MODEC (MDIK.Y) Stock Overview

A general contractor, engages in the engineering, procurement, construction, and installation of floating production systems for the offshore oil and gas production industries in Brazil, Guyana, Senegal, Ghana, Ivory Coast, Mexico, and internationally. More details

MDIK.Y fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 9.5% below our estimate of its fair value

Earnings grew by 38.6% over the past year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

MDIK.Y Community Fair Values

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MODEC, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for MODEC
Historical stock prices
Current Share Price	JP¥34.00
52 Week High	JP¥34.00
52 Week Low	JP¥28.71
Beta	0.81
1 Month Change	0%
3 Month Change	12.43%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	12.43%

Recent updates

Shareholder Returns

	MDIK.Y	US Energy Services	US Market
7D	0%	-4.3%	0.8%
1Y	n/a	-25.4%	13.7%

Return vs Industry: Insufficient data to determine how MDIK.Y performed against the US Energy Services industry.

Return vs Market: Insufficient data to determine how MDIK.Y performed against the US Market.

Price Volatility

Is MDIK.Y's price volatile compared to industry and market?
MDIK.Y volatility
MDIK.Y Average Weekly Movement	n/a
Energy Services Industry Average Movement	7.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.2%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MDIK.Y's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine MDIK.Y's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1968	5,962	Hirohiko Miyata	www.modec.com

MODEC, Inc., a general contractor, engages in the engineering, procurement, construction, and installation of floating production systems for the offshore oil and gas production industries in Brazil, Guyana, Senegal, Ghana, Ivory Coast, Mexico, and internationally. The company offers floating production storage and offloading units; floating storage and offloading units; FLNGs; tension leg platforms; production semi-submersibles; mooring systems; floating offshore wind power generation; and other technologies. It also provides operation and maintenance; digital and analytics; innovation; and supply chain services, including supply relationship management and supplier registration services.

MODEC, Inc. Fundamentals Summary

How do MODEC's earnings and revenue compare to its market cap?
MDIK.Y fundamental statistics
Market cap	US$2.94b
Earnings (TTM)	US$213.50m
Revenue (TTM)	US$4.24b

13.9x

P/E Ratio

0.7x

P/S Ratio

Is MDIK.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MDIK.Y income statement (TTM)
Revenue	US$4.24b
Cost of Revenue	US$3.84b
Gross Profit	US$399.86m
Other Expenses	US$186.36m
Earnings	US$213.50m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 07, 2025

Earnings per share (EPS)	3.13
Gross Margin	9.44%
Net Profit Margin	5.04%
Debt/Equity Ratio	40.8%

How did MDIK.Y perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

17%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/22 01:49
End of Day Share Price	2025/05/21 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MODEC, Inc. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kunio Sakaida	Barclays
Takahiro Mori	BofA Global Research
Satoshi Abe	Daiwa Securities Co. Ltd.

MODECOTCPK:MDIK.Y Stock Report