View ValuationLasertec 향후 성장Future 기준 점검 4/6Lasertec (는) 각각 연간 13.1% 및 13% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 12.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 32.2% 로 예상됩니다.핵심 정보13.1%이익 성장률12.86%EPS 성장률Semiconductor 이익 성장24.7%매출 성장률13.0%향후 자기자본이익률32.19%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트분석 기사 • May 02Lasertec Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Lasertec Corporation ( TSE:6920 ) last week released its latest quarterly, and things did not turn...Price Target Changed • Mar 10Price target increased by 14% to JP¥35,567Up from JP¥31,313, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of JP¥34,680. Stock is up 129% over the past year. The company is forecast to post earnings per share of JP¥845 for next year compared to JP¥939 last year.분석 기사 • Feb 02Lasertec Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearA week ago, Lasertec Corporation ( TSE:6920 ) came out with a strong set of half-yearly numbers that could potentially...Price Target Changed • Jan 31Price target increased by 7.2% to JP¥29,773Up from JP¥27,773, the current price target is an average from 16 analysts. New target price is 18% below last closing price of JP¥36,390. Stock is up 135% over the past year. The company is forecast to post earnings per share of JP¥832 for next year compared to JP¥939 last year.공시 • Jan 30+ 1 more updateLasertec Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2026Lasertec Corporation revised consolidated earnings guidance for the fiscal year ending June 30, 2026. For the year, the company now expects net sales of JPY 220,000 million against previous guidance of JPY 200,000 million; operating income of JPY 100,000 million against previous guidance of JPY 85,000 million; Net income attributable to owners of parents of JPY 72,000 million against previous guidance of JPY 60,000 million and net income per share of JPY 801.89 against previous guidance of JPY 665.27. Reason for the revision: The company has revised the full-year forecast for the fiscal year ending June 30, 2026, considering customer acceptance of some products occurring earlier than expected and the trend of foreign exchange fluctuations. The assumed exchange rate for the forecast has been revised to 145 yen/USD (the previous assumption was 135 yen/USD).공시 • Nov 01Lasertec Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2026Lasertec Corporation provided consolidated earnings guidance for the year ending June 30, 2026. For the year, the company expects net sales of JPY 200,000 million; operating income of JPY 85,000 million; Net income attributable to owners of parents of 60,000 million and net income per share of JPY 665.75.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥35,920, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,763 per share.속보 • May 05Lasertec Misses Earnings Forecast as EPS Drops 25.91% and Revenue Falls ShortLasertec reported an earnings miss for the quarter ended 30 April 2026, with EPS down 25.91% versus expectations. Revenue for the quarter was below estimates by 9.51%. The stock declined 3.16% after the announcement, indicating a negative initial reaction from the market. For you as an investor, the key takeaway is that the latest quarter came in weaker than analysts had modeled on both earnings and revenue. A 25.91% drop in EPS against expectations and a 9.51% revenue shortfall suggest that either demand, pricing, costs, or a mix of these factors did not line up with prior forecasts. The 3.16% share price decline reflects that disappointment, but also shows the reaction was relatively contained rather than extreme. At the same time, commentary around Lasertec highlights strong financial fundamentals, high profitability metrics and a solid balance sheet. That combination of an earnings miss alongside references to solid financial footing points to a situation where the market is reassessing near term performance rather than reacting to signs of balance sheet stress. If you follow the stock, it is worth separating shorter term execution questions from the longer term role Lasertec aims to play in its core markets, and watching how management addresses the gap between recent results and prior expectations in upcoming updates or guidance commentary.분석 기사 • May 02Lasertec Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Lasertec Corporation ( TSE:6920 ) last week released its latest quarterly, and things did not turn...Reported Earnings • May 01Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥124 (up from JP¥104 in 3Q 2025). Revenue: JP¥41.3b (up 3.5% from 3Q 2025). Net income: JP¥11.1b (up 18% from 3Q 2025). Profit margin: 27% (up from 24% in 3Q 2025). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥41,560, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,547 per share.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥37,740, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,450 per share.공시 • Mar 13Lasertec Corporation to Report Q3, 2026 Results on Apr 30, 2026Lasertec Corporation announced that they will report Q3, 2026 results on Apr 30, 2026Declared Dividend • Mar 13First half dividend of JP¥197 announcedShareholders will receive a dividend of JP¥197. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 31%.Price Target Changed • Mar 10Price target increased by 14% to JP¥35,567Up from JP¥31,313, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of JP¥34,680. Stock is up 129% over the past year. The company is forecast to post earnings per share of JP¥845 for next year compared to JP¥939 last year.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥30,060, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 37% over the past three years.