Kyoritsu Electric Corporation (6874) AI Stock Analysis

• Market Cap: ¥19.04B
• Dividend Yield: 6.17%
• Average Volume (3M): 11.88K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 0.75
• Revenue Growth: 11.73%
• EPS Growth: 40.03%
• Country: JP
• Employees: 734
• Sector: Technology
• Sector Strength: 84
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 103.77
• Shares Outstanding: 8,738,400
• 10 Day Avg. Volume: 14,080
• 30 Day Avg. Volume: 11,880
• PEG Ratio: 0.18
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 78.60
• 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: 79 Outperform
• Price Target: ¥5,576.00 ▲(136.47%Upside)

Kyoritsu Electric Corporation achieves a strong overall stock score due to a combination of impressive financial performance, supportive technical indicators, and attractive valuation metrics. The company's low P/E ratio and solid dividend yield enhance its investment appeal, while the robust technical trend underlines positive momentum. Despite concerns regarding cash flow data, the stock remains a strong contender for investors seeking stability and growth.

Kyoritsu Electric Corporation Business Overview & Revenue Model

Company Description

Kyoritsu Electric Corporation (6874) is a Japanese company primarily engaged in the development, manufacture, and sale of electrical measuring instruments, control systems, and related equipment. The company operates in sectors including industrial automation, energy management, and infrastructure, providing solutions that enhance efficiency and reliability in various applications. Kyoritsu Electric is known for its high-quality products that cater to a wide range of industries, ensuring precision and safety in electrical measurements.

How the Company Makes Money

Kyoritsu Electric Corporation generates revenue through the sale of its electrical measuring instruments and control systems. The company's key revenue streams include direct sales to industrial clients, distribution through a network of partners and resellers, and service contracts for maintenance and calibration of their instruments. Significant partnerships with industrial automation and energy management firms also contribute to its earnings, as these collaborations enable Kyoritsu Electric to offer integrated solutions that combine its products with broader systems. Additionally, the company leverages its reputation for quality and precision to maintain a stable customer base and enter new markets.

Kyoritsu Electric Corporation Financial Statement Overview

Summary

Kyoritsu Electric Corporation demonstrates strong financial health with robust income statement and balance sheet metrics. The company shows solid profitability and growth, low leverage, and a strong equity base. However, concerns about cash flow due to recent data absence slightly temper the score.

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	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	36.26B	34.36B	33.62B	28.33B	27.29B	32.06B
Gross Profit	7.43B	6.76B	6.41B	5.38B	5.08B	5.92B
EBITDA	3.36B	2.87B	2.55B	1.85B	1.52B	2.21B
Net Income	2.12B	1.77B	1.53B	1.06B	865.00M	1.28B
Balance Sheet
Total Assets	32.35B	30.94B	29.76B	25.51B	24.05B	24.18B
Cash, Cash Equivalents and Short-Term Investments	6.69B	8.06B	6.70B	6.81B	6.29B	4.61B
Total Debt	1.47B	1.40B	1.88B	1.88B	1.88B	1.70B
Total Liabilities	12.95B	12.17B	12.67B	10.51B	9.94B	10.80B
Stockholders Equity	18.54B	17.95B	16.19B	14.35B	13.48B	12.78B
Cash Flow
Free Cash Flow	0.00	2.08B	151.55M	509.31M	1.72B	2.14B
Operating Cash Flow	0.00	2.57B	624.21M	1.21B	1.88B	2.28B
Investing Cash Flow	0.00	-354.88M	-780.25M	-458.88M	-155.06M	-139.44M
Financing Cash Flow	0.00	-875.40M	-226.54M	-224.99M	-47.04M	-245.72M

Kyoritsu Electric Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2358.00
• 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:6874, the sentiment is Positive. The current price of 2358 is above the 20-day moving average (MA) of 2321.93, above the 50-day MA of 2225.12, and above the 200-day MA of 1886.13, indicating a bullish trend. The MACD of 22.85 indicates Positive momentum. The RSI at 56.13 is Neutral, neither overbought nor oversold. The STOCH value of 29.57 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	81 Outperform	¥23.32B	7.03		1.95%	11.73%	51.77%
6874	79 Outperform	¥19.04B	8.18		6.17%	11.73%	40.03%
6850	79 Outperform	¥20.24B	10.20		3.77%	6.94%	13.25%
6853	76 Outperform	¥14.44B	13.37		3.79%	0.16%	5.68%
6848	71 Outperform	¥16.02B	14.35		2.72%	3.52%	-14.04%
Sector *	63 Neutral	$33.24B	5.92	-11.55%	1.90%	5.54%	-20.14%
6844	46 Neutral	¥22.36B	―		3.00%	3.49%	-241.96%