Employees: 1,408
Size Tokyo Electron Device (2760.T) is a Japan Information Technology company (Electronics Distributors) with a market value of $676M, the 917th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,465 on 6 Nov 2026.
Performance Over six months the shares gained 0.3%, against +0.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 16.2% over the last twelve months (peer median +23.7%); the operating margin is 6.1% (peer median 3.5%).
Valuation It trades at 8.7× forward earnings against a peer median of 10.0× (3rd cheapest of 8).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.3 points above its cost of capital (9.3% WACC).
Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥233B | ¥204B | ¥216B | ¥243B | ¥240B |
| Revenue growth | — | -6% | -11% | +1% | — |
| Gross profit | ¥36.6B | ¥31.5B | ¥33.7B | ¥37.2B | ¥34.2B |
| EBITDA | ¥15.4B | ¥11.3B | ¥13.5B | ¥16.2B | ¥14.8B |
| Net income | ¥10.3B | ¥7.84B | ¥8.88B | ¥9.99B | ¥8.78B |
| Free cash flow | ¥2.20B | ¥15.4B | ¥17.4B | -¥3.00M | -¥12.4B |
| Capital expenditure | ¥510M | ¥381M | ¥1.76B | ¥903M | ¥270M |
| Total debt | ¥36.7B | ¥29.6B | ¥42.6B | ¥52.1B | ¥45.7B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2760.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -27.8% | -14.0% | 4th lowest of 21 |
| 6-month return | +0.3% | +0.7% | 11th highest of 21 |
| Distance from 52-week high | -33.8% | -33.7% | 11th highest of 21 |
| Revenue growth (TTM) | +16.2% | +23.7% | 9th lowest of 21 |
| Operating margin | 6.1% | 3.5% | 3rd highest of 21 |
| Forward P/E | 8.7× | 10.0× | 3rd cheapest of 8 |
| Growth the price implies (Req g, 7 yrs) | 5.9% | 7.1% | 5th least demanding of 9 |
| Growth delivered (Del g) | +7.3% | +5.6% | 5th highest of 9 |
| Hurdle (Req g minus delivered) | -1.4 pp | -4.0 pp | 5th least demanding of 9 |
| ROIC minus cost of capital | +2.3 pp | +1.2 pp | 9th highest of 20 |
| EV / EBITDA | 8.9× | n/a | — |
| Net debt / EBITDA | 2.0× | 1.4× | 6th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tokyo Electron Device 2760.T | Japan | $676M | 0% | +16% | 6% | 8.7× | 5.9% | +7.3% |
| Ryoyo Ryosan Holdings,Inc 167A.T | Japan | $676M | +9% | +7% | 3% | n/a | n/a | n/a |
| Beijing Asiacom Information Technology 301085.SZ | China | $717M | -21% | +47% | -4% | n/a | n/a | n/a |
| Daiichi Jitsugyo 8059.T | Japan | $633M | -2% | -7% | 6% | 10.0× | -19.3% | +9.4% |
| IngDan 0400.HK | Hong Kong | $629M | +33% | +81% | 3% | 11.2× | n/a | n/a |
| Climb Global Solutions CLMB | United States | $741M | +97% | +24% | 4% | 19.3× | 13.1% | +21.0% |
| Hakuto 7433.T | Japan | $598M | +34% | +8% | 4% | n/a | 3.8% | +1.8% |
| Weikeng Industrial 3033.TW | Taiwan | $596M | -3% | +19% | 3% | n/a | n/a | n/a |
| SFC 301558.SZ | China | $793M | -19% | -8% | 4% | n/a | 30.3% | -3.2% |
| Shenzhen Best of Best 001298.SZ | China | $559M | -38% | +78% | 3% | n/a | n/a | n/a |
| Ryoden 8084.T | Japan | $558M | +45% | +13% | 3% | n/a | n/a | n/a |
| AB S.a. ABE.WA | Poland | $556M | +3% | +15% | 2% | 9.0× | n/a | n/a |
| S.A.S. Dragon 1184.HK | Hong Kong | $542M | +16% | +92% | 4% | n/a | n/a | n/a |
| Beijing Oriental Jicheng 002819.SZ | China | $848M | -27% | +7% | -3% | n/a | 10.3% | +23.4% |
| ScanSource SCSC | United States | $871M | -7% | +6% | 3% | 8.4× | 0.4% | +0.5% |
| Restar 3156.T | Japan | $877M | +60% | +23% | 4% | 8.1× | n/a | n/a |
| Tomen Devices 2737.T | Japan | $926M | +41% | +157% | 4% | n/a | n/a | n/a |
| Dingli 300050.SZ | China | $478M | -18% | +24% | 8% | n/a | 27.1% | -15.4% |
| Miraini 546A.T | Japan | $470M | +11% | +32% | 3% | n/a | -1.0% | +16.3% |
| Shanghai YCT Electronics 301099.SZ | China | $1.02B | -17% | +106% | 6% | 22.6× | n/a | n/a |
| Daou Data 032190.KS | South Korea | $444M | -32% | +130% | 6% | n/a | n/a | n/a |