Nikon Corp’s share price is 円2247. Its GF Value is 円1698.55. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Nikon Corp stock is .
The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.
In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:
| Price: 円2247 | GF Value | Price/GF Value | ||
|---|---|---|---|---|
| Current | 円1698.55 | 1.32 | ||
| Next FY1 End | 円1768.12 | 1.27 | ||
| Next 12 Month | 円1800.32 | 1.25 | ||
| Next FY2 End | 円1864.72 | 1.21 |
GuruFocus performed a correlation analysis comparing Nikon Corp's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.
The analysis reveals the strongest correlation between Nikon Corp's stock price and Revenue per share, with a coefficient of 66%. Nikon Corp’s stock price shows no significant correlation with Book Value per share. Nikon Corp’s stock price shows no significant correlation with Operating Cash Flow per share. Nikon Corp’s stock price shows no significant correlation with Earnings without NRI per share.