PINX: MEJHF
- Last Close 24.20
- Sector Consumer Defensive
- Industry Packaged Foods
- Investment Style Large Value
- Day Range 24.20 – 24.20
- Year Range 23.04 – 26.34
- Market Cap 6.7465 Bil
- Volume / Avg 15,300.0 / 8,039.8
- Price / Sales 0.92
- Price / Book 1.33
- Forward Div Yield 2.90%
- Trailing Div Yield 371.90%
Morningstar‘s Stock Analysis MEJHF
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.
Company Profile MEJHF
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 profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.
Related Articles MEJHF
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of MEJHF’s competitive advantage.
Meiji Holdings Co Ltd
PINX: MEJHF
| Inner Mongolia Yili Industrial Group Co Ltd Class A
XSHG: 600887
| China Mengniu Dairy Co Ltd
XHKG: 02319
| Yakult Honsha Co Ltd
XTKS: 2267
| |
Price
| 24.20 | 29.84 | 30.05 | 9,199.00 |
Currency
| USD | CNY | HKD | JPY |
Change
| +$0.40 (1.66%) | +$0.23 (0.78%) | −$0.30 (0.99%) | +$70.00 (0.77%) |
Market Cap
| 6.75 Bil | 189.97 Bil | 118.65 Bil | 1.44 Tril |
Industry
| Packaged Foods | Packaged Foods | Packaged Foods | Beverages - Non-Alcoholic |
Sector
|
Consumer Defensive
|
Consumer Defensive
|
Consumer Defensive
|
Consumer Defensive
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Meiji Holdings Co Ltd Stock
Yes. MEJHF has a forward dividend yield of 2.90%.
See
MEJHF’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
MEJHF’s market cap is 6.75 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
MEJHF’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
MEJHF’s price/sales is 0.87.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
MEJHF’s price/forward earnings is 11.53.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
MEJHF’s price/book is 1.25.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See MEJHF’s valuation ratios compared to the Market Index.
MEJHF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare MEJHF’s historical performance against its industry peers and the overall market.