Obayashi stock
1802.TJPXObayashi Corporation, IndustrialsISIN JP3190000004
68Score 68 out of 100, Neutral
Price and trend
59 / 100
Price history
+12% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 5.9% below it.
Since July 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 67).
The price is 28% below its 52-week high. Largest decline in 20 years: 67% (February 2007 to November 2009).
Chart figures for advanced users
- SMA 50$18.81
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$21.30
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)67
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$16.27
- The lowest closing price of the last twelve months.
- Resistance$27.73
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Obayashi Corporation belongs to the Engineering & Construction industry (Japan) and, with a market value of $13.78B, is number 22 of 110 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $16.24B (down 1.3% year on year) and earnings of $1.09B (up 19%).
- For fiscal 2027, analysts expect on average revenue of $18.62B (up 14.6%) and adjusted earnings per share of $1.50 (down 5.4%).
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- MEQIRI Score 68 out of 100 (Neutral): rank 260 of 1023 in Industrials, median 61.
- The P/E is 11.3 (Engineering & Construction median 12.6, own median of recent years 9.2).
- Our model puts fair value at $28.42, with the price 31% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Below fair valuePrice 31% below the fair value of $28.42.Valuation 77
- Consistently profitableProfit in all 10 fiscal years from 2017 to 2026.Fundamentals 73
- More cash than debtCash $2.93B, financial debt $2.23B.Stability 80
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are stability and valuation.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 67 to 68.
Fundamentals are strong, with stable profits.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $21.86 and expensive above $40.60 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $34.38 (cash-flow model) and $22.46 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 6.7%. At 7.7% the fair value would be $25.62, at 5.7% it would be $32.44.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (12.6).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 4.5% on the twelve months before. Revenue has stayed largely stable since 2007.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 14%, operating 8%, net 7%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 13 Nov 2026tomorrow
- Last reported
- 7 Aug 2026EPS reported $0.36 (expected $0.15)above expectations
Analyst estimates
Earnings estimates have barely changed since 28 Oct 2026.
- Earnings per share
- $1.500.0%
- Revenue
- $18.62B0.0%
- Earnings per share
- $1.510.0%
- Revenue
- $19.53B0.0%
MEQIRI has stored the estimates since 28 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Obayashi
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
1023 rated companies in Industrials
- This company
- 68
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Engineering & Construction
The next larger and next smaller companies by market value
- China Energy Engineering601868.SS $15.12B36
- China Communications Construction601800.SS $14.74B39
- StrabagSTR.VI $14.16B79
- Kajima1812.T $13.84B56
- AccionaANA.MC $13.06B52
- Taisei1801.T $12.21B63
- SkanskaSKA-B.ST $12.11B59
- EiffageFGR.PA $11.75B63
ETFs that hold Obayashi
Held by 97 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| UBS MSCI Japan Socially Responsible UCITS ETF JPY disFRCJ | 0.91% | 0.19% | €523.43M |
| UBS MSCI Pacific Socially Responsible UCITS ETF USD accUSUP | 0.68% | 0.28% | €751.57M |
| Amundi MSCI Japan ESG Broad Transition UCITS ETF EUR AccJ1GR | 0.49% | 0.15% | €1.31B |
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| Xtrackers MSCI Japan ESG UCITS ETF 1CXZMJ | 0.49% | 0.20% | €2.69B |
| Deka MSCI Japan Climate Change ESG UCITS ETFEL45 | 0.36% | 0.26% | €162.3M |
| WisdomTree Japan Equity UCITS ETF USD HedgedWTDX | 0.31% | 0.48% | €796.64M |
| Xtrackers MSCI Japan Screened UCITS ETF 3C EUR HedgedXDNE | 0.26% | 0.25% | €453.13M |
| Amundi MSCI Pacific ESG Broad Transition UCITS ETF DistX014 | 0.26% | 0.45% | €175.23M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = ¥159.23)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 30 Nov 2022)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.