Explore 130+ historical metrics & ratios
Compare equities side by side
Stocks breaking to new annual highs
S&P 500 oversold value screener
Relative strength momentum leaders
Upcoming earnings dates & reports
Filter and sort all 500 stocks
Today's biggest gainers and losers
Visual sector performance
Sharp Corporation is a Japanese electronics manufacturer majority-owned by Foxconn (Hon Hai Precision) since 2016, operating display panel fabrication facilities, home appliances, and B2B solutions including solar panels and office equipment. The company competes in commoditized LCD/OLED markets against Samsung Display, LG Display, and BOE, with limited pricing power and high capital intensity. Stock performance reflects structural challenges in consumer electronics, elevated capex burden ($39B TTM), and negative free cash flow generation.
Sharp generates revenue through high-volume manufacturing of display panels and consumer electronics with thin margins (18.8% gross margin reflects commoditized markets). The company relies on Foxconn's supply chain integration for cost efficiency and access to Apple/Chinese OEM customers. Pricing power is minimal due to intense competition from Korean and Chinese panel makers. Operating leverage is constrained by $39B annual capex requirements for fab upgrades and technology transitions (OLED, microLED), resulting in negative FCF. Profitability depends on capacity utilization rates, yield improvements, and yen exchange rates affecting export competitiveness.
LCD/OLED panel pricing trends in spot markets (particularly 55-inch and 65-inch TV panels, smartphone OLED)
Capacity utilization rates at Sakai (10th generation LCD) and Kameyama (OLED) fabrication plants
Foxconn order flow and Apple iPhone display panel allocation decisions
Yen/dollar exchange rate movements affecting export competitiveness and translated earnings
Chinese panel maker (BOE, CSOT, HKC) capacity additions impacting global supply/demand balance
Consumer electronics demand in Japan, China, and Southeast Asian markets
Secular decline in LCD profitability as Chinese manufacturers (BOE, CSOT) add 10.5G and 11G fab capacity with 30-40% cost advantages, compressing global panel ASPs by 5-10% annually
Technological disruption from microLED and QD-OLED displays requiring $10B+ R&D investments Sharp cannot afford independently, risking obsolescence in premium segments
Smartphone market saturation extending replacement cycles from 2.5 to 3+ years, reducing OLED panel demand growth to low single digits
Japanese demographic decline reducing domestic appliance market by 1-2% annually, forcing reliance on competitive Asian export markets
Samsung Display and LG Display maintain 2-3 generation technology lead in OLED, capturing 80%+ of premium smartphone and TV panel share with superior yields and performance
BOE, CSOT, and Tianma expanding capacity at 15-20% CAGR with government subsidies, creating structural oversupply in LCD markets
Foxconn vertical integration potentially cannibalizing Sharp's display orders as parent develops in-house panel capabilities for key customers
Chinese appliance makers (Midea, Haier, Gree) undercutting Sharp pricing in Southeast Asian markets by 20-30%
Negative $40.6B free cash flow and $39B annual capex create unsustainable cash burn requiring Foxconn capital injections or asset sales
1.74x debt/equity ratio with 0.93x current ratio indicates limited liquidity buffer for cyclical downturns or unexpected fab equipment failures
53.9% ROE appears inflated by low equity base post-Foxconn acquisition restructuring, masking underlying 7.6% ROA and 1.7% net margins
Pension obligations for 50,000+ Japanese employees create off-balance sheet liabilities sensitive to discount rate assumptions
high - Consumer electronics and display panels are highly cyclical, with demand directly tied to discretionary spending, smartphone replacement cycles, and TV unit sales. Industrial production drives B2B equipment sales. Revenue declined 7% YoY reflecting weakening consumer demand in developed markets. Inventory destocking cycles in electronics supply chains create 6-12 month lag effects on panel orders.
Rising rates negatively impact Sharp through multiple channels: (1) Higher financing costs on $4.7B net debt (1.74x D/E ratio) increase interest expense, (2) Reduced consumer financing availability for big-ticket appliances and TVs dampens demand, (3) Valuation multiple compression as investors rotate from low-margin cyclicals to higher-quality growth stocks. Yen interest rate differentials vs USD also affect currency hedging costs.
Moderate credit exposure given 0.93x current ratio and negative $40.6B FCF indicating liquidity constraints. Access to Foxconn parent support mitigates near-term refinancing risk, but elevated capex requirements and thin margins create vulnerability to credit market tightening. High yield spreads widening would increase borrowing costs for fab equipment financing and working capital facilities.
value - 0.2x P/S and 1.7x P/B ratios attract deep value investors betting on cyclical recovery or Foxconn restructuring upside. However, negative FCF, declining revenue, and structural industry headwinds deter quality-focused value investors. Stock appeals to special situations investors focused on potential Foxconn asset monetization or Japanese corporate governance improvements. High volatility and -32.6% 1-year return indicate speculative positioning rather than institutional ownership.
high - Consumer electronics cyclicality, yen currency swings (10-15% annual ranges), and quarterly panel pricing volatility create 30-40% annual stock price ranges. Negative FCF and liquidity concerns amplify downside volatility during risk-off periods. Limited float due to Foxconn majority ownership reduces liquidity, widening bid-ask spreads. Beta likely 1.3-1.5x vs Japanese equity indices.