분석 기사 • Feb 02Lasertec Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearA week ago, Lasertec Corporation ( TSE:6920 ) came out with a strong set of half-yearly numbers that could potentially...Price Target Changed • Jan 31Price target increased by 7.2% to JP¥29,773Up from JP¥27,773, the current price target is an average from 16 analysts. New target price is 18% below last closing price of JP¥36,390. Stock is up 135% over the past year. The company is forecast to post earnings per share of JP¥832 for next year compared to JP¥939 last year.Reported Earnings • Jan 31Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥297 (down from JP¥381 in 2Q 2025). Revenue: JP¥74.1b (down 20% from 2Q 2025). Net income: JP¥26.7b (down 22% from 2Q 2025). Profit margin: 36% (down from 37% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공시 • Jan 30+ 1 more updateLasertec Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2026Lasertec Corporation revised consolidated earnings guidance for the fiscal year ending June 30, 2026. For the year, the company now expects net sales of JPY 220,000 million against previous guidance of JPY 200,000 million; operating income of JPY 100,000 million against previous guidance of JPY 85,000 million; Net income attributable to owners of parents of JPY 72,000 million against previous guidance of JPY 60,000 million and net income per share of JPY 801.89 against previous guidance of JPY 665.27. Reason for the revision: The company has revised the full-year forecast for the fiscal year ending June 30, 2026, considering customer acceptance of some products occurring earlier than expected and the trend of foreign exchange fluctuations. The assumed exchange rate for the forecast has been revised to 145 yen/USD (the previous assumption was 135 yen/USD).분석 기사 • Jan 17Lasertec Corporation's (TSE:6920) 30% Price Boost Is Out Of Tune With EarningsLasertec Corporation ( TSE:6920 ) shares have continued their recent momentum with a 30% gain in the last month alone...Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥35,900, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 46% over the past three years.분석 기사 • Jan 11Here's Why We Think Lasertec (TSE:6920) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Upcoming Dividend • Dec 22Upcoming dividend of JP¥132 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 09 March 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.2%).공시 • Dec 12Lasertec Corporation to Report Q2, 2026 Results on Jan 30, 2026Lasertec Corporation announced that they will report Q2, 2026 results on Jan 30, 2026Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥32,200, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 29% over the past three years.분석 기사 • Nov 08What Lasertec Corporation's (TSE:6920) 44% Share Price Gain Is Not Telling YouLasertec Corporation ( TSE:6920 ) shares have continued their recent momentum with a 44% gain in the last month alone...Reported Earnings • Nov 01First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥211 (up from JP¥99.02 in 1Q 2025). Revenue: JP¥54.2b (up 48% from 1Q 2025). Net income: JP¥19.1b (up 113% from 1Q 2025). Profit margin: 35% (up from 24% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Nov 01Lasertec Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2026Lasertec Corporation provided consolidated earnings guidance for the year ending June 30, 2026. For the year, the company expects net sales of JPY 200,000 million; operating income of JPY 85,000 million; Net income attributable to owners of parents of 60,000 million and net income per share of JPY 665.75.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 37%After last week's 37% share price gain to JP¥28,575, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 39% over the past three years.분석 기사 • Oct 29Should You Think About Buying Lasertec Corporation (TSE:6920) Now?Let's talk about the popular Lasertec Corporation ( TSE:6920 ). The company's shares received a lot of attention from a...분석 기사 • Oct 05Lasertec (TSE:6920) Has Announced A Dividend Of ¥132.00The board of Lasertec Corporation ( TSE:6920 ) has announced that it will pay a dividend on the 9th of March, with...Declared Dividend • Oct 05Final dividend increased to JP¥132Dividend of JP¥132 is 15% higher than last year. Ex-date: 29th December 2025 Payment date: 9th March 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Sep 23Lasertec Corporation (TSE:6920) Stock Rockets 32% As Investors Are Less Pessimistic Than ExpectedLasertec Corporation ( TSE:6920 ) shares have had a really impressive month, gaining 32% after a shaky period...Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥21,210, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,583 per share.Buy Or Sell Opportunity • Sep 05Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 7.6% to JP¥15,625. The fair value is estimated to be JP¥12,510, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 2.2% per annum over the same time period.분석 기사 • Aug 28Is Lasertec Corporation (TSE:6920) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Using the 2 Stage Free Cash Flow to Equity, Lasertec fair value estimate is JP¥12,339 Current share price...Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥17,390, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,378 per share.Buy Or Sell Opportunity • Aug 14Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.4% to JP¥16,070. The fair value is estimated to be JP¥13,371, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 3.2% per annum over the same time period.Reported Earnings • Aug 08Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥939 (up from JP¥655 in FY 2024). Revenue: JP¥251.5b (up 18% from FY 2024). Net income: JP¥84.7b (up 43% from FY 2024). Profit margin: 34% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공시 • Aug 07+ 1 more updateLasertec Corporation, Annual General Meeting, Sep 26, 2025Lasertec Corporation, Annual General Meeting, Sep 26, 2025.Buy Or Sell Opportunity • Jul 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥14,965. The fair value is estimated to be JP¥12,401, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.