CMK Corporation (6958) AI Stock Analysis

• Market Cap: ¥33.24B
• Dividend Yield: 3.96%
• Average Volume (3M): 686.69K
• Price to Earnings (P/E): 13.1
• Beta (1Y): 1.51
• Revenue Growth: 2.98%
• EPS Growth: -56.70%
• Country: JP
• Employees: 4,580
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 19.83
• Shares Outstanding: 71,298,100
• 10 Day Avg. Volume: 911,660
• 30 Day Avg. Volume: 686,690
• PEG Ratio: -0.44
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 0.30
• P/FCF Ratio: -3.13
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ¥559.00 ▲(13.39% Upside)

The overall stock score of 76 is driven primarily by strong technical analysis indicators showing bullish momentum and a reasonable valuation with an attractive dividend yield. Financial performance is solid but tempered by concerns over negative cash flow and rising debt.

Positive Factors

Revenue Growth

Consistent revenue growth demonstrates the company's ability to expand its market reach and maintain demand for its products, which is crucial for long-term sustainability.

Gross Margin Improvement

Improved gross margins indicate better cost management and operational efficiency, enhancing profitability and competitive positioning in the market.

Strong Equity Base

A strong equity base provides financial stability and flexibility, allowing the company to invest in growth opportunities and weather economic downturns.

Negative Factors

Negative Free Cash Flow

Persistent negative free cash flow can strain liquidity and limit the company's ability to invest in growth, potentially impacting long-term financial health.

Rising Debt Levels

Rising debt levels can increase financial risk and interest obligations, potentially affecting the company's ability to fund operations and growth initiatives.

Decline in Net Profit Margin

A declining net profit margin suggests increased operating expenses, which could pressure profitability and reduce the company's competitive edge over time.

CMK Corporation Business Overview & Revenue Model

Company Description

CMK Corporation (6958) is a leading company in the electronics sector, specializing in the manufacture of printed circuit boards (PCBs) and electronic components. The company serves various industries, including telecommunications, automotive, and consumer electronics, providing high-quality products that meet the rigorous demands of modern electronic applications. CMK Corporation is known for its innovative technologies and commitment to quality, positioning itself as a key player in the global electronics supply chain.

How the Company Makes Money

CMK Corporation generates revenue primarily through the sale of printed circuit boards and electronic components to various industries. Their revenue model is driven by a combination of direct sales to manufacturers, long-term supply contracts, and partnerships with major electronics firms. Key revenue streams include the production of high-density interconnect (HDI) boards, flexible printed circuits, and multilayer PCBs, which are in high demand for advanced electronic devices. The company also benefits from economies of scale and operational efficiencies, allowing it to maintain competitive pricing and secure repeat business from established clients.

CMK Corporation Financial Statement Overview

Summary

CMK Corporation demonstrates solid revenue growth and improved gross margins. However, the decline in net profit margin and consistent negative free cash flow are concerns that need addressing. The balance sheet remains strong with good equity levels, although rising debt warrants caution.

Income Statement

CMK Corporation's revenue has shown consistent growth, with an increase from JPY 90,568 million in 2024 to JPY 95,486 million in 2025, representing a revenue growth rate of 5.45%. The gross profit margin increased from 15.85% in 2024 to 16.30% in 2025, indicating improved cost management. However, the net profit margin slightly declined from 4.26% to 3.97% due to higher operating expenses. The EBIT margin showed a modest improvement, reflecting stronger operational efficiency.

Balance Sheet

The balance sheet highlights a stable equity base, with stockholders' equity increasing from JPY 70,814 million in 2024 to JPY 79,112 million in 2025. The debt-to-equity ratio remains manageable at 0.56, although total debt increased. The equity ratio improved from 53.81% in 2024 to 53.23% in 2025, suggesting a solid capital structure despite moderate leverage.

Cash Flow

CMK Corporation experienced negative free cash flow in both 2024 and 2025, with a decline from JPY -6,531 million to JPY -9,208 million. The operating cash flow slightly decreased, impacting the operating cash flow to net income ratio negatively. The company needs to address its cash outflows, particularly capital expenditures, to improve liquidity.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	95.39B	95.49B	90.57B	83.84B	81.49B	69.97B
Gross Profit	15.00B	15.57B	14.36B	12.63B	12.29B	6.96B
EBITDA	10.24B	11.83B	9.79B	7.56B	8.02B	2.73B
Net Income	2.44B	3.79B	3.85B	1.59B	2.79B	-1.87B
Balance Sheet
Total Assets	140.65B	148.54B	131.61B	114.57B	104.86B	96.50B
Cash, Cash Equivalents and Short-Term Investments	17.38B	22.19B	25.34B	23.60B	15.88B	17.47B
Total Debt	40.73B	44.23B	37.40B	38.05B	29.90B	26.13B
Total Liabilities	64.20B	67.11B	58.69B	55.79B	50.40B	44.98B
Stockholders Equity	74.22B	79.11B	70.81B	56.85B	52.72B	48.04B
Cash Flow
Free Cash Flow	0.00	-9.21B	-6.53B	-520.00M	-3.77B	-364.00M
Operating Cash Flow	0.00	9.06B	9.44B	6.25B	2.48B	3.42B
Investing Cash Flow	0.00	-18.75B	-14.21B	-6.60B	-6.11B	-3.19B
Financing Cash Flow	0.00	4.70B	5.38B	6.91B	1.57B	1.16B

CMK Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 493.00
• 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:6958, the sentiment is Positive. The current price of 493 is below the 20-day moving average (MA) of 499.25, above the 50-day MA of 450.12, and above the 200-day MA of 383.28, indicating a bullish trend. The MACD of 10.54 indicates Positive momentum. The RSI at 61.89 is Neutral, neither overbought nor oversold. The STOCH value of 63.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6958.

CMK Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6958	76 Outperform	¥33.24B	13.08	―	3.96%	2.98%	-56.70%
6787	76 Outperform	¥279.45B	15.49	―	0.77%	15.02%	46.62%
6814	76 Outperform	¥243.19B	14.69	―	1.95%	6.56%	106.55%
6957	75 Outperform	¥109.67B	33.69	―	2.12%	3.95%	-32.30%
6996	69 Neutral	¥107.30B	31.46	―	2.27%	-0.93%	-45.03%
6866	68 Neutral	¥83.11B	14.42	―	3.23%	7.28%	4.16%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

CMK Corporation Corporate Events

CMK Corporation Reports Financial Results for Six Months Ending September 2025

CMK Corporation reported its consolidated financial results for the six months ending September 30, 2025, showing a slight increase in net sales by 2% year-on-year. However, the company faced significant declines in operating income and ordinary income, with decreases of 74.6% and 70.9% respectively, indicating challenges in maintaining profitability. The company’s equity ratio remained stable at 53.3%, and despite the financial setbacks, CMK Corporation plans to maintain its annual dividend per share at 20 yen, reflecting a commitment to shareholder returns.

CMK Corporation Announces Extraordinary Income and Revises Financial Forecasts

CMK Corporation announced the recording of extraordinary income from the sale of investment securities, leading to a revision of its financial forecasts for the fiscal year ending March 31, 2026. The sale, aimed at improving asset efficiency, resulted in a gain of 1,592 million yen and has positively impacted the company’s profit forecasts and dividend payouts, reflecting a stronger financial outlook.