Canon vs Toshiba Which Is More Reliable?
Canon and Toshiba are two prominent companies in the tech industry, each offering a unique portfolio of products and services. Investors often compare the two companies' stocks to determine which may be a better investment opportunity. Both companies have seen fluctuations in their stock prices over the years, influenced by market trends, company performance, and global economic conditions. Understanding the strengths and weaknesses of each company can help investors make informed decisions about where to allocate their capital for potential returns.
Canon or Toshiba?
When comparing Canon and Toshiba, 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 Toshiba.
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 Toshiba 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 0.00% year and a payout ratio of 47.55%. On the other hand, Toshiba reports a 5-year dividend growth of 0.00% year and a payout ratio of -8.20%.
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 17.12 and Toshiba's P/E ratio at -18.29. 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 1.41 while Toshiba's P/B ratio is 0.76.
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 Toshiba's is -1.00%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canon's ROE at 8.59% and Toshiba's ROE at -12.33%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $32.25 for Canon and $14.81 for Toshiba. Over the past year, Canon's prices ranged from $24.53 to $35.52, with a yearly change of 44.80%. Toshiba's prices fluctuated between $14.25 and $16.75, with a yearly change of 17.54%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.