Lasertec Corp
TSE:6920
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (67.3), the stock would be worth ¥72 579.71 (61% upside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 41.8 | ¥45 060 |
0%
|
| 3-Year Average | 67.3 | ¥72 579.71 |
+61%
|
| 5-Year Average | 84.4 | ¥91 095.2 |
+102%
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| Industry Average | 16.5 | ¥17 789.19 |
-61%
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| Country Average | 11.5 | ¥12 356.55 |
-73%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| JP |
|
Lasertec Corp
TSE:6920
|
4T JPY | 41.8 | 46.4 | |
| NL |
|
ASML Holding NV
AEX:ASML
|
481.6B EUR | 34.8 | 47.2 | |
| US |
|
Lam Research Corp
NASDAQ:LRCX
|
334.9B USD | 48.2 | 49.9 | |
| US |
|
Applied Materials Inc
NASDAQ:AMAT
|
331B USD | 38 | 42.2 | |
| US |
|
KLA Corp
NASDAQ:KLAC
|
253.8B USD | 53.2 | 55.7 | |
| US |
B
|
Brooks Automation Inc
LSE:0HQ1
|
234.5B USD | 3 757.9 | -4 053.1 | |
| JP |
|
Advantest Corp
TSE:6857
|
21.4T JPY | 64 | 74.1 | |
| JP |
|
Tokyo Electron Ltd
TSE:8035
|
21T JPY | 42 | 41.8 | |
| US |
|
Teradyne Inc
NASDAQ:TER
|
65.3B USD | 96.7 | 117.7 | |
| CN |
|
NAURA Technology Group Co Ltd
SZSE:002371
|
344.2B CNY | 157.9 | 61 | |
| JP |
|
Disco Corp
TSE:6146
|
7.8T JPY | 58.2 | 57.4 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 8 |
| Median | 11.5 |
| 70th Percentile | 16 |
| Max | 277 515 329.3 |
Other Multiples
Lasertec Corp
Glance View
In the dynamic world of semiconductor manufacturing, Lasertec Corp. stands out as a beacon of innovation and precision. This Japanese firm has carved a niche in the highly specialized field of inspection and measurement equipment for semiconductor production. Founded in 1960, Lasertec initially ventured into various engineering sectors, but its laser-sharp focus on semiconductors set it apart in the ever-evolving tech landscape. At the heart of its operations is the development of cutting-edge photomask inspection, wafer inspection, and mask repair systems. These technologies are integral to the semiconductor manufacturing process, ensuring that defects are caught early so that the highly sensitive circuit patterns can be rendered with exact precision. As semiconductor producers strive for ever smaller and more complex chips, the demand for Lasertec's meticulous services grows. Lasertec makes money primarily by selling its advanced inspection equipment to semiconductor manufacturers across the globe. Its innovative tools help these companies meet the escalating demands for performance and efficiency in a world increasingly reliant on technology, from smartphones to supercomputers. With the global chip shortage bringing unprecedented attention to the semiconductor industry, Lasertec's role as a critical supplier of inspection technology has never been more crucial. By continuously investing in research and development, the company remains ahead of technological curves, further solidifying its position in a market where only the most precise can survive and thrive. This strategic positioning not only underscores Lasertec’s financial health but also fortifies its reputation as a linchpin in the semiconductor supply chain.