Jardine Matheson Holdings Limited

OTCPK:JARL.F Stock Report

Market Cap: US$12.3b

Jardine Matheson Holdings Valuation

Is JARL.F 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JARL.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$61.92
Fair Value
33.0% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: JARL.F ($41.46) is trading below our estimate of fair value ($61.92)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JARL.F?

Key metric: As JARL.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for JARL.F. This is calculated by dividing JARL.F's market cap by their current revenue.
What is JARL.F's PS Ratio?
PS Ratio0.3x
SalesUS$35.78b
Market CapUS$12.32b

Price to Sales Ratio vs Peers

How does JARL.F's PS Ratio compare to its peers?

The above table shows the PS ratio for JARL.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1x
BBU Brookfield Business Partners
0.1x-64.4%US$5.0b
IEP Icahn Enterprises
0.5x2.3%US$5.1b
BBUC Brookfield Business
0.2xn/aUS$1.9b
MMM 3M
3.3x2.1%US$81.6b
JARL.F Jardine Matheson Holdings
0.3x3.5%US$12.3b

Price-To-Sales vs Peers: JARL.F is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

How does JARL.F's PS Ratio compare vs other companies in the US Industrials Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
BBU Brookfield Business Partners
0.1x-64.4%US$4.96b
BBUC Brookfield Business
0.2xn/aUS$1.93b
EFSH 1847 Holdings
0.05xn/aUS$3.55m
GPUS Hyperscale Data
0.02xn/aUS$2.69m
JARL.F 0.3xIndustry Avg. 0.7xNo. of Companies5PS012345+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: JARL.F is good value based on its Price-To-Sales Ratio (0.3x) compared to the Global Industrials industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is JARL.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JARL.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate JARL.F's Price-To-Sales Fair Ratio for valuation analysis.

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 JARL.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$41.46
US$45.79
+10.4%
8.1%US$51.00US$38.00n/a7
Mar ’26US$39.58
US$44.77
+13.1%
8.8%US$50.00US$38.00n/a7
Feb ’26US$40.00
US$43.93
+9.8%
9.1%US$50.00US$38.00n/a6
Jan ’26US$40.86
US$44.23
+8.3%
9.6%US$51.00US$38.00n/a6
Dec ’25US$41.14
US$44.23
+7.5%
9.6%US$51.00US$38.00n/a6
Nov ’25n/a
US$42.07
0%
8.3%US$47.30US$38.00n/a6
Oct ’25US$38.50
US$40.67
+5.6%
5.3%US$43.80US$38.00n/a6
Sep ’25US$35.90
US$40.67
+13.3%
5.3%US$43.80US$38.00n/a6
Aug ’25n/a
US$44.34
0%
10.3%US$49.50US$38.00n/a5
Jul ’25US$36.61
US$44.96
+22.8%
8.5%US$49.50US$40.50n/a5
Jun ’25US$36.85
US$44.96
+22.0%
8.5%US$49.50US$40.50n/a5
May ’25US$38.02
US$44.96
+18.2%
8.5%US$49.50US$40.50n/a5
Apr ’25US$36.48
US$44.96
+23.2%
8.5%US$49.50US$40.50n/a5
Mar ’25US$41.75
US$51.50
+23.4%
16.7%US$64.00US$40.50US$39.585
Feb ’25US$41.25
US$54.89
+33.1%
11.2%US$64.00US$44.75US$40.005
Jan ’25US$42.50
US$54.89
+29.2%
11.2%US$64.00US$44.75US$40.865
Dec ’24US$39.50
US$54.89
+39.0%
11.2%US$64.00US$44.75US$41.145
Nov ’24US$40.25
US$56.84
+41.2%
8.3%US$64.00US$50.50n/a5
Oct ’24US$46.65
US$56.84
+21.8%
8.3%US$64.00US$50.50US$38.505
Sep ’24US$47.86
US$57.80
+20.8%
7.7%US$64.00US$50.50US$35.905
Aug ’24US$48.50
US$57.80
+19.2%
7.7%US$64.00US$50.50n/a5
Jul ’24US$50.18
US$62.46
+24.5%
7.4%US$68.00US$54.00US$36.615
Jun ’24US$48.94
US$62.46
+27.6%
7.4%US$68.00US$54.00US$36.855
May ’24US$48.75
US$62.05
+27.3%
6.9%US$68.00US$54.00US$38.026
Apr ’24US$48.60
US$64.55
+32.8%
11.9%US$79.00US$54.00US$36.486
Mar ’24US$49.20
US$63.37
+28.8%
12.3%US$79.00US$53.00US$41.756
Analyst Price Target
Consensus Narrative from 7 Analysts
US$44.94
Fair Value
7.7% undervalued intrinsic discount
7
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/23 21:11
End of Day Share Price 2025/03/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Jardine Matheson Holdings Limited is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Boon Chong TngCGS International
Shui Lung ChoiCitigroup Inc
Leif EskesenCLSA