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Meidensha TSE:6508 Stock Report

Last Price

JP¥4.19k

Market Cap

JP¥189.9b

7D

3.8%

1Y

113.7%

Updated

15 Jun, 2024

Data

Company Financials +

6508 Stock Overview

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
Valuation0/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Meidensha Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meidensha
Historical stock prices
Current Share PriceJP¥4,185.00
52 Week HighJP¥4,340.00
52 Week LowJP¥1,942.00
Beta0.65
1 Month Change14.97%
3 Month Change50.43%
1 Year Change113.74%
3 Year Change86.91%
5 Year Change157.22%
Change since IPO-38.46%

Recent News & Updates

Estimating The Fair Value Of Meidensha Corporation (TSE:6508)

Jun 06
Estimating The Fair Value Of Meidensha Corporation (TSE:6508)

Additional Considerations Required While Assessing Meidensha's (TSE:6508) Strong Earnings

May 21
Additional Considerations Required While Assessing Meidensha's (TSE:6508) Strong Earnings

Recent updates

Estimating The Fair Value Of Meidensha Corporation (TSE:6508)

Jun 06
Estimating The Fair Value Of Meidensha Corporation (TSE:6508)

Additional Considerations Required While Assessing Meidensha's (TSE:6508) Strong Earnings

May 21
Additional Considerations Required While Assessing Meidensha's (TSE:6508) Strong Earnings

Here's Why Meidensha (TSE:6508) Can Manage Its Debt Responsibly

May 10
Here's Why Meidensha (TSE:6508) Can Manage Its Debt Responsibly

There's Reason For Concern Over Meidensha Corporation's (TSE:6508) Massive 27% Price Jump

Apr 24
There's Reason For Concern Over Meidensha Corporation's (TSE:6508) Massive 27% Price Jump

Shareholder Returns

6508JP MachineryJP Market
7D3.8%2.0%-0.2%
1Y113.7%15.1%16.8%

Return vs Industry: 6508 exceeded the JP Machinery industry which returned 15.1% over the past year.

Return vs Market: 6508 exceeded the JP Market which returned 16.8% over the past year.

Price Volatility

Is 6508's price volatile compared to industry and market?
6508 volatility
6508 Average Weekly Movement5.7%
Machinery Industry Average Movement4.1%
Market Average Movement4.0%
10% most volatile stocks in JP Market7.5%
10% least volatile stocks in JP Market2.1%

Stable Share Price: 6508's share price has been volatile over the past 3 months.

Volatility Over Time: 6508's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.

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¥189.86b
Earnings (TTM)JP¥11.21b
Revenue (TTM)JP¥287.88b

16.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6508 income statement (TTM)
RevenueJP¥287.88b
Cost of RevenueJP¥218.89b
Gross ProfitJP¥68.99b
Other ExpensesJP¥57.79b
EarningsJP¥11.21b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)246.99
Gross Margin23.97%
Net Profit Margin3.89%
Debt/Equity Ratio42.2%

How did 6508 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

30%

Payout Ratio
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