Reported Earnings • 23h
First quarter 2026 earnings released: EPS: JP¥128 (vs JP¥78.27 in 1Q 2025) First quarter 2026 results: EPS: JP¥128 (up from JP¥78.27 in 1Q 2025). Revenue: JP¥12.7b (up 38% from 1Q 2025). Net income: JP¥1.16b (up 63% from 1Q 2025). Profit margin: 9.1% (up from 7.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥11,850, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 23x in the Semiconductor industry in Japan. Total returns to shareholders of 380% over the past three years. Announcement • May 09
Tera Probe, Inc. to Report Q1, 2026 Results on May 15, 2026 Tera Probe, Inc. announced that they will report Q1, 2026 results on May 15, 2026 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥9,510, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 281% over the past three years. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥8,260, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 219% over the past three years. Reported Earnings • Feb 11
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥370 (down from JP¥386 in FY 2024). Revenue: JP¥41.7b (up 13% from FY 2024). Net income: JP¥3.37b (down 4.0% from FY 2024). Profit margin: 8.1% (down from 9.5% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings. Announcement • Feb 10
Tera Probe, Inc., Annual General Meeting, Mar 26, 2026 Tera Probe, Inc., Annual General Meeting, Mar 26, 2026. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥7,990, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 287% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥87.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Announcement • Dec 09
Tera Probe, Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026 Tera Probe, Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026 Major Estimate Revision • Nov 21
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥40.5b to JP¥41.5b. EPS estimate increased from JP¥291 to JP¥324 per share. Net income forecast to grow 0.9% next year vs 12% growth forecast for Semiconductor industry in Japan. Consensus price target of JP¥5,000 unchanged from last update. Share price fell 5.2% to JP¥5,300 over the past week. Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: JP¥96.95 (vs JP¥83.10 in 3Q 2024) Third quarter 2025 results: EPS: JP¥96.95 (up from JP¥83.10 in 3Q 2024). Revenue: JP¥10.8b (up 17% from 3Q 2024). Net income: JP¥882.0m (up 17% from 3Q 2024). Profit margin: 8.2% (in line with 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. New Risk • Oct 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% 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 Risk Share price has been highly volatile over the past 3 months (7.7% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Sep 30
Tera Probe, Inc. to Report Q3, 2025 Results on Nov 14, 2025 Tera Probe, Inc. announced that they will report Q3, 2025 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥4,195, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 211% over the past three years. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: JP¥63.65 (vs JP¥98.49 in 2Q 2024) Second quarter 2025 results: EPS: JP¥63.65 (down from JP¥98.49 in 2Q 2024). Revenue: JP¥9.77b (down 1.6% from 2Q 2024). Net income: JP¥579.0m (down 35% from 2Q 2024). Profit margin: 5.9% (down from 9.0% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 3.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio). Announcement • Jun 03
Tera Probe, Inc. to Report Q2, 2025 Results on Aug 14, 2025 Tera Probe, Inc. announced that they will report Q2, 2025 results on Aug 14, 2025 Reported Earnings • May 20
First quarter 2025 earnings released: EPS: JP¥78.27 (vs JP¥101 in 1Q 2024) First quarter 2025 results: EPS: JP¥78.27 (down from JP¥101 in 1Q 2024). Revenue: JP¥9.25b (up 3.4% from 1Q 2024). Net income: JP¥712.0m (down 23% from 1Q 2024). Profit margin: 7.7% (down from 10% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,643, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 113% over the past three years. New Risk • Apr 07
New major risk - Share price stability The 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,555, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 89% over the past three years. Announcement • Mar 07
Tera Probe, Inc. to Report Q1, 2025 Results on May 15, 2025 Tera Probe, Inc. announced that they will report Q1, 2025 results on May 15, 2025 Reported Earnings • Feb 16
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥386 (down from JP¥450 in FY 2023). Revenue: JP¥37.1b (up 4.8% from FY 2023). Net income: JP¥3.51b (down 14% from FY 2023). Profit margin: 9.5% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.7%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year. Announcement • Feb 14
Tera Probe, Inc., Annual General Meeting, Mar 27, 2025 Tera Probe, Inc., Annual General Meeting, Mar 27, 2025. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥3,385, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 127% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥110 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Announcement • Dec 04
Tera Probe, Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 Tera Probe, Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 Major Estimate Revision • Nov 26
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥38.5b to JP¥37.0b. EPS estimate also fell from JP¥396 per share to JP¥352 per share. Net income forecast to shrink 17% next year vs 14% growth forecast for Semiconductor industry in Japan . Consensus price target down from JP¥5,300 to JP¥5,000. Share price rose 4.2% to JP¥2,840 over the past week. New Risk • Nov 25
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Announcement • Sep 13
