Asti Corporation (6899) AI Stock Analysis

• Market Cap: ¥5.88B
• Dividend Yield: 5.95%
• Average Volume (3M): 22.83K
• Price to Earnings (P/E): 3.2
• Beta (1Y): 0.99
• Revenue Growth: 6.64%
• EPS Growth: -20.25%
• Country: JP
• Employees: 4,346
• Sector: Technology
• Sector Strength: 46
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 583.10
• Shares Outstanding: 3,417,006
• 10 Day Avg. Volume: 15,950
• 30 Day Avg. Volume: 22,833
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Asti Corporation scores a 66, reflecting a stable financial performance with moderate profitability and a strong equity position but with challenges in growth and cash flow consistency. The technical analysis indicates caution with a slightly bearish outlook, while the valuation metrics suggest the stock is undervalued, providing potential upside. The absence of earnings call data and corporate events limits additional insights.

Asti Corporation Business Overview & Revenue Model

Company Description

Asti Corporation (6899) is a Japanese company specializing in the manufacturing and distribution of electronic components and devices. The company operates primarily in the technology and electronics sectors, offering a range of products such as power supply units, electronic circuits, and communication devices. Asti Corporation is known for its innovative engineering solutions and caters to a diverse clientele, including automotive, industrial, and consumer electronics markets.

How the Company Makes Money

Asti Corporation generates revenue through the design, production, and sale of electronic components and devices. The company's primary revenue streams include sales of power supply units and electronic circuits used in various applications across automotive, industrial, and consumer electronics sectors. Asti Corporation also benefits from strategic partnerships and collaborations with other technology firms, which help to enhance its product offerings and expand its market reach. Additionally, the company may engage in research and development activities to innovate new products and improve existing ones, thus maintaining its competitive edge in the market.

Asti Corporation Financial Statement Overview

Summary

Asti Corporation maintains a stable revenue base but is challenged by declining revenue growth and cash flow consistency. Profit margins are moderate, and the balance sheet is solid with manageable leverage. However, cash flow volatility is a concern.

Income Statement

Asti Corporation shows a consistent revenue base with a TTM (Trailing-Twelve-Months) revenue of ¥63.38 billion. Gross profit margin stands at 9.79%, and the net profit margin is 2.23% in TTM, indicating moderate profitability. The EBIT margin is 2.21%, with an EBITDA margin of 7.45%, showing substantial operating efficiency. However, the revenue growth has been declining from previous years, indicating potential challenges in revenue expansion.

Balance Sheet

The company's debt-to-equity ratio is 0.56, reflecting a moderate level of leverage. With a return on equity (ROE) of 5.64% in TTM, Asti demonstrates moderate efficiency in generating profits from shareholders' equity. The equity ratio is 52.09%, indicating a stable capital structure. However, the growth in stockholders' equity has been relatively slow, and total assets have seen a limited increase.

Cash Flow

Free cash flow analysis is limited due to unavailable data for the TTM period. Previously, the company showed significant volatility in free cash flow, with negative figures in earlier years. Operating cash flow was also inconsistent, showing potential challenges in cash generation from operations.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
63.38B	63.61B	64.88B	58.79B	45.21B	45.50B
	Gross Profit
6.21B	6.76B	6.39B	4.37B	4.33B	4.60B
	EBIT
1.40B	2.23B	1.89B	281.17M	980.35M	959.81M
	EBITDA
4.72B	5.78B	3.98B	2.63B	2.96B	2.82B
	Net Income Common Stockholders
1.41B	2.70B	1.51B	702.95M	1.39B	543.61M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.20B	3.19B	2.84B	1.96B	2.19B	2.03B
	Total Assets
20.07B	48.01B	46.36B	42.75B	34.73B	30.25B
	Total Debt
4.12B	15.72B	17.04B	16.00B	10.00B	8.22B
	Net Debt
2.93B	12.53B	14.20B	14.03B	7.81B	6.20B
	Total Liabilities
8.37B	23.69B	25.25B	23.48B	16.79B	13.98B
	Stockholders Equity
11.69B	24.29B	21.09B	19.26B	17.92B	16.26B
Cash Flow		Free Cash Flow
0.00	1.34B	-63.61M	-6.29B	-1.40B	817.95M
	Operating Cash Flow
0.00	3.22B	4.91B	-4.75B	153.83M	2.73B
	Investing Cash Flow
0.00	-1.96B	-4.98B	-1.36B	-1.49B	-1.92B
	Financing Cash Flow
0.00	-1.63B	890.99M	5.70B	1.46B	-627.80M

Asti Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1832.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6899, the sentiment is Negative. The current price of 1832 is below the 20-day moving average (MA) of 1860.35, below the 50-day MA of 1999.80, and below the 200-day MA of 2147.11, indicating a bearish trend. The MACD of -42.44 indicates Negative momentum. The RSI at 46.26 is Neutral, neither overbought nor oversold. The STOCH value of 77.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6899.

Asti Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6758	79 Outperform	$20.45T	17.92	14.40%	0.53%	9.56%	26.52%
6701	78 Outperform	$4.38T	22.99	10.13%	0.85%	-0.91%	52.93%
6861	78 Outperform	$13.71T	34.70	13.62%	0.57%	9.09%	9.30%
6762	76 Outperform	¥2.68T	15.81		2.10%	3.09%	71.49%
6752	68 Neutral	$3.55T	10.65	7.23%	2.42%	1.72%	-33.60%
6899	66 Neutral	¥5.88B	3.23		5.95%	6.64%	-20.25%
Sector *	59 Neutral	$9.97B	10.09	-6.54%	3.08%	7.41%	-11.60%