Nulab Inc. AI Stock Analysis
Want to see JP:5033 full AI Analyst Report?
Nulab Inc. (5033) AI Stock Analysis
Nulab Inc.
(TSE/TYO:5033)
The score is primarily supported by a very strong, de-risked balance sheet and continued profitability/positive free cash flow, but it is held back by a sharp 2026 margin and cash flow step-down and slowing revenue growth. Technicals are weak in the near term (below key short-term moving averages), and the elevated P/E with no dividend yield data provides limited valuation support.
Nulab Inc. (5033) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 7.68B
- Dividend Yield
- ―
- Average Volume (3M)
- 56.35K
- Price to Earnings (P/E)
- 47.2
- Beta (1Y)
- 0.59
- Revenue Growth
- 7.04%
- EPS Growth
- -67.36%
- Country
- Japan
- Employees
- 207
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
Nulab Inc. Business Overview & Revenue Model
Company Description
Nulab Inc. develops solution that promotes team collaboration. The company offers Backlog, a project and task management tool; Nulab Pass, a tool which strengthens your organization information security governance; Cacoo, a visual collaboration tool...
Nulab Inc. Financial Statement Overview
Summary
Overall fundamentals are solid but mixed. Revenue is still growing, yet growth cooled in 2026 and profitability weakened materially (net margin down to ~4.1% from ~13.4% in 2025). Offsetting this, the balance sheet is very strong with effectively no debt and meaningfully higher equity, while free cash flow remains positive but volatile and declined in 2026.
Income Statement
63PositiveBalance Sheet
86Very PositiveCash Flow
58Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.47B | 4.39B | 4.11B | 3.66B | 2.71B | 2.33B |
| Gross Profit | 3.26B | 3.24B | 2.96B | 2.64B | 1.73B | 1.42B |
| EBITDA | 518.39M | 474.82M | 753.00M | 424.12M | 179.14M | 266.01M |
| Net Income | 163.37M | 178.55M | 552.68M | 308.16M | 88.42M | 197.88M |
Balance Sheet | ||||||
| Total Assets | 4.73B | 4.52B | 4.25B | 3.48B | 2.61B | 1.62B |
| Cash, Cash Equivalents and Short-Term Investments | 3.24B | 2.98B | 3.13B | 2.48B | 1.74B | 1.13B |
| Total Debt | 8.65M | 2.03M | 5.00M | 8.00M | 13.75M | 58.69M |
| Total Liabilities | 2.67B | 2.54B | 2.34B | 2.15B | 1.66B | 1.23B |
| Stockholders Equity | 2.07B | 1.98B | 1.91B | 1.33B | 958.63M | 391.25M |
Cash Flow | ||||||
| Free Cash Flow | 0 | 264.67M | 724.95M | 694.57M | 169.40M | 321.29M |
| Operating Cash Flow | 0 | 282.67M | 749.13M | 811.90M | 297.32M | 401.01M |
| Investing Cash Flow | 0 | -350.51M | -128.81M | -110.72M | -130.74M | -74.35M |
| Financing Cash Flow | 0 | -99.61M | -1.00M | 16.87M | 417.41M | -95.27M |
Nulab Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5033, the sentiment is Neutral. The current price of 1209.00 is below the 20-day moving average (MA) of 1235.50, below the 50-day MA of 1209.04, and above the 200-day MA of 887.93, indicating a neutral trend. The MACD of -0.63 indicates Positive momentum. The RSI at 48.75 is Neutral, neither overbought nor oversold. The STOCH value of 78.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5033.
Nulab Inc. Peers Comparison
Overall Rating
JP:406072Outperform
JP:416871Outperform
JP:444862.6Neutral
JP:439760Neutral- JP:503360Neutral
JP:407455Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:4060 | 72Outperform | JPY 6.60B | 24.15 | ― | 0.80% | 30.60% | 17.83% |
| JP:4168 | 71Outperform | JPY 9.61B | 8.54 | ― | 1.95% | 12.19% | 30.65% |
| JP:4448 | 63Neutral | JPY 14.07B | 18.87 | ― | ― | 14.06% | ― |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| JP:4397 | 60Neutral | JPY 5.81B | 15.40 | ― | ― | 23.50% | 2.72% |
| JP:5033 | 60Neutral | JPY 8.01B | 47.24 | ― | ― | 7.04% | -67.36% |
| JP:4074 | 55Neutral | JPY 5.36B | -22.73 | ― | ― | -3.34% | -154.21% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:5033 | Nulab Inc. | 1209.00 | 392.00 | 47.98% | |
| JP:4060 | rakumo Inc. | 1117.00 | 36.81 | 3.41% | |
| JP:4074 | LaKeel,Inc | 668.00 | -229.00 | -25.53% | |
| JP:4168 | Yappli, Inc. | 742.00 | -271.68 | -26.80% | |
| JP:4397 | TeamSpirit, Inc. | 348.00 | -177.00 | -33.71% | |
| JP:4448 | Chatwork Co.Ltd. | 323.00 | -67.00 | -17.18% |
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.
Date of analysis: Nov 06, 2026