Asti Corporation (6899) AI Stock Analysis

• Market Cap: ¥6.26B
• Dividend Yield: 5.72%
• Average Volume (3M): 9.63K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 1.03
• Revenue Growth: 3.76%
• EPS Growth: -84.33%
• Country: JP
• Employees: 4,346
• Sector: Technology
• Sector Strength: 89
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 45.72
• Shares Outstanding: 3,417,006
• 10 Day Avg. Volume: 7,670
• 30 Day Avg. Volume: 9,630
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• 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: ¥2,071.00
• Price Target Upside: 2.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: ¥2,071.00 ▲(2.58% Upside)

The stock receives a favorable score due to strong valuation metrics, including a low P/E ratio and high dividend yield, which indicate potential undervaluation and attractiveness for income investors. The technical analysis also supports positive short-term momentum. Financial performance is solid, with strong cash flow management, though profitability margins are a concern.

Asti Corporation Business Overview & Revenue Model

Company Description

Asti Corporation (6899) is a Japanese company primarily engaged in the design, manufacture, and sale of electronic components and devices. The company operates in various sectors, including automotive, industrial, and consumer electronics, providing a range of products such as connectors, sensors, and control systems. Asti Corporation is known for its innovation in electronic solutions that cater to the evolving needs of its clients across different industries.

How the Company Makes Money

Asti Corporation generates revenue through the production and sale of electronic components and systems. Its primary revenue streams include the sale of automotive electronics, which cater to the growing demand for advanced driver-assistance systems (ADAS) and electric vehicles (EVs). The company also earns from industrial electronics, offering solutions like factory automation and energy management systems. Additionally, consumer electronics contribute to its earnings, with products designed for home appliances and personal devices. Key partnerships with leading automotive and technology companies further bolster its revenue, enabling it to access new markets and technologies.

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

Asti Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2019.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6899, the sentiment is Positive. The current price of 2019 is above the 20-day moving average (MA) of 1919.80, above the 50-day MA of 1846.98, and above the 200-day MA of 1865.25, indicating a bullish trend. The MACD of 46.73 indicates Negative momentum. The RSI at 77.92 is Negative, neither overbought nor oversold. The STOCH value of 82.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6899.

Asti Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6899	77 Outperform	¥6.26B	18.71		5.72%	3.76%	-84.33%
6907	73 Outperform	¥7.40B	15.85		―	15.58%	―
6858	71 Outperform	¥6.44B	12.97		2.63%	13.34%	-74.02%
6837	69 Neutral	¥5.16B	8.95		3.04%	5.61%	7.09%
7213	68 Neutral	¥6.61B	4.83		2.53%	1.49%	-54.66%
Sector *	62 Neutral	£500.82M	27.12	0.85%	2.82%	3.88%	-21.07%
6926	47 Neutral	¥4.63B	―		2.01%	-21.49%	-155.24%