| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
8035 Overview
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, and internationally.
Share Price & News
How has Tokyo Electron's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8035 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 8035's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.1%
8035
1.2%
JP Semiconductor
0.4%
JP Market
1 Year Return
111.1%
8035
98.4%
JP Semiconductor
25.6%
JP Market
Return vs Industry: 8035 exceeded the JP Semiconductor industry which returned 98.4% over the past year.
Return vs Market: 8035 exceeded the JP Market which returned 25.6% over the past year.
Shareholder returns
| 8035 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.1% | 1.2% | 0.4% |
| 30 Day | 29.1% | 28.1% | 11.3% |
| 90 Day | 14.7% | 15.5% | 10.0% |
| 1 Year | 116.0%111.1% | 101.4%98.4% | 28.2%25.6% |
| 3 Year | 283.6%248.0% | 184.2%168.1% | 25.2%16.6% |
| 5 Year | 623.2%513.7% | 362.3%323.2% | 73.8%54.6% |
Long-Term Price Volatility Vs. Market
How volatile is Tokyo Electron's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Tokyo Electron Fundamentals Summary
| 8035 fundamental statistics | |
|---|---|
| Market Cap | JP¥8.62t |
| Earnings (TTM) | JP¥286.85b |
| Revenue (TTM) | JP¥1.54t |
30.1x
P/E Ratio5.6x
P/S RatioIs 8035 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 8035 income statement (TTM) | |
|---|---|
| Revenue | JP¥1.54t |
| Cost of Revenue | JP¥888.95b |
| Gross Profit | JP¥647.38b |
| Expenses | JP¥360.53b |
| Earnings | JP¥286.85b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.84k |
| Gross Margin | 42.14% |
| Net Profit Margin | 18.67% |
| Debt/Equity Ratio | 0.0% |
How did 8035 perform over the long term?
See historical performance and comparisonDividends
2.3%
Current Dividend Yield42%
Payout RatioDoes 8035 pay a reliable dividends?
See 8035 dividend history and benchmarks| Tokyo Electron dividend dates | |
|---|---|
| Ex Dividend Date | Sep 29 2021 |
| Dividend Pay Date | Nov 27 2021 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 67 days |
Does 8035 pay a reliable dividends?
See 8035 dividend history and benchmarksValuation
Is Tokyo Electron undervalued compared to its fair value and its price relative to the market?
30.06x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 8035 (¥55430) is trading above our estimate of fair value (¥52521.6)
Significantly Below Fair Value: 8035 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 8035 is poor value based on its PE Ratio (30.1x) compared to the JP Semiconductor industry average (22.3x).
PE vs Market: 8035 is poor value based on its PE Ratio (30.1x) compared to the JP market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: 8035 is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: 8035 is overvalued based on its PB Ratio (8x) compared to the JP Semiconductor industry average (2.1x).
Future Growth
How is Tokyo Electron forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
6.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8035's forecast earnings growth (6.9% per year) is above the savings rate (0%).
Earnings vs Market: 8035's earnings (6.9% per year) are forecast to grow slower than the JP market (10.2% per year).
High Growth Earnings: 8035's earnings are forecast to grow, but not significantly.
Revenue vs Market: 8035's revenue (5.4% per year) is forecast to grow faster than the JP market (4.8% per year).
High Growth Revenue: 8035's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8035's Return on Equity is forecast to be high in 3 years time (27.6%)
Past Performance
How has Tokyo Electron performed over the past 5 years?
16.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8035 has high quality earnings.
Growing Profit Margin: 8035's current net profit margins (18.7%) are higher than last year (17.1%).
Past Earnings Growth Analysis
Earnings Trend: 8035's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: 8035's earnings growth over the past year (36.8%) exceeds its 5-year average (16.2% per year).
Earnings vs Industry: 8035 earnings growth over the past year (36.8%) underperformed the Semiconductor industry 43.1%.
Return on Equity
High ROE: 8035's Return on Equity (26.8%) is considered high.
Financial Health
How is Tokyo Electron's financial position?
Financial Position Analysis
Short Term Liabilities: 8035's short term assets (¥1,022.7B) exceed its short term liabilities (¥303.1B).
Long Term Liabilities: 8035's short term assets (¥1,022.7B) exceed its long term liabilities (¥75.8B).
Debt to Equity History and Analysis
Debt Level: 8035 is debt free.
Reducing Debt: 8035 has not had any debt for past 5 years.
Debt Coverage: 8035 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8035 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Tokyo Electron current dividend yield, its reliability and sustainability?
2.26%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 8035's dividend (2.26%) is higher than the bottom 25% of dividend payers in the JP market (1.27%).
High Dividend: 8035's dividend (2.26%) is low compared to the top 25% of dividend payers in the JP market (2.94%).
Stability and Growth of Payments
Stable Dividend: 8035's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8035's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.3%), 8035's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Toshiki Kawai (58 yo)
5.67yrs
Tenure
JP¥924,000,000
Compensation
Mr. Toshiki Kawai has been the Chief Executive Officer and President at Tokyo Electron Limited since January 1, 2016 and served as its General Manager of Business Division from January 01, 2016 to 2018. Mr...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Toshiki's total compensation is reasonable compared to companies of similar size in the JP market.
Compensation vs Earnings: Toshiki's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: 8035's management team is seasoned and experienced (5.2 years average tenure).
Board Members
Experienced Board: 8035's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tokyo Electron Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tokyo Electron Limited
- Ticker: 8035
- Exchange: TSE
- Founded: 1951
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: JP¥8.623t
- Shares outstanding: 155.56m
- Website: https://www.tel.com
Number of Employees
Location
- Tokyo Electron Limited
- Akasaka Biz Tower
- 3-1 Akasaka 5-chome
- Tokyo
- 107-6325
- Japan
Listings
Biography
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, Sou...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/20 08:04 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.