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Meidensha TSE:6508 Stock Report

Last Price

JP¥3.32k

Market Cap

JP¥150.2b

7D

2.5%

1Y

84.0%

Updated

19 Apr, 2024

Data

Company Financials +

6508 Stock Overview

Meidensha Corporation engages in the power infrastructure; public, industrial, and commercial sector; mobility and electrical components; field service engineering; and real estate businesses in Japan and internationally.

6508 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends2/6

Meidensha Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meidensha
Historical stock prices
Current Share PriceJP¥3,315.00
52 Week HighJP¥3,365.00
52 Week LowJP¥1,784.00
Beta0.67
1 Month Change18.48%
3 Month Change29.85%
1 Year Change83.96%
3 Year Change39.70%
5 Year Change109.54%
Change since IPO-51.25%

Recent News & Updates

Recent updates

Shareholder Returns

6508JP MachineryJP Market
7D2.5%-3.0%-2.6%
1Y84.0%31.7%28.4%

Return vs Industry: 6508 exceeded the JP Machinery industry which returned 31.7% over the past year.

Return vs Market: 6508 exceeded the JP Market which returned 28.4% over the past year.

Price Volatility

Is 6508's price volatile compared to industry and market?
6508 volatility
6508 Average Weekly Movement5.1%
Machinery Industry Average Movement3.9%
Market Average Movement4.0%
10% most volatile stocks in JP Market8.2%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 6508 has not had significant price volatility in the past 3 months.

Volatility Over Time: 6508's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18979,816Akio Inouewww.meidensha.com

Meidensha Corporation engages in the power infrastructure; public, industrial, and commercial sector; mobility and electrical components; field service engineering; and real estate businesses in Japan and internationally. The company provides vacuum circuit breaker and interrupter; high-voltage switchgear; transformer; mobile station; zinc oxide blocks; surge arresters; turbine and engine generators; biomass power generation system; and photovoltaic and hydroelectric power systems. It offers AC and DC power feeding system for railways; regenerative power recovery system; overhead catenary system and inspection system; high precision static overhead catenary system; pantograph monitoring system; power control systems; and wireless remote monitoring systems.

Meidensha Corporation Fundamentals Summary

How do Meidensha's earnings and revenue compare to its market cap?
6508 fundamental statistics
Market capJP¥150.17b
Earnings (TTM)JP¥11.35b
Revenue (TTM)JP¥286.49b

13.2x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6508 income statement (TTM)
RevenueJP¥286.49b
Cost of RevenueJP¥218.23b
Gross ProfitJP¥68.26b
Other ExpensesJP¥56.91b
EarningsJP¥11.35b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 10, 2024

Earnings per share (EPS)250.20
Gross Margin23.83%
Net Profit Margin3.96%
Debt/Equity Ratio50.0%

How did 6508 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

19%

Payout Ratio
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