Daikin Industries,Ltd.·Industrials

Daikin Industries (DKILY) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Daikin Industries (DKILY) and Hoya Corp. (HOCPY). But which of these two companies is the best option for those looking for undervalued stocks?

LONDON, April 26, 2026 /PRNewswire/ -- Elliott Investment Management L.P. and Elliott Advisors (UK) Limited ("Elliott"), which advise funds that together own approximately 3% of Daikin Industries, Ltd.

I rate Daikin Industries as a 'Buy'; an activist investor has recently acquired a stake in the company, which drew attention to its undervaluation. The stock's current P/E is attractive compared to peers and its own historical trading mean. The potential re-rating catalysts include a resumption of repurchases, profit margin improvement, and the sale of non-core businesses.

Daikin shares jumped after activist investor Elliott pushed for reforms. Activist flagged undervaluation despite strong growth and global scale.

Elliott Investment Management said on Thursday it has taken a stake in Daikin and thinks the manufacturer of air conditioners should improve margins and shareholder returns and review non-core assets.
Daikin Industries, Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products. The company's air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; absorption refrigerators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases. The company's chemical products comprising fluorocarbons, fluoroplastics, fluoroelastomers, fluoropaints, fluoro coating agents, semiconductor-etching products, water and oil repellent agents, pharmaceuticals and intermediates, and dry air suppliers. It also provides oil hydraulics products, including oil hydraulic pumps and valves, cooling equipment and systems, inverter-controlled pump motors, hydrostatic transmissions, and centralized lubrication units and systems; and defense products consisting of warheads, warhead parts for guided missiles, and home-use oxygen therapy equipment. In addition, the company offers after sales services. It sells its products in Japan, the United States, China, Asia, Oceania, Europe /the Middle and Near East/Africa, and internationally. Daikin Industries, Ltd. was founded in 1924 and is headquartered in Osaka, Japan.
Industrials
Construction
98,162
2010-02-11
0.59