Stock 2269 MEIJI HOLDINGS CO LTD
Add to a list
To use this feature you must be a member
Log inSign up

Financials Meiji Holdings Co Ltd

Equities

2269

JP3918000005

Food Processing

Market Closed - Japan Exchange
Other stock markets
 02:00:00 2024-04-30 am EDT 		5-day change 1st Jan Change
3,525 JPY +0.74% Intraday chart for Meiji Holdings Co Ltd +0.40% +5.26%
Apr. 09 Meiji Holdings Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ended March 31, 2024 CI
Mar. 19 Meiji Seika Pharma Co., Ltd. Announces Positive Results of Phase III Study of Bivalent Version of Kostaive, Self-Amplifying mRNA Vaccine Against Covid-19 CI

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,303,858 1,114,146 1,033,108 930,831 879,554 976,597 - -
Enterprise Value (EV) 1 1,394,887 1,183,464 1,094,555 944,688 880,405 961,197 950,117 937,063
P/E ratio 21.1 x 16.6 x 15.7 x 10.9 x 12.8 x 19.3 x 17.2 x 16.3 x
Yield 1.56% 1.95% 2.25% 2.57% 2.85% 2.73% 2.8% 2.88%
Capitalization / Revenue 1.04 x 0.89 x 0.87 x 0.92 x 0.83 x 0.88 x 0.86 x 0.84 x
EV / Revenue 1.11 x 0.94 x 0.92 x 0.93 x 0.83 x 0.86 x 0.83 x 0.81 x
EV / EBITDA 9.75 x 7.95 x 7.09 x 6.6 x 6.82 x 6.99 x 6.63 x 6.32 x
EV / FCF 30.9 x 25.8 x 18 x 9.46 x 18.3 x 22 x 20.9 x 19.1 x
FCF Yield 3.24% 3.88% 5.54% 10.6% 5.48% 4.54% 4.78% 5.24%
Price to Book 2.47 x 1.98 x 1.66 x 1.38 x 1.24 x 1.31 x 1.28 x 1.23 x
Nbr of stocks (in thousands) 290,068 290,142 290,199 281,643 278,781 279,107 - -
Reference price 2 4,495 3,840 3,560 3,305 3,155 3,499 3,499 3,499
Announcement Date 5/13/19 5/22/20 5/18/21 5/12/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,254,380 1,252,706 1,191,765 1,013,092 1,062,157 1,111,717 1,138,150 1,158,300
EBITDA 1 143,057 148,893 154,487 143,040 129,023 137,417 143,343 148,271
EBIT 1 98,383 102,708 106,061 92,922 75,433 83,417 87,288 91,112
Operating Margin 7.84% 8.2% 8.9% 9.17% 7.1% 7.5% 7.67% 7.87%
Earnings before Tax (EBT) 1 94,586 97,747 103,183 128,455 95,410 79,667 83,700 87,125
Net income 1 61,868 67,313 65,655 87,497 69,424 50,986 56,562 59,375
Net margin 4.93% 5.37% 5.51% 8.64% 6.54% 4.59% 4.97% 5.13%
EPS 2 213.3 232.0 226.3 303.6 247.4 181.4 203.9 214.9
Free Cash Flow 1 45,147 45,886 60,654 99,912 48,225 43,595 45,377 49,140
FCF margin 3.6% 3.66% 5.09% 9.86% 4.54% 3.92% 3.99% 4.24%
FCF Conversion (EBITDA) 31.56% 30.82% 39.26% 69.85% 37.38% 31.72% 31.66% 33.14%
FCF Conversion (Net income) 72.97% 68.17% 92.38% 114.19% 69.46% 85.5% 80.23% 82.76%
Dividend per Share 2 70.00 75.00 80.00 85.00 90.00 95.62 98.12 100.6
Announcement Date 5/13/19 5/22/20 5/18/21 5/12/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 618,077 - 584,976 606,789 264,791 500,712 269,247 243,133 512,380 247,131 270,389 517,520 280,563 264,074 544,637 262,734 283,313 546,047 286,956 271,989 550,900 275,000 286,900 315,700 -
EBITDA - - - - - - - 26,833 - 30,995 38,397 - 35,186 - - - - - - - - - - - -
