HIROSE ELECTRIC CO (6806) AI Stock Analysis

• Market Cap: $549.15B
• Dividend Yield: 2.8%
• Average Volume (3M): 94.43K
• Price to Earnings (P/E): 17.1
• Beta (1Y): 0.77
• Revenue Growth: 11.16%
• EPS Growth: 29.73%
• Country: JP
• Employees: 4,654
• Sector: Technology
• Sector Strength: 77
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 161.08
• Shares Outstanding: 35,693,970
• 10 Day Avg. Volume: 101,140
• 30 Day Avg. Volume: 94,430
• PEG Ratio: 2.68
• Price to Book (P/B): 1.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 22.50
• 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: $20,399.37
• Price Target Upside: 21.50% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

HIROSE ELECTRIC CO showcases strong financial performance with robust profitability and a solid balance sheet. However, technical indicators reflect bearish market momentum, with stock prices trading below major averages. While the company is fairly valued, the volatility in free cash flow growth and weak market momentum pose challenges. The absence of recent earnings call data or significant corporate events limits additional insights.

HIROSE ELECTRIC CO Business Overview & Revenue Model

Company Description

Hirose Electric Co., Ltd. is a Japanese company specializing in the manufacturing and sales of high-performance electronic connectors. Established in 1937, the company operates in sectors such as automotive, industrial, telecommunications, consumer electronics, and medical equipment. Hirose is known for its innovative connector solutions, including circular connectors, coaxial connectors, and FPC/FFC connectors, which are integral to various electronic devices and systems.

How the Company Makes Money

Hirose Electric Co., Ltd. generates revenue primarily through the design, production, and sale of electronic connectors. The company serves a diverse range of industries, with key revenue streams coming from the automotive, telecommunications, and consumer electronics sectors. Hirose Electric Co.'s products are essential components in electronic devices, providing connectivity solutions that are critical for device functionality. The company benefits from long-term relationships with major global manufacturers and technology firms, which contribute significantly to its earnings. Additionally, Hirose invests in research and development to innovate and expand its product offerings, maintaining a competitive edge in the market.

HIROSE ELECTRIC CO Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
184.77B	165.51B	183.22B	163.67B	133.54B	121.77B
	Gross Profit
82.86B	73.79B	88.19B	74.94B	56.67B	51.38B
	EBIT
41.65B	35.26B	46.75B	40.77B	27.89B	20.36B
	EBITDA
56.36B	55.70B	64.40B	57.45B	45.05B	37.17B
	Net Income Common Stockholders
33.35B	26.48B	34.65B	31.44B	19.92B	15.30B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
129.62B	90.34B	179.25B	209.31B	189.11B	171.10B
	Total Assets
252.90B	403.45B	401.36B	394.78B	370.50B	342.64B
	Total Debt
0.00	5.93B	5.48B	4.97B	4.40B	4.49B
	Net Debt
-109.57B	-84.42B	-82.55B	-63.43B	-53.44B	-46.07B
	Total Liabilities
22.48B	39.28B	51.50B	52.71B	44.41B	36.50B
	Stockholders Equity
230.41B	364.17B	349.85B	342.07B	326.09B	306.14B
Cash Flow		Free Cash Flow
26.09B	8.98B	27.14B	30.47B	21.92B	9.89B
	Operating Cash Flow
53.63B	41.05B	45.65B	44.32B	35.82B	28.58B
	Investing Cash Flow
-30.19B	-13.94B	6.40B	-10.88B	-20.70B	-17.16B
	Financing Cash Flow
-20.23B	-28.19B	-34.17B	-25.25B	-9.28B	-12.21B

HIROSE ELECTRIC CO Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16790.00
• 50DMA: Positive
• 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:6806, the sentiment is Positive. The current price of 16790 is above the 20-day moving average (MA) of 16261.75, above the 50-day MA of 16519.00, and below the 200-day MA of 17649.06, indicating a neutral trend. The MACD of 179.71 indicates Negative momentum. The RSI at 55.65 is Neutral, neither overbought nor oversold. The STOCH value of 33.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6806.

HIROSE ELECTRIC CO Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6762	78 Outperform	¥3.01T	17.71		1.92%	4.80%	34.01%
6752	73 Outperform	¥3.76T	10.27	7.85%	2.78%	-0.45%	-17.53%
6702	73 Outperform	$6.12T	27.49	11.70%	0.80%	-5.48%	-11.96%
6770	73 Outperform	¥280.76B	7.36	9.28%	4.24%	2.73%	―
6806	68 Neutral	$549.15B	17.12	8.88%	2.80%	11.16%	29.73%
6645	66 Neutral	$760.16B	46.74	2.10%	2.64%	-6.57%	-76.15%
Sector *	60 Neutral	$11.59B	10.34	-7.15%	2.94%	7.49%	-10.88%

HIROSE ELECTRIC CO Corporate Events

Hirose Electric Co. to Amend Articles and Expand Board

Hirose Electric Co., Ltd. announced plans to amend its Articles of Incorporation to increase the number of directors from 10 to 11, aiming to strengthen its management structure. This change, pending approval at the upcoming General Meeting of Shareholders, reflects the company’s strategic move to enhance governance and operational oversight.