JVCKENWOOD Corporation

TSE:6632 Stock Report

Market Cap: JP¥223.0b

JVCKENWOOD Valuation

Is 6632 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 6632 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6632 (¥1478) is trading below our estimate of fair value (¥2228.5)

Significantly Below Fair Value: 6632 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6632?

Key metric: As 6632 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6632. This is calculated by dividing 6632's market cap by their current earnings.
What is 6632's PE Ratio?
PE Ratio12.8x
EarningsJP¥17.36b
Market CapJP¥222.98b

Price to Earnings Ratio vs Peers

How does 6632's PE Ratio compare to its peers?

The above table shows the PE ratio for 6632 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.9x
6952 Casio ComputerLtd
16.8x12.6%JP¥245.4b
7740 TamronLtd
12.3x0.6%JP¥185.7b
7731 Nikon
24.9x24.3%JP¥639.7b
6794 Foster Electric Company
9.5x9.9%JP¥33.7b
6632 JVCKENWOOD
12.8x4.0%JP¥223.0b

Price-To-Earnings vs Peers: 6632 is good value based on its Price-To-Earnings Ratio (12.8x) compared to the peer average (15.9x).


Price to Earnings Ratio vs Industry

How does 6632's PE Ratio compare vs other companies in the JP Consumer Durables Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6632 12.8xIndustry Avg. 12.3xNo. of Companies12PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6632 is expensive based on its Price-To-Earnings Ratio (12.8x) compared to the JP Consumer Durables industry average (12.3x).


Price to Earnings Ratio vs Fair Ratio

What is 6632'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.

6632 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.8x
Fair PE Ratio13.1x

Price-To-Earnings vs Fair Ratio: 6632 is good value based on its Price-To-Earnings Ratio (12.8x) compared to the estimated Fair Price-To-Earnings Ratio (13.1x).


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 6632 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥1,478.00
JP¥1,475.00
-0.2%
15.3%JP¥1,700.00JP¥1,250.00n/a2
Nov ’25JP¥1,276.00
JP¥1,325.00
+3.8%
5.7%JP¥1,400.00JP¥1,250.00n/a2
Oct ’25JP¥1,338.00
JP¥1,325.00
-1.0%
5.7%JP¥1,400.00JP¥1,250.00n/a2
Sep ’25JP¥1,315.00
JP¥1,125.00
-14.4%
24.4%JP¥1,400.00JP¥850.00n/a2
Aug ’25JP¥860.00
JP¥1,025.00
+19.2%
17.1%JP¥1,200.00JP¥850.00n/a2
Jul ’25JP¥899.00
JP¥1,025.00
+14.0%
17.1%JP¥1,200.00JP¥850.00n/a2
Jun ’25JP¥862.00
JP¥1,000.00
+16.0%
20.0%JP¥1,200.00JP¥800.00n/a2
May ’25JP¥822.00
JP¥950.00
+15.6%
15.8%JP¥1,100.00JP¥800.00n/a2
Apr ’25JP¥926.00
JP¥950.00
+2.6%
15.8%JP¥1,100.00JP¥800.00n/a2
Mar ’25JP¥866.00
JP¥915.00
+5.7%
20.2%JP¥1,100.00JP¥730.00n/a2
Feb ’25JP¥722.00
JP¥840.00
+16.3%
13.1%JP¥950.00JP¥730.00n/a2
Jan ’25JP¥741.00
JP¥800.00
+8.0%
18.8%JP¥950.00JP¥650.00n/a2
Dec ’24JP¥783.00
JP¥800.00
+2.2%
18.8%JP¥950.00JP¥650.00n/a2
Nov ’24JP¥602.00
JP¥775.00
+28.7%
16.1%JP¥900.00JP¥650.00JP¥1,276.002
Oct ’24JP¥683.00
JP¥775.00
+13.5%
16.1%JP¥900.00JP¥650.00JP¥1,338.002
Sep ’24JP¥671.00
JP¥700.00
+4.3%
28.6%JP¥900.00JP¥500.00JP¥1,315.002
Aug ’24JP¥484.00
JP¥600.00
+24.0%
16.7%JP¥700.00JP¥500.00JP¥860.002
Jul ’24JP¥494.00
JP¥600.00
+21.5%
16.7%JP¥700.00JP¥500.00JP¥899.002
Jun ’24JP¥495.00
JP¥600.00
+21.2%
16.7%JP¥700.00JP¥500.00JP¥862.002
May ’24JP¥474.00
JP¥435.00
-8.2%
1.1%JP¥440.00JP¥430.00JP¥822.002
Apr ’24JP¥381.00
JP¥435.00
+14.2%
1.1%JP¥440.00JP¥430.00JP¥926.002
Mar ’24JP¥416.00
JP¥420.00
+1.0%
4.8%JP¥440.00JP¥400.00JP¥866.002
Feb ’24JP¥368.00
JP¥415.00
+12.8%
3.6%JP¥430.00JP¥400.00JP¥722.002
Jan ’24JP¥369.00
JP¥415.00
+12.5%
3.6%JP¥430.00JP¥400.00JP¥741.002
Dec ’23JP¥375.00
JP¥305.00
-18.7%
31.1%JP¥400.00JP¥210.00JP¥783.002
Nov ’23JP¥296.00
JP¥225.00
-24.0%
6.7%JP¥240.00JP¥210.00JP¥602.002

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


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