Stocktoria

Tokyo Electron Limited 8035.T

JP · Tokyo Stock Exchange · XTKS · stock · Technology · website

Tokyo Electron Limited statistics & valuation

Market cap¥21.42T
P / E37.3×
P / S8.8×
P / B10.3×
P / FCF66.9×
Net margin23.5%
FCF margin13.1%
Return on capital28.6%
Graham number -76%¥2,268.84

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (¥2,268.84); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
21.30% 19.90% 22.40% 23.50% 2023202420252026
Gross margin (%)
44.60% 45.40% 47.10% 45.30% 2023202420252026
Operating margin (%)
28.00% 24.90% 28.70% 25.60% 2023202420252026
Return on equity (%)
29.50% 20.70% 29.30% 27.80% 2023202420252026
Shares outstanding
2.26B 2.26B 2.26B 2.26B 2023202420252026
Net debt (¥)
2023202420252026
Share buybacks (¥)
¥1.73B ¥120.03B ¥150.01B ¥150.01B 2023202420252026
Return on assets (%)
20.40% 14.80% 20.70% 20.10% 2023202420252026
Free cash flow margin (%)
15.80% 16.90% 17.00% 13.10% 2023202420252026
Debt / equity (×)
2023202420252026
EPS (¥)
¥200.77 ¥156.24 ¥235.82 ¥250.18 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Tokyo Electron Limited trades at about 37.8× earnings — near its 10-year norm (10-year range 15.4×–45×, median 35.5×).

15.4× 45×

Shaded band = 10-year range (15.4×–45×); dot = today's 37.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin45.3%47.1%45.4%44.6%
Operating margin25.6%28.7%24.9%28.0%
Net margin23.5%22.4%19.9%21.3%
FCF margin13.1%17.0%16.9%15.8%
Return on assets20.1%20.7%14.8%20.4%
Return on equity27.8%29.3%20.7%29.5%
Current ratio2.702.662.782.76

Computed from company filings · JP · as of 2026-03-31. Figures in JPY. Facts plus Stocktoria's own computed scores — not investment advice.