Financials Tokyo Electron Device Limited

Equities

2760

JP3571600000

Semiconductors

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
5,720 JPY +0.70% Intraday chart for Tokyo Electron Device Limited +0.88% +12.60%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,101 23,022 39,245 51,511 87,125 171,498 - -
Enterprise Value (EV) 1 39,744 37,855 58,898 75,701 126,239 171,498 171,498 171,498
P/E ratio 7.72 x 10 x 12.5 x 10.2 x 9.92 x 17.2 x 16 x 14.7 x
Yield 5.22% 4% 3.21% 3.93% 4.05% 2.1% 2.27% 2.45%
Capitalization / Revenue 0.13 x 0.17 x 0.27 x 0.29 x 0.36 x 0.69 x 0.66 x 0.62 x
EV / Revenue 0.13 x 0.17 x 0.27 x 0.29 x 0.36 x 0.69 x 0.66 x 0.62 x
EV / EBITDA - - - - - - - -
EV / FCF 1,909,759 x 2,858,105 x -10,198,716 x -14,217,749 x -6,927,881 x - - -
FCF Yield 0% 0% -0% -0% -0% - - -
Price to Book 0.7 x 0.85 x 1.36 x 1.67 x 2.31 x - - -
Nbr of stocks (in thousands) 30,507 30,682 30,227 29,661 29,803 29,982 - -
Reference price 2 593.3 750.3 1,298 1,737 2,923 5,720 5,720 5,720
Announcement Date 4/25/19 4/28/20 4/27/21 4/26/22 4/27/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 141,000 135,394 143,268 179,907 240,350 250,000 260,000 275,000
EBITDA - - - - - - - -
EBIT 1 3,525 3,810 4,620 8,131 14,227 15,000 16,000 17,500
Operating Margin 2.5% 2.81% 3.22% 4.52% 5.92% 6% 6.15% 6.36%
Earnings before Tax (EBT) 1 3,257 3,227 4,589 7,910 12,469 14,000 15,000 16,500
Net income 1 2,341 2,288 3,143 5,085 8,778 10,000 10,700 11,700
Net margin 1.66% 1.69% 2.19% 2.83% 3.65% 4% 4.12% 4.25%
EPS 2 76.88 74.81 104.1 170.2 294.8 333.5 356.9 390.2
Free Cash Flow 9,478 8,055 -3,848 -3,623 -12,576 - - -
FCF margin 6.72% 5.95% -2.69% -2.01% -5.23% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 404.87% 352.05% - - - - - -
Dividend per Share 2 31.00 30.00 41.67 68.33 118.3 120.0 130.0 140.0
Announcement Date 4/25/19 4/28/20 4/27/21 4/26/22 4/27/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 65,213 70,181 61,901 81,367 41,771 82,780 45,112 52,015 97,127 50,677 61,092 111,769 64,127 64,454 128,581 59,012 60,686 119,698 60,050 70,252 130,302
EBITDA - - - - - - - - - - - - - - - - - - - - -
EBIT 1 1,367 2,443 1,122 3,498 1,298 2,757 1,976 3,398 5,374 2,957 3,616 6,573 3,836 3,818 7,654 3,628 3,525 7,153 3,707 4,140 7,847
Operating Margin 2.1% 3.48% 1.81% 4.3% 3.11% 3.33% 4.38% 6.53% 5.53% 5.83% 5.92% 5.88% 5.98% 5.92% 5.95% 6.15% 5.81% 5.98% 6.17% 5.89% 6.02%
Earnings before Tax (EBT) 1 1,331 1,896 1,233 3,356 - 4,289 1,775 - - 2,160 3,046 5,206 3,285 3,978 7,263 3,147 3,109 6,256 3,431 4,283 7,747
Net income 1 864 1,424 823 2,320 795 2,646 1,249 1,190 2,439 1,479 2,105 3,584 2,317 2,877 5,194 2,186 2,365 4,551 2,519 2,930 5,449
Net margin 1.32% 2.03% 1.33% 2.85% 1.9% 3.2% 2.77% 2.29% 2.51% 2.92% 3.45% 3.21% 3.61% 4.46% 4.04% 3.7% 3.9% 3.8% 4.19% 4.17% 4.18%
EPS 28.26 - 27.31 - - 88.00 42.15 - - 49.81 - 120.6 77.80 - - 73.22 - 152.2 84.08 - -
Dividend per Share 13.33 - 13.33 - - 35.00 - - - - - 48.33 - - - - - 61.00 - - -
Announcement Date 10/30/19 4/28/20 10/26/20 4/27/21 10/28/21 10/28/21 1/28/22 4/26/22 4/26/22 7/27/22 10/28/22 10/28/22 1/30/23 4/27/23 4/27/23 8/1/23 10/31/23 10/31/23 2/2/24 - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 21,643 14,833 19,653 24,190 39,114 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 9,478 8,055 -3,848 -3,623 -12,576 - - -
ROE (net income / shareholders' equity) 9.4% 8.8% 11.3% 17% 25.5% 22.6% - -
ROA (Net income/ Total Assets) 3.73% 4.61% 5.53% 7.37% 9.93% - - -
Assets 1 62,702 49,593 56,883 69,024 88,375 - - -
Book Value Per Share 845.0 880.0 957.0 1,042 1,268 - - -
Cash Flow per Share 92.70 94.50 123.0 193.0 314.0 - - -
Capex 1 2,857 596 385 2,732 391 300 300 300
Capex / Sales 2.03% 0.44% 0.27% 1.52% 0.16% 0.12% 0.12% 0.11%
Announcement Date 4/25/19 4/28/20 4/27/21 4/26/22 4/27/23 - - -
1JPY in Million
Estimates
  1. Stock Market
  2. Equities
  3. 2760 Stock
  4. Financials Tokyo Electron Device Limited