Fanuc shares have had a great year so far…
They’re up 21.8% year to date. But now the important question… will this trend continue?
Let’s take a closer look at the company…
Fanuc was founded in 1972 and is headquartered in Japan. The company operates in the industrial automation industry and employs 5,469 people. The CEO is Yoshiharu Inaba.
The company operates with four segments. They are factory automation (FA) systems, industrial robots, CNC equipment, and laser systems.
Fanuc brought in 536.9 billion (JPY) in revenue last year. That’s down over the previous year…
With the recent downturn in revenue, the overall business is valued at $41.4 billion… but is this price justified?
What are Fanuc Shares Worth?
Shares trade for $20.28 but that doesn’t tell us much. To decide if they’re a good value we should look at the key metrics below…
The stock market is filled with individuals who know the price of everything, but the value of nothing. – Phillip Fisher
Price-to-Earnings: Fanuc shares trade at 32 times earnings. That’s above the average for its competitors.
With the average at 25.5, Fanuc shares look a bit expensive… but this is just one important ratio to watch.
Price-to-Book: A lower value here generally indicates shares are undervalued. And at 3.2, it looks like a reasonable deal compared to its competitors.
Fanuc’s competitor average P/B is 4. This ratio varies across industries… so it’s good to always compare to similar companies.
Great company research should go much further than these ratios… but they’re a good place to start.
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