Meiko Electronics Co., Ltd.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3915350007
JPY
11,280.00
-300 (-2.59%)
  • 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

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Hosiden Corp.
HIROSE ELECTRIC CO., LTD.
Citizen Watch Co., Ltd.
Meiko Electronics Co., Ltd.
Nichicon Corp.
IRISO Electronics Co., Ltd.
Japan Aviation Electronics Industry Ltd.
Taiyo Yuden Co., Ltd.
Shinko Electric Industries Co., Ltd.
Japan Display, Inc.
MegaChips Corp.
Why is Meiko Electronics Co., Ltd. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
  • Poor long term growth as Operating profit has grown by an annual rate 29.75% of over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at times
2
Healthy long term growth as Net Sales has grown by an annual rate of 12.36%
3
Flat results in Jun 25
  • INTEREST(HY) At JPY 1,320 MM has Grown at 129.57%
  • DEBT-EQUITY RATIO (HY) Highest at 74.56 %
4
With ROCE of 11.09%, it has a attractive valuation with a 1.28 Enterprise value to Capital Employed
  • 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 31.66%, its profits have risen by 30.5% ; the PEG ratio of the company is 0.3
5
Consistent Returns over the last 3 years
  • Along with generating 31.66% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report
Verdict Report
How much should you hold?
  1. Overall Portfolio exposure to Meiko Electronics Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Electronics & Appliances should be less than 30%

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

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

Is Meiko Electronics Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Meiko Electronics Co., Ltd.
26.17%
1.11
56.80%
Japan Nikkei 225
28.54%
1.14
25.81%
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)
12.36%
EBIT Growth (5y)
29.75%
EBIT to Interest (avg)
11.22
Debt to EBITDA (avg)
2.83
Net Debt to Equity (avg)
0.59
Sales to Capital Employed (avg)
1.01
Tax Ratio
18.59%
Dividend Payout Ratio
15.45%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.77%
ROE (avg)
14.25%
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
1.44
EV to EBIT
11.54
EV to EBITDA
6.82
EV to Capital Employed
1.28
EV to Sales
1.06
PEG Ratio
0.34
Dividend Yield
NA
ROCE (Latest)
11.09%
ROE (Latest)
13.95%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Bullish
Bullish
OBV
Bullish
Bullish
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

4What is working for the Company
RAW MATERIAL COST(Y)

Fallen by -24.97% (YoY

CASH AND EQV(HY)

Highest at JPY 56,795 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 4.33%

DEBTORS TURNOVER RATIO(HY)

Highest at 4.46%

-9What is not working for the Company
INTEREST(HY)

At JPY 1,320 MM has Grown at 129.57%

DEBT-EQUITY RATIO (HY)

Highest at 74.56 %

Here's what is working for Meiko Electronics Co., Ltd.
Cash and Eqv
Highest at JPY 56,795 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 4.33%
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 4.46%
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 -24.97% (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 Meiko Electronics Co., Ltd.
Interest
At JPY 1,320 MM has Grown at 129.57%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Debt-Equity Ratio
Highest at 74.56 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio