ScoreWhy is Tokyo Electron Device Ltd. ?
1
Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 15.00%
- Healthy long term growth as Net Sales has grown by an annual rate of 9.83% and Operating profit at 26.73%
- Company has very low debt and has enough cash to service the debt requirements
2
With ROCE of 15.19%, it has a very attractive valuation with a 1.47 Enterprise value to Capital Employed
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 0.16%, its profits have fallen by -11.3%
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Tokyo Electron Device Ltd. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Tokyo Electron Device Ltd. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Tokyo Electron Device Ltd.
0.16%
-0.69
41.91%
Japan Nikkei 225
36.73%
1.30
28.24%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
9.83%
EBIT Growth (5y)
26.73%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
2.89
Net Debt to Equity (avg)
0.71
Sales to Capital Employed (avg)
2.54
Tax Ratio
21.95%
Dividend Payout Ratio
40.24%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.00%
ROE (avg)
18.38%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
1.80
EV to EBIT
9.65
EV to EBITDA
8.89
EV to Capital Employed
1.47
EV to Sales
0.56
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
15.19%
ROE (Latest)
18.60%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
OPERATING CASH FLOW(Y)
Highest at JPY 17,403 MM
PRE-TAX PROFIT(Q)
At JPY 3,427 MM has Grown at 91.88%
NET PROFIT(Q)
At JPY 2,451 MM has Grown at 93.14%
-9What is not working for the Company
INTEREST(9M)
At JPY 159 MM has Grown at inf%
NET SALES(9M)
At JPY 146,716 MM has Grown at -9.49%
INVENTORY TURNOVER RATIO(HY)
Lowest at 3.1 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.74 times
Here's what is working for Tokyo Electron Device Ltd.
Operating Cash Flow
Highest at JPY 17,403 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JPY MM)
Pre-Tax Profit
At JPY 3,427 MM has Grown at 91.88%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 2,451 MM has Grown at 93.14%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Here's what is not working for Tokyo Electron Device Ltd.
Interest
At JPY 159 MM has Grown at inf%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Inventory Turnover Ratio
Lowest at 3.1 times and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Net Sales
At JPY 146,716 MM has Grown at -9.49%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Debtors Turnover Ratio
Lowest at 3.74 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
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