Micware Co., Ltd. (MWC) AI Stock Analysis

Micware Co., Ltd. provides software development services and information technology solutions focusing on the automotive and mobility sectors in Japan and internationally. The company operates through three segments: Software Defined Vehicles, Location-Based Services, and Others. Its Software Defined Vehicles segment develops and sells software systems for software-defined vehicles, including in-vehicle infotainment system software and mobility-enhancing applications. The Location-Based Services segment develops and licenses in-vehicle navigation software and geographic data services for business-to-business clients. Its Other segment provides software development for software-defined vehicles and business-to-consumer mobile applications. Incorporated in 2003 and headquartered in Kobe, Japan, the company employed 483 people as of its 2026 IPO year.

Micware increased revenue from $17.52B in FY2024 to $21.12B in FY2025, representing revenue growth of 20.6%, before reaching $21.90B in FY2026, representing revenue growth of 3.7%. Across those two fiscal years, revenue generated a compound annual growth rate of 11.8%. Gross margin expanded from 30.4% in FY2024 to 35.0% in FY2025 and 36.8% in FY2026. Operating margin stood at 10.8% in FY2024, 10.2% in FY2025, and 10.8% in FY2026, while net margin moved from 7.8% in FY2024 to 6.3% in FY2025 and 7.3% in FY2026. Net income totaled $1.60B in FY2026 compared to $1.33B in FY2025 and $1.37B in FY2024. In the latest quarter ended February 28, 2026, quarterly revenue growth was 0.4% year over year, while quarterly earnings growth reached 32.5%.

As of February 28, 2026, Micware held $8.26B in cash and short-term investments against total debt of $2.57B, resulting in net cash of $5.69B. The company maintained total assets of $24.44B and shareholders' equity of $8.40B, with a debt-to-equity ratio of 0.31 and a current ratio of 1.66. Operating cash flow stood at $2.07B in FY2026, funding capital expenditures of $291.4M to yield free cash flow of $1.78B. Research and development expense totaled $1.54B in FY2026.

Micware trades at a trailing price-to-earnings ratio of 9.0x, below the 18.0x median of its US-listed Consumer Cyclical peers. Its EV-to-EBITDA ratio of 4.7x compares to the peer median of 11.1x, while its EV-to-revenue multiple is 0.8x and price-to-sales is 0.0x versus the peer median price-to-sales of 0.7x. The company's trailing operating margin of 13.6% sits above the peer median of 8.8%. At a last close of $1.63 on October 16, 2026, the stock traded within a 52-week range of $0.78 to $13.95, while the S&P 500 benchmark SPY gained 16.8% over one year and 83.0% over five years.

There are currently no published Wall Street analyst ratings, consensus recommendations, or price targets for Micware Co., Ltd. The stock last closed at $1.63 on October 16, 2026, trading between a 52-week low of $0.78 and a 52-week high of $13.95. The company reported diluted earnings per share of $0.18 over the trailing twelve months and quarterly earnings growth of 32.5% for the period ended February 28, 2026, with no upcoming earnings date specified.

This page is an AI-written research summary of Micware Co., Ltd. (MWC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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