Meitec Corporation Logo

Meitec Corporation

9744.T

(2.2)
Stock Price

3.300,00 JPY

15.13% ROA

29.31% ROE

17.96x PER

Market Cap.

230.244.916.248,00 JPY

0% DER

3.51% Yield

10.78% NPM

Meitec Corporation Stock Analysis

Meitec Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Meitec Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (27.59%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

5 Dividend

The company's track record of consistently paying dividends in the last three years highlights its dedication to providing investors with regular income.

6 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (29.516) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 PBV

The stock's high Price-to-Book Value (P/BV) ratio (5.34x) suggests it's overvalued, potentially making it an expensive investment.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Meitec Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Meitec Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Meitec Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Meitec Corporation Revenue
Year Revenue Growth
2004 79.120.397.000
2005 83.223.638.000 4.93%
2006 82.229.918.000 -1.21%
2007 82.102.305.000 -0.16%
2008 79.898.236.000 -2.76%
2009 53.776.025.000 -48.58%
2010 61.790.447.000 12.97%
2011 66.955.318.000 7.71%
2012 70.330.667.000 4.8%
2013 74.906.020.000 6.11%
2014 82.136.046.000 8.8%
2015 87.888.926.000 6.55%
2016 89.979.069.000 2.32%
2017 93.618.603.000 3.89%
2018 97.736.000.000 4.21%
2019 100.995.000.000 3.23%
2020 96.626.000.000 -4.52%
2021 107.140.000.000 9.81%
2022 119.069.000.000 10.02%
2023 125.004.000.000 4.75%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Meitec Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Meitec Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Meitec Corporation EBITDA
Year EBITDA Growth
2004 13.599.718.000
2005 14.042.407.000 3.15%
2006 12.709.134.000 -10.49%
2007 12.424.884.000 -2.29%
2008 10.549.091.000 -17.78%
2009 1.125.631.000 -837.17%
2010 4.240.412.000 73.45%
2011 6.730.115.000 36.99%
2012 7.759.698.000 13.27%
2013 8.130.581.000 4.56%
2014 13.624.238.000 40.32%
2015 10.319.443.000 -32.02%
2016 11.618.622.000 11.18%
2017 12.011.218.000 3.27%
2018 13.162.000.000 8.74%
2019 13.491.000.000 2.44%
2020 10.792.000.000 -25.01%
2021 13.372.000.000 19.29%
2022 16.877.000.000 20.77%
2023 17.548.000.000 3.82%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Meitec Corporation Gross Profit
Year Gross Profit Growth
2004 24.660.350.000
2005 26.538.513.000 7.08%
2006 24.528.385.000 -8.2%
2007 24.324.969.000 -0.84%
2008 22.720.655.000 -7.06%
2009 7.010.850.000 -224.08%
2010 13.327.569.000 47.4%
2011 17.079.911.000 21.97%
2012 18.691.655.000 8.62%
2013 19.535.246.000 4.32%
2014 21.654.990.000 9.79%
2015 23.227.061.000 6.77%
2016 23.561.752.000 1.42%
2017 24.368.091.000 3.31%
2018 26.035.000.000 6.4%
2019 27.172.000.000 4.18%
2020 24.423.000.000 -11.26%
2021 28.223.000.000 13.46%
2022 32.709.000.000 13.71%
2023 33.872.000.000 3.43%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Meitec Corporation Net Profit
Year Net Profit Growth
2004 4.707.798.000
2005 5.302.182.000 11.21%
2006 295.257.000 -1695.79%
2007 4.958.546.000 94.05%
2008 4.303.568.000 -15.22%
2009 -904.974.000 575.55%
2010 3.937.864.000 122.98%
2011 2.827.479.000 -39.27%
2012 5.993.183.000 52.82%
2013 3.973.792.000 -50.82%
2014 3.659.870.000 -8.58%
2015 8.083.761.000 54.73%
2016 7.937.496.000 -1.84%
2017 8.132.008.000 2.39%
2018 8.829.000.000 7.89%
2019 9.093.000.000 2.9%
2020 7.028.000.000 -29.38%
2021 9.240.000.000 23.94%
2022 12.252.000.000 24.58%
2023 12.448.000.000 1.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Meitec Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 62
2005 46 -32.61%
2006 3 -2200%
2007 48 95.74%
2008 42 -11.9%
2009 -9 566.67%
2010 37 124.32%
2011 28 -32.14%
