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

• Market Cap: ¥20.90B
• Dividend Yield: 0.81%
• Average Volume (3M): 38.61K
• Price to Earnings (P/E): 6.2
• Beta (1Y): 0.73
• Revenue Growth: -3.45%
• EPS Growth: -17.51%
• Country: JP
• Employees: 540
• Sector: Industrials
• Sector Strength: 82
• Industry: Integrated Freight & Logistics
• EPS (TTM): 100.63
• Shares Outstanding: 36,000,000
• 10 Day Avg. Volume: 17,300
• 30 Day Avg. Volume: 38,610
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

Meiji Shipping Group Co. Ltd. has shown robust revenue growth and profitability, although high leverage and free cash flow concerns pose risks. The stock displays positive momentum and is attractively valued, making it a potentially appealing investment despite some financial challenges.

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

Company Description

Meiji Shipping Group Co. Ltd. (9115) is a Japan-based company primarily engaged in the shipping industry. The company operates through various segments, including dry bulk shipping, logistics, and real estate. Its core services involve the transportation of goods and commodities across global maritime routes, leveraging a fleet of dry bulk carriers. Additionally, Meiji Shipping Group offers logistics services and manages real estate properties, thereby diversifying its business operations.

How the Company Makes Money

Meiji Shipping Group Co. Ltd. generates revenue primarily through its dry bulk shipping operations. The company earns income by transporting bulk commodities such as coal, iron ore, and grains across international waters. Revenue is typically generated through contracts with clients requiring large-scale transportation services. The logistics segment contributes additional income by providing supply chain solutions, including warehousing and distribution. Furthermore, the company benefits from its real estate segment, which involves the management and leasing of commercial and residential properties. These diversified revenue streams, along with strategic partnerships and global trade activities, significantly contribute to the company's earnings.

Meiji Shipping Group Co. Ltd. Financial Statement Overview

Summary

Meiji Shipping Group Co. Ltd. has demonstrated strong revenue growth and improved profitability margins. However, high leverage poses a potential risk, and the company's ability to generate free cash flow remains a concern. While the company is on a growth trajectory, better management of debt and cash flow is necessary for long-term stability.

Income Statement

The company's revenue has shown a strong upward trajectory, growing from 2021 to TTM 2024. Gross profit margin has increased, indicating improved cost efficiency, while EBIT and EBITDA margins remain robust. However, net profit margin decreased in TTM 2024 due to lower net income. The revenue growth rate has been positive, showcasing the company's growth potential.

Balance Sheet

The debt-to-equity ratio is high, which could indicate potential risk if not managed properly. However, return on equity (ROE) has improved, reflecting better utilization of equity. The equity ratio is moderate, suggesting a balanced approach to financing through debt and equity. The company's total assets have grown significantly, reflecting an expanding asset base.

Cash Flow

The company has struggled with free cash flow, which has been negative in previous years, although it turned positive in 2024. Operating cash flow was strong in 2024, but the lack of data for TTM 2024 limits the analysis. The company’s ability to convert net income into cash needs improvement, as indicated by the operating cash flow to net income ratio.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
65.02B	58.06B	45.82B	40.15B	43.88B
	Gross Profit
16.37B	13.16B	8.47B	6.16B	9.67B
	EBIT
11.40B	8.76B	4.40B	2.08B	5.44B
	EBITDA
34.95B	33.35B	24.26B	17.11B	17.07B
	Net Income Common Stockholders
5.19B	6.44B	3.28B	1.25B	1.72B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
38.31B	27.57B	23.66B	21.12B	19.59B
	Total Assets
276.46B	274.95B	237.57B	205.10B	175.79B
	Total Debt
167.38B	181.19B	173.73B	153.29B	120.75B
	Net Debt
129.69B	153.62B	150.07B	132.18B	101.16B
	Total Liabilities
195.04B	206.51B	190.19B	166.36B	134.48B
	Stockholders Equity
42.77B	35.33B	23.97B	19.07B	17.66B
Cash Flow		Free Cash Flow
18.13B	-2.02B	-17.87B	-36.80B	-7.00B
	Operating Cash Flow
27.95B	26.38B	19.90B	13.14B	14.48B
	Investing Cash Flow
8.49B	-18.42B	-31.48B	-40.57B	-18.37B
	Financing Cash Flow
-24.60B	-5.46B	12.03B	29.47B	7.20B

Meiji Shipping Group Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 614.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 614 is above the 20-day moving average (MA) of 603.90, above the 50-day MA of 606.77, and below the 200-day MA of 665.62, indicating a neutral trend. The MACD of 3.24 indicates Negative momentum. The RSI at 56.35 is Neutral, neither overbought nor oversold. The STOCH value of 58.28 is Neutral, 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
9364	76 Outperform	$328.31B	14.16	6.80%	2.72%	2.11%	6.44%
9301	74 Outperform	€373.77B	11.69	8.09%	3.11%	11.62%	19.32%
9101	71 Outperform	$2.12T	4.49	16.96%	6.28%	9.34%	111.80%
9104	71 Outperform	¥1.69T	3.94	16.68%	6.46%	9.06%	64.14%
9115	71 Outperform	¥20.90B	6.15		0.81%	-3.45%	-17.51%
9107	67 Neutral	$1.21T	4.16	18.65%	4.42%	13.21%	165.36%
Sector *	64 Neutral	$4.30B	11.84	5.23%	249.82%	4.06%	-10.21%