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Canare Electric Co., Ltd. (JP:5819)
:5819
Japanese Market

Canare Electric Co., Ltd. (5819) AI Stock Analysis

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JP

Canare Electric Co., Ltd.

(5819)

Rating:77Outperform
Price Target:
Canare Electric Co., Ltd. demonstrates a strong financial foundation with excellent cash flow, no debt, and robust profitability, which are significant strengths. The valuation appears attractive with a low P/E ratio and a high dividend yield. However, technical indicators present a mixed picture, which slightly offsets the otherwise strong financial performance and valuation. The overall score reflects a solid investment with potential for future growth, tempered by the need for careful monitoring of market trends.

Canare Electric Co., Ltd. (5819) vs. iShares MSCI Japan ETF (EWJ)

Canare Electric Co., Ltd. Business Overview & Revenue Model

Company DescriptionCanare Electric Co., Ltd. (5819) is a Japanese company specializing in the manufacturing and sale of professional audio and video equipment. Founded in 1970, Canare Electric is renowned for its high-quality cables, connectors, and related accessories used in broadcasting, telecommunications, and various other sectors where reliable signal transmission is critical. The company's products are utilized globally in studios, live events, and installations requiring superior audio and video performance.
How the Company Makes MoneyCanare Electric Co., Ltd. generates revenue primarily through the design, production, and sale of a comprehensive range of audio and video cables and connectors. Its core revenue streams include sales of bulk cables, assemblies, and accessories for professional audio and video applications. Additionally, the company benefits from long-standing relationships and partnerships with broadcasters, integrators, and distributors worldwide, which help ensure a steady demand for its products. Canare Electric's commitment to quality and innovation also allows it to maintain a competitive edge in the market, contributing to its financial performance.

Canare Electric Co., Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
12.38B12.87B11.17B10.03B9.70B
Gross Profit
5.21B5.41B4.43B3.94B3.91B
EBIT
1.39B1.67B1.18B1.01B916.71M
EBITDA
1.62B1.99B1.47B1.21B1.20B
Net Income Common Stockholders
1.04B1.19B868.94M681.43M679.46M
Balance SheetCash, Cash Equivalents and Short-Term Investments
11.47B10.27B9.71B9.78B9.31B
Total Assets
19.63B18.91B17.73B16.27B15.26B
Total Debt
0.000.000.000.000.00
Net Debt
-11.47B-10.27B-9.61B-9.78B-9.26B
Total Liabilities
1.66B1.89B2.04B1.56B1.35B
Stockholders Equity
17.96B17.02B15.69B14.72B13.92B
Cash FlowFree Cash Flow
1.33B716.25M-93.98M456.09M1.15B
Operating Cash Flow
1.46B808.79M835.63M515.54M1.27B
Investing Cash Flow
317.00M-561.06M-913.71M-119.97M-197.84M
Financing Cash Flow
-543.00M-369.04M-290.13M-214.35M-284.50M

Canare Electric Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1543.00
Price Trends
50DMA
1506.20
Positive
100DMA
1491.54
Positive
200DMA
1447.03
Positive
Market Momentum
MACD
14.13
Negative
RSI
58.80
Neutral
STOCH
42.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5819, the sentiment is Positive. The current price of 1543 is above the 20-day moving average (MA) of 1529.20, above the 50-day MA of 1506.20, and above the 200-day MA of 1447.03, indicating a bullish trend. The MACD of 14.13 indicates Negative momentum. The RSI at 58.80 is Neutral, neither overbought nor oversold. The STOCH value of 42.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5819.

Canare Electric Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
$23.43T20.3214.32%0.49%-0.49%19.71%
77
Outperform
¥10.41B9.71
3.69%-3.00%-7.76%
75
Outperform
$3.79T10.347.85%2.79%-0.45%-17.53%
74
Outperform
$6.27T28.1711.70%0.87%-5.48%-11.96%
70
Outperform
¥4.16T24.08
3.60%9.08%-33.61%
66
Neutral
$4.48B12.245.32%248.54%4.09%-12.10%
60
Neutral
$446.84B80.030.91%3.23%-0.27%-81.00%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:5819
Canare Electric Co., Ltd.
1,543.00
50.26
3.37%
JP:7751
Canon Inc.
4,282.00
-125.23
-2.84%
JP:7731
Nikon
1,443.50
-96.82
-6.29%
JP:6752
Panasonic
1,647.00
338.30
25.85%
JP:6758
Sony
3,790.00
1,091.54
40.45%
JP:6702
Fujitsu
3,353.00
990.11
41.90%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.