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Forval Telecom, Inc.
(9445)
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Rating:69Neutral
Price Target:
¥592.00
▲(0.34% Upside)
Action:Reiterated
Date:08/17/26
The score is primarily supported by stronger financial stability from the zero-debt balance sheet and an attractive valuation with a ~4.25% dividend yield and moderate P/E. These positives are tempered by uneven recent operating performance—2026 revenue contraction and weaker operating cash flow—and by only moderate technicals, with the stock still below longer-term moving averages.
Positive Factors
Debt-Free Balance Sheet
The elimination of debt materially reduces financial risk, interest burden and refinancing needs. Rising equity further strengthens the capital base, giving Forval Telecom greater flexibility to sustain operations and invest through changing market conditions.
Negative Factors
Uneven Revenue Growth
The latest revenue contraction after prior growth indicates inconsistent demand and limits visibility into the company’s expansion trajectory. Persistent uneven sales would make it harder to achieve operating leverage and sustain a reliable earnings growth profile.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The elimination of debt materially reduces financial risk, interest burden and refinancing needs. Rising equity further strengthens the capital base, giving Forval Telecom greater flexibility to sustain operations and invest through changing market conditions.
Read all positive factors
Forval Telecom, Inc. (9445) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥8.97B
Dividend Yield4.32%
Average Volume (3M)1.15K
Price to Earnings (P/E)10.6
Beta (1Y)0.23
Revenue Growth-2.97%
EPS Growth-6.79%
CountryJP
Employees197
SectorGeneral
Sector StrengthN/A
IndustryTelecommunications Services
Share Statistics
EPS (TTM)50.46
Shares Outstanding16,757,700
10 Day Avg. Volume1,800
30 Day Avg. Volume1,146
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)2.41
Price to Sales (P/S)0.40
P/FCF Ratio13.59
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
Forval Telecom, Inc. Business Overview & Revenue Model
Company Description
Forval Telecom, Inc., established in Tokyo, Japan, in 1995, delivers an array of telecommunications carrier services across the country. The company's operations extend to offering consultation for obtaining security certifications, providing IP a...
Forval Telecom, Inc. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
78
Positive
Cash Flow
57
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.65B | 23.97B | 25.68B | 23.12B | 24.75B | 21.80B |
| Gross Profit | 5.52B | 5.46B | 5.94B | 5.67B | 5.16B | 5.86B |
| EBITDA | 1.56B | 1.66B | 1.57B | 1.47B | 906.70M | 1.29B |
| Net Income | 845.46M | 985.51M | 732.97M | 750.40M | 378.38M | 868.03M |
Balance Sheet | ||||||
| Total Assets | 10.17B | 10.73B | 10.37B | 10.30B | 11.05B | 11.05B |
| Cash, Cash Equivalents and Short-Term Investments | 919.07M | 1.18B | 893.76M | 1.02B | 1.04B | 1.30B |
| Total Debt | 0.00 | 0.00 | 0.00 | 1.30B | 1.73B | 2.16B |
| Total Liabilities | 6.34B | 6.79B | 7.04B | 7.38B | 8.59B | 8.71B |
| Stockholders Equity | 3.83B | 3.94B | 3.32B | 2.91B | 2.44B | 2.32B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 698.93M | 1.90B | 1.53B | 846.09M | 1.64B |
| Operating Cash Flow | 0.00 | 735.40M | 1.93B | 1.62B | 907.89M | 1.69B |
| Investing Cash Flow | 0.00 | -82.90M | -420.92M | -936.11M | -446.91M | 27.32M |
| Financing Cash Flow | 0.00 | -369.47M | -1.64B | -713.40M | -720.32M | -1.95B |
Forval Telecom, Inc. Technical Analysis
Negative
590.00
Price Trends
535.86
Negative
539.55
Negative
548.81
Negative
Market Momentum
-0.58
Positive
43.93
Neutral
24.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9445, the sentiment is Negative. The current price of 590 is above the 20-day moving average (MA) of 536.75, above the 50-day MA of 535.86, and above the 200-day MA of 548.81, indicating a bearish trend. The MACD of -0.58 indicates Positive momentum. The RSI at 43.93 is Neutral, neither overbought nor oversold. The STOCH value of 24.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9445.
Forval Telecom, Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥17.22B | 14.08 | ― | 4.11% | 2.67% | -25.50% | |
70 Outperform | ¥15.80B | 14.34 | ― | 3.50% | 4.54% | -17.49% | |
69 Neutral | ¥8.97B | 10.60 | ― | 4.32% | -2.97% | -6.79% | |
66 Neutral | ¥15.46B | 30.06 | ― | 1.21% | 14.33% | 112.44% | |
60 Neutral | ¥3.19B | 10.84 | ― | 0.27% | 18.07% | 69.43% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | ¥19.96B | 29.17 | ― | ― | 21.77% | -25.14% |
* General Sector Average
JP:9445
Forval Telecom, Inc.
533.00
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-0.68%
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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.