분석 기사 • Jul 12At JP¥19,265, Is Lasertec Corporation (TSE:6920) Worth Looking At Closely?Lasertec Corporation ( TSE:6920 ) saw a significant share price rise of 84% in the past couple of months on the TSE...분석 기사 • Jun 24Lasertec Corporation's (TSE:6920) Shares Climb 30% But Its Business Is Yet to Catch UpLasertec Corporation ( TSE:6920 ) shareholders have had their patience rewarded with a 30% share price jump in the last...New Risk • Jun 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥18,255, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,173 per share.Upcoming Dividend • Jun 20Upcoming dividend of JP¥173 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (1.7%).Price Target Changed • Jun 06Price target decreased by 8.6% to JP¥17,986Down from JP¥19,671, the current price target is an average from 14 analysts. New target price is 24% above last closing price of JP¥14,505. Stock is down 60% over the past year. The company is forecast to post earnings per share of JP¥859 for next year compared to JP¥655 last year.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥15,630, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,853 per share.Buy Or Sell Opportunity • May 12Now 24% overvaluedOver the last 90 days, the stock has fallen 3.1% to JP¥14,775. The fair value is estimated to be JP¥11,885, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.Reported Earnings • Apr 29Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥104 (down from JP¥214 in 3Q 2024). Revenue: JP¥39.9b (down 36% from 3Q 2024). Net income: JP¥9.38b (down 52% from 3Q 2024). Profit margin: 24% (down from 31% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥10,630, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Semiconductor industry in Japan. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,624 per share.공시 • Mar 26Lasertec Corporation Appoints Hiroki Miyai as Executive Officer, Effective April 1, 2025Lasertec Corporation announced the appointment of Hiroki Miyai as Executive Officer concurrently, General Manager, Technology Department 5, previously he was General Manager,Technology Department 5, Effective April 1, 2025.공시 • Mar 15+ 2 more updatesLasertec Corporation to Report Q3, 2025 Results on Apr 28, 2025Lasertec Corporation announced that they will report Q3, 2025 results on Apr 28, 2025Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥15,100, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,517 per share.Declared Dividend • Mar 08First half dividend of JP¥173 announcedShareholders will receive a dividend of JP¥173. Ex-date: 27th June 2025 Payment date: 29th September 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (153% cash payout ratio). The dividend has increased by an average of 42% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 01Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: JP¥381 (up from JP¥161 in 2Q 2024). Revenue: JP¥92.2b (up 93% from 2Q 2024). Net income: JP¥34.4b (up 137% from 2Q 2024). Profit margin: 37% (up from 30% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공시 • Jan 03Lasertec Corporation to Report Q2, 2025 Results on Jan 31, 2025Lasertec Corporation announced that they will report Q2, 2025 results on Jan 31, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥115 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).Buy Or Sell Opportunity • Dec 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to JP¥15,590. The fair value is estimated to be JP¥19,561, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Price Target Changed • Nov 09Price target decreased by 7.3% to JP¥28,731Down from JP¥30,998, the current price target is an average from 15 analysts. New target price is 43% above last closing price of JP¥20,050. Stock is down 31% over the past year. The company is forecast to post earnings per share of JP¥864 for next year compared to JP¥655 last year.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥19,840, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,493 per share.Reported Earnings • Nov 02First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥99.02 (up from JP¥85.40 in 1Q 2024). Revenue: JP¥36.7b (down 22% from 1Q 2024). Net income: JP¥8.93b (up 16% from 1Q 2024). Profit margin: 24% (up from 16% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 37%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Oct 30Now 25% overvaluedOver the last 90 days, the stock has fallen 7.9% to JP¥23,340. The fair value is estimated to be JP¥18,718, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥21,350, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,684 per share.Declared Dividend • Oct 10Final dividend of JP¥115 announcedShareholders will receive a dividend of JP¥115. Ex-date: 27th December 2024 Payment date: 6th March 2025 Dividend yield will be 1.