RS Technologies Co. Ltd. (3445) AI Stock Analysis

• Market Cap: ¥77.06B
• Dividend Yield: 1.2%
• Average Volume (3M): 106.29K
• Price to Earnings (P/E): 8.3
• Beta (1Y): 1.10
• Revenue Growth: 11.53%
• EPS Growth: 20.33%
• Country: JP
• Employees: 2,614
• Sector: Technology
• Sector Strength: 81
• Industry: Semiconductors
• EPS (TTM): 65.02
• Shares Outstanding: 26,455,301
• 10 Day Avg. Volume: 107,530
• 30 Day Avg. Volume: 106,293
• PEG Ratio: 52.44
• Price to Book (P/B): 1.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 20.82
• 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

• Rating: 81 Outperform
• Price Target: ¥3,251.00 ▲(11.60%Upside)

RS Technologies' strong financial performance, characterized by robust growth and profitability, is the primary driver of its high score. The stock's undervaluation further enhances its investment appeal. Technical indicators suggest a positive but cautious outlook, with no immediate concerns of overvaluation or overbought conditions.

RS Technologies Co. Ltd. Business Overview & Revenue Model

Company Description

RS Technologies Co. Ltd. (3445) is a Japanese company primarily engaged in the semiconductor sector. The company focuses on the production and sales of silicon wafers, as well as providing related services such as wafer recycling and refurbishment. RS Technologies stands out in the industry for its expertise in silicon wafer manufacturing and its commitment to sustainability through its recycling operations.

How the Company Makes Money

RS Technologies Co. Ltd. makes money through several key revenue streams. The primary source of income is the sale of silicon wafers, which are crucial components in the production of semiconductors used in a wide array of electronic devices. In addition to wafer sales, the company generates revenue by offering recycling and refurbishment services for used silicon wafers, thereby catering to companies that prioritize sustainability and cost-efficiency. The company's focus on innovation and quality assurance helps maintain its competitive edge and attract partnerships with major semiconductor manufacturers. These partnerships, along with a strong presence in the semiconductor supply chain, significantly contribute to its earnings.

RS Technologies Co. Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
55.84B	51.89B	49.86B	34.62B	25.56B	24.50B
	Gross Profit
17.49B	17.41B	18.43B	11.87B	8.68B	7.94B
	EBIT
11.58B	11.89B	13.02B	6.87B	4.53B	4.72B
	EBITDA
17.32B	18.94B	18.77B	10.57B	6.51B	7.06B
	Net Income Common Stockholders
7.81B	7.70B	12.74B	4.74B	2.82B	4.07B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.88B	70.76B	67.94B	27.77B	19.08B	22.16B
	Total Assets
36.72B	140.67B	127.55B	79.06B	58.75B	48.63B
	Total Debt
2.85B	6.66B	9.37B	9.41B	4.51B	5.10B
	Net Debt
-12.03B	-64.10B	-58.57B	-18.35B	-14.57B	-17.05B
	Total Liabilities
7.58B	25.24B	26.08B	24.05B	18.38B	12.65B
	Stockholders Equity
18.16B	56.26B	47.12B	28.87B	23.92B	20.87B
Cash Flow		Free Cash Flow
3.91B	8.36B	9.94B	228.73M	-2.87B	4.21B
	Operating Cash Flow
3.91B	13.86B	15.32B	9.34B	6.38B	9.02B
	Investing Cash Flow
0.00	-8.92B	-1.73B	-15.61B	-9.19B	-6.11B
	Financing Cash Flow
0.00	-4.84B	32.93B	8.07B	-776.11M	4.21B

RS Technologies Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2913.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3445, the sentiment is Positive. The current price of 2913 is above the 20-day moving average (MA) of 2808.35, above the 50-day MA of 2732.50, and below the 200-day MA of 3214.70, indicating a neutral trend. The MACD of 60.62 indicates Negative momentum. The RSI at 63.81 is Neutral, neither overbought nor oversold. The STOCH value of 79.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3445.

RS Technologies Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3445	81 Outperform	¥77.06B	8.30		1.20%	11.53%	20.33%
6855	79 Outperform	¥27.42B	7.94		3.22%	36.47%	454.91%
6707	64 Neutral	¥184.19B	3.62		0.38%	-48.30%	―
Sector *	61 Neutral	$11.48B	10.48	-6.95%	2.94%	7.54%	-9.55%
3436	61 Neutral	¥335.00B	18.72		2.19%	-0.96%	-42.79%
6967	60 Neutral	¥797.03B	44.52		0.84%	2.41%	-3.95%

RS Technologies Co. Ltd. Corporate Events

RS Technologies Expands Production Amid Strong Demand and Market Shifts

RS Technologies Co., Ltd. reported increased sales in its Wafer Reclaimed Business for the first quarter of FY2025, despite a slight decline in operating profit margin due to higher cost ratios of sales wafers. The company is expanding production capacity at its Sanbongi and Taiwan plants to meet strong demand. In the Prime Wafer Business, operating margins improved due to better production efficiency and increased sales of high-margin silicon components. RS Technologies is also preparing for capital investment to expand its 8-inch wafer production in China, despite the market’s gradual shift to 12-inch wafers. The company is advancing its 12-inch prime wafer business by acquiring certifications and increasing its share in its subsidiary SGRS to strengthen competitiveness. Additionally, RS Technologies is establishing its first manufacturing base in China for vanadium redox flow batteries to tap into the rapidly growing market.

RS Technologies Issues New Shares as Restricted Stock Compensation

RS Technologies Co., Ltd. announced the issuance of new shares as restricted stock compensation, a strategic move to align the interests of its directors and executive officers with shareholders. This initiative aims to motivate key personnel to contribute to the company’s stock price growth and overall corporate value, reflecting a proactive approach to stakeholder engagement and corporate governance.

RS Technologies Revises China Subsidiary Plans to Strengthen VRFB Production

RS Technologies Co., Ltd. announced changes to its plan for establishing a subsidiary in China, including a revised ownership structure and a new location in Shandong Province. This strategic move aims to leverage local subsidies and support measures for VRFB, enhancing the company’s manufacturing capabilities and positioning in the new energy industry.

RS Technologies Strengthens Climate Change Disclosures and Risk Management

RS Technologies Co., Ltd. has updated its greenhouse gas emissions data as part of its commitment to the Task Force on Climate-related Financial Disclosures (TCFD) framework, which it has followed since 2023. The company is enhancing its climate change risk management and corporate social responsibility (CSR) initiatives, aiming for a sustainable society and increased corporate value. The Risk Management Committee, comprising inside and outside directors, oversees sustainability issues, including climate change, and reports significant impacts to the Board of Directors. The company uses scenario analysis to assess climate change impacts on its business, focusing on its wafer reclaimed business, and has developed countermeasures for potential risks and opportunities.