eWeLL Co.,Ltd AI Stock Analysis
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eWeLL Co.,Ltd (5038) AI Stock Analysis
eWeLL Co.,Ltd
(TSE/TYO:5038)
The score is primarily supported by very strong financial quality (high margins, debt-free balance sheet, and strong cash conversion). Technicals are moderately constructive with price above key moving averages, but valuation is less attractive due to a higher P/E and low dividend yield, which tempers the overall rating.
eWeLL Co.,Ltd (5038) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 33.59B
- Dividend Yield
- 0.70%
- Average Volume (3M)
- 43.78K
- Price to Earnings (P/E)
- 28.1
- Beta (1Y)
- 0.91
- Revenue Growth
- 27.32%
- EPS Growth
- 20.92%
- Country
- Japan
- Employees
- 107
- Sector
- General
- Sector Strength
- 55
- Industry
- Software - Application
eWeLL Co.,Ltd Business Overview & Revenue Model
Company Description
Established in 2012 and headquartered in Osaka, Japan, eWeLL Co.,Ltd. is a developer of cloud-based business support services specifically designed for visiting nursing stations throughout Japan. Their core offerings include iBow, a Software-as-a-Ser...
How the Company Makes Money
eWeLL Co.,Ltd primarily generates revenue by providing services to healthcare/care providers (notably home-visit nursing operators) that help manage and run their operations. Key revenue streams typically include fees for the use of its platforms/sys...
eWeLL Co.,Ltd Financial Statement Overview
Summary
Strong multi-year revenue compounding with consistently high gross margins (~77–82%) and excellent profitability (2025 net margin ~32%, EBIT margin ~45%). Balance sheet is debt-free with solid ROE (~32% in 2025), and cash conversion is strong (operating cash flow exceeds net income; FCF ~0.97x net income). Main risk is the material deceleration in latest-year revenue growth (~14% in 2025).
Income Statement
92Very PositiveBalance Sheet
95Very PositiveCash Flow
88Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.78B | 3.39B | 2.57B | 2.07B | 1.60B | 1.19B |
| Gross Profit | 2.90B | 2.65B | 1.94B | 1.60B | 1.26B | 969.51M |
| EBITDA | 1.81B | 1.64B | 1.22B | 967.84M | 725.48M | 414.60M |
| Net Income | 1.20B | 1.09B | 808.26M | 612.90M | 449.56M | 340.29M |
Balance Sheet | ||||||
| Total Assets | 4.35B | 4.28B | 3.10B | 2.41B | 1.65B | 1.06B |
| Cash, Cash Equivalents and Short-Term Investments | 2.81B | 2.86B | 1.97B | 1.41B | 1.08B | 617.07M |
| Total Debt | 0 | 0 | 0 | 91.50M | 96.06M | 180.62M |
| Total Liabilities | 808.39M | 908.43M | 687.05M | 719.78M | 544.97M | 557.12M |
| Stockholders Equity | 3.54B | 3.38B | 2.41B | 1.69B | 1.11B | 504.15M |
Cash Flow | ||||||
| Free Cash Flow | 0 | 1.23B | 839.09M | 440.68M | 527.34M | 347.06M |
| Operating Cash Flow | 0 | 1.27B | 856.79M | 626.91M | 543.38M | 408.64M |
| Investing Cash Flow | 0 | -210.38M | -77.89M | -217.84M | -136.43M | -73.75M |
| Financing Cash Flow | 0 | -168.38M | -225.88M | -71.36M | 51.19M | -44.56M |
eWeLL Co.,Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5038, the sentiment is Positive. The current price of 2294.00 is below the 20-day moving average (MA) of 2305.10, above the 50-day MA of 2230.96, and above the 200-day MA of 2139.76, indicating a neutral trend. The MACD of 8.44 indicates Positive momentum. The RSI at 51.55 is Neutral, neither overbought nor oversold. The STOCH value of 63.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5038.
eWeLL Co.,Ltd Peers Comparison
Overall Rating
JP:962981Outperform- JP:503880Outperform
JP:447773Outperform
JP:383566.5Neutral
JP:439760Neutral
JP:502759Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:9629 | 81Outperform | JPY 29.75B | 15.21 | ― | 6.04% | 8.61% | 30.21% |
| JP:5038 | 80Outperform | JPY 35.40B | 28.12 | ― | 0.70% | 27.32% | 20.92% |
| JP:4477 | 73Outperform | JPY 36.32B | 15.49 | ― | 1.61% | 36.14% | 304.76% |
| JP:3835 | 67Neutral | JPY 15.52B | 15.55 | ― | 4.38% | 1.86% | -12.57% |
| JP:4397 | 60Neutral | JPY 5.68B | 15.27 | ― | ― | 23.50% | 2.72% |
| JP:5027 | 59Neutral | JPY 45.30B | 34.83 | ― | 0.27% | 28.94% | -29.21% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:5038 | eWeLL Co.,Ltd | 2294.00 | -646.93 | -22.00% | |
| JP:3835 | eBASE Co., Ltd. | 341.00 | -103.95 | -23.36% | |
| JP:4397 | TeamSpirit, Inc. | 352.00 | -179.00 | -33.71% | |
| JP:4477 | BASE, Inc. | 310.00 | -32.79 | -9.57% | |
| JP:5027 | AnyMind Group Inc. | 730.00 | -20.61 | -2.75% | |
| JP:9629 | PCA Corporation | 1570.00 | -146.91 | -8.56% |
eWeLL Co.,Ltd Corporate Events
eWeLL Outlines FY12/2026 2Q Results and Investor Briefing Highlights
eWeLL Co., Ltd. held a financial results briefing for the second quarter of the fiscal year ending December 2026, led by President and Representative Director Norito Nakano. The company released supporting materials and a transcript summarizing manag...
eWeLL Delivers Strong 1H FY2026 Results and Expands AI Home-Visit Routing Service
eWeLL Co., Ltd. reported strong financial results for the first half of FY12/2026, with sales rising 24.2% year on year to JPY1,991 million and operating profit increasing 20.1% to JPY946 million, driving a robust operating margin of 47.5%. Managemen...
eWeLL Delivers Strong First-Half Earnings and Lifts Full-Year Dividend Forecast
eWeLL Co., Ltd. reported strong interim non-consolidated results for the six months ended June 30, 2026, with net sales rising 24.2% year on year to ¥1,991 million and net income climbing 21.1% to ¥663 million, driven by higher operating and ordinary...
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: Aug 29, 2026