Tokyo Electron Future Growth

Future criteria checks 4/6

Tokyo Electron is forecast to grow earnings and revenue by 16.7% and 12.9% per annum respectively. EPS is expected to grow by 16.8% per annum. Return on equity is forecast to be 29.6% in 3 years.

Key information

16.7%

Earnings growth rate

16.8%

EPS growth rate

Semiconductor earnings growth	17.7%
Revenue growth rate	12.9%
Future return on equity	29.6%
Analyst coverage	Good
Last updated	23 Aug 2024

Recent future growth updates

Tokyo Electron Limited Just Beat EPS By 27%: Here's What Analysts Think Will Happen Next

Aug 12

Tokyo Electron Limited Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Jun 21

Tokyo Electron Limited Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

May 14

Recent updates

Capital Investments At Tokyo Electron (TSE:8035) Point To A Promising Future

Aug 27

Tokyo Electron Limited Just Beat EPS By 27%: Here's What Analysts Think Will Happen Next

Aug 12

Tokyo Electron (TSE:8035) Is Due To Pay A Dividend Of ¥200.00

Aug 08

Why We're Not Concerned Yet About Tokyo Electron Limited's (TSE:8035) 26% Share Price Plunge

Aug 05

Tokyo Electron's (TSE:8035) Dividend Will Be ¥200.00

Jul 25

Tokyo Electron (TSE:8035) Has Announced A Dividend Of ¥200.00

Jul 11

Tokyo Electron Limited Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Jun 21

What Does Tokyo Electron Limited's (TSE:8035) Share Price Indicate?

May 31

Tokyo Electron Limited Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

May 14

Returns On Capital At Tokyo Electron (TSE:8035) Paint A Concerning Picture

Apr 12

Investors Appear Satisfied With Tokyo Electron Limited's (TSE:8035) Prospects As Shares Rocket 29%

Feb 26

Earnings and Revenue Growth Forecasts

TSE:8035 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	3,022,087	728,553	576,552	664,140	15
3/31/2026	2,673,342	616,667	461,128	518,842	19
3/31/2025	2,298,485	475,705	348,421	469,546	15
6/30/2024	1,993,852	425,840	377,321	492,767	N/A
3/31/2024	1,830,527	363,963	309,740	434,720	N/A
12/31/2023	1,841,530	357,688	N/A	N/A	N/A
9/30/2023	1,845,700	341,729	266,369	363,501	N/A
6/30/2023	2,127,117	447,801	N/A	N/A	N/A
3/31/2023	2,209,025	471,584	349,957	426,270	N/A
12/31/2022	2,215,546	479,750	N/A	N/A	N/A
9/30/2022	2,254,188	504,203	268,416	340,864	N/A
6/30/2022	2,025,410	424,808	N/A	N/A	N/A
3/31/2022	2,003,805	437,076	218,284	283,387	N/A
12/31/2021	1,878,205	395,008	N/A	N/A	N/A
9/30/2021	1,663,456	331,148	181,583	245,876	N/A
6/30/2021	1,536,328	286,852	N/A	N/A	N/A
3/31/2021	1,399,102	242,941	84,958	145,888	N/A
12/31/2020	1,283,275	215,333	N/A	N/A	N/A
9/30/2020	1,287,004	218,496	161,797	217,841	N/A
6/30/2020	1,225,688	209,764	N/A	N/A	N/A
3/31/2020	1,127,286	185,206	200,365	253,117	N/A
12/31/2019	1,122,932	192,154	N/A	N/A	N/A
9/30/2019	1,095,648	191,656	147,961	195,253	N/A
6/30/2019	1,199,092	224,381	N/A	N/A	N/A
3/31/2019	1,278,240	248,228	143,055	189,572	N/A
12/31/2018	1,315,182	257,113	N/A	N/A	N/A
9/30/2018	1,304,786	248,997	203,623	254,156	N/A
6/30/2018	1,189,901	218,860	N/A	N/A	N/A
3/31/2018	1,130,728	204,371	N/A	186,582	N/A
12/31/2017	1,035,382	178,674	N/A	N/A	N/A
9/30/2017	963,973	163,910	N/A	152,888	N/A
6/30/2017	888,139	143,776	N/A	N/A	N/A
3/31/2017	799,719	115,208	N/A	136,948	N/A
12/31/2016	703,313	86,574	N/A	N/A	N/A
9/30/2016	675,719	78,481	N/A	73,829	N/A
6/30/2016	656,162	71,094	N/A	N/A	N/A
3/31/2016	663,948	77,891	N/A	69,398	N/A
12/31/2015	681,551	93,655	N/A	N/A	N/A
9/30/2015	659,802	93,248	N/A	76,044	N/A
6/30/2015	617,561	79,534	N/A	N/A	N/A
3/31/2015	613,124	71,888	N/A	71,806	N/A
12/31/2014	650,565	53,681	N/A	N/A	N/A
9/30/2014	651,943	-1,868	N/A	88,004	N/A
6/30/2014	660,043	-4,597	N/A	N/A	N/A
3/31/2014	612,170	-19,408	N/A	44,449	N/A
12/31/2013	531,688	-28,609	N/A	N/A	N/A
9/30/2013	485,199	2,462	N/A	10,129	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8035's forecast earnings growth (16.7% per year) is above the savings rate (0.3%).

