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Canon (CAJPY)
OTHER OTC:CAJPY
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Canon
(OTC:CAJPY)
74Outperform
Canon (CAJPY) vs. S&P 500 (SPY)
Market Cap
$31.12B
Dividend Yield2.55%
Average Volume (3M)54.52K
Price to Earnings (P/E)29.6
Beta (1Y)0.48
Revenue Growth0.09%
EPS Growth-41.70%
CountryUS
Employees180,775
SectorTechnology
Sector Strength45
IndustryHardware & Equipment
Share Statistics
EPS (TTM)1.09
Shares Outstanding1,333,763,000
10 Day Avg. Volume52,350
30 Day Avg. Volume54,518
Financial Highlights & Ratios
PEG Ratio2.56
Price to Book (P/B)N/A
Price to Sales (P/S)1.24
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Canon Business Overview & Revenue Model
Company DescriptionCanon, Inc. engages in the development, manufacture, and sale of office multifunction devices, copying machines, printers, cameras, and lithography equipment. It operates through the following segments: Office Business Unit (BU), Imaging System BU, Medical System BU and Industry and Others BU. The Office BU segment offers MFDs, printers, copying machines for personal and office use, and production print products for print professionals. It also delivers added value to customers through software, services and solutions. The Imaging System BU segment manufactures and markets digital cameras and digital video camcorders, as well as lenses and various related accessories. The Medical System BU segment covers the diagnostic imaging equipment, from CT and MRI systems to ophthalmic and digital radiography equipment. The Industry and Others BU segment offers semiconductor and flat panel display lithography equipment, digital radiography systems, ophthalmic equipment, vacuum thin-film deposition equipment, organic light-emitting diode panel manufacturing equipment, micro motors, computers, handy terminals, and document scanners. The company was founded on August 10, 1937 and is headquartered in Tokyo, Japan.
How the Company Makes MoneyCanon Inc. generates revenue through several key streams. Its primary source is the sale of imaging products, including digital cameras and lenses, which are popular among both amateur and professional photographers. In addition, Canon's office business unit contributes significantly through the sale of printers, multifunction devices, and document management solutions to businesses of all sizes. The company also earns from its medical systems segment, providing diagnostic imaging systems and healthcare IT solutions. Moreover, Canon has a presence in the semiconductor manufacturing sector, supplying lithography equipment. Revenue is further bolstered by service and maintenance contracts, as well as software solutions that enhance the functionality and integration of Canon's hardware products. Strategic partnerships and collaborations, particularly in technological advancements and distribution channels, also play a crucial role in expanding Canon's market reach and driving sales.
Canon Financial Statement Overview
Summary
Canon displays a strong financial performance with stable profitability, sound financial health, and robust cash flow generation. Despite the increase in total debt, the company's solid equity base and cash flow capabilities provide a buffer against financial risks.Income Statement
Canon has shown consistent revenue growth with a notable increase in revenue from 2022 to 2023. Its gross profit margin and net profit margin have remained stable, reflecting strong profitability. The EBIT and EBITDA margins are also healthy, indicating efficient operational management.85
Very Positive
Balance Sheet
Canon maintains a solid balance sheet with a favorable debt-to-equity ratio, indicating manageable leverage. The company's equity ratio is strong, reflecting a stable financial position. However, a gradual increase in total debt over the years poses potential risk if not managed carefully.78
Positive
Cash Flow
Canon's cash flow statement demonstrates a robust operating cash flow with a significant free cash flow growth from 2022 to 2023. The operating cash flow to net income ratio indicates efficient cash generation relative to net income, though the free cash flow to net income ratio could be improved.80
Positive
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.35T | 4.18T | 4.03T | 3.51T | 3.16T | 3.59T | Gross Profit |
| 2.06T | 1.97T | 1.83T | 1.63T | 1.38T | 1.61T | EBIT |
| 397.09B | 375.37B | 353.40B | 281.92B | 110.55B | 174.67B | EBITDA |
| 667.30B | 631.71B | 579.98B | 524.60B | 358.96B | 433.86B | Net Income Common Stockholders |
| 292.51B | 264.51B | 243.96B | 214.72B | 83.32B | 124.96B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 521.60B | 405.14B | 373.01B | 404.77B | 407.75B | 414.58B | Total Assets |
| 4.90T | 5.42T | 5.10T | 4.75T | 4.63T | 4.77T | Total Debt |
| 400.49B | 517.32B | 417.41B | 320.97B | 506.17B | 514.95B | Net Debt |
| -120.16B | 115.99B | 55.31B | -80.42B | 98.49B | 102.13B | Total Liabilities |
| 1.88T | 1.81T | 1.75T | 1.65T | 1.84T | 1.88T | Stockholders Equity |
| 2.83T | 3.35T | 3.11T | 2.87T | 2.58T | 2.69T |
| Cash Flow | Free Cash Flow | ||||
| 284.72B | 220.88B | 74.08B | 273.68B | 169.09B | 142.79B | Operating Cash Flow |
| 539.11B | 451.19B | 262.60B | 451.03B | 333.81B | 358.46B | Investing Cash Flow |
| -329.94B | -275.37B | -180.82B | -207.26B | -155.44B | -228.57B | Financing Cash Flow |
| -187.60B | -156.73B | -146.84B | -267.37B | -183.45B | -232.59B |
Canon Technical Analysis
Negative
31.99
Price Trends
32.74
Negative
32.78
Negative
31.80
Positive
Market Momentum
0.03
Positive
39.03
Neutral
-0.09
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CAJPY, the sentiment is Negative. The current price of 31.99 is below the 20-day moving average (MA) of 33.80, below the 50-day MA of 32.74, and above the 200-day MA of 31.80, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 39.03 is Neutral, neither overbought nor oversold. The STOCH value of -0.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CAJPY.
Canon Risk Analysis
Canon disclosed 20 risk factors in its most recent earnings report. Canon reported the most risks in the “Tech & Innovation” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Canon Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $188.60B | 35.35 | 36.31% | ― | 11.02% | 4.96% | |
74 Outperform | $31.12B | 29.64 | 4.67% | 2.55% | 0.09% | -41.70% | |
67 Neutral | $20.15B | 7.59 | 12.09% | 3.39% | 10.93% | 43.19% | |
61 Neutral | $26.98B | 10.28 | 84.33% | 3.90% | 1.03% | -18.56% | |
58 Neutral | $21.35B | 9.96 | -19.72% | 2.38% | 5.03% | -22.83% | |
43 Neutral | $765.47M | ― | -65.36% | 16.37% | -9.70% | -5576.16% |
* Technology Sector Average
Performance Comparison
CAJPY
Canon
31.99
2.61
8.88%
ADBE
Adobe
438.60
-134.95
-23.53%
HPQ
HP
28.47
-1.24
-4.17%
LOGI
Logitech
90.44
-1.40
-1.52%
XRX
Xerox
6.05
-9.39
-60.82%
HPE
Hewlett Packard Enterprise
15.09
-2.34
-13.43%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.