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CTI Engineering Co., Ltd.
(9621)
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Rating:73Outperform
Price Target:
¥3,149.00
▲(5.96% Upside)
Action:Reiterated
Date:02/18/26
The score is driven mainly by solid financial health (steady growth, strong balance sheet) and supportive technical momentum (price above key moving averages with positive MACD). This is tempered by uneven cash-flow conversion and only moderate valuation support (P/E ~15 with a ~2.25% dividend yield).
Positive Factors
Conservative, low-leverage balance sheet
Consistently low leverage and a growing equity base give CTI durable financial flexibility: it can bid on large public works, fund working capital or opportunistic investments, and withstand cyclical downturns without forcing asset sales or dilutive financing.
Negative Factors
Volatile operating and free cash flow
Irregular cash conversion means earnings don't consistently translate to cash. That raises financing and working-capital risks on long projects, could force higher borrowing in weak years, and reduces capacity to sustain investment or smooth dividends reliably.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative, low-leverage balance sheet
Consistently low leverage and a growing equity base give CTI durable financial flexibility: it can bid on large public works, fund working capital or opportunistic investments, and withstand cyclical downturns without forcing asset sales or dilutive financing.
Read all positive factors
CTI Engineering Co., Ltd. (9621) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥79.92B
Dividend Yield1.25%
Average Volume (3M)38.41K
Price to Earnings (P/E)12.1
Beta (1Y)0.68
Revenue Growth4.37%
EPS Growth6.30%
CountryJP
Employees3,966
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)203.24
Shares Outstanding28,318,172
10 Day Avg. Volume51,290
30 Day Avg. Volume38,413
Financial Highlights & Ratios
PEG Ratio-1.18
Price to Book (P/B)1.24
Price to Sales (P/S)0.82
P/FCF Ratio17.92
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
CTI Engineering Co., Ltd. Business Overview & Revenue Model
Company Description
Based in Tokyo, Japan, CTI Engineering Co., Ltd. is an established consulting engineering firm providing services both domestically and internationally. Founded in 1945, the company delivers a comprehensive range of professional consulting service...
How the Company Makes Money
null...
CTI Engineering Co., Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
82
Very Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 97.73B | 101.04B | 97.68B | 93.06B | 83.48B | 74.41B |
| Gross Profit | 28.40B | 29.58B | 28.43B | 27.06B | 23.42B | 20.73B |
| EBITDA | 10.66B | 11.47B | 11.51B | 11.90B | 9.82B | 8.29B |
| Net Income | 5.64B | 5.95B | 6.75B | 7.54B | 5.88B | 4.47B |
Balance Sheet | ||||||
| Total Assets | 87.92B | 96.34B | 87.69B | 79.91B | 73.30B | 71.88B |
| Cash, Cash Equivalents and Short-Term Investments | 29.20B | 15.99B | 15.52B | 19.65B | 22.59B | 20.53B |
| Total Debt | 539.00M | 5.46B | 4.03B | 2.88B | 2.89B | 2.48B |
| Total Liabilities | 24.73B | 29.52B | 26.02B | 24.82B | 25.57B | 33.06B |
| Stockholders Equity | 62.98B | 66.53B | 61.45B | 54.89B | 47.52B | 38.67B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 4.60B | 1.56B | 31.00M | 3.24B | 4.98B |
| Operating Cash Flow | 0.00 | 5.77B | 2.41B | 874.00M | 3.80B | 5.34B |
| Investing Cash Flow | 0.00 | -612.00M | -4.80B | -912.00M | -752.00M | -671.00M |
| Financing Cash Flow | 0.00 | -5.09B | -2.11B | -3.29B | -1.29B | -1.13B |
CTI Engineering Co., Ltd. Technical Analysis
Neutral
2972.00
Price Trends
2779.20
Positive
2965.54
Negative
2927.82
Negative
Market Momentum
9.35
Negative
61.31
Neutral
85.04
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9621, the sentiment is Neutral. The current price of 2972 is above the 20-day moving average (MA) of 2683.30, above the 50-day MA of 2779.20, and above the 200-day MA of 2927.82, indicating a neutral trend. The MACD of 9.35 indicates Negative momentum. The RSI at 61.31 is Neutral, neither overbought nor oversold. The STOCH value of 85.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9621.
CTI Engineering Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥114.23B | 9.97 | ― | 1.55% | 17.21% | 65.83% | |
78 Outperform | ¥310.19B | 16.17 | 7.43% | 2.78% | 2.69% | -6.83% | |
78 Outperform | ¥1.37T | 21.77 | 14.94% | 2.00% | 10.44% | 50.36% | |
77 Outperform | ¥99.50B | 13.12 | ― | 4.38% | -6.07% | 44.81% | |
73 Outperform | ¥79.92B | 12.15 | ― | 1.25% | 4.37% | 6.30% | |
73 Outperform | ¥64.26B | 16.21 | ― | 2.95% | 22.68% | 48.87% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
JP:9621
CTI Engineering Co., Ltd.
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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.