RIVER ELETEC CORPORATION (6666) AI Stock Analysis

• Market Cap: ¥3.78B
• Dividend Yield: 2.34%
• Average Volume (3M): 82.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: 5.73%
• EPS Growth: -196.72%
• Country: JP
• Employees: 208
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -15.06
• Shares Outstanding: 8,692,652
• 10 Day Avg. Volume: 20,100
• 30 Day Avg. Volume: 82,613
• PEG Ratio: 1.04
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.57
• P/FCF Ratio: -4.02
• 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: ¥442.00
• Price Target Upside: 0.91% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: ¥442.00 ▲(0.91% Upside)

The overall stock score is primarily influenced by financial performance challenges, including declining profitability and high leverage. Technical analysis indicates a bearish trend with potential oversold conditions, while valuation metrics reflect unprofitability. The absence of earnings call data and corporate events limits further insights.

RIVER ELETEC CORPORATION Business Overview & Revenue Model

Company Description

River Eletec Corporation, together with its subsidiaries, develops, produces, and sells quartz crystal units, crystal oscillators, resistors, and other components. The company offers AT-cut, tuning fork, and KoT-cut OPAW crystal units; and KoT-cut OPAW, MHz, and kHz crystal oscillators. Its products are used in smartphones, in-vehicle, wireless communication/IoT, audiovisual equipment, and medical/healthcare fields. The company was formerly known as Fuji Sangyo Company and changed its name to River Eletec Corporation in October 1991. River Eletec Corporation was founded in 1949 and is headquartered in Nirasaki, Japan.

How the Company Makes Money

RIVER ELETEC CORPORATION generates revenue primarily through the sale of its crystal devices and electronic components. These products are crucial for the functioning of a wide range of electronic equipment, serving industries such as telecommunications, where they are used in mobile phones and network infrastructure; the automotive industry, which requires precision components for electronic systems; and consumer electronics, where their products are integrated into devices like computers and televisions. The company may also engage in partnerships with other technology firms to develop customized solutions, enhancing its market reach and revenue potential. The demand for high-precision and reliable electronic components positions RIVER ELETEC as a key supplier in the global electronics market.

RIVER ELETEC CORPORATION Financial Statement Overview

Summary

The company shows fluctuating revenues with a recent downturn and negative net income, despite a positive EBITDA margin. The balance sheet is stable with effective debt management, but significant liabilities pose a risk. Cash flow issues are concerning, with negative free cash flow and declining operating cash flow, indicating a need for improved cost management and revenue growth.

Income Statement

The income statement shows fluctuating revenues with a recent downturn, as seen in the drop from 2023 to 2024 and continued decline in 2025. Gross profit margin is relatively high, but the company has struggled to maintain profitability, evidenced by a negative EBIT and net income in the most recent year. EBITDA margin remains positive, indicating some operational efficiency. The overall picture points to a need for improved cost management and revenue growth to achieve sustainable profitability.

Balance Sheet

The balance sheet reflects a moderately strong equity position, with a debt-to-equity ratio improving over time, indicating effective debt management. The equity ratio is stable, showing a solid asset base backed by equity. However, the company's liabilities remain significant, which poses a risk in terms of financial leverage. Overall, the balance sheet is solid but highlights the need for careful balancing of debt and equity to ensure long-term stability.

Cash Flow

Cash flow analysis reveals a concerning decline in free cash flow, which has turned negative in the latest year, largely due to significant capital expenditures. Operating cash flow remains positive but has decreased significantly, indicating challenges in cash generation from operations. The operating cash flow to net income ratio suggests that cash generation is not fully supporting earnings, highlighting the need for improved operational efficiency and cost control.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.88B	5.70B	5.45B	6.86B	7.42B	5.46B
Gross Profit	1.21B	1.26B	1.28B	2.43B	2.50B	1.65B
EBITDA	492.07M	619.60M	575.46M	1.82B	1.89B	1.04B
Net Income	-235.22M	-79.49M	-133.27M	893.97M	1.11B	558.85M
Balance Sheet
Total Assets	10.69B	10.79B	10.18B	10.13B	9.14B	7.90B
Cash, Cash Equivalents and Short-Term Investments	3.17B	2.85B	2.77B	2.53B	1.93B	1.71B
Total Debt	4.87B	4.73B	4.01B	3.78B	3.59B	4.74B
Total Liabilities	6.48B	6.29B	5.73B	5.32B	5.24B	6.27B
Stockholders Equity	4.21B	4.50B	4.45B	4.81B	3.91B	1.63B
Cash Flow
Free Cash Flow	-590.82M	-806.14M	309.40M	286.79M	-21.65M	101.04M
Operating Cash Flow	409.42M	186.04M	973.52M	1.25B	1.11B	591.80M
Investing Cash Flow	-866.73M	-859.31M	-705.48M	-1.03B	-1.17B	-611.11M
Financing Cash Flow	224.54M	722.97M	-160.50M	219.03M	153.92M	78.24M

RIVER ELETEC CORPORATION Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 438.00
• 50DMA: Negative
• 100DMA: Negative
• 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:6666, the sentiment is Negative. The current price of 438 is below the 20-day moving average (MA) of 452.66, below the 50-day MA of 450.64, and above the 200-day MA of 425.24, indicating a neutral trend. The MACD of -6.70 indicates Positive momentum. The RSI at 45.45 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6666.

RIVER ELETEC CORPORATION Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6779	76 Outperform	¥25.82B	15.80	―	2.56%	3.56%	-44.16%
6957	75 Outperform	¥109.21B	36.16	―	2.12%	4.48%	-39.40%
6787	71 Outperform	¥250.37B	15.42	―	0.87%	15.13%	31.79%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6976	59 Neutral	¥464.67B	―	―	2.54%	4.21%	-135.36%
6962	52 Neutral	€18.14B	67.44	-1.44%	4.76%	-4.22%	-129.65%
6666	46 Neutral	¥3.78B	―	―	2.34%	5.73%	-196.72%