¥3,255+1.24%
6-month dailyInvestment Thesis
Leading CMP slurry maker. Gaining HBM market share from Soulbrain at Samsung/SK Hynix. PE 18x, 2.3% yield.
Risk
Cyclical. Competition from Cabot Microelectronics.
Monitoring Trigger
HBM CMP slurry share gains. Semiconductor cycle turning.
Key Metrics
18
PE
16
Fwd PE
2
P/B
12%
ROE
15%
Op Margin
N/A
D/E
2.3%
Div Yield
N/A
FCF
237B
Mkt Cap