JTEKT Corporation

DB:6JK Stock Report

Market Cap: €2.3b

JTEKT Valuation

Is 6JK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 6JK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6JK (€6.6) is trading below our estimate of fair value (€17.8)

Significantly Below Fair Value: 6JK is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6JK?

Key metric: As 6JK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6JK. This is calculated by dividing 6JK's market cap by their current earnings.
What is 6JK's PE Ratio?
PE Ratio15.9x
EarningsJP¥23.37b
Market CapJP¥371.13b

Price to Earnings Ratio vs Peers

How does 6JK's PE Ratio compare to its peers?

The above table shows the PE ratio for 6JK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.7x
SHA0 Schaeffler
29.7x71.5%€4.3b
HLE HELLA GmbH KGaA
28.6x17.1%€9.4b
SFQ SAF-Holland
8.2x14.3%€630.1m
CON Continental
12.4x23.4%€12.5b
6JK JTEKT
15.9x30.6%€371.1b

Price-To-Earnings vs Peers: 6JK is good value based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (19.7x).

Price to Earnings Ratio vs Industry

How does 6JK's PE Ratio compare vs other companies in the European Auto Components Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
6JK 15.9xIndustry Avg. 9.2xNo. of Companies8PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6JK is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the European Auto Components industry average (9.2x).

Price to Earnings Ratio vs Fair Ratio

What is 6JK'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.

6JK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ratio11.1x

Price-To-Earnings vs Fair Ratio: 6JK is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (11.1x).

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 6JK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€6.60
€8.48
+28.4%
7.5%€9.30€7.75n/a3
Nov ’25€6.30
€8.24
+30.9%
7.5%€9.05€7.54n/a3
Oct ’25€6.40
€10.20
+59.3%
6.3%€10.83€9.56n/a2
Sep ’25€6.95
€8.97
+29.0%
15.0%€10.51€6.80n/a4
Aug ’25€6.40
€9.90
+54.6%
23.6%€13.88€6.64n/a5
Jul ’25€6.50
€9.98
+53.6%
17.4%€13.35€8.70n/a5
Jun ’25€6.65
€10.46
+57.4%
17.4%€13.99€9.13n/a5
May ’25€7.25
€10.46
+44.3%
17.4%€13.99€9.13n/a5
Apr ’25€8.65
€10.87
+25.7%
17.5%€14.08€9.19n/a4
Mar ’25€8.70
€10.87
+24.9%
17.5%€14.08€9.19n/a4
Feb ’25€8.45
€10.16
+20.2%
1.6%€10.32€10.00n/a2
Jan ’25€7.55
€10.16
+34.5%
1.6%€10.32€10.00n/a2
Dec ’24€8.45
€10.13
+19.9%
6.5%€11.05€9.52n/a3
Nov ’24€7.80
€10.67
+36.7%
9.2%€12.04€9.82€6.303
Oct ’24€8.90
€10.67
+19.8%
9.2%€12.04€9.82€6.403
Sep ’24€8.45
€10.67
+26.2%
9.2%€12.04€9.82€6.953
Aug ’24€8.75
€9.29
+6.1%
18.6%€10.80€6.35€6.404
Jul ’24€8.10
€8.58
+6.0%
19.1%€10.96€6.44€6.505
Jun ’24€7.50
€8.47
+12.9%
17.8%€11.35€6.67€6.656
May ’24€7.30
€7.88
+8.0%
17.8%€9.48€5.56€7.256
Apr ’24€6.90
€8.26
+19.7%
18.0%€9.74€5.71€8.656
Mar ’24€6.95
€8.26
+18.8%
18.0%€9.74€5.71€8.706
Feb ’24€6.65
€8.59
+29.1%
17.7%€10.12€6.00€8.456
Jan ’24€6.45
€8.76
+35.7%
16.6%€9.97€6.05€7.555
Dec ’23€6.85
€8.36
+22.0%
15.6%€9.75€6.27€8.454
Nov ’23€6.90
€8.00
+15.9%
14.0%€8.85€6.13€7.804

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Valeo

€2.0b

Designs, produces, and sells products and systems for automakers in France, other European countries, Africa, North America, South America, and Asia.

VSA

€3.82

7D

-9.0%

1Y

n/a

Volvo Car AB (publ.)

SEK 71.8b

Designs, develops, manufactures, assembles, and sells passenger cars in Sweden and internationally.

8JO1

SEK 2.13

7D

5.7%

1Y

n/a

Toyoda Gosei

JP¥325.3b

Manufactures and sells automotive parts, optoelectronic products, and general industry products.

11T

JP¥15.60

7D

-1.9%

1Y

-15.2%