Professional
Added to YB: 2024-08-16
Pitch date: 2024-08-16
8035.T [bullish]
Tokyo Electron Limited
+13.36%
current return
Author Info
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Company Info
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor production equipment in Japan, Europe, North America, Taiwan, China, South Korea, and internationally.
Market Cap
JPY 11.1T
Pitch Price
JPY 27.8K
Price Target
N/A
Dividend
2.00%
EV/EBITDA
14.41
P/E
20.84
EV/Sales
4.43
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Davis International Fund Portfolio Holding: Tokyo Electron Limited
8035.T: Tokyo Electron, 3rd largest semi equipment vendor, up 22% YTD. 90% share in coater/developer tools, 100% in EUV. Benefiting from AI, IoT, EV trends & govt subsidies (CHIPS Act). GPU production for AI training to double next year. Reasonable valuation despite AI potential.
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