Modec (6269.T) Stock Price

Modec Price

JPX·CLOSED
51.84
​
Market closed

Revenue at Modec has contracted by 13.9% per year over the past 19 years to 4.19 B USD. Earnings per share have declined at 16.3% per year over the last 19 years. Modec's net margin stands at 5.3%, up from -4.8% several years earlier. Modec currently offers a dividend yield of about 1.54%. The payout ratio is around 0% of earnings. Analysts set a median price target of 100.78 USD, implying 94.4% above the current price. Of 7 analysts, 5 rate the stock a buy — an overall Buy consensus.

Modec stock price

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Modec business model & stock analysis

Modec Inc is a globally leading provider of offshore oil and gas platforms and related services. The company was founded in Japan in 1989 and has since become one of the largest providers of Floating Production Storage and Offloading (FPSO) vessels used in the offshore industry. Modec is headquartered in Tokyo, Japan and has numerous offices in Asia, Africa, Europe, and America. The company employs over 4,500 people worldwide and has built over 30 FPSO vessels for clients around the world in its history. Modec's business model is based on a combination of design, engineering, procurement, construction, and commissioning of FPSO vessels, as well as maintenance, repair, and operational support services. The company offers its customers a complete range of products from design to the management and operation of their offshore platforms. Modec is capable of delivering all phases of an FPSO vessel, including commissioning and maintenance, from a single source. The company works closely with its customers to provide tailored solutions based on their specific requirements. The company is led by an experienced management team from various countries with extensive industry experience. Modec has five different business segments: New Build FPSO, Operating FPSO, Life of Field Services, Engineering Services, and Smart Solutions. This allows the company to cover practically all aspects of the FPSO industry and offer its customers a wide portfolio of products and services. In the New Build FPSO segment, Modec designs and builds FPSO vessels according to customer specifications. The company utilizes state-of-the-art technologies and advanced manufacturing methods to produce high-quality vessels. In the Operating FPSO segment, Modec operates the FPSO vessels it has built. The company takes on the entire operation and management of the platforms, including maintenance, repair, and logistics. In the Life of Field Services segment, Modec offers a comprehensive range of service-related services for offshore platforms. This includes maintenance, repair, inspection, overhaul services, and production support. In the Engineering Services segment, Modec provides engineering and project management services to assist customers in the development of new FPSO projects. The company relies on its extensive expertise and technical knowledge. The Smart Solutions segment is used to work on innovative solutions within the realm of digitalization to provide customers with even more efficient processes. As a company specializing in the FPSO industry, Modec offers a comprehensive range of products, including: - FPSO vessels - Turret moorings - Swivels - Mooring solutions - Floating LNG storage platforms - Individual components and spare parts Overall, Modec has a strong position in the FPSO industry and is well positioned to meet the increasing demands of the market due to its extensive offerings and top-notch performance.

Frequently asked questions about Modec

Modec Inc operates as a leading provider of offshore floating production systems in the oil and gas industry. The company specializes in the design, engineering, construction, installation, and operation of floating production, storage, and offloading (FPSO) vessels. Modec's business model focuses on leasing and operating FPSOs to oil and gas exploration and production companies worldwide. With their extensive expertise and track record, Modec provides reliable and cost-effective solutions for offshore oil and gas development. By consistently delivering high-quality services and innovative technologies, Modec has built a strong reputation as a trusted partner in the global energy industry.

Modec Inc is primarily active in the offshore oil and gas industry.

Some main competitors of Modec Inc in the market include floating production storage and offloading (FPSO) companies such as SBM Offshore, BW Offshore, and Teekay Offshore.

Modec Inc is a renowned Japanese company specializing in the engineering, construction, and operation of floating production storage and offloading (FPSO) vessels. Established in 1968, Modec has amassed an impressive history and track record in the offshore industry. With a commitment to innovation and excellence, Modec has successfully delivered numerous FPSO projects globally. Their expertise in providing versatile and cost-effective solutions has made them a trusted partner for oil and gas companies. Modec Inc's dedication to safety, technology, and customer satisfaction has propelled their growth and positioned them as a leading player in the FPSO sector.

Modec Inc has achieved several significant milestones throughout its history. Notably, the company has established itself as a leading provider of floating production storage and offloading (FPSO) units for the offshore oil and gas industry. Modec Inc has successfully delivered numerous FPSO projects globally, showcasing its expertise and commitment to delivering reliable and efficient solutions. Additionally, the company has been recognized for its technological advancements, safety standards, and contributions to sustainability. Modec Inc's continuous growth, strategic partnerships, and consistent project execution have solidified its position as a trusted and innovative player in the energy sector.

Modec Inc is primarily present in various countries and regions around the world. The company has a global presence, with operations in key locations such as Brazil, Mexico, USA, China, Angola, and Australia. With its extensive reach, Modec Inc has established itself as a leading provider of floating production systems and offshore solutions worldwide.

