Contrasting Hoya (HOCPY) and Its Competitors

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

Insider and Institutional Ownership

0.1% of Hoya shares are owned by institutional investors. Comparatively, 43.5% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by institutional investors. 16.0% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares Hoya and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hoya	$5.88 billion	$1.58 billion	29.76
Hoya Competitors	$114.91 billion	$166.60 million	5.96

Hoya’s peers have higher revenue, but lower earnings than Hoya. Hoya is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Dividends

Hoya pays an annual dividend of $1.65 per share and has a dividend yield of 1.1%. Hoya pays out 31.3% of its earnings in the form of a dividend. As a group, “Electronic Equipment, Instruments & Components” companies pay a dividend yield of 1.9% and pay out 70.3% of their earnings in the form of a dividend.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Hoya and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hoya	0	0	0	1	4.00
Hoya Competitors	2047	7594	10406	658	2.47

As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 37.01%. Given Hoya’s peers higher possible upside, analysts clearly believe Hoya has less favorable growth aspects than its peers.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Hoya	27.58%	25.78%	20.41%
Hoya Competitors	-158.15%	-25.69%	-6.84%

Volatility and Risk

Hoya has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500. Comparatively, Hoya’s peers have a beta of -0.32, suggesting that their average stock price is 132% less volatile than the S&P 500.

Summary

Hoya beats its peers on 9 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.