Stanley Electric Co., Ltd. STAEY

Consumer DiscretionaryAutomobiles & Auto PartsJapan

Last close 11.20 USD on Nov 1, 2026, – year to date

Quant rating

Quant rating C Rank 138 of 297 in Consumer Discretionary

Growth B 79 of 297
Valuation B 89 of 297
Quality B 82 of 297
Revisions B 64 of 297
Momentum D 289 of 297

Wall Street consensus Buy (2.27)Average target 25.43 USD +127.1%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 2.5B
Enterprise value: 3.1B
52-week range: – – –
3-year range: 8.97 – 11.20
Dividend yield: 2.23%
Beta (5 years): –
Shares outstanding: 126M
Next earnings: Jan 30, 2027

About the company

Stanley Electric Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment products, component products and electronic applied products. The Company operates through three segments. The Automotive Equipment segment mainly manufactures automotive lighting products, which are sold to automobile manufacturers. The Components segment mainly manufactures electronic device products that are sold to manufacturers related to electrical machinery and automobiles. The Electronic Applied Products segment mainly manufactures electronic applied products such as units and modules that meet the specifications of customers, such as liquid crystal backlights, and operation panels that are sold mainly to electrical equipment, automobiles, and automobile-related manufacturers. In addition, the Company is also engaged in business activities such as promotion of employment of people with physical disabilities and financial and management services for groups.

Growth and profitability fiscal year ends March 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	3,267	3,398	3,122	3,310	3,145	–
Revenue growth	−3.9%	8.8%	−5.7%	5.3%	−3.2%	0.1%
EPS (basic, normalized)	1.53	1.44	1.03	1.21	1.02	–
EPS growth	5.8%	40.6%	−15.4%	18.6%	–	–
Gross margin	20.8%	20.7%	17.5%	18.9%	18.5%	19.3%
Net margin	6.3%	6.3%	5.6%	6.0%	5.6%	6.0%
ROE	7.0%	6.3%	5.3%	5.8%	5.1%	5.9%

Balance sheet, last quarter
Cash & short-term investments (mil)	1,393
Current ratio	1.69x
Long-term debt (mil)	355
Net debt (mil)	572
Total equity (mil)	2,931
Net debt / equity	0.19x
Net debt / EBITDA	1.07x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	3,267	−3.9%	0.9x	536	−17.6%	5.8x	1.53	+5.8%	7.3x
2027	3,980	+21.8%	0.8x	654	+22.0%	4.7x	1.92	+26.1%	5.8x
2028	4,118	+3.5%	0.8x	699	+6.9%	4.4x	2.22	+15.4%	5.0x
2029	4,285	+4.0%	0.7x	743	+6.3%	4.2x	2.62	+17.9%	4.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	3,980	−0.1%	+0.7%	+14.4%	1.92	+0.3%	+1.3%	+8.7%
2028	4,118	+0.3%	+0.7%	+13.4%	2.22	+1.0%	+1.3%	+9.5%
2029	4,285	+0.5%	+1.1%	+15.1%	2.62	+0.8%	+2.1%	+0.2%

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	116,999	121,441	122,546	131,910	133,668	119,838	128,636	131,813	138,169	145,856
Sales mean (mil)	118,281	121,560	124,600	128,483	125,421	118,400	118,300	125,960	132,243	143,657
Surprise	−1.1%	−0.1%	−1.6%	+2.7%	+6.6%	+1.2%	+8.7%	+4.6%	+4.5%	+1.5%
EPS reported	78.11	36.31	34.90	48.97	85.55	34.58	34.79	87.21	92.12	33.66
EPS mean	71.65	41.20	–	52.47	50.03	43.20	40.45	47.55	70.59	48.40
Surprise	+9.0%	−11.9%	–	−6.7%	+71.0%	−20.0%	−14.0%	+83.4%	+30.5%	−30.5%

Peer comparison Automobiles & Auto Parts

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
STAEY Stanley Electric Co., Ltd.	2.5B	1.07x	6.3%	0.85x	5.8x	5.0x	4.7x	4.4x
QS QuantumScape Corporation	2.5B	3.13x	–	2.54x	−6.3x	−6.2x	−6.7x	−7.3x
LCII LCI Industries	2.4B	1.59x	4.6%	1.68x	11.7x	10.7x	7.0x	6.6x
TDBOY Toyota Boshoku Corp	2.4B	−0.88x	1.1%	0.73x	18.3x	17.4x	2.2x	2.1x
DAN Dana Inc	2.3B	1.76x	−0.9%	1.29x	8.5x	6.0x	4.1x	2.5x
PHIN PHINIA Inc.	2.3B	1.36x	3.8%	1.50x	10.1x	8.9x	5.7x	5.4x
Mean		1.34x	3.0%	1.43x	8.0x	7.0x	2.9x	2.3x
Median		1.47x	3.8%	1.40x	9.3x	7.4x	4.4x	3.5x

