HOYA Corporation (HOCPF) Stock

About HOYA Corporation

HOYA Corporation, a Tokyo-headquartered med-tech company established in 1941, delivers a wide array of high-tech and medical products across the globe. Its operations are primarily structured into three segments: Life Care, Information Technology, and Other. The Life Care division focuses on vision correction products, producing eyeglass and contact lenses, and operating the specialty retail chain Eyecity. This segment also encompasses a variety of medical devices, including endoscopes, intraocular lenses, laparoscopic surgical instruments, automatic endoscope cleaning equipment, and other medical solutions like prosthetic ceramic fillers and metallic implants for orthopedics. In its Information Technology segment, HOYA provides essential components for the tech industry. These include mask blanks and photomasks crucial for semiconductor manufacturing, glass disks for hard disk drives, and imaging products such as optical glasses, colored glass filters, and laser/UV light resources. The company additionally researches, develops, manufactures, and sells photomasks used in flat panel displays. Furthermore, HOYA extends its offerings to include software solutions like ReadSpeaker for speech synthesis, and cloud services such as Kinnosuke for time and attendance management, and Yonosuke for electronic payslips.

HOYA Corporation is headquartered in JP.

HOYA Corporation (HOCPF) stock trades at $159.57 with a market capitalization of $53.38B. The stock is valued at a price-to-earnings (P/E) ratio of 32.45, price-to-book of 8.45, price-to-sales of 8.72. Over the past 52 weeks the stock has ranged between $126.72 and $191.23, and currently trades 16.6% below its 52-week high. It pays a dividend yielding 1.34%.

On profitability, HOYA Corporation generates a return on equity (ROE) of 26.25% — well above the market average, a sign of a high-quality business, return on capital employed of 26.77%, an operating margin of 30.18%, a net profit margin of 27.16%.

In its most recent fiscal year, HOYA Corporation reported annual revenue of $953.7B, net profit of $254.7B, revenue has compounded at 11.7% a year over the last five years, profit at 15.2% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.04 — a conservative balance sheet with little leverage risk, a current ratio of 4.91, total assets of $1.31T, $574.1B in cash and equivalents.

HOCPF has an average daily trading volume of 122 shares, a beta of 0.93.

Official website: www.hoya.com