1948.T

Strong BuyPremium GrowerAI neutral

The Kodensha Co., Ltd. · Industrials · Japan · $635M

JPY 11,450 +0.0% · close 30 Sep · scored 7 Oct

Premium Grower: Strong business with the market behind it, priced at a premium.

91
StockRank
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Quality
71
Value
23
Momentum
96

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P/E (TTM)
35.3x
peers 13.4x
ROE
13.5%
peers 9.8%
D/E
0.0x
peers 0.2x
Dividend %
0.9%
trailing yield
AI CONVICTION THESIS

Kodensha is a Japanese electrical and telecommunications contractor that benefits from grid, railway and data-centre electrical work. The shares have very strong momentum but a low value score. Regulatory filings show insider purchases equal to 42.5% of shares alongside 4.7% of sales in 90 days, which points to a major change in ownership, possibly a restructuring involving a large shareholder, that the available news does not explain. Without clarity on who holds control and on what terms, the case is unclear.

ABOUT THE KODENSHA CO., LTD.

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The Kodensha Co., Ltd. is engaged in the construction and engineering of building facilities in Japan, specializing in electrical, air conditioning, and sanitary equipment, along with maintenance services. The company operates in a specialized market, relying on technical expertise, established client relationships, and a reputation for quality in complex construction projects. Kodensha is a long-standing player in Japan's infrastructure sector, providing essential systems for commercial, industrial, and public facilities.

FINANCIAL SUMMARY (JPY)

Year2022202320242025CAGRTTM
Revenue29.2B33.6B34.9B39.3B10.4%45.5B
EPS (JPY)35.0962.75101.51309.66106.7%324.80
Shares8.9M8.9M8.9M8.7M-1.4%8.7M
Debt608.0M589.0M572.0M514.0M-5.4%503.2M
Equity18.5B18.6B20.4B21.8B5.7%—
Op CF-589.0M123.0M190.0M1.1B201.2%3.3B
Inv CF986.0M238.0M13.0M-249.0M——
Fin CF-534.0M-411.0M-418.0M-1.1B——
Loading 1Y...
PRICE (1Y) · JPY+0.4%
11,41011,42011,43011,44011,45017 Aug7 Sep30 Sep
SMA 50SMA 200

Price checkExperimental
SwingsBumpy

Swung more than 61% of stocks we rank over the past year (48% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
JPY 11,450
RSI (14)
80.0
52-Week Range-0.4% from high
Low JPY 2,319.27High JPY 11,500

SCORE BREAKDOWN

Quality
71
ROIC
16.8%80.8
ROE
13.5%70.5
GP/Assets
30.4%78.7
Op. Margin
5.6%40.0
FCF/Assets
1.9%41.8
Piotroski
776.6
Int. Cover
50.0x88.5
D/E Ratio
0.02x87.8
Current Ratio
2.56x75.1
Value
23
P/E (TTM)
35.3x25.4
EV/EBITDA
21.8x24.8
P/FCF
157.1x8.8
P/B
4.0x24.3
P/S
2.2x37.0
Div Yield
0.9%23.5
Momentum
96
52W High %
100%99.1
RS 6M
50%91.7
SMA 50/200
1.37x97.2
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
667%96.3

FUNDAMENTALS

Market Cap
$635M
P/E (Forward)
—
Gross Margin
22.4%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 1948.T are excluded.

TickerCompanyMkt CapStockRankSignal
1948.TThe Kodensha Co., Ltd.(you)$635M91Strong Buy
1870.TYahagi Construction Co.,Ltd.$596M90Strong Buy
1975.TAsahi Kogyosha Co., Ltd.$658M93Strong Buy
1982.THibiya Engineering, Ltd.$847M92Strong Buy
1939.TYondenko Corporation$701M96Strong Buy
1926.TRaito Kogyo Co., Ltd.$1.0B91Strong Buy
5911.TYokogawa Bridge Holdings Corp.$757M83Strong Buy
9716.TNOMURA Co., Ltd.$884M86Strong Buy
1852.TAsanuma Corporation$456M86Strong Buy
6379.TRAIZNEXT Corporation$1.1B92Strong Buy

Peer medians: ROE 9.8% · P/E 13.4x · Gross margin 24.9%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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The Kodensha Co., Ltd. (1948.T): Stock Score Summary

The Kodensha Co., Ltd. (1948.T) has a MoatMap StockRank of 91/100 based on Quality (71/100), Value (23/100), and Momentum (96/100) factor scores. The current signal is STRONG BUY. Kodensha is a Japanese electrical and telecommunications contractor that benefits from grid, railway and data-centre electrical work. The shares have very strong momentum but a low value score. Regulatory filings show insider purchases equal to 42.5% of shares alongside 4.7% of sales in 90 days, which points to a major change in ownership, possibly a restructuring involving a large shareholder, that the available news does not explain. Without clarity on who holds control and on what terms, the case is unclear.

The Kodensha Co., Ltd. is engaged in the construction and engineering of building facilities in Japan, specializing in electrical, air conditioning, and sanitary equipment, along with maintenance services. The company operates in a specialized market, relying on technical expertise, established client relationships, and a reputation for quality in complex construction projects. Kodensha is a long-standing player in Japan's infrastructure sector, providing essential systems for commercial, industrial, and public facilities.

Key Financial Metrics

PriceJPY 11,450
Market Cap$635M
P/E (TTM)35.34
Price/Book4.03
Return on Equity13.5%
Return on Invested Capital16.8%
Debt/Equity0.02x
Gross Margin22.4%
Operating Margin5.6%
Revenue Growth13.6%
Dividend Yield0.9%
Free Cash Flow$4M

The Kodensha Co., Ltd. operates in the Engineering & Construction industry, part of the Industrials sector (Japan).

Frequently Asked Questions

What is The Kodensha Co., Ltd.’s (1948.T) StockRank?
MoatMap’s StockRank for The Kodensha Co., Ltd. (1948.T) is 91/100, with a Strong Buy signal. It is a composite of Quality (71), Value (23), and Momentum (96) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does The Kodensha Co., Ltd. have an economic moat?
The Kodensha Co., Ltd. (1948.T) has a Quality factor score of 71/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is The Kodensha Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for The Kodensha Co., Ltd. (1948.T) is Strong Buy, based on a StockRank of 91/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is The Kodensha Co., Ltd. in?
The Kodensha Co., Ltd. (1948.T) operates in the Industrials sector, specifically the Engineering & Construction industry (Japan).