Fibergate, Inc. (9450) AI Stock Analysis

• Market Cap: ¥15.47B
• Dividend Yield: 3.58%
• Average Volume (3M): 112.13K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.58
• Revenue Growth: -8.55%
• EPS Growth: -14.28%
• Country: JP
• Employees: 230
• Sector: Communication Services
• Sector Strength: 92
• Industry: Telecommunications Services
• EPS (TTM): 14.67
• Shares Outstanding: 20,593,600
• 10 Day Avg. Volume: 143,970
• 30 Day Avg. Volume: 112,126
• 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: ¥773.00
• Price Target Upside: 5.46% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ¥773.00 ▲(5.46% Upside)

Fibergate, Inc. is financially sound with strong revenue growth and profitability. However, bearish technical indicators and challenges in cash flow management present risks. The attractive valuation and dividend yield provide some support, but market momentum remains a concern.

Fibergate, Inc. Business Overview & Revenue Model

Company Description

Fibergate, Inc. (9450) is a telecommunications company that specializes in providing fiber-optic broadband services. The company operates primarily in the telecommunications sector, offering high-speed internet connections to both residential and commercial clients. With a focus on advanced fiber-optic technology, Fibergate, Inc. aims to deliver reliable and fast internet services, supporting the growing demand for efficient data transmission in the digital era.

How the Company Makes Money

Fibergate, Inc. generates revenue through its subscription-based model by offering internet services to its customers. The company earns money primarily through monthly fees paid by residential and commercial clients who subscribe to its broadband services. Additionally, Fibergate, Inc. may have partnerships with real estate developers to provide internet infrastructure in new housing developments, which can contribute to its earnings. Revenues are also influenced by the company's ability to expand its network coverage and acquire new customers in both existing and new markets.

Fibergate, Inc. Financial Statement Overview

Summary

Fibergate, Inc. exhibits strong revenue growth and profitability, supported by solid EBIT margins and a healthy equity position. However, the decrease in EBITDA margins and volatility in free cash flow suggest some financial management challenges.

Income Statement

Fibergate, Inc. has demonstrated strong revenue growth from 2020 to the TTM, with a consistent increase in total revenue from ¥7,424.44 million to ¥13,363 million. The company maintains robust gross profit margins, consistently above 40%, and a solid EBIT margin indicating strong operational performance. However, the slight decline in EBITDA margins from 31% in 2023 to 26% in the TTM suggests potential inefficiencies or increased operational costs.

Balance Sheet

Fibergate's balance sheet shows a healthy equity ratio with stockholders' equity making up a significant portion of total assets, demonstrating stability. The debt-to-equity ratio has improved over time, reflecting reduced leverage risk. However, the total liabilities still present a considerable portion of the financial structure, which could indicate potential financial risk if revenue growth slows.

Cash Flow

The cash flow statement reveals volatility in free cash flow, which has fluctuated significantly over the years. Although operating cash flow has been positive and substantial, zero free cash flow in the TTM period indicates challenges in managing capital expenditures and financing activities. This inconsistency could pose risks if not addressed.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	13.36B	12.61B	12.79B	10.62B	8.49B	7.42B
Gross Profit	5.68B	5.82B	5.74B	4.84B	4.35B	3.87B
EBITDA	3.48B	4.04B	3.78B	2.87B	2.49B	2.00B
Net Income	1.49B	1.57B	1.48B	1.07B	1.02B	722.85M
Balance Sheet
Total Assets	12.88B	13.08B	12.76B	13.09B	9.40B	6.98B
Cash, Cash Equivalents and Short-Term Investments	2.20B	2.12B	2.38B	2.30B	2.20B	1.42B
Total Debt	3.86B	4.44B	4.67B	6.65B	4.45B	3.07B
Total Liabilities	6.63B	7.24B	8.01B	9.81B	5.72B	4.27B
Stockholders Equity	6.20B	5.79B	4.71B	3.28B	3.68B	2.71B
Cash Flow
Free Cash Flow	0.00	472.00M	1.85B	42.00M	-534.93M	-331.40M
Operating Cash Flow	0.00	2.83B	4.30B	2.29B	1.71B	1.73B
Investing Cash Flow	0.00	-2.38B	-2.19B	-2.63B	-2.26B	-2.07B
Financing Cash Flow	0.00	-723.00M	-2.03B	436.00M	1.33B	699.64M

