Meiji Electric Industries Co., Ltd.

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: JP3917600003
JPY
2,285.00
28 (1.24%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Technoflex Corp.
Sansei Technologies, Inc.
Seibu Electric & Machinery Co., Ltd.
Marumae Co., Ltd.
Meiji Electric Industries Co., Ltd.
Maezawa Industries, Inc.
JUKI Corp.
Futaba Corp.
Sanden Corp.
Techno Smart Corp.
Nissei Plastic Industrial Co., Ltd.

Why is Meiji Electric Industries Co., Ltd. ?

1
Company has very low debt and has enough cash to service the debt requirements
2
Positive results in Dec 25
  • DEBT-EQUITY RATIO (HY) Lowest at -39.02 %
  • INTEREST COVERAGE RATIO(Q) The company hardly has any interest cost
  • RAW MATERIAL COST(Y) Fallen by -7.5% (YoY)
3
With ROE of 7.24%, it has a very attractive valuation with a 0.69 Price to Book Value
  • The stock is trading at a premium compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 39.33%, its profits have risen by 2.9% ; the PEG ratio of the company is 3.3
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Meiji Electric Industries Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Meiji Electric Industries Co., Ltd. for you?

Low Risk, Medium Return

Absolute
Risk Adjusted
Volatility
Meiji Electric Industries Co., Ltd.
39.33%
1.03
37.51%
Japan Nikkei 225
36.73%
1.30
28.24%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
-0.44%
EBIT Growth (5y)
-3.39%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.23
Sales to Capital Employed (avg)
2.29
Tax Ratio
30.89%
Dividend Payout Ratio
31.36%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.96%
ROE (avg)
6.99%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.69
EV to EBIT
4.85
EV to EBITDA
4.40
EV to Capital Employed
0.60
EV to Sales
0.20
PEG Ratio
3.29
Dividend Yield
NA
ROCE (Latest)
12.44%
ROE (Latest)
7.24%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bullish
Mildly Bearish
OBV
No Trend
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

7What is working for the Company
DEBT-EQUITY RATIO (HY)

Lowest at -39.02 %

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

RAW MATERIAL COST(Y)

Fallen by -7.5% (YoY

CASH AND EQV(HY)

Highest at JPY 26,905.55 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 3.68 times

-2What is not working for the Company
NET SALES(Q)

Fallen at -9.59%

OPERATING PROFIT MARGIN(Q)

Lowest at 3.61 %

Here's what is working for Meiji Electric Industries Co., Ltd.

Debt-Equity Ratio
Lowest at -39.02 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Cash and Eqv
Highest at JPY 26,905.55 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio
Highest at 3.68 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost
Fallen by -7.5% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Meiji Electric Industries Co., Ltd.

Net Sales
Fallen at -9.59%
Year on Year (YoY)
MOJO Watch
Near term sales trend is negative

Net Sales (JPY MM)

Operating Profit Margin
Lowest at 3.61 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Non Operating Income
Highest at JPY 0.21 MM
in the last five periods
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating income