ATLAS
JSCPY

JSR

PrivateCritical Bottleneck

Leading EUV photoresist supplier; private since 2024 take-private by JIC. Still meaningful to the AI thesis as a critical-path materials supplier.

EUV photoresists are a tiny line item with outsized leverage: without JSR's qualified chemistry, leading-edge lithography stalls.

Products
  • EUV photoresists
  • ArF photoresists
  • Display materials
Competitors (3)

Composite score

Higher = stronger overall research case

55
Fundamental51
Technical50
Valuation60
AI relevance60
Risk-adjusted (higher = safer)57
Segment-relative fundamental percentile: 40

Financial summary

Curated, illustrative

Revenue
$3.00B
Growth (YoY)
6.0%
Gross margin
30.0%
Operating margin
10.0%
FCF
$150.00M
Capex
$240.00M
Net cash / (debt)
$0.00
ROIC
0.0%
Customer conc.
Medium

Valuation

Market cap
$6.50B
Enterprise value
$6.50B
P/E (TTM)
Forward P/E
EV / Sales
EV / EBITDA
P / FCF
PEG
Rule of 40

Risks

Severity 1 (low) to 5 (severe)

  • 4
    Customer concentration on top 3 foundries
  • 2
    JIC ownership / re-listing path uncertain

Score components

What drove the composite

Growth43
Profitability43
Cash generation37
Balance sheet78
Moat / AI relevance62
Capital intensity (higher = lighter)65
Customer diversification60
Valuation discipline (dilution)42
Trend (MA50/MA200)50
Momentum (3/6/12m)50
Relative strength50
Realized vol (higher = lower vol)50

Segment peers

Other companies in Raw inputs