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TOELF / Tokyo Electron: Growth Should Recover, But Shares Are Now Reasonably Valued (Downgrade)

Tokyo Electron: Growth Should Recover, But Shares Are Now Reasonably Valued (Downgrade)
Tokyo Electron's revenue is influenced by the size of the wafer fabrication equipment market, which is expected to recover in the next two years. The company continues to invest aggressively in R&D, has a strong balance sheet, and its financial results are expected to start recovering soon. While we continue to like the company's long-term growth prospects, we see shares trading close to fair value and are therefore downgrading our rating to 'Hold'. Read More
Posted: Sep 1 2023, 13:12
Author Name: Seeking Alpha
Views: 102168

TOELF News  

Tokyo Electron: Growth Should Recover, But Shares Are Now Reasonably Valued (Downgrade)

By Seeking Alpha
September 1, 2023

Tokyo Electron: Growth Should Recover, But Shares Are Now Reasonably Valued (Downgrade)

Tokyo Electron's revenue is influenced by the size of the wafer fabrication equipment market, which is expected to recover in the next two years. The more_horizontal

Tokyo Electron Limited (TOELF) Q1 2024 Earnings Call Transcript

By Seeking Alpha
August 14, 2023

Tokyo Electron Limited (TOELF) Q1 2024 Earnings Call Transcript

Tokyo Electron Limited (OTCPK:TOELF) Q1 2024 Earnings Conference Call August 10, 2023 3:00 AM ET Company Participants Koichi Yatsuda – Vice Presiden more_horizontal

Japan's $54 Billion Bet on Chip Manufacturing -- 5 Stocks to Buy Now

By The Motley Fool
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Japan's $54 Billion Bet on Chip Manufacturing -- 5 Stocks to Buy Now

Are companies like ASML and Applied Materials the true winners? more_horizontal

Tokyo Electron Limited (TOELF) Q3 2023 Earnings Call Transcript

By Seeking Alpha
February 12, 2023

Tokyo Electron Limited (TOELF) Q3 2023 Earnings Call Transcript

Tokyo Electron Limited (OTCPK:TOELF) Q3 2023 Earnings Conference Call February 9, 2023 3:30 AM ET Company Participants Koichi Yatsuda - Vice President more_horizontal

Tokyo Electron A Strong Buy As Sector Holds On

By Seeking Alpha
January 29, 2023

Tokyo Electron A Strong Buy As Sector Holds On

Earnings have begun to come out for Q4, and results in the semi-equipment industry are strong to date. This suggests that share price performance will more_horizontal


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