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 61% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 03Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥655 (up from JP¥512 in FY 2023). Revenue: JP¥213.5b (up 40% from FY 2023). Net income: JP¥59.1b (up 28% from FY 2023). Profit margin: 28% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Board Change • Oct 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Takashi Yuri was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Sep 24Lasertec Releases SICA108, SiC Wafer Inspection and Review SystemLasertec Corporation announced the release of SICA108, the latest model of its SiC wafer inspection and review systems. Featuring both surface and photoluminescence (PL) inspection capabilities in one body, SICA108 enables customers to concurrently perform high-speed inspection and high-accuracy classification of surface defects as well as crystallographic defects. SiC power devices are used in a variety of applications, including electric vehicles, air conditioners, solar cells, and railway cars, and facilitate the realization of a carbon-neutral society. However, SiC wafer production processes are technically demanding, and there are still many defects that impact device yields. It therefore remains a challenge to manufacture high-quality SiC wafers stably at a lower cost. Lasertec has released SICA108 to help overcome this challenge. Renewing the inspection optics from SICA88, the current de facto standard tool widely used among many customers, SICA108 provides higher throughput and improved performance in quality analysis of SiC wafers with a lower cost of ownership. Like its predecessor, SICA108 performs surface inspection for detecting scratches, crystal defects, and particles on the wafer surface and PL inspection for detecting basal plane dislocations (BPD) inside Epi layers and stacking faults (SF), concurrently and with high sensitivity. It also features a high-accuracy defect classification capability based on proprietary deep learning algorithm to enable the early detection and analysis of killer defects. It is also compatible with various automation systems used in smart fabs, such as automatic guided vehicles (AGV) and overhead hoist transports (OHT). Lasertec will continue to pursue the development of defect inspection technologies to address customer needs and contribute to the improvement of power device quality and productivity. Features: Concurrent inspection of surface defects and BPD/SF at high speed and with high sensitivity. Detailed classification of various defect types using high-accuracy Automatic Defect Classification (ADC) and high-resolution review images. Compatible with various automation systems, including AGV and OHT. Applications: Incoming and outgoing inspection of SiC bare wafers and SiC Epi wafers. Monitoring of SiC epitaxial growth processes. Monitoring of SiC polishing processes. Management of SiC device manufacturing processes.Valuation Update With 7 Day Price Move • Sep 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥23,735, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,023 per share.Reported Earnings • Aug 08Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥655 (up from JP¥512 in FY 2023). Revenue: JP¥213.5b (up 40% from FY 2023). Net income: JP¥59.1b (up 28% from FY 2023). Profit margin: 28% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥19,375, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 8.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,162 per share.Upcoming Dividend • Jun 20Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥34,520, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥14,677 per share.New Risk • May 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). High level of non-cash earnings (46% accrual ratio).Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥42,390, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 142% over the past three years.공시 • May 03Lasertec Corporation Announces Chief Executive Officer Changes, as of July 1, 2024Lasertec Corporation announced that it has resolved at the board of directors meeting held on April 30, 2024 to make changes in its representative directors and executive officers as follows (as of July 1, 2024): Osamu Okabayashi: Previous position: Representative Director, President & Chief Executive Officer; New position: Representative Director, Chairman & Executive Officer. Tetsuya Sendoda: Previous position: Director, Vice President & Executive Officer concurrently, Chief Sales Officer; New position: Chief Executive Officer. Resume of New Representative Director: Tetsuya Sendoda (April 26, 1977); Career Summary: Jan. 2008, Joined Lasertec Corporation; June 2020, General Manager, Technology Department 2; July 2022, Sales Officer; General Manager, Technology Department 2; and General Manager, Solution Sales Department 1; Sept. 2022 Executive Officer; Sales Officer; General Manager, Technology Department 2; and General Manager, Solution Sales Department 1; April 2023 Executive Officer; Sales Officer; and General Manager, Solution Sales Department 1; Sept. 2023 Director, Vice President & Executive Officer (current); and Chief Sales Officer (current).Reported Earnings • May 01Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥214 (up from JP¥79.11 in 3Q 2023). Revenue: JP¥62.2b (up 156% from 3Q 2023). Net income: JP¥19.3b (up 171% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥34,350, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥15,037 per share.공시 • Mar 08+ 2 more updatesLasertec Corporation to Report Q1, 2025 Results on Oct 31, 2024Lasertec Corporation announced that they will report Q1, 2025 results on Oct 31, 2024공시 • Feb 11Lasertec Corporation to Report Q3, 2024 Results on Apr 30, 2024Lasertec Corporation announced that they will report Q3, 2024 results on Apr 30, 2024이익 및 매출 성장 예측TSE:6920 