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Meiji Electric IndustriesLtd TSE:3388 Stock Report

Last Price

JP¥1.60k

Market Cap

JP¥20.3b

7D

2.0%

1Y

32.8%

Updated

26 Apr, 2024

Data

Company Financials

Meiji Electric Industries Co.,Ltd.

TSE:3388 Stock Report

Market Cap: JP¥20.3b

3388 Stock Overview

Meiji Electric Industries Co.,Ltd. imports, exports, and sells electrical devices, measuring instruments, electrical equipment, and automation and energy-saving function components and equipment.

3388 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends4/6

Meiji Electric Industries Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meiji Electric IndustriesLtd
Historical stock prices
Current Share PriceJP¥1,597.00
52 Week HighJP¥1,700.00
52 Week LowJP¥1,186.00
Beta0.52
1 Month Change2.18%
3 Month Change10.90%
1 Year Change32.75%
3 Year Change13.18%
5 Year Change-13.02%
Change since IPO-2.02%

Recent News & Updates

Meiji Electric IndustriesLtd's (TSE:3388) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 03
Meiji Electric IndustriesLtd's (TSE:3388) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

Meiji Electric IndustriesLtd's (TSE:3388) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 03
Meiji Electric IndustriesLtd's (TSE:3388) Shareholders Will Receive A Bigger Dividend Than Last Year

Shareholder Returns

3388JP Trade DistributorsJP Market
7D2.0%2.0%-0.5%
1Y32.8%65.6%28.3%

Return vs Industry: 3388 underperformed the JP Trade Distributors industry which returned 65.6% over the past year.

Return vs Market: 3388 exceeded the JP Market which returned 28.3% over the past year.

Price Volatility

Is 3388's price volatile compared to industry and market?
3388 volatility
3388 Average Weekly Movement3.0%
Trade Distributors Industry Average Movement3.6%
Market Average Movement4.1%
10% most volatile stocks in JP Market8.1%
10% least volatile stocks in JP Market2.3%

Stable Share Price: 3388 has not had significant price volatility in the past 3 months.

Volatility Over Time: 3388's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1920698Hiroki Sugiwakiwww.meijidenki.co.jp

Meiji Electric Industries Co.,Ltd. imports, exports, and sells electrical devices, measuring instruments, electrical equipment, and automation and energy-saving function components and equipment. It also designs, develops, and manufactures electronic products, inspection, mechatronic, FA, and information and distribution systems.

Meiji Electric Industries Co.,Ltd. Fundamentals Summary

How do Meiji Electric IndustriesLtd's earnings and revenue compare to its market cap?
3388 fundamental statistics
Market capJP¥20.31b
Earnings (TTM)JP¥2.66b
Revenue (TTM)JP¥75.53b

7.6x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3388 income statement (TTM)
RevenueJP¥75.53b
Cost of RevenueJP¥64.25b
Gross ProfitJP¥11.27b
Other ExpensesJP¥8.62b
EarningsJP¥2.66b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)208.99
Gross Margin14.93%
Net Profit Margin3.52%
Debt/Equity Ratio4.1%

How did 3388 perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

15%

Payout Ratio
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