IMV Corporation (7760) AI Stock Analysis

• Market Cap: ¥46.81B
• Dividend Yield: 1.32%
• Average Volume (3M): 105.65K
• Price to Earnings (P/E): 23.6
• Beta (1Y): 1.79
• Revenue Growth: 16.95%
• EPS Growth: 36.94%
• Country: JP
• Employees: 341
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 34.90
• Shares Outstanding: 16,957,016
• 10 Day Avg. Volume: 129,880
• 30 Day Avg. Volume: 105,650
• PEG Ratio: 0.41
• Price to Book (P/B): 2.49
• Price to Sales (P/S): 1.65
• P/FCF Ratio: 12.11
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: ¥3,105.00 ▲(41.07% Upside)

The score is driven primarily by strong financial performance (growth and improving margins with a solid balance sheet). Technicals are supportive due to a strong uptrend, but overbought signals add short-term risk. Valuation is reasonable but not especially cheap, and the dividend yield is modest.

Positive Factors

Consistent revenue and margin improvement

Sustained revenue growth alongside rising gross and net margins indicates the company is expanding market traction while improving cost efficiency. This combination supports durable earnings power, stronger cash generation potential, and reinvestment capacity for product development or geographic expansion.

Healthy, improving balance sheet

An improving debt-to-equity ratio and consistently strong ROE reflect conservative leverage and efficient use of shareholder capital. This financial flexibility supports funding organic growth, opportunistic M&A, and resilience in downturns without excessive refinancing risk over the medium term.

Improved operating cash flow and cash efficiency

Stronger operating cash flow and a robust free cash flow to net income metric show the business converts profits into cash effectively. That durability underpins sustainable capex, debt service, and shareholder returns while reducing reliance on external financing for strategic initiatives.

Negative Factors

Volatile free cash flow growth

Volatility in free cash flow growth signals uneven cash generation drivers—working capital swings, project timing, or cyclical end markets. This makes multi-period planning harder, can constrain steady reinvestment or distributions, and raises execution risk for growth initiatives.

Ongoing need to monitor debt levels

While leverage metrics are healthy today, management’s own note to monitor debt highlights potential sensitivity to future financing or growth choices. Rising indebtedness could erode flexibility, increase interest expense, and limit investment capacity if cash generation weakens.

Limited public disclosure and coverage

Sparse public information and absence of recent news or related articles reduce transparency and make it harder to assess long-term strategy, competitive positioning, or execution risks. Limited coverage can delay discovery of structural issues and hinder benchmarking against peers.

IMV Corporation Business Overview & Revenue Model

Company Description

IMV Corporation manufactures and sells vibration simulation systems and measuring systems in Japan and internationally. It offers electrodynamic vibration test systems, measuring systems, vibration controllers, amplifier replacement, seismometers, vibration pick-up and sensors, and reliability evaluation systems. The company also develops, produces, repairs, and maintains vibration and environmental test systems. In addition, it offers test house, measuring analysis, and other consulting services for vibration tests. Further, the company leases vibration test machine. IMV Corporation was incorporated in 1957 and is headquartered in Osaka, Japan.

How the Company Makes Money

IMV Corporation generates revenue primarily through collaborations, grants, and research funding. Its revenue model includes partnerships with pharmaceutical companies for the development and commercialization of its product candidates, which may involve milestone payments and royalties upon successful commercialization. Additionally, IMV seeks funding through government grants and research initiatives that support its clinical trials and development programs. As a clinical-stage company, its revenue is largely dependent on achieving key development milestones and entering agreements that can provide financial backing while advancing its therapeutic offerings.

IMV Corporation Financial Statement Overview

Summary

Strong income statement performance (consistent revenue growth and improving profit/EBITDA margins) and a solid balance sheet (healthy, improving debt-to-equity and strong ROE) support a high score. Cash flow is improved and efficient versus net income, but volatile free cash flow growth tempers the overall financial performance score.

Income Statement

IMV Corporation has demonstrated consistent revenue growth over the years, with a notable increase in gross profit margin and net profit margin. The EBIT and EBITDA margins have also shown improvement, indicating efficient cost management and operational performance. The revenue growth rate has been positive, reflecting a strong market position and demand for its products.

Balance Sheet

The company has a healthy debt-to-equity ratio, which has improved over the years, indicating a strong balance between debt and equity financing. Return on equity has been consistently strong, showcasing effective use of shareholder funds. The equity ratio is stable, reflecting a solid financial structure. However, the company should continue to monitor its debt levels to maintain financial stability.

Cash Flow

IMV Corporation has shown significant improvement in operating cash flow, which is a positive indicator of its ability to generate cash from operations. The free cash flow to net income ratio is strong, suggesting efficient cash management. However, the free cash flow growth rate has been volatile, indicating potential challenges in maintaining consistent cash flow growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	17.42B	17.94B	15.34B	13.73B	11.89B	11.58B
Gross Profit	6.44B	6.59B	5.78B	4.61B	3.96B	3.62B
EBITDA	2.94B	3.30B	2.45B	2.01B	1.95B	1.99B
Net Income	1.59B	1.94B	1.43B	1.13B	1.07B	937.26M
Balance Sheet
Total Assets	21.50B	23.30B	19.28B	17.29B	16.96B	17.12B
Cash, Cash Equivalents and Short-Term Investments	3.93B	4.88B	2.80B	2.18B	3.52B	3.88B
Total Debt	3.72B	3.35B	3.36B	3.26B	4.27B	5.21B
Total Liabilities	10.18B	11.42B	9.07B	8.04B	8.69B	9.59B
Stockholders Equity	11.31B	11.88B	10.22B	9.24B	8.28B	7.51B
Cash Flow
Free Cash Flow	0.00	2.45B	960.16M	-290.88M	324.96M	1.92B
Operating Cash Flow	0.00	3.85B	2.01B	103.80M	742.24M	2.10B
Investing Cash Flow	0.00	-1.20B	-1.03B	-329.37M	-189.17M	-162.83M
Financing Cash Flow	0.00	-329.00M	-360.87M	-1.18B	-1.00B	-1.16B

IMV Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2201.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7760, the sentiment is Positive. The current price of 2201 is below the 20-day moving average (MA) of 2635.10, below the 50-day MA of 2349.14, and above the 200-day MA of 1913.18, indicating a bullish trend. The MACD of 178.09 indicates Negative momentum. The RSI at 72.68 is Negative, neither overbought nor oversold. The STOCH value of 67.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7760.

IMV Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6266	81 Outperform	¥36.95B	8.52	―	1.63%	12.91%	11.46%
7500	75 Outperform	¥34.92B	12.50	―	2.29%	6.81%	12.70%
7760	74 Outperform	¥46.81B	23.62	―	1.32%	16.95%	36.94%
7723	73 Outperform	¥42.87B	9.79	―	3.21%	7.99%	50.13%
6817	70 Outperform	¥38.87B	19.31	―	4.53%	-2.57%	3.43%
6824	69 Neutral	¥51.78B	12.71	―	1.12%	14.84%	7.57%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%