Want to see JP:9709 full AI Analyst Report?
Top Page
NCS&A Co., Ltd.
(9709)
Select Model
Select Model
Rating:84Outperform
Price Target:
¥1,418.00
▼(-12.20% Downside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by strong financial quality (very low leverage, improving profitability, and solid free cash flow) and supportive valuation (low P/E with a high dividend yield). Technicals are constructive but capped by the stock remaining below the 200-day moving average.
Positive Factors
Very low leverage
Near-zero leverage materially reduces financial risk and interest-related pressure, giving NCS&A greater resilience through business fluctuations. It also preserves borrowing capacity and internal flexibility for investment, dividends, or other capital allocation without depending heavily on debt.
Negative Factors
Operating cash flow coverage
Operating cash flow consistently trailing net income can signal working-capital drag or timing effects that delay conversion of accounting profits into operating cash. Even with strong absolute free cash flow, this pattern may constrain flexibility if it persists during expansion or weaker demand.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Near-zero leverage materially reduces financial risk and interest-related pressure, giving NCS&A greater resilience through business fluctuations. It also preserves borrowing capacity and internal flexibility for investment, dividends, or other capital allocation without depending heavily on debt.
Read all positive factors
NCS&A Co., Ltd. (9709) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥18.00B
Dividend Yield4.83%
Average Volume (3M)9.40K
Price to Earnings (P/E)8.7
Beta (1Y)0.58
Revenue Growth10.15%
EPS Growth-0.26%
CountryJP
Employees1,228
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)137.97
Shares Outstanding15,000,000
10 Day Avg. Volume13,380
30 Day Avg. Volume9,403
Financial Highlights & Ratios
PEG Ratio7.63
Price to Book (P/B)1.71
Price to Sales (P/S)1.05
P/FCF Ratio8.31
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
NCS&A Co., Ltd. Business Overview & Revenue Model
Company Description
NCS&A Co., Ltd. is a Japanese information technology company offering a diverse portfolio of services. Their expertise spans system architecture, custom software creation, and adapting commercial software packages. They also provide essential hard...
How the Company Makes Money
The company primarily makes money by charging customers for IT services such as designing, developing, implementing, and maintaining information systems (i.e., systems integration and associated services). Revenue is typically generated through a ...
NCS&A Co., Ltd. Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
94
Very Positive
Cash Flow
84
Very Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.78B | 22.49B | 20.49B | 18.91B | 19.39B | 20.46B |
| Gross Profit | 7.27B | 7.17B | 6.25B | 5.64B | 5.46B | 5.51B |
| EBITDA | 3.23B | 3.06B | 2.37B | 2.37B | 1.84B | 1.52B |
| Net Income | 2.12B | 2.07B | 2.11B | 1.54B | 1.27B | 978.42M |
Balance Sheet | ||||||
| Total Assets | 21.67B | 21.39B | 21.53B | 19.40B | 18.73B | 17.84B |
| Cash, Cash Equivalents and Short-Term Investments | 12.37B | 11.01B | 11.15B | 9.90B | 9.20B | 9.36B |
| Total Debt | 5.07M | 9.28M | 29.97M | 60.08M | 102.12M | 153.93M |
| Total Liabilities | 8.04B | 7.53B | 7.30B | 7.15B | 8.09B | 7.71B |
| Stockholders Equity | 13.63B | 13.87B | 14.23B | 12.25B | 10.63B | 10.13B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.85B | 2.20B | 1.18B | 697.70M | 1.25B |
| Operating Cash Flow | 0.00 | 2.98B | 2.21B | 1.51B | 1.17B | 1.57B |
| Investing Cash Flow | 0.00 | -614.23M | -415.29M | -316.29M | -636.51M | -63.03M |
| Financing Cash Flow | 0.00 | -2.51B | -507.69M | -504.39M | -693.15M | -403.19M |
NCS&A Co., Ltd. Technical Analysis
Negative
1615.00
Price Trends
1323.64
Negative
1346.10
Negative
1476.96
Negative
Market Momentum
-30.84
Positive
30.22
Neutral
4.74
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9709, the sentiment is Negative. The current price of 1615 is above the 20-day moving average (MA) of 1345.40, above the 50-day MA of 1323.64, and above the 200-day MA of 1476.96, indicating a bearish trend. The MACD of -30.84 indicates Positive momentum. The RSI at 30.22 is Neutral, neither overbought nor oversold. The STOCH value of 4.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9709.
NCS&A Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
85 Outperform | ¥28.91B | 13.03 | ― | 4.05% | 5.74% | -3.58% | |
84 Outperform | ¥18.00B | 8.70 | ― | 4.83% | 10.15% | -0.26% | |
78 Outperform | ¥33.42B | 10.36 | ― | 3.28% | 11.79% | 55.44% | |
75 Outperform | ¥32.45B | 9.01 | 10.39% | 5.24% | 3.46% | 6.90% | |
73 Outperform | ¥29.93B | 11.70 | ― | 3.91% | 7.10% | 31.29% | |
72 Outperform | ¥29.65B | 10.02 | ― | 2.89% | 10.22% | 30.07% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
JP:9709
NCS&A Co., Ltd.
1,201.00
-206.87
-14.69%
JP:4725
CAC Holdings Corporation
1,908.00
-98.15
-4.89%
JP:2359
Core Corporation
2,073.00
61.29
3.05%
JP:3393
Startia Holdings,Inc.
3,025.00
520.33
20.77%
JP:3916
Digital Information Technologies Corp.
926.00
-283.13
-23.42%
JP:4072
Densan System Holdings Co. Ltd.
3,045.00
-156.19
-4.88%
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.