Murata Manufacturing Co., Ltd.

DB:MUR1 Stock Report

Market Cap: €32.1b

Murata Manufacturing Valuation

Is MUR1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 MUR1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MUR1 (€16.63) is trading below our estimate of fair value (€16.74)

Significantly Below Fair Value: MUR1 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 MUR1?

Other financial metrics that can be useful for relative valuation.

MUR1 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3x
Enterprise Value/EBITDA11.1x
PEG Ratio1.8x

Price to Earnings Ratio vs Peers

How does MUR1's PE Ratio compare to its peers?

The above table shows the PE ratio for MUR1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.1x
GLW Corning
46.1x20.6%US$26.8b
000725 BOE Technology Group
67.3x46.9%CN¥161.0b
2308 Delta Electronics
25x11.7%NT$818.2b
002475 Luxshare Precision Industry
18.1x19.1%CN¥206.7b
MUR1 Murata Manufacturing
30x16.7%€5.4t

Price-To-Earnings vs Peers: MUR1 is good value based on its Price-To-Earnings Ratio (30x) compared to the peer average (39x).


Price to Earnings Ratio vs Industry

How does MUR1's PE Ratio compare vs other companies in the European Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a38.9%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a38.9%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: MUR1 is expensive based on its Price-To-Earnings Ratio (30x) compared to the European Electronic industry average (19.1x).


Price to Earnings Ratio vs Fair Ratio

What is MUR1'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.

MUR1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30x
Fair PE Ratio22.6x

Price-To-Earnings vs Fair Ratio: MUR1 is expensive based on its Price-To-Earnings Ratio (30x) compared to the estimated Fair Price-To-Earnings Ratio (22.6x).


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 MUR1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€16.63
€20.06
+20.7%
5.3%€21.31€17.76n/a18
Apr ’25€17.13
€20.60
+20.3%
5.2%€22.04€18.37n/a18
Mar ’25€18.48
€20.56
+11.3%
5.1%€22.15€18.46n/a16
Feb ’25€19.08
€20.70
+8.5%
4.9%€22.10€18.68n/a15
Jan ’25€18.94
€20.93
+10.5%
4.1%€22.57€19.35n/a14
Dec ’24€17.47
€19.67
+12.6%
7.5%€21.91€15.65n/a15
Nov ’24€16.97
€19.27
+13.6%
8.3%€21.95€15.68n/a16
Oct ’24€17.20
€19.62
+14.0%
8.6%€22.15€15.82n/a16
Sep ’24€17.07
€19.58
+14.7%
8.4%€22.20€15.86n/a17
Aug ’24€18.25
€19.57
+7.2%
9.3%€22.37€14.49n/a18
Jul ’24€17.29
€19.46
+12.6%
8.9%€22.56€14.61n/a18
Jun ’24€18.19
€19.75
+8.6%
10.3%€23.36€15.13n/a18
May ’24€17.21
€19.74
+14.7%
9.7%€23.31€15.54n/a18
Apr ’24€18.17
€20.93
+15.2%
9.5%€24.64€16.43€17.1318
Mar ’24€16.66
€20.12
+20.8%
9.6%€23.06€16.14€18.4818
Feb ’24€17.82
€20.52
+15.1%
9.5%€23.55€17.19€19.0818
Jan ’24€15.25
€21.13
+38.5%
18.2%€34.60€17.07€18.9417
Dec ’23€17.43
€21.11
+21.1%
18.2%€34.36€16.95€17.4717
Nov ’23€16.00
€21.14
+32.2%
18.8%€34.16€15.49€16.9717
Oct ’23€15.73
€23.22
+47.6%
16.3%€35.98€17.75€17.2018
Sep ’23€17.53
€23.98
+36.8%
17.5%€36.50€18.01€17.0718
Aug ’23€18.95
€24.46
+29.1%
17.1%€36.55€18.76€18.2518
Jul ’23€17.16
€24.39
+42.1%
15.1%€35.05€18.69€17.2919
Jun ’23€19.92
€25.19
+26.4%
14.4%€36.05€19.71€18.1920
May ’23€18.75
€25.63
+36.7%
14.1%€36.36€19.88€17.2120
Apr ’23€19.69
€26.78
+36.1%
13.6%€37.25€20.37€18.1719

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


Discover undervalued companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.