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Meidensha TSE:6508 Stock Report

Last Price

JP¥3.11k

Market Cap

JP¥119.5b

7D

-8.8%

1Y

40.1%

Updated

06 Aug, 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
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends4/6

Meidensha Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meidensha
Historical stock prices
Current Share PriceJP¥3,105.00
52 Week HighJP¥4,340.00
52 Week LowJP¥1,955.00
Beta0.63
11 Month Change-14.23%
3 Month Change-15.16%
1 Year Change40.05%
33 Year Change24.60%
5 Year Change91.08%
Change since IPO-54.34%

Recent News & Updates

The Market Doesn't Like What It Sees From Meidensha Corporation's (TSE:6508) Earnings Yet As Shares Tumble 27%

Aug 06
The Market Doesn't Like What It Sees From Meidensha Corporation's (TSE:6508) Earnings Yet As Shares Tumble 27%

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

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

Recent updates

The Market Doesn't Like What It Sees From Meidensha Corporation's (TSE:6508) Earnings Yet As Shares Tumble 27%

Aug 06
The Market Doesn't Like What It Sees From Meidensha Corporation's (TSE:6508) Earnings Yet As Shares Tumble 27%

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
7D-8.8%-21.9%-18.6%
1Y40.1%-6.0%-3.7%

Return vs Industry: 6508 exceeded the JP Machinery industry which returned -6% over the past year.

Return vs Market: 6508 exceeded the JP Market which returned -3.7% over the past year.

Price Volatility

Is 6508's price volatile compared to industry and market?
6508 volatility
6508 Average Weekly Movement8.1%
Machinery Industry Average Movement5.8%
Market Average Movement5.6%
10% most volatile stocks in JP Market9.0%
10% least volatile stocks in JP Market3.0%

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

Volatility Over Time: 6508's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
18979,810Akio 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¥119.45b
Earnings (TTM)JP¥14.32b
Revenue (TTM)JP¥289.32b

9.8x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6508 income statement (TTM)
RevenueJP¥289.32b
Cost of RevenueJP¥216.88b
Gross ProfitJP¥72.45b
Other ExpensesJP¥58.12b
EarningsJP¥14.32b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)315.74
Gross Margin25.04%
Net Profit Margin4.95%
Debt/Equity Ratio33.3%

How did 6508 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

24%

Payout Ratio

Does 6508 pay a reliable dividends?

See 6508 dividend history and benchmarks
When do you need to buy 6508 by to receive an upcoming dividend?
Meidensha dividend dates
Ex Dividend DateSep 27 2024
Dividend Pay DateDec 02 2024
Days until Ex dividend52 days
Days until Dividend pay date118 days

Does 6508 pay a reliable dividends?

See 6508 dividend history and benchmarks
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