Melco Holdings Inc., through its subsidiaries, develops, manufactures, and sells digital home appliances and PC peripherals in Japan and internationally. More Details
Excellent balance sheet with proven track record.
Share Price & News
How has Melco Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6676 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 6676's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6676 exceeded the JP Tech industry which returned 34.6% over the past year.
Return vs Market: 6676 exceeded the JP Market which returned 34% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Melco Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Melco Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6676 (¥4200) is trading above our estimate of fair value (¥3880.55)
Significantly Below Fair Value: 6676 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6676 is good value based on its PE Ratio (10.4x) compared to the JP Tech industry average (18.6x).
PE vs Market: 6676 is good value based on its PE Ratio (10.4x) compared to the JP market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6676's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6676's PB Ratio (1.3x) is in line with the JP Tech industry average.
How is Melco Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Melco Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Melco Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6676 has high quality earnings.
Growing Profit Margin: 6676's current net profit margins (5.1%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: 6676's earnings have declined by 1.3% per year over the past 5 years.
Accelerating Growth: 6676's earnings growth over the past year (111.1%) exceeds its 5-year average (-1.3% per year).
Earnings vs Industry: 6676 earnings growth over the past year (111.1%) exceeded the Tech industry 14.3%.
Return on Equity
High ROE: 6676's Return on Equity (12.7%) is considered low.
How is Melco Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 6676's short term assets (¥67.8B) exceed its short term liabilities (¥29.2B).
Long Term Liabilities: 6676's short term assets (¥67.8B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 6676's debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6676's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6676's debt is well covered by operating cash flow (605.7%).
Interest Coverage: 6676 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Melco Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6676's dividend (1.9%) is higher than the bottom 25% of dividend payers in the JP market (1.25%).
High Dividend: 6676's dividend (1.9%) is low compared to the top 25% of dividend payers in the JP market (2.86%).
Stability and Growth of Payments
Stable Dividend: 6676's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6676's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.4%), 6676's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Hiroyuki Maki (40 yo)
Mr. Hiroyuki Maki serves as the President and Director at Melco Holdings Inc. Mr. Maki served as a Senior Managing Officer, Managing Officer and Executive Officer of Shimizu Corp. He serves as the Presiden...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Melco Holdings Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Melco Holdings Inc.
- Ticker: 6676
- Exchange: TSE
- Founded: 1975
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: JP¥64.932b
- Shares outstanding: 15.91m
- Website: https://www.melcoinc.com
Number of Employees
- Melco Holdings Inc.
- Pacific Century Place Marunouchi
- 1-11-1 Marunouchi
Melco Holdings Inc., through its subsidiaries, develops, manufactures, and sells digital home appliances and PC peripherals in Japan and internationally. The company offers various network products, such a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 08:07|
|End of Day Share Price||2021/05/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.