Analyzing Hoya (HOCPY) & Its Competitors

Hoya (OTCMKTS:HOCPY) is one of 377 public companies in the “Electronic Equipment, Instruments & Components” industry, but how does it contrast to its rivals? We will compare Hoya to similar businesses based on the strength of its analyst recommendations, valuation, dividends, institutional ownership, risk, earnings and profitability.

Institutional & Insider Ownership

0.1% of Hoya shares are held by institutional investors. Comparatively, 43.3% of shares of all “Electronic Equipment, Instruments & Components” companies are held by institutional investors. 16.4% of shares of all “Electronic Equipment, Instruments & Components” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Hoya and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hoya	28.48%	27.06%	21.51%
Hoya Competitors	-158.11%	-25.88%	-6.86%

Risk and Volatility

Hoya has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500. Comparatively, Hoya’s rivals have a beta of -0.30, meaning that their average share price is 130% less volatile than the S&P 500.

Valuation and Earnings

This table compares Hoya and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hoya	$5.88 billion	$1.58 billion	28.21
Hoya Competitors	$4.13 billion	$172.92 million	4.35

Hoya has higher revenue and earnings than its rivals. Hoya is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Dividends

Hoya pays an annual dividend of $1.64 per share and has a dividend yield of 1.1%. Hoya pays out 31.1% of its earnings in the form of a dividend. As a group, “Electronic Equipment, Instruments & Components” companies pay a dividend yield of 2.0% and pay out 81.2% of their earnings in the form of a dividend.

Analyst Recommendations

This is a summary of recent ratings for Hoya and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hoya	0	0	0	1	4.00
Hoya Competitors	2047	7603	10433	662	2.47

As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 41.75%. Given Hoya’s rivals higher possible upside, analysts plainly believe Hoya has less favorable growth aspects than its rivals.

Summary

Hoya beats its rivals on 10 of the 15 factors compared.

Hoya Company Profile

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics. It also operates Eyecity, a specialty retailer of contact lenses. In addition, the company provides information technology products, such as mask blanks and photomasks for manufacturing semiconductor chips; glass disks for hard disk drives; and imaging products that include optical glasses/optical lenses, colored glass filters, and laser equipment/UV light resources. Further, it engages in the research, development, manufacture, and sale of photomasks for manufacturing flat panel displays. Additionally, the company offers ReadSpeaker, a speech synthesis software; and cloud services comprising Kinnosuke, a time and attendance management service, as well as Yonosuke, an electronic payslip service. HOYA Corporation was founded in 1941 and is headquartered in Tokyo, Japan.