2012 62 54.84%
2013 43 -47.62%
2014 40 -5%
2015 90 55.06%
2016 91 2.2%
2017 96 4.21%
2018 105 9.52%
2019 109 3.67%
2020 85 -28.24%
2021 114 24.78%
2022 154 26.14%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Meitec Corporation Free Cashflow
Year Free Cashflow Growth
2004 4.501.862.000
2005 8.860.895.000 49.19%
2006 5.081.326.000 -74.38%
2007 6.139.969.000 17.24%
2008 5.105.091.000 -20.27%
2009 -2.061.880.000 347.59%
2010 9.182.813.000 122.45%
2011 5.455.158.000 -68.33%
2012 4.517.841.000 -20.75%
2013 8.484.912.000 46.75%
2014 8.084.978.000 -4.95%
2015 6.499.811.000 -24.39%
2016 9.523.983.000 31.75%
2017 10.575.184.000 9.94%
2018 10.066.000.000 -5.06%
2019 9.406.000.000 -7.02%
2020 5.262.000.000 -78.75%
2021 13.335.000.000 60.54%
2022 12.522.000.000 -6.49%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Meitec Corporation Operating Cashflow
Year Operating Cashflow Growth
2004 5.217.264.000
2005 9.393.947.000 44.46%
2006 6.016.428.000 -56.14%
2007 8.486.503.000 29.11%
2008 6.308.363.000 -34.53%
2009 -1.545.500.000 508.18%
2010 9.291.232.000 116.63%
2011 5.753.131.000 -61.5%
2012 5.205.365.000 -10.52%
2013 8.893.424.000 41.47%
2014 8.434.626.000 -5.44%
2015 6.910.973.000 -22.05%
2016 10.186.894.000 32.16%
2017 10.957.221.000 7.03%
2018 10.273.000.000 -6.66%
2019 9.837.000.000 -4.43%
2020 5.487.000.000 -79.28%
2021 13.532.000.000 59.45%
2022 12.808.000.000 -5.65%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Meitec Corporation Capital Expenditure
Year Capital Expenditure Growth
2004 715.402.000
2005 533.052.000 -34.21%
2006 935.102.000 43%
2007 2.346.534.000 60.15%
2008 1.203.272.000 -95.01%
2009 516.380.000 -133.02%
2010 108.419.000 -376.28%
2011 297.973.000 63.61%
2012 687.524.000 56.66%
2013 408.512.000 -68.3%
2014 349.648.000 -16.84%
2015 411.162.000 14.96%
2016 662.911.000 37.98%
2017 382.037.000 -73.52%
2018 207.000.000 -84.56%
2019 431.000.000 51.97%
2020 225.000.000 -91.56%
2021 197.000.000 -14.21%
2022 286.000.000 31.12%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Meitec Corporation Equity
Year Equity Growth
2004 49.217.984.000
2005 46.668.199.000 -5.46%
2006 38.451.402.000 -21.37%
2007 37.303.288.000 -3.08%
2008 35.864.017.000 -4.01%
2009 33.235.711.000 -7.91%
2010 37.104.907.000 10.43%
2011 37.121.377.000 0.04%
2012 38.360.952.000 3.23%
2013 36.142.537.000 -6.14%
2014 37.516.718.000 3.66%
2015 37.543.676.000 0.07%
2016 37.851.257.000 0.81%
2017 40.139.543.000 5.7%
2018 42.370.000.000 5.26%
2019 44.327.000.000 4.41%
2020 44.473.000.000 0.33%
2021 45.288.000.000 1.8%
2022 46.720.000.000 3.07%
2023 47.589.000.000 1.83%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Meitec Corporation Assets
Year Assets Growth
2004 68.674.883.000
2005 67.185.318.000 -2.22%
2006 57.479.329.000 -16.89%
2007 57.784.830.000 0.53%
2008 54.230.657.000 -6.55%
2009 47.625.229.000 -13.87%
2010 55.549.491.000 14.27%
2011 57.559.026.000 3.49%
2012 58.002.176.000 0.76%
2013 61.445.775.000 5.6%
2014 65.098.321.000 5.61%
2015 64.468.247.000 -0.98%
2016 66.377.219.000 2.88%
2017 70.934.269.000 6.42%
2018 74.615.000.000 4.93%
2019 77.493.000.000 3.71%
2020 75.038.000.000 -3.27%
2021 81.590.000.000 8.03%
2022 84.576.000.000 3.53%
2023 85.665.000.000 1.27%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Meitec Corporation Liabilities
Year Liabilities Growth
2004 19.385.654.000
2005 20.325.532.000 4.62%
2006 18.795.821.000 -8.14%
2007 20.186.297.000 6.89%
2008 18.061.261.000 -11.77%
2009 14.181.972.000 -27.35%
2010 18.207.471.000 22.11%
2011 20.349.688.000 10.53%
2012 19.579.579.000 -3.93%
2013 25.257.207.000 22.48%
2014 27.532.665.000 8.26%
2015 26.862.824.000 -2.49%
2016 28.523.099.000 5.82%
2017 30.794.726.000 7.38%
2018 32.245.000.000 4.5%
2019 33.166.000.000 2.78%
2020 30.565.000.000 -8.51%
2021 36.302.000.000 15.8%
2022 37.856.000.000 4.11%
2023 38.076.000.000 0.58%

