Manufacturing Equipment and Services

Meiko Electronics Co., Ltd.

6787

Meiko Electronics Co., Ltd. reported strong fiscal 2025 results with net sales of ¥206.8 billion, primarily from its PCB business. For fiscal 2026, the company projects net sales to rise to ¥320 billion, driven by increased demand for PCBs and electronic equipment. Operating income is expected to reach ¥38 billion, with net income forecasted at ¥27 billion. Analysts rate the stock as a Buy with a price target of ¥11,700. The company focuses on manufacturing printed circuit boards and electronic equipment, serving technology and industrial sectors.

Tip Ranks

Meiko Electronics Projects Strong Growth in FY2026 on PCB and Equipment Demand

Meiko Electronics (TSE:6787) plans to establish a US$50 million PCB manufacturing subsidiary in Vietnam, reflecting a significant shift in market sentiment with a 90-day share price return of 181.99%. Currently trading at a P/E of 43.7x, above the industry average of 16.7x, raises questions about its valuation. While earnings forecasts suggest growth, the high P/E indicates potential overvaluation. A DCF analysis shows shares trading 31.6% below estimated future cash flow value, suggesting mixed signals on valuation. Investors are advised to assess risks and opportunities before making decisions.

Simplywall

Assessing Meiko Electronics (TSE:6787) Valuation After New US$50 Million Vietnam Subsidiary Plan

4668

Meiko Electronics, a Japanese PCB manufacturer, will invest $50 million to establish a new subsidiary, Meiko Electronics Yen Quang, in Vietnam. This investment aims to meet the growing demand from customers for supply chain localization in the ASEAN region. The new manufacturing plant, located in Phu Tho province, is expected to be operational by April 25, 2026. Meiko has been investing in Vietnam since 2006, with total investments projected to reach $1 billion.

TechNode

Meiko Network Japan Co., Ltd.

Japan’s Meiko Electronics to further invest $50M in Vietnam

002487

Global markets are facing volatility due to geopolitical tensions and inflation, prompting investors to seek undervalued stocks. A list of top 10 undervalued stocks based on cash flows includes XTPL, STI, Star7, and others, all showing significant discounts to their fair values. Notable picks include Dajin Heavy Industry, Meiko Electronics, and ASE Technology Holding, each demonstrating strong growth potential despite market challenges. The article emphasizes the importance of strong fundamentals and resilience in stock selection during uncertain times, while also providing insights into the financial health of these companies.

Meiko Electronics Co., Ltd.(6787.JP)

Meiko Electronics Projects Strong Growth in FY2026 on PCB and Equipment Demand

Assessing Meiko Electronics (TSE:6787) Valuation After New US$50 Million Vietnam Subsidiary Plan

Japan’s Meiko Electronics to further invest $50M in Vietnam

Global's March 2026 Stock Selections For Potential Value Opportunities