PicoCELA Inc. American Depositary Shares (PCLA)

FairStock Score: 44/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the close on 2026-10-13, PCLA traded at $6.10 for a $21.6 million market capitalization. I look first for a durable business at a sensible price. PicoCELA sells enterprise wireless mesh hardware, installation, and a cloud management service in Japan, and it licenses patented mesh technology. That is a real niche, but it is a small one: 55 employees, no meaningful filing history, and FairStock cannot assign a Peter Lynch category because it has only 0 years of filed results, versus the 3 needed. The financials are ugly. FairStock's calculated P/E is -1.39 because earnings are negative, return on equity is -151.88%, return on capital employed is -32.38%, and debt-to-equity is 0.60. A Piotroski F-Score of 1/9 and an Altman Z-Score of -3.04 suggest weak financial strength and distress risk. The stock trades at 2.30 times book, so even the balance sheet does not offer a classic Graham margin of safety. The 52-week range of $1.35 to $19.61 shows how speculative the market has been. Growth data are not provided, which makes it impossible to judge whether revenue or profits are compounding. The patented licensing angle and PicoManager cloud service could become valuable if adoption expands, but today the evidence points to a loss-making micro-cap with poor financial metrics. I would need to see consistent filings, narrowing losses, better returns on capital, and a price closer to tangible value before calling this a conservative investment.

In plain English: PicoCELA makes wireless mesh Wi-Fi equipment and cloud management software for businesses in Japan. The company is small, with 55 employees, and it is losing money, so the business looks weak. At $6.10, the price looks expensive compared with its book value and current losses, even though it is far below its 52-week high.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer