Yokogawa Electric Corporation

DB:YKE Stock Report

Market Cap: €5.5b

Yokogawa Electric Valuation

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

Below Fair Value: YKE (€20.6) is trading below our estimate of fair value (€25.77)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for YKE. This is calculated by dividing YKE's market cap by their current earnings.
What is YKE's PE Ratio?
PE Ratio17.3x
EarningsJP¥51.21b
Market CapJP¥886.04b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for YKE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.7x
JEN Jenoptik
14.1x12.3%€1.2b
S9I Stemmer Imaging
29x23.1%€349.7m
M7U Nynomic
12.2x17.5%€117.4m
FEV FORTEC Elektronik
11.5x14.2%€60.8m
YKE Yokogawa Electric
17.3x5.4%€886.0b

Price-To-Earnings vs Peers: YKE is expensive based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (16.7x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
YKE 17.3xIndustry Avg. 17.6xNo. of Companies17PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: YKE is good value based on its Price-To-Earnings Ratio (17.3x) compared to the European Electronic industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is YKE'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.

YKE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.3x
Fair PE Ratio11.8x

Price-To-Earnings vs Fair Ratio: YKE is expensive based on its Price-To-Earnings Ratio (17.3x) compared to the estimated Fair Price-To-Earnings Ratio (11.8x).

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 YKE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€20.60
€27.79
+34.9%
8.5%€30.87€24.08n/a7
Nov ’25€20.20
€28.20
+39.6%
8.0%€31.39€24.48n/a7
Oct ’25€22.80
€28.20
+23.7%
8.0%€31.39€24.48n/a7
Sep ’25€25.20
€27.80
+10.3%
8.6%€30.95€24.14n/a6
Aug ’25€22.60
€25.13
+11.2%
9.1%€28.66€22.36n/a6
Jul ’25€22.60
€24.32
+7.6%
10.4%€28.27€19.44n/a7
Jun ’25€24.00
€23.50
-2.1%
13.3%€28.30€19.46n/a7
May ’25€20.80
€21.92
+5.4%
10.0%€26.18€20.09n/a7
Apr ’25€21.00
€21.32
+1.5%
9.6%€24.67€18.50n/a7
Mar ’25€19.80
€21.33
+7.7%
11.6%€24.51€18.07n/a8
Feb ’25€17.90
€20.34
+13.7%
14.1%€24.79€16.11n/a8
Jan ’25€17.00
€20.34
+19.7%
14.1%€24.79€16.11n/a8
Dec ’24€17.20
€20.34
+18.3%
14.1%€24.79€16.11n/a8
Nov ’24€17.10
€19.64
+14.8%
10.3%€22.84€16.50€20.208
Oct ’24€18.10
€19.64
+8.5%
10.3%€22.84€16.50€22.808
Sep ’24€18.50
€18.74
+1.3%
8.5%€20.09€15.94€25.208
Aug ’24€17.20
€18.57
+8.0%
8.4%€20.33€16.13€22.608
Jul ’24€16.70
€18.57
+11.2%
8.4%€20.33€16.13€22.608
Jun ’24€17.60
€18.78
+6.7%
9.6%€21.49€16.79€24.008
May ’24€14.60
€17.39
+19.1%
13.2%€21.84€13.87€20.808
Apr ’24€14.70
€17.62
+19.9%
14.5%€21.69€13.77€21.008
Mar ’24€14.40
€17.62
+22.4%
14.5%€21.69€13.77€19.808
Feb ’24€15.80
€20.34
+28.7%
8.3%€22.26€17.67€17.908
Jan ’24€14.80
€20.34
+37.4%
8.3%€22.26€17.67€17.008
Dec ’23€17.80
€19.95
+12.1%
9.1%€21.94€16.79€17.208
Nov ’23€16.80
€19.18
+14.2%
8.6%€21.52€16.47€17.108

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

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