IMV Corporation (7760) AI Stock Analysis

• Market Cap: ¥66.64B
• Dividend Yield: 1.32%
• Average Volume (3M): 105.65K
• Price to Earnings (P/E): 31.8
• Beta (1Y): 1.80
• Revenue Growth: 16.95%
• EPS Growth: 36.94%
• Country: JP
• Employees: 341
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 33.37
• 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): 125.7
• Revenue Forecast (FY): ¥21.00B

• Rating: 72 Outperform
• Price Target: ¥4,335.00 ▲(96.96% Upside)
• Action: Reiterated Date: 02/21/26
• Date: Action: Reiterated 02/21/26

The score is driven primarily by strong financial performance (notably profitability and improving operations) and a clear bullish price trend. These positives are partly offset by overbought technical signals and a relatively high valuation with a modest dividend yield.

Positive Factors

Revenue & margin expansion

Consistent revenue growth coupled with rising gross and net margins indicates durable product demand, improving pricing power and operational leverage. These trends support sustainable earnings expansion and reinvestment capacity over the next 2–6 months.

Improved balance sheet

An improving debt-to-equity profile and stable equity ratio provide financial flexibility and resilience. This durable strength reduces refinancing risk and supports strategic investments or cushioning during slower demand periods over the medium term.

Operating cash flow strength

Rising operating cash flow and a strong FCF-to-net-income ratio indicate the business can convert profits into cash, enabling sustainable capex, R&D, or shareholder returns. This cash-generation capacity supports long-term growth execution.

Negative Factors

Volatile FCF growth

Volatility in free cash flow growth undermines predictability of internal funding for investments and dividends. Even with good FCF ratios, inconsistent cash delivery complicates planning and raises execution risk for multi-quarter initiatives.

Debt requires monitoring

Although current leverage metrics are healthy, management’s note to monitor debt implies exposure to rising obligations or leverage sensitivity. Persistent or rising debt could constrain flexibility and increase interest-cost risk in adverse conditions.

Higher market sensitivity

A beta near 1.8 signals above-market volatility, meaning company earnings and access to capital may swing more with macro cycles. For longer-term investors this increases outcome dispersion and raises the importance of cash and balance-sheet cushions.

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 profitability and growth profile (Income Statement score 85) supported by a solid balance sheet (78). Cash flow is improving but less consistent (Cash Flow score 72), which tempers the overall financial strength.

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

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 3519.20, below the 50-day MA of 2905.62, and above the 200-day MA of 2123.22, indicating a bullish trend. The MACD of 339.49 indicates Negative momentum. The RSI at 81.66 is Negative, neither overbought nor oversold. The STOCH value of 86.71 is Negative, 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
7723	80 Outperform	¥51.47B	11.75	―	3.21%	7.99%	50.13%
6824	77 Outperform	¥61.63B	13.52	―	1.12%	14.84%	7.57%
7500	75 Outperform	¥36.00B	13.52	―	2.29%	6.81%	12.70%
7760	72 Outperform	¥66.64B	31.82	―	1.32%	16.95%	36.94%
6817	70 Outperform	¥41.14B	11.44	―	4.53%	-2.57%	3.43%
6266	69 Neutral	¥37.52B	10.54	―	1.63%	12.91%	11.46%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%