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/2028323,827112,63786,30280,629126/30/2027269,28993,04076,59869,645146/30/2026226,93175,53075,36953,879143/31/2026252,18188,78168,76670,194N/A12/31/2025250,76787,07995,43596,706N/A9/30/2025268,91194,77982,65885,016N/A6/30/2025251,47784,65275,55177,874N/A3/31/2025225,13970,24950,20753,514N/A12/31/2024247,48580,19616,95420,361N/A9/30/2024202,93860,30414,98617,563N/A6/30/2024213,50659,07629,78533,317N/A3/31/2024230,60466,96928,10830,981N/A12/31/2023192,72154,78036,01540,361N/A9/30/2023174,41447,13537,32041,706N/A6/30/2023152,83246,16420,00340,548N/A3/31/2023116,24332,5662,43924,782N/A12/31/2022108,54928,697-3,16817,578N/A9/30/2022106,99130,014-13,0747,184N/A6/30/202290,37824,850-8,828-3,464N/A3/31/202271,86818,77312,15215,363N/A12/31/202174,94620,6238,92112,017N/A9/30/202166,19317,65213,10218,975N/A6/30/202170,24819,2506,85010,488N/A3/31/202168,91617,990-2,1211,390N/A12/31/202054,85513,5925,5038,981N/A9/30/202050,19512,9956,9688,088N/A6/30/202042,57210,82314,68816,486N/A3/31/202032,8917,94713,04814,807N/A12/31/201931,8807,678N/A3,256N/A9/30/201928,1306,143N/A6,353N/A6/30/201928,7695,933N/A5,800N/A3/31/201926,9965,304N/A7,513N/A12/31/201827,6385,799N/A6,450N/A9/30/201824,7144,952N/A3,013N/A6/30/201821,2524,366N/A2,916N/A3/31/201821,2914,244N/A6,284N/A12/31/201719,0104,031N/A7,259N/A9/30/201718,2143,797N/A4,827N/A6/30/201717,3693,554N/A3,549N/A3/31/201716,5434,218N/A1,166N/A12/31/201617,4084,231N/A1,181N/A9/30/201615,4433,426N/A4,146N/A6/30/201615,2913,227N/A3,083N/A3/31/201614,6962,640N/A2,504N/A12/31/201515,7012,705N/A4,390N/A9/30/201515,1622,626N/A2,535N/A6/30/201515,1872,953N/A1,032N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 6920 의 연간 예상 수익 증가율(13.1%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 6920 의 연간 수익(13.1%)이 JP 시장(8.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 6920 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 6920 의 수익(연간 13%)이 JP 시장(연간 5.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 6920 의 수익(연간 13%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 6920의 자본 수익률은 3년 후 32.2%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 22:00종가2026/05/21 00:00수익2026/03/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Lasertec Corporation는 30명의 분석가가 다루고 있습니다. 이 중 14명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Warren LauAletheia Analyst Network LimitedStacy RasgonBernsteinHao DaiBernstein27명의 분석가 더 보기
분석 기사 • May 02Lasertec Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Lasertec Corporation ( TSE:6920 ) last week released its latest quarterly, and things did not turn...
Price Target Changed • Mar 10Price target increased by 14% to JP¥35,567Up from JP¥31,313, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of JP¥34,680. Stock is up 129% over the past year. The company is forecast to post earnings per share of JP¥845 for next year compared to JP¥939 last year.
분석 기사 • Feb 02Lasertec Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearA week ago, Lasertec Corporation ( TSE:6920 ) came out with a strong set of half-yearly numbers that could potentially...
Price Target Changed • Jan 31Price target increased by 7.2% to JP¥29,773Up from JP¥27,773, the current price target is an average from 16 analysts. New target price is 18% below last closing price of JP¥36,390. Stock is up 135% over the past year. The company is forecast to post earnings per share of JP¥832 for next year compared to JP¥939 last year.
공시 • Jan 30+ 1 more updateLasertec Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2026Lasertec Corporation revised consolidated earnings guidance for the fiscal year ending June 30, 2026. For the year, the company now expects net sales of JPY 220,000 million against previous guidance of JPY 200,000 million; operating income of JPY 100,000 million against previous guidance of JPY 85,000 million; Net income attributable to owners of parents of JPY 72,000 million against previous guidance of JPY 60,000 million and net income per share of JPY 801.89 against previous guidance of JPY 665.27. Reason for the revision: The company has revised the full-year forecast for the fiscal year ending June 30, 2026, considering customer acceptance of some products occurring earlier than expected and the trend of foreign exchange fluctuations. The assumed exchange rate for the forecast has been revised to 145 yen/USD (the previous assumption was 135 yen/USD).
공시 • Nov 01Lasertec Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2026Lasertec Corporation provided consolidated earnings guidance for the year ending June 30, 2026. For the year, the company expects net sales of JPY 200,000 million; operating income of JPY 85,000 million; Net income attributable to owners of parents of 60,000 million and net income per share of JPY 665.75.
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥35,920, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,763 per share.
속보 • May 05Lasertec Misses Earnings Forecast as EPS Drops 25.91% and Revenue Falls ShortLasertec reported an earnings miss for the quarter ended 30 April 2026, with EPS down 25.91% versus expectations. Revenue for the quarter was below estimates by 9.51%. The stock declined 3.16% after the announcement, indicating a negative initial reaction from the market. For you as an investor, the key takeaway is that the latest quarter came in weaker than analysts had modeled on both earnings and revenue. A 25.91% drop in EPS against expectations and a 9.51% revenue shortfall suggest that either demand, pricing, costs, or a mix of these factors did not line up with prior forecasts. The 3.16% share price decline reflects that disappointment, but also shows the reaction was relatively contained rather than extreme. At the same time, commentary around Lasertec highlights strong financial fundamentals, high profitability metrics and a solid balance sheet. That combination of an earnings miss alongside references to solid financial footing points to a situation where the market is reassessing near term performance rather than reacting to signs of balance sheet stress. If you follow the stock, it is worth separating shorter term execution questions from the longer term role Lasertec aims to play in its core markets, and watching how management addresses the gap between recent results and prior expectations in upcoming updates or guidance commentary.
