<h3>關鍵洞察</h3>
<ul>
<li>Meidensha 的估計公允價值為 7,573 日元，基於兩階段自由現金流折現模型</li>
<li>根據當前股價 5,620 日元，Meidensha 估計被低估 26%</li>
<li>6508 的分析師目標價 6,942 日元比我們的公允價值估計低 8.3%</li>
</ul>
<p>今天我們將通過一種方式來估算 Meidensha Corporation (TSE:6508) 的內在價值，即預測其未來現金流並將其折現到今天的價值。實現這一目標的一種方法是採用折現現金流（DCF）模型。信不信由你，這並不難理解，正如我們示例中所展示的那樣！</p>
<p>我們要提醒的是，評估公司的方法有很多種，像 DCF 一樣，每種技術在某些情況下都有其優缺點。如果你想了解更多關於折現現金流的信息，可以在 Simply Wall St 的分析模型中詳細閲讀其計算原理。</p>
<p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
<h2>Meidensha 是否被合理估值？</h2>
<p>我們將使用兩階段 DCF 模型，顧名思義，它考慮了兩個階段的增長。第一階段通常是一個較高的增長期，隨後趨於穩定，進入第二個 “穩定增長” 期。首先，我們需要估算未來十年的現金流。在可能的情況下，我們使用分析師的估計，但當這些不可用時，我們會從上一個估計或報告值中推算出之前的自由現金流（FCF）。我們假設自由現金流減少的公司會減緩其縮減速度，而自由現金流增長的公司在此期間會看到其增長速度放緩。我們這樣做是為了反映出早期的增長往往比後期的增長放緩得更快。</p>
<p>通常我們假設今天的一美元比未來的一美元更有價值，因此我們需要將這些未來現金流的總和折現，以得出現值估計：</p>
<h4>10 年自由現金流（FCF）估算</h4>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>槓桿自由現金流 (¥, 百萬)</strong></td>
<td>58.8 億日元</td>
<td>43.1 億日元</td>
<td>40.7 億日元</td>
<td>143 億日元</td>
<td>180 億日元</td>
<td>207 億日元</td>
<td>229 億日元</td>
<td>246 億日元</td>
<td>260 億日元</td>
<td>271 億日元</td>
</tr>
<tr>
<td><strong>增長率估算來源</strong></td>
<td>分析師 x2</td>
<td>分析師 x2</td>
<td>分析師 x2</td>
<td>分析師 x2</td>
<td>分析師 x2</td>
<td>估算 @ 14.98%</td>
<td>估算 @ 10.66%</td>
<td>估算 @ 7.64%</td>
<td>估算 @ 5.53%</td>
<td>估算 @ 4.05%</td>
</tr>
<tr>
<td><strong>現值 (¥, 百萬) 按 6.7% 折現</strong></td>
<td>55 億日元</td>
<td>38 億日元</td>
<td>34 億日元</td>
<td>110 億日元</td>
<td>130 億日元</td>
<td>140 億日元</td>
<td>146 億日元</td>
<td>147 億日元</td>
<td>145 億日元</td>
<td>142 億日元</td>
</tr>
</tbody>
</table>
<p><em>(&#34;Est&#34; = Simply Wall St 估算的 FCF 增長率)</em></p>
<p><strong>10 年現金流現值 (PVCF)</strong> = 1,090 億日元</p>
<p>第二階段也稱為終值，這是業務在第一階段後的現金流。使用戈登增長公式計算終值，未來年增長率等於 10 年期政府債券收益率的 5 年平均值 0.6%。我們以 6.7% 的股本成本將終端現金流折現到今天的價值。</p>
<p><strong>終值 (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = 270 億日元 × (1 + 0.6%) ÷ (6.7%– 0.6%) = 4,480 億日元</p>
<p><strong>終值現值 (PVTV)</strong> = TV / (1 + r) 10= 4,480 億日元 ÷ ( 1 + 6.7%) 10= 2,350 億日元</p>
<p>總價值或股權價值是未來現金流現值的總和，在這種情況下為 3,440 億日元。在最後一步中，我們將股權價值除以流通股數。與當前股價 5,600 日元相比，該公司在當前股價交易的基礎上似乎被低估了 26%。不過，估值是一種不精確的工具，就像望遠鏡一樣——移動幾個度就會進入不同的星系。請記住這一點。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/874354-dcf-1-dark-2/1765063571233?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/874354-dcf-1-dark-2/1765063571233"/></p>
<p>TSE:6508 折現現金流 2025 年 12 月 6 日</p>
<h2>重要假設</h2>
<p>我們要指出，折現現金流最重要的輸入是折現率和實際現金流。當然，投資的一部分是對公司未來表現的自我評估，因此請嘗試自己進行計算並檢查自己的假設。DCF 也沒有考慮行業的週期性或公司的未來資本需求，因此它並不能全面反映公司的潛在表現。鑑於我們將 Meidensha 視為潛在股東，折現率使用股本成本，而不是資本成本（或加權平均資本成本，WACC），後者考慮了債務。在此計算中，我們使用了 6.7%，這是基於 1.157 的槓桿貝塔。貝塔是衡量股票相對於整體市場波動性的指標。我們從全球可比公司的行業平均貝塔中獲得我們的貝塔，並在 0.8 到 2.0 之間施加限制，這是一個適合穩定企業的合理範圍。</p>
