Critical Survey: Panasonic (PCRFY) & Its Peers

Panasonic (OTCMKTS:PCRFY – Get Free Report) is one of 95 public companies in the “Leisure Products” industry, but how does it compare to its peers? We will compare Panasonic to similar businesses based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, institutional ownership and dividends.

Valuation and Earnings

This table compares Panasonic and its peers gross revenue, earnings per share (EPS) and valuation.

Panasonic has higher revenue and earnings than its peers. Panasonic is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Dividends

Panasonic pays an annual dividend of $0.18 per share and has a dividend yield of 1.9%. Panasonic pays out 11.7% of its earnings in the form of a dividend. As a group, “Leisure Products” companies pay a dividend yield of 2.8% and pay out 63.9% of their earnings in the form of a dividend.

Analyst Ratings

This is a summary of recent ratings and price targets for Panasonic and its peers, as provided by MarketBeat.

As a group, “Leisure Products” companies have a potential upside of 6.52%. Given Panasonic’s peers stronger consensus rating and higher possible upside, analysts plainly believe Panasonic has less favorable growth aspects than its peers.

Institutional and Insider Ownership

9.4% of Panasonic shares are held by institutional investors. Comparatively, 44.5% of shares of all “Leisure Products” companies are held by institutional investors. 1.0% of Panasonic shares are held by insiders. Comparatively, 15.6% of shares of all “Leisure Products” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Volatility & Risk

Panasonic has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500. Comparatively, Panasonic’s peers have a beta of 0.97, meaning that their average stock price is 3% less volatile than the S&P 500.

Profitability

This table compares Panasonic and its peers’ net margins, return on equity and return on assets.

Summary

Panasonic peers beat Panasonic on 8 of the 15 factors compared.

Panasonic Company Profile

(Get Free Report)

Panasonic Holdings Corporation, together with its subsidiaries, research, develops, manufactures, sells, and services various electrical and electronic products worldwide. It operates through five segments: Lifestyle, Automotive, Connect, Industry, and Energy. The Lifestyle segment offers refrigerators, microwave ovens, rice cookers, washing machines, lighting fixtures, vacuum cleaners, air-conditioners, air to water heat pump system, air purifiers/sterilizers, and freezing or refrigerating showcases, as well as ventilation and perflation equipment. This segment also provides personal-care products; lamps, wiring devices, solar photovoltaic systems, fuel cells, and compressors; bicycles; and nursing care services. The Automotive segment offers infotainment systems, head-up displays, automotive speakers and switches, advanced driver assistance systems, and related devices, as well as systems and devices for xEVs and interior rearview mirrors. The Connect segment provides aircraft in-flight entertainment systems and communications services; electronic components-mounting machines; welding equipment; projectors; professional AV systems; PCs and tablets; solutions for various industries; installation/operation/ maintenance services; and supply chain management software. The Industry segment offers relays, switches, power supply products, touch panels, motors, sensors, laser markers, capacitors, inductors, resistors, circuit board materials, semiconductor device materials, molding compounds, and LCD panels. The Energy segment provides dry, primary/secondary lithium, nickel-metal hydride, and lithium-ion batteries; and cylindrical lithium-ion batteries for in-vehicle use, as well as storage battery modules and systems. It also offers digital cameras, video and audio equipment, television, telephones, and intercoms. The company was formerly known as Panasonic Corporation. Panasonic Holdings Corporation was founded in 1918 and is headquartered in Kadoma, Japan.