Risk factor
Low price volatility
Profitability factor
Low dividends
About
Johnson Matthey Plc is a global enterprise specializing in sustainable technologies, particularly in clean air solutions, advanced catalysts, hydrogen technology, and services related to platinum group metals (PGMs). Its extensive operations span the UK, Germany, broader Europe, North America, various parts of Asia (including China and Hong Kong), and other international markets. The company organizes its diverse activities into three primary divisions: Clean Air, Efficient Natural Resources, and Other Markets. The Clean Air division is dedicated to manufacturing catalysts essential for emission control after-treatment systems. These products play a crucial role in reducing noxious emissions from a wide array of diesel and gasoline-powered vehicles, including cars, light commercial vehicles, heavy-duty trucks, buses, and off-road machinery. Within the Efficient Natural Resources segment, Johnson Matthey offers a comprehensive suite of products and processing services designed to optimize the utilization and transformation of vital natural resources such as oil, natural gas, biomass, and platinum group metals. This segment is also a leader in circular economy initiatives, providing specialized catalysts and additives, licensing advanced process technologies and engineering designs, and delivering essential refining, recycling, and other services for platinum group and precious metals, alongside various chemical and industrial products. The Other Markets segment encompasses a diverse portfolio, featuring precious metal pastes and enamels, advanced battery systems, cutting-edge fuel cell technologies, high-performance battery materials, and pioneering green hydrogen solutions. Additionally, this segment leverages scientific and technological expertise to develop products for medical devices and provides sophisticated detection, diagnostic, and measurement offerings. Tracing its origins back to 1817, the company, originally named Johnson & Cock, adopted its current designation, Johnson Matthey Plc, in 1851. Its corporate headquarters remain situated in London, United Kingdom.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EB
Target Price
The average target price of JMAT.L is 2737 and suggests 13.7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat