FCE Inc. (9564) AI Stock Analysis

• Market Cap: ¥15.90B
• Dividend Yield: 0.83%
• Average Volume (3M): 178.44K
• Price to Earnings (P/E): 23.9
• Beta (1Y): 0.39
• Revenue Growth: 24.53%
• EPS Growth: 31.31%
• Country: JP
• Employees: 229
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 8.69
• Shares Outstanding: 22,023,600
• 10 Day Avg. Volume: 86,020
• 30 Day Avg. Volume: 178,436
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥832.00
• Price Target Upside: 15.24% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ¥832.00 ▲(15.24% Upside)

FCE Inc. shows strong financial performance, which is the most significant factor in its overall score. However, technical analysis indicates a lack of upward momentum, and the valuation suggests the stock is moderately priced. The absence of earnings call data and corporate events means these factors do not influence the score.

FCE Inc. Business Overview & Revenue Model

Company Description

FCE Inc., through its subsidiaries, engages in the DX promotion, education and training, and publishing businesses in Japan. The company offers IT tools, consulting, and support to promote corporate DX for robotic process automation; and programs and services to schools and cram schools. It also provides human resource development consulting and training; and e-learning tools services for education and HR fields. In addition, the company publishes books and offers self-coaching programs. FCE Inc., was incorporated in 2017 and is based in Tokyo, Japan.

How the Company Makes Money

FCE Inc. primarily generates revenue through the sale of its fuel cell systems and hydrogen generation products. The company has established long-term contracts with automotive manufacturers and industrial clients, which provide a stable revenue stream. Additionally, FCE Inc. benefits from government grants and subsidies aimed at promoting clean energy technologies. Strategic partnerships with key players in the automotive and energy sectors further enhance its market presence and contribute to its earnings. The company's focus on research and development allows it to innovate and improve its product offerings, attracting new customers and expanding its market share.

FCE Inc. Financial Statement Overview

Summary

FCE Inc. exhibits strong financial health with robust revenue and profit growth, efficient operations, and a solid balance sheet. The company maintains a conservative leverage position and generates healthy cash flows, although there is room for improvement in free cash flow growth.

Income Statement

FCE Inc. has demonstrated strong revenue growth with a 19.9% increase from the previous year. The gross profit margin is robust at 69.0%, indicating efficient cost management. The net profit margin improved to 10.0%, reflecting enhanced profitability. EBIT and EBITDA margins are healthy at 14.4% and 15.5% respectively, showcasing operational efficiency.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.09, indicating conservative leverage. Return on equity is impressive at 14.9%, highlighting effective use of equity capital. The equity ratio stands at 66.4%, suggesting a solid equity base relative to total assets.

Cash Flow

Operating cash flow has grown steadily, with a strong operating cash flow to net income ratio of 1.05, indicating good cash generation relative to profits. Free cash flow to net income ratio is 0.86, showing effective cash management. However, free cash flow growth is slightly negative, indicating a need for improvement in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.63B	5.01B	4.17B	3.75B	3.52B	3.31B
Gross Profit	3.79B	3.46B	2.88B	2.55B	2.31B	2.14B
EBITDA	911.49M	776.97M	548.11M	502.18M	356.52M	264.27M
Net Income	613.23M	502.37M	318.96M	299.19M	211.21M	120.57M
Balance Sheet
Total Assets	5.02B	5.08B	3.30B	2.24B	2.60B	2.07B
Cash, Cash Equivalents and Short-Term Investments	2.62B	2.73B	2.39B	1.52B	1.82B	1.30B
Total Debt	284.94M	301.44M	333.71M	358.52M	398.46M	414.13M
Total Liabilities	1.43B	1.71B	1.59B	1.44B	1.69B	1.34B
Stockholders Equity	3.59B	3.37B	1.70B	802.97M	914.80M	728.33M
Cash Flow
Free Cash Flow	0.00	434.55M	458.01M	124.18M	543.00M	376.37M
Operating Cash Flow	0.00	528.51M	501.56M	180.71M	575.58M	402.26M
Investing Cash Flow	0.00	-794.55M	-178.04M	2.75M	-63.19M	-45.01M
Financing Cash Flow	0.00	1.12B	535.55M	-478.34M	-16.11M	161.24M

FCE Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 722.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9564, the sentiment is Negative. The current price of 722 is below the 20-day moving average (MA) of 778.80, below the 50-day MA of 825.66, and above the 200-day MA of 636.61, indicating a neutral trend. The MACD of -26.61 indicates Positive momentum. The RSI at 36.43 is Neutral, neither overbought nor oversold. The STOCH value of 1.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9564.

FCE Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7521	80 Outperform	¥15.99B	3.96	10.10%	2.56%	22.72%	824.03%
3420	73 Outperform	¥12.66B	10.50	4.69%	2.91%	2.61%	9.37%
7119	72 Outperform	¥16.19B	26.02	7.38%	1.36%	4.58%	13.71%
9564	67 Neutral	¥15.90B	23.85	―	0.83%	24.53%	31.31%
5721	65 Neutral	¥30.53B	502.05	―	―	-24.20%	-82.44%
9248	45 Neutral	¥16.71B	-28.93	-0.95%	3.23%	8.90%	-441.63%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

FCE Inc. Corporate Events

FCE Inc. Strengthens Market Position with Strategic Mission Shift

FCE Inc. has announced a strategic shift in its mission to focus on ‘Proactiveness’ and ‘Productivity,’ reflecting its commitment to enhancing human capital. The company’s DX Promotion Business, which includes the popular RPA Robo-Pat DX software, is a key growth area, maintaining a low churn rate and appealing to a wide range of companies, thereby strengthening its market position.

FCE Inc. Shifts Focus to Proactiveness and Productivity

FCE Inc. has updated its mission to emphasize maximizing human capital through ‘Proactiveness’ and ‘Productivity’. This strategic shift reflects the company’s commitment to fostering a proactive and productive workforce, potentially enhancing its market position and offering new value to stakeholders.

FCE Inc. Reports Strong Financial Growth and Dividend Revision

FCE Inc. reported a strong financial performance for the nine months ending June 30, 2025, with significant increases in net sales, operating profit, and profit attributable to owners of the parent compared to the previous year. The company also revised its dividend forecast, indicating a focus on returning value to shareholders, and announced a stock split to enhance share liquidity.