Risk factor
Good trading liquidity
Profitability factor
Strong growth
About
Headquartered in Nishinomiya, Japan, and established in 1938, Furuno Electric Co., Ltd. specializes in the global development and distribution of advanced electronic equipment, including marine and industrial systems, wireless LAN solutions, and handheld terminals. Its operational reach extends across Japan, the Americas, Europe, and throughout Asia. The company's marine division provides sophisticated navigation and communication technologies for a variety of vessels. This includes radar, AIS, ECDIS, and satellite communication systems for merchant fleets; state-of-the-art fish finders, scanning sonars, and radiotelephones for commercial fishing vessels; and integrated navigation platforms, GPS, chart plotters, fish finders, and autopilots designed for recreational craft like sport fishing boats, sailboats, and yachts. Within its industrial segment, Furuno offers diverse solutions. These comprise automotive ETC (Electronic Toll Collection) and dedicated short-range communication systems, high-precision GPS receivers and disciplined oscillators essential for Positioning, Navigation, and Timing (PNT) applications, and specialized medical diagnostic devices such as clinical chemical analyzers and ultrasound bone densitometers for the healthcare industry. Additionally, the company supplies wireless LAN access points and portable terminals, along with electromagnetic environment testing services. Furthermore, Furuno develops and provides meteorological monitoring and analysis systems, as well as displacement monitoring solutions.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of 6814.T is 11436 and suggests 47.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i