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9503:TSEKansai Electric Power Company, Incorporated Analysis

Data as of 2026-03-13 - not real-time

¥2,584.50

Latest Price

5/10Risk

Risk Level: Medium

Executive Summary

The stock trades at ¥2,584.5, sitting below the 20‑day SMA (¥2,654) but just above the 50‑day SMA (¥2,569), indicating a mixed short‑term technical picture. Momentum is neutral with an RSI of 49, while the MACD shows a bearish histogram, suggesting limited upside in the near term.
Fundamentally, the company appears deeply undervalued – a trailing P/E of 6.6 versus the industry average of 23.3 and a P/B of 0.85 – and offers a solid 3.49% dividend yield supported by a low 15% payout ratio. Low beta (0.26) and a defensive utilities sector offset the relatively high 30‑day volatility (36%), making the stock attractive for value‑oriented, income‑focused investors.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 6/10

Key Factors

  • Price below 20‑day SMA and bearish MACD signal
  • Limited near‑term upside to the ¥2,826 resistance
  • Attractive dividend yield with low payout ratio

Medium Term

1–3 years
Positive
Model confidence: 7/10

Key Factors

  • Significant valuation discount vs industry peers
  • Sustainable dividend supported by strong cash generation
  • Defensive sector positioning and low systematic risk

Long Term

> 3 years
Positive
Model confidence: 8/10

Key Factors

  • Undervalued fundamentals and stable earnings profile
  • Consistent dividend income with ample coverage
  • Low beta and defensive utilities exposure for portfolio stability

Key Metrics & Analysis

Financial Health

Profit Margin9.63%
P/E Ratio6.6
ROE12.43%
ROA2.96%
Debt/Equity127.42
P/B Ratio0.9
Industry P/E23.3

Technical Analysis

TrendBullish
RSI49.0
Support¥2,368.50
Resistance¥2,826.00
MA 20¥2,654.13
MA 50¥2,568.59
MA 200¥2,199.72
MACDBearish
VolumeIncreasing
Fear & Greed Index73.25

Valuation

Target Price¥2,678.00
Upside/Downside3.62%
GradeUndervalued
TypeValue
Dividend Yield3.49%

Risk Assessment

Beta0.26
Volatility36.11%
Sector RiskLow
Reg. RiskMedium
Geo RiskLow
Currency RiskLow
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.