FUJIF - Fujifilm: Strong Margins Sustainable Dividend Trajectory
2023-04-27 03:48:55 ET
Summary
- Revenue growth has been poor as a result of changing markets and consumer trends.
- Fuji has made innovative strategic investments that could help drive growth in the future.
- Margins are attractive and look relatively sticky, allowing for decent returns despite the lack of growth.
- Relative to peers, the business holds up with profitability, but growth is an issue.
- Fuji's valuation implies an upside of 9%, which given the lack of volatility, is a good return.
For further details see:
Fujifilm: Strong Margins, Sustainable Dividend Trajectory