Meitec Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1566.56
Net Income per Share
163.45
Price to Earning Ratio
17.96x
Price To Sales Ratio
1.86x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
4.87
EV to Sales
1.45
EV Over EBITDA
10.26
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.06
FreeCashFlow Yield
0
Market Cap
230,24 Bil.
Enterprise Value
179,67 Bil.
Graham Number
1489.39
Graham NetNet
329.71

Income Statement Metrics

Net Income per Share
163.45
Income Quality
0
ROE
0.28
Return On Assets
0.16
Return On Capital Employed
0.29
Net Income per EBT
0.74
EBT Per Ebit
1
Ebit per Revenue
0.15
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.28
Operating Profit Margin
0.15
Pretax Profit Margin
0.15
Net Profit Margin
0.11

Dividends

Dividend Yield
0.04
Dividend Yield %
3.51
Payout Ratio
0
Dividend Per Share
103

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.27
Return on Tangible Assets
0.15
Days Sales Outstanding
52.78
Days Payables Outstanding
0
Days of Inventory on Hand
0.92
Receivables Turnover
6.92
Payables Turnover
0
Inventory Turnover
398.56
Capex per Share
0

Balance Sheet

Cash per Share
641,01
Book Value per Share
603,20
Tangible Book Value per Share
597.48
Shareholders Equity per Share
603.2
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-2.89
Current Ratio
3.37
Tangible Asset Value
47,14 Bil.
Net Current Asset Value
32,17 Bil.
Invested Capital
0
Working Capital
49,40 Bil.
Intangibles to Total Assets
0.01
Average Receivables
18,06 Bil.
Average Payables
0,00 Bil.
Average Inventory
232500000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Meitec Corporation Dividends
Year Dividends Growth
2001 39
2002 43 7.14%
2003 58 26.32%
2004 52 -9.62%
2005 76 31.58%
2006 91 15.56%
2007 83 -9.76%
2008 82 -1.23%
2009 53 -55.77%
2011 57 7.14%
2012 60 5.08%
2013 101 41%
2014 51 -100%
2015 73 31.51%
2016 149 51.01%
2017 158 5.7%
2018 187 15.05%
2019 202 7.92%
2020 184 -9.78%
2021 177 -3.95%
2022 141 -25.53%
2023 103 -36.89%
2024 0 0%

Meitec Corporation Profile

About Meitec Corporation

Meitec Corporation provides dispatch engineering solutions to manufacturing companies in Japan. It offers engineering solutions, including mechanical design, electrical/electronic design, software development, chemical engineering, and analysis/evaluation. The company was formerly known as Nagoya Technical Center Co., Ltd. and changed its name to Meitec Corporation in 1985. Meitec Corporation was founded in 1974 and is headquartered in Tokyo, Japan.

CEO
Mr. Hideyo Kokubun
Employee
12.407
Address
1-1-10 Ueno
Tokyo, 100-0005

Meitec Corporation Executives & BODs

Meitec Corporation Executives & BODs
# Name Age
1 Keiya Iida
Executive Officer, In Charge of Internal Audit Office & The Deputy Supervisor of the CSR Office
70
2 Mr. Hideyo Kokubun
President, Chief Executive Officer, Chief Operating Officer & Representative Director
70
3 Terumi Shikano
Executive officer of the Management Administration Department
70
4 Itakura Mitsutomo
Executive Officer of Group Corporate Communication
70
5 Mr. Masato Uemura
Senior Vice President of Management Strategy & IR and Director
70
6 Toru Yamashita
Executive officer & GM of the Accounting Department
70

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