Meiji Holdings Co Ltd MEJHF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $22.03
- Day Range
- $22.67–22.67
- 52-Week Range
- $22.03–24.20
- Bid/Ask
- $20.85 / $23.04
- Market Cap
- $6.33 Bil
- Volume/Avg
- 272 / 38,920
Key Statistics
- Price/Earnings (Normalized)
- 21.19
- Price/Sales
- 0.83
- Dividend Yield (Trailing)
- 2.77%
- Dividend Yield (Forward)
- 2.73%
- Total Yield
- 2.77%
Company Profile
Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan’s largest dairy company, and Meiji Seika, the country’s number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan’s aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group’s sales and 70% of profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, comprise merely 6.5% of the group sales are in red due to a surge in investment in China’s new factories and fierce price competition initiated by Chinese dairy makers.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Stock Style Box
- Mid Value
- Total Number of Employees
- 24,105
- Website
- http://www.meiji.com
Competitors
Valuation
|
Metric
|
MEJHF
|
02319
|
2267
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.19 | 9.35 | 17.51 |
Price/Book Value | 1.28 | 1.19 | 1.56 |
Price/Sales | 0.83 | 0.52 | 1.76 |
Price/Cash Flow | 7.60 | 6.65 | 10.93 |
Price/Earnings
MEJHF
02319
2267
Financial Strength
|
Metric
|
MEJHF
|
02319
|
2267
|
|---|---|---|---|
Quick Ratio | 0.96 | 0.85 | 2.17 |
Current Ratio | 1.75 | 1.05 | 2.56 |
Interest Coverage | 238.11 | 3.95 | 105.20 |
Quick Ratio
MEJHF
02319
2267
Profitability
|
Metric
|
MEJHF
|
02319
|
2267
|
|---|---|---|---|
Return on Assets (Normalized) | 6.38% | 5.03% | 9.93% |
Return on Equity (Normalized) | 10.34% | 14.54% | 14.77% |
Return on Invested Capital (Normalized) | 8.82% | 6.45% | 10.53% |
Return on Assets
MEJHF
02319
2267
Packaged Foods Industry Comparables
|
1-Day Chart
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