Meiji Holdings Co Ltd ADR MEJHY
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
- $11.36
- Day Range
- $10.95–11.22
- 52-Week Range
- $10.80–14.30
- Bid/Ask
- $9.86 / $14.13
- Market Cap
- $6.26 Bil
- Volume/Avg
- 1,299 / 2,487
Key Statistics
- Price/Earnings (Normalized)
- 14.03
- Price/Sales
- 0.81
- Dividend Yield (Trailing)
- 1.49%
- Dividend Yield (Forward)
- 1.49%
- Total Yield
- 1.49%
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 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.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Stock Style Box
- Mid Value
- Total Number of Employees
- 24,532
- Website
- http://www.meiji.com
Competitors
Valuation
Metric
|
MEJHY
|
02319
|
600887
|
---|---|---|---|
Price/Earnings (Normalized) | 14.03 | 11.07 | 17.90 |
Price/Book Value | 1.19 | 1.35 | 3.40 |
Price/Sales | 0.81 | 0.61 | 1.40 |
Price/Cash Flow | 7.64 | 5.90 | 10.88 |
Price/Earnings
MEJHY
02319
600887
Financial Strength
Metric
|
MEJHY
|
02319
|
600887
|
---|---|---|---|
Quick Ratio | 0.97 | 0.99 | 0.70 |
Current Ratio | 1.72 | 1.20 | 0.99 |
Interest Coverage | 254.03 | 4.34 | 6.62 |
Quick Ratio
MEJHY
02319
600887
Profitability
Metric
|
MEJHY
|
02319
|
600887
|
---|---|---|---|
Return on Assets (Normalized) | 6.38% | 5.00% | 6.81% |
Return on Equity (Normalized) | 10.46% | 14.46% | 18.67% |
Return on Invested Capital (Normalized) | 8.71% | 6.28% | 9.64% |
Return on Assets
MEJHY
02319
600887
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