Canon Stock Today

CAJ
 Stock
  

USD 22.83  0.53  2.27%   

Market Performance
0 of 100
Odds Of Distress
Less than 8
Canon Inc is trading at 22.83 as of the 1st of December 2022. This is a -2.27 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 22.83. Canon Inc has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Canon Inc ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of December 2020 and ending today, the 1st of December 2022. Click here to learn more.
CUSIP
138006309
Fiscal Year End
December
Business Domain
Technology Hardware & Equipment
IPO Date
1st of May 1949
Category
Technology
Classification
Information Technology
Canon Inc., together with its subsidiaries, manufactures and sells office multifunction devices , plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan. The company has 1.02 B outstanding shares of which 803.34 K shares are currently shorted by investors with about 1.81 days to cover. More on Canon Inc ADR

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Canon Inc Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canon Inc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canon Inc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Latest headline from news.google.com: Canon Inc significantly cuts emissions target, holding back Japans net zero commitments, new analysis reveals - Eco-Business
ChairmanFujio Mitarai
Thematic IdeaComputers (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Canon Inc report their recommendations after researching Canon Inc's financial statements, talking to executives and customers, or listening in on Canon Inc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Canon Inc ADR. The Canon consensus assessment is calculated by taking the average forecast from all of the analysts covering Canon Inc.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Canon Inc ADR based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Canon Inc ADR financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average SharesBB
Fairly Down
Decreasing
Slightly volatile
Return on Average Assets0.04310.045
Sufficiently Down
Decreasing
Slightly volatile
Net Cash Flow from Operations429.5 B451 B
Notably Down
Decreasing
Slightly volatile
Current Liabilities1127 B1060.8 B
Notably Up
Increasing
Slightly volatile
Total Liabilities1799.6 B1652.5 B
Significantly Up
Increasing
Slightly volatile
Gross Margin0.440.463
Notably Down
Decreasing
Slightly volatile
Total Debt295.3 B278.7 B
Notably Up
Increasing
Slightly volatile
Asset Turnover0.730.74
Fairly Down
Decreasing
Slightly volatile
Current Assets1863.9 B1878.3 B
Slightly Down
Decreasing
Slightly volatile
Total Assets5153.2 B4750.9 B
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Canon Inc's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Canon Inc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canon Inc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canon Inc's financial leverage. It provides some insight into what part of Canon Inc's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Canon Inc's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Canon Inc deploys its capital and how much of that capital is borrowed.
Liquidity
Canon Inc cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 179.75 B in debt with debt to equity (D/E) ratio of 0.16, which may show that the company is not taking advantage of profits from borrowing. Canon Inc ADR has a current ratio of 1.68, which is typical for the industry and considered as normal. Debt can assist Canon Inc until it has trouble settling it off, either with new capital or with free cash flow. So, Canon Inc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canon Inc ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canon to invest in growth at high rates of return. When we think about Canon Inc's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

429.51 Billion
Canon Inc ADR (CAJ) is traded on New York Stock Exchange in USA and employs 184,034 people. Canon Inc is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 23.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canon Inc's market, we take the total number of its shares issued and multiply it by Canon Inc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Canon Inc ADR runs under Technology Hardware, Storage & Peripherals sector within Information Technology industry. The entity has 1.02 B outstanding shares of which 803.34 K shares are currently shorted by investors with about 1.81 days to cover. Canon Inc ADR has about 401.39 B in cash with 451.03 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 466.77, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Canon Inc Probability Of Bankruptcy
Ownership
Canon Inc ADR retains a total of 1.02 Billion outstanding shares. Almost 98.0 percent of Canon Inc outstanding shares are held by regular investors with 0.0 (percent) owned by insiders and only 1.54 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Canon Ownership Details

Canon Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Canon Inc jumping above the current price in 90 days from now is about 31.34%. The Canon Inc ADR probability density function shows the probability of Canon Inc stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Canon Inc has a beta of 0.669 suggesting as returns on the market go up, Canon Inc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Canon Inc ADR will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Canon Inc ADR is significantly underperforming NYSE Composite.
  Odds Below 22.83HorizonTargetOdds Above 22.83
68.34%90 days
 22.83 
31.34%
Based on a normal probability distribution, the odds of Canon Inc to move above the current price in 90 days from now is about 31.34 (This Canon Inc ADR probability density function shows the probability of Canon Stock to fall within a particular range of prices over 90 days) .

Canon Inc Historical Income Statement

Canon Inc ADR Income Statement is one of the three primary financial statements used for reporting Canon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canon Inc ADR revenue and expense. Canon Inc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Canon Inc Cost of Revenue is increasing as compared to previous years. The last year's value of Cost of Revenue was reported at 1.89 Trillion. The current Interest Expense is estimated to increase to about 679.6 M, while Gross Profit is projected to decrease to under 1587.6 B. View More Fundamentals

Canon Stock Against Markets

Picking the right benchmark for Canon Inc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canon Inc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canon Inc is critical whether you are bullish or bearish towards Canon Inc ADR at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Canon Inc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Canon Inc Corporate Directors

Canon Inc corporate directors refer to members of a Canon Inc board of directors. The board of directors generally takes responsibility for the Canon Inc's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canon Inc's board members must vote for the resolution. The Canon Inc board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Hisahiro Minokawa - Managing Executive Officer, Chief Director of Human ResourcesProfile
Masanori Yamada - Managing Executive Officer, Chief Director of Image Solutions BusinessProfile
Hideshi Koyamauchi - Executive Officer, Deputy Chief Director of Production TechnologyProfile
Kazuhiko Noguchi - Executive Officer, Chief Director of External AffairsProfile

Invested in Canon Inc ADR?

The danger of trading Canon Inc ADR is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canon Inc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canon Inc. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canon Inc ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Canon Inc ADR information on this page should be used as a complementary analysis to other Canon Inc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Canon Inc ADR price analysis, check to measure Canon Inc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canon Inc is operating at the current time. Most of Canon Inc's value examination focuses on studying past and present price action to predict the probability of Canon Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Canon Inc's price. Additionally, you may evaluate how the addition of Canon Inc to your portfolios can decrease your overall portfolio volatility.
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Is Canon Inc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canon Inc. If investors know Canon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canon Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.12
Market Capitalization
23.4 B
Quarterly Revenue Growth YOY
0.2
Return On Assets
0.0442
Return On Equity
0.074
The market value of Canon Inc ADR is measured differently than its book value, which is the value of Canon that is recorded on the company's balance sheet. Investors also form their own opinion of Canon Inc's value that differs from its market value or its book value, called intrinsic value, which is Canon Inc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canon Inc's market value can be influenced by many factors that don't directly affect Canon Inc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canon Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Canon Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canon Inc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.