3Wk·

Investment decision (Keyence Corporation)

Hello dear community,

I am currently considering whether I should invest in the above-mentioned company.

$6861 (+2.7%) =Keyence

What do you think of the company? Please give me your feedback, Flo 😊 .

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Description of the company:

Keyence is a Japanese manufacturer of high-tech components for industrial automation. The company develops and distributes:

Sensors (e.g. photoelectric sensors, proximity switches)

Image processing systems (industrial cameras, machine vision)

Measuring and testing technology (3D laser scanners, micrometers, profile projectors)

Laser marking devices

Safety and control technology (safety light curtains, PLC)

Keyence sells its products directly to companies, without intermediaries, and is known for fast delivery, on-site technical advice and extreme product quality.

It supplies, for example, the automotive, semiconductor, electronics, pharmaceutical and food industries worldwide.

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Pro:

- Turnover/net profit: Increasing

- Margin: High

- Debt: Low

- Researches and develops actively / continuously and stays on the ball

- Represented in over 100 countries

- Turnover in Japan is 36% (in own country)

Contra:

- Yen

- P/E ratio high due to high expectations

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Competition (examples):

Cognex Corp = $CGNX (-0.63%)

Rockwell Automation = $ROK (+1%)

Omron Corp = $6645 (+0.44%)

Fanus Corp. = $6954 (+2.94%)

Applied Materials = $AMAT (-0.63%)

6 Comments

-@0000

3Wk

I wouldn't be put off by a high P/E ratio, good companies with prospects have their price. In terms of the P/E ratio, Nvidia should not have been bought 2.3 years ago. The result as of today is known. I wouldn't care about currency fluctuations in the long term if it was a global currency. But I wouldn't like the share price development, it looks stagnant, I think there are more exciting things in the industrial sector, purely in terms of share price development. I find something like this more interesting: $FN.

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Florian@FloowSwager

3Wk

@0000 A P/E ratio that is too high does not put me off, I also wrote "due to high expectations". No, the company is exciting enough, they don't produce but develop and distribute. The current share price says nothing about the future :). You are right that the yen will not fall permanently.
You can't evaluate anything purely from the share price development... but you're right, it is exciting... but the share price performance of Gamestop and Styer is just as exciting....

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-@0000

3Wk

@FloowSwager I do look at the long-term trend, which is also a valuation criterion for me. First and foremost, of course, there has to be something behind a company if I want to stay in it for a long time, so Gamestop is rather less exciting and Steyr was an absurdity anyway. $SU was one of the reasons I bought it, it was also expensive, but we'll see, but I think it will be fine over the years. Keyence in the depot definitely wouldn't bother me either, I think you can have that too.

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Florian@FloowSwager

3Wk

@0000 That wasn't meant to be an attack on you. My comparisons were simply extremely exaggerated :).

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-@0000

3Wk

@FloowSwager I didn't take it that way either, it's all good. I'll add them to my watchlist and keep an eye on them.

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Maximilian@Max095

2Wk

I have $PH from this sector. $6861 is also interesting. $AMAT also has very strong dividend growth

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