Modec Inc represents values of safety, creativity, and continuous improvement. With a strong corporate philosophy centered around sustainability and providing reliable offshore solutions, Modec Inc strives to create value for its stakeholders. The company is committed to ensuring the highest level of safety in all operations, employing cutting-edge technology and innovation to develop offshore floating production systems. Modec Inc's corporate philosophy emphasizes teamwork, integrity, and respect, enabling it to build strong relationships with customers and partners. By upholding these values, Modec Inc establishes itself as a trusted leader in the offshore oil and gas industry.

Analysts currently set an average price target of 96.23 USD for the Modec stock (median: 100.78 USD), implying +85.6 % versus the latest price. The consensus is based on 7 analyst ratings.

7 analysts currently rate the Modec stock: 5 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Modec to generate revenue of 4.79 B USD and earnings per share of 5.80 USD.

Converted at the current exchange rate, the Modec share trades at 46.53 EUR (51.84 USD).

The Modec share (6269.T) is listed on 2 stock exchanges, including: Tokio (JPX) (6269.T).

Modec Inc is a global company based in Japan that specializes in the development and manufacturing of environmentally friendly solutions for the energy industry. Its business model includes several sectors, including offshore floating solutions, land stations, electric drives, and energy storage systems. The offshore floating solutions comprise the development, construction, and operation of floating production facilities for oil and gas installed at sea. These solutions offer a cost-effective alternative to traditional offshore platforms, as they enable faster deployment and easier operation. Modec Inc is a global leader in this sector and has successfully completed several hundred projects. The land stations sector involves the development of facilities for the processing and storage of natural gas and liquefied natural gas (LNG). The company provides integrated solutions from planning to commissioning of LNG terminals and facilities. Modec Inc. has extensive experience in this field and has built several such facilities worldwide. Electric drives are also an important sector for Modec Inc. The company is engaged in the field of electric drive technology and develops and manufactures advanced motors and inverter systems. One of the most well-known applications of this technology is the Modec Electric Vehicle, a fully electric delivery van designed for urban traffic. The company also has experience in manufacturing drives for ships and other means of transportation. Energy storage systems are another important component of Modec Inc's business model. The company has developed a solution for storing renewable energy, which is capable of storing and releasing energy from solar panels and wind turbines as needed. The system utilizes lithium-ion batteries, which offer high energy density and fast charging. Another important product line of Modec Inc is the "Life Support System," which is an innovative technology for reducing carbon emissions. The system utilizes hydrogen to filter CO2 from the atmosphere generated during the combustion of fossil fuels. The company is actively working on further developing this technology and has begun introducing it in various industries. Overall, Modec Inc's business model is aimed at creating a more sustainable future by developing and manufacturing environmentally friendly energy systems. The company has built its expertise in various areas and is recognized worldwide as a leading company in floating oil and gas production and electric drive technology.

The expected revenue of Modec is 4.79 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Modec is 396.47 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Modec is currently 8.93. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Modec stock.

The price-to-sales ratio (P/S) of Modec is currently 0.74. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Modec stock.

The Eulerpool Quality Score for Modec is 3/10.

The ISIN of Modec is JP3888250002. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Modec is 6269.T. The ticker symbol is used to trade Modec shares on the stock exchange.

Fair ValueTerminal
50.81 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Energy Equipment & Services
Number of shares
Employees
Revenue per Employee
959,537.25 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website modec.com
Country
Currency
USD
Initial public offering
Jul 2, 2003
ISIN
JP3888250002
Cusip
J4636K109
Sedol
6622806
Market capitalization
3.54 B USDMid Cap
52-Week Range
PEG
12.78
P/E ratio
P/Ee 2025
10.22
P/Ee 2026
8.93
P/Ee 2027
8.41
P/Ee 2028
8.64
P/Ee 2029
9.53
P/S
P/Se
0.81
EV/EBIT
16.59
P/B Ratio
3.00
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
13.00 %
Dividend
Dividend yield
1.54 %
Est. Dividend Yield
3.66 %
Payout Ratio
0.16 %
Dividend growth Ø5Y
-46.90 %
Dividend payments per year
2
Dividend paid since
3 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
15.32 %
Last updated Oct 28, 2026, 3:46 AM

Modec Ticker

JPX · 6269.TOTC · MDIKF

Modec FIGI

6269:JP · BBG000CHPRP46269:JT · BBG000CHPRV76269:JJ · BBG000CHPXF26269:JE · BBG000CHPZC06269:JI · BBG000CHPZQ5MDIKF:US · BBG000PV5J51MDIKF:UV · BBG000PV5QL76269:JU · BBG002QKBL036269:JW · BBG00875GSP76269JPY:X2 · BBG00JVLBDM26269JPY:XB · BBG00JVLBDN16269JPY:XH · BBG00JVLBDQ8

All fundamentals and in-depth analysis of Modec

Our stock analysis for Modec stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Modec. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.