Koa (6999) AI Stock Analysis

• Market Cap: ¥40.76B
• Dividend Yield: 2.5%
• Average Volume (3M): 192.41K
• Price to Earnings (P/E): 143.9
• Beta (1Y): 1.40
• Revenue Growth: 1.06%
• EPS Growth: -85.13%
• Country: JP
• Employees: 4,309
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 11.30
• Shares Outstanding: 37,479,725
• 10 Day Avg. Volume: 234,140
• 30 Day Avg. Volume: 192,413
• PEG Ratio: -1.47
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.54
• P/FCF Ratio: -2.04
• 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: ¥1,038.63
• Price Target Upside: -13.45% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: ¥1,038.00 ▼(-13.50% Downside)

The overall stock score is primarily influenced by financial performance and valuation concerns. Financial health is challenged by fluctuating revenues and negative cash flows, while a high P/E ratio suggests overvaluation. Despite technical indicators showing bullish trends, overbought signals hint at potential price corrections. Investors should be cautious of the high valuation and focus on cash flow improvements.

Koa Business Overview & Revenue Model

Company Description

Koa (6999) is a technology-driven company focused on innovative solutions in the digital health sector. The company specializes in developing software applications and platforms that enhance patient engagement, streamline healthcare operations, and improve healthcare outcomes. Koa's core products include telehealth services, patient management systems, and data analytics tools designed for healthcare providers and organizations.

How the Company Makes Money

Koa generates revenue primarily through a subscription-based model, where healthcare providers pay for access to its software platforms and services. This includes monthly or annual fees for the use of telehealth services and patient management systems. Additionally, Koa benefits from partnerships with healthcare organizations that may involve revenue-sharing agreements, where the company earns a percentage of the fees generated through its platforms. Other revenue streams include consulting services for healthcare providers looking to optimize their operations using Koa's technology and licensing fees for its proprietary software solutions. The growing demand for digital health solutions and telemedicine, especially post-pandemic, significantly contributes to Koa's earnings.

Koa Financial Statement Overview

Summary

Koa's financial position is marked by fluctuating revenue and profit margins, alongside a solid balance sheet but rising debt levels. Cash flow challenges are significant, as shown by negative free cash flows, which could impact future growth investments. The company needs to focus on stabilizing its income and improving cash flow management to strengthen its financial health.

Income Statement

The company's revenue showed fluctuation over the years, with a notable decline in the most recent year. Gross and net profit margins have been inconsistent, reflecting challenges in maintaining profitability. The significant drop in EBIT and EBITDA margins indicates pressure on core operations.

Balance Sheet

The balance sheet remains relatively strong with a solid equity base. However, the increase in total debt in recent years is concerning, as reflected in the rising debt-to-equity ratio. The equity ratio remains healthy, indicating a stable asset base.

Cash Flow

The company experienced inconsistent free cash flow, with significant negative figures in recent years. Operating cash flow remains positive but has not shown strong growth, leading to challenges in covering capital expenditures.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	64.75B	64.12B	64.83B	75.07B	64.95B	50.38B
Gross Profit	18.49B	18.16B	19.51B	25.69B	18.43B	13.34B
EBITDA	6.24B	7.04B	9.04B	14.29B	10.11B	6.41B
Net Income	310.00M	260.00M	2.77B	7.37B	4.77B	2.03B
Balance Sheet
Total Assets	141.74B	141.37B	129.57B	112.77B	94.99B	81.34B
Cash, Cash Equivalents and Short-Term Investments	25.83B	26.64B	32.55B	29.65B	22.92B	19.33B
Total Debt	46.06B	44.71B	31.48B	17.03B	6.58B	4.41B
Total Liabilities	63.71B	63.26B	50.99B	39.05B	27.89B	19.80B
Stockholders Equity	78.03B	78.11B	78.57B	73.72B	67.10B	61.53B
Cash Flow
Free Cash Flow	0.00	-16.97B	-10.74B	-3.07B	1.22B	2.94B
Operating Cash Flow	0.00	8.10B	7.09B	8.69B	5.97B	5.29B
Investing Cash Flow	0.00	-23.94B	-17.40B	-12.93B	-5.92B	-2.70B
Financing Cash Flow	0.00	11.25B	12.29B	8.05B	1.25B	410.00M

Koa Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1200.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6999, the sentiment is Positive. The current price of 1200 is above the 20-day moving average (MA) of 1175.82, above the 50-day MA of 1142.10, and above the 200-day MA of 947.09, indicating a bullish trend. The MACD of 12.76 indicates Positive momentum. The RSI at 56.05 is Neutral, neither overbought nor oversold. The STOCH value of 41.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6999.

Koa Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6824	76 Outperform	¥48.93B	13.82	―	1.27%	9.96%	3.13%
6814	75 Outperform	¥262.74B	15.88	―	1.95%	6.56%	106.55%
6817	70 Outperform	¥35.52B	20.18	―	4.90%	-3.69%	-22.95%
6787	66 Neutral	¥244.97B	15.62	―	0.94%	15.13%	31.79%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6976	59 Neutral	¥447.34B	152.85	―	2.60%	4.21%	-135.36%
6999	54 Neutral	¥40.76B	143.89	0.39%	2.50%	1.06%	-85.13%

Koa Corporate Events

KOA’s 2024 Integrated Report: Advancing Sustainability and Innovation in Electronic Components

KOA’s 2024 Integrated Report highlights its commitment to resolving social issues through innovative electronic components that enhance device performance and sustainability. The company focuses on developing products that contribute to a prosperous future by addressing challenges like thermal issues, air quality deterioration, and the need for high reliability and precision in electronic devices. This approach positions KOA as a key player in advancing a carbon-neutral society and supporting the adoption of new technologies such as xEVs and ADAS, thereby reinforcing its industry positioning and impact on stakeholders.