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Espec Corp. (6859.T)

JPY4,045.00 +145.00 (+3.72%)
JP JPX Technology Hardware, Equipment & Parts
Address 3-5-6 Tenjinbashi 530-8550
Osaka, JP
CEO Satoshi Arata
IPO 2001-01-01
ISIN JP3469800001

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Description

Espec Corp. is a global producer and distributor of environmental testing equipment. The company's business activities are organized into three primary divisions: Equipment Business, Service Business, and Other Business. Its product line features a wide array of climate control solutions, including temperature and humidity chambers, rapid thermal cycle chambers, thermal shock chambers, and other specialized temperature chambers, as well as integrated network solutions. Espec also develops equipment for secondary batteries, sophisticated measurement and evaluation systems, devices for the semiconductor sector, and chambers for indoor farming and growth. Furthermore, the company provides comprehensive after-sales and engineering support, laboratory testing, and expert consulting. Its service offerings extend to analysis, calibration, and the rental and resale of equipment. Espec Corp. was established in Osaka, Japan, in 1947.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY4,045.00 +145.00 (+3.72%)
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Volume Profile
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Liquidity & share structure
Average Volume
107.4K
Beta
0.94
Float Shares
15.98M
Free Float %
74.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.33% -4.42% +0.00% -10.67% +0.00% +0.90% +25.66% +61.99% +74.93% +122.74% +238.38%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4,045.00
DCF (Unlevered) 7,701.15 +90.4%
DCF (Levered) 5,416.65 +33.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.48
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Hardware, Equipment & Parts: +10.0%
    +4.1% Q1'26: +9.3% (vs Q1'25)
  • EPS growth Hardware, Equipment & Parts: +20.2%
    -1.7% Q1'26: +19.7% (vs Q1'25)
  • FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%
    +4.5% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Hardware, Equipment & Parts: +8.7%
    +10.1% Q1'26: +12.2% (vs Q1'25)
  • ROIC Hardware, Equipment & Parts: +5.7%
    +10.9% Q1'26: +18.1% (vs Q1'25)
  • Share dilution Hardware, Equipment & Parts: +0.0%
    -0.4% Q1'26: -1.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×
    0.07× Q1'26: 0.04× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.92) × ERP
WACC = 99% × Ke + 1% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 7,701.96 Current price: 4,045.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
3 Rev. Ana.
3 EPS Ana.
Mar 2027
3 Rev. Ana.
3 EPS Ana.
Mar 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
33.66B
est: 33.00B (+2.0%)
39.04B
est: 37.30B (+4.7%)
39.51B
est: 38.50B (+2.6%)
44.07B
est: 44.00B (+0.2%)
50.58B
est: 48.90B (+3.4%)
42.44B
est: 41.83B (+1.5%)
38.67B
est: 38.00B (+1.8%)
41.85B
est: 42.20B (-0.8%)
52.89B
est: 52.13B (+1.5%)
62.13B
est: 63.54B (-2.2%)
67.29B
est: 66.67B (+0.9%)
67.94B
67.72B – 68.10B
+1.9% YoY
72.32B
71.95B – 73.00B
+6.4% YoY
75.85B
73.70B – 78.00B
+4.9% YoY
EBITDA
3.29B
est: 3.85B (-14.7%)
4.28B
est: 4.35B (-1.6%)
4.10B
est: 4.49B (-8.7%)
5.49B
est: 5.14B (+6.8%)
6.80B
est: 5.71B (+19.1%)
4.76B
est: 4.88B (-2.5%)
3.70B
est: 4.44B (-16.7%)
3.37B
est: 4.93B (-31.7%)
5.83B
est: 6.09B (-4.2%)
8.30B
est: 12.50B (-33.6%)
9.50B
est: 13.11B (-27.5%)
13.36B
13.32B – 13.39B
+1.9% YoY
14.22B
14.15B – 14.36B
+6.4% YoY
14.92B
14.49B – 15.34B
+4.9% YoY
EBIT
2.64B
est: 2.88B (-8.3%)
3.52B
est: 3.26B (+8.1%)
3.24B
est: 3.36B (-3.5%)
4.60B
est: 3.84B (+19.8%)
5.83B
est: 4.27B (+36.5%)
3.79B
est: 3.65B (+3.7%)
2.57B
est: 3.32B (-22.4%)
1.97B
est: 3.69B (-46.6%)
4.37B
est: 4.55B (-4.1%)
6.59B
est: 10.55B (-37.6%)
7.53B
