Anritsu (6754) AI Stock Analysis

• Market Cap: $312.56B
• Dividend Yield: 2.2%
• Average Volume (3M): 1.08M
• Price to Earnings (P/E): 28.2
• Beta (1Y): 1.05
• Revenue Growth: -0.89%
• EPS Growth: 53.87%
• Country: JP
• Employees: 3,966
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 25.19
• Shares Outstanding: 135,870,590
• 10 Day Avg. Volume: 928,330
• 30 Day Avg. Volume: 1,078,236
• PEG Ratio: 0.92
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 1.56
• P/FCF Ratio: 9.48
• Enterprise Value/Market Cap: 0.62
• Enterprise Value/Revenue: 1.73
• Enterprise Value/Gross Profit: 3.49
• Enterprise Value/Ebitda: 10.50
• 1Y Price Target: $2,302.90
• Price Target Upside: -3.02% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: ¥2,075.00 ▼(-12.61% Downside)

Anritsu's overall stock score is driven by its strong financial performance and bullish technical indicators. The company's solid balance sheet and cash flow improvements provide a stable foundation. However, the high P/E ratio and potential overbought technical signals suggest caution. The absence of recent earnings call data and corporate events limits additional insights.

Positive Factors

Cash Generation Ability

Improved cash generation enhances Anritsu's ability to reinvest in growth opportunities and maintain financial flexibility, supporting long-term stability.

Balance Sheet Health

Low leverage and a strong equity position provide Anritsu with a solid foundation to weather market fluctuations and invest in strategic initiatives.

Profitability

A stable net profit margin indicates operational efficiency and the ability to sustain profitability, which is crucial for long-term growth and shareholder value.

Negative Factors

Revenue Growth Decline

A decline in revenue growth may indicate challenges in maintaining sales momentum, potentially impacting Anritsu's ability to expand market share and drive future growth.

Revenue Growth

Sustained negative revenue growth can hinder Anritsu's capacity to capitalize on emerging market opportunities, affecting long-term competitive positioning.

Cash Flow Variability

Variability in cash flow management may lead to inconsistent cash availability, affecting Anritsu's ability to fund operations and strategic investments reliably.

Anritsu Business Overview & Revenue Model

Company Description

Anritsu Corporation (6754) is a Japanese multinational company specializing in the development of advanced communication test and measurement solutions. The company operates primarily in the telecommunications, manufacturing, and automotive sectors, providing a range of products and services that include network testing, signal analysis, and optical testing equipment. Anritsu's core offerings are critical for ensuring the performance and reliability of communication networks, particularly in the era of 5G and IoT innovations.

How the Company Makes Money

Anritsu generates revenue through the sale of its test and measurement equipment, software solutions, and related services. Key revenue streams include the sales of hardware such as signal analyzers, network testers, and optical measurement tools, which are essential for telecommunications companies and service providers. The company also earns income from software licensing and maintenance contracts, as well as training and support services. Strategic partnerships with major telecommunications firms and technology companies enhance its market reach and drive sales. Additionally, Anritsu's focus on emerging technologies, such as 5G and IoT, positions it to capitalize on growing demand for high-performance testing solutions.

Anritsu Financial Statement Overview

Summary

Anritsu demonstrates strong financial health with stable profitability and a solid balance sheet. The income statement shows consistent margins, but the recent decline in revenue growth could pose a risk. The company's low leverage and strong equity position provide a buffer against potential market fluctuations, while cash flow improvements suggest effective financial management.

Income Statement

Anritsu's income statement shows a stable gross profit margin around 49%, with a slight decline in revenue growth rate in the TTM period. The net profit margin remains healthy at approximately 8.2%. The EBIT and EBITDA margins are consistent, indicating operational efficiency. However, the negative revenue growth in the TTM suggests potential challenges in maintaining sales momentum.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.03, indicating low leverage and financial stability. The return on equity is reasonable at about 7.4%, reflecting decent profitability. The equity ratio is solid, suggesting a strong capital structure with a high proportion of equity financing.

