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← CockpitCompetitor Analysis › 6855.T Japan Electronic Materials CorporationOpen in the cockpit ↗

Japan Electronic Materials Corporation6855.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Semiconductors
Momentum laggard 4
Mkt cap
$451M
US dollars, full cap
Free float
89%
of shares outstanding
$/day
$30.3M
20-day average traded
Fwd P/E
9.7×
forward earnings
ROIC−WACC
+3.4 pp
WACC 18.2%
Hurdle
+1 pp
Req g minus delivered
Next earnings
4 days
10 Nov 2026
Close · JPY¥4,850
1D+0.2%
1W-26.9%
1M-43.9%
3M-21.8%
6M-31.1%
YTD+26.1%
1Y+29.3%
ATR %11.1%
52w lowhigh52.8% off high

What Japan Electronic Materials does

Employees: 1,234

Japan Electronic Materials at a glance

Size Japan Electronic Materials (6855.T) is a Japan Information Technology company (Semiconductors) with a market value of $451M, the 1131st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,850 on 6 Nov 2026.

Performance Over six months the shares fell 31.1%, against -20.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 38.3% over the last twelve months (peer median +8.7%); the operating margin is 26.4% (peer median 2.1%).

Valuation It trades at 9.7× forward earnings against a peer median of 23.3× (3rd cheapest of 12).

Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 3.4 points above its cost of capital (18.2% WACC).

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 796855.T 70
Six months, rebased to 100: Japan Electronic Materials against the median of its 20 peers (local-currency closes).

Japan Electronic Materials financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥33.6B¥29.4B¥23.8B¥17.5B¥20.8B
Revenue growth—+23%+36%-16%—
Gross profit¥14.6B¥12.7B¥9.35B¥5.19B¥7.34B
EBITDA¥10.3B¥8.68B¥5.78B¥1.94B¥4.31B
Net income¥6.63B¥5.45B¥3.45B¥622M¥2.61B
Free cash flown/a¥2.24B-¥1.66B¥397M¥2.43B
Capital expendituren/a¥3.52B¥3.46B¥1.92B¥921M
Total debt¥7.23B¥7.54B¥5.88B¥5.66B¥4.18B

Quarterly statements and history in the cockpit →

Japan Electronic Materials competitor charts

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.

Performance: 6-month against 1-month return

-60%-40%-20%-40%-20%1014904971688620613823404977688259323478536920603628688216031330696268845828174080640590906443ALSEM6855.T6-month return →1-month return →
Up and to the right = strong over both horizons. Japan Electronic Materials is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%20×40×60×101490497168862061382340497768825969622817406443ALSEM6855.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Japan Electronic Materials is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%6138688259603628688216696280646855.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Japan Electronic Materials is the large dot.

Japan Electronic Materials competitors and peer comparison

How Japan Electronic Materials compares with its peers

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.

Japan Electronic Materials against its 20 peers (data as of 6 Nov 2026)
Measure6855.TPeer medianRank in peer set
1-month return-43.9%-24.3%3rd lowest of 21
6-month return-31.1%-20.2%7th lowest of 21
Distance from 52-week high-52.8%-48.2%8th lowest of 21
Revenue growth (TTM)+38.3%+8.7%5th highest of 21
Operating margin26.4%2.1%highest of 20
Forward P/E9.7×23.3×3rd cheapest of 12
Growth the price implies (Req g, 7 yrs)10.9%18.2%3rd least demanding of 8
Growth delivered (Del g)+9.7%+6.9%3rd highest of 7
Hurdle (Req g minus delivered)+1.3 pp+9.8 pp3rd least demanding of 7
ROIC minus cost of capital+3.4 pp-3.9 pp4th highest of 20
EV / EBITDA5.2×12.2×2nd cheapest of 10
Net debt / EBITDA-1.7×-0.0×5th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Japan Electronic Materials 6855.TJapan$451M-31%+38%26%9.7×10.9%+9.7%
S & S Tech 101490.KSSouth Korea$451M-71%+20%20%11.5×n/an/a
IntelliEPI Inc. (Cayman) 4971.TWOTaiwan$452M-60%+31%19%41.6×n/an/a
Guangzhou Anyka Microelectronics 688620.SSChina$449M-11%+70%1%66.7×n/an/a
Anpec Electronics 6138.TWOTaiwan$449M-20%+18%19%10.5×-1.6%+6.8%
Taiwan-Asia Semiconductor 2340.TWTaiwan$448M-19%0%-26%35.7×n/an/a
PCL Technologies 4977.TWTaiwan$454M-23%-26%2%60.0×n/an/a
Triductor Technology (Suzhou) 688259.SSChina$446M-30%-32%-16%23.3×55.4%+11.6%
Truelight 3234.TWOTaiwan$443M+8%+10%-24%n/an/an/a
Cheng Mei Instrument Technology 7853.TWOTaiwan$442M-20%+2%-46%n/an/an/a
Phoenix Pioneer Technology 6920.TWOTaiwan$442M-44%+32%-10%n/an/an/a
Clenergy Technology 603628.SSChina$441M-13%-21%4%n/a13.0%+18.4%
China Chippacking Technology 688216.SSChina$463M-14%+56%2%n/a20.2%+7.0%
SAMT 031330.KSSouth Korea$464M-9%+104%8%n/an/an/a
ITH 6962.TWTaiwan$436M-17%-3%2%5.3×1.4%-4.9%
Maxic Technology 688458.SSChina$468M-14%+7%-14%n/an/an/a
Lake Materials 281740.KSSouth Korea$468M-58%+6%11%13.9×n/an/a
Contrel Technology 8064.TWOTaiwan$469M-33%+28%15%n/a18.2%-5.5%
MiCo 059090.KSSouth Korea$431M-18%+60%6%n/an/an/a
TSEC 6443.TWTaiwan$423M-31%-55%-122%9.1×n/an/a
SEMCO Technologies ALSEM.PAFrance$421M-34%+7%n/a29.4×26.2%n/a

Questions

Which companies are Japan Electronic Materials's closest peers?
The cockpit's peer set: S & S Tech (101490.KS), IntelliEPI Inc. (Cayman) (4971.TWO), Guangzhou Anyka Microelectronics (688620.SS), Anpec Electronics (6138.TWO), Taiwan-Asia Semiconductor (2340.TW), PCL Technologies (4977.TW), Triductor Technology (Suzhou) (688259.SS), Truelight (3234.TWO).
Is Japan Electronic Materials expensive compared with its peers?
On forward p/e it trades at 9.7× against a peer median of 23.3×, 3rd cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Japan Electronic Materials stock performed?
Over six months to 6 Nov 2026 the shares returned -31.1% against -20.2% for the median peer; over one year +29.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.