Computer Engineering & Consulting Ltd. (JP:9692)
:9692
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Computer Engineering & Consulting Ltd.
(9692)
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Rating:74Outperform
Price Target:
¥2,325.00
▼(-4.79% Downside)
Action:ReiteratedDate:03/13/26
The score is driven primarily by strong financial quality (notably the very low leverage and solid growth/profitability) and supportive valuation (moderate P/E with a high dividend yield). These strengths are tempered by mixed technicals, with the stock still below key longer-term moving averages and a negative MACD.
Positive Factors
Conservative balance sheet
The company’s very low debt-to-equity (~0.9% in 2026) and growing equity base provide durable financial flexibility and downside protection. This conservative financing reduces solvency risk, supports capital allocation optionality, and helps withstand sector cycles over multiple quarters.
Negative Factors
Margin compression vs 2023
Margins have materially contracted from 2023 peaks, with net and EBIT margins falling meaningfully. Persistent compression suggests structural cost pressure or pricing challenges that could limit earnings leverage from future revenue growth unless management restores prior margin dynamics.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
The company’s very low debt-to-equity (~0.9% in 2026) and growing equity base provide durable financial flexibility and downside protection. This conservative financing reduces solvency risk, supports capital allocation optionality, and helps withstand sector cycles over multiple quarters.
Read all positive factors
Computer Engineering & Consulting Ltd. (9692) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥65.42B
Dividend Yield2.41%
Average Volume (3M)66.73K
Price to Earnings (P/E)13.3
Beta (1Y)0.71
Revenue Growth13.05%
EPS Growth4.42%
CountryJP
Employees2,270
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)38.70
Shares Outstanding35,168,200
10 Day Avg. Volume45,020
30 Day Avg. Volume66,726
Financial Highlights & Ratios
PEG Ratio0.38
Price to Book (P/B)1.62
Price to Sales (P/S)1.05
P/FCF Ratio13.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)171.4
Revenue Forecast (FY)¥69.60B
Computer Engineering & Consulting Ltd. Business Overview & Revenue Model
Company Description
Computer Engineering & Consulting, Ltd. engages in digital industry and system integration businesses in Japan. It offers ICT services for manufacturing industry. The company also provides system development, construction, maintenance, and operati...
How the Company Makes Money
The company generates revenue primarily through its consulting services, which include project-based work and ongoing support contracts. Key revenue streams consist of fees for software development projects, consulting services, and maintenance co...
Computer Engineering & Consulting Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 59.48B | 65.88B | 56.21B | 53.12B | 48.21B | 45.22B |
| Gross Profit | 16.04B | 16.86B | 15.35B | 14.10B | 11.31B | 10.84B |
| EBITDA | 7.66B | 8.15B | 7.52B | 7.03B | 5.14B | 4.89B |
| Net Income | 4.21B | 5.20B | 4.04B | 4.54B | 5.18B | 3.04B |
Balance Sheet | ||||||
| Total Assets | 53.35B | 62.21B | 52.64B | 51.39B | 46.33B | 45.15B |
| Cash, Cash Equivalents and Short-Term Investments | 25.97B | 25.20B | 25.47B | 26.71B | 23.30B | 22.43B |
| Total Debt | 376.00M | 389.00M | 350.00M | 363.80M | 377.40M | 391.00M |
| Total Liabilities | 13.48B | 19.60B | 12.23B | 10.60B | 8.95B | 9.41B |
| Stockholders Equity | 39.87B | 42.60B | 40.40B | 40.79B | 37.38B | 35.74B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 5.01B | 4.50B | 5.25B | 1.65B | 2.02B |
| Operating Cash Flow | 0.00 | 5.83B | 5.27B | 5.68B | 2.49B | 3.15B |
| Investing Cash Flow | 0.00 | -2.18B | -1.67B | -747.91M | 1.93B | -340.73M |
| Financing Cash Flow | 0.00 | -3.91B | -4.85B | -1.53B | -3.56B | -1.41B |
Computer Engineering & Consulting Ltd. Technical Analysis
Neutral
2442.00
Price Trends
2012.32
Negative
2154.74
Negative
2187.22
Negative
Market Momentum
-5.02
Negative
52.06
Neutral
84.17
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9692, the sentiment is Neutral. The current price of 2442 is above the 20-day moving average (MA) of 1976.40, above the 50-day MA of 2012.32, and above the 200-day MA of 2187.22, indicating a neutral trend. The MACD of -5.02 indicates Negative momentum. The RSI at 52.06 is Neutral, neither overbought nor oversold. The STOCH value of 84.17 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9692.
Computer Engineering & Consulting Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥74.86B | 21.08 | 31.71% | 1.68% | 16.12% | 46.57% | |
74 Outperform | ¥65.42B | 13.29 | ― | 2.41% | 13.05% | 4.42% | |
74 Outperform | ¥95.21B | 11.45 | ― | 2.59% | 5.22% | -6.62% | |
73 Outperform | ¥49.95B | 9.37 | ― | 2.81% | 4.47% | 11.37% | |
72 Outperform | ¥50.64B | 23.84 | ― | 1.50% | 13.48% | 35.63% | |
70 Outperform | ¥93.50B | 19.91 | ― | 1.02% | 26.47% | 142.77% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
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Computer Engineering & Consulting Ltd. Corporate Events
CEC adopts long-term stock option plan to align directors with shareholders
Mar 6, 2026
Computer Engineering Consulting Ltd. has approved the issuance of 96 stock acquisition rights as share-based compensation for its directors who are not members of the Audit and Supervisory Committee and are not outside directors. The program, cov...
Computer Engineering & Consulting Retires 2.47% of Outstanding Shares
Jan 16, 2026
Computer Engineering Consulting Ltd. has retired 891,400 shares of its common stock, equivalent to 2.47% of its previously issued and outstanding shares, pursuant to a board resolution made in March 2025 and executed on January 16, 2026 under Art...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.