Fulltech Co. Ltd. (JP:6546)
:6546
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Fulltech Co. Ltd.
(6546)
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Rating:53Neutral
Price Target:
¥1,114.00
▼(-7.24% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by mixed financial performance: strong top-line growth and low leverage are outweighed by margin pressure and a sharp 2025 cash-flow deterioration. Technically, the stock is in a weak trend below key moving averages with negative MACD. Valuation is somewhat demanding at ~25x earnings, partially balanced by a ~2.9% dividend yield.
Positive Factors
Conservative balance sheet (low leverage)
Low debt-to-equity (~0.10–0.12) and steady equity growth give Fulltech durable financial flexibility. This reduces refinancing and solvency risk, supports capital spending or cyclical cushions, and allows management to pursue strategic investments without immediate liquidity pressure.
Negative Factors
Sharp cash-flow reversal in 2025
The move to deeply negative operating and free cash flow in 2025 materially weakens the firm's cash generation profile. Persistent negative FCF can force external financing, constrain reinvestment or dividends, and increase vulnerability to demand shocks or higher funding costs over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet (low leverage)
Low debt-to-equity (~0.10–0.12) and steady equity growth give Fulltech durable financial flexibility. This reduces refinancing and solvency risk, supports capital spending or cyclical cushions, and allows management to pursue strategic investments without immediate liquidity pressure.
Read all positive factors
Fulltech Co. Ltd. (6546) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥6.11B
Dividend Yield2.64%
Average Volume (3M)2.36K
Price to Earnings (P/E)25.2
Beta (1Y)0.18
Revenue Growth2.49%
EPS Growth-32.03%
CountryJP
Employees719
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)-4.27
Shares Outstanding5,367,800
10 Day Avg. Volume2,910
30 Day Avg. Volume2,356
Financial Highlights & Ratios
PEG Ratio-0.55
Price to Book (P/B)0.90
Price to Sales (P/S)0.46
P/FCF Ratio-6.27
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
Fulltech Co. Ltd. Business Overview & Revenue Model
Company Description
Fulltech Co.Ltd. manufactures, sells, constructs, and maintains hardware and related products. The company's products include automatic doors, automatic door peripheral products, stainless steel sash products, smoking area systems, security produc...
Fulltech Co. Ltd. Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
74
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.52B | 13.57B | 13.81B | 12.78B | 11.94B | 11.51B |
| Gross Profit | 4.69B | 4.72B | 4.64B | 4.05B | 3.57B | 4.04B |
| EBITDA | 720.82M | 699.84M | 824.37M | 621.50M | 230.74M | 775.37M |
| Net Income | 399.31M | 250.06M | 457.90M | 239.21M | 94.05M | 436.61M |
Balance Sheet | ||||||
| Total Assets | 11.07B | 11.43B | 12.31B | 12.08B | 10.90B | 11.11B |
| Cash, Cash Equivalents and Short-Term Investments | 2.14B | 1.80B | 2.84B | 2.65B | 1.81B | 1.86B |
| Total Debt | 593.00M | 823.05M | 696.84M | 751.66M | 92.09M | 211.31M |
| Total Liabilities | 4.27B | 4.43B | 5.63B | 5.68B | 4.74B | 4.66B |
| Stockholders Equity | 6.80B | 7.00B | 6.69B | 6.41B | 6.15B | 6.45B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -1.00B | 644.64M | 387.46M | 310.57M | 450.42M |
| Operating Cash Flow | 0.00 | -872.77M | 753.16M | 649.01M | 376.44M | 490.10M |
| Investing Cash Flow | 0.00 | -215.09M | -66.83M | -318.51M | -136.83M | -312.15M |
| Financing Cash Flow | 0.00 | -45.59M | -503.30M | 509.28M | -287.79M | -212.99M |
Fulltech Co. Ltd. Technical Analysis
Neutral
1201.00
Price Trends
1147.18
Negative
1162.42
Negative
1155.48
Negative
Market Momentum
-5.66
Negative
52.86
Neutral
74.40
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 above the 20-day moving average (MA) of 1119.35, above the 50-day MA of 1147.18, and above the 200-day MA of 1155.48, indicating a neutral trend. The MACD of -5.66 indicates Negative momentum. The RSI at 52.86 is Neutral, neither overbought nor oversold. The STOCH value of 74.40 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
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥5.47B | 8.84 | ― | 6.61% | -30.65% | -46.85% | |
71 Outperform | ¥6.39B | 16.81 | ― | 4.08% | -11.74% | -46.96% | |
70 Outperform | ¥5.72B | 6.11 | ― | 2.50% | 9.07% | ― | |
67 Neutral | ¥7.30B | 3.03 | ― | 1.37% | -3.05% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | ¥5.51B | 17.92 | ― | ― | 9.59% | 54.63% | |
53 Neutral | ¥6.11B | 25.18 | ― | 2.64% | 2.49% | -32.03% |
* Industrials Sector Average
JP:6546
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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.