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A look at a High Market Cap Stock: Canon Inc., CAJ

Canon Inc., CAJ is in the exchange NYSE and its industry is Business Equipment in the sector of Consumer Goods. Based in Japan, Canon Inc., CAJ  has a market cap of 38394.98. Since its IPO date on the 3/17/1980, Canon Inc., CAJ performance year to date is -5.58%. Today Canon Inc., CAJ has gained 0.21%, with a current price of 28.45.

Ownership of the company is *TBA for insider ownership while institutional ownership is 1.60%. The management of the company have seen the company have a payout ratio of 82.10%. Return of assets are at 4.40%, with return on investment at 8.10%.

In terms of debt levels and profit levels, Canon Inc., CAJ is seeing a long-term debt/equity of 0. While Total debt/equity is 0.23. With a profit margin of 5.50%, this is combined with a gross margin of 50.40%, and operating margin of 8.10%. Canon Inc. ability to meet debt levels, with a current ratio of 1.3, while the quick ratio is 1.

For the last year Canon Inc., CAJ has seen a EPS growth of -12.00%. A performance for the year of -6.66%. The 52-week high is -10.98%, and the 52-week low is 6.95%. The average volume for Canon Inc., CAJ is 186100.

With a target price of 28.57, can Canon Inc., CAJ reach this target? Looking at the value indicators of Canon Inc., CAJ. Canon Inc. has a P/E of 15.65 and a forward P/E of 15.61. Perhaps the more useful indicator than P/E, is PEG which has a value of 5.22. Canon Inc. also has a P/S and a P/B of 1.06 and 1.16 respectively. For P/cash, Canon Inc. has a value of 6.52, while it is 42.29 for P/free cash flow.

At the current price of 28.45, Canon Inc. has a dividend yield of 4.67%. We see a return on equity of 7.00%.

Looking more long-term Canon Inc., is projected to get an EPS growth for the next five years of 3.00%. In the short-term an EPS growth of 13.23% in the next year is forecasted. This is after a EPS growth of -12.00% for this year and for the last five years a 0.20% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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