분석 기사 • May 02Lasertec Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Lasertec Corporation ( TSE:6920 ) last week released its latest quarterly, and things did not turn...
Reported Earnings • May 01Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥124 (up from JP¥104 in 3Q 2025). Revenue: JP¥41.3b (up 3.5% from 3Q 2025). Net income: JP¥11.1b (up 18% from 3Q 2025). Profit margin: 27% (up from 24% in 3Q 2025). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥41,560, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,547 per share.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥37,740, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,450 per share.
공시 • Mar 13Lasertec Corporation to Report Q3, 2026 Results on Apr 30, 2026Lasertec Corporation announced that they will report Q3, 2026 results on Apr 30, 2026
Declared Dividend • Mar 13First half dividend of JP¥197 announcedShareholders will receive a dividend of JP¥197. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 31%.
Price Target Changed • Mar 10Price target increased by 14% to JP¥35,567Up from JP¥31,313, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of JP¥34,680. Stock is up 129% over the past year. The company is forecast to post earnings per share of JP¥845 for next year compared to JP¥939 last year.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥30,060, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 37% over the past three years.
분석 기사 • Feb 02Lasertec Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearA week ago, Lasertec Corporation ( TSE:6920 ) came out with a strong set of half-yearly numbers that could potentially...
Price Target Changed • Jan 31Price target increased by 7.2% to JP¥29,773Up from JP¥27,773, the current price target is an average from 16 analysts. New target price is 18% below last closing price of JP¥36,390. Stock is up 135% over the past year. The company is forecast to post earnings per share of JP¥832 for next year compared to JP¥939 last year.
Reported Earnings • Jan 31Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥297 (down from JP¥381 in 2Q 2025). Revenue: JP¥74.1b (down 20% from 2Q 2025). Net income: JP¥26.7b (down 22% from 2Q 2025). Profit margin: 36% (down from 37% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공시 • Jan 30+ 1 more updateLasertec Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2026Lasertec Corporation revised consolidated earnings guidance for the fiscal year ending June 30, 2026. For the year, the company now expects net sales of JPY 220,000 million against previous guidance of JPY 200,000 million; operating income of JPY 100,000 million against previous guidance of JPY 85,000 million; Net income attributable to owners of parents of JPY 72,000 million against previous guidance of JPY 60,000 million and net income per share of JPY 801.89 against previous guidance of JPY 665.27. Reason for the revision: The company has revised the full-year forecast for the fiscal year ending June 30, 2026, considering customer acceptance of some products occurring earlier than expected and the trend of foreign exchange fluctuations. The assumed exchange rate for the forecast has been revised to 145 yen/USD (the previous assumption was 135 yen/USD).
분석 기사 • Jan 17Lasertec Corporation's (TSE:6920) 30% Price Boost Is Out Of Tune With EarningsLasertec Corporation ( TSE:6920 ) shares have continued their recent momentum with a 30% gain in the last month alone...
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥35,900, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 46% over the past three years.
분석 기사 • Jan 11Here's Why We Think Lasertec (TSE:6920) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥132 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 09 March 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.2%).
공시 • Dec 12Lasertec Corporation to Report Q2, 2026 Results on Jan 30, 2026Lasertec Corporation announced that they will report Q2, 2026 results on Jan 30, 2026
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥32,200, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 29% over the past three years.
분석 기사 • Nov 08What Lasertec Corporation's (TSE:6920) 44% Share Price Gain Is Not Telling YouLasertec Corporation ( TSE:6920 ) shares have continued their recent momentum with a 44% gain in the last month alone...
Reported Earnings • Nov 01First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥211 (up from JP¥99.02 in 1Q 2025). Revenue: JP¥54.2b (up 48% from 1Q 2025). Net income: JP¥19.1b (up 113% from 1Q 2025). Profit margin: 35% (up from 24% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Nov 01Lasertec Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2026Lasertec Corporation provided consolidated earnings guidance for the year ending June 30, 2026. For the year, the company expects net sales of JPY 200,000 million; operating income of JPY 85,000 million; Net income attributable to owners of parents of 60,000 million and net income per share of JPY 665.75.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 37%After last week's 37% share price gain to JP¥28,575, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 39% over the past three years.
분석 기사 • Oct 29Should You Think About Buying Lasertec Corporation (TSE:6920) Now?Let's talk about the popular Lasertec Corporation ( TSE:6920 ). The company's shares received a lot of attention from a...
분석 기사 • Oct 05Lasertec (TSE:6920) Has Announced A Dividend Of ¥132.00The board of Lasertec Corporation ( TSE:6920 ) has announced that it will pay a dividend on the 9th of March, with...
Declared Dividend • Oct 05Final dividend increased to JP¥132Dividend of JP¥132 is 15% higher than last year. Ex-date: 29th December 2025 Payment date: 9th March 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Sep 23Lasertec Corporation (TSE:6920) Stock Rockets 32% As Investors Are Less Pessimistic Than ExpectedLasertec Corporation ( TSE:6920 ) shares have had a really impressive month, gaining 32% after a shaky period...
