Risk factor
Fair trading liquidity
Profitability factor
Very favourable analyst view
About
Furuno Electric Co., Ltd. engages in the manufacture and sale of marine and industrial electronics equipment, wireless LAN system, and handy terminals in Japan, the Americas, Europe, rest of Asia, and internationally. Its marine business offers radars, AIS and ECDIS systems, and satellite communication equipment for merchant vessels; fish finders, scanning sonars, and radiotelephones for fishing vessels; and network-capable and multi-function navigation systems, as well as GPS and chart plotters, fish finders, and autopilot systems for sport fishing boats, sailboats, and yachts. The company's industrial business provides automotive ETC2.0/ETC systems, dedicated short range communication systems, GPS receivers, and GPS disciplined oscillators for PNT; medical equipment devices, such as clinical chemical analyzers and ultrasound bone densitometers for healthcare industry; and wireless LAN access points and wireless handheld terminals, as well as offers electromagnetic environment testing services. In addition, it provides meteorological monitoring and analyzing systems, as well as displacement monitoring systems. The company was founded in 1938 and is headquartered in Nishinomiya, Japan.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITD.
Target Price
The average target price of 6814.T is 11803 and suggests 97% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc