JTEKT Corporation

TSE:6473 Stock Report

Market Cap: JP¥372.0b

JTEKT Valuation

Is 6473 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 6473 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6473 (¥1088.5) is trading below our estimate of fair value (¥3002.47)

Significantly Below Fair Value: 6473 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6473?

Key metric: As 6473 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6473. This is calculated by dividing 6473's market cap by their current earnings.
What is 6473's PE Ratio?
PE Ratio16x
EarningsJP¥23.37b
Market CapJP¥371.98b

Price to Earnings Ratio vs Peers

How does 6473's PE Ratio compare to its peers?

The above table shows the PE ratio for 6473 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.4x
7988 Nifco
21.8x21.8%JP¥353.7b
3116 Toyota Boshoku
8.3x10.6%JP¥353.3b
5991 NHK Spring
8.4x1.6%JP¥381.1b
7282 Toyoda Gosei
7x3.7%JP¥324.3b
6473 JTEKT
16x30.6%JP¥372.0b

Price-To-Earnings vs Peers: 6473 is expensive based on its Price-To-Earnings Ratio (16x) compared to the peer average (11.4x).

Price to Earnings Ratio vs Industry

How does 6473's PE Ratio compare vs other companies in the JP Auto Components Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6473 16.0xIndustry Avg. 9.2xNo. of Companies15PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6473 is expensive based on its Price-To-Earnings Ratio (16x) compared to the JP Auto Components industry average (9.2x).

Price to Earnings Ratio vs Fair Ratio

What is 6473'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.

6473 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16x
Fair PE Ratio14.4x

Price-To-Earnings vs Fair Ratio: 6473 is expensive based on its Price-To-Earnings Ratio (16x) compared to the estimated Fair Price-To-Earnings Ratio (14.4x).

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 6473 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥1,088.50
JP¥1,366.67
+25.6%
7.5%JP¥1,500.00JP¥1,250.00n/a3
Nov ’25JP¥1,057.50
JP¥1,366.67
+29.2%
7.5%JP¥1,500.00JP¥1,250.00n/a3
Oct ’25JP¥1,040.00
JP¥1,600.00
+53.8%
6.3%JP¥1,700.00JP¥1,500.00n/a2
Sep ’25JP¥1,122.00
JP¥1,450.00
+29.2%
15.0%JP¥1,700.00JP¥1,100.00n/a4
Aug ’25JP¥1,037.00
JP¥1,640.00
+58.1%
23.6%JP¥2,300.00JP¥1,100.00n/a5
Jul ’25JP¥1,134.00
JP¥1,720.00
+51.7%
17.4%JP¥2,300.00JP¥1,500.00n/a5
Jun ’25JP¥1,138.00
JP¥1,720.00
+51.1%
17.4%JP¥2,300.00JP¥1,500.00n/a5
May ’25JP¥1,215.00
JP¥1,720.00
+41.6%
17.4%JP¥2,300.00JP¥1,500.00n/a5
Apr ’25JP¥1,365.50
JP¥1,775.00
+30.0%
17.5%JP¥2,300.00JP¥1,500.00n/a4
Mar ’25JP¥1,417.50
JP¥1,775.00
+25.2%
17.5%JP¥2,300.00JP¥1,500.00n/a4
Feb ’25JP¥1,344.50
JP¥1,575.00
+17.1%
1.6%JP¥1,600.00JP¥1,550.00n/a2
Jan ’25JP¥1,193.50
JP¥1,575.00
+32.0%
1.6%JP¥1,600.00JP¥1,550.00n/a2
Dec ’24JP¥1,375.00
JP¥1,650.00
+20.0%
6.5%JP¥1,800.00JP¥1,550.00n/a3
Nov ’24JP¥1,258.50
JP¥1,683.33
+33.8%
9.2%JP¥1,900.00JP¥1,550.00JP¥1,057.503
Oct ’24JP¥1,411.00
JP¥1,683.33
+19.3%
9.2%JP¥1,900.00JP¥1,550.00JP¥1,040.003
Sep ’24JP¥1,345.00
JP¥1,683.33
+25.2%
9.2%JP¥1,900.00JP¥1,550.00JP¥1,122.003
Aug ’24JP¥1,359.50
JP¥1,462.50
+7.6%
18.6%JP¥1,700.00JP¥1,000.00JP¥1,037.004
Jul ’24JP¥1,305.00
JP¥1,332.00
+2.1%
19.1%JP¥1,700.00JP¥1,000.00JP¥1,134.005
Jun ’24JP¥1,145.00
JP¥1,268.33
+10.8%
17.8%JP¥1,700.00JP¥1,000.00JP¥1,138.006
May ’24JP¥1,153.00
JP¥1,163.33
+0.9%
17.8%JP¥1,400.00JP¥820.00JP¥1,215.006
Apr ’24JP¥1,021.00
JP¥1,186.67
+16.2%
18.0%JP¥1,400.00JP¥820.00JP¥1,365.506
Mar ’24JP¥1,030.00
JP¥1,186.67
+15.2%
18.0%JP¥1,400.00JP¥820.00JP¥1,417.506
Feb ’24JP¥963.00
JP¥1,188.33
+23.4%
17.7%JP¥1,400.00JP¥830.00JP¥1,344.506
Jan ’24JP¥929.00
JP¥1,230.00
+32.4%
16.6%JP¥1,400.00JP¥850.00JP¥1,193.505
Dec ’23JP¥994.00
JP¥1,200.00
+20.7%
15.6%JP¥1,400.00JP¥900.00JP¥1,375.004
Nov ’23JP¥1,033.00
JP¥1,175.00
+13.7%
14.0%JP¥1,300.00JP¥900.00JP¥1,258.504

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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