ULVAC (6728) AI Stock Analysis

• Market Cap: $303.92B
• Dividend Yield: 2.67%
• Average Volume (3M): 403.56K
• Price to Earnings (P/E): 18.2
• Beta (1Y): 1.42
• Revenue Growth: -3.80%
• EPS Growth: -17.51%
• Country: JP
• Employees: 6,234
• Sector: Industrials
• Sector Strength: 78
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 72.69
• Shares Outstanding: 49,355,934
• 10 Day Avg. Volume: 425,310
• 30 Day Avg. Volume: 403,556
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.69
• Enterprise Value/Revenue: 0.79
• Enterprise Value/Gross Profit: 2.50
• Enterprise Value/Ebitda: 5.20
• 1Y Price Target: $6,375.06
• Price Target Upside: 3.68% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 70 Outperform
• Price Target: ¥6,150.00 ▲(0.02% Upside)

ULVAC's strong financial performance and improving cash flow dynamics are the primary strengths, supported by a stable balance sheet. While technical analysis shows positive momentum, the overbought indicators suggest caution. The valuation is balanced, offering moderate growth potential with a reasonable dividend yield.

ULVAC Business Overview & Revenue Model

Company Description

ULVAC, Inc. engages in the development, manufacture, sale, customer support, and import/export of vacuum equipment, peripheral devices, and vacuum components and materials in Japan and internationally. The company offers various equipment, including sputtering, chemical vapor deposition, vacuum evaporation, vapor deposition polymerization, ashing, etching, ion implantation, vacuum furnaces, roll coaters, freeze drying/vacuum drying, vacuum distillation systems, and other products. It also provides components that comprise vacuum pumps, vacuum gauges, process gas monitors, leak detectors, spectroscopic ellipsometers, deposition controllers, vacuum valves, power supplies, vacuum transfer robots, molecular interaction analyzers, microplate paddle mixers, film forming equipment, refrigerators, and heat treatment and thermal properties. In addition, the company offers sputtering targets, high performance materials, and nano-metal inks, as well as deposition and etching technologies used in packaging processes; technical solutions for the production of power devices; delivering systems for SiC and Si; and solutions for micro-powder dry systems and touch screens. It serves display, solar cell, semiconductor, electronics, electrics, metals, machinery, automotive, chemical, food, and pharmaceutical industries, as well as universities and research centers. The company was incorporated in 1929 and is headquartered in Chigasaki, Japan.

How the Company Makes Money

ULVAC makes money by selling its advanced vacuum technologies and equipment to various high-tech industries. The company's revenue model is largely based on the sales of vacuum pumps, thin film deposition systems, and other vacuum-related devices that are essential in manufacturing semiconductors, displays, and photovoltaic cells. ULVAC also generates income through the sale of spare parts and the provision of maintenance services, ensuring the longevity and optimal performance of its equipment. Significant partnerships with leading technology companies and research institutions also bolster ULVAC's revenue, allowing it to engage in co-development projects and expand its market reach. Additionally, the company invests in research and development to innovate and enhance its product offerings, which helps maintain its competitive edge and supports sustained revenue growth.

ULVAC Financial Statement Overview

Summary

ULVAC presents a robust financial profile with strong profitability, financial stability, and improving cash flow dynamics. Revenue growth and profit margins are commendable, while the balance sheet reflects low leverage and strong equity. Cash flow performance has rebounded positively, although monitoring capital expenditure and free cash flow consistency remains crucial. Overall, ULVAC is well-positioned for sustainable growth in the hardware, equipment, and parts industry.

Income Statement

The income statement reflects strong profitability with a consistent growth trajectory. The Gross Profit Margin and Net Profit Margin are robust at 31.8% and 7.6% respectively for TTM, indicating effective cost management. Revenue has shown a steady growth trend over the years, with a notable increase of 15.9% from 2023 to 2024. EBIT and EBITDA margins are healthy, further highlighting operational efficiency.

Balance Sheet

The balance sheet exhibits a stable financial position with a strong equity base. The Debt-to-Equity Ratio is conservative at 0.26, indicating low leverage risks. The Equity Ratio stands strong at 57.1%, underscoring financial stability. Return on Equity is satisfactory at 9.2%, showcasing effective utilization of equity capital. The company's asset base has grown steadily, which supports future growth prospects.

Cash Flow

The cash flow statement indicates solid cash generation with a remarkable recovery in Free Cash Flow, turning positive to 15.6 billion JPY in TTM. The Operating Cash Flow to Net Income Ratio is healthy, illustrating efficient cash conversion. Despite prior fluctuations, the Free Cash Flow trajectory is positive, suggesting improved capital expenditure management.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	261.12B	227.53B	241.26B	183.01B	185.40B
Gross Profit	80.66B	67.16B	73.74B	53.76B	50.60B
EBITDA	39.20B	28.19B	38.65B	25.58B	23.81B
Net Income	20.23B	14.17B	20.21B	14.83B	10.77B
Balance Sheet
Total Assets	388.65B	353.47B	354.30B	292.76B	282.35B
Cash, Cash Equivalents and Short-Term Investments	96.33B	98.40B	118.04B	91.55B	80.69B
Total Debt	50.69B	45.89B	42.77B	42.53B	52.51B
Total Liabilities	160.93B	148.62B	157.82B	119.06B	121.26B
Stockholders Equity	220.43B	198.21B	188.98B	166.90B	154.25B
Cash Flow
Free Cash Flow	-2.72B	-15.30B	26.59B	18.37B	9.91B
Operating Cash Flow	17.16B	1.01B	33.93B	25.52B	18.74B
Investing Cash Flow	-19.52B	-15.67B	-7.43B	-6.92B	-4.14B
Financing Cash Flow	-2.78B	-5.44B	-6.45B	-16.06B	7.46B

