Valuation Tokyo Electron Limited

Equities

8035

JP3571400005

Semiconductor Equipment & Testing

Market Closed - Japan Exchange Other stock markets 12:00:00 06/02/2026 pm IST			5-day change	1st Jan Change
41,030.00 ^JPY	+2.60%		-0.68%	+19.55%

06/02	Tokyo Electron Limited authorizes a Buyback Plan.	CI
06/02	Tokyo Electron Limited announces an Equity Buyback for 7,500,000 shares, representing 1.63% for ¥150,000 million.	CI

Company Valuation: Tokyo Electron Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	72,76,081	98,49,367	75,11,064	1,83,17,132	92,11,693	1,88,08,352	-	-
Change	-	35.37%	-23.74%	143.87%	-49.71%	104.18%	-	-
Enterprise Value (EV) ¹	69,64,529	94,78,093	70,37,964	1,78,44,584	87,15,455	1,82,95,804	1,83,36,605	1,81,88,689
Change	-	36.09%	-25.74%	153.55%	-51.16%	109.92%	0.22%	-0.81%
P/E ratio	30x	22.5x	15.9x	50.5x	17x	35.8x	30.4x	25.7x
PBR	7.18x	7.38x	4.73x	10.5x	5.01x	9.14x	8.12x	7.05x
PEG	-	0.3x	2.07x	-2.3x	0.3x	-11.63x	1.7x	1.4x
Capitalization / Revenue	5.2x	4.92x	3.4x	10x	3.79x	7.79x	6.69x	6.01x
EV / Revenue	4.98x	4.73x	3.19x	9.75x	3.58x	7.58x	6.52x	5.81x
EV / EBITDA	19.6x	14.9x	10.7x	35.1x	11.5x	26.7x	20.3x	17.1x
EV / EBIT	21.7x	15.8x	11.4x	39.1x	12.5x	30.5x	23.3x	19.6x
EV / FCF	54.6x	41.6x	19.6x	57.6x	21.1x	46x	42x	32.7x
FCF Yield	1.83%	2.4%	5.11%	1.73%	4.73%	2.17%	2.38%	3.06%
Dividend per Share ²	260.3	467.7	570.3	393	592	573.4	680.4	818.4
Rate of return	1.67%	2.22%	3.56%	0.99%	2.94%	1.4%	1.66%	1.99%
EPS ²	520.7	935.9	1,008	783.8	1,182	1,146	1,348	1,599
Distribution rate	50%	50%	56.6%	50.1%	50.1%	50%	50.5%	51.2%
Net sales ¹	13,99,102	20,03,805	22,09,025	18,30,527	24,31,568	24,14,310	28,10,692	31,28,318
EBITDA ¹	3,54,727	6,35,998	6,60,650	5,08,602	7,59,467	6,85,869	9,01,689	10,63,854
EBIT ¹	3,20,685	5,99,271	6,17,723	4,56,263	6,97,319	5,99,453	7,87,905	9,29,223
Net income ¹	2,42,941	4,37,076	4,71,584	3,63,963	5,44,133	5,24,350	6,14,789	7,24,132
Net Debt ¹	-3,11,552	-3,71,274	-4,73,100	-4,72,548	-4,96,238	-5,12,548	-4,71,747	-6,19,663
Reference price ²	15,596.67	21,083.33	16,040.00	39,570.00	20,110.00	41,030.00	41,030.00	41,030.00
Nbr of stocks (in thousands)	4,66,515	4,67,164	4,68,271	4,62,905	4,58,065	4,58,405	-	-
Announcement Date	30/04/21	12/05/22	11/05/23	10/05/24	30/04/25	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TOKYO ELECTRON LIMITED	35.8x	7.58x	26.68x	1.4%	12TCr
ASML HOLDING N.V.	47.95x	13.97x	36.82x	0.61%	54TCr
LAM RESEARCH CORPORATION	44.29x	12.83x	35.52x	0.45%	29TCr
ASE TECHNOLOGY HOLDING CO., LTD.	34.91x	2.38x	13.1x	1.83%	4.2TCr
ENTEGRIS, INC.	79.14x	6.89x	24.98x	0.33%	1.86TCr
LASERTEC CORPORATION	35.85x	11.41x	24.04x	1.07%	1.72TCr
SCREEN HOLDINGS CO., LTD.	22.16x	2.75x	13.02x	1.44%	1.21TCr
AMKOR TECHNOLOGY, INC.	39.22x	1.82x	11.18x	0.65%	1.22TCr
ZHEJIANG JINGSHENG MECHANICAL & ELECTRICAL CO., LTD.	58.89x	5.88x	31.78x	0.36%	1.05TCr
GUANGDONG DTECH TECHNOLOGY CO., LTD.	169.1x	29.88x	112x	-	981.2Cr
Average	56.73x	9.54x	32.91x	0.9%	10.75TCr
Weighted average by Cap.	46.27x	12.14x	34.08x	0.71%