Tamron vs Canon Which Is More Lucrative?

Tamron and Canon are two renowned brands in the world of photography, known for their high-quality camera equipment and accessories. Both companies offer a wide range of products, including lenses, cameras, and other imaging devices. While Canon has been a trusted name in the industry for decades, Tamron has gained popularity in recent years for its innovative technologies and competitive pricing. In this comparison, we will delve into the strengths and weaknesses of Tamron and Canon stocks to help you make an informed decision when investing in photography equipment.

Tamron or Canon?

When comparing Tamron and Canon, 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 Tamron and Canon.

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. Tamron has a dividend yield of 4.04%, while Canon has a dividend yield of 2.69%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Tamron reports a 5-year dividend growth of 23.16% year and a payout ratio of 0.00%. On the other hand, Canon reports a 5-year dividend growth of -9.21% year and a payout ratio of 47.55%.

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 Tamron P/E ratio at 11.46 and Canon's P/E ratio at 16.84. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Tamron P/B ratio is 2.24 while Canon's P/B ratio is 1.39.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Tamron has seen a 5-year revenue growth of -0.29%, while Canon's is 0.14%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Tamron's ROE at 20.30% and Canon's ROE at 8.59%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are ¥4165.00 for Tamron and $33.07 for Canon. Over the past year, Tamron's prices ranged from ¥2427.50 to ¥4880.00, with a yearly change of 101.03%. Canon's prices fluctuated between $24.82 and $35.52, with a yearly change of 43.11%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.