Kyocera (KYOCF) AI Stock Analysis

• Market Cap: $16.67B
• Dividend Yield: 3.18%
• Average Volume (3M): 96.00
• Price to Earnings (P/E): 92.9
• Beta (1Y): 0.77
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 79,185
• Sector: Industrials
• Sector Strength: 91
• Industry: Consumer Electronics
• EPS (TTM): 0.03
• Shares Outstanding: 1,510,474,400
• 10 Day Avg. Volume: 270
• 30 Day Avg. Volume: 96
• PEG Ratio: -1.32
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 25.75
• 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: $12.99
• Price Target Upside: 24.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

Kyocera Business Overview & Revenue Model

Company Description

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The company offers fine ceramic components; automotive components; optical components; and inorganic and organic ceramic packages, and boards for use in industrial machinery, general industrial, smartphones and communication infrastructures, and automotive-related markets. It also provides electronic components and devices comprising capacitors, crystal and SAW devices, connectors, sensing and control devices, power semiconductor and printing devices for the information and communications equipment, industrial equipment, and automotive markets. Further, the company offers smartphones, mobile phones, and communication modules for in-vehicle installation and Internet of Things market; printers, multifunctional products, commercial inkjet printers, document solutions, and supplies. In addition, it provides solar modules for commercial and residential uses; smart energy related products, including storage batteries and energy management systems; and medical devices, such as prosthetic joints and dental prosthetics, and jewelry and kitchen accessories, including ceramic knives. The company offers its products through sales personnel, sales companies, and third-party distributors. The company was formerly known as Kyoto Ceramic Kabushiki Kaisha and changed its name to Kyocera Corporation in 1982. Kyocera Corporation was incorporated in 1946 and is headquartered in Kyoto, Japan.

How the Company Makes Money

Kyocera Financial Statement Overview

Summary

Kyocera's financials highlight strong balance sheet stability and efficient cash flow management, with low debt-to-equity and a high equity ratio. However, income statement challenges in revenue growth and low profitability margins could impact future earnings potential.

Income Statement

Kyocera's income statement reveals a stable gross profit margin and moderate net profit margin in the TTM, with gross profit margin at 27.56% and net profit margin at 1.45%. Revenue growth is challenged with a slight decline from the previous year. The EBIT margin is low at 1.27%, indicating potential efficiency concerns, while the EBITDA margin is better at 9.61%, suggesting stronger cash earnings potential.

Balance Sheet

The company's balance sheet is robust with a low debt-to-equity ratio of 0.09, highlighting conservative leverage. Return on Equity (ROE) is modest at 0.87%, suggesting limited profitability on shareholders' funds. The equity ratio is strong at 72.61%, indicating financial stability and low reliance on external debt.

Cash Flow

Kyocera's cash flow statement shows a positive free cash flow of ¥94.98 billion in the TTM, though the growth has been inconsistent. The operating cash flow to net income ratio is healthy at 9.28, suggesting strong cash generation relative to earnings. Free cash flow to net income ratio is notably high at 3.27, reflecting efficient capital expenditure management.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
2.00T	2.00T	2.03T	1.84T	1.53T	1.60T
	Gross Profit
552.36B	553.11B	564.94B	513.64B	406.95B	441.17B
	EBIT
25.35B	92.92B	128.52B	148.91B	70.64B	100.19B
	EBITDA
192.57B	249.87B	328.26B	331.46B	228.55B	243.13B
	Net Income Common Stockholders
29.04B	101.07B	127.99B	148.41B	90.21B	107.72B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
430.95B	460.33B	396.90B	458.21B	484.08B	493.65B
	Total Assets
4.59T	4.47T	4.09T	3.92T	3.49T	3.25T
	Total Debt
310.48B	304.19B	209.80B	149.26B	147.82B	127.32B
	Net Debt
-80.99B	-120.60B	-163.70B	-264.87B	-238.91B	-292.30B
	Total Liabilities
1.23T	1.21T	1.05T	1.02T	877.36B	795.93B
	Stockholders Equity
3.33T	3.23T	3.02T	2.87T	2.59T	2.43T
Cash Flow		Free Cash Flow
94.98B	109.33B	-7.43B	55.05B	88.69B	93.90B
	Operating Cash Flow
269.45B	269.07B	179.21B	201.96B	220.82B	214.63B
	Investing Cash Flow
-177.78B	-158.41B	-168.83B	-79.46B	-183.79B	-145.55B
	Financing Cash Flow
-102.20B	-82.60B	-61.26B	-111.47B	-80.97B	-157.13B

Kyocera Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KYOCF		$16.67B	92.87	0.71%	3.18%	―	―
Sector *	66 Neutral	$4.51B	12.29	5.40%	248.53%	4.14%	-12.41%
CSIOF		$1.64B	31.08	3.45%	4.16%	―	―
PCRFF		$25.26B	10.67	7.85%	2.89%	―	―
SNEJF		$162.06B	22.67	14.32%	0.47%	―	―
6810	69 Neutral	¥77.53B	19.33		2.78%	0.52%	-43.28%
6753	53 Neutral	¥445.00B	12.33		―	-6.97%	―