JTEK.F Stock Overview

Manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, home accessory equipment, etc. More details

JTEK.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	4/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 43.6% below our estimate of its fair value

Earnings are forecast to grow 19.84% per year

Earnings grew by 65.7% over the past year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

JTEKT Corporation Competitors

Dorman Products

NasdaqGS:DORM

US$3.8b

Visteon

NasdaqGS:VC

US$2.4b

Lear

NYSE:LEA

US$5.2b

Patrick Industries

NasdaqGS:PATK

US$2.8b

Price History & Performance

Summary of share price highs, lows and changes for JTEKT
Historical stock prices
Current Share Price	JP¥7.74
52 Week High	JP¥7.74
52 Week Low	JP¥6.61
Beta	0.91
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-7.19%

Recent updates

Shareholder Returns

	JTEK.F	US Auto Components	US Market
7D	0%	-3.4%	0.7%
1Y	n/a	-21.5%	23.0%

Return vs Industry: Insufficient data to determine how JTEK.F performed against the US Auto Components industry.

Return vs Market: Insufficient data to determine how JTEK.F performed against the US Market.

Price Volatility

Is JTEK.F's price volatile compared to industry and market?
JTEK.F volatility
JTEK.F Average Weekly Movement	n/a
Auto Components Industry Average Movement	6.3%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.9%
10% least volatile stocks in US Market	3.1%

Stable Share Price: JTEK.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine JTEK.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1921	46,053	Kazuhiro Sato	www.jtekt.co.jp

JTEKT Corporation manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, home accessory equipment, etc. It offers steering systems, such as electric power steering, hydraulic power steering, and units/components; driveline components, including driveshaft, propeller shaft, spider, couplings, and Torsen limited slip differential products; wheels, such as hub units; engine and peripheral parts that include damper pulley and drive plates; and transmission products, such as electric pump for idle-stop system, shifters, and solenoid valves. The company also provides sensor systems comprising peripherals for social infrastructures; products for the research and development field, including semiconductor transducers, load cells, DC amplifiers, and pressure transducer for welding guns and indicators; medical equipment, such as pressure sensors for dialyzers; and heat-resistant lithium-ion capacitors. In addition, it offers ball and roller bearings; and oil seals and precision mechanical equipments.

JTEKT Corporation Fundamentals Summary

How do JTEKT's earnings and revenue compare to its market cap?
JTEK.F fundamental statistics
Market cap	US$3.15b
Earnings (TTM)	US$241.78m
Revenue (TTM)	US$11.84b

13.0x

P/E Ratio

0.3x

P/S Ratio

Is JTEK.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JTEK.F income statement (TTM)
Revenue	JP¥1.68t
Cost of Revenue	JP¥1.42t
Gross Profit	JP¥255.15b
Other Expenses	JP¥220.87b
Earnings	JP¥34.28b

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

Jul 28, 2023

Earnings per share (EPS)	99.94
Gross Margin	15.20%
Net Profit Margin	2.04%
Debt/Equity Ratio	36.4%

How did JTEK.F perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

30%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/07/24 04:39
End of Day Share Price	2023/04/26 00:00
Earnings	2023/03/31
Annual Earnings	2023/03/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

JTEKT Corporation is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hideyuki Mizuno	BofA Global Research
Morten Paulsen	CLSA
Shinji Kuroda	Credit Suisse