THK Co., Ltd.

DB:1TK Stock Report

Market Cap: €2.8b

THK Valuation

Is 1TK 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 1TK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1TK (€22.4) is trading below our estimate of fair value (€26.84)

Significantly Below Fair Value: 1TK 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 1TK?

Key metric: As 1TK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1TK. This is calculated by dividing 1TK's market cap by their current earnings.
What is 1TK's PE Ratio?
PE Ratio32.7x
EarningsJP¥13.51b
Market CapJP¥442.51b

Price to Earnings Ratio vs Peers

How does 1TK's PE Ratio compare to its peers?

The above table shows the PE ratio for 1TK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.9x
GIL DMG MORI
22.1xn/a€3.5b
KRN Krones
14.9x16.2%€3.7b
PFV Pfeiffer Vacuum Technology
24.7xn/a€1.5b
DUE Dürr
17.8x28.1%€1.5b
1TK THK
32.7x22.5%€442.5b

Price-To-Earnings vs Peers: 1TK is expensive based on its Price-To-Earnings Ratio (32.7x) compared to the peer average (19.9x).

Price to Earnings Ratio vs Industry

How does 1TK's PE Ratio compare vs other companies in the DE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
1TK 32.7xIndustry Avg. 14.9xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1TK is expensive based on its Price-To-Earnings Ratio (32.7x) compared to the German Machinery industry average (14.9x).

Price to Earnings Ratio vs Fair Ratio

What is 1TK'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.

1TK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.7x
Fair PE Ratio20.9x

Price-To-Earnings vs Fair Ratio: 1TK is expensive based on its Price-To-Earnings Ratio (32.7x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

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 1TK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€22.40
€23.36
+4.3%
20.9%€31.18€13.10n/a13
Nov ’25€14.90
€20.49
+37.5%
19.8%€25.84€12.92n/a13
Oct ’25€15.50
€21.89
+41.2%
19.2%€26.82€13.41n/a13
Sep ’25€16.30
€21.95
+34.7%
15.2%€26.08€14.90n/a13
Aug ’25€17.00
€21.31
+25.3%
13.1%€24.56€14.03n/a13
Jul ’25€16.50
€21.47
+30.1%
13.5%€24.89€14.22n/a12
Jun ’25€17.50
€21.35
+22.0%
13.8%€24.61€14.06n/a11
May ’25€20.20
€21.90
+8.4%
13.9%€25.76€14.72n/a11
Apr ’25€21.20
€21.64
+2.1%
15.2%€25.59€13.40n/a11
Mar ’25€20.20
€19.56
-3.1%
14.6%€24.58€13.52n/a12
Feb ’25€17.40
€18.65
+7.2%
13.9%€22.73€12.63n/a13
Jan ’25€17.30
€19.00
+9.8%
13.8%€23.22€12.90n/a13
Dec ’24€17.90
€18.02
+0.7%
13.5%€22.10€12.28n/a14
Nov ’24€16.80
€18.40
+9.5%
14.7%€22.79€12.66€14.9014
Oct ’24€16.90
€18.40
+8.9%
14.7%€22.79€12.66€15.5014
Sep ’24€16.60
€19.27
+16.1%
16.6%€24.71€12.67€16.3015
Aug ’24€17.70
€20.64
+16.6%
17.7%€27.48€13.42€17.0015
Jul ’24€18.30
€20.64
+12.8%
17.7%€27.48€13.42€16.5015
Jun ’24€19.20
€21.03
+9.6%
18.6%€28.52€13.93€17.5016
May ’24€19.90
€21.68
+8.9%
18.6%€28.00€14.34€20.2016
Apr ’24€20.60
€22.27
+8.1%
19.3%€29.10€14.90€21.2016
Mar ’24€21.40
€21.45
+0.2%
18.6%€27.79€14.59€20.2016
Feb ’24€18.80
€21.14
+12.4%
20.6%€29.23€14.83€17.4016
Jan ’24€17.50
€21.59
+23.4%
19.8%€29.26€15.55€17.3016
Dec ’23€18.60
€21.49
+15.6%
21.1%€29.95€15.32€17.9016
Nov ’23€17.30
€21.25
+22.9%
20.8%€29.51€15.10€16.8016

Analyst Forecast: Target price is less than 20% higher than the current share price.

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