Komatsu Ltd
6301: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|qdg | LOCK|>$ | LOCK|dX>CR>rJ |
Komatsu Earnings: Price Revision Effect Kicks In; Fair Value Estimate Raised 4.4%
We raise our fair value estimate for narrow-moat Komatsu to JPY 5,370 per share from JPY 5,140, reflecting the company’s stronger-than-expected performance in the December quarter. Quarterly revenue grew 1.8% year on year compared with our estimate of a 6.8% year-on-year decline.
