Meiji Shipping Group Co. Ltd. (9115) AI Stock Analysis

• Market Cap: ¥26.20B
• Dividend Yield: 0.64%
• Average Volume (3M): 66.81K
• Price to Earnings (P/E): 5.5
• Beta (1Y): 0.75
• Revenue Growth: 2.23%
• EPS Growth: 0.81%
• Country: JP
• Employees: 540
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 85.33
• Shares Outstanding: 36,000,000
• 10 Day Avg. Volume: 54,500
• 30 Day Avg. Volume: 66,813
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥814.00
• Price Target Upside: 5.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 81 Outperform
• Price Target: ¥814.00 ▲(5.58% Upside)

The overall stock score of 81 reflects strong financial performance and attractive valuation. The company's robust revenue growth and operational efficiency are significant strengths, while the positive technical indicators support a bullish outlook. The high debt levels on the balance sheet warrant monitoring, but the low P/E ratio and dividend yield enhance the stock's appeal.

Meiji Shipping Group Co. Ltd. Business Overview & Revenue Model

Company Description

Meiji Shipping Co., Ltd., through its subsidiaries, operates as a shipping company in Japan and internationally. The company operates through three segments: International Shipping Business, Hotel-Related Business, and Real Estate Leasing Business. It owns crude and product oil tankers, as well as LNG and LPG, car, chip, and bulk carriers that are operated primarily under time charter parties with shipping companies. The company offers shipping, ship management, and related transaction services; construction supervision, remodeling and inspection, and related services; and business planning, ship finance, and commercial management services. It is also involved in manning and training of seafarers; providing IT related solutions for vessels; marketing of marine equipment and parts; and building operation and management, as well as the operation of nursery schools. In addition, the company sells machinery for ships and ports; rents housing; develops office buildings; offers tugboat, non-life and cancer insurance agency, forwarding, and catering services; and operates hotels, resorts, Chinese and Japanese restaurants, and a golf course. Meiji Shipping Co., Ltd. was founded in 1911 and is headquartered in Kobe, Japan.

How the Company Makes Money

Meiji Shipping Group Co. Ltd. generates revenue primarily through its shipping and logistics operations. The company earns money by transporting goods across international waters, involving time charters, voyage charters, and other shipping contracts. It operates a fleet of vessels that it either owns or charters, thus providing shipping solutions to various industries such as oil and gas, bulk commodities, and consumer goods. Additionally, the company engages in ship management services, offering maintenance, crew management, and operational services to third-party ship owners. Another significant revenue stream comes from its real estate operations, where the company invests in and leases commercial and residential properties. Strategic partnerships and joint ventures, particularly in the logistics and shipping sectors, further enhance its earnings potential by expanding service offerings and market reach.

Meiji Shipping Group Co. Ltd. Financial Statement Overview

Summary

Meiji Shipping Group Co. Ltd. demonstrates robust growth and operational efficiency, with a strong revenue trajectory and improving profit margins. While the balance sheet is generally solid, the high debt levels require careful monitoring. Cash flow analysis shows effective cash management, although past periods of negative free cash flow suggest the need for continued focus on liquidity.

Income Statement

The company shows strong revenue growth with a consistent upward trajectory in total revenue over recent years. Gross and net profit margins have been improving, indicating operational efficiency. However, the net income has seen some decline in the latest period, which could be a point of concern.

Balance Sheet

The balance sheet reflects a stable equity base with a reasonable debt-to-equity ratio, though the high level of debt is noteworthy. The return on equity is healthy, and the equity ratio suggests a solid financial structure, but the leverage should be monitored.

Cash Flow

Cash flow from operations is robust, showing a strong ability to generate cash, which is critical for sustaining operations. Free cash flow has improved significantly, indicating better capital management. The ratio of operating cash flow to net income suggests efficient cash conversion, though previous negative free cash flow raises caution.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	67.54B	67.54B	65.02B	58.06B	45.82B	40.15B
Gross Profit	16.40B	16.40B	16.37B	13.16B	8.47B	6.16B
EBITDA	30.63B	30.63B	34.95B	33.35B	24.26B	17.11B
Net Income	2.81B	2.81B	5.19B	6.44B	3.28B	1.25B
Balance Sheet
Total Assets	293.28B	293.28B	276.46B	274.95B	237.57B	205.10B
Cash, Cash Equivalents and Short-Term Investments	48.22B	48.22B	38.31B	27.57B	23.66B	21.12B
Total Debt	165.70B	165.70B	167.38B	181.19B	173.73B	153.29B
Total Liabilities	202.06B	202.06B	195.04B	206.51B	190.19B	166.36B
Stockholders Equity	47.76B	47.76B	42.77B	35.33B	23.97B	19.07B
Cash Flow
Free Cash Flow	0.00	20.93B	18.13B	-2.02B	-17.87B	-36.80B
Operating Cash Flow	0.00	30.20B	27.95B	26.38B	19.90B	13.14B
Investing Cash Flow	0.00	-6.75B	8.49B	-18.42B	-31.48B	-40.57B
Financing Cash Flow	0.00	-13.51B	-24.60B	-5.46B	12.03B	29.47B

Meiji Shipping Group Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 771.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9115, the sentiment is Positive. The current price of 771 is above the 20-day moving average (MA) of 737.20, above the 50-day MA of 700.56, and above the 200-day MA of 659.50, indicating a bullish trend. The MACD of 21.29 indicates Negative momentum. The RSI at 69.59 is Neutral, neither overbought nor oversold. The STOCH value of 85.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9115.

Meiji Shipping Group Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9115	81 Outperform	¥26.20B	5.48	―	0.64%	2.23%	0.81%
9068	79 Outperform	¥147.68B	14.31	7.54%	2.47%	2.94%	2.46%
9066	77 Outperform	¥118.49B	18.89	12.56%	2.48%	8.81%	-42.49%
9302	68 Neutral	¥318.89B	30.79	8.70%	1.14%	10.96%	-8.63%
9303	68 Neutral	¥243.68B	12.46	7.54%	3.21%	5.69%	65.59%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%