Komatsu (6301.T)
Industrials · Tokyo · Japan
Fundamentals
Valuation and ratings
Komatsu trades at ¥6,275.00, which is 38% above the ¥3,896.10 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 53 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 15.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Komatsu
Komatsu Ltd. engages in the manufacturing and sale of construction, mining, utility, forestry, and industrial machinery worldwide. It operates in three segments: Construction Machinery and Vehicles, Retail Finance, and Industrial Machinery and Others. The company offers construction and mining equipment, such as hydraulic and mini excavators, bulldozers, wheel loaders, dump trucks, rope and hybrid shovels, continuous miners, and jumbo drills; and demolition, waste, and recycling equipment, including mini shovels, mobile crushers, and hydraulic excavators with a cutter, pulverizer, and magnet. It also provides forklifts and motor graders; excavators with harvesting head, mini excavators with grapple, harvesters, forwarders, and feller bunchers; counterbalance type electric forklifts and internal combustion forklifts; and industrial machinery equipment comprising presses, transfer machines, battery manufacturing equipment, wire saws, thermo modules, thermoelectric generation module, EH sensor device, temperature control products, and press brakes and laser cutting sheet-metal machinery. In addition, the company offers industry equipment consisting of tunnel boring machines, pipe layers, towing tractors, and engines. Further, it is involved in rent construction machinery; lease a portion of the land and building; businesses related to transportation, warehousing, and packaging; sale financing for mining machinery; and development, sale, and servicing of forging and sheet metal. Komatsu Ltd. was founded in 1884 and is headquartered in Tokyo, Japan.
6301.T passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Komatsu (6301.T) undervalued?
Against our discounted cash flow estimate of ¥3,896.10, 6301.T at ¥6,275.00 is 38% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is 6301.T's P/E ratio?
6301.T trades at 15.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.