Canon, Inc. American Depositary Shares (CAJ) Company Bio
Canon Inc. manufactures and sells office multifunction devices, plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment. The company was founded in 1933 and is based in Tokyo, Japan.
CAJ Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Canon Inc. To summarize, we found that Canon Inc ranked in the 93th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 2662.5%. In terms of the factors that were most noteworthy in this DCF analysis for CAJ, they are:
Its compound free cash flow growth rate, as measured over the past 3.99 years, is -0.11% -- higher than merely 13.38% of stocks in our DCF forecasting set.
Canon Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 20.24% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 0% of stocks in its sector (Technology).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CAJ, try SCSC, SEDG, ZS, SNX, and IMOS.
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