Anritsu (6754) AI Stock Analysis

• Market Cap: ¥452.24B
• Dividend Yield: 1.76%
• Average Volume (3M): 1.08M
• Price to Earnings (P/E): 28.6
• Beta (1Y): 1.22
• Revenue Growth: -0.89%
• EPS Growth: 53.87%
• Country: JP
• Employees: 3,966
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 19.63
• 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: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥2,989.36
• Price Target Upside: -12.03% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 106.29
• Revenue Forecast (FY): ¥132.15B

• Rating: 75 Outperform
• Price Target: ¥3,823.00 ▲(12.51% Upside)
• Action: Reiterated Date: 02/26/26
• Date: Action: Reiterated 02/26/26

The score is driven primarily by strong financial stability and improving margins, supported by a robust technical uptrend. This is tempered by weaker recent free-cash-flow momentum and a relatively expensive valuation (high P/E with a modest dividend yield).

Positive Factors

Very low leverage / strong balance sheet

Exceptionally low leverage and a large equity base provide durable financial flexibility. This enables sustained R&D, capital equipment funding, and the ability to weather telecom capex cyclicality without forcing asset sales or aggressive cost cuts, supporting multi-quarter stability.

Negative Factors

Uneven, modest top-line growth

Modest and inconsistent revenue expansion limits the company’s ability to leverage fixed costs and rapidly scale operating profits. Over a 2–6 month horizon this translates into constrained upside from volume growth and makes margin gains more reliant on mix or cost controls.

Anritsu Business Overview & Revenue Model

Company Description

Anritsu Corporation develops, manufactures, and sells measurement instruments and systems for various communications applications in Japan and internationally. It operates through Test and Measurement, Products Quality Assurance, and Others segmen...

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Anritsu Corporation develops, manufactures, and sells measurement instruments and systems for various communications applications in Japan and internationally. It operates through Test and Measurement, Products Quality Assurance, and Others segmen...

How the Company Makes Money

Anritsu makes money primarily by selling test and measurement hardware and integrated systems used by telecommunications operators, network equipment manufacturers, and device makers to design, manufacture, deploy, and maintain communications tech...

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Anritsu makes money primarily by selling test and measurement hardware and integrated systems used by telecommunications operators, network equipment manufacturers, and device makers to design, manufacture, deploy, and maintain communications tech...

Anritsu Financial Statement Overview

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	113.21B	112.98B	109.95B	110.92B	105.39B	105.94B
Gross Profit	57.24B	54.98B	51.62B	54.05B	55.47B	57.20B
EBITDA	20.90B	18.59B	16.13B	18.61B	22.60B	24.97B
Net Income	10.68B	9.26B	7.67B	9.27B	12.80B	16.11B
Balance Sheet
Total Assets	168.53B	159.83B	161.09B	152.24B	153.26B	144.10B
Cash, Cash Equivalents and Short-Term Investments	43.02B	50.09B	45.66B	36.83B	45.71B	49.81B
Total Debt	5.91B	6.07B	7.19B	4.14B	4.12B	4.13B
Total Liabilities	40.57B	35.06B	35.04B	34.72B	38.82B	34.65B
Stockholders Equity	127.95B	124.27B	125.52B	117.29B	114.20B	109.26B
Cash Flow
Free Cash Flow	10.63B	18.63B	13.94B	1.97B	13.09B	17.79B
Operating Cash Flow	13.79B	21.07B	16.57B	6.11B	16.03B	20.48B
Investing Cash Flow	-13.98B	-3.92B	-3.64B	-5.22B	-8.71B	-5.03B
Financing Cash Flow	-11.29B	-12.26B	-6.58B	-11.41B	-13.39B	-14.46B

Anritsu Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3398.00
• 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 3398 is above the 20-day moving average (MA) of 2937.04, above the 50-day MA of 2744.77, and above the 200-day MA of 2167.25, indicating a bullish trend. The MACD of 135.33 indicates Negative momentum. The RSI at 68.22 is Neutral, neither overbought nor oversold. The STOCH value of 97.46 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
6861	80 Outperform	¥15.14T	30.90	12.80%	0.78%	7.09%	7.51%
6866	79 Outperform	¥108.63B	15.13	―	3.23%	7.28%	4.16%
6856	78 Outperform	¥883.83B	12.89	11.99%	0.65%	8.50%	14.06%
6754	75 Outperform	¥452.24B	28.58	7.44%	1.76%	-0.89%	53.87%
6777	73 Outperform	¥258.50B	13.13	25.32%	2.30%	6.85%	10.88%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Anritsu Corporate Events