Technical analysis

1M–
3M–
1Y–
3Y−6.3%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Stanley Electric Co., Ltd., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	3,267	3,398	3,122	3,310	3,145	3,249
Cost of revenue	2,587	2,694	2,574	2,685	2,562	2,572
Gross profit	680	705	548	625	583	677
Selling, general & administrative expenses	202	186	275	307	310	308
Research & development	165	152	–	–	–	–
Depreciation/amortization	43.2	40.1	35.9	42.3	44.5	45.4
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	30.2	43.3	75.8	16.7	12.7	33.5
Other operating expenses	0	0	0	0	0	0
Operating income	239	284	161	260	215	291
Net interest income (expense)	115	65.7	119	75.2	59.5	30.1
Gain (loss) on sale of assets	1.8	3.9	1.4	0.6	0.6	0.7
Other non-operating income (expense)	−1.3	0.6	3.2	2.5	18.6	18.6
Net income before taxes	354	354	284	338	294	340
Provision for taxes	87.7	84.5	64.5	79.9	72.3	93.7
Minority interest	−59.6	−55.4	−44.7	−58.6	−45.5	−39.4
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	207	214	175	200	176	207
Extraordinary items	–	–	–	–	–	–
Net income	207	214	175	200	176	207
EBIT, normalized	269	327	237	276	228	324
EBITDA, normalized	532	618	482	590	527	626
Basic EPS, normalized	1.53	1.44	1.03	1.21	1.02	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Stanley Electric Co., Ltd., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	1,430	1,465	1,313	1,306	1,239	1,252
Receivables	531	516	496	526	559	588
Total inventory	355	370	367	348	405	309
Prepaid expenses	–	–	–	–	–	–
Other current assets	274	251	194	241	257	215
Total current assets	2,590	2,601	2,370	2,421	2,460	2,365
Property, plant & equipment	1,659	1,571	1,261	1,468	1,602	1,696
Goodwill	33.0	35.1	4.4	5.3	6.1	7.0
Intangibles	44.4	31.6	53.9	55.5	67.3	82.2
Long-term investments	452	519	865	745	614	634
Note receivable	–	–	–	–	–	–
Other long-term assets	321	241	126	47.9	62.4	104
Total assets	5,099	4,999	4,681	4,741	4,812	4,887
Liabilities
Accounts payable	256	273	268	285	323	338
Payable/accrued	–	–	–	–	–	–
Accrued expenses	40.4	41.2	35.6	40.9	39.7	42.2
Short-term debt	483	0	0	0	0	0
Current portion of long-term debt	11.8	10.8	75.9	10.2	6.6	7.1
Other current liabilities	320	282	266	190	245	290
Total current liabilities	1,111	607	646	526	614	678
Long-term debt	267	286	18.4	96.5	96.8	108
Minority interest	740	754	427	448	444	407
Other liabilities	118	112	122	81.4	82.2	85.1
Total liabilities	2,235	1,759	1,213	1,152	1,237	1,277
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	192	203	202	230	251	276
Additional paid-in capital	121	127	196	225	246	270
Retained earnings (accumulated deficit)	1,897	2,393	2,559	2,817	2,920	3,097
Treasury stock	−58.5	−51.1	−191	−143	−266	−284
Other equity	712	568	702	460	424	252
Total equity	2,864	3,240	3,468	3,589	3,575	3,610
Total liabilities & shareholders' equity	5,099	4,999	4,681	4,741	4,812	4,887

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Stanley Electric Co., Ltd., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	354	354	284	338	294	340
Depreciation, depletion & amortization	263	291	245	313	299	302
Deferred taxes	–	–	–	–	–	–
Non-cash items	−86.0	−59.3	−4.0	−102	−35.3	−74.1
Changes in working capital	−38.0	−142	−91.9	25.2	−254	−147
Cash from operations	494	444	433	574	303	421
Investing activities
Capital expenditures	−363	−304	−179	−273	−238	−282
Other investing cash flows	54.8	−128	−29.5	−152	71.1	−94.5
Cash from investing	−308	−433	−209	−425	−167	−376
Financing activities
Financing cash flow items	−102	−68.4	−49.0	−72.1	−28.4	−23.1
Cash dividends paid	−77.9	−63.6	−56.6	−60.2	−66.0	−58.3
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−20.2	−1.2	−65.9	104	−16.5	−36.2
Cash from financing	−200	−133	−172	−28.8	−111	−118
Foreign exchange effects	61.4	−2.8	54.3	21.5	61.4	38.4
Net change in cash	47.1	−125	107	142	87.2	−34.1
Free cash flow	131	140	254	301	65.6	140

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.