Cash Flow

Cash flow analysis reveals a positive free cash flow growth rate in the TTM, indicating improved cash generation. The operating cash flow to net income ratio is stable, suggesting efficient cash conversion. However, the free cash flow to net income ratio shows some variability, indicating potential fluctuations in cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	111.37B	112.98B	109.95B	110.92B	105.39B	105.94B
Gross Profit	55.07B	54.98B	51.62B	54.05B	55.47B	57.20B
EBITDA	18.32B	18.59B	16.13B	18.61B	22.60B	24.97B
Net Income	9.12B	9.26B	7.67B	9.27B	12.80B	16.11B
Balance Sheet
Total Assets	154.00B	159.83B	161.09B	152.24B	153.26B	144.10B
Cash, Cash Equivalents and Short-Term Investments	50.67B	50.09B	45.66B	36.85B	45.71B	49.82B
Total Debt	3.56B	3.56B	4.09B	4.14B	4.12B	4.13B
Total Liabilities	33.43B	35.56B	35.56B	34.72B	38.82B	34.65B
Stockholders Equity	120.56B	124.27B	125.52B	117.29B	114.20B	109.26B
Cash Flow
Free Cash Flow	18.95B	18.63B	12.79B	1.97B	13.09B	17.79B
Operating Cash Flow	21.56B	21.07B	16.57B	6.11B	16.03B	20.48B
Investing Cash Flow	-4.01B	-3.92B	-3.64B	-5.22B	-8.71B	-5.03B
Financing Cash Flow	-12.14B	-12.26B	-6.58B	-11.41B	-13.39B	-14.46B

Anritsu Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2374.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6754, the sentiment is Positive. The current price of 2374.5 is above the 20-day moving average (MA) of 2278.53, above the 50-day MA of 2039.29, and above the 200-day MA of 1681.44, indicating a bullish trend. The MACD of 95.10 indicates Negative momentum. The RSI at 65.31 is Neutral, neither overbought nor oversold. The STOCH value of 92.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6754.

Anritsu Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6856	77 Outperform	$575.89B	15.27	11.99%	0.73%	8.50%	14.06%
6787	76 Outperform	¥263.24B	16.78	―	0.88%	15.02%	46.62%
6814	76 Outperform	¥271.89B	16.43	―	1.71%	6.56%	106.55%
6728	75 Outperform	$310.32B	21.23	6.61%	2.45%	-9.06%	-35.95%
6754	70 Outperform	$312.56B	28.24	7.44%	2.20%	-0.89%	53.87%
6951	65 Neutral	¥266.99B	13.75	―	1.96%	-0.69%	-29.88%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Anritsu Corporate Events

Anritsu Corporation Reports Mixed Financial Results

Anritsu Corporation, a prominent player in the test and measurement industry, specializes in providing advanced communication solutions and quality assurance systems across various sectors, including telecommunications and food safety. The company’s latest earnings report for the six months ending September 2025 reveals a mixed financial performance, with a notable increase in profitability despite a slight decline in revenue.

Anritsu Corporation Releases Q2 FY2025 Financial Results

Anritsu Corporation released its financial results for the second quarter of the fiscal year ending March 31, 2026. The announcement highlights the company’s ongoing strategies and market conditions affecting its operations, with a cautionary note on the uncertainties and variables that could impact future business outcomes. The release underscores the potential fluctuations in demand and competitive dynamics in the regions where Anritsu operates.

The most recent analyst rating on (JP:6754) stock is a Hold with a Yen2029.00 price target. To see the full list of analyst forecasts on Anritsu stock, see the JP:6754 Stock Forecast page.

Anritsu Reports Mixed Financial Results for H1 2025

Anritsu Corporation reported its consolidated financial results for the six months ended September 30, 2025, showing a slight decline in revenue by 3% compared to the previous year. However, the company experienced significant growth in operating profit and profit before tax, with increases of 40.7% and 58.4%, respectively, indicating improved operational efficiency and profitability.

The most recent analyst rating on (JP:6754) stock is a Hold with a Yen2029.00 price target. To see the full list of analyst forecasts on Anritsu stock, see the JP:6754 Stock Forecast page.

Anritsu Finalizes Treasury Stock Disposal to Employee Association

Anritsu Corporation has completed the payment procedures for the disposal of treasury stock to its Employee Stockholding Association, initially resolved in May 2025. Due to partial forfeiture, the number of shares disposed of was reduced from the originally planned amount. The changes reflect the final number of association members consenting to the stock disposal, and there will be no impact on the company’s business forecast for the fiscal year ending March 2026.

The most recent analyst rating on (JP:6754) stock is a Buy with a Yen1957.00 price target. To see the full list of analyst forecasts on Anritsu stock, see the JP:6754 Stock Forecast page.

Anritsu Corporation Reports Mixed Financial Results

Anritsu Corporation, a prominent player in the telecommunications sector, specializes in the development and manufacturing of test and measurement equipment, with a focus on communication systems and quality assurance products. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in the field of information and communication technology.