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 15.84%, 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.
15.84%
-0.57
37.34%
Japan Nikkei 225
28.54%
1.11
25.75%
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)
2.59
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
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend5What is working for the Company
OPERATING CASH FLOW(Y)
Highest at JPY 23,395 MM
CASH AND EQV(HY)
Highest at JPY 15,397 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 54.29 %
-33What is not working for the Company
ROCE(HY)
Lowest at 16.41%
INVENTORY TURNOVER RATIO(HY)
Lowest at 3.13%
INTEREST(Q)
At JPY 53 MM has Grown at inf%
RAW MATERIAL COST(Y)
Grown by 12.79% (YoY
NET SALES(Q)
Lowest at JPY 45,136 MM
OPERATING PROFIT(Q)
Lowest at JPY 1,720 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 3.81 %
PRE-TAX PROFIT(Q)
Lowest at JPY 1,715 MM
NET PROFIT(Q)
Lowest at JPY 1,218 MM
EPS(Q)
Lowest at JPY 41.21
Here's what is working for Tokyo Electron Device Ltd.
Operating Cash Flow
Highest at JPY 23,395 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JPY MM)
Cash and Eqv
Highest at JPY 15,397 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at 54.29 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Tokyo Electron Device Ltd.
Net Sales
At JPY 45,136 MM has Fallen at -20.26%
Year on Year (YoY)MOJO Watch
Near term sales trend is extremely negative
Net Sales (JPY MM)
Interest
At JPY 53 MM has Grown at inf%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Pre-Tax Profit
At JPY 1,715 MM has Fallen at -52.55%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 1,218 MM has Fallen at -51.16%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Inventory Turnover Ratio
Lowest at 3.13% 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
Lowest at JPY 45,136 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Interest
Highest at JPY 53 MM
in the last five periods and Increased by inf% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Operating Profit
Lowest at JPY 1,720 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (JPY MM)
Operating Profit Margin
Lowest at 3.81 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
Lowest at JPY 1,715 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Net Profit
Lowest at JPY 1,218 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
EPS
Lowest at JPY 41.21
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (JPY)
Raw Material Cost
Grown by 12.79% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
