Morningstar says Judo Capital shares materially undervalued

Judo Capital Holdings

21/10/2026 22:46

** Morningstar says shares of Australia's Judo Capital JDO.AX remain materially undervalued as the market is still factoring in loan losses above management's target
** Investment research firm retains fair-value estimate for the business lender at A$1.60 per share
** Adds, the market is likely to remain concerned about arrears until there are signs that they have peaked
** Morningstar maintains its pre-tax profit forecast 5% below the bottom end of JDO management's guidance range, acknowledges the risk of higher near-term credit losses
** 11 of 13 analysts rate the stock "buy" or higher; median PT is A$1.55, according to data compiled by LSEG
** Stock down 45.2% YTD, as of last close

 (Reporting by Tejas Harish in Bengaluru)
 ((tejas.harish@thomsonreuters.com;))