Obermatt

JAPAN MATERIAL

TYO:6055 · JP3389680004
Semiconductors & Semiconductor EquipmentMedium

360

90
EV / EBIT80
Price / Owner Earnings64
Owner Earnings Yield98
Dividend Yield77
Price/Sales54
EV / Gross Profit74
Price/Book74
Return on Capital93
Cash Return on Capital94
Return on Equity88
EBIT Margin93
Gross Profitability77
Cash Conversion26
Accruals15
Owner Earnings Margin96
Sales growth13
Profit Growth33
Long-Term EPS Growth28
Reinvestment59
Price momentum43
Debt load95
Refinancing69
Debt Payback100
Liquidity98
Analyst ratings41
Opinion Changes6
Price Target Upside67
Market mood3
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

JAPAN MATERIAL clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryJapan
IndustrySemiconductors & Semiconductor Equipment
SizeMedium
TypePublic Company
ExchangeTSE
Founded1997
Employees2
ISINJP3389680004
Last UpdateApr 2, 2026
Index & Theme
Computer VisionSensorsClean EnergyCleanTechDetectors, Sensors and MemsIndustrial AutomationManufacturingSemiconductor

Description

Analysis

Hidden champion

JAPAN MATERIAL Co., Ltd. is what we call a hidden champion: a strong business that the market is not pricing as one. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is fair. You pay 19.3× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone.

The trajectory is tepid and the balance sheet is sturdy. The company scores 13/20 on our value-creation score: creating some value.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
51
2023202420252026

All-time high

84

Mar 2026

All-time low

37

Jan 2023

Average rank

61

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
54
41
25
18
Price/Earnings
74
63
39
21
Price/Book
74
35
19
27
Dividend Yield
77
43
18
22
Value (overall)
80
41
17
15

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →