Valuation Tokyo Electron Limited

Equities

8035

JP3571400005

Semiconductor Equipment & Testing

Market Closed - Japan Exchange Other stock markets 12:00:00 13/05/2026 pm IST			5-day change	1st Jan Change
51,340.00 ^JPY	-1.57%		+8.20%	+49.59%

03:37pm	China criticizes US chip equipment bill in run-up to Beijing talks	RE
08:38am	Japan's Nikkei reverses early fall as Kioxia rebounds	RE

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	2,31,67,159	-	-
Change	-	35.37%	-23.74%	143.87%	-49.71%	151.5%	-	-
Enterprise Value (EV) ¹	69,64,529	94,78,093	70,37,964	1,78,44,584	87,15,455	2,26,50,538	2,28,33,325	2,26,85,806
Change	-	36.09%	-25.74%	153.55%	-51.16%	159.89%	0.81%	-0.65%
P/E ratio	30x	22.5x	15.9x	50.5x	17x	29.7x	34.5x	28.1x
PBR	7.18x	7.38x	4.73x	10.5x	5.01x	8.28x	10.2x	8.58x
PEG	-	0.3x	2.07x	-2.3x	0.3x	4.87x	1.3x	1.2x
Capitalization / Revenue	5.2x	4.92x	3.4x	10x	3.79x	6.93x	7.37x	6.52x
EV / Revenue	4.98x	4.73x	3.19x	9.75x	3.58x	9.35x	7.26x	6.39x
EV / EBITDA	19.6x	14.9x	10.7x	35.1x	11.5x	33.3x	23.1x	18.8x
EV / EBIT	21.7x	15.8x	11.4x	39.1x	12.5x	37.7x	25.7x	20.9x
EV / FCF	54.6x	41.6x	19.6x	57.6x	21.1x	59.4x	47.1x	34.7x
FCF Yield	1.83%	2.4%	5.11%	1.73%	4.73%	1.68%	2.12%	2.88%
Dividend per Share ²	260.3	467.7	570.3	393	592	628	717.5	927.4
Rate of return	1.67%	2.22%	3.56%	0.99%	2.94%	1.69%	1.38%	1.78%
EPS ²	520.7	935.9	1,008	783.8	1,182	1,255	1,511	1,858
Distribution rate	50%	50%	56.6%	50.1%	50.1%	50.1%	47.5%	49.9%
Net sales ¹	13,99,102	20,03,805	22,09,025	18,30,527	24,31,568	24,43,533	31,45,269	35,51,315
EBITDA ¹	3,54,727	6,35,998	6,60,650	5,08,602	7,59,467	7,05,918	9,90,303	12,08,997
EBIT ¹	3,20,685	5,99,271	6,17,723	4,56,263	6,97,319	6,24,936	8,89,579	10,87,408
Net income ¹	2,42,941	4,37,076	4,71,584	3,63,963	5,44,133	5,74,454	6,88,535	8,38,662
Net Debt ¹	-3,11,552	-3,71,274	-4,73,100	-4,72,548	-4,96,238	-5,16,621	-3,33,834	-4,81,354
Reference price ²	15,596.67	21,083.33	16,040.00	39,570.00	20,110.00	52,160.00	52,160.00	52,160.00
Nbr of stocks (in thousands)	4,66,515	4,67,164	4,68,271	4,62,905	4,58,065	4,51,250	-	-
Announcement Date	30/04/21	12/05/22	11/05/23	10/05/24	30/04/25	30/04/26	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
TOKYO ELECTRON LIMITED	43.52x	9.5x	33.87x	1.15%	15TCr
ASML HOLDING N.V.	40.29x	12.22x	31.06x	0.68%	57TCr
LAM RESEARCH CORPORATION	51.58x	15.54x	41.66x	0.35%	36TCr
ASE TECHNOLOGY HOLDING CO., LTD.	32.84x	3.4x	15.61x	1.51%	7.69TCr
LASERTEC CORPORATION	51.74x	16.57x	34.34x	0.74%	2.47TCr
ENTEGRIS, INC.	56.28x	7.3x	25.84x	0.28%	2.22TCr
AMKOR TECHNOLOGY, INC.	34.88x	2.55x	13.92x	0.45%	1.82TCr
ONTO INNOVATION INC.	53.55x	9.6x	30.47x	-	1.38TCr
GUANGDONG DTECH TECHNOLOGY CO., LTD.	83.24x	25.44x	63.78x	0.3%	1.44TCr
SCREEN HOLDINGS CO., LTD.	24.63x	3.16x	14.71x	1.23%	1.37TCr
Average	47.26x	10.53x	30.53x	0.74%	12.66TCr
Weighted average by Cap.	44.33x	12.20x	33.39x	0.69%