Professional
Added to YB: 2024-11-26
Pitch date: 2024-11-11
SONY [bullish]
Sony Group Corporation
+45.4%
current return
Author Info
No bio for this author
Company Info
Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally.
Market Cap
JPY 27.0T
Pitch Price
JPY 18.32
Price Target
24.40 (-9%)
Dividend
0.55%
EV/EBITDA
13.12
P/E
22.60
EV/Sales
2.09
Sector
Household Durables
Category
value
Sony Group Corporation Commits to Increasing Operating Income by 10% per Year
SONY: Q3 op income +73% YoY to JPY455B, driven by games & image sensors. FY24 guidance unchanged at JPY1.31T. Gaming segment raised, I&SS lowered on weak smartphone demand. FY24/25 forecasts up. FVE raised to JPY3,700. Undervalued due to market underestimating diversification strength.
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