<p>查看我們對 Meidensha 的最新分析</p>
<h3>Meidensha 的 SWOT 分析</h3>
<p><strong>優勢</strong></p>
<ul>
<li>過去一年的盈利增長超過了行業水平。</li>
</ul>
<ul>
<li>債務不被視為風險。</li>
</ul>
<ul>
<li>股息由盈利和現金流覆蓋。</li>
</ul>
<p>6508 的股息信息。</p>
<p><strong>劣勢</strong></p>
<ul>
<li>與機械行業前 25% 的股息支付者相比，股息較低。</li>
</ul>
<p><strong>機會</strong></p>
<ul>
<li>年收入預計將比日本市場增長更快。</li>
</ul>
<ul>
<li>基於市盈率和估計公允價值，具有良好的價值。</li>
</ul>
<p><strong>威脅</strong></p>
<ul>
<li>年盈利預計將比日本市場增長更慢。</li>
</ul>
<p>分析師對 6508 還有什麼其他預測？</p>
<h2>下一步：</h2>
<p>儘管重要，但 DCF 計算不應是您研究公司時唯一關注的指標。DCF 模型並不是投資估值的唯一標準。最好是應用不同的案例和假設，看看它們如何影響公司的估值。例如，如果終值增長率稍作調整，可能會顯著改變整體結果。為什麼股價會低於內在價值？對於 Meidensha，我們整理了您應該關注的三個額外事項：</p>
<ol>
<li><strong>風險</strong>：例如，我們發現了 <strong>Meidensha 的 2 個警告信號</strong>（其中一個不容忽視！），您在投資前應瞭解這些。</li>
<li><strong>未來收益</strong>：6508 的增長率與其同行和更廣泛市場相比如何？通過與我們的免費分析師增長預期圖表互動，深入挖掘未來幾年的分析師共識數字。</li>
<li><strong>其他高質量替代品</strong>：您喜歡全能型股票嗎？探索我們互動式的高質量股票列表，瞭解您可能錯過的其他投資機會！</li>
</ol>
<p>PS. Simply Wall St 應用程序每天對 TSE 上的每隻股票進行折現現金流估值。如果您想查找其他股票的計算，只需在此搜索。</p>

6508

<p>美電社（Meidensha Corporation，東京證券交易所代碼：6508）的股票估計低於其內在價值 26%，公允價值為 7,573 日元，而當前價格為 5,620 日元。該分析使用了兩階段折現現金流（DCF）模型，預測未來現金流並將其折現至現值。總股權價值計算為 3440 億日元，表明被低估。重要假設包括折現率為 6.7% 和槓桿貝塔值為 1.157</p>

<h3>Key Insights</h3>
<div class="lb-trans"><h3>關鍵洞察</h3>
</div><ul>
<li>Meidensha's estimated fair value is JP¥7,573 based on 2 Stage Free Cash Flow to Equity</li>
<li>Meidensha is estimated to be 26% undervalued based on current share price of JP¥5,620</li>
<li>The JP¥6,942 analyst price target for 6508 is 8.3% less than our estimate of fair value</li>
</ul>
<div class="lb-trans"><ul>
<li>Meidensha 的估計公允價值為 7,573 日元，基於兩階段自由現金流折現模型</li>
<li>根據當前股價 5,620 日元，Meidensha 估計被低估 26%</li>
<li>6508 的分析師目標價 6,942 日元比我們的公允價值估計低 8.3%</li>
</ul>
</div><p>Today we will run through one way of estimating the intrinsic value of Meidensha Corporation (TSE:6508) by projecting its future cash flows and then discounting them to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example!</p>
<div class="lb-trans"><p>今天我們將通過一種方式來估算 Meidensha Corporation (TSE:6508) 的內在價值，即預測其未來現金流並將其折現到今天的價值。實現這一目標的一種方法是採用折現現金流（DCF）模型。信不信由你，這並不難理解，正如我們示例中所展示的那樣！</p>
</div><p>We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.</p>
<div class="lb-trans"><p>我們要提醒的是，評估公司的方法有很多種，像 DCF 一樣，每種技術在某些情況下都有其優缺點。如果你想了解更多關於折現現金流的信息，可以在 Simply Wall St 的分析模型中詳細閲讀其計算原理。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
</div><h2>Is Meidensha Fairly Valued?</h2>
<div class="lb-trans"><h2>Meidensha 是否被合理估值？</h2>
</div><p>We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.</p>
