Added to YB: 2026-09-21
Pitch date: 2026-09-17
9744.T [neutral]
MEITEC Group Holdings Inc.
-0.12%
current return
Author Info
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Company Info
MEITEC Group Holdings Inc. engages in the engineering solution business in Japan. It operates through Engineering Solutions Business; Engineer introduction business; and Other segments.
Market Cap
JPY 267.8B
Pitch Price
JPY 3.5K
Price Target
N/A
Dividend
5.22%
EV/EBITDA
10.87
P/E
17.51
EV/Sales
1.62
Sector
Professional Services
Category
dividend
Thursday Tailwinds #7: Sep 17, 2026 - MEITEC Group Holdings Inc.
9744.T (quick overview): Meitec turns Japan’s costly permanent-hiring model into a durable engineering-staffing franchise: 98% utilization, scarce supply and client-funded skill development support rising billing rates. Revenue has compounded 5% annually since FY2016 and EPS 7%, with a 100% payout ratio and net cash equal to about 20% of market value. At 15x earnings excluding cash versus TechnoPro’s 23x take-private valuation, the key risk is whether billing rates continue to outpace engineer wages.
Read full article (2 min)