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Tokyo Electron Ltd
TSE:8035

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Tokyo Electron Ltd
TSE:8035
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Price: 45 850 JPY 0.81% Market Closed
Market Cap: ¥21.6T

P/OCF

42
Current
79%
More Expensive
vs 3-y average of 23.5

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
42
=
Market Cap
¥21.2T
/
Operating Cash Flow
¥500.6B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
42
=
Market Cap
¥21.2T
/
Operating Cash Flow
¥500.6B

Valuation Scenarios

Tokyo Electron Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (23.5), the stock would be worth ¥25 637.3 (44% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-73%
Maximum Upside
No Upside Scenarios
Average Downside
53%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 42 ¥45 850
0%
3-Year Average 23.5 ¥25 637.3
-44%
5-Year Average 26.9 ¥29 387.76
-36%
Industry Average 16.5 ¥18 004.97
-61%
Country Average 11.5 ¥12 506.44
-73%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
JP
Tokyo Electron Ltd
TSE:8035
21T JPY 42 41.8
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
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
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
NL
ASM International NV
AEX:ASM
42.4B EUR 55.9 42.8
P/E Multiple
Earnings Growth PEG
JP
Tokyo Electron Ltd
TSE:8035
Average P/E: 59
41.8
13%
3.2
NL
ASML Holding NV
AEX:ASML
47.2
20%
2.4
US
Lam Research Corp
NASDAQ:LRCX
49.9
24%
2.1
US
Applied Materials Inc
NASDAQ:AMAT
42.2
20%
2.1
US
KLA Corp
NASDAQ:KLAC
55.7
22%
2.5
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -4 053.1 N/A N/A
JP
Advantest Corp
TSE:6857
74.1
50%
1.5
US
Teradyne Inc
NASDAQ:TER
117.7
44%
2.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
61
N/A N/A
JP
Disco Corp
TSE:6146
57.4
N/A N/A
NL
ASM International NV
AEX:ASM
42.8
23%
1.9

Market Distribution

Higher than 93% of companies in Japan
Percentile
93rd
Based on 4 634 companies
93rd percentile
42
Low
0.1 — 8
Typical Range
8 — 16
High
16 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 8
Median 11.5
70th Percentile 16
Max 277 515 329.3

Tokyo Electron Ltd
Glance View

Tokyo Electron Ltd. stands as a pillar in the semiconductor industry, weaving technology and innovation into the fabric of modern electronics. Founded in 1963, this Tokyo-based company has evolved, mastering the art of producing semiconductor manufacturing equipment, which forms the backbone of nearly every advanced technology we use today, from smartphones to data centers. Their success is intricately tied to their ability to anticipate market needs, creating cutting-edge machinery that enables the fabrication of increasingly powerful and efficient chips. This forward-thinking approach has ensured that Tokyo Electron remains an essential player in global technology ecosystems, facilitating advancements in AI, automotive tech, and the growing Internet of Things. The company earns its revenues primarily through the sale and maintenance of its sophisticated equipment, which includes tools for processes like chemical vapor deposition, etching, and semiconductor inspection. This machinery is vital for ensuring that semiconductor wafers are crafted with precision, reliability, and speed, meeting the ever-increasing demands of the tech giants around the world. Tokyo Electron augments its product offerings with robust after-sales services, ensuring clients receive consistent technical support and updates, thus embedding itself deeply within the operational frameworks of its customers. This combination of innovative products and comprehensive services enables Tokyo Electron not only to generate sustainable profits but also to solidify trusted partnerships with key players in the semiconductor manufacturing landscape.

Intrinsic Value
21 004.11 JPY
Overvaluation 54%
Intrinsic Value
Price ¥45 850
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