TOKYO ELECTRON DEVICE LIMITED

2760 TSE Consumer Discretionary Wholesale Trade
TSE Prime
¥4,095.00
-0.36%
Delayed · cached 15 min

Fair value analysis

2760
TOKYO ELECTRON DEVICE LIMITED
Consumer DiscretionaryWholesale Trade
¥4,095.00
Close used for this calculation
¥6,229.04Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
55/100
Profitability13/25
Returns13/25
Balance Sheet11/25
Efficiency18/25
Growth17/25
Good
Quality radar
55Prof.13/25Ret.13/25Eff.18/25B.Sht11/25Growth17/25

Consensus fair value

¥6,229.04
Below FV
▲ +52.1% against the close used
Model range ¥3,042.01 – ¥10,373.04
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear¥3,042.01Fair value¥6,229.04Bull¥10,373.04
FairClose
52-week traded range
52W low ¥2,773.0052W high ¥4,535.00

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading below the consensus fair value

TOKYO ELECTRON DEVICE LIMITED closed at ¥4,095.00, 34.3% below the consensus fair value of ¥6,229.04 drawn from 9 valuation models.

Financial DNA score 55/100 — Good. P/E of 15.4x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥10,373.04
+153.3%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥3,278.07
-19.9%
√(22.5 × EPS × BVPS)
EPS=265.91, BVPS=1796.05 · outside Graham range (P/E 15.4, P/B 2.3) — asset-light, treat as a rough floor
P/E Fair Value
¥5,318.20
+29.9%
EPS × 20x (sector P/E)
EPS=265.91, Sector P/E=20x
Peter Lynch (PEG)
¥3,042.01
-25.7%
EPS × Growth% (PEG = 1 is fair)
EPS=265.91, g=11.4%
EV/EBITDA
¥4,874.14
+19.0%
(EBITDA × 15.7x − Net Debt) ÷ Shares
EBITDA=10.25B
Dividend Discount (DDM)
¥5,771.49
+40.9%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=106.88, r=10%, g=8%
Book Value (P/B)
¥4,310.53
+5.3%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=1796.05, ROE=15.6%, g=6%, r=10%
Reverse DCF
¥4,095.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 3.6% | Historical: 11.4%
Margin of Safety
¥4,742.33
+15.8%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=6323.1, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.