Tera Probe, Inc. to Report Q3, 2024 Results on Nov 14, 2024 Tera Probe, Inc. announced that they will report Q3, 2024 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,510, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 107% over the past three years. Major Estimate Revision • Aug 22
Consensus EPS estimates increase by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥38.0b to JP¥38.5b. EPS estimate increased from JP¥330 to JP¥396 per share. Net income forecast to shrink 9.9% next year vs 21% growth forecast for Semiconductor industry in Japan . Consensus price target up from JP¥5,000 to JP¥5,300. Share price rose 4.7% to JP¥4,335 over the past week. Reported Earnings • Aug 19
Second quarter 2024 earnings released: EPS: JP¥98.49 (vs JP¥85.74 in 2Q 2023) Second quarter 2024 results: EPS: JP¥98.49 (up from JP¥85.74 in 2Q 2023). Revenue: JP¥9.93b (up 15% from 2Q 2023). Net income: JP¥896.0m (up 15% from 2Q 2023). Profit margin: 9.0% (down from 9.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% 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 39% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥4,140, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 192% over the past three years. New Risk • Jul 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.3% 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 (7.3% average weekly change). Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,960, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 140% over the past three years. Buy Or Sell Opportunity • Jul 18
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to JP¥4,510. The fair value is estimated to be JP¥5,994, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to decline by 11% in the next 2 years. Announcement • Jun 15
Tera Probe, Inc. to Report Q2, 2024 Results on Aug 14, 2024 Tera Probe, Inc. announced that they will report Q2, 2024 results on Aug 14, 2024 Buy Or Sell Opportunity • Jun 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 36% to JP¥4,465. The fair value is estimated to be JP¥5,621, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to decline by 11% in the next 2 years. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: JP¥101 (vs JP¥125 in 1Q 2023) First quarter 2024 results: EPS: JP¥101 (down from JP¥125 in 1Q 2023). Revenue: JP¥8.95b (up 8.5% from 1Q 2023). Net income: JP¥921.0m (down 19% from 1Q 2023). Profit margin: 10% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% 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 50% per year and the company’s share price has also increased by 50% per year. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥6,410, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 493% over the past three years. Announcement • Mar 09
Tera Probe, Inc. to Report Q1, 2024 Results on May 14, 2024 Tera Probe, Inc. announced that they will report Q1, 2024 results on May 14, 2024 Buy Or Sell Opportunity • Mar 01
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to JP¥7,110. The fair value is estimated to be JP¥5,891, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 61%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are forecast to decline by 3.1% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥5,640, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 438% over the past three years. Announcement • Feb 08
Tera Probe, Inc., Annual General Meeting, Mar 28, 2024 Tera Probe, Inc., Annual General Meeting, Mar 28, 2024. Reported Earnings • Feb 08
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥450 (up from JP¥345 in FY 2022). Revenue: JP¥35.4b (up 6.6% from FY 2022). Net income: JP¥4.09b (up 31% from FY 2022). Profit margin: 12% (up from 9.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 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 61% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥7,510, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 691% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥54.00 per share at 0.8% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Payout ratio is a comfortable 12% but the company is paying out more than the cash it is generating. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥6,610, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 875% over the past three years. Announcement • Dec 06
Tera Probe, Inc. to Report Fiscal Year 2023 Results on Feb 06, 2024 Tera Probe, Inc. announced that they will report fiscal year 2023 results on Feb 06, 2024 Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥5,430, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 730% over the past three years. New Risk • Nov 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% 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 (7.9% average weekly change). Earnings are forecast to decline by an average of 6.5% per year for the foreseeable future. Reported Earnings • Nov 12
Third quarter 2023 earnings released: EPS: JP¥108 (vs JP¥104 in 3Q 2022) Third quarter 2023 results: EPS: JP¥108 (up from JP¥104 in 3Q 2022). Revenue: JP¥9.18b (up 5.4% from 3Q 2022). Net income: JP¥984.0m (up 4.0% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥5,080, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 622% over the past three years. Announcement • Sep 02
Tera Probe, Inc. to Report Q3, 2023 Results on Nov 10, 2023 Tera Probe, Inc. announced that they will report Q3, 2023 results on Nov 10, 2023 Board Change • Aug 22
