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Johnson Matthey Plc Stock Price

LSE:JMAT Community·UK£3.5b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 27 Fair Values set on narratives written by author

JMAT Share Price Performance

UK£20.74
7.75 (59.66%)
UK£24.20
Fair Value
UK£20.74
7.75 (59.66%)
14.3% undervalued intrinsic discount
UK£24.20
Fair Value
Price UK£20.74
AnalystHighTarget UK£24.20
AnalystConsensusTarget UK£21.13
AnalystLowTarget UK£19.00

JMAT Community Narratives

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Fair Value UK£24.2 14.3% undervalued intrinsic discount

Urbanization And Decarbonization Will Expand Clean Air Amid EV Headwinds

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Fair Value UK£21.13 1.8% undervalued intrinsic discount

Resilient Margins Will Face Headwinds Despite Improved Market Confidence This Year

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Fair Value UK£19 9.2% overvalued intrinsic discount

Automotive Electrification Will Shrink Clean Air Business Margins

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UK£21.13
1.8% undervalued intrinsic discount
Profit Margin
9.82%
Future PE
17.79x
Price in 2029
UK£26.85
UK£19
9.2% overvalued intrinsic discount
Profit Margin
10.71%
Future PE
15.5x
Price in 2029
UK£24.23

Trending Discussion

Updated Narratives

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JMAT: Future Returns Will Stay Measured As Reset Expectations Meet Large Cash Return

Fair Value: UK£21.13 1.8% undervalued intrinsic discount
13 users have set this as their fair value
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JMAT: Future Returns Will Reflect Cautious Ratings And Large Capital Return Plan

Fair Value: UK£19 9.2% overvalued intrinsic discount
1 users have set this as their fair value
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JMAT: Firmer Margins And Balanced Risk Profile Will Support Future Upside

Fair Value: UK£24.2 14.3% undervalued intrinsic discount
1 users have set this as their fair value
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Snowflake Analysis

Good value with adequate balance sheet.

2 Risks
2 Rewards

Johnson Matthey Plc Key Details

UK£11.7b

Revenue

UK£10.8b

Cost of Revenue

UK£912.0m

Gross Profit

UK£1.0b

Other Expenses

-UK£91.0m

Earnings

Last Reported Earnings
Sep 30, 2025
Next Reporting Earnings
May 28, 2026
-0.54
7.78%
-0.78%
70.3%
View Full Analysis

About JMAT

Founded
1817
Employees
10644
CEO
Liam Condon
WebsiteView website
matthey.com

Johnson Matthey Plc engages in the clean air, catalyst and hydrogen technology, and platinum group metals (PGM) service businesses in the United Kingdom, Germany, rest of Europe, the United States, rest of North America, China, rest of Asia, and internationally. It operates through Clean Air, PGM Services, Catalyst Technologies, and Hydrogen Technologies segments. The Clean Air segment provides catalysts for emission control after-treatment systems to reduce harmful emissions from cars, other light duty vehicles, trucks, buses, and non-road equipment powered by internal combustion engines. The PGM Services segment enables the energy transition that offers circular solutions as demand for critical materials. This segment also offers PGM refining and recycling services; engages in PGM trading activities; other precious metal products; and PGM chemicals, industrial products, and catalysts. The Catalyst Technologies segment is involved in decarbonization of chemical and fuel value chains; and licensing of process technology; and supply of catalysts to the chemical and energy sectors. This segment also provides specialty catalysts and additives; and engineering design services. The Hydrogen Technologies segment offers components across the value chain for fuel cells and electrolysers, including catalyst coated membranes and membrane electrode assemblies. The company was formerly known as Johnson & Cock and changed its name to Johnson Matthey Plc in 1851. Johnson Matthey Plc was founded in 1817 and is headquartered in London, the United Kingdom.

Recent JMAT News & Updates

JMAT: Future Returns Will Stay Measured As Reset Expectations Meet Large Cash Return

Analysts have lowered Johnson Matthey price targets to a range of £2,000 to £2,250, reflecting slightly softer margin assumptions and a modestly higher future P/E, while still seeing balanced risk and reward at current levels. Analyst Commentary Recent research points to a tighter valuation range for Johnson Matthey, with price targets now clustered between £2,000 and £2,250 and a mix of rating changes that highlight both upside potential and execution risks.

JMAT: Future Returns Will Stay Measured As Payouts Offset Rating Resets

Analysts have trimmed the Johnson Matthey fair value estimate from £22.42 to £21.13, reflecting a series of recent price target cuts and rating changes that suggest a more balanced risk and reward profile for the shares. Analyst Commentary Recent Street research on Johnson Matthey shows a cluster of price target cuts and a key rating downgrade, pointing to a more mixed setup where upside potential is more closely balanced against execution and valuation risks.

JMAT: Future Returns Will Reflect Cautious Ratings And Large Capital Return Plan

Analysts have trimmed their Johnson Matthey price targets, with recent adjustments such as Berenberg moving to £22.50 from £25.50 and Deutsche Bank to £21.20 from £24.00. These changes reflect reassessments of growth and margin assumptions, alongside a shift to Neutral ratings at some firms around the £20.00 level.

Recent updates

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