$43.88
23.0% vs S&P 12m
Business overview
World's largest silicon wafer maker and a leading supplier of photoresists and specialty chemicals to the semiconductor industry.
Every leading-edge AI chip starts on a Shin-Etsu wafer. Its 300mm and EUV-grade photoresist franchises are near-monopolies on certain SKUs.
Composite score
Higher = stronger overall research case
Fundamental56
Technical82
Valuation26
AI relevance62
Risk-adjusted (higher = safer)62
Segment-relative fundamental percentile: 80
Synthetic 1Y price action
Deterministic price series; 50d (yellow) and 200d (orange) MAs shown
3M RS: 16.4%6M RS: 39.3%12M RS: 23.0%Vol30d: 37%DD52w: -11.1%
Financial summary
Curated, illustrative
Revenue
$16.47B
Growth (YoY)
1.3%
Gross margin
34.2%
Operating margin
21.4%
FCF
$1.47B
Capex
$3.09B
Net cash / (debt)
$9.11B
ROIC
7.0%
Customer conc.
Medium
Valuation
Market cap
$81.49B
Enterprise value
$72.37B
P/E (TTM)
27.1x
Forward P/E
20.8x
EV / Sales
4.4x
EV / EBITDA
12.9x
P / FCF
55.5x
PEG
1.9x
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 3Cyclical wafer pricing
- 2FX (JPY) translation
- 3Customer capex concentration
Score components
What drove the composite
Growth36
Profitability68
Cash generation45
Balance sheet91
Moat / AI relevance62
Capital intensity (higher = lighter)39
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)95
Momentum (3/6/12m)77
Relative strength82
Realized vol (higher = lower vol)58
Segment peers
Other companies in Raw inputs