EBIT 1 47,573 - 50,401 55,660 31,709 50,330 28,680 13,912 - 18,044 25,149 43,193 21,546 10,694 32,240 19,497 24,946 44,443 25,269 13,949 37,400 18,000 20,400 25,900 -
Operating Margin 7.7% - 8.62% 9.17% 11.98% 10.05% 10.65% 5.72% - 7.3% 9.3% 8.35% 7.68% 4.05% 5.92% 7.42% 8.81% 8.14% 8.81% 5.13% 6.79% 6.55% 7.11% 8.2% -
Earnings before Tax (EBT) 47,205 - 47,158 56,025 - 55,241 29,641 - - 23,158 - 48,303 20,698 26,409 47,107 22,630 25,423 48,053 25,977 - - - - - -
Net income 1 31,862 - 28,733 36,922 24,155 36,646 19,537 31,314 - 16,015 17,371 33,386 13,897 22,141 36,038 11,593 16,328 27,921 17,025 9,049 - - - - -
Net margin 5.16% - 4.91% 6.08% 9.12% 7.32% 7.26% 12.88% - 6.48% 6.42% 6.45% 4.95% 8.38% 6.62% 4.41% 5.76% 5.11% 5.93% 3.33% - - - - -
EPS 2 109.8 - 99.02 - 83.22 126.3 67.64 109.7 - 56.86 61.66 118.5 49.60 79.27 128.9 41.59 58.54 100.1 61.00 25.31 - 41.97 48.43 62.41 -
Dividend per Share 2 35.00 40.00 37.50 42.50 40.00 40.00 - - 45.00 - - 42.50 - - 47.50 - 47.50 47.50 - 47.50 - - 47.50 - 47.50
Announcement Date 11/8/19 5/22/20 11/10/20 5/18/21 11/9/21 11/9/21 2/9/22 5/12/22 5/12/22 8/9/22 11/8/22 11/8/22 2/9/23 5/11/23 5/11/23 8/8/23 11/9/23 11/9/23 2/8/24 - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 91,029 69,318 61,447 13,857 851 - - -
Net Cash position 1 - - - - - 15,400 26,480 39,533
Leverage (Debt/EBITDA) 0.6363 x 0.4656 x 0.3977 x 0.0969 x 0.006596 x - - -
Free Cash Flow 1 45,147 45,886 60,654 99,912 48,225 43,595 45,377 49,140
ROE (net income / shareholders' equity) 12.2% 12.4% 11.1% 13.5% 10% 7.24% 7.58% 7.75%
ROA (Net income/ Total Assets) 10.3% 10.3% 10.7% 8.6% 6.58% 4.7% 4.93% 5.2%
Assets 1 599,292 652,380 615,467 1,016,830 1,054,876 1,084,802 1,146,538 1,141,827
Book Value Per Share 2 1,818 1,940 2,141 2,391 2,554 2,671 2,738 2,836
Cash Flow per Share 2 362.0 391.0 393.0 477.0 438.0 345.0 384.0 420.0
Capex 1 71,169 71,129 68,710 95,482 52,531 66,050 73,250 68,250
Capex / Sales 5.67% 5.68% 5.77% 9.42% 4.95% 5.94% 6.44% 5.89%
Announcement Date 5/13/19 5/22/20 5/18/21 5/12/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Meiji Holdings Co Ltd

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
3,499 JPY
Average target price
3,644 JPY
Spread / Average Target
+4.14%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Processing

1st Jan change Capi.
MEIJI HOLDINGS CO LTD Stock Meiji Holdings Co Ltd
+5.26% 6.23B
NESTLÉ S.A. Stock Nestlé S.A.
-4.99% 265B
MONDELEZ INTERNATIONAL, INC. Stock Mondelez International, Inc.
-0.83% 96.62B
KRAFT HEINZ Stock Kraft Heinz
+4.52% 46.98B
GENERAL MILLS, INC. Stock General Mills, Inc.
+7.81% 39.65B
DANONE Stock Danone
+0.17% 40.34B
THE HERSHEY COMPANY Stock The Hershey Company
+3.23% 39.3B
ARCHER-DANIELS-MIDLAND COMPANY Stock Archer-Daniels-Midland Company
-15.97% 30.45B
NESTLÉ INDIA LIMITED Stock Nestlé India Limited
-5.77% 29.01B
ASSOCIATED BRITISH FOODS PLC Stock Associated British Foods plc
+12.76% 24.9B
Other Food Processing
  1. Stock Market
  2. Equities
  3. 2269 Stock
  4. Financials Meiji Holdings Co Ltd