<div class="lb-trans"><p>我們將使用兩階段 DCF 模型，顧名思義，它考慮了兩個階段的增長。第一階段通常是一個較高的增長期，隨後趨於穩定，進入第二個 “穩定增長” 期。首先，我們需要估算未來十年的現金流。在可能的情況下，我們使用分析師的估計，但當這些不可用時，我們會從上一個估計或報告值中推算出之前的自由現金流（FCF）。我們假設自由現金流減少的公司會減緩其縮減速度，而自由現金流增長的公司在此期間會看到其增長速度放緩。我們這樣做是為了反映出早期的增長往往比後期的增長放緩得更快。</p>
</div><p>Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate:</p>
<div class="lb-trans"><p>通常我們假設今天的一美元比未來的一美元更有價值，因此我們需要將這些未來現金流的總和折現，以得出現值估計：</p>
</div><h4>10-year free cash flow (FCF) estimate</h4>
<div class="lb-trans"><h4>10 年自由現金流（FCF）估算</h4>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>Levered FCF (¥, Millions)</strong></td>
<td>JP¥5.88b</td>
<td>JP¥4.31b</td>
<td>JP¥4.07b</td>
<td>JP¥14.3b</td>
<td>JP¥18.0b</td>
<td>JP¥20.7b</td>
<td>JP¥22.9b</td>
<td>JP¥24.6b</td>
<td>JP¥26.0b</td>
<td>JP¥27.1b</td>
</tr>
<tr>
<td><strong>Growth Rate Estimate Source</strong></td>
<td>Analyst x2</td>
<td>Analyst x2</td>
<td>Analyst x2</td>
<td>Analyst x2</td>
<td>Analyst x2</td>
<td>Est @ 14.98%</td>
<td>Est @ 10.66%</td>
<td>Est @ 7.64%</td>
<td>Est @ 5.53%</td>
<td>Est @ 4.05%</td>
</tr>
<tr>
<td><strong>Present Value (¥, Millions) Discounted @ 6.7%</strong></td>
<td>JP¥5.5k</td>
<td>JP¥3.8k</td>
<td>JP¥3.4k</td>
<td>JP¥11.0k</td>
<td>JP¥13.0k</td>
<td>JP¥14.0k</td>
<td>JP¥14.6k</td>
<td>JP¥14.7k</td>
<td>JP¥14.5k</td>
<td>JP¥14.2k</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>槓桿自由現金流 (¥, 百萬)</strong></td>
<td>58.8 億日元</td>
<td>43.1 億日元</td>
<td>40.7 億日元</td>
<td>143 億日元</td>
<td>180 億日元</td>
<td>207 億日元</td>
<td>229 億日元</td>
<td>246 億日元</td>
<td>260 億日元</td>
<td>271 億日元</td>
</tr>
<tr>
<td><strong>增長率估算來源</strong></td>
<td>分析師 x2</td>
<td>分析師 x2</td>
<td>分析師 x2</td>
<td>分析師 x2</td>
<td>分析師 x2</td>
<td>估算 @ 14.98%</td>
<td>估算 @ 10.66%</td>
<td>估算 @ 7.64%</td>
<td>估算 @ 5.53%</td>
<td>估算 @ 4.05%</td>
</tr>
<tr>
<td><strong>現值 (¥, 百萬) 按 6.7% 折現</strong></td>
<td>55 億日元</td>
<td>38 億日元</td>
<td>34 億日元</td>
<td>110 億日元</td>
<td>130 億日元</td>
<td>140 億日元</td>
<td>146 億日元</td>
<td>147 億日元</td>
<td>145 億日元</td>
<td>142 億日元</td>
</tr>
</tbody>
</table>
</div><p><em>(&#34;Est&#34; = FCF growth rate estimated by Simply Wall St)</em></p>
<div class="lb-trans"><p><em>(&#34;Est&#34; = Simply Wall St 估算的 FCF 增長率)</em></p>
</div><p><strong>Present Value of 10-year Cash Flow (PVCF)</strong> = JP¥109b</p>
<div class="lb-trans"><p><strong>10 年現金流現值 (PVCF)</strong> = 1,090 億日元</p>
</div><p>The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 0.6%. We discount the terminal cash flows to today's value at a cost of equity of 6.7%.</p>
<div class="lb-trans"><p>第二階段也稱為終值，這是業務在第一階段後的現金流。使用戈登增長公式計算終值，未來年增長率等於 10 年期政府債券收益率的 5 年平均值 0.6%。我們以 6.7% 的股本成本將終端現金流折現到今天的價值。</p>
