Tokyo Electron stock analysis
Tokyo Electron (TKY0) Stock Price & Analysis
TKY0 Stock Chart & Stats
- Day’s Range
- EUR 28.40 - EUR 28.40
- 52-Week Range
- EUR 16.20 - EUR 43.20
- Previous Close
- EUR 28.40
- Volume
- N/A
- Average Volume (3M)
- 0
- Market Cap
- EUR 118.07B
- Enterprise Value
- EUR 1.08T
- Total Cash (Recent Filing)
- EUR 409.61B
- Total Debt (Recent Filing)
- EUR 67.65B
- Price to Earnings (P/E)
- 7.7
- Beta
- 0.83
- Next Earnings
- Feb 11, 2027 (Est.)
- EPS Estimate
- 0.27
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 0.71%
Bulls Say, Bears Say
Bulls Say
High Profitability
Tokyo Electron’s high gross, net, and EBIT margins indicate substantial value capture in critical semiconductor production tools. This profitability provides resources for research, customer support, and investment while creating resilience across normal industry fluctuations over the next several quarters.
Very Low Leverage
Minimal leverage reduces interest burden and preserves financial flexibility when semiconductor equipment demand weakens. A strong equity base allows Tokyo Electron to continue funding technology development, service capabilities, and customer support without relying heavily on external financing.
Cash Generation
Substantial operating and free cash flow demonstrates that Tokyo Electron converts its equipment and service business into meaningful internal funding. This supports ongoing innovation, balance-sheet strength, and shareholder returns while reducing dependence on capital markets during cyclical downturns.
Bears Say
Semiconductor Cyclicality
Dependence on semiconductor capital-expenditure cycles can make Tokyo Electron’s revenue and earnings uneven even when its competitive position remains strong. Foundry, logic, and memory investment changes may therefore create recurring periods of weaker utilization and delayed tool orders.
Mixed Cash Conversion
Cash conversion below reported earnings suggests that working-capital movements or investment timing can reduce the near-term cash realized from profits. This does not negate strong cash generation, but it can make funding capacity and shareholder distributions less predictable across periods.
Margin Variability
The decline and recovery in net margin show that profitability is sensitive to semiconductor capital-spending conditions and business mix. Such variability can make earnings power less predictable, even though current margins remain robust and the longer-term operating model is attractive.
Tokyo Electron News
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Tokyo Electron Stock Smart Score
Company Description
Tokyo Electron
Tokyo Electron Ltd. engages in the development, manufacture, and sale of semiconductor production equipment and industrial electronics products for flat panel display manufacturing equipment. It operates through the Semiconductor Production Equipment (SPE) segment. SPE handles the development, manufacture, service, and distribution of coaters/developers, plasma etch systems, thermal processing systems, single wafer deposition systems, cleaning systems, wafer probers, and other semiconductor production equipment. The company was founded on November 11, 1963 and is headquartered in Tokyo, Japan.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Tony Kawai
- Employees
- 20,236
- Website
- www.tel.com
- Address
- Akasaka Biz Tower, Tokyo, TY, 107-6325, JP
Tokyo Electron (TKY0) Earnings & Revenues
TKY0 Company Deck
TKY0 Earnings Call
Earnings Call SentimentPositive
The call presented a predominantly positive operational and financial picture: record revenue, record net income, record free cash flow, strong shareholder returns, completed capacity expansion and robust near-term demand with aggressive first-half FY2027 guidance and multiple product-level growth drivers (coater/developer, etch, advanced packaging). However, there are meaningful headwinds around rising parts/materials costs, higher labor and logistics expenses, foreign-exchange-driven fixed-cost increases, some sales mix/timing issues (etch sales conversion and China proportion shifts), and limited visibility for the second half due to large customer order variability and geopolitical risk. On balance, the strong demand, record cash generation and confident H1 guidance outweigh the margin and visibility concerns.
View all DE:TKY0 earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 1 | 8 |
| Technical Analysis | 3 | 1 | 2 |
| Moving Averages | 6 | 0 | 6 |













