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JEOL Ltd.
(6951)
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Rating:63Neutral
Price Target:
¥7,908.00
▲(10.76% Upside)
Action:Downgraded
Date:08/18/26
The score is driven primarily by solid profitability and a low-leverage balance sheet, supporting fundamental resilience. It is held back by cash flow volatility and the 2026 revenue decline, while technicals indicate short-term weakness (below 20/50‑day averages) and valuation looks reasonable but not clearly cheap (P/E ~24, ~1.78% yield).
Positive Factors
Sustained Profitability
Consistent margins and healthy returns indicate JEOL retains value in its specialized instruments and services. This profitability provides internal funding capacity and resilience across research and industrial demand cycles.
Negative Factors
Revenue Contraction
The reversal after several growth years shows that JEOL remains exposed to uneven capital-equipment demand. Prolonged weakness could reduce operating leverage, delay investments, and make earnings less predictable.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Profitability
Consistent margins and healthy returns indicate JEOL retains value in its specialized instruments and services. This profitability provides internal funding capacity and resilience across research and industrial demand cycles.
Read all positive factors
JEOL Ltd. (6951) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥344.11B
Dividend Yield1.92%
Average Volume (3M)329.87K
Price to Earnings (P/E)22.4
Beta (1Y)1.24
Revenue Growth-18.36%
EPS Growth-19.56%
CountryJP
Employees3,731
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)306.17
Shares Outstanding51,532,800
10 Day Avg. Volume240,930
30 Day Avg. Volume329,866
Financial Highlights & Ratios
PEG Ratio0.72
Price to Book (P/B)2.02
Price to Sales (P/S)1.63
P/FCF Ratio116.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥9,350.00Price Target Upside30.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)430.83
Revenue Forecast (FY)¥168.00B
JEOL Ltd. Business Overview & Revenue Model
Company Description
JEOL Ltd. is dedicated to the innovation, production, and global distribution of a broad spectrum of advanced technology, covering scientific and metrology instruments, semiconductor and industrial equipment, and medical devices. Their comprehensi...
How the Company Makes Money
JEOL primarily makes money by selling high-value capital equipment and by providing lifecycle services tied to those instruments. (1) Instrument and equipment sales: The largest and most direct revenue stream is the sale of its systems—such as ele...
JEOL Ltd. Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
82
Very Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 163.67B | 179.35B | 196.69B | 174.34B | 162.69B | 138.41B |
| Gross Profit | 75.35B | 83.03B | 92.40B | 79.28B | 72.70B | 55.37B |
| EBITDA | 26.44B | 35.13B | 30.26B | 34.30B | 28.71B | 21.11B |
| Net Income | 15.72B | 22.10B | 18.69B | 21.70B | 17.83B | 12.28B |
Balance Sheet | ||||||
| Total Assets | 226.16B | 242.03B | 225.70B | 233.93B | 201.72B | 191.71B |
| Cash, Cash Equivalents and Short-Term Investments | 32.24B | 38.95B | 36.14B | 31.50B | 34.25B | 44.23B |
| Total Debt | 14.28B | 27.10B | 9.28B | 15.78B | 12.48B | 17.11B |
| Total Liabilities | 85.33B | 97.12B | 89.05B | 108.41B | 99.83B | 105.80B |
| Stockholders Equity | 140.83B | 144.90B | 136.65B | 125.51B | 101.89B | 85.90B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.51B | 20.14B | 12.06B | -2.68B | 21.44B |
| Operating Cash Flow | 0.00 | 16.00B | 23.10B | 15.30B | 3.35B | 22.60B |
| Investing Cash Flow | 0.00 | -13.76B | -855.00M | -18.03B | -5.73B | -648.00M |
| Financing Cash Flow | 0.00 | -1.55B | -17.12B | -798.00M | -8.73B | 5.52B |
JEOL Ltd. Technical Analysis
Negative
7140.00
Price Trends
7729.12
Negative
7199.76
Negative
6407.93
Positive
Market Momentum
-290.06
Positive
38.16
Neutral
15.93
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6951, the sentiment is Negative. The current price of 7140 is below the 20-day moving average (MA) of 7478.05, below the 50-day MA of 7729.12, and above the 200-day MA of 6407.93, indicating a neutral trend. The MACD of -290.06 indicates Positive momentum. The RSI at 38.16 is Neutral, neither overbought nor oversold. The STOCH value of 15.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6951.
JEOL Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥1.15T | 16.86 | 12.06% | 1.61% | 6.01% | 28.51% | |
72 Outperform | ¥941.44B | 22.01 | 12.45% | 2.11% | 12.48% | 18.44% | |
72 Outperform | ¥18.91T | 38.30 | 14.44% | 0.77% | 16.95% | 23.91% | |
69 Neutral | ¥714.04B | 39.34 | 5.39% | 1.61% | 9.93% | 23.82% | |
63 Neutral | ¥344.11B | 22.43 | ― | 1.61% | -18.36% | -19.56% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | ¥355.82B | 20.75 | 7.48% | 1.58% | 7.14% | 2.56% |
* Technology Sector Average
JP:6951
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JEOL Ltd. Corporate Events
JEOL Swings to Quarterly Loss but Holds Full-Year Guidance and Dividend
Aug 14, 2026
JEOL Ltd. reported a sharp downturn in performance for the quarter ended June 30, 2026, as net sales fell 39.1% year on year to ¥24.5 billion and the company swung to an operating loss of ¥1.96 billion, resulting in a quarterly net loss ...
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.