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Inspec Inc.
(6656)
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Rating:46Neutral
Price Target:
¥820.00
▲(40.41% Upside)
Action:Reiterated
Date:09/15/26
The score is held back primarily by weak financial quality (high leverage and sharply negative, volatile cash flow) and bearish technical momentum with the stock trading below key moving averages. A moderate P/E provides some valuation support, but it is not enough to offset the balance sheet and cash flow risks.
Positive Factors
Revenue Rebound
Revenue has recovered for two consecutive years after the sharp 2024 decline, indicating renewed demand and improved business activity. If this rebound persists, it can support operating scale, strengthen customer traction, and provide a foundation for rebuilding earnings over the next several quarters.
Negative Factors
Elevated Rising Leverage
Increasing debt dependence reduces financial flexibility and leaves less capacity to absorb a downturn or fund growth internally. The elevated debt-to-equity ratio can also increase pressure on future cash generation and restrict capital allocation, particularly in a cyclical semiconductor environment.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Rebound
Revenue has recovered for two consecutive years after the sharp 2024 decline, indicating renewed demand and improved business activity. If this rebound persists, it can support operating scale, strengthen customer traction, and provide a foundation for rebuilding earnings over the next several quarters.
Read all positive factors
Inspec Inc. (6656) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥3.39B
Dividend Yield0.31%
Average Volume (3M)36.49K
Price to Earnings (P/E)14.9
Beta (1Y)0.51
Revenue Growth36.25%
EPS GrowthN/A
CountryJP
Employees85
SectorGeneral
Sector StrengthN/A
IndustrySemiconductors
Share Statistics
EPS (TTM)-6.14
Shares Outstanding4,056,200
10 Day Avg. Volume24,690
30 Day Avg. Volume36,486
Financial Highlights & Ratios
PEG Ratio-0.25
Price to Book (P/B)2.80
Price to Sales (P/S)1.17
P/FCF Ratio-5.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Inspec Inc. Business Overview & Revenue Model
Company Description
inspec Inc. engages in the manufacture and sale of PCB inspection equipment and related equipment in Japan. The company offers inspection equipment comprising flexible substrates, PCB large boards, lead frames, touch panels, glass masks, jedec tra...
Inspec Inc. Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
42
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2023 | Apr 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.13B | 2.48B | 2.24B | 1.67B | 2.29B | 1.76B |
| Gross Profit | 704.38M | 840.55M | 895.47M | 596.71M | 822.85M | 651.62M |
| EBITDA | 168.02M | 214.47M | 149.33M | -191.37M | 223.29M | 104.59M |
| Net Income | -26.45M | 76.86M | -142.27M | -353.83M | 78.84M | 155.40M |
Balance Sheet | ||||||
| Total Assets | 3.44B | 3.74B | 3.02B | 3.76B | 4.01B | 3.28B |
| Cash, Cash Equivalents and Short-Term Investments | 573.37M | 508.54M | 540.33M | 738.59M | 605.14M | 696.78M |
| Total Debt | 2.11B | 2.24B | 1.67B | 2.34B | 2.20B | 1.77B |
| Total Liabilities | 2.39B | 2.70B | 2.06B | 2.68B | 2.60B | 2.19B |
| Stockholders Equity | 1.05B | 1.04B | 958.56M | 1.08B | 1.41B | 1.09B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -574.21M | 459.26M | 19.43M | -706.13M | -463.31M |
| Operating Cash Flow | 0.00 | -519.43M | 525.85M | 102.82M | -589.11M | -175.65M |
| Investing Cash Flow | 0.00 | 27.77M | -66.75M | -77.87M | -163.56M | -329.12M |
| Financing Cash Flow | 0.00 | 548.95M | -657.36M | 132.40M | 630.92M | 390.73M |
Inspec Inc. Technical Analysis
Neutral
584.00
Price Trends
872.12
Negative
969.42
Negative
789.89
Positive
Market Momentum
-15.85
Negative
52.67
Neutral
92.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6656, the sentiment is Neutral. The current price of 584 is below the 20-day moving average (MA) of 800.00, below the 50-day MA of 872.12, and below the 200-day MA of 789.89, indicating a neutral trend. The MACD of -15.85 indicates Negative momentum. The RSI at 52.67 is Neutral, neither overbought nor oversold. The STOCH value of 92.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6656.
Inspec Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥26.24T | 61.00 | 58.91% | 0.16% | 36.20% | 104.76% | |
74 Outperform | ¥29.27T | 44.52 | 30.21% | 6.18% | 8.25% | 16.50% | |
73 Outperform | ¥808.52B | 29.77 | 14.14% | 1.58% | 13.77% | 3.10% | |
69 Neutral | ¥4.12T | 53.47 | 34.29% | 0.71% | -8.35% | -8.08% | |
69 Neutral | ¥118.94B | 24.37 | ― | 0.86% | 34.35% | 60.68% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | ¥3.39B | 14.91 | ― | 0.31% | 36.25% | ― |
* General Sector Average
JP:6656
Inspec Inc.
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.