YONEX vs ASICS Which Is More Promising?
YONEX and ASICS are two well-known sports equipment companies competing in the global market. YONEX specializes in producing badminton, tennis, and golf equipment, while ASICS is renowned for its high-quality athletic footwear and apparel. Both companies have experienced fluctuating stock prices in recent years due to changes in consumer preferences, economic conditions, and market competition. Investors often compare the financial performances of YONEX and ASICS stocks to make informed decisions about their investment portfolios.
YONEX or ASICS?
When comparing YONEX and ASICS, 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 YONEX and ASICS.
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.
YONEX has a dividend yield of 0.58%, while ASICS has a dividend yield of 0.01%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. YONEX reports a 5-year dividend growth of 12.47% year and a payout ratio of 0.00%. On the other hand, ASICS 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 YONEX P/E ratio at 19.22 and ASICS's P/E ratio at 41.76. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. YONEX P/B ratio is 2.79 while ASICS's P/B ratio is 8.80.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, YONEX has seen a 5-year revenue growth of 0.93%, while ASICS's is -0.62%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with YONEX's ROE at 15.29% and ASICS's ROE at 23.36%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ¥2021.00 for YONEX and $19.92 for ASICS. Over the past year, YONEX's prices ranged from ¥1062.00 to ¥2367.00, with a yearly change of 122.88%. ASICS's prices fluctuated between $7.26 and $22.00, with a yearly change of 202.93%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.