NF Holdings Corporation (6864) AI Stock Analysis

• Market Cap: ¥9.88B
• Dividend Yield: 2.27%
• Average Volume (3M): 78.53K
• Price to Earnings (P/E): 21.9
• Beta (1Y): 0.71
• Revenue Growth: -3.36%
• EPS Growth: 39.15%
• Country: JP
• Employees: 324
• Sector: Technology
• Sector Strength: 84
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 8.42
• Shares Outstanding: 7,070,000
• 10 Day Avg. Volume: 86,340
• 30 Day Avg. Volume: 78,526
• PEG Ratio: -0.61
• Price to Book (P/B): 0.58
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -21.16
• 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

• Rating: 71 Outperform
• Price Target: ¥1,560.00 ▲(10.80%Upside)

The overall stock score of 71 reflects a strong technical performance driven by positive price trends and reasonable valuation metrics, supported by a solid balance sheet. However, challenges in revenue growth and cash flow stability partially offset these strengths.

NF Holdings Corporation Business Overview & Revenue Model

Company Description

NF Holdings Corporation (6864) is a dynamic company engaged in the development and manufacturing of electronic measuring instruments and systems. The company operates primarily in the technology sector, providing a wide range of products including power supply equipment, measurement systems, and other electronic devices. NF Holdings is known for its innovative solutions that cater to various industries, ensuring precision and reliability in measurement and control.

How the Company Makes Money

NF Holdings Corporation generates revenue through the sale of its advanced electronic measuring instruments and systems. Key revenue streams include direct sales to businesses across multiple industries such as automotive, telecommunications, and industrial manufacturing. The company also earns income through service contracts and maintenance agreements, ensuring ongoing support for its products. Strategic partnerships with distributors and other technology firms further expand its market reach and contribute to its earnings. Additionally, NF Holdings invests in research and development to enhance its product offerings, thereby maintaining a competitive edge in the market.

NF Holdings Corporation Financial Statement Overview

Summary

NF Holdings Corporation exhibits a stable balance sheet with a strong equity base and prudent leverage management, reflected in a high equity ratio and low debt-to-equity ratio. However, challenges are present in revenue growth and cash flow stability, necessitating improvements in these areas for a stronger financial standing.

Income Statement

NF Holdings Corporation shows a declining revenue trend, with revenue decreasing from 2020 to 2025. Despite this, the company has maintained a stable gross profit margin and improved its net profit margin in recent years. The EBIT and EBITDA margins indicate moderate profitability, though they have declined since 2020. Overall, the income statement reflects a need for revenue growth and margin enhancement.

Balance Sheet

The balance sheet of NF Holdings Corporation is strong, with a high equity ratio indicating a solid equity base. The debt-to-equity ratio is low, reflecting prudent leverage management. Return on equity has shown some variability but remains reasonably strong. The company's equity position provides a buffer against financial instability.

Cash Flow

NF Holdings Corporation's cash flow statement reveals challenges, particularly in free cash flow generation, which has fluctuated significantly. The operating cash flow to net income ratio suggests that the company converts earnings to cash effectively in recent periods, but historical volatility in free cash flow poses risks. Improvements in cash flow stability are needed.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
8.66B	9.08B	9.40B	9.64B	10.15B	10.65B
	Gross Profit
3.08B	3.26B	3.06B	3.21B	3.63B	3.47B
	EBIT
323.66M	547.58M	418.90M	467.68M	952.04M	704.86M
	EBITDA
686.66M	1.01B	703.00M	1.02B	1.41B	994.66M
	Net Income Common Stockholders
433.67M	450.65M	323.84M	457.08M	615.47M	444.21M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.64B	5.45B	5.34B	5.53B	6.11B	7.48B
	Total Assets
17.76B	17.32B	18.63B	18.83B	18.64B	18.83B
	Total Debt
1.61B	1.42B	1.92B	2.03B	2.25B	2.58B
	Net Debt
-4.03B	-4.02B	-3.42B	-3.50B	-3.86B	-4.90B
	Total Liabilities
4.09B	3.65B	4.69B	5.11B	5.22B	6.02B
	Stockholders Equity
12.54B	12.56B	12.64B	12.40B	12.04B	11.54B
Cash Flow		Free Cash Flow
0.00	169.94M	49.76M	-337.95M	-1.02B	-666.10M
	Operating Cash Flow
0.00	340.99M	530.27M	279.42M	-594.86M	-411.82M
	Investing Cash Flow
0.00	1.28B	-44.99M	-700.91M	-832.14M	-237.84M
	Financing Cash Flow
0.00	-735.83M	-349.43M	-540.72M	-580.87M	1.04B

NF Holdings Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1408.00
• 50DMA: Positive
• 100DMA: Positive
• 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:6864, the sentiment is Positive. The current price of 1408 is above the 20-day moving average (MA) of 1352.05, above the 50-day MA of 1236.16, and above the 200-day MA of 1098.45, indicating a bullish trend. The MACD of 38.99 indicates Positive momentum. The RSI at 59.66 is Neutral, neither overbought nor oversold. The STOCH value of 69.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6864.

NF Holdings Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6858	84 Outperform	¥6.73B	3.93		1.67%	6.18%	206.74%
6859	79 Outperform	¥64.45B	10.48		4.17%	8.31%	21.11%
6863	78 Outperform	¥13.53B	9.46		7.11%	9.08%	53.84%
6853	76 Outperform	¥14.74B	13.65		4.45%	0.16%	5.68%
6864	71 Outperform	¥9.88B	21.93		2.27%	-3.36%	39.15%
6866	68 Neutral	¥77.38B	12.51		3.53%	4.55%	4.94%
Sector *	62 Neutral	$11.93B	10.60	-7.51%	3.00%	7.40%	-8.09%