JEOL Ltd.

TSE:6951 Stock Report

Market Cap: JP¥289.5b

JEOL Valuation

Is 6951 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 6951 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6951 (¥5662) is trading below our estimate of fair value (¥19365.3)

Significantly Below Fair Value: 6951 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6951?

Key metric: As 6951 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6951. This is calculated by dividing 6951's market cap by their current earnings.
What is 6951's PE Ratio?
PE Ratio11.5x
EarningsJP¥25.10b
Market CapJP¥289.55b

Price to Earnings Ratio vs Peers

How does 6951's PE Ratio compare to its peers?

The above table shows the PE ratio for 6951 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.4x
6436 Amano
20.4x11.5%JP¥301.2b
6856 HORIBA
10.4x11.1%JP¥347.2b
268A Rigaku Holdings
20.7xn/aJP¥256.6b
7762 Citizen Watch
10.1x-0.4%JP¥220.0b
6951 JEOL
11.5x10.5%JP¥289.5b

Price-To-Earnings vs Peers: 6951 is good value based on its Price-To-Earnings Ratio (11.5x) compared to the peer average (15.4x).

Price to Earnings Ratio vs Industry

How does 6951's PE Ratio compare vs other companies in the JP Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6951 11.5xIndustry Avg. 13.2xNo. of Companies22PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6951 is good value based on its Price-To-Earnings Ratio (11.5x) compared to the JP Electronic industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is 6951'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.

6951 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.5x
Fair PE Ratio16.6x

Price-To-Earnings vs Fair Ratio: 6951 is good value based on its Price-To-Earnings Ratio (11.5x) compared to the estimated Fair Price-To-Earnings Ratio (16.6x).

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 6951 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥5,662.00
JP¥9,466.67
+67.2%
8.0%JP¥10,000.00JP¥8,400.00n/a3
Nov ’25JP¥5,685.00
JP¥9,433.33
+65.9%
8.5%JP¥10,000.00JP¥8,300.00n/a3
Oct ’25JP¥5,765.00
JP¥9,633.33
+67.1%
5.4%JP¥10,000.00JP¥8,900.00n/a3
Sep ’25JP¥6,544.00
JP¥9,700.00
+48.2%
4.4%JP¥10,000.00JP¥9,100.00n/a3
Aug ’25JP¥5,790.00
JP¥9,375.00
+61.9%
7.9%JP¥10,000.00JP¥8,200.00n/a4
Jul ’25JP¥7,185.00
JP¥9,375.00
+30.5%
7.9%JP¥10,000.00JP¥8,200.00n/a4
Jun ’25JP¥6,736.00
JP¥9,050.00
+34.4%
7.1%JP¥10,000.00JP¥8,200.00n/a4
May ’25JP¥6,491.00
JP¥8,262.50
+27.3%
4.0%JP¥8,800.00JP¥7,900.00n/a4
Apr ’25JP¥6,162.00
JP¥8,062.50
+30.8%
1.5%JP¥8,200.00JP¥7,900.00n/a4
Mar ’25JP¥6,652.00
JP¥7,270.00
+9.3%
14.5%JP¥8,200.00JP¥5,700.00n/a5
Feb ’25JP¥6,713.00
JP¥6,996.00
+4.2%
13.3%JP¥8,080.00JP¥5,700.00n/a5
Jan ’25JP¥6,190.00
JP¥6,936.00
+12.1%
14.2%JP¥8,080.00JP¥5,700.00n/a5
Dec ’24JP¥5,891.00
JP¥6,856.00
+16.4%
15.6%JP¥8,080.00JP¥5,600.00n/a5
Nov ’24JP¥4,829.00
JP¥6,197.00
+28.3%
16.6%JP¥8,000.00JP¥5,200.00JP¥5,685.005
Oct ’24JP¥4,458.00
JP¥6,277.00
+40.8%
16.9%JP¥8,000.00JP¥5,100.00JP¥5,765.005
Sep ’24JP¥4,663.00
JP¥6,421.25
+37.7%
16.4%JP¥8,000.00JP¥5,100.00JP¥6,544.004
Aug ’24JP¥4,897.00
JP¥6,462.50
+32.0%
16.4%JP¥8,000.00JP¥5,100.00JP¥5,790.004
Jul ’24JP¥5,094.00
JP¥6,337.50
+24.4%
19.4%JP¥8,000.00JP¥4,600.00JP¥7,185.004
Jun ’24JP¥4,825.00
JP¥6,050.00
+25.4%
20.4%JP¥8,000.00JP¥4,600.00JP¥6,736.004
May ’24JP¥4,010.00
JP¥5,387.50
+34.4%
29.8%JP¥8,000.00JP¥3,800.00JP¥6,491.004
Apr ’24JP¥4,245.00
JP¥5,387.50
+26.9%
29.8%JP¥8,000.00JP¥3,800.00JP¥6,162.004
Mar ’24JP¥4,220.00
JP¥5,387.50
+27.7%
29.8%JP¥8,000.00JP¥3,800.00JP¥6,652.004
Feb ’24JP¥3,765.00
JP¥5,850.00
+55.4%
41.6%JP¥10,000.00JP¥3,800.00JP¥6,713.004
Jan ’24JP¥3,590.00
JP¥6,887.50
+91.9%
28.8%JP¥10,000.00JP¥4,600.00JP¥6,190.004
Dec ’23JP¥4,565.00
JP¥6,887.50
+50.9%
28.8%JP¥10,000.00JP¥4,600.00JP¥5,891.004
Nov ’23JP¥5,460.00
JP¥8,120.00
+48.7%
18.1%JP¥10,000.00JP¥6,200.00JP¥4,829.005

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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