Earnings vs Market: 8035's earnings (16.7% per year) are forecast to grow faster than the JP market (8.5% per year).

High Growth Earnings: 8035's earnings are forecast to grow, but not significantly.

Revenue vs Market: 8035's revenue (12.9% per year) is forecast to grow faster than the JP market (4.3% per year).

High Growth Revenue: 8035's revenue (12.9% 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 (29.6%)

Tokyo Electron Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Tokyo Electron Limited Just Beat EPS By 27%: Here's What Analysts Think Will Happen Next

Tokyo Electron Limited Revises Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025

Tokyo Electron Limited Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Tokyo Electron Limited Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Price target increased by 7.6% to JP¥37,693

Tokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024

Recent updates

Capital Investments At Tokyo Electron (TSE:8035) Point To A Promising Future

Tokyo Electron Limited Just Beat EPS By 27%: Here's What Analysts Think Will Happen Next

First quarter 2025 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron (TSE:8035) Is Due To Pay A Dividend Of ¥200.00

Tokyo Electron Limited Revises Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 23%

Why We're Not Concerned Yet About Tokyo Electron Limited's (TSE:8035) 26% Share Price Plunge

New minor risk - Dividend sustainability

Tokyo Electron's (TSE:8035) Dividend Will Be ¥200.00

Investor sentiment deteriorates as stock falls 20%

Tokyo Electron (TSE:8035) Has Announced A Dividend Of ¥200.00

Final dividend of JP¥200 announced

Tokyo Electron Limited to Report Q1, 2025 Results on Aug 08, 2024

Tokyo Electron Limited Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Full year 2024 earnings: EPS exceeds analyst expectations

What Does Tokyo Electron Limited's (TSE:8035) Share Price Indicate?

Tokyo Electron Limited Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Full year 2024 earnings: EPS exceeds analyst expectations

Tokyo Electron Limited Resolves to Pay Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on May 29, 2024

Investor sentiment deteriorates as stock falls 15%

Returns On Capital At Tokyo Electron (TSE:8035) Paint A Concerning Picture

Less than half of directors are independent

Tokyo Electron Limited, Annual General Meeting, Jun 18, 2024

Tokyo Electron Limited Announces Retirement of Makiko Eda as Corporate Director and Masataka Hama as Audit & Supervisory Board Member

Tokyo Electron Limited to Report Fiscal Year 2024 Results on May 10, 2024

Upcoming dividend of JP¥219 per share

Price target increased by 7.6% to JP¥37,693

Investors Appear Satisfied With Tokyo Electron Limited's (TSE:8035) Prospects As Shares Rocket 29%

New minor risk - Share price stability

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024

Price target increased by 7.5% to JP¥25,537

Tokyo Electron Limited to Report Q3, 2024 Results on Feb 09, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Declares Interim Dividend for the First Half of the Fiscal Year Ending March 31, 2024, Payable on December 7, 2023

Tokyo Electron Limited to Report Q2, 2024 Results on Nov 10, 2023

Upcoming dividend of JP¥128 per share at 1.6% yield

Tokyo Electron Limited Provides Dividend Guidance Second Quarter and Year Ending March 31, 2024

First quarter 2024 earnings: EPS exceeds analyst expectations

New minor risk - Share price stability

Tokyo Electron Limited to Report Q1, 2024 Results on Aug 10, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.3% to JP¥19,242

Investor sentiment improves as stock rises 16%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Revises Dividend Guidance for the Fiscal Year Ended March 31, 2023, Payable on May 31, 2023

Price target decreased by 9.2% to JP¥17,725

Price target increased by 13% to JP¥19,552

Upcoming dividend of JP¥731 per share at 2.8% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Revises Dividend Guidance for the Year Ending March 31, 2023

Tokyo Electron Limited to Report Q3, 2023 Results on Feb 09, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Tokyo Electron Limited Provides Dividend Guidance for the Year Ending March 31, 2023

Now 20% undervalued after recent price drop

Price target decreased to JP¥46,900

Tokyo Electron Limited to Report Q2, 2023 Results on Nov 10, 2022

Upcoming dividend of JP¥751 per share

Tokyo Electron Limited Provides Earnings Outlook for the Six Months Ending September 30, 2022 and Fiscal Year Ending March 31, 2023

Now 25% undervalued after recent price drop

First quarter 2023 earnings: EPS and revenues miss analyst expectations

High number of new directors

Full year 2022 earnings: Revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Tokyo Electron Limited Provides Earnings Outlook for the Fiscal Year Ending March 31, 2024 and Term Ending March 31, 2027

Tokyo Electron Limited Announces Personnel Changes

Full year 2022 earnings: EPS and revenues exceed analyst expectations