</div><p><strong>Terminal Value (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = JP¥27b× (1 + 0.6%) ÷ (6.7%– 0.6%) = JP¥448b</p>
<div class="lb-trans"><p><strong>終值 (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = 270 億日元 × (1 + 0.6%) ÷ (6.7%– 0.6%) = 4,480 億日元</p>
</div><p><strong>Present Value of Terminal Value (PVTV)</strong> = TV / (1 + r) 10= JP¥448b÷ ( 1 + 6.7%) 10= JP¥235b</p>
<div class="lb-trans"><p><strong>終值現值 (PVTV)</strong> = TV / (1 + r) 10= 4,480 億日元 ÷ ( 1 + 6.7%) 10= 2,350 億日元</p>
</div><p>The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is JP¥344b. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of JP¥5.6k, the company appears a touch undervalued at a 26% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind.</p>
<div class="lb-trans"><p>總價值或股權價值是未來現金流現值的總和，在這種情況下為 3,440 億日元。在最後一步中，我們將股權價值除以流通股數。與當前股價 5,600 日元相比，該公司在當前股價交易的基礎上似乎被低估了 26%。不過，估值是一種不精確的工具，就像望遠鏡一樣——移動幾個度就會進入不同的星系。請記住這一點。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/874354-dcf-1-dark-2/1765063571233" alt="" original-src="https://images.simplywall.st/asset/chart/874354-dcf-1-dark-2/1765063571233"/></p>
<p>TSE:6508 Discounted Cash Flow December 6th 2025</p>
<div class="lb-trans"><p>TSE:6508 折現現金流 2025 年 12 月 6 日</p>
</div><h2>Important Assumptions</h2>
<div class="lb-trans"><h2>重要假設</h2>
</div><p>We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Meidensha as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.7%, which is based on a levered beta of 1.157. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.</p>
<div class="lb-trans"><p>我們要指出，折現現金流最重要的輸入是折現率和實際現金流。當然，投資的一部分是對公司未來表現的自我評估，因此請嘗試自己進行計算並檢查自己的假設。DCF 也沒有考慮行業的週期性或公司的未來資本需求，因此它並不能全面反映公司的潛在表現。鑑於我們將 Meidensha 視為潛在股東，折現率使用股本成本，而不是資本成本（或加權平均資本成本，WACC），後者考慮了債務。在此計算中，我們使用了 6.7%，這是基於 1.157 的槓桿貝塔。貝塔是衡量股票相對於整體市場波動性的指標。我們從全球可比公司的行業平均貝塔中獲得我們的貝塔，並在 0.8 到 2.0 之間施加限制，這是一個適合穩定企業的合理範圍。</p>
</div><p>Check out our latest analysis for Meidensha</p>
<div class="lb-trans"><p>查看我們對 Meidensha 的最新分析</p>
</div><h3>SWOT Analysis for Meidensha</h3>
<div class="lb-trans"><h3>Meidensha 的 SWOT 分析</h3>
</div><p><strong>Strength</strong></p>
<div class="lb-trans"><p><strong>優勢</strong></p>
</div><ul>
<li>Earnings growth over the past year exceeded the industry.</li>
</ul>
<div class="lb-trans"><ul>
<li>過去一年的盈利增長超過了行業水平。</li>
</ul>
</div><ul>
<li>Debt is not viewed as a risk.</li>
</ul>
<div class="lb-trans"><ul>
<li>債務不被視為風險。</li>
</ul>
</div><ul>
<li>Dividends are covered by earnings and cash flows.</li>
</ul>
<div class="lb-trans"><ul>
<li>股息由盈利和現金流覆蓋。</li>
</ul>
</div><p>Dividend information for 6508.</p>
<div class="lb-trans"><p>6508 的股息信息。</p>
</div><p><strong>Weakness</strong></p>
