Hamamatsu Photonics KK (6965) AI Stock Analysis

• Market Cap: $419.75B
• Dividend Yield: 2.96%
• Average Volume (3M): 2.44M
• Price to Earnings (P/E): 20.6
• Beta (1Y): 0.84
• Revenue Growth: -8.53%
• EPS Growth: -49.42%
• Country: JP
• Employees: 6,395
• Sector: Technology
• Sector Strength: 67
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 66.06
• Shares Outstanding: 319,191,100
• 10 Day Avg. Volume: 2,106,170
• 30 Day Avg. Volume: 2,436,033
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: $1,949.88
• Price Target Upside: 43.53% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Hamamatsu Photonics KK has a strong financial foundation with robust profitability and low leverage, contributing significantly to its stock score. However, the technical analysis indicates bearish momentum, pulling the score down. The valuation is fair, supported by a reasonable P/E ratio and a decent dividend yield. These factors collectively result in a moderate overall score.

Hamamatsu Photonics KK Business Overview & Revenue Model

Company Description

Hamamatsu Photonics K.K. manufactures and sells photomultiplier tubes, imaging devices, light sources, opto-semiconductors, and imaging and analyzing systems in Japan and internationally. The company operates through three segments: Electron Tube, Opto-Semiconductor, and Imaging and Measurement Instruments. The Electron Tube segment provides photomultiplier tubes, electron multipliers, microchannel plates, image intensifiers, X-ray products, and various light sources for use in medical, chemical analysis, measurement, industrial testing, and academic research applications. The Opto-Semiconductor segment offers silicon photodiodes, photo IC components, position sensitive and infrared detectors, image sensors for low-light-level imaging and X-ray imaging, mini-spectrometers, and light emitting devices for applications in medical imaging, high-energy physics, and scientific measurement. The Imaging and Measurement Instruments segment provides a range of cameras for scientific and industrial applications, as well as specialized instruments for use in the fields of pharmaceutical development, semiconductor manufacturing, X-ray nondestructive inspection, spectrophotometry, and optical communications. Hamamatsu Photonics K.K. is also involved in the semiconductor laser and hotel operation businesses. The company was formerly known as Hamamatsu TV Co., Ltd. Hamamatsu Photonics K.K. was founded in 1953 and is headquartered in Hamamatsu, Japan.

How the Company Makes Money

Hamamatsu Photonics KK generates revenue through the sale of its photonics products and solutions. Its key revenue streams include scientific and industrial applications, wherein the company supplies advanced photonics devices like photomultiplier tubes, scientific cameras, and light sources to laboratories, research institutions, and industrial entities. Additionally, the company's products are crucial in the medical field, where they are used in diagnostic imaging and other medical devices. Hamamatsu also collaborates with various research organizations and industry players to develop innovative photonics solutions, enhancing its product offerings and market reach. These partnerships and the company's continuous investment in research and development contribute significantly to its earnings.

Hamamatsu Photonics KK Financial Statement Overview

Summary

Hamamatsu Photonics KK presents a strong financial position with high profitability and effective balance sheet management. While revenue growth and free cash flow generation need attention, the company remains financially stable with solid margins and low leverage.

Income Statement

The company demonstrates strong gross and net profit margins, reflecting effective cost management and profitability. However, recent revenue growth has been negative, signaling potential challenges in maintaining sales momentum. Despite this, EBIT and EBITDA margins are robust, indicating solid operational efficiency.

Balance Sheet

The balance sheet is strong, with a low debt-to-equity ratio indicating low financial leverage and a solid equity ratio showcasing stability. The company has maintained high equity levels, contributing to a robust return on equity, which reflects effective utilization of shareholder funds.

Cash Flow

Cash flow from operations is healthy, but there is a lack of free cash flow growth, which could impact future investments. The operating cash flow to net income ratio is not assessable for TTM due to zero values, but previous periods indicate strong cash generation relative to net income.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
203.96B	221.44B	208.80B	169.03B	140.25B
	Gross Profit
103.88B	120.01B	112.38B	83.39B	68.48B
	EBIT
32.12B	56.68B	56.98B	34.32B	21.75B
	EBITDA
53.37B	73.40B	72.41B	48.48B	35.09B
	Net Income Common Stockholders
25.14B	42.83B	41.30B	25.05B	16.52B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
99.88B	121.52B	128.31B	99.76B	80.40B
	Total Assets
434.63B	402.92B	366.18B	301.68B	271.62B
	Total Debt
36.92B	12.48B	11.53B	9.79B	7.86B
	Net Debt
-60.10B	-106.64B	-114.47B	-81.30B	-65.90B
	Total Liabilities
101.62B	82.86B	84.28B	64.11B	58.10B
	Stockholders Equity
331.31B	318.64B	280.56B	236.52B	212.68B
Cash Flow		Free Cash Flow
8.54B	3.83B	27.12B	21.22B	5.40B
	Operating Cash Flow
38.05B	34.25B	45.13B	39.91B	23.32B
	Investing Cash Flow
-73.70B	-32.90B	-13.33B	-16.78B	-16.21B
	Financing Cash Flow
12.56B	-11.91B	-7.76B	-4.47B	-6.51B

Hamamatsu Photonics KK Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1358.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6965, the sentiment is Negative. The current price of 1358.5 is above the 20-day moving average (MA) of 1232.33, below the 50-day MA of 1418.62, and below the 200-day MA of 1757.57, indicating a neutral trend. The MACD of -31.86 indicates Negative momentum. The RSI at 54.73 is Neutral, neither overbought nor oversold. The STOCH value of 94.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6965.

Hamamatsu Photonics KK Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7751	72 Outperform	¥4.38T	25.34		3.42%	9.08%	-33.61%
6965	68 Neutral	$419.75B	20.56	6.33%	2.96%	-8.53%	-49.42%
Sector *	60 Neutral	$10.93B	10.46	-6.70%	2.99%	7.54%	-12.22%

Hamamatsu Photonics KK Corporate Events

Hamamatsu Photonics Completes Treasury Stock Cancellation

Hamamatsu Photonics K.K. has completed the cancellation of 11,038,100 treasury shares, representing 3.34% of its total shares, as part of a strategic decision to optimize its capital structure. This move is expected to enhance shareholder value and reflects the company’s commitment to maintaining a robust financial position, potentially impacting its market perception positively.

Hamamatsu Photonics Reports Q1 Decline Amid Stock Split

Hamamatsu Photonics reported a significant decline in its consolidated financial results for the first quarter of the fiscal year ending September 30, 2025, with net sales and profits decreasing compared to the same period last year. The company announced a 2-for-1 stock split, impacting shares and dividends, and highlighted the challenges faced in maintaining profitability amid market fluctuations, which may concern investors and stakeholders.