Fulltech Co. Ltd. (6546) AI Stock Analysis

• Market Cap: ¥6.10B
• Dividend Yield: 3.87%
• Average Volume (3M): 1.93K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 0.24
• Revenue Growth: 3.62%
• EPS Growth: 40.39%
• Country: JP
• Employees: 719
• Sector: Industrials
• Sector Strength: 85
• Industry: Industrial - Machinery
• EPS (TTM): 42.75
• Shares Outstanding: 5,367,800
• 10 Day Avg. Volume: 2,460
• 30 Day Avg. Volume: 1,926
• PEG Ratio: -0.87
• Price to Book (P/B): 1.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 42.86
• 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 ▲(7.74%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 company that operates in the manufacturing sector, specializing in the production and distribution of electronic components. The company is known for its high-quality capacitors and other passive components that are essential in various electronic devices. Fulltech Co. Ltd. serves a broad range of industries, including consumer electronics, automotive, telecommunications, and industrial equipment.

How the Company Makes Money

Fulltech Co. Ltd. generates revenue primarily through the sale of its electronic components to manufacturers and distributors across different sectors. The company's key revenue streams include direct sales to large electronics manufacturers, partnerships with distributors that supply components to smaller companies, and custom solutions for specialized applications. Fulltech Co. Ltd. may also benefit from strategic partnerships with technology firms and ongoing investments in R&D to maintain a competitive edge in the market. The company's earnings are influenced by factors such as demand for consumer electronics, advancements in technology, and global economic conditions that affect the supply chain and production costs.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
13.81B	12.78B	11.94B	11.51B	11.67B
	Gross Profit
4.65B	4.05B	3.57B	4.04B	3.83B
	EBIT
612.00M	447.61M	136.16M	628.94M	544.91M
	EBITDA
825.00M	582.76M	297.18M	811.47M	589.57M
	Net Income Common Stockholders
457.90M	239.21M	94.05M	436.61M	277.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.84B	2.65B	1.81B	1.86B	1.90B
	Total Assets
12.23B	12.00B	10.84B	11.06B	10.41B
	Total Debt
696.84M	751.66M	92.09M	211.31M	279.35M
	Net Debt
-2.14B	-1.90B	-1.72B	-1.65B	-1.62B
	Total Liabilities
5.55B	5.59B	4.69B	4.61B	4.24B
	Stockholders Equity
6.69B	6.41B	6.15B	6.45B	6.17B
Cash Flow		Free Cash Flow
632.72M	355.02M	150.28M	199.18M	-323.42M
	Operating Cash Flow
753.16M	649.01M	376.44M	490.10M	445.98M
	Investing Cash Flow
-66.83M	-318.51M	-136.83M	-312.15M	-782.34M
	Financing Cash Flow
-503.30M	509.28M	-287.79M	-212.99M	-252.24M

Fulltech Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1137.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6546, the sentiment is Positive. The current price of 1137 is above the 20-day moving average (MA) of 1104.15, above the 50-day MA of 1097.02, and above the 200-day MA of 1112.23, indicating a bullish trend. The MACD of 10.77 indicates Negative momentum. The RSI at 72.16 is Negative, neither overbought nor oversold. The STOCH value of 92.63 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6546.

Fulltech Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6391	76 Outperform	¥5.60B	9.67		1.18%	-3.54%	0.10%
6286	75 Outperform	¥5.46B	5.25		2.35%	11.07%	34.17%
6546	74 Outperform	¥6.10B	12.60		3.87%	3.62%	40.39%
6158	74 Outperform	¥5.72B	13.23		4.06%	0.20%	-40.38%
6229	74 Outperform	¥5.45B	9.83		3.73%	10.05%	8.09%
Sector *	66 Neutral	$4.49B	12.22	5.40%	3.71%	4.17%	-11.97%
6155	49 Neutral	¥5.06B	―		2.15%	-2.05%	-14.82%