Kyoritsu Electric Corporation (6874) AI Stock Analysis

• Market Cap: ¥19.20B
• Dividend Yield: 3.06%
• Average Volume (3M): 12.74K
• Price to Earnings (P/E): 8.1
• Beta (1Y): 0.76
• Revenue Growth: 11.73%
• EPS Growth: 40.03%
• Country: JP
• Employees: 734
• Sector: Technology
• Sector Strength: 91
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 103.77
• Shares Outstanding: 8,738,400
• 10 Day Avg. Volume: 8,690
• 30 Day Avg. Volume: 12,740
• PEG Ratio: 0.09
• Price to Book (P/B): 0.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥5,576.00
• Price Target Upside: 151.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: ¥2,437.00 ▲(10.12%Upside)

Kyoritsu Electric Corporation's overall stock score reflects a strong financial foundation and attractive valuation, offset by some technical weaknesses. The company's robust profitability and low leverage underpin its stability, while a low P/E ratio and high dividend yield enhance its value proposition. However, technical indicators suggest caution in the short-term due to bearish momentum and oversold conditions. The absence of earnings call and corporate events data leaves these aspects unaddressed, focusing the score on core financial performance and valuation.

Kyoritsu Electric Corporation Business Overview & Revenue Model

Company Description

Kyoritsu Electric Corporation is a Japanese-based company engaged in the development, manufacture, and sale of electrical measuring instruments. The company operates in various sectors, including industrial automation, energy management, and telecommunications. Its core products and services include power meters, measuring instruments for electrical safety, and equipment for testing and measuring electrical quantities.

How the Company Makes Money

Kyoritsu Electric Corporation primarily generates revenue through the sale of its electrical measuring instruments and related equipment. These products are used in various industries, such as manufacturing, energy, and telecommunications, where precise measurement and monitoring of electrical parameters are critical. The company also earns money through service contracts and maintenance agreements, ensuring the optimal performance and longevity of its instruments. Additionally, Kyoritsu Electric may engage in partnerships and collaborations with other companies to expand its market reach and enhance its product offerings, thereby contributing to its earnings.

Kyoritsu Electric Corporation Financial Statement Overview

Summary

Kyoritsu Electric Corporation demonstrates strong financial health with impressive income statement and balance sheet metrics. The income statement shows solid profitability with a net profit margin of 5.85% and a revenue growth rate of 10.96%. The balance sheet is robust with low leverage, indicated by a debt-to-equity ratio of 0.08, and effective use of equity, reflected in a ROE of 11.44%. However, cash flow metrics reveal some challenges due to zero free cash flow in the latest period, raising concerns about cash generation.

Income Statement

Kyoritsu Electric Corporation shows a strong income statement performance. The TTM Gross Profit Margin is approximately 20.49%, reflecting solid profitability. The Net Profit Margin stands at 5.85%, which is a healthy indicator of the company's ability to convert sales into actual profit. Revenue has shown a consistent upward trend with a notable growth rate of 10.96% from the previous year. EBIT Margin at 8.35% and EBITDA Margin at 8.97% suggest efficient operational performance. The company demonstrates a strong ability to generate profits from its operations, with positive growth trends enhancing the score.

Balance Sheet

The balance sheet of Kyoritsu Electric Corporation is robust. It shows a Debt-to-Equity Ratio of 0.08, indicating very low leverage and a strong equity base. The Return on Equity (ROE) is approximately 11.44%, showcasing effective use of equity to generate profits. The Equity Ratio is 57.31%, signifying a healthy proportion of asset financing through equity. These metrics suggest financial stability and low risk, supported by a strong equity position.

Cash Flow

Cash flow metrics for Kyoritsu Electric Corporation indicate some challenges. The Free Cash Flow Growth Rate is indeterminate due to zero free cash flow in the latest TTM period, highlighting potential issues in cash generation. The Operating Cash Flow to Net Income Ratio from the previous annual report is 1.45, indicating reasonable cash conversion efficiency. However, the absence of recent cash flow figures may suggest fluctuations or inefficiencies in cash handling.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	34.36B	33.62B	28.33B	27.29B	32.06B
Gross Profit	6.76B	6.41B	5.38B	5.08B	5.92B
EBITDA	2.87B	2.55B	1.85B	1.52B	2.21B
Net Income	1.77B	1.53B	1.06B	865.00M	1.28B
Balance Sheet
Total Assets	30.94B	29.76B	25.51B	24.05B	24.18B
Cash, Cash Equivalents and Short-Term Investments	8.06B	6.70B	6.81B	6.29B	4.61B
Total Debt	1.40B	1.88B	1.88B	1.88B	1.70B
Total Liabilities	12.17B	12.67B	10.51B	9.94B	10.80B
Stockholders Equity	17.95B	16.19B	14.35B	13.48B	12.78B
Cash Flow
Free Cash Flow	2.08B	151.55M	509.31M	1.72B	2.14B
Operating Cash Flow	2.57B	624.21M	1.21B	1.88B	2.28B
Investing Cash Flow	-354.88M	-780.25M	-458.88M	-155.06M	-139.44M
Financing Cash Flow	-875.40M	-226.54M	-224.99M	-47.04M	-245.72M

Kyoritsu Electric Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2213.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6874, the sentiment is Positive. The current price of 2213 is below the 20-day moving average (MA) of 2216.04, below the 50-day MA of 2272.13, and above the 200-day MA of 1943.05, indicating a neutral trend. The MACD of -14.22 indicates Negative momentum. The RSI at 52.74 is Neutral, neither overbought nor oversold. The STOCH value of 69.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6874.

Kyoritsu Electric Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6626	79 Outperform	¥24.96B	7.52		1.82%	11.73%	51.77%
6850	79 Outperform	¥19.77B	9.96		3.00%	6.94%	13.25%
6853	76 Outperform	¥14.24B	13.19		4.22%	0.16%	5.68%
6874	73 Outperform	¥19.20B	8.09		3.06%	11.73%	40.03%
6848	71 Outperform	¥16.06B	14.38		2.72%	3.52%	-14.04%
Sector *	57 Neutral	HK$14.37B	5.81	-5.77%	4.75%	9.65%	-43.80%
6844	55 Neutral	¥25.10B	―		2.67%	3.49%	-241.96%