Canon vs Sony Which Is More Lucrative?

Canon and Sony are two of the leading companies in the digital imaging industry, with both offering a wide range of products including cameras, lenses, and other imaging related accessories. While Canon has long been a dominant player in the camera market, Sony has been rapidly gaining ground with its innovative technology and cutting-edge products. Investors are closely monitoring the performance of both companies' stocks, as they compete for market share and deliver new advancements in digital imaging technology.

Canon or Sony?

When comparing Canon and Sony, 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 Sony.

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 Sony has a dividend yield of 0.56%. 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, Sony reports a 5-year dividend growth of 43.63% year and a payout ratio of 9.28%.

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 Sony's P/E ratio at 18.03. 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 Sony's P/B ratio is 2.63.

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 Sony's is 0.38%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canon's ROE at 8.59% and Sony's ROE at 14.75%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $32.41 for Canon and $21.62 for Sony. Over the past year, Canon's prices ranged from $24.82 to $35.52, with a yearly change of 43.11%. Sony's prices fluctuated between $15.02 and $22.71, with a yearly change of 51.18%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.