Murata Manufacturing (6981.T)
Technology · Tokyo · Japan
Fundamentals
Valuation and ratings
Murata Manufacturing trades at ¥7,570.00, which is 35% above the ¥4,896.81 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 63 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 77.5 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 Murata Manufacturing
Murata Manufacturing Co., Ltd. develops, manufactures, and sells ceramic-based passive electronic components and solutions in Japan, North America, and South America, Europe, China, Asia, and internationally. It operates through three segments: Components, Devices & Modules, and Other. The company offers capacitors; inductors; high frequency device and communication modules, including surface acoustic wave filters, RF modules, multilayer resin substrates, and connectivity modules; lithium-ion secondary batteries; and sensors; acoustic wave device; antennas and related products; baluns; and batteries. It also offers Femtet, a CAE software; capacitors; cell fractionation filters; connectivity modules; connectors; couplers; digital panel meters; filters; front end modules; inductors; ionizers; micro mechatronics; watch batteries; noise suppression products; and optical devices. In addition, the company provides phase shifters, power products, printed circuit products, resistors, RF switches, RFID products, sensors, sound components, thermistors, timing devices, and transformers. Further, it offers RFID, wireless sensing, and integrated renewable energy control solutions. The company offers its products for use in communications equipment, mobility, data center and enterprise computing, industrial, wellness, personal electronics, and environment/energy applications. Murata Manufacturing Co., Ltd. was founded in 1944 and is headquartered in Nagaokakyo, Japan.
6981.T passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Murata Manufacturing (6981.T) undervalued?
Against our discounted cash flow estimate of ¥4,896.81, 6981.T at ¥7,570.00 is 35% 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 6981.T's P/E ratio?
6981.T trades at 77.5 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.
The full research page for 6981.T, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
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.