3388 Stock Overview
Imports, exports, and sells electrical devices, measuring instruments, electrical equipment, and automation and energy-saving function components and equipment.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Meiji Electric Industries Co.,Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥1,235.00 |
| 52 Week High | JP¥1,995.00 |
| 52 Week Low | JP¥1,231.00 |
| Beta | 0.35 |
| 11 Month Change | -33.82% |
| 3 Month Change | -25.33% |
| 1 Year Change | -13.58% |
| 33 Year Change | -10.31% |
| 5 Year Change | -5.73% |
| Change since IPO | -24.23% |
Recent News & Updates
Benign Growth For Meiji Electric Industries Co.,Ltd. (TSE:3388) Underpins Stock's 34% Plummet
Aug 05
Returns On Capital At Meiji Electric IndustriesLtd (TSE:3388) Paint A Concerning Picture
Jun 21Recent updates
Benign Growth For Meiji Electric Industries Co.,Ltd. (TSE:3388) Underpins Stock's 34% Plummet
Aug 05Returns On Capital At Meiji Electric IndustriesLtd (TSE:3388) Paint A Concerning Picture
Jun 21Solid Earnings Reflect Meiji Electric IndustriesLtd's (TSE:3388) Strength As A Business
May 22Meiji Electric IndustriesLtd's (TSE:3388) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 03Shareholder Returns
| 3388 | JP Trade Distributors | JP Market | |
|---|---|---|---|
| 7D | -31.0% | -25.1% | -18.6% |
| 1Y | -13.6% | -4.2% | -3.7% |
Return vs Industry: 3388 underperformed the JP Trade Distributors industry which returned 13% over the past year.
Return vs Market: 3388 underperformed the JP Market which returned 9.7% over the past year.
Price Volatility
| 3388 volatility | |
|---|---|
| 3388 Average Weekly Movement | 6.4% |
| Trade Distributors Industry Average Movement | 5.1% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in JP Market | 9.0% |
| 10% least volatile stocks in JP Market | 3.0% |
Stable Share Price: 3388's share price has been volatile over the past 3 months.
Volatility Over Time: 3388's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1920 | 709 | Hiroki Sugiwaki | www.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
| 3388 fundamental statistics | |
|---|---|
| Market cap | JP¥15.71b |
| Earnings (TTM) | JP¥2.20b |
| Revenue (TTM) | JP¥73.96b |
7.2x
P/E Ratio0.2x
P/S RatioIs 3388 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3388 income statement (TTM) | |
|---|---|
| Revenue | JP¥73.96b |
| Cost of Revenue | JP¥63.08b |
| Gross Profit | JP¥10.88b |
| Other Expenses | JP¥8.69b |
| Earnings | JP¥2.20b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 172.59 |
| Gross Margin | 14.72% |
| Net Profit Margin | 2.97% |
| Debt/Equity Ratio | 0% |
How did 3388 perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield34%
Payout RatioDoes 3388 pay a reliable dividends?
See 3388 dividend history and benchmarks| Meiji Electric IndustriesLtd dividend dates | |
|---|---|
| Ex Dividend Date | Sep 27 2024 |
| Dividend Pay Date | Nov 27 2024 |
| Days until Ex dividend | 52 days |
| Days until Dividend pay date | 113 days |
Does 3388 pay a reliable dividends?
See 3388 dividend history and benchmarks