How does 1869's PE Ratio compare to its peers?

1869 is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (17.5x).

How does 1869's PE Ratio compare vs other companies in the JP Construction Industry?

1869 is good value based on its Price-To-Earnings Ratio (7.9x) compared to the JP Construction industry average (11.8x).

What is 1869's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 1869's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 1869 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1869 (¥1421) is trading below our estimate of [[fair value]] (¥5013.92)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

1869 Stock Overview

Engages in the construction business in Japan. More details

1869 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 71.7% below our estimate of its fair value

Pays a reliable dividend of 2.53%

Risk Analysis

Earnings have declined by 4.2% per year over past 5 years

My Notes

Capture your thoughts, links and company narrative

Meiko Construction Co.,Ltd. Competitors

Yamato

TSE:1967

JP¥34.3b

Tokyo Energy & Systems

TSE:1945

JP¥37.0b

Nittoc Construction

TSE:1929

JP¥41.8b

Fudo Tetra

TSE:1813

JP¥32.4b

Price History & Performance

Summary of share price highs, lows and changes for Meiko ConstructionLtd
Historical stock prices
Current Share Price	JP¥1,421.00
52 Week High	JP¥1,458.00
52 Week Low	JP¥1,060.00
Beta	0.20
1 Month Change	15.91%
3 Month Change	25.98%
1 Year Change	16.00%
3 Year Change	17.34%
5 Year Change	28.95%
Change since IPO	34.75%

Recent updates

Shareholder Returns

	1869	JP Construction	JP Market
7D	3.4%	1.8%	1.8%
1Y	16.0%	20.2%	15.6%

Return vs Industry: 1869 underperformed the JP Construction industry which returned 20.2% over the past year.

Return vs Market: 1869 matched the JP Market which returned 15.6% over the past year.

Price Volatility

Is 1869's price volatile compared to industry and market?
1869 volatility
1869 Average Weekly Movement	2.7%
Construction Industry Average Movement	3.1%
Market Average Movement	3.5%
10% most volatile stocks in JP Market	7.2%
10% least volatile stocks in JP Market	1.8%

Stable Share Price: 1869 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 1869's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1941	1,248	Tokuji Matsuno	www.meikokensetsu.co.jp

Meiko Construction Co.,Ltd., together with its subsidiaries, engages in the construction business in Japan. The company operates through two segments, Construction Business and Real Estate Business. It constructs tunnels, roads, water and sewage, and subway facilities, as well as condominiums, resort facilities, factories, and large-scale public buildings.

Meiko Construction Co.,Ltd. Fundamentals Summary

How do Meiko ConstructionLtd's earnings and revenue compare to its market cap?
1869 fundamental statistics
Market cap	JP¥35.87b
Earnings (TTM)	JP¥4.53b
Revenue (TTM)	JP¥86.49b

7.9x

P/E Ratio

0.4x

P/S Ratio

Is 1869 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1869 income statement (TTM)
Revenue	JP¥86.49b
Cost of Revenue	JP¥75.11b
Gross Profit	JP¥11.38b
Other Expenses	JP¥6.86b
Earnings	JP¥4.53b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	179.29
Gross Margin	13.16%
Net Profit Margin	5.23%
Debt/Equity Ratio	6.5%

How did 1869 perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

21%

Payout Ratio

Does 1869 pay a reliable dividends?

See 1869 dividend history and benchmarks

When do you need to buy 1869 by to receive an upcoming dividend?
Meiko ConstructionLtd dividend dates
Ex Dividend Date	Mar 28 2025
Dividend Pay Date	Jun 04 2025
Days until Ex dividend	84 days
Days until Dividend pay date	152 days

Does 1869 pay a reliable dividends?

See 1869 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/01 16:48
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Meiko Construction Co.,Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Company Forecast
Yoko Mizoguchi	Ichiyoshi Research Institute Inc.