Topcon Stock Analysis

Topcon Pink Sheet Analysis Notes

About 62.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Topcon last dividend was issued on the 30th of March 2023. The entity had 2:1 split on the 28th of March 2006. Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products worldwide. Topcon Corporation was incorporated in 1932 and is headquartered in Tokyo, Japan. Topcon Corp operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 5248 people.The quote for Topcon is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Topcon contact Satoshi Hirano at 81 3 3558 2532 or learn more at https://global.topcon.com.

Topcon Investment Alerts

Topcon Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Topcon's market, we take the total number of its shares issued and multiply it by Topcon's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Topcon Profitablity

The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1.

Technical Drivers

As of the 20th of January, Topcon has the Coefficient Of Variation of 569.39, variance of 33600.91, and Risk Adjusted Performance of 0.1381. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Topcon, as well as the relationship between them. Please validate Topcon coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if Topcon is priced more or less accurately, providing market reflects its prevalent price of 1000000.0 per share. Given that Topcon has variance of 33600.91, we advise you to double-check Topcon's current market performance to make sure the company can sustain itself at a future point.

Topcon Price Movement Analysis

Topcon Predictive Daily Indicators

Topcon Forecast Models

Topcon's time-series forecasting models are one of many Topcon's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Topcon's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Topcon Debt to Cash Allocation

Topcon has accumulated 22.55 B in total debt with debt to equity ratio (D/E) of 0.55, which is about average as compared to similar companies. Topcon has a current ratio of 1.79, which is within standard range for the sector. Debt can assist Topcon until it has trouble settling it off, either with new capital or with free cash flow. So, Topcon's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Topcon sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Topcon to invest in growth at high rates of return. When we think about Topcon's use of debt, we should always consider it together with cash and equity.

Topcon Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Topcon's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Topcon, which in turn will lower the firm's financial flexibility.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Topcon prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Topcon shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Topcon. By using and applying Topcon Pink Sheet analysis, traders can create a robust methodology for identifying Topcon entry and exit points for their positions.

When running Topcon's price analysis, check to measure Topcon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Topcon is operating at the current time. Most of Topcon's value examination focuses on studying past and present price action to predict the probability of Topcon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topcon's price. Additionally, you may evaluate how the addition of Topcon to your portfolios can decrease your overall portfolio volatility.