Electric Power Development Co (9513) AI Stock Analysis

• Market Cap: ¥512.81B
• Dividend Yield: 3.55%
• Average Volume (3M): 750.57K
• Price to Earnings (P/E): 4.3
• Beta (1Y): 0.61
• Revenue Growth: 5.85%
• EPS Growth: 39.06%
• Country: JP
• Employees: 7,083
• Sector: Utilities
• Sector Strength: 87
• Industry: Renewable Utilities
• EPS (TTM): 284.82
• Shares Outstanding: 183,051,100
• 10 Day Avg. Volume: 830,770
• 30 Day Avg. Volume: 750,573
• 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: ¥2,725.67
• Price Target Upside: -3.28% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 73 Outperform
• Price Target: ¥2,731.00 ▼(-3.09% Downside)

Electric Power Development Co's strong financial performance and attractive valuation are key strengths, backed by solid revenue growth and efficient cash flow management. Technical indicators suggest a lack of strong market momentum, which may temper short-term stock performance. Overall, the company is well-positioned in the renewable utilities sector, providing a good balance of growth potential and income.

Electric Power Development Co Business Overview & Revenue Model

Company Description

Electric Power Development Co., Ltd. engages in the wholesale supply of hydroelectric and thermal power in Japan. It also produces wood fuel, carbonized sewage sludge fuel, and other biomass fuels, as well as generates and transmits electricity. In addition, the company invests in, imports, transports, and sells coal; sells fly ash; procures forest offcut; produces and sells fertilizers using ash; manufactures, sells, and markets activated coke; operates welfare facilities, wood pellet manufacturing facilities, and nuclear power plants; operates and maintains telecommunication facilities and waste-fueled power generation plants; and constructs and maintains electronic and communication facilities. Further, it engages in the ocean transportation of coal for thermal power plants; research, planning, analysis of environmental conservation; surveying of and compensation for construction sites; the provision of investment management, and research and development of projects; facility maintenance and business process outsourcing services; development of computer software; and ocean transportation of ash and fly ash. Additionally, the company provides civil engineering, and construction management and services; and engineering services for atmospheric and water pollutant removal equipment. It has 60 hydroelectric power plants with a total capacity of 8,560 MW; 12 thermal power generation facilities with a total capacity of 9,117 MW; 23 wind power facilities with a total capacity of 540 MW; 1 geo-thermal facilities with a total capacity of 23 MW; and 2,404.8 kilometers of power transmission lines, and 9 substations and converter stations, as well as operates 33 power generation facilities with a total capacity of 6,544 MW located in Thailand, the United States, China, and internationally. The company was incorporated in 1952 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Electric Power Development Co. makes money primarily through the generation and sale of electricity. The company's key revenue streams include electricity sales to utilities, retail power companies, and industrial consumers. Revenue is also generated from its infrastructure projects, which involve the development and operation of power plants and transmission lines. J-POWER is actively involved in renewable energy projects, which not only contribute to its revenue but also align with global sustainability goals. Additionally, the company engages in international business ventures and collaborations, expanding its market reach and potentially increasing its earnings through strategic partnerships and investments.

Electric Power Development Co Financial Statement Overview

Summary

Electric Power Development Co demonstrates strong financial performance with consistent revenue growth and improved margins. The balance sheet is solid with a manageable level of debt and a strong equity base. Cash flow generation is robust, supporting strategic investments and shareholder returns. Overall, the company is well-positioned in the renewable utilities sector.

Income Statement

Electric Power Development Co has shown consistent revenue growth, with a significant increase from 1,254 billion yen in 2024 to 1,316 billion yen in 2025. Gross profit margin improved from 8.4% to 10.5%, and net profit margin rose from 6.2% to 7.0%. The EBIT and EBITDA margins are strong at 10.5% and 22.0% respectively, reflecting solid operational efficiency.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 1.41, indicating balanced leverage. Return on equity improved to 6.9%, and the equity ratio is stable at 36.4%, showcasing a solid capital structure with a good balance between debt and equity.

Cash Flow

Operating cash flow remains robust at 250 billion yen, with a strong free cash flow of 126 billion yen, reflecting effective cash management. The free cash flow to net income ratio is healthy, indicating efficient conversion of earnings into cash.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.32T	1.26T	1.84T	1.08T	909.14B
Gross Profit	138.31B	105.71B	183.87B	86.98B	77.78B
EBITDA	289.50B	259.79B	291.51B	183.98B	174.22B
Net Income	92.47B	77.77B	113.69B	69.69B	22.30B
Balance Sheet
Total Assets	3.67T	3.48T	3.36T	3.07T	2.84T
Cash, Cash Equivalents and Short-Term Investments	416.46B	431.96B	342.02B	223.07B	189.84B
Total Debt	1.88T	1.87T	1.89T	1.79T	1.67T
Total Liabilities	2.21T	2.14T	2.17T	2.10T	1.99T
Stockholders Equity	1.34T	1.22T	1.08T	916.03B	809.14B
Cash Flow
Free Cash Flow	126.42B	138.18B	10.97B	-6.90B	8.66B
Operating Cash Flow	250.34B	254.02B	155.83B	128.38B	167.96B
Investing Cash Flow	-122.83B	-161.95B	-150.84B	-178.85B	-143.27B
Financing Cash Flow	-133.70B	-65.86B	96.02B	84.07B	7.03B

