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Capcom Co.

CCOEF
62
Electronic Gaming & Multimedia · Technology
Price
$23.06
+3.16 (+15.88%)
Market Cap
$9.65B
Exchange
Other OTC
Winston Score
62
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Jul 28, 2026 · filings through Mar 31, 2026

Share count rising — dilution

+96.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 213.5M (2022) → 418.4M (2026)

Capcom is a Japanese video game company that makes and sells its own games for consoles, PCs, and mobile devices. Its most famous franchises include Resident Evil, Monster Hunter, Devil May Cry, and Street Fighter — series that have sold hundreds of millions of copies combined over the past four decades. Capcom both develops and publishes its games, giving it full control over some of the most recognized brands in the gaming industry.

Capcom earns money by selling game titles outright, offering downloadable content and expansions, and licensing its characters and stories for merchandise, films, and other media. The company operates primarily in Japan but generates a large share of revenue from North America, Europe, and Asia. Its deep library of owned intellectual property is a strong competitive advantage, as these franchises have loyal fan bases built over decades. The key growth driver is continued expansion of its RE Engine platform, which allows efficient development of high-quality titles, though slowing console hardware sales remain a broader industry risk.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-0.2% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-36.8% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (15%)

Research and development spending

Insider Activity

21.0%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$164.1B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Capcom Co.'s revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
43.3%
Healthy — 43.3% gross margin
Operating Margin
26.2%
Excellent — 26.2% operating margin
ROCE
7.8%
Weak — 7.8% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales YoY
+15.8%
Fast-growing sales (15.8% YoY)
EPS YoY
+13.7%
Earnings growing (13.7% YoY)

Healthy double-digit earnings growth — what compounders look like.

EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Cash Conversion
58%
Weak — only 58% of profit becomes cash
FCF Margin
9.2%
Modest free cash flow (9.2%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

Debt / Equity
0.01
Conservative — low debt load (0.01)
Interest Cover
2076.09x
Comfortably covers interest (2076.1x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

P/E Ratio (TTM)
0.2x
Attractive valuation — P/E 0.2

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward
+0.1
GROWING
Earnings roughly flat

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Dividends

Dividend Yield
1.28%
Small dividend — 1.28% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth
-22.2%
Dividend cut (-22.2% YoY) — warning sign

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