TDK Corporation

DB:TDK Stock Report

Market Cap: €23.1b

TDK Valuation

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

Discounted Cash Flow
Simply Wall St
€13.30
Fair Value
8.3% undervalued intrinsic discount
17
Number of Analysts

Below Fair Value: TDK (€12.2) is trading below our estimate of fair value (€13.3)

Significantly Below Fair Value: TDK 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 TDK?

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

The above table shows the Price to Earnings ratio for TDK. This is calculated by dividing TDK's market cap by their current earnings.
What is TDK's PE Ratio?
PE Ratio21.4x
EarningsJP¥176.21b
Market CapJP¥3.78t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TDK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.7x
2308 Delta Electronics
30x15.5%NT$1.1t
6981 Murata Manufacturing
26.1x15.5%JP¥4.8t
000725 BOE Technology Group
34.2x43.5%CN¥159.3b
6971 Kyocera
28.6x16.6%JP¥2.3t
TDK TDK
21.4x9.4%€3.8t

Price-To-Earnings vs Peers: TDK is good value based on its Price-To-Earnings Ratio (21.4x) compared to the peer average (29.7x).

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TDK 21.4xIndustry Avg. 20.2xNo. of Companies15PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TDK is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the European Electronic industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is TDK'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.

TDK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.4x
Fair PE Ratio15.4x

Price-To-Earnings vs Fair Ratio: TDK is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.4x).

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 TDK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€12.20
€13.91
+14.0%
10.2%€16.49€10.38n/a17
Jan ’26€12.50
€14.26
+14.1%
10.2%€16.91€10.65n/a17
Dec ’25€12.00
€14.26
+18.9%
10.2%€16.91€10.65n/a17
Nov ’25€11.08
€13.56
+22.4%
12.5%€16.29€9.65n/a17
Oct ’25€12.13
€14.19
+17.0%
13.0%€16.99€10.07n/a16
Sep ’25€12.13
€13.48
+11.1%
18.7%€16.77€7.70n/a15
Aug ’25€12.00
€12.91
+7.6%
19.9%€16.71€7.67n/a15
Jul ’25€11.50
€10.26
-10.8%
14.6%€13.28€7.29n/a17
Jun ’25€9.16
€9.98
+8.9%
12.5%€11.79€7.31n/a17
May ’25€8.35
€9.88
+18.3%
11.9%€11.25€7.34n/a17
Apr ’25€8.92
€9.89
+10.9%
14.9%€11.67€5.90n/a17
Mar ’25€9.72
€9.74
+0.2%
15.1%€11.67€5.89n/a17
Feb ’25€10.00
€9.53
-4.7%
13.7%€11.32€6.04n/a17
Jan ’25€8.52
€9.01
+5.7%
13.0%€10.41€6.10€12.5017
Dec ’24€8.40
€8.60
+2.4%
12.7%€10.16€5.95€12.0018
Nov ’24€7.08
€8.16
+15.3%
9.5%€9.03€6.02€11.0818
Oct ’24€6.96
€8.20
+17.8%
9.5%€9.12€6.08€12.1318
Sep ’24€6.60
€8.06
+22.1%
11.3%€9.07€5.92€12.1319
Aug ’24€7.00
€8.46
+20.8%
12.7%€10.09€6.00€12.0019
Jul ’24€7.00
€8.22
+17.5%
12.3%€10.01€5.95€11.5019
Jun ’24€7.20
€8.16
+13.4%
11.7%€9.51€6.29€9.1618
May ’24€6.16
€8.06
+30.9%
11.5%€9.46€6.26€8.3517
Apr ’24€6.47
€8.54
+32.1%
9.3%€9.81€6.59€8.9218
Mar ’24€6.37
€8.47
+32.9%
9.5%€9.74€6.54€9.7218
Feb ’24€6.54
€8.69
+33.0%
9.6%€9.90€6.64€10.0017
Jan ’24€6.07
€8.54
+40.6%
9.9%€9.66€6.49€8.5217
Analyst Price Target
Consensus Narrative from 17 Analysts
€13.96
Fair Value
12.6% undervalued intrinsic discount
17
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 04:19
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

TDK Corporation is covered by 31 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George ChangAletheia Analyst Network Limited
Masaru KoshitaBarclays
Masahiro WakasugiBNP Paribas Securities (Asia)