash Flow	0.00	-66.83M	-318.51M	-136.83M	-312.15M	-782.34M
Financing Cash Flow	0.00	-503.30M	509.28M	-287.79M	-212.99M	-252.24M

Fulltech Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1201.00
• 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:6546, the sentiment is Neutral. The current price of 1201 is below the 20-day moving average (MA) of 1205.15, above the 50-day MA of 1188.98, and above the 200-day MA of 1120.49, indicating a neutral trend. The MACD of 4.50 indicates Positive momentum. The RSI at 50.66 is Neutral, neither overbought nor oversold. The STOCH value of 41.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6546.

Fulltech Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6229	80 Outperform	¥6.89B	10.59	―	2.88%	13.41%	12.59%
6286	77 Outperform	¥6.53B	6.17	―	2.07%	11.90%	10.46%
6546	74 Outperform	¥6.43B	16.14	―	2.65%	1.94%	6.32%
6158	68 Neutral	¥5.70B	15.12	―	3.85%	-4.13%	-39.40%
6391	68 Neutral	¥5.54B	9.76	―	1.19%	0.55%	-19.84%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6155	50 Neutral	¥5.02B	―	―	2.17%	-4.30%	10.69%