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥21,210, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,583 per share.
Buy Or Sell Opportunity • Sep 05Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 7.6% to JP¥15,625. The fair value is estimated to be JP¥12,510, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 2.2% per annum over the same time period.
분석 기사 • Aug 28Is Lasertec Corporation (TSE:6920) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Using the 2 Stage Free Cash Flow to Equity, Lasertec fair value estimate is JP¥12,339 Current share price...
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥17,390, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,378 per share.
Buy Or Sell Opportunity • Aug 14Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.4% to JP¥16,070. The fair value is estimated to be JP¥13,371, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 3.2% per annum over the same time period.
Reported Earnings • Aug 08Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥939 (up from JP¥655 in FY 2024). Revenue: JP¥251.5b (up 18% from FY 2024). Net income: JP¥84.7b (up 43% from FY 2024). Profit margin: 34% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공시 • Aug 07+ 1 more updateLasertec Corporation, Annual General Meeting, Sep 26, 2025Lasertec Corporation, Annual General Meeting, Sep 26, 2025.
Buy Or Sell Opportunity • Jul 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥14,965. The fair value is estimated to be JP¥12,401, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.
분석 기사 • Jul 12At JP¥19,265, Is Lasertec Corporation (TSE:6920) Worth Looking At Closely?Lasertec Corporation ( TSE:6920 ) saw a significant share price rise of 84% in the past couple of months on the TSE...
분석 기사 • Jun 24Lasertec Corporation's (TSE:6920) Shares Climb 30% But Its Business Is Yet to Catch UpLasertec Corporation ( TSE:6920 ) shareholders have had their patience rewarded with a 30% share price jump in the last...
New Risk • Jun 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥18,255, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,173 per share.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥173 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (1.7%).
Price Target Changed • Jun 06Price target decreased by 8.6% to JP¥17,986Down from JP¥19,671, the current price target is an average from 14 analysts. New target price is 24% above last closing price of JP¥14,505. Stock is down 60% over the past year. The company is forecast to post earnings per share of JP¥859 for next year compared to JP¥655 last year.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥15,630, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,853 per share.
Buy Or Sell Opportunity • May 12Now 24% overvaluedOver the last 90 days, the stock has fallen 3.1% to JP¥14,775. The fair value is estimated to be JP¥11,885, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.
Reported Earnings • Apr 29Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥104 (down from JP¥214 in 3Q 2024). Revenue: JP¥39.9b (down 36% from 3Q 2024). Net income: JP¥9.38b (down 52% from 3Q 2024). Profit margin: 24% (down from 31% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥10,630, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Semiconductor industry in Japan. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,624 per share.
공시 • Mar 26Lasertec Corporation Appoints Hiroki Miyai as Executive Officer, Effective April 1, 2025Lasertec Corporation announced the appointment of Hiroki Miyai as Executive Officer concurrently, General Manager, Technology Department 5, previously he was General Manager,Technology Department 5, Effective April 1, 2025.
공시 • Mar 15+ 2 more updatesLasertec Corporation to Report Q3, 2025 Results on Apr 28, 2025Lasertec Corporation announced that they will report Q3, 2025 results on Apr 28, 2025
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥15,100, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,517 per share.
Declared Dividend • Mar 08First half dividend of JP¥173 announcedShareholders will receive a dividend of JP¥173. Ex-date: 27th June 2025 Payment date: 29th September 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (153% cash payout ratio). The dividend has increased by an average of 42% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 01Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: JP¥381 (up from JP¥161 in 2Q 2024). Revenue: JP¥92.2b (up 93% from 2Q 2024). Net income: JP¥34.4b (up 137% from 2Q 2024). Profit margin: 37% (up from 30% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공시 • Jan 03Lasertec Corporation to Report Q2, 2025 Results on Jan 31, 2025Lasertec Corporation announced that they will report Q2, 2025 results on Jan 31, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥115 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
Buy Or Sell Opportunity • Dec 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to JP¥15,590. The fair value is estimated to be JP¥19,561, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Price Target Changed • Nov 09Price target decreased by 7.3% to JP¥28,731Down from JP¥30,998, the current price target is an average from 15 analysts. New target price is 43% above last closing price of JP¥20,050. Stock is down 31% over the past year. The company is forecast to post earnings per share of JP¥864 for next year compared to JP¥655 last year.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥19,840, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,493 per share.
Reported Earnings • Nov 02First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥99.02 (up from JP¥85.40 in 1Q 2024). Revenue: JP¥36.7b (down 22% from 1Q 2024). Net income: JP¥8.93b (up 16% from 1Q 2024). Profit margin: 24% (up from 16% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 37%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Oct 30Now 25% overvaluedOver the last 90 days, the stock has fallen 7.9% to JP¥23,340. The fair value is estimated to be JP¥18,718, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥21,350, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥18,684 per share.
