Asti Corporation (6899) AI Stock Analysis

• Market Cap: ¥5.58B
• Dividend Yield: 6.16%
• Average Volume (3M): 6.74K
• Price to Earnings (P/E): 8.9
• Beta (1Y): 1.02
• Revenue Growth: 2.88%
• EPS Growth: -76.82%
• Country: JP
• Employees: 4,346
• Sector: Technology
• Sector Strength: 86
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -121.78
• Shares Outstanding: 3,417,006
• 10 Day Avg. Volume: 6,000
• 30 Day Avg. Volume: 6,740
• PEG Ratio: 0.05
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -141.82
• 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: 68 Neutral
• Price Target: ¥1,926.00 ▲(7.90%Upside)

Asti Corporation's overall stock score is driven primarily by its solid financial performance and attractive valuation. The company's strong cash flow management and undervaluation make it appealing, despite weak profitability margins and bearish technical indicators suggesting current market challenges.

Asti Corporation Business Overview & Revenue Model

Company Description

Asti Corporation (6899) is a Japanese company specializing in the manufacturing and distribution of electronic components and devices. The company operates primarily in the technology and electronics sectors, offering a range of products such as power supply units, electronic circuits, and communication devices. Asti Corporation is known for its innovative engineering solutions and caters to a diverse clientele, including automotive, industrial, and consumer electronics markets.

How the Company Makes Money

Asti Corporation generates revenue through the design, production, and sale of electronic components and devices. The company's primary revenue streams include sales of power supply units and electronic circuits used in various applications across automotive, industrial, and consumer electronics sectors. Asti Corporation also benefits from strategic partnerships and collaborations with other technology firms, which help to enhance its product offerings and expand its market reach. Additionally, the company may engage in research and development activities to innovate new products and improve existing ones, thus maintaining its competitive edge in the market.

Asti Corporation Financial Statement Overview

Summary

Asti Corporation displays a solid financial position with moderate revenue growth and strong cash flow management. However, profitability margins have weakened, and return on equity is low, indicating potential operational challenges. The balance sheet reflects a healthy equity base with manageable leverage.

Income Statement

Asti Corporation demonstrates moderate revenue growth with a recent increase of 2.88% in the latest fiscal year. The gross profit margin is healthy at 9.11%, though it has decreased from prior periods. Net profit margin saw a significant drop to 0.95% from the previous year's 4.24%, indicating reduced profitability. EBIT margin is modest at 2.32%, reflecting operational challenges. The EBITDA margin of 5.24% suggests moderate operational efficiency.

Balance Sheet

The company maintains a stable equity position, with a debt-to-equity ratio of 0.55, indicating manageable leverage. Return on equity is low at 2.55%, showing limited profitability on shareholders' equity. The equity ratio stands at 53.29%, highlighting a strong equity base relative to total assets.

Cash Flow

Asti Corporation shows strong cash flow management, with a significant increase in free cash flow by 191.64% over the past year. The operating cash flow to net income ratio is robust at 8.96, indicating strong cash generation relative to net income. Free cash flow to net income is positive at 6.25, reflecting effective cash management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	63.38B	65.44B	63.61B	64.88B	58.79B	45.21B
Gross Profit	6.21B	5.96B	7.17B	6.39B	4.37B	4.33B
EBITDA	5.17B	3.43B	5.78B	3.98B	2.63B	2.96B
Net Income	1.41B	624.90M	2.70B	1.51B	702.95M	1.39B
Balance Sheet
Total Assets	48.10B	46.05B	48.01B	46.36B	42.75B	34.73B
Cash, Cash Equivalents and Short-Term Investments	3.60B	4.39B	3.19B	2.84B	1.96B	2.19B
Total Debt	14.11B	13.50B	15.72B	17.04B	16.00B	10.00B
Total Liabilities	23.00B	21.47B	23.69B	25.25B	23.48B	16.79B
Stockholders Equity	25.05B	24.54B	24.29B	21.09B	19.26B	17.92B
Cash Flow
Free Cash Flow	0.00	3.91B	1.34B	-63.61M	-6.29B	-1.40B
Operating Cash Flow	0.00	5.60B	3.22B	4.91B	-4.75B	153.83M
Investing Cash Flow	0.00	-1.46B	-1.96B	-4.98B	-1.36B	-1.49B
Financing Cash Flow	0.00	-2.72B	-1.63B	890.99M	5.70B	1.46B

Asti Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1785.00
• 50DMA: Negative
• 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:6899, the sentiment is Negative. The current price of 1785 is below the 20-day moving average (MA) of 1794.80, below the 50-day MA of 1830.28, and below the 200-day MA of 1910.58, indicating a bearish trend. The MACD of -8.50 indicates Negative momentum. The RSI at 45.03 is Neutral, neither overbought nor oversold. The STOCH value of 56.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6899.

Asti Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6858	84 Outperform	¥6.54B	3.82		3.43%	6.18%	206.74%
6837	78 Outperform	¥5.62B	9.26		2.81%	6.71%	1.17%
6907	75 Outperform	¥6.45B	17.86		―	14.66%	―
6899	68 Neutral	¥5.58B	8.93		6.16%	2.88%	-76.82%
7213	68 Neutral	¥6.35B	2.86		1.95%	14.31%	-15.43%
Sector *	63 Neutral	$33.61B	6.06	-11.53%	1.82%	5.53%	-18.79%
6926	48 Neutral	¥4.70B	―		2.01%	-32.99%	-1496.54%