Electric Power Development Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2818.00
• 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:9513, the sentiment is Positive. The current price of 2818 is above the 20-day moving average (MA) of 2627.00, above the 50-day MA of 2511.36, and above the 200-day MA of 2491.34, indicating a bullish trend. The MACD of 77.75 indicates Negative momentum. The RSI at 75.49 is Negative, neither overbought nor oversold. The STOCH value of 90.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9513.

Electric Power Development Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9513	73 Outperform	¥512.81B	4.30	9.38%	3.55%	5.85%	39.06%
9501	72 Outperform	$1.07T	5.86	-25.31%	―	-0.78%	-467.97%
9506	72 Outperform	¥574.77B	3.60	17.06%	3.05%	-8.33%	-22.92%
9509	70 Outperform	¥215.69B	3.38	17.25%	1.90%	-2.86%	3.20%
9503	68 Neutral	$2.15T	4.92	14.81%	3.00%	4.75%	-0.16%
Sector *	67 Neutral	$17.90B	18.84	6.87%	3.40%	7.32%	12.41%
9504	60 Neutral	$317.14B	3.11	15.39%	3.07%	-1.90%	8.34%

Electric Power Development Co Corporate Events

J-POWER Reports Increased Profitability Despite Revenue Decline

Electric Power Development Co., Ltd. (J-POWER) reported its financial results for the three months ended June 30, 2025, showing a decrease in operating revenue by 3.4% compared to the previous year. However, the company saw significant increases in ordinary profit and profit attributable to owners of the parent, with rises of 108.5% and 104.5% respectively, indicating improved profitability. Despite the decline in comprehensive income by 67.7%, the company’s equity ratio improved slightly, suggesting a stable financial position. The announcement also noted no changes in dividend forecasts and highlighted the inclusion of three new companies in its consolidation scope, reflecting strategic growth initiatives.

The most recent analyst rating on (JP:9513) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on Electric Power Development Co stock, see the JP:9513 Stock Forecast page.

J-POWER Enhances Stock-Based Compensation System

Electric Power Development Co., Ltd. (J-POWER) announced the continuation and additional contribution to its stock-based compensation system for directors and executive officers. The board resolved to extend the system’s target period, revise the trust fund limits, and acquire additional shares, impacting the company’s financial commitments and potentially influencing stakeholder interests.

The most recent analyst rating on (JP:9513) stock is a Hold with a Yen2320.00 price target. To see the full list of analyst forecasts on Electric Power Development Co stock, see the JP:9513 Stock Forecast page.

J-POWER Boosts U.S. Solar Investments with Capital Increase

J-POWER has announced a capital increase for its subsidiaries in the U.S. to support the development of a solar power project. This move aligns with the company’s strategy to shift from conventional gas-fired power generation to renewable energy, enhancing its market position in the renewable sector and supporting its carbon-neutral goals.

The most recent analyst rating on (JP:9513) stock is a Hold with a Yen2320.00 price target. To see the full list of analyst forecasts on Electric Power Development Co stock, see the JP:9513 Stock Forecast page.

J-POWER Announces Corrections to Financial Results for FY 2025

J-POWER has announced corrections to its consolidated financial results for the fiscal year ended March 31, 2025. The corrections pertain to the financial position, specifically regarding the amount of non-recourse loans in overseas business, which was adjusted from 385.6 billion yen to 326.0 billion yen. These adjustments reflect the company’s ongoing financial restructuring following the acquisition of GENEX POWER LIMITED as a subsidiary, impacting its total liabilities and shareholders’ equity ratio.

The most recent analyst rating on (JP:9513) stock is a Hold with a Yen2320.00 price target. To see the full list of analyst forecasts on Electric Power Development Co stock, see the JP:9513 Stock Forecast page.

J-POWER Announces Corrections to Financial Results

Electric Power Development Co., Ltd. (J-POWER) has announced corrections to its previously released financial results for the fiscal year ended March 31, 2025. The corrections pertain to the consolidated financial statements, specifically the breakdown of assets and liabilities related to a business combination, indicating adjustments in the reported figures for fixed and current assets, as well as liabilities.

The most recent analyst rating on (JP:9513) stock is a Hold with a Yen2320.00 price target. To see the full list of analyst forecasts on Electric Power Development Co stock, see the JP:9513 Stock Forecast page.