Tokyo Electron Limited

OTCPK:TOEL.F Stock Report

Market Cap: US$139.9b

Tokyo Electron Valuation

Is TOEL.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of TOEL.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: TOEL.F ($320.54) is trading above our estimate of future cash flow value ($135.5)

Significantly Below Future Cash Flow Value: TOEL.F is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TOEL.F?

Key metric: As TOEL.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TOEL.F. This is calculated by dividing TOEL.F's market cap by their current earnings.
What is TOEL.F's PE Ratio?
PE Ratio38.7x
EarningsJP¥574.45b
Market CapJP¥22.23t

Price to Earnings Ratio vs Peers

How does TOEL.F's PE Ratio compare to its peers?

The above table shows the PE ratio for TOEL.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average49.6x
KLAC KLA
49.1x18.32%US$235.7b
LRCX Lam Research
51.8x19.02%US$356.1b
AMAT Applied Materials
38.6x17.93%US$346.5b
TER Teradyne
58.8x22.28%US$52.9b
TOEL.F Tokyo Electron
38.7x13.96%US$22.2t

Price-To-Earnings vs Peers: TOEL.F is good value based on its Price-To-Earnings Ratio (38.7x) compared to the peer average (49.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does TOEL.F's PE Ratio compare vs other companies in the US Semiconductor Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NA Nano Labs
2.8xn/aUS$58.07m
MTLK Metalink
3xn/aUS$258.03k
CHJI China Changjiang Mining & New Energy Company
0.3xn/aUS$19.39k
No more companies available in this PE range
TOEL.F 38.7xIndustry Avg. 61.7xNo. of Companies7PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TOEL.F is good value based on its Price-To-Earnings Ratio (38.7x) compared to the US Semiconductor industry average (61.7x).

Price to Earnings Ratio vs Fair Ratio

What is TOEL.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TOEL.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.7x
Fair PE Ratio50.6x

Price-To-Earnings vs Fair Ratio: TOEL.F is good value based on its Price-To-Earnings Ratio (38.7x) compared to the estimated Fair Price-To-Earnings Ratio (50.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TOEL.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$320.54
US$326.12
+1.74%
16.84%US$443.39US$167.86n/a21
May ’27US$313.88
US$313.34
-0.17%
17.38%US$445.68US$168.72n/a21
Apr ’27US$242.89
US$300.80
+23.84%
16.99%US$390.64US$166.97n/a22
Mar ’27US$282.01
US$285.94
+1.39%
18.41%US$397.02US$169.69n/a22
Feb ’27US$275.44
US$250.63
-9.01%
17.82%US$323.08US$144.74n/a22
Jan ’27US$223.51
US$227.95
+1.98%
13.70%US$281.93US$143.53n/a22
Dec ’26US$197.95
US$222.38
+12.34%
14.67%US$281.78US$143.45n/a22
Nov ’26US$222.65
US$206.56
-7.23%
19.12%US$285.52US$142.76n/a22
Oct ’26US$176.58
US$186.63
+5.69%
12.97%US$239.97US$146.16n/a22
Sep ’26US$142.03
US$190.22
+33.94%
13.09%US$239.83US$146.07n/a22
Aug ’26US$152.01
US$202.67
+33.33%
12.23%US$250.95US$145.82n/a22
Jul ’26US$185.02
US$205.48
+11.05%
11.83%US$257.35US$159.80n/a21
Jun ’26US$153.83
US$207.79
+35.08%
13.13%US$276.04US$167.01n/a20
May ’26US$152.06
US$207.83
+36.67%
13.13%US$274.86US$166.29US$313.8820
Apr ’26US$132.54
US$209.18
+57.83%
11.51%US$264.83US$160.88US$242.8919
Mar ’26US$152.14
US$212.99
+40.00%
12.25%US$267.20US$162.33US$282.0119
Feb ’26US$162.88
US$202.84
+24.54%
13.08%US$257.92US$156.69US$275.4419
Jan ’26US$144.05
US$204.27
+41.81%
14.83%US$260.91US$154.64US$223.5119
Dec ’25US$150.28
US$220.83
+46.95%
14.97%US$270.70US$160.44US$197.9517
Nov ’25US$144.53
US$223.79
+54.83%
13.84%US$267.45US$169.61US$222.6517
Oct ’25US$174.55
US$247.81
+41.97%
14.41%US$307.19US$187.38US$176.5817
Sep ’25US$178.05
US$257.77
+44.77%
14.30%US$325.01US$203.56US$142.0318
Aug ’25US$191.28
US$274.03
+43.26%
11.99%US$323.85US$200.32US$152.0118
Jul ’25US$216.61
US$254.49
+17.49%
13.21%US$301.49US$186.49US$185.0218
Jun ’25US$211.80
US$256.28
+21.00%
15.83%US$308.64US$152.73US$153.8318
May ’25US$219.00
US$254.36
+16.14%
15.21%US$308.90US$153.81US$152.0618
US$335.02
Fair Value
4.3% undervalued intrinsic discount
21
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 22:27
End of Day Share Price 2026/05/18 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tokyo Electron Limited is covered by 32 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masahiro NakanomyoBarclays
Tammy QiuBerenberg
Hao DaiBernstein