Fibergate, Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 733.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9450, the sentiment is Neutral. The current price of 733 is above the 20-day moving average (MA) of 702.35, above the 50-day MA of 711.78, and below the 200-day MA of 860.32, indicating a neutral trend. The MACD of 4.15 indicates Negative momentum. The RSI at 62.78 is Neutral, neither overbought nor oversold. The STOCH value of 91.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9450.

Fibergate, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3834	79 Outperform	¥19.40B	11.82		3.46%	6.35%	3.10%
3776	69 Neutral	¥10.57B	43.73		1.20%	1.95%	-59.39%
9424	69 Neutral	¥27.53B	30.07		―	27.43%	-5.71%
9445	69 Neutral	¥9.07B	9.99		3.70%	8.17%	25.32%
9419	67 Neutral	¥3.04B	17.48		―	-1.07%	6.60%
Sector *	66 Neutral	¥486.96B	16.60	1.07%	2.20%	6.20%	-17.02%
9450	64 Neutral	¥15.47B	11.58		3.58%	-8.55%	-14.28%

Fibergate, Inc. Corporate Events

Fibergate Inc. Transitions to Tokyo Stock Exchange’s Standard Market

Fibergate Inc. announced its successful application for a change in market classification to the Standard Market of the Tokyo Stock Exchange, effective July 30, 2025. This decision led to the withdrawal of its previous plan to comply with Prime Market listing criteria, reflecting a strategic shift in its market positioning. The company remains committed to enhancing corporate value and maintaining strong communication with investors.

Fibergate Inc. Announces Strategic Restructuring and Personnel Changes

Fibergate Inc. announced a significant organizational restructuring to better address diverse customer needs by dissolving its existing sales divisions and establishing three new regional divisions: Hokkaido, East Japan, and West Japan. This change, effective July 1, 2025, is designed to enhance the company’s agility and flexibility in sales operations, aligning with regional characteristics. Additionally, the company has made key personnel changes to support this new structure, indicating a strategic shift to improve market responsiveness and operational efficiency.

Fibergate Inc. Seeks Market Classification Change to Standard Market

Fibergate Inc. has decided to apply for a change in market classification to the Standard Market of the Tokyo Stock Exchange, citing its current business scale and market environment as reasons for the move. This change will not affect the company’s management or its commitment to sustainable growth and enhancing corporate value, as it continues to offer integrated services for both home and business use.

Fibergate, Inc. Seeks Listing on Tokyo Stock Exchange Standard Market

Fibergate, Inc. has announced its decision to apply for a listing on the Tokyo Stock Exchange Standard Market, shifting from the Prime Market. This strategic move is aimed at concentrating management resources on business growth to enhance corporate value over the medium to long term, benefiting stakeholders by focusing on sustainable development rather than short-term compliance with Prime Market criteria.

Fibergate Inc. Reports Financial Results and Revises Earnings Forecast

Fibergate Inc. reported a slight increase in net sales for the nine months ending March 31, 2025, but experienced a decline in operating and ordinary profits compared to the previous year. The company revised its earnings forecasts, indicating a challenging financial environment with anticipated decreases in profits for the fiscal year ending June 30, 2025. Despite these challenges, Fibergate plans to increase its annual dividends, reflecting a commitment to shareholder returns.

Fibergate Revises Earnings Forecast, Maintains Dividend Amid Strategic Shift

Fibergate Inc. has revised its full-year earnings forecast for the fiscal year ending June 2025, citing slower-than-expected deliveries and declining profit margins across segments. Despite these challenges, the company will maintain its year-end dividend forecast, reflecting its commitment to shareholder returns. The company is also temporarily suspending its medium-term performance targets as it undergoes strategic transformations.