ULVAC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6149.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6728, the sentiment is Positive. The current price of 6149 is above the 20-day moving average (MA) of 5612.15, above the 50-day MA of 5308.03, and above the 200-day MA of 5478.53, indicating a bullish trend. The MACD of 180.76 indicates Negative momentum. The RSI at 76.42 is Negative, neither overbought nor oversold. The STOCH value of 74.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6728.

ULVAC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6728	70 Outperform	$303.92B	18.22	7.63%	2.67%	-3.80%	-17.51%
Sector *	66 Neutral	£2.67B	12.64	3.41%	3.24%	2.46%	-22.21%
HPHTF	―	$3.55B	36.29	4.46%	3.44%	―	―
HRSEF	―	$4.18B	20.24	8.68%	2.88%	―	―
OMRNF	―	$5.27B	24.17	4.20%	2.66%	―	―
6951	78 Outperform	¥239.29B	12.33		1.96%	10.15%	-18.57%
6590	73 Outperform	¥128.80B	11.73		2.89%	21.11%	17.88%

ULVAC Corporate Events

ULVAC Announces Key Executive Appointment to Drive Growth

ULVAC, Inc. announced a significant executive change with the appointment of Eric Ries as Executive Officer and General Manager of the Growth & Development Division, effective July 1, 2025. This strategic move aims to bolster the company’s management planning and growth initiatives, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (JP:6728) stock is a Buy with a Yen14050.00 price target. To see the full list of analyst forecasts on ULVAC stock, see the JP:6728 Stock Forecast page.

ULVAC Announces Corrections to Personnel Changes

ULVAC, Inc. announced corrections to its previously disclosed personnel changes, highlighting adjustments in its executive and director positions. These corrections involve the removal of Shinji Takahashi from the list of changes and the addition of Tetsuya Shimada as Senior Managing Director and CSO, reflecting the company’s commitment to accurate and transparent communication with its stakeholders.

The most recent analyst rating on (JP:6728) stock is a Buy with a Yen14050.00 price target. To see the full list of analyst forecasts on ULVAC stock, see the JP:6728 Stock Forecast page.

ULVAC Unveils ‘Value-Up Plan’ Amid Industry Shifts

ULVAC, Inc. announced the abolition of its current mid-term management plan in favor of a new ‘Value-Up Plan’ to adapt to changes in the external environment, particularly the slowdown in EV-related businesses. The new plan, set to begin in the fiscal year ending June 2026, focuses on accelerating growth and profitability by concentrating on semiconductors and electronics, restructuring low-profitability areas, and improving production efficiency. This strategic shift is expected to enhance corporate value and improve capital market evaluations.

The most recent analyst rating on (JP:6728) stock is a Buy with a Yen14050.00 price target. To see the full list of analyst forecasts on ULVAC stock, see the JP:6728 Stock Forecast page.

ULVAC Announces Executive Leadership Changes

ULVAC, Inc. announced significant personnel changes in its executive team, effective July 1, 2025, with further appointments to be confirmed at the upcoming shareholders meeting in September. These changes are expected to strengthen the company’s strategic management and operational efficiency, potentially impacting its market position and stakeholder engagement positively.

The most recent analyst rating on (JP:6728) stock is a Buy with a Yen14050.00 price target. To see the full list of analyst forecasts on ULVAC stock, see the JP:6728 Stock Forecast page.

ULVAC Reports Modest Growth Amid Revised Earnings Forecast

ULVAC, Inc. reported its consolidated financial results for the nine months ending March 31, 2025, showing modest growth in net sales and operating profit compared to the previous year, despite a slight decline in profit attributable to owners of the parent. The company revised its earnings forecast for the fiscal year ending June 30, 2025, anticipating a decrease in net sales and profits, which may impact stakeholders’ expectations and the company’s market positioning.

The most recent analyst rating on (JP:6728) stock is a Buy with a Yen14050.00 price target. To see the full list of analyst forecasts on ULVAC stock, see the JP:6728 Stock Forecast page.

ULVAC Revises Earnings Forecasts Amid EV Market Slowdown

ULVAC, Inc. has revised its full-year earnings forecasts downward for the fiscal year ending June 30, 2025, citing a slowdown in the electric vehicle-related business as a key factor. Despite the reduced earnings expectations, the company has decided to maintain its year-end dividend forecast at 164 yen per share, emphasizing its commitment to providing stable dividends to shareholders.

The most recent analyst rating on (JP:6728) stock is a Buy with a Yen14050.00 price target. To see the full list of analyst forecasts on ULVAC stock, see the JP:6728 Stock Forecast page.