Optoelectronics Co., Ltd. (6664) AI Stock Analysis

• Market Cap: ¥5.14B
• Dividend Yield: N/A
• Average Volume (3M): 35.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• Revenue Growth: 5.29%
• EPS Growth: 47.66%
• Country: JP
• Employees: 174
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -20.65
• Shares Outstanding: 15,000,000
• 10 Day Avg. Volume: 13,540
• 30 Day Avg. Volume: 35,336
• PEG Ratio: 0.15
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.32
• P/FCF Ratio: -21.45
• 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: 48 Neutral
• Price Target: ¥332.00 ▲(4.08% Upside)
• Action: Reiterated Date: 01/16/26
• Date: Action: Reiterated 01/16/26

The score is held back mainly by weak financial performance (ongoing losses and negative free cash flow) and limited valuation support due to a negative P/E. Technicals are the main positive, with the stock in an uptrend and improving momentum signals.

Positive Factors

Revenue recovery

A sharp revenue rebound indicates renewed demand and improving order flow across end markets. Sustained top-line recovery can enable operating leverage, fund R&D and capacity investments, and shorten the path to sustainable profitability if margins and cash conversion hold.

Gross margin resilience

A solid gross margin around 37% shows the company retains product-level pricing power and/or cost advantages. If sustained, this margin base supports scalability: revenue growth can more readily flow to operating profit once fixed costs are absorbed and supply-chain efficiencies are maintained.

Diversified customers & long-term contracts

Long-term contracts and partnerships with major tech firms plus sales across telecom, consumer and industrial markets reduce revenue volatility. This diversification creates more predictable cash streams and supports continued R&D and product investment, strengthening competitive positioning over time.

Negative Factors

Ongoing unprofitability

Persistent negative net income undermines return generation for shareholders and limits internal funding for growth. Without a durable shift to operating profitability, the firm faces ongoing dilution of equity value, constrained reinvestment capacity, and greater reliance on external capital.

Negative free cash flow

Negative free cash flow signals the business is not yet self-funding; it must rely on external financing to support capex and operations. Over the medium term this raises refinancing and liquidity risk, limits strategic flexibility, and increases sensitivity to tighter credit conditions.

Elevated leverage

A debt-to-equity ratio near 1.0 is meaningful given the current loss-making profile; interest and principal obligations constrain cash available for growth. Until consistent profits and cash flow emerge, leverage amplifies financial risk and may limit M&A or incremental R&D spending.

Optoelectronics Co., Ltd. Business Overview & Revenue Model

Company Description

Optoelectronics Co.,Ltd. develops, manufactures, and sells automatic recognition devices in Japan and internationally. It offers 2D imagers and 1D laser/CCD module engines, handy scanners, data collectors, handy terminals, and desktop/embedded and stationary scanners. The company was incorporated in 1976 and is headquartered in Warabi, Japan.

How the Company Makes Money

Optoelectronics Co., Ltd. generates revenue primarily through the sale of its optoelectronic components and systems to a diverse range of industries. The company's key revenue streams include the direct sale of products like LEDs and photodetectors to manufacturers in telecommunications and consumer electronics sectors. Additionally, Optoelectronics benefits from long-term contracts and partnerships with major tech firms, which provide a stable income base. The company also invests in research and development to create advanced technologies, enabling it to tap into emerging markets and applications, thus contributing to its overall earnings.

Optoelectronics Co., Ltd. Financial Statement Overview

Summary

Revenue rebounded sharply, but the company remains unprofitable with negative net income. Leverage is still meaningful (though improving), and cash flow quality is weak with negative free cash flow despite a small uptick in operating cash flow.

Income Statement

Revenue rebounded strongly in the latest annual period (up ~224% versus the prior year), but profitability remains weak. Gross margin is still solid (~37%) yet operating profit and net income are negative, indicating the cost structure is not currently supporting sustainable earnings. The company has improved meaningfully from the prior year’s deeper losses, but it has not re-established consistent profitability compared with the 2021 profit peak.

Balance Sheet

Leverage is elevated but improving: debt is roughly in line with equity (debt-to-equity ~1.0 in the latest year, down from ~1.39–1.41 previously). Equity remains sizable, which provides some balance sheet support, but returns on equity are negative due to ongoing losses. Overall, the balance sheet is not distressed, but it is still burdened by meaningful debt relative to the earnings profile.

Cash Flow

Cash generation is still a concern. Operating cash flow turned slightly positive in the latest year, but it is small relative to the scale of the business and free cash flow remains negative, implying continued cash burn after investment needs. While this is an improvement versus prior years with materially negative operating and free cash flow, the cash flow profile is not yet strong or consistently self-funding.

Breakdown	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021
Income Statement
Total Revenue	6.77B	6.34B	6.88B	7.21B	8.32B
Gross Profit	2.48B	2.48B	2.85B	3.00B	3.61B
EBITDA	36.25M	-392.62M	-305.37M	371.55M	735.15M
Net Income	-226.03M	-672.02M	-815.29M	-47.54M	448.20M
Balance Sheet
Total Assets	11.35B	13.51B	15.56B	15.16B	12.77B
Cash, Cash Equivalents and Short-Term Investments	3.73B	5.06B	6.54B	6.65B	5.84B
Total Debt	5.26B	6.83B	7.85B	6.56B	6.10B
Total Liabilities	6.18B	8.61B	10.00B	9.27B	7.72B
Stockholders Equity	5.17B	4.90B	5.57B	5.89B	5.05B
Cash Flow
Free Cash Flow	-101.63M	-425.04M	-1.70B	-209.99M	1.33B
Operating Cash Flow	50.58M	-251.33M	-1.49B	-123.26M	1.37B
Investing Cash Flow	164.13M	-21.16M	-337.80M	-250.56M	-239.12M
Financing Cash Flow	-1.57B	-1.02B	1.30B	453.71M	-119.38M

Optoelectronics Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 319.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6664, the sentiment is Positive. The current price of 319 is below the 20-day moving average (MA) of 331.00, below the 50-day MA of 328.00, and above the 200-day MA of 296.08, indicating a bullish trend. The MACD of 4.22 indicates Negative momentum. The RSI at 61.64 is Neutral, neither overbought nor oversold. The STOCH value of 39.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6664.

Optoelectronics Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6663	71 Outperform	¥2.27B	16.60	―	1.23%	-7.80%	-4418.51%
6969	71 Outperform	¥3.21B	7.93	―	―	16.21%	3915.63%
6928	69 Neutral	¥22.85B	21.34	―	2.92%	9.64%	163.46%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6867	52 Neutral	¥1.91B	-106.28	―	3.02%	-0.26%	―
6775	51 Neutral	¥2.41B	-10.66	―	―	10.78%	26.78%
6664	48 Neutral	¥5.14B	-9.38	―	―	5.29%	47.66%