<div class="lb-trans"><p><strong>劣勢</strong></p>
</div><ul>
<li>Dividend is low compared to the top 25% of dividend payers in the Machinery market.</li>
</ul>
<div class="lb-trans"><ul>
<li>與機械行業前 25% 的股息支付者相比，股息較低。</li>
</ul>
</div><p><strong>Opportunity</strong></p>
<div class="lb-trans"><p><strong>機會</strong></p>
</div><ul>
<li>Annual revenue is forecast to grow faster than the Japanese market.</li>
</ul>
<div class="lb-trans"><ul>
<li>年收入預計將比日本市場增長更快。</li>
</ul>
</div><ul>
<li>Good value based on P/E ratio and estimated fair value.</li>
</ul>
<div class="lb-trans"><ul>
<li>基於市盈率和估計公允價值，具有良好的價值。</li>
</ul>
</div><p><strong>Threat</strong></p>
<div class="lb-trans"><p><strong>威脅</strong></p>
</div><ul>
<li>Annual earnings are forecast to grow slower than the Japanese market.</li>
</ul>
<div class="lb-trans"><ul>
<li>年盈利預計將比日本市場增長更慢。</li>
</ul>
</div><p>What else are analysts forecasting for 6508?</p>
<div class="lb-trans"><p>分析師對 6508 還有什麼其他預測？</p>
</div><h2>Next Steps:</h2>
<div class="lb-trans"><h2>下一步：</h2>
</div><p>Whilst important, the DCF calculation shouldn't be the only metric you look at when researching a company. DCF models are not the be-all and end-all of investment valuation. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. What is the reason for the share price sitting below the intrinsic value? For Meidensha, we've compiled three further items you should look at:</p>
<div class="lb-trans"><p>儘管重要，但 DCF 計算不應是您研究公司時唯一關注的指標。DCF 模型並不是投資估值的唯一標準。最好是應用不同的案例和假設，看看它們如何影響公司的估值。例如，如果終值增長率稍作調整，可能會顯著改變整體結果。為什麼股價會低於內在價值？對於 Meidensha，我們整理了您應該關注的三個額外事項：</p>
</div><ol>
<li><strong>Risks</strong>: For example, we've discovered <strong>2 warning signs for Meidensha</strong> (1 shouldn't be ignored!) that you should be aware of before investing here.</li>
<li><strong>Future Earnings</strong>: How does 6508's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.</li>
<li><strong>Other High Quality Alternatives</strong>: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing!</li>
</ol>
<div class="lb-trans"><ol>
<li><strong>風險</strong>：例如，我們發現了 <strong>Meidensha 的 2 個警告信號</strong>（其中一個不容忽視！），您在投資前應瞭解這些。</li>
<li><strong>未來收益</strong>：6508 的增長率與其同行和更廣泛市場相比如何？通過與我們的免費分析師增長預期圖表互動，深入挖掘未來幾年的分析師共識數字。</li>
<li><strong>其他高質量替代品</strong>：您喜歡全能型股票嗎？探索我們互動式的高質量股票列表，瞭解您可能錯過的其他投資機會！</li>
</ol>
</div><p>PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the TSE every day. If you want to find the calculation for other stocks just search here.</p>
<div class="lb-trans"><p>PS. Simply Wall St 應用程序每天對 TSE 上的每隻股票進行折現現金流估值。如果您想查找其他股票的計算，只需在此搜索。</p>
</div>

Meidensha Corporation（東京證券交易所代碼：6508）的股票可能低於其內在價值估計 26%