Jardine Matheson Holdings (JARLF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Jardine Matheson Holdings $79.02, price $56.17, upside +40.7%, quality 57 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Jardine Matheson Holdings
JARLF · USUndervaluedThe stock appears undervalued with acceptable quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range $29.60 – $80.47 · fair‑value band $75.77 – $98.78 · the $56.17 price screens below the $79.02 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
Company profile
Jardine Matheson Holdings Limited operates in motor vehicles and related operations, property investment and development, health and beauty, home furnishings, engineering and construction, and transport businesses in Indonesia, Hong Kong, Macau, Other Southeast Asia, Vietnam, Mainland China, and Rest of the world.
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Jardine Matheson Holdings Limited operates in motor vehicles and related operations, property investment and development, health and beauty, home furnishings, engineering and construction, and transport businesses in Indonesia, Hong Kong, Macau, Other Southeast Asia, Vietnam, Mainland China, and Rest of the world. It is also involved in providing automotive, financial, transport, and information technology services; heavy equipment distribution, mining contracting and operations; developing, owning, and managing premium and ultra-premium mixed-use and commercial real estate. The company also operates Mannings, Guardian, 7-11, Wellcome, and IKEA retailing businesses; supermarket, health and beauty, convenience, food, home furnishings, and restaurants retails; and invests, manages, and develops property. In addition, it engages in agribusiness business; providing construction and foundation services for building, civil and maritime works; motorcycles and rendering of aftersales services; supplying, installing, and servicing engineering equipment. Jardine Matheson Holdings Limited was founded in 1832 and is based in Hamilton, Bermuda.
Stock analysis
Jardine Matheson Holdings (JARLF) currently trades at $56.17, while our model-based Fair Value estimate is $79.02, implying the stock looks roughly 28.9% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $155.48 per share, and 9 of the 10 models we run sit above the $56.17 price.
Bear case: the Earnings-Based group reads lowest at $48.49, and 1 of the 10 models stay below the price. Evidence for this calculation is medium.
Scenario range: $75.77 (bear) to $98.78 (bull), the price of $56.17 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 57/100 (solid quality), in the Industrials sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Jardine Matheson Holdings reported revenue of $34.2B in FY2025 versus $35.9B in FY2021, a compound −1.2%/yr. Reported net income was $1.1B in FY2025, compounding −21.8%/yr from FY2021.
Key figures
Market cap $18.5B · P/E ratio 14.9 · P/S ratio 0.48 · EPS (TTM) $3.77 · Dividend yield 4.2% · Net margin 3.2% · Return on equity 6.1% · Return on assets (EBIT) 2.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −16% fair-value upside, at 41%, JARLF screens cheaper than that median.
Fair Value models
All 10 models by family
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Set up alert →Quality Score breakdown
Of which business quality 55 · Market factors (momentum, volatility) 57
Revenue & earnings trend
Growth Forecast
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Compare Jardine Matheson Holdings with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Conglomerates · 359 stocks
Valuation Multiplesvs Conglomerates median · lower = cheaper
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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Key figures of Jardine Matheson Holdings
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