7740 (Tamron Co Ltd) vs Nikkei 225 Comparison

7740

Nikkei 225

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7740

Nikkei 225

Difference

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7740

Nikkei 225

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Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

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Nikkei 225

7740

6758

GRMN

6752

000100

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1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

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Tamron Co Ltd
Glance View

Market Cap

171.9B JPY

Industry

Consumer products

Tamron Co., Ltd., a distinguished name in the optics industry, crafts its narrative from a history rooted in precision engineering and innovation. Established in 1950, this Japanese company quickly built a reputation for designing high-quality photographic lenses, surveillance devices, and various optical components. At the heart of Tamron's operations is its robust research and development division, which continually drives the company to explore new frontiers in optical technology. Leveraging advanced manufacturing processes and a keen understanding of consumer behavior, Tamron excels in creating versatile interchangeable lenses acclaimed by both amateur and professional photographers worldwide. This strategic focus not only aligns with the growing global interest in photography but also strengthens Tamron's standing as a leader in the optics field. What sets Tamron apart is its ability to harmonize innovation with market needs. The company generates revenue by selling its meticulously engineered lenses and components to camera manufacturers and end consumers through a substantial network of retailers and distributors. Its diverse product line caters to different markets, ranging from consumer cameras to industrial applications, ensuring a steady stream of revenue across various economic conditions. By consistently updating its product offerings to meet the dynamic demands of both the photography market and industrial sectors, Tamron sustains its growth while consolidating its brand equity. This strategy allows Tamron to maintain a competitive edge even as digital transformation and technological advances reshape traditional industries.

View Tamron Co Ltd Analysis

Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

JP		Sony Group Corp TSE:6758	Add
CH	G	Garmin Ltd NYSE:GRMN	Add
JP		Panasonic Holdings Corp TSE:6752	Add
CN	T	TCL Technology Group Corp SZSE:000100	Add
IN		Dixon Technologies (India) Ltd NSE:DIXON	Add
KR		LG Electronics Inc KRX:066570	Add
CN		Sichuan Changhong Electric Co Ltd SSE:600839	Add
CN		Hisense Visual Technology Co Ltd SSE:600060	Add
JP		Sharp Corp TSE:6753	Add
JP		Nikon Corp TSE:7731	Add

JP		Sony Group Corp TSE:6758	Select
CH	G	Garmin Ltd NYSE:GRMN	Select
JP		Panasonic Holdings Corp TSE:6752	Select
CN	T	TCL Technology Group Corp SZSE:000100	Select
IN		Dixon Technologies (India) Ltd NSE:DIXON	Select
KR		LG Electronics Inc KRX:066570	Select
CN		Sichuan Changhong Electric Co Ltd SSE:600839	Select
CN		Hisense Visual Technology Co Ltd SSE:600060	Select
JP		Sharp Corp TSE:6753	Select
JP		Nikon Corp TSE:7731	Select

JP		Sony Group Corp TSE:6758	Add
CH	G	Garmin Ltd NYSE:GRMN	Add
JP		Panasonic Holdings Corp TSE:6752	Add
CN	T	TCL Technology Group Corp SZSE:000100	Add
IN		Dixon Technologies (India) Ltd NSE:DIXON	Add
KR		LG Electronics Inc KRX:066570	Add
CN		Sichuan Changhong Electric Co Ltd SSE:600839	Add
CN		Hisense Visual Technology Co Ltd SSE:600060	Add
JP		Sharp Corp TSE:6753	Add
JP		Nikon Corp TSE:7731	Add

IN	S	SAB Industries Ltd BSE:539112	Add
US	G	GE Vernova LLC NYSE:GEV	Add
NL	N	Nepi Rockcastle NV JSE:NRP	Add
US		Schlumberger NV NYSE:SLB	Add
US	B	Baker Hughes Co NASDAQ:BKR	Add
ID		Amman Mineral Internasional Tbk PT IDX:AMMN	Add
US	R	Reddit Inc NYSE:RDDT	Add
CH	G	Galderma Group AG SIX:GALD	Add
US		Halliburton Co NYSE:HAL	Add
LU		Tenaris SA MIL:TEN	Add

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7740

vs

Nikkei 225

Stocks Performance
7740 vs Nikkei 225

Performance Gap
7740 vs Nikkei 225

Performance By Year
7740 vs Nikkei 225

Competitors Performance
Tamron Co Ltd vs Peers

Tamron Co Ltd
Glance View

Company

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7740 vs Nikkei 225

Stocks Performance 7740 vs Nikkei 225

Performance Gap 7740 vs Nikkei 225

Performance By Year 7740 vs Nikkei 225

Competitors Performance Tamron Co Ltd vs Peers

Tamron Co Ltd Glance View

Company

Help

Tools

Stocks

7740

vs

Nikkei 225

Stocks Performance
7740 vs Nikkei 225

Performance Gap
7740 vs Nikkei 225

Performance By Year
7740 vs Nikkei 225

Competitors Performance
Tamron Co Ltd vs Peers

Tamron Co Ltd
Glance View