Meiko Electronics Co., Ltd. (6787) AI Stock Analysis

• Market Cap: ¥147.70B
• Dividend Yield: 1.53%
• Average Volume (3M): 159.32K
• Price to Earnings (P/E): 10.1
• Beta (1Y): 1.71
• Revenue Growth: 12.60%
• EPS Growth: 77.38%
• Country: JP
• Employees: 11,912
• Sector: Technology
• Sector Strength: 76
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 89.10
• Shares Outstanding: 26,803,320
• 10 Day Avg. Volume: 190,740
• 30 Day Avg. Volume: 159,320
• PEG Ratio: 0.33
• Price to Book (P/B): 1.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥10,400.00
• Price Target Upside: 81.18% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: ―

Meiko Electronics presents a solid financial foundation with strong revenue growth and operational efficiency. However, technical indicators point to a bearish trend, and cash flow management needs improvement. The stock appears undervalued, providing potential upside if operational improvements continue and market sentiment shifts positively.

Meiko Electronics Co., Ltd. Business Overview & Revenue Model

Company Description

Meiko Electronics Co., Ltd. (6787) is a Japan-based company that specializes in the manufacturing and sale of printed circuit boards (PCBs) and related products. The company operates primarily in the electronics sector, providing essential components for various applications in industries such as automotive, telecommunications, and consumer electronics. Meiko Electronics is known for its advanced technologies and commitment to quality, which enable it to serve a global customer base with innovative solutions.

How the Company Makes Money

Meiko Electronics Co., Ltd. generates revenue primarily through the design, production, and sale of printed circuit boards (PCBs). The company offers a diverse range of PCB products, including multilayer boards, high-density interconnect (HDI) boards, and other specialized electronic components. Key revenue streams include sales to major industries such as automotive, telecommunications, and consumer electronics, where the demand for sophisticated electronic components is high. The company also benefits from strategic partnerships and collaborations with prominent global electronics manufacturers, enhancing its market reach and reinforcing its revenue base. Additionally, Meiko continuously invests in research and development to maintain its competitive edge and address the evolving needs of its clients, further driving its financial performance.

Meiko Electronics Co., Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
197.68B	179.46B	167.28B	151.28B	119.26B	115.48B
	Gross Profit
37.85B	31.39B	26.02B	27.39B	17.52B	16.75B
	EBIT
17.97B	11.66B	9.57B	13.26B	6.66B	5.19B
	EBITDA
27.86B	26.85B	21.83B	21.29B	13.82B	10.56B
	Net Income Common Stockholders
16.19B	11.31B	8.85B	11.45B	4.64B	2.59B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
32.31B	21.60B	17.58B	10.70B	12.37B	13.89B
	Total Assets
268.26B	229.96B	202.39B	168.33B	142.04B	129.24B
	Total Debt
94.39B	79.26B	75.79B	67.00B	68.31B	67.20B
	Net Debt
62.08B	57.66B	58.21B	56.30B	55.94B	53.31B
	Total Liabilities
148.30B	124.50B	117.92B	109.64B	101.43B	96.76B
	Stockholders Equity
112.64B	98.18B	77.32B	58.49B	40.42B	32.29B
Cash Flow		Free Cash Flow
0.00	1.68B	-3.39B	2.00B	-2.10B	-2.51B
	Operating Cash Flow
0.00	23.36B	15.71B	13.97B	7.85B	11.24B
	Investing Cash Flow
0.00	-21.59B	-29.04B	-11.79B	-9.49B	-14.94B
	Financing Cash Flow
0.00	681.00M	19.96B	-4.73B	-618.00M	6.25B

Meiko Electronics Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5740.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6787, the sentiment is Negative. The current price of 5740 is below the 20-day moving average (MA) of 6284.50, below the 50-day MA of 6371.59, and below the 200-day MA of 7016.45, indicating a bearish trend. The MACD of -85.71 indicates Positive momentum. The RSI at 40.19 is Neutral, neither overbought nor oversold. The STOCH value of 1.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6787.

Meiko Electronics Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6788	79 Outperform	¥32.46B	14.28	9.60%	3.16%	7.96%	6.27%
6787	69 Neutral	¥147.70B	10.08		1.53%	12.60%	77.38%
6976	64 Neutral	¥294.88B	125.77		3.78%	6.77%	33087.95%
Sector *	61 Neutral	$11.29B	10.07	-7.05%	2.96%	7.47%	-10.75%
6800	60 Neutral	¥27.97B	12.56		4.00%	9.14%	―

Meiko Electronics Co., Ltd. Corporate Events

Meiko Electronics Plans to Enhance Share Liquidity

Meiko Electronics Co., Ltd. has announced its intention to reduce its investment unit to less than 500,000 yen to improve share liquidity and attract a broader range of investors. The company will consider various factors such as market trends and corporate value before implementing specific measures, although no specific actions like stock splits have been determined yet.

Meiko Electronics Strengthens Financial Base with Syndicated Loan Agreement

Meiko Electronics Co., Ltd. has announced the execution of a syndicated loan agreement to refinance an existing loan and increase its commitment line, with Sumitomo Mitsui Banking Corporation as the arranger. This financial move aims to solidify the company’s financial foundation amid ongoing business expansion, enhancing its funding capacity to support future growth. The impact on the current fiscal year’s consolidated business results is expected to be negligible.

Meiko Electronics Reports Strong Financial Growth for Nine Months Ending December 2024

Meiko Electronics Co., Ltd. reported a significant increase in its consolidated financial results for the nine months ending December 31, 2024, with net sales rising by 13.6% year-on-year. The company also saw substantial growth in operating and ordinary profits, indicating an overall robust performance. This financial strength is likely to enhance its market position and provide positive implications for stakeholders, as the firm maintains its dividend forecast and projects further growth by the fiscal year’s end.

Meiko Electronics Announces Executive Officer Change

Meiko Electronics Co., Ltd. announced a significant leadership change effective April 1, 2025, appointing Yasuyuki Katagiri as the new Managing Executive Officer. This strategic move could enhance operational efficiency and strengthen the company’s position in the competitive electronics manufacturing sector.