tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MIDAC HOLDINGS Focuses on Capital Efficiency and Growth

Story Highlights
MIDAC HOLDINGS Focuses on Capital Efficiency and Growth

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from MIDAC HOLDINGS CO. LTD. ( (JP:6564) ) is now available.

MIDAC HOLDINGS CO., LTD. has announced a strategic focus on managing its cost of capital and stock price, with a commitment to improving its market evaluation and profitability. The company has seen significant improvements in ROE and profitability due to increased waste contracts, leading to record-high net sales and profits. Looking ahead, MIDAC plans to enhance its business growth potential through efficient capital use and stakeholder engagement, while maintaining ROE as a key indicator, despite an expected medium to long-term decline due to retained earnings and new facility investments.

More about MIDAC HOLDINGS CO. LTD.

MIDAC HOLDINGS CO., LTD. operates in the waste management industry, focusing on waste treatment services. The company is known for its Controlled landfill site, ‘Okuyama-No-Mori Clean Center,’ and has been actively investing in growth to build a foundation for accelerating its operations.

Average Trading Volume: 74,968

Technical Sentiment Signal: Buy

Current Market Cap: Yen54.36B

See more insights into 6564 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1