MIYAJI ENGINEERING GROUP, INC. (3431) AI Stock Analysis

• Market Cap: ¥46.89B
• Dividend Yield: 5.38%
• Average Volume (3M): 59.03K
• Price to Earnings (P/E): 20.0
• Beta (1Y): 0.80
• Revenue Growth: -9.27%
• EPS Growth: -6.86%
• Country: JP
• Employees: 780
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 23.45
• Shares Outstanding: 27,677,816
• 10 Day Avg. Volume: 44,490
• 30 Day Avg. Volume: 59,030
• PEG Ratio: 0.72
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 0.64
• P/FCF Ratio: -9.25
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ¥1,830.00 ▼(-2.66% Downside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is driven primarily by solid underlying profitability trends but tempered by weak and volatile cash flow (including negative operating/free cash flow in 2025) and higher leverage. Technicals are notably bearish with the stock below key moving averages and negative MACD, while the high dividend yield provides some valuation support.

Positive Factors

Improved margins

Margins and underlying profitability improved into 2025, with gross margins around 19% and net margins ~6.5%. Sustained margin expansion increases earnings durability in project cycles, supports reinvestment capacity, and indicates competitive pricing or cost control that benefits medium-term cash generation.

Negative Factors

Weak cash conversion

Cash generation is volatile and 2025 showed negative operating and free cash flow despite higher reported earnings, suggesting working-capital or project timing strains. Persistent weak cash conversion undermines funding for capex, dividends, and debt service, increasing reliance on external financing.

MIYAJI ENGINEERING GROUP, INC. Business Overview & Revenue Model

Company Description

Miyaji Engineering Group,Inc., through its subsidiaries, engages in the construction and civil engineering activities in Japan. The company produces, erects, installs, maintains, and repairs bridges, steel frames, and other steel structures; desig...

Read more

Miyaji Engineering Group,Inc., through its subsidiaries, engages in the construction and civil engineering activities in Japan. The company produces, erects, installs, maintains, and repairs bridges, steel frames, and other steel structures; desig...

How the Company Makes Money

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MIYAJI ENGINEERING GROUP, INC. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	73.77B	74.72B	69.36B	60.28B	58.00B	55.27B
Gross Profit	14.54B	14.20B	12.83B	9.05B	9.24B	8.83B
EBITDA	10.79B	10.45B	8.86B	6.15B	6.91B	6.51B
Net Income	5.06B	4.86B	4.35B	3.08B	3.41B	3.81B
Balance Sheet
Total Assets	77.97B	90.60B	74.15B	64.11B	62.78B	61.59B
Cash, Cash Equivalents and Short-Term Investments	6.52B	16.50B	19.11B	13.62B	15.98B	8.52B
Total Debt	1.80B	8.07B	389.00M	155.00M	441.67M	3.01B
Total Liabilities	30.57B	42.26B	27.53B	22.54B	23.69B	26.58B
Stockholders Equity	40.21B	40.48B	39.70B	35.51B	33.38B	30.15B
Cash Flow
Free Cash Flow	0.00	-5.16B	7.06B	-615.00M	10.84B	-1.54B
Operating Cash Flow	0.00	-2.65B	8.84B	495.00M	11.92B	1.09B
Investing Cash Flow	0.00	-2.46B	-1.54B	-711.00M	-1.19B	-2.59B
Financing Cash Flow	0.00	2.50B	-1.80B	-2.15B	-3.27B	-1.74B

MIYAJI ENGINEERING GROUP, INC. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1880.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3431, the sentiment is Negative. The current price of 1880 is above the 20-day moving average (MA) of 1727.56, above the 50-day MA of 1800.09, and above the 200-day MA of 1859.02, indicating a bearish trend. The MACD of -16.86 indicates Negative momentum. The RSI at 41.21 is Neutral, neither overbought nor oversold. The STOCH value of 17.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3431.

MIYAJI ENGINEERING GROUP, INC. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1810	79 Outperform	¥50.02B	6.41	―	3.97%	2.85%	317.62%
1827	73 Outperform	¥48.60B	7.92	―	1.96%	2.55%	-14.37%
1786	70 Outperform	¥50.08B	18.57	―	3.53%	-2.95%	-35.66%
1967	67 Neutral	¥48.62B	11.76	―	2.19%	5.45%	86.27%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
3431	63 Neutral	¥46.89B	20.04	―	5.38%	-9.27%	-6.86%
1887	50 Neutral	¥47.75B	8.96	1.27%	3.81%	-4.92%	―

MIYAJI ENGINEERING GROUP, INC. Corporate Events