Fulltech Co. Ltd. (6546) AI Stock Analysis

• Market Cap: ¥6.49B
• Dividend Yield: 2.64%
• Average Volume (3M): 2.01K
• Price to Earnings (P/E): 16.3
• Beta (1Y): 0.17
• Revenue Growth: 1.94%
• EPS Growth: 6.32%
• Country: JP
• Employees: 719
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): -2.42
• Shares Outstanding: 5,367,800
• 10 Day Avg. Volume: 2,020
• 30 Day Avg. Volume: 2,010
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥1,225.00
• Price Target Upside: 1.32% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ¥1,225.00 ▲(1.32% Upside)

Fulltech Co. Ltd. scores well due to its strong financial performance, characterized by revenue growth, stable balance sheet, and robust cash flows. The technical analysis indicates a neutral market position, while the valuation suggests fair pricing with a decent dividend yield. Without recent earnings call insights or notable corporate events, these remain the key factors influencing the stock score.

Fulltech Co. Ltd. Business Overview & Revenue Model

Company Description

Fulltech Co.Ltd. manufactures, sells, constructs, and maintains hardware and related products. The company's products include automatic doors, automatic door peripheral products, stainless steel sash products, smoking area systems, security products, and others. It also engages in the sale, operation, and management of the bicycle parking racks and systems. The company was founded in 1963 and is headquartered in Sapporo, Japan.

How the Company Makes Money

Fulltech Co. Ltd. generates revenue primarily through the sale of its thermal management products, such as cooling fans and blowers. These products are crucial for maintaining optimal operating conditions in electronic devices and systems across various industries. The company supplies its products to a diverse customer base that includes manufacturers of computers, telecommunications equipment, and consumer electronics. Additionally, Fulltech Co. Ltd. may benefit from strategic partnerships and collaborations with major players in these sectors, enhancing its market reach and securing long-term supply contracts. The company may also invest in research and development to innovate and improve its product offerings, thereby sustaining its competitive edge and driving sales growth.

Fulltech Co. Ltd. Financial Statement Overview

Summary

Fulltech Co. Ltd. shows strong revenue growth and improved profit margins, with a stable balance sheet and robust cash flow generation. Effective cost management and low leverage indicate financial stability, though return on equity could be improved.

Income Statement

Fulltech Co. Ltd. demonstrates strong revenue growth with a notable increase from ¥11.92 billion in 2022 to ¥13.81 billion in 2024, reflecting a positive trajectory. The company maintains robust gross and net profit margins, with the gross profit margin at approximately 33.7% and net profit margin improving to 3.3% by 2024. EBIT and EBITDA margins further underline strong operational performance, with the EBITDA margin improving to 6.0% in 2024. These figures suggest effective cost management and operational efficiency.

Balance Sheet

The balance sheet reflects stability with a favorable debt-to-equity ratio of approximately 0.10 in 2024, indicating low leverage risk. The equity ratio remains healthy at around 54.6%, signifying a strong equity base relative to total assets. Return on equity is modest at 6.8%, showing room for improvement in generating returns for shareholders. Overall, the company's financial position is stable with prudent debt management.

Cash Flow

Fulltech Co. Ltd. exhibits robust cash flow generation, with free cash flow growing significantly from ¥150 million in 2022 to ¥644 million in 2024, representing a strong free cash flow growth rate. The operating cash flow to net income ratio is healthy, indicating effective conversion of earnings into cash. The free cash flow to net income ratio is also positive, reflecting good cash efficiency. Such strong cash flows provide flexibility for future investments and debt management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.55B	13.81B	12.78B	11.94B	11.51B	11.67B
Gross Profit	4.74B	4.65B	4.05B	3.57B	4.04B	3.83B
EBITDA	902.25M	825.00M	582.76M	318.18M	811.47M	589.57M
Net Income	483.71M	457.90M	239.21M	94.05M	436.61M	277.93M
Balance Sheet
Total Assets	11.52B	12.23B	12.00B	10.84B	11.06B	10.41B
Cash, Cash Equivalents and Short-Term Investments	2.08B	2.84B	2.65B	1.81B	1.86B	1.90B
Total Debt	1.14B	696.84M	751.66M	92.09M	211.31M	279.35M
Total Liabilities	4.70B	5.55B	5.59B	4.69B	4.61B	4.24B
Stockholders Equity	6.81B	6.69B	6.41B	6.15B	6.45B	6.17B
Cash Flow
Free Cash Flow	0.00	632.72M	355.02M	150.28M	199.18M	-323.42M
Operating Cash Flow	0.00	753.16M	649.01M	376.44M	490.10M	445.98M
Investing Cash Flow	0.00	-66.83M	-318.51M	-136.83M	-312.15M	-782.34M
Financing Cash Flow	0.00	-503.30M	509.28M	-287.79M	-212.99M	-252.24M

Fulltech Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1209.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6546, the sentiment is Positive. The current price of 1209 is above the 20-day moving average (MA) of 1197.80, above the 50-day MA of 1171.46, and above the 200-day MA of 1116.99, indicating a bullish trend. The MACD of 10.02 indicates Negative momentum. The RSI at 61.68 is Neutral, neither overbought nor oversold. The STOCH value of 78.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6546.

Fulltech Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6229	80 Outperform	¥6.81B	10.64	5.37%	3.00%	13.41%	12.59%
6286	77 Outperform	¥6.82B	6.45	6.55%	2.08%	11.90%	10.46%
6546	74 Outperform	¥6.49B	16.25	―	2.64%	1.94%	6.32%
6158	68 Neutral	¥5.96B	15.92	4.24%	3.68%	-4.13%	-39.40%
6391	68 Neutral	¥5.68B	10.09	7.40%	1.16%	0.55%	-19.84%
6155	50 Neutral	¥5.30B	-8.45	-3.96%	2.06%	-4.30%	10.69%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%