Want to see TELWY full AI Analyst Report?
Top Page
Tokyo Electron
(OTC:TELWY)
Select Model
Select Model
Rating:80Outperform
Price Target:
$45.00
â–¼(-74.15% Downside)
Action:Reiterated
Date:10/08/26
The score is driven primarily by strong financial quality (high profitability, exceptionally low leverage, and strong ROE), supported by constructive technical momentum (price above key moving averages and positive MACD). The main offset is valuation risk from a high P/E and only a modest dividend yield.
Positive Factors
Strong Profitability
Tokyo Electron’s high gross, net, and EBIT margins indicate substantial value capture in specialized semiconductor equipment and services. This profitability provides resources for research, customer support, and investment while offering resilience through normal industry fluctuations.
Negative Factors
Semiconductor Capex Cyclicality
Demand for Tokyo Electron’s high-value tools depends heavily on customers’ fab investment decisions. When semiconductor manufacturers defer capacity additions or technology upgrades, equipment orders can weaken, creating a structural source of revenue and earnings volatility over the cycle.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
Tokyo Electron’s high gross, net, and EBIT margins indicate substantial value capture in specialized semiconductor equipment and services. This profitability provides resources for research, customer support, and investment while offering resilience through normal industry fluctuations.
Read all positive factors
Tokyo Electron (TELWY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$184.11B
Dividend Yield1.44%
Average Volume (3M)734.34K
Price to Earnings (P/E)44.7
Beta (1Y)1.19
Revenue Growth4.92%
EPS Growth12.66%
CountryUS
Employees20,236
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)684.47
Shares Outstanding4,680,327,000
10 Day Avg. Volume593,339
30 Day Avg. Volume734,335
Financial Highlights & Ratios
PEG Ratio2.35
Price to Book (P/B)8.54
Price to Sales (P/S)6.86
P/FCF Ratio50.65
Enterprise Value/Market Cap5.87
Enterprise Value/Revenue0.41
Enterprise Value/Gross Profit0.90
Enterprise Value/Ebitda1.31
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.04
Revenue Forecast (FY)$21.69B
Tokyo Electron Business Overview & Revenue Model
Company Description
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 Equipm...
How the Company Makes Money
Tokyo Electron primarily makes money by selling high-value capital equipment to semiconductor manufacturers and, to a smaller extent, to flat panel display manufacturers. Its core revenue stream is tool sales (new equipment) across major wafer-fab...
Tokyo Electron Financial Statement Overview
Summary
Income Statement
88
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
80
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.65T | 2.59T | 2.43T | 1.83T | 2.21T | 2.00T |
| Gross Profit | 1.21T | 1.17T | 1.15T | 830.27B | 984.41B | 911.82B |
| EBITDA | 823.18B | 748.88B | 759.59B | 508.68B | 660.82B | 636.20B |
| Net Income | 627.07B | 609.10B | 544.13B | 363.96B | 471.58B | 437.08B |
Balance Sheet | ||||||
| Total Assets | 2.96T | 2.87T | 2.63T | 2.46T | 2.31T | 1.89T |
| Cash, Cash Equivalents and Short-Term Investments | 409.61B | 508.45B | 496.24B | 472.55B | 473.10B | 371.27B |
| Total Debt | 0.00 | 38.51B | 0.00 | 13.32B | 13.22B | 4.36B |
| Total Liabilities | 812.50B | 794.43B | 770.77B | 696.28B | 712.07B | 547.41B |
| Stockholders Equity | 2.14T | 2.08T | 1.86T | 1.76T | 1.60T | 1.35T |
Cash Flow | ||||||
| Free Cash Flow | 398.42B | 350.69B | 414.13B | 309.74B | 349.96B | 218.28B |
| Operating Cash Flow | 588.63B | 572.28B | 582.17B | 434.72B | 426.27B | 283.39B |
| Investing Cash Flow | -72.77B | -102.31B | -169.61B | -125.15B | -41.76B | -55.63B |
| Financing Cash Flow | -461.32B | -451.01B | -388.84B | -325.01B | -256.53B | -167.26B |
Tokyo Electron Technical Analysis
Positive
174.09
Price Trends
35.44
Positive
37.64
Positive
32.07
Positive
Market Momentum
1.17
Negative
55.96
Neutral
58.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TELWY, the sentiment is Positive. The current price of 174.09 is above the 20-day moving average (MA) of 35.89, above the 50-day MA of 35.44, and above the 200-day MA of 32.07, indicating a bullish trend. The MACD of 1.17 indicates Negative momentum. The RSI at 55.96 is Neutral, neither overbought nor oversold. The STOCH value of 58.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TELWY.
Tokyo Electron Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | $690.55B | 59.17 | 52.37% | 0.51% | 17.87% | 23.14% | |
80 Outperform | $184.11B | 44.69 | 30.21% | 1.44% | 4.92% | 12.66% | |
72 Outperform | $64.38B | 54.40 | 38.04% | 0.13% | 57.91% | 153.54% | |
71 Outperform | $413.19B | 43.66 | 40.44% | 0.39% | 7.77% | 38.45% | |
69 Neutral | $256.86B | 53.40 | 85.38% | 0.43% | 11.72% | 20.58% | |
66 Neutral | $412.36B | 55.37 | 66.97% | 0.35% | 26.02% | 38.85% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
TELWY
Tokyo Electron
37.76
18.68
97.95%
AMAT
Applied Materials
509.57
300.78
144.05%
ASML
ASML Holding
1,769.79
838.82
90.10%
KLAC
KLA
196.72
98.97
101.25%
LRCX
Lam Research
320.59
189.82
145.16%
TER
Teradyne
398.72
266.90
202.46%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.