Canon vs GoPro Which Offers More Value?
Canon and GoPro are two well-known companies in the photography and videography industry, each offering a range of products and services for capturing high-quality images and footage. When it comes to their stocks, Canon has a long-standing reputation as a reliable and established brand in the market, with a focus on professional-grade cameras and lenses. On the other hand, GoPro is known for its compact and rugged action cameras that are popular among adventurers and content creators. In this comparison, we will explore the performance and potential of Canon vs GoPro stocks in the competitive market.
Canon or GoPro?
When comparing Canon and GoPro, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Canon and GoPro.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Canon has a dividend yield of 2.69%, while GoPro has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Canon reports a 5-year dividend growth of -9.21% year and a payout ratio of 47.55%. On the other hand, GoPro reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Canon P/E ratio at 16.84 and GoPro's P/E ratio at -0.48. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Canon P/B ratio is 1.39 while GoPro's P/B ratio is 1.04.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Canon has seen a 5-year revenue growth of 0.14%, while GoPro's is -0.20%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canon's ROE at 8.59% and GoPro's ROE at -138.35%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $33.07 for Canon and $1.24 for GoPro. Over the past year, Canon's prices ranged from $24.82 to $35.52, with a yearly change of 43.11%. GoPro's prices fluctuated between $1.12 and $3.80, with a yearly change of 239.29%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.