Seiko Epson (6724) AI Stock Analysis

• Market Cap: ¥618.05B
• Dividend Yield: 3.69%
• Average Volume (3M): 1.18M
• Price to Earnings (P/E): 9.5
• Beta (1Y): 0.91
• Revenue Growth: 0.48%
• EPS Growth: 6.92%
• Country: JP
• Employees: 75,352
• Sector: Technology
• Sector Strength: 88
• Industry: Computer Hardware
• EPS (TTM): 52.37
• Shares Outstanding: 373,573,150
• 10 Day Avg. Volume: 1,225,370
• 30 Day Avg. Volume: 1,183,960
• PEG Ratio: 2.23
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.57
• P/FCF Ratio: 9.91
• 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): 132.96
• Revenue Forecast (FY): ¥1.37T

• Rating: 67 Neutral
• Price Target: ¥2,267.00 ▲(13.10% Upside)
• Action: Downgraded Date: 02/05/26
• Date: Action: Downgraded 02/05/26

The score reflects solid technical strength (price above major moving averages with positive momentum) and a supportive valuation (P/E ~15 with ~3.66% yield), offset by mixed fundamentals—profitability and returns have declined versus prior years and cash conversion has weakened despite a resilient balance sheet.

Positive Factors

Recurring consumables/installed-base monetization

Epson’s business model captures durable recurring revenue from consumables tied to a large installed base. High-frequency purchases of ink and supplies create a predictable, repeat revenue stream that smooths cycles and supports long-term gross-margin stability and cash flow visibility.

Negative Factors

Compressed net margins

Net margin erosion versus prior years signals reduced earnings power. Sustained margin compression—whether from pricing pressure, mix shifts toward lower-margin segments, or higher input costs—diminishes long-term free cash flow potential and constrains the company’s ability to restore prior returns.

Seiko Epson Business Overview & Revenue Model

Company Description

Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses. It operates thr...

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Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses. It operates thr...

How the Company Makes Money

Seiko Epson generates revenue through multiple key streams. The largest portion comes from its printer business, which includes sales of inkjet and laser printers, along with consumables such as ink cartridges and paper. The company also earns sig...

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Seiko Epson generates revenue through multiple key streams. The largest portion comes from its printer business, which includes sales of inkjet and laser printers, along with consumables such as ink cartridges and paper. The company also earns sig...

Seiko Epson Financial Statement Overview

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	1.38T	1.36T	1.31T	1.33T	1.13T	995.94B
Gross Profit	496.04B	493.03B	456.67B	466.65B	418.45B	352.38B
EBITDA	136.38B	138.33B	126.39B	158.09B	147.83B	103.21B
Net Income	43.24B	55.18B	52.62B	75.04B	92.29B	30.92B
Balance Sheet
Total Assets	1.52T	1.46T	1.41T	1.34T	1.27T	1.16T
Cash, Cash Equivalents and Short-Term Investments	253.97B	267.00B	328.48B	267.38B	335.24B	304.01B
Total Debt	222.55B	154.72B	185.20B	203.29B	225.15B	245.42B
Total Liabilities	668.67B	651.57B	601.96B	614.10B	600.68B	608.36B
Stockholders Equity	855.96B	804.75B	810.99B	727.35B	665.63B	550.92B
Cash Flow
Free Cash Flow	36.27B	78.71B	116.00B	10.76B	72.20B	85.72B
Operating Cash Flow	91.46B	138.07B	165.57B	61.31B	110.80B	133.22B
Investing Cash Flow	-62.89B	-150.79B	-58.98B	-61.60B	-44.08B	-57.45B
Financing Cash Flow	-42.34B	-45.13B	-65.39B	-79.35B	-51.77B	23.15B

Seiko Epson Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2004.50
• 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:6724, the sentiment is Neutral. The current price of 2004.5 is below the 20-day moving average (MA) of 2009.17, below the 50-day MA of 2038.00, and above the 200-day MA of 1942.05, indicating a neutral trend. The MACD of -27.12 indicates Positive momentum. The RSI at 44.98 is Neutral, neither overbought nor oversold. The STOCH value of 30.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6724.

Seiko Epson Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7739	76 Outperform	¥148.33B	22.89	―	1.92%	7.46%	-8.01%
7751	69 Neutral	¥4.12T	12.61	―	3.27%	4.02%	-41.52%
6724	67 Neutral	¥618.05B	9.47	6.07%	3.69%	0.48%	6.92%
6737	67 Neutral	¥87.00B	11.91	―	4.76%	1.81%	9.07%
6413	66 Neutral	¥70.76B	13.85	―	4.01%	0.31%	-11.70%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6588	55 Neutral	¥155.03B	33.83	-6.21%	1.61%	-4.91%	-136.94%