Is Meiji Electric Industries stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Meiji Electric Industries pays dividends. Last time was Friday 1st of November 2024 where the investors holding the stock on Friday 27th of September 2024 were paid JPY30 per share. Over the last 28 times between 2006 and 2024, Meiji Electric Industries has paid JPY627 with an average of JPY22.39 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Meiji Electric Industries 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was JPY1 331.00, you would have made a profit of JPY120.00 per share or 9.02%
Yes, the average daily trading liquidity for Meiji Electric Industries is JPY47 157 thousand. You should therefore be able to get in and out of your positions relatively fast.
Meiji Electric Industries has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 4.69, the company's ability to pay off the debt is good. The company has a very low net profit margin of 3.25%, which is challenging.
We have calculated the inflation risk for Meiji Electric Industries to be low [0.2 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.