JEOL Ltd. (JP:6951)
:6951
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JEOL Ltd.
(6951)
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Rating:78Outperform
Price Target:
¥7,299.00
▲(24.20% Upside)
Action:UpgradedDate:01/20/26
The score is supported primarily by strong financial performance (revenue growth, strong free cash flow, and low leverage). Technicals add to the outlook due to a strong uptrend, but the score is tempered by very overbought momentum signals and some recent margin/ROE compression. Valuation is reasonable but not especially cheap.
Positive Factors
Free Cash Flow Growth
Material FCF growth more than doubles internal funding capacity, improving flexibility to fund R&D, product development, capex and service expansion without relying on external financing. This strengthens resilience through equipment cycles and supports sustainable reinvestment and shareholder returns.
Negative Factors
ROE and Profitability Compression
Falling ROE indicates equity growth outpacing profit expansion, signaling reduced efficiency in converting capital into returns. Persisting compression can limit shareholder value creation, constrain buybacks/dividends choices, and raise scrutiny on margin management across product lines.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Growth
Material FCF growth more than doubles internal funding capacity, improving flexibility to fund R&D, product development, capex and service expansion without relying on external financing. This strengthens resilience through equipment cycles and supports sustainable reinvestment and shareholder returns.
Read all positive factors
JEOL Ltd. (6951) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥299.79B
Dividend Yield2.04%
Average Volume (3M)223.67K
Price to Earnings (P/E)8.4
Beta (1Y)1.39
Revenue Growth-0.69%
EPS Growth-29.88%
CountryJP
Employees3,435
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)149.40
Shares Outstanding51,532,800
10 Day Avg. Volume188,480
30 Day Avg. Volume223,666
Financial Highlights & Ratios
PEG Ratio-0.90
Price to Book (P/B)1.71
Price to Sales (P/S)1.19
P/FCF Ratio11.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥6,800.00Price Target Upside15.71% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)377.34
Revenue Forecast (FY)¥182.57B
JEOL Ltd. Business Overview & Revenue Model
Company Description
JEOL Ltd. engages in the research, development, manufacture, and marketing of scientific and metrology instruments, semiconductor and industrial equipment, and medical equipment. The company provides transmission electron microscopes; scanning ele...
How the Company Makes Money
JEOL Ltd. generates revenue primarily through the sale of its high-precision instruments and systems, including electron microscopes, mass spectrometers, and other analytical equipment. The company also earns income through maintenance and support...
JEOL Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
80
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 200.49B | 196.69B | 174.34B | 162.69B | 138.41B | 110.44B |
| Gross Profit | 93.65B | 92.40B | 79.28B | 72.70B | 55.37B | 42.89B |
| EBITDA | 31.86B | 30.26B | 34.30B | 28.71B | 21.11B | 9.99B |
| Net Income | 19.46B | 18.69B | 21.70B | 17.83B | 12.28B | 3.75B |
Balance Sheet | ||||||
| Total Assets | 220.17B | 225.70B | 233.93B | 201.72B | 191.71B | 148.55B |
| Cash, Cash Equivalents and Short-Term Investments | 40.76B | 36.14B | 31.50B | 34.25B | 44.23B | 15.38B |
| Total Debt | 6.17B | 9.28B | 15.78B | 12.48B | 17.11B | 33.34B |
| Total Liabilities | 82.70B | 89.05B | 108.41B | 99.83B | 105.80B | 97.55B |
| Stockholders Equity | 137.47B | 136.65B | 125.51B | 101.89B | 85.90B | 51.00B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 20.14B | 12.06B | -2.68B | 21.44B | -3.29B |
| Operating Cash Flow | 0.00 | 23.10B | 15.30B | 3.35B | 22.60B | 3.36B |
| Investing Cash Flow | 0.00 | -855.00M | -18.03B | -5.73B | -648.00M | -6.99B |
| Financing Cash Flow | 0.00 | -17.12B | -798.00M | -8.73B | 5.52B | 3.29B |
JEOL Ltd. Technical Analysis
Neutral
5877.00
Price Trends
6202.80
Negative
5590.75
Positive
5115.71
Positive
Market Momentum
-130.46
Positive
43.62
Neutral
31.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6951, the sentiment is Neutral. The current price of 5877 is below the 20-day moving average (MA) of 6169.55, below the 50-day MA of 6202.80, and above the 200-day MA of 5115.71, indicating a neutral trend. The MACD of -130.46 indicates Positive momentum. The RSI at 43.62 is Neutral, neither overbought nor oversold. The STOCH value of 31.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6951.
JEOL Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥14.07T | 30.90 | 12.80% | 0.78% | 7.09% | 7.51% | |
78 Outperform | ¥299.79B | 8.42 | ― | 2.04% | -0.69% | -29.88% | |
78 Outperform | ¥809.05B | 18.06 | 11.99% | 0.65% | 8.50% | 14.06% | |
75 Outperform | ¥1.14T | 19.48 | 11.14% | 1.46% | 3.92% | 9.99% | |
74 Outperform | ¥607.58B | 44.29 | 4.03% | 2.25% | 3.97% | -41.76% | |
62 Neutral | ¥458.56B | 19.19 | 5.63% | 2.35% | -9.06% | -35.95% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
JP:6951
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JEOL Ltd. Corporate Events
JEOL Completes Tender Offer Share Buyback at ¥5,148 per Share
Mar 5, 2026
JEOL Ltd. has completed a tender offer to repurchase its own common shares, following a Board resolution on February 2, 2026. The buyback, conducted between February 3 and March 4 at a tender offer price of 5,148 yen per share, concludes the compa...
JEOL Posts Lower Nine-Month Earnings but Maintains Dividend and Full-Year Outlook
Feb 13, 2026
JEOL reported a 4.8% year-on-year decline in net sales to ¥129.8 billion for the nine months ended December 31, 2025, with operating profit down 18.6% and profit attributable to owners of parent falling 12.3%. Despite weaker earnings and lowe...
JEOL Posts Lower Nine-Month Earnings but Maintains Full-Year Outlook and Dividend Plan
Feb 13, 2026
JEOL reported consolidated net sales of ¥129.8 billion for the nine months ended December 31, 2025, down 4.8% year on year, with operating profit falling 18.6% to ¥21.4 billion and profit attributable to owners of parent decreasing 12.3%...
JEOL Launches Tender Offer for Own Shares as Nikon Sells 4.49% Stake
Feb 2, 2026
JEOL’s board has approved a share repurchase via a tender offer for its own shares as part of its capital policy to enhance shareholder returns and improve capital efficiency, complementing its existing dividend policy that targeted a 30% pa...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.