Meiji Holdings Co Ltd MEJHF
Trading Information
- Previous Close Price
- $20.94
- Day Range
- $20.25–20.25
- 52-Week Range
- $20.25–20.25
- Bid/Ask
- $12.84 / $30.74
- Shares Outstanding
- 271.17M
- Market Cap
- $5.49B
- Volume/Avg
- 350,119 / 349,819
Key Statistics
- Price/Earnings (Normalized)
- 20.27
- Price/Sales
- 0.74
- Dividend Yield (Trailing)
- 3.37%
- Dividend Yield (Forward)
- 3.37%
- Dividend Payment Schedule
- Jun, Dec
- Total Yield
- 6.71%
Company Profile
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan’s largest dairy company, and Meiji Seika, the country’s number-two confectionery maker. A surge in commodity prices, Japan’s aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group’s sales and 70% of profits. The rest 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, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China’s new factories and fierce price competition initiated by Chinese dairymakers.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 23,740
- Website
- https://www.meiji.com
Competitors
Valuation
|
Metric
|
MEJHF
|
02319
|
600887
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.27 | 26.25 | 14.53 |
Price/Book Value | 1.16 | 1.47 | 3.22 |
Price/Sales | 0.74 | 0.73 | 1.46 |
Price/Cash Flow | 9.48 | 7.37 | 9.96 |
Price/Earnings
MEJHF
02319
600887
Financial Strength
|
Metric
|
MEJHF
|
02319
|
600887
|
|---|---|---|---|
Quick Ratio | 0.85 | 0.77 | 0.22 |
Current Ratio | 1.87 | 0.88 | 0.62 |
Interest Coverage | 69.62 | 4.52 | 8.32 |
Quick Ratio
MEJHF
02319
600887
Profitability
|
Metric
|
MEJHF
|
02319
|
600887
|
|---|---|---|---|
Return on Assets (Normalized) | — | 5.19% | 6.31% |
Return on Equity (Normalized) | — | 12.66% | 17.90% |
Return on Invested Capital (Normalized) | — | 6.81% | 7.84% |
Return on Assets
MEJHF
02319
600887
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United States