Declared Dividend • Oct 10Final dividend of JP¥115 announcedShareholders will receive a dividend of JP¥115. Ex-date: 27th December 2024 Payment date: 6th March 2025 Dividend yield will be 1.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 61% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 03Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥655 (up from JP¥512 in FY 2023). Revenue: JP¥213.5b (up 40% from FY 2023). Net income: JP¥59.1b (up 28% from FY 2023). Profit margin: 28% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Board Change • Oct 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Takashi Yuri was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Sep 24Lasertec Releases SICA108, SiC Wafer Inspection and Review SystemLasertec Corporation announced the release of SICA108, the latest model of its SiC wafer inspection and review systems. Featuring both surface and photoluminescence (PL) inspection capabilities in one body, SICA108 enables customers to concurrently perform high-speed inspection and high-accuracy classification of surface defects as well as crystallographic defects. SiC power devices are used in a variety of applications, including electric vehicles, air conditioners, solar cells, and railway cars, and facilitate the realization of a carbon-neutral society. However, SiC wafer production processes are technically demanding, and there are still many defects that impact device yields. It therefore remains a challenge to manufacture high-quality SiC wafers stably at a lower cost. Lasertec has released SICA108 to help overcome this challenge. Renewing the inspection optics from SICA88, the current de facto standard tool widely used among many customers, SICA108 provides higher throughput and improved performance in quality analysis of SiC wafers with a lower cost of ownership. Like its predecessor, SICA108 performs surface inspection for detecting scratches, crystal defects, and particles on the wafer surface and PL inspection for detecting basal plane dislocations (BPD) inside Epi layers and stacking faults (SF), concurrently and with high sensitivity. It also features a high-accuracy defect classification capability based on proprietary deep learning algorithm to enable the early detection and analysis of killer defects. It is also compatible with various automation systems used in smart fabs, such as automatic guided vehicles (AGV) and overhead hoist transports (OHT). Lasertec will continue to pursue the development of defect inspection technologies to address customer needs and contribute to the improvement of power device quality and productivity. Features: Concurrent inspection of surface defects and BPD/SF at high speed and with high sensitivity. Detailed classification of various defect types using high-accuracy Automatic Defect Classification (ADC) and high-resolution review images. Compatible with various automation systems, including AGV and OHT. Applications: Incoming and outgoing inspection of SiC bare wafers and SiC Epi wafers. Monitoring of SiC epitaxial growth processes. Monitoring of SiC polishing processes. Management of SiC device manufacturing processes.
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥23,735, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,023 per share.
Reported Earnings • Aug 08Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥655 (up from JP¥512 in FY 2023). Revenue: JP¥213.5b (up 40% from FY 2023). Net income: JP¥59.1b (up 28% from FY 2023). Profit margin: 28% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥19,375, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 8.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,162 per share.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥34,520, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥14,677 per share.
New Risk • May 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). High level of non-cash earnings (46% accrual ratio).
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥42,390, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 142% over the past three years.
공시 • May 03Lasertec Corporation Announces Chief Executive Officer Changes, as of July 1, 2024Lasertec Corporation announced that it has resolved at the board of directors meeting held on April 30, 2024 to make changes in its representative directors and executive officers as follows (as of July 1, 2024): Osamu Okabayashi: Previous position: Representative Director, President & Chief Executive Officer; New position: Representative Director, Chairman & Executive Officer. Tetsuya Sendoda: Previous position: Director, Vice President & Executive Officer concurrently, Chief Sales Officer; New position: Chief Executive Officer. Resume of New Representative Director: Tetsuya Sendoda (April 26, 1977); Career Summary: Jan. 2008, Joined Lasertec Corporation; June 2020, General Manager, Technology Department 2; July 2022, Sales Officer; General Manager, Technology Department 2; and General Manager, Solution Sales Department 1; Sept. 2022 Executive Officer; Sales Officer; General Manager, Technology Department 2; and General Manager, Solution Sales Department 1; April 2023 Executive Officer; Sales Officer; and General Manager, Solution Sales Department 1; Sept. 2023 Director, Vice President & Executive Officer (current); and Chief Sales Officer (current).
Reported Earnings • May 01Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥214 (up from JP¥79.11 in 3Q 2023). Revenue: JP¥62.2b (up 156% from 3Q 2023). Net income: JP¥19.3b (up 171% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥34,350, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥15,037 per share.
공시 • Mar 08+ 2 more updatesLasertec Corporation to Report Q1, 2025 Results on Oct 31, 2024Lasertec Corporation announced that they will report Q1, 2025 results on Oct 31, 2024
공시 • Feb 11Lasertec Corporation to Report Q3, 2024 Results on Apr 30, 2024Lasertec Corporation announced that they will report Q3, 2024 results on Apr 30, 2024