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Yoichi Kuroki was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: JP¥85.74 (vs JP¥60.57 in 2Q 2022) Second quarter 2023 results: EPS: JP¥85.74 (up from JP¥60.57 in 2Q 2022). Revenue: JP¥8.62b (up 4.8% from 2Q 2022). Net income: JP¥780.0m (up 42% from 2Q 2022). Profit margin: 9.1% (up from 6.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥4,275, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 469% over the past three years. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥3,735, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 400% over the past three years. Announcement • Jun 09
Tera Probe, Inc. to Report Q2, 2023 Results on Aug 10, 2023 Tera Probe, Inc. announced that they will report Q2, 2023 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥3,130, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Semiconductor industry in Japan. Total returns to shareholders of 341% over the past three years. Reported Earnings • May 17
First quarter 2023 earnings released: EPS: JP¥125 (vs JP¥63.65 in 1Q 2022) First quarter 2023 results: EPS: JP¥125 (up from JP¥63.65 in 1Q 2022). Revenue: JP¥8.25b (up 8.8% from 1Q 2022). Net income: JP¥1.14b (up 96% from 1Q 2022). Profit margin: 14% (up from 7.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Buying Opportunity • May 15
Now 22% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be JP¥3,338, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings is also forecast to grow by 0.6% per annum over the same time period. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,942, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Semiconductor industry in Japan. Total returns to shareholders of 316% over the past three years. Reported Earnings • Mar 28
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥345 (up from JP¥197 in FY 2021). Revenue: JP¥33.2b (up 28% from FY 2021). Net income: JP¥3.13b (up 75% from FY 2021). Profit margin: 9.4% (up from 6.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Revenue is forecast to grow 6.3% 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 92% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,557, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Semiconductor industry in Japan. Total returns to shareholders of 278% over the past three years. Reported Earnings • Feb 12
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥345 (up from JP¥197 in FY 2021). Revenue: JP¥33.2b (up 28% from FY 2021). Net income: JP¥3.13b (up 75% from FY 2021). Profit margin: 9.4% (up from 6.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Announcement • Feb 12
Tera Probe, Inc., Annual General Meeting, Mar 23, 2023 Tera Probe, Inc., Annual General Meeting, Mar 23, 2023. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥2,070, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Semiconductor industry in Japan. Total returns to shareholders of 100% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%). Announcement • Dec 06
Tera Probe, Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023 Tera Probe, Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥104 (vs JP¥53.64 in 3Q 2021) Third quarter 2022 results: EPS: JP¥104 (up from JP¥53.64 in 3Q 2021). Revenue: JP¥8.72b (up 30% from 3Q 2021). Net income: JP¥946.0m (up 94% from 3Q 2021). Profit margin: 11% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% 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 102% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Koji Iwama was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: JP¥104 (vs JP¥53.64 in 3Q 2021) Third quarter 2022 results: EPS: JP¥104 (up from JP¥53.64 in 3Q 2021). Revenue: JP¥8.72b (up 30% from 3Q 2021). Net income: JP¥946.0m (up 94% from 3Q 2021). Profit margin: 11% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Sep 07
Tera Probe, Inc. to Report Q3, 2022 Results on Nov 10, 2022 Tera Probe, Inc. announced that they will report Q3, 2022 results on Nov 10, 2022 Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: JP¥60.57 (vs JP¥53.20 in 2Q 2021) Second quarter 2022 results: EPS: JP¥60.57 (up from JP¥53.20 in 2Q 2021). Revenue: JP¥8.22b (up 30% from 2Q 2021). Net income: JP¥551.0m (up 14% from 2Q 2021). Profit margin: 6.7% (down from 7.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 20% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Announcement • Jun 03
Tera Probe, Inc. to Report Q2, 2022 Results on Aug 10, 2022 Tera Probe, Inc. announced that they will report Q2, 2022 results on Aug 10, 2022 Reported Earnings • May 19
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: JP¥63.65 (up from JP¥30.67 in 1Q 2021). Revenue: JP¥7.58b (up 38% from 1Q 2021). Net income: JP¥579.0m (up 108% from 1Q 2021). Profit margin: 7.6% (up from 5.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 12%, compared to a 21% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,455, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Semiconductor industry in Japan. Total returns to shareholders of 144% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Koji Iwama was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
Tera Probe, Inc. to Report Q1, 2022 Results on May 13, 2022 Tera Probe, Inc. announced that they will report Q1, 2022 results on May 13, 2022 Announcement • Feb 12
Tera Probe, Inc., Annual General Meeting, Mar 24, 2022 Tera Probe, Inc., Annual General Meeting, Mar 24, 2022. Reported Earnings • Feb 12
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: JP¥197 (up from JP¥26.16 in FY 2020). Revenue: JP¥25.9b (up 42% from FY 2020). Net income: JP¥1.79b (up JP¥1.56b from FY 2020). Profit margin: 6.9% (up from 1.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 12%, compared to a 24% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥2,153, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 222% over the past three years.