Increasing Fanuc’s FVE to JPY 34,100 Following an Outstanding 3Q; Stock Fairly Priced.
Wide-moat Fanuc posted strong third-quarter results featuring an 86% year-over-year increase in operating income, above Yaskawa’s 77% increase. The result again demonstrated the firm’s outstanding brand equity, entrenched customer relationship, and cost advantage as the world’s largest computer numerical control, or CNC, and robot vendor. We are increasing our fair value estimate to JPY 34,100 from JPY 26,700 to reflect stronger demand for numerical control, or NC, machines and robomachines from...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.