Asahi Glass (ASGLY) & Its Peers Head-To-Head Contrast

Asahi Glass (OTCMKTS:ASGLY) is one of 295 public companies in the “Chemicals” industry, but how does it compare to its competitors? We will compare Asahi Glass to related businesses based on the strength of its dividends, institutional ownership, risk, earnings, analyst recommendations, profitability and valuation.

Profitability

This table compares Asahi Glass and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Asahi Glass	2.88%	3.60%	2.10%
Asahi Glass Competitors	-59.15%	-0.44%	-1.38%

Risk and Volatility

Asahi Glass has a beta of 0.54, meaning that its stock price is 46% less volatile than the S&P 500. Comparatively, Asahi Glass’ competitors have a beta of 0.93, meaning that their average stock price is 7% less volatile than the S&P 500.

Institutional and Insider Ownership

48.0% of shares of all “Chemicals” companies are held by institutional investors. 13.9% of shares of all “Chemicals” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Asahi Glass and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Asahi Glass	$13.77 billion	$463.39 million	16.03
Asahi Glass Competitors	$8.01 billion	$230.87 million	10.00

Asahi Glass has higher revenue and earnings than its competitors. Asahi Glass is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a summary of recent ratings and price targets for Asahi Glass and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Asahi Glass	0	1	0	0	2.00
Asahi Glass Competitors	3248	12221	14140	519	2.40

As a group, “Chemicals” companies have a potential upside of 8.45%. Given Asahi Glass’ competitors stronger consensus rating and higher probable upside, analysts clearly believe Asahi Glass has less favorable growth aspects than its competitors.

Dividends

Asahi Glass pays an annual dividend of $0.16 per share and has a dividend yield of 2.6%. Asahi Glass pays out 42.1% of its earnings in the form of a dividend. As a group, “Chemicals” companies pay a dividend yield of 3.1% and pay out 101.2% of their earnings in the form of a dividend.

Summary

Asahi Glass competitors beat Asahi Glass on 8 of the 15 factors compared.

Asahi Glass Company Profile

AGC Inc. manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows. It also provides glass substrates for thin-film-transistor liquid crystal displays and OLEDs; synthetic fused silica glass, synthetic quartz crystals, silicon carbides, CMP slurry, through glass Vias, high refractive index glass, diffusers, glass ceramics substrates, optical planar devices, IR cut filters, aspherical glass and molded lens, and micro lens array products; polycarbonate and optical sheets, thin sheets, and films; and glass frits and pastes, as well as glass substrates for semiconductor packaging and other electronic materials. In addition, the company offers cover glass for smartphones and tablet devices; glass substrates for photovoltaic devices and touch panels; specialty glass; extra clear float glass; transparent conductive oxide glass for a-Si type solar module; and ultra-thin glass for electronics devices. Further, it provides chlor-alkali, polyurethanes, fluoro, and specialty chemical products; high thermal insulation ceramics wall for furnaces; and ceramic beads, sputtering targets, abrasion resistant ceramics, alumina cement, engineering fine ceramics, and ceramics molding agents for 3D printers. Additionally, the company engages in the digital signage on glass, copper clad laminate, and plastic optical fiber businesses; and gas and solvents, and life Science businesses. The company was formerly known as Asahi Glass Co., Ltd. and changed its name to AGC Inc. in July 2018. AGC Inc. was founded in 1907 and is headquartered in Tokyo, Japan.