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HMC introduces new technologies for its upcoming Honda 0 Series, a fresh line of EVs set to launch globally in 2026.
MONROVIA, Calif.--(BUSINESS WIRE)--SiLC Technologies Receives Investment from Honda.
Honda Motor Co. is trading at a significant discount with a price/book value of 0.63 and a P/E ratio of 6.80. Despite industry changes, Honda's strong earnings growth and low valuation metrics make it a compelling value investment. Dividends are attractive but inconsistent, with a yield over 4%, dependent on continued strong earnings and potential capital reallocation to electric vehicles.
Honda stock's price is right with an exceptionally low valuation. The company's future looks bright, especially with its hybrid and electric vehicle strategy.
Given Honda's (HMC) appealing valuation, strong hybrid lineup, ambitious electrification plans and a commitment to enhancing shareholder value, we remain bullish on the stock.
Last week's global market rout impacted the Japanese Nikkei Index disproportionately more than any other as a result of Japan's worsening recession and regional investors' fears about the broader impact on Asia. Furthermore, with Japan falling deeper into economic decline, the concerns spread to the United States as a less-than-favorable jobs report hinted at a slowing American economy.
For fiscal 2025, Honda (HMC) forecasts revenues and operating profits of 20.3 trillion yen and 1.42 trillion yen, respectively.
TOKYO , Aug. 7, 2024 /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal first quarter ended June 30, 2024.
Honda Motor Co., Ltd. (NYSE:HMC ) Q1 2025 Press Conference Call August 7, 2024 2:15 AM ET Company Participants Eiji Fujimura - Managing Executive Officer, CFO Masao Kawaguchi - Head of Accounting and Finance Supervisory Unit Conference Call Participants Operator Thank you very much indeed for your participation despite your business schedule today.
Japan's Honda Motor reported a 23% increase in first-quarter profit on Wednesday as the automaker benefited from a weaker yen, and maintaining its full-year profit forecast.