est: 11.07B (-32.0%)
11.28B
11.25B – 11.31B
+1.9% YoY
12.01B
11.95B – 12.12B
+6.4% YoY
12.60B
12.24B – 12.95B
+4.9% YoY
Net Income
2.12B
est: 1.50B (+41.0%)
2.41B
est: 2.25B (+7.0%)
2.23B
est: 1.90B (+17.4%)
3.31B
est: 3.15B (+4.9%)
4.29B
est: 3.66B (+17.0%)
2.82B
est: 2.49B (+13.3%)
1.96B
est: 1.36B (+43.7%)
1.91B
est: 1.85B (+2.8%)
3.33B
est: 2.86B (+16.6%)
4.97B
est: 5.16B (-3.7%)
6.00B
est: 5.69B (+5.6%)
5.35B
5.27B – 5.51B
-6.0% YoY
6.20B
6.01B – 6.53B
+16.0% YoY
6.85B
6.62B – 7.12B
+10.4% YoY
SGA
8.44B
est: 7.75B (+8.9%)
8.86B
est: 8.75B (+1.2%)
8.91B
est: 9.04B (-1.4%)
9.69B
est: 10.33B (-6.2%)
10.79B
est: 11.48B (-6.0%)
9.55B
est: 9.82B (-2.7%)
9.35B
est: 8.92B (+4.8%)
10.78B
est: 9.90B (+8.8%)
12.30B
est: 12.23B (+0.5%)
13.79B
est: 14.60B (-5.6%)
14.75B
est: 15.32B (-3.7%)
15.61B
15.56B – 15.65B
+1.9% YoY
16.62B
16.53B – 16.77B
+6.4% YoY
17.43B
16.94B – 17.92B
+4.9% YoY
EPS
91.16
est: 68.80 (+32.5%)
104.74
est: 103.20 (+1.5%)
97.85
est: 87.10 (+12.3%)
144.72
est: 144.40 (+0.2%)
187.64
est: 167.85 (+11.8%)
123.25
est: 113.93 (+8.2%)
85.76
est: 62.50 (+37.2%)
84.84
est: 84.90 (-0.1%)
150.30
est: 130.73 (+15.0%)
227.60
est: 236.35 (-3.7%)
274.96
est: 261.10 (+5.3%)
247.40
242.40 – 253.60
-5.2% YoY
287.00
276.60 – 300.10
+16.0% YoY
315.80
304.30 – 327.30
+10.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 A+ 4/5 4/5 4/5 4/5 4/5 4/5 4/5
2026-05-14 A 4/5 4/5 4/5 4/5 4/5 3/5 4/5
2026-05-13 A 4/5 4/5 4/5 4/5 4/5 3/5 4/5
2026-05-12 A 4/5 4/5 4/5 4/5 4/5 3/5 4/5
2026-05-11 A+ 4/5 4/5 4/5 4/5 4/5 4/5 4/5
2026-05-08 A+ 4/5 4/5 4/5 4/5 4/5 4/5 4/5
2026-05-07 A+ 4/5 4/5 4/5 4/5 4/5 4/5 4/5
2026-05-01 A 4/5 3/5 3/5 4/5 4/5 4/5 4/5
2026-04-30 A 4/5 3/5 3/5 4/5 4/5 4/5 4/5
2026-04-28 A 4/5 3/5 3/5 4/5 4/5 4/5 4/5
2026-04-27 A- 4/5 3/5 3/5 4/5 3/5 4/5 4/5
2026-04-24 A- 4/5 3/5 3/5 4/5 3/5 4/5 4/5
2026-04-23 A- 4/5 3/5 3/5 4/5 3/5 4/5 4/5
2026-04-22 A- 4/5 3/5 3/5 4/5 3/5 4/5 4/5
2026-04-21 A- 4/5 3/5 3/5 4/5 3/5 4/5 4/5
2026-04-20 A- 4/5 3/5 3/5 4/5 3/5 4/5 4/5
2026-04-17 A- 4/5 3/5 3/5 4/5 3/5 4/5 4/5
2026-04-16 A- 4/5 3/5 3/5 4/5 3/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.63B
OE per share TTM
120.43
Owner's Yield
3.58%
Maintenance CapEx ratio
39.84%
Maint CapEx / Avg PPE
24.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 45 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree Japan Opportunities Fund OPPJ 0.83% 2.34M 0.58%
2 WisdomTree Japan SmallCap Dividend Fund DFJ 0.10% 377.5K 0.58%
3 State Street SPDR S&P International Small Cap ETF GWX 0.05% 476.2K 0.40%
4 iShares International Developed Small Cap Value Factor ETF ISVL 0.05% 149.7K 0.31%
5 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.03% 141.0K 0.48%
6 WisdomTree Japan Hedged Equity Fund DXJ 0.03% 2.09M 0.48%
7 WisdomTree Japan Equity UCITS ETF DXJ.L 0.03% 219.8K 0.48%
8 WisdomTree Japan Equity UCITS ETF - USD Hedged Acc DXJA.L 0.03% 219.8K 0.48%
9 WisdomTree Japan Equity UCITS ETF - USD Acc DXJZ.L 0.03% 219.8K 0.40%
10 WisdomTree Japan Equity UCITS ETF - CHF Hedged Acc DXJD.SW 0.03% 271.4K 0.45%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.00M
Shares Outstanding
21.37M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hideyuki Oda Chief Officer of Corporate Control & Export Control, Director and Executive Officer male
Junko Nishitani Director, Operating & Sustainability Officer, IR Manager, & GM-Sustainability Promotion Headquarters
Kazuhiro Suehisa MD, Head of Technology, Production Manager & Fukuchiyama Plant male
Kenji Fuchita Executive Officer & Chief Officer of Test Consulting Services Headquarters male
Kunikazu Ishii Director male
Norihiro Kajiguchi Executive Officer
Satoshi Arata President & Representative Director male
Toshihiko Yoshino Executive Officer, Chief Officer of Sales Headquarters, In charge of Marketing & Director male
Yoshihiro Isozaki Executive Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits