Adtec Plasma Technology Co., Ltd. (6668) AI Stock Analysis

• Market Cap: ¥10.76B
• Dividend Yield: 1.66%
• Average Volume (3M): 113.04K
• Price to Earnings (P/E): 5.3
• Beta (1Y): 1.03
• Revenue Growth: 12.23%
• EPS Growth: 65.42%
• Country: JP
• Employees: 506
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 73.35
• Shares Outstanding: 8,586,000
• 10 Day Avg. Volume: 119,330
• 30 Day Avg. Volume: 113,036
• PEG Ratio: 0.08
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 0.84
• P/FCF Ratio: 3.43
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: ¥1,380.00 ▲(10.14% Upside)

Adtec Plasma Technology Co., Ltd. scores well due to its strong financial performance and attractive valuation, despite mixed technical indicators. The company's profitability and balance sheet strength are significant positives, but attention to revenue growth and cash flow stability is necessary. The stock's low P/E ratio suggests potential undervaluation, providing a compelling investment case.

Positive Factors

Strong Profitability

Improved net profit margin indicates effective cost management and operational efficiency, supporting long-term profitability.

Balance Sheet Strength

Reduced leverage enhances financial stability and flexibility, allowing for better capital management and future investment opportunities.

Cash Generation Ability

Strong cash generation relative to profits ensures liquidity and supports reinvestment in growth and innovation, crucial for long-term success.

Negative Factors

Revenue Decline

Recent revenue decline poses a challenge to future expansion and market competitiveness, potentially impacting long-term growth prospects.

Cash Flow Volatility

Volatile cash flows can lead to liquidity risks, affecting the company's ability to fund operations and invest in growth consistently.

High Debt Levels

Despite improved ratios, high debt levels can strain resources and limit financial flexibility, impacting long-term stability and growth.

Adtec Plasma Technology Co., Ltd. Business Overview & Revenue Model

Company Description

Adtec Plasma Technology Co., Ltd. (6668) is a leading provider of advanced plasma technology solutions, specializing in the development and manufacturing of plasma equipment and systems for various industrial applications. The company operates primarily in the semiconductor, electronics, and material processing sectors, offering products such as plasma etchers, plasma cleaners, and surface treatment solutions. Adtec aims to enhance production efficiency and product quality for its clients by leveraging innovative plasma technology.

How the Company Makes Money

Adtec Plasma Technology generates revenue through the sale of its plasma equipment and systems, which are utilized in semiconductor fabrication and material processing industries. Key revenue streams include direct sales of plasma machines, maintenance services, and consumables associated with the operation of its equipment. The company also benefits from significant partnerships with major players in the semiconductor industry, which help to secure long-term contracts and enhance its market presence. Additionally, Adtec invests in research and development to innovate and improve its product offerings, ensuring consistent demand and competitiveness in the market.

Adtec Plasma Technology Co., Ltd. Financial Statement Overview

Summary

Adtec Plasma Technology Co., Ltd. maintains a strong financial position with solid profitability and an improved cash flow profile. Despite a decline in revenue, the company's margins and balance sheet indicators suggest resilience and financial stability.

Income Statement

The company showed a declining revenue trend with a revenue fall of 9.6% in the most recent year. However, gross and net profit margins remain solid at 37.2% and 10.7%, respectively, suggesting strong profitability. The EBIT and EBITDA margins of 13.1% and 19.7% also indicate efficient cost management.

Balance Sheet

The balance sheet is strong with a debt-to-equity ratio of 1.09, indicating a moderate level of leverage. The return on equity (ROE) is commendable at 10.0%, showing effective use of equity funding. An equity ratio of 45.4% reflects a robust financial position.

Cash Flow

Free cash flow improved significantly to ¥2.1 billion from previous negative levels, indicating better cash management. The operating cash flow to net income ratio is favorable at 2.50, demonstrating efficient cash generation from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.68B	12.68B	11.30B	12.50B	12.34B	8.00B
Gross Profit	4.82B	4.82B	4.20B	5.11B	5.40B	3.16B
EBITDA	2.33B	2.33B	2.23B	2.69B	3.36B	1.41B
Net Income	2.01B	2.01B	1.21B	1.68B	2.17B	875.22M
Balance Sheet
Total Assets	27.22B	27.22B	26.65B	27.25B	20.83B	12.91B
Cash, Cash Equivalents and Short-Term Investments	8.28B	8.28B	6.39B	5.93B	4.28B	2.91B
Total Debt	12.29B	12.29B	13.22B	14.61B	9.40B	4.82B
Total Liabilities	14.04B	14.04B	14.55B	16.38B	11.68B	6.07B
Stockholders Equity	13.18B	13.18B	12.10B	10.87B	9.14B	6.83B
Cash Flow
Free Cash Flow	0.00	3.10B	2.10B	-3.43B	-3.28B	-382.03M
Operating Cash Flow	0.00	3.36B	3.03B	-1.50B	-1.58B	-185.49M
Investing Cash Flow	0.00	-259.00M	-937.00M	-1.94B	-1.71B	-226.14M
Financing Cash Flow	0.00	-1.10B	-1.67B	5.00B	4.21B	169.62M

Adtec Plasma Technology Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1253.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6668, the sentiment is Neutral. The current price of 1253 is above the 20-day moving average (MA) of 1247.00, below the 50-day MA of 1275.72, and below the 200-day MA of 1294.83, indicating a neutral trend. The MACD of -3.90 indicates Negative momentum. The RSI at 49.28 is Neutral, neither overbought nor oversold. The STOCH value of 39.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6668.

Adtec Plasma Technology Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6647	80 Outperform	¥3.05B	5.32	―	2.25%	14.26%	280.42%
5819	77 Outperform	¥12.80B	10.76	―	2.95%	3.43%	3.75%
7711	72 Outperform	¥35.45B	43.04	―	0.65%	10.13%	24.53%
6668	71 Outperform	¥10.76B	5.35	―	1.66%	12.23%	65.42%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6882	61 Neutral	¥12.52B	34.16	―	4.49%	-11.74%	-84.61%