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Added to YB: 2026-02-20

Pitch date: 2026-02-18

3445.T [bullish]

RS Technologies Co., Ltd.

+0.41%

current return

Author Info

@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter

Company Info

RS Technologies Co., Ltd. provides silicon wafer reclamation and sale services in Japan, Taiwan, China, South Korea, the United States, Europe, and internationally.

Market Cap

JPY 92.5B

Pitch Price

JPY 3.7K

Price Target

7.0K (+90%)

Dividend

1.58%

EV/EBITDA

4.92

P/E

9.96

EV/Sales

1.20

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
RS Technologies $3445.T is a long @ 3,450

3445.T: RS Technologies, reclaimed wafer leader w/30%+ global 12' share serving TSMC. Core 65% op profit at 35% margins, 26% ROIC, 20% op income CAGR. FY28: ¥115B rev (17% CAGR), ¥19B op profit. Net cash ¥76B (23% mkt cap). 40% GRITEK JV stake worth $1B (1.7x RS mkt cap). 6x EV/EBIT, 15% ROE. Target ¥7k (2x), 20%+ IRR.

Read full article (2 min)