Judo Capital Holdings Limited

ASX:JDO Stock Report

Market Cap: AU$2.2b

Judo Capital Holdings Valuation

Is JDO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JDO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: JDO (A$2.01) is trading below our estimate of fair value (A$2.13)

Significantly Below Fair Value: JDO is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JDO?

Key metric: As JDO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for JDO. This is calculated by dividing JDO's market cap by their current earnings.
What is JDO's PE Ratio?
PE Ratio32.1x
EarningsAU$69.90m
Market CapAU$2.22b

Price to Earnings Ratio vs Peers

How does JDO's PE Ratio compare to its peers?

The above table shows the PE ratio for JDO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12x
BFL BSP Financial Group
8.1xn/aAU$3.0b
KSL Kina Securities
7.9x19.3%AU$302.3m
ANZ ANZ Group Holdings
14.7x3.3%AU$95.9b
NAB National Australia Bank
17.4x2.3%AU$121.1b
JDO Judo Capital Holdings
32.1x26.3%AU$2.2b

Price-To-Earnings vs Peers: JDO is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the peer average (12x).

Price to Earnings Ratio vs Industry

How does JDO's PE Ratio compare vs other companies in the Global Banks Industry?

18 CompaniesPrice / EarningsEstimated GrowthMarket Cap
JDO 32.1xIndustry Avg. 10.0xNo. of Companies164PE0612182430+
18 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: JDO is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the Global Banks industry average (10x).

Price to Earnings Ratio vs Fair Ratio

What is JDO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JDO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.1x
Fair PE Ratio19.3x

Price-To-Earnings vs Fair Ratio: JDO is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JDO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$2.01
AU$1.73
-13.8%
20.0%AU$2.30AU$1.20n/a10
Nov ’25AU$1.90
AU$1.73
-8.6%
20.0%AU$2.30AU$1.20n/a10
Oct ’25AU$1.69
AU$1.65
-2.4%
18.1%AU$2.30AU$1.20n/a10
Sep ’25AU$1.65
AU$1.63
-1.1%
17.8%AU$2.30AU$1.20n/a11
Aug ’25AU$1.43
AU$1.46
+2.4%
22.5%AU$2.30AU$1.00n/a11
Jul ’25AU$1.25
AU$1.44
+15.1%
24.0%AU$2.30AU$1.00n/a11
Jun ’25AU$1.28
AU$1.44
+12.9%
24.0%AU$2.30AU$1.00n/a11
May ’25AU$1.33
AU$1.40
+5.7%
25.9%AU$2.30AU$1.00n/a11
Apr ’25AU$1.33
AU$1.40
+5.3%
25.9%AU$2.30AU$1.00n/a11
Mar ’25AU$1.28
AU$1.40
+10.1%
26.0%AU$2.30AU$1.00n/a11
Feb ’25AU$1.17
AU$1.34
+14.9%
28.8%AU$2.20AU$0.87n/a9
Jan ’25AU$1.00
AU$1.27
+27.1%
15.8%AU$1.57AU$1.05n/a8
Dec ’24AU$0.86
AU$1.27
+47.0%
15.8%AU$1.57AU$1.05n/a8
Nov ’24AU$0.85
AU$1.27
+49.6%
15.8%AU$1.57AU$1.05AU$1.908
Oct ’24AU$1.00
AU$1.28
+28.1%
14.0%AU$1.57AU$1.10AU$1.697
Sep ’24AU$0.95
AU$1.28
+34.9%
14.0%AU$1.57AU$1.10AU$1.657
Aug ’24AU$1.36
AU$1.66
+21.8%
10.0%AU$1.85AU$1.30AU$1.437
Jul ’24AU$1.19
AU$1.73
+46.1%
14.4%AU$2.25AU$1.30AU$1.258
Jun ’24AU$1.20
AU$1.73
+44.3%
14.4%AU$2.25AU$1.30AU$1.288
May ’24AU$1.26
AU$1.74
+38.9%
14.1%AU$2.25AU$1.30AU$1.338
Apr ’24AU$1.23
AU$1.84
+49.9%
11.1%AU$2.25AU$1.50AU$1.338
Mar ’24AU$1.42
AU$1.77
+24.7%
15.1%AU$2.25AU$1.25AU$1.289
Feb ’24AU$1.36
AU$1.79
+31.4%
18.3%AU$2.50AU$1.25AU$1.178
Jan ’24AU$1.33
AU$1.78
+34.2%
19.5%AU$2.50AU$1.25AU$1.007
Dec ’23AU$1.38
AU$1.78
+28.9%
19.5%AU$2.50AU$1.25AU$0.867
Nov ’23AU$1.24
AU$1.78
+44.0%
19.5%AU$2.50AU$1.25AU$0.857

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

Fremantle Community Financial Services

AU$294.7k

Engages in the operation of a branch of Bendigo Bank and Adelaide Bank pursuant to a franchise agreement with Bendigo and Adelaide Bank Limited in Western Australia.

FCF

AU$0.40

7D

0%

1Y

n/a

East Gosford & Districts Financial Services

AU$402.9k

Provides community banking services under management rights to operate a franchised branch of Bendigo and Adelaide Bank Limited.

EGF

AU$0.41

7D

0%

1Y

n/a

Sunshine Coast Community Financial Services

AU$1.3m

Operates as a franchisee of Bendigo Bank that provides banking, and financial products and services to individuals, businesses, and organizations in Australia.

SSC

AU$0.77

7D

0%

1Y

n/a