HOYA Corporation engages in the life care and information technology businesses. More Details
No risks detected for HOCP.Y from our risk checks.
Flawless balance sheet with questionable track record.
Share Price & News
How has HOYA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HOCP.Y has not had significant price volatility in the past 3 months.
7 Day Return
US Medical Equipment
1 Year Return
US Medical Equipment
Return vs Industry: HOCP.Y exceeded the US Medical Equipment industry which returned 14.7% over the past year.
Return vs Market: HOCP.Y exceeded the US Market which returned 13.1% over the past year.
Price Volatility Vs. Market
How volatile is HOYA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is HOYA undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HOCP.Y ($110.99) is trading above our estimate of fair value ($63.56)
Significantly Below Fair Value: HOCP.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HOCP.Y is good value based on its PE Ratio (39.9x) compared to the US Medical Equipment industry average (49.6x).
PE vs Market: HOCP.Y is poor value based on its PE Ratio (39.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: HOCP.Y is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: HOCP.Y is overvalued based on its PB Ratio (6.7x) compared to the US Medical Equipment industry average (3.9x).
How is HOYA forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HOCP.Y's forecast earnings growth (12.4% per year) is above the savings rate (2.2%).
Earnings vs Market: HOCP.Y's earnings (12.4% per year) are forecast to grow slower than the US market (23% per year).
High Growth Earnings: HOCP.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: HOCP.Y's revenue (7.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: HOCP.Y's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HOCP.Y's Return on Equity is forecast to be high in 3 years time (23%)
How has HOYA performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HOCP.Y has high quality earnings.
Growing Profit Margin: HOCP.Y's current net profit margins (20.2%) are lower than last year (21.8%).
Past Earnings Growth Analysis
Earnings Trend: HOCP.Y's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: HOCP.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HOCP.Y had negative earnings growth (-10.9%) over the past year, making it difficult to compare to the Medical Equipment industry average (1.8%).
Return on Equity
High ROE: HOCP.Y's Return on Equity (17.3%) is considered low.
How is HOYA's financial position?
Financial Position Analysis
Short Term Liabilities: HOCP.Y's short term assets (¥499.3B) exceed its short term liabilities (¥100.9B).
Long Term Liabilities: HOCP.Y's short term assets (¥499.3B) exceed its long term liabilities (¥49.5B).
Debt to Equity History and Analysis
Debt Level: HOCP.Y's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: HOCP.Y's debt to equity ratio has reduced from 6.4% to 0.2% over the past 5 years.
Debt Coverage: HOCP.Y's debt is well covered by operating cash flow (10523.9%).
Interest Coverage: HOCP.Y earns more interest than it pays, so coverage of interest payments is not a concern.
What is HOYA current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HOCP.Y's dividend (0.77%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.71%).
High Dividend: HOCP.Y's dividend (0.77%) is low compared to the top 25% of dividend payers in the US market (4.89%).
Stability and Growth of Payments
Stable Dividend: HOCP.Y is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: HOCP.Y is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: HOCP.Y is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HOCP.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hiroshi Suzuki (62 yo)
Mr. Hiroshi Suzuki has been the Chief Executive Officer of Hoya Corp. since June 2003 and has been its President since June 2000. Mr. Suzuki serves as Representative Executive Officer at Hoya Corp. He serv ...
CEO Compensation Analysis
Compensation vs Market: Hiroshi's total compensation ($USD1.90M) is below average for companies of similar size in the US market ($USD11.30M).
Compensation vs Earnings: Hiroshi's compensation has been consistent with company performance over the past year.
|Representative Executive Officer||17.25yrs||JP¥200.00m||0.25% |
|Independent Director||6.25yrs||no data||0.00075% |
|Independent Director||5.17yrs||no data||0.00027% |
|Lead Independent Director||1.67yrs||no data||0.0013% |
|Independent Director||7.25yrs||no data||0.00027% |
|Independent Director||2.25yrs||no data||no data|
Experienced Board: HOCP.Y's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HOYA Corporation's company bio, employee growth, exchange listings and data sources
- Name: HOYA Corporation
- Ticker: HOCP.Y
- Exchange: OTCPK
- Founded: 1941
- Industry: Health Care Supplies
- Sector: Healthcare
- Market Cap: JP¥4.383t
- Listing Market Cap: JP¥41.616b
- Shares outstanding: 374.76m
- Website: https://www.hoya.co.jp
Number of Employees
- HOYA Corporation
- Nittochi Nishishinjuku Building
- 20th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HOCP.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 1992|
|HYB||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
|7741||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Jan 1992|
|HOCP.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Sep 2004|
HOYA Corporation engages in the life care and information technology businesses. The company offers healthcare products, including eyeglass and contact lenses; and medical products, such as medical endosco ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/24 06:54|
|End of Day Share Price||2020/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.