Canon vs Konica Minolta Which Is More Promising?
Canon and Konica Minolta are two prominent players in the imaging technology industry, known for their high-quality cameras and printers. Both companies have a strong presence in the market, with loyal customer bases and innovative products. Investors looking to add imaging technology stocks to their portfolio may find it challenging to choose between Canon and Konica Minolta. In this comparison, we will analyze the performance, financials, and growth potential of both companies to help investors make an informed decision.
Canon or Konica Minolta?
When comparing Canon and Konica Minolta, 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 Konica Minolta.
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 2.72%, while Konica Minolta has a dividend yield of 0.47%. 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, Konica Minolta reports a 5-year dividend growth of 0.00% year and a payout ratio of 30.35%.
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 16.83 and Konica Minolta's P/E ratio at 92.25. 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 Konica Minolta's P/B ratio is 1.25.
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 Konica Minolta's is -0.45%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canon's ROE at 8.59% and Konica Minolta's ROE at 1.37%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $32.41 for Canon and $8.77 for Konica Minolta. Over the past year, Canon's prices ranged from $24.82 to $35.52, with a yearly change of 43.11%. Konica Minolta's prices fluctuated between $4.87 and $9.30, with a yearly change of 90.97%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.