JFE Holdings, Inc.

DB:JFR Stock Report

Market Cap: €7.4b

JFE Holdings Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: JFR (€11.3) is trading above our estimate of future cash flow value (€10.8)

Significantly Below Future Cash Flow Value: JFR is trading above our estimate of future cash flow value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for JFR. This is calculated by dividing JFR's market cap by their current earnings.
What is JFR's PE Ratio?
PE Ratio17.9x
EarningsJP¥76.06b
Market CapJP¥1.36t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for JFR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.2x
TKA thyssenkrupp
15.1x20.91%€7.0b
EIS Eisen- und Hüttenwerke
43.9xn/a€359.0m
NDA Aurubis
12.3x-4.65%€6.6b
EVK Evonik Industries
65.6x27.06%€6.2b
JFR JFE Holdings
17.9x20.05%€1.4t

Price-To-Earnings vs Peers: JFR is good value based on its Price-To-Earnings Ratio (17.9x) compared to the peer average (34.2x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does JFR's PE Ratio compare vs other companies in the European Metals and Mining Industry?

18 CompaniesPrice / EarningsEstimated GrowthMarket Cap
JFR 17.9xIndustry Avg. 19.2xNo. of Companies18PE01020304050+
18 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: JFR is good value based on its Price-To-Earnings Ratio (17.9x) compared to the European Metals and Mining industry average (19.2x).

Price to Earnings Ratio vs Fair Ratio

What is JFR'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.

JFR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.9x
Fair PE Ratio24x

Price-To-Earnings vs Fair Ratio: JFR is good value based on its Price-To-Earnings Ratio (17.9x) compared to the estimated Fair Price-To-Earnings Ratio (24x).

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 JFR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€11.30
€11.11
-1.71%
7.04%€11.94€9.50n/a10
Jan ’27€10.70
€10.86
+1.46%
5.74%€12.01€9.59n/a10
Dec ’26€10.40
€10.71
+2.95%
3.91%€11.03€9.65n/a10
Nov ’26€9.70
€10.79
+11.20%
5.47%€11.22€9.54n/a10
Oct ’26€10.10
€11.20
+10.93%
5.90%€11.99€9.85n/a10
Sep ’26€10.70
€10.89
+1.75%
6.88%€12.03€9.88n/a10
Aug ’26€10.10
€10.84
+7.30%
6.88%€11.98€9.84n/a10
Jul ’26€9.65
€11.11
+15.16%
7.43%€12.78€10.11n/a9
Jun ’26€10.40
€11.58
+11.31%
6.80%€13.12€10.68n/a9
May ’26€10.20
€11.61
+13.85%
6.80%€13.16€10.71n/a9
Apr ’26€11.20
€12.11
+8.11%
8.87%€14.19€10.84n/a9
Mar ’26€11.90
€12.40
+4.20%
8.04%€14.54€10.89n/a9
Feb ’26€11.10
€12.11
+9.09%
8.39%€14.12€10.57n/a9
Jan ’26€10.80
€13.07
+21.02%
20.95%€19.87€11.01€10.708
Dec ’25€10.60
€14.02
+32.23%
18.79%€20.36€11.28€10.408
Nov ’25€10.90
€13.98
+28.23%
15.73%€19.59€12.06€9.708
Oct ’25€11.80
€14.77
+25.20%
13.84%€19.54€12.99€10.108
Sep ’25€12.30
€15.87
+29.00%
13.01%€19.56€13.00€10.708
Aug ’25€12.90
€16.22
+25.73%
8.92%€18.93€13.78€10.109
Jul ’25€13.30
€16.09
+20.99%
9.46%€19.11€13.57€9.659
Jun ’25€13.80
€16.25
+17.73%
9.48%€19.02€13.50€10.409
May ’25€13.90
€16.45
+18.37%
11.28%€19.49€12.64€10.209
Apr ’25€15.10
€16.57
+9.72%
11.10%€19.80€12.83€11.2010
Mar ’25€15.20
€15.30
+0.68%
8.82%€17.25€12.84€11.9010
Feb ’25€14.60
€15.36
+5.24%
8.80%€17.66€13.15€11.1010
Jan ’25€13.90
€15.40
+10.81%
8.65%€17.92€13.34€10.8010
€10.81
Fair Value
4.5% overvalued intrinsic discount
10
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/25 03:39
End of Day Share Price 2026/01/23 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

JFE Holdings, Inc. is covered by 22 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takashi EnomotoBofA Global Research
Minami MunakataCitigroup Inc
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