Torex Semiconductor Ltd (8KH) fair value: what the stock is really worth
As of Oct 26, 2026: fair value (intrinsic value) of Torex Semiconductor Ltd stock €9.17, price €8.83, upside +3.9%, quality 65 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?Yes
Good quality?Yes
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 21, 2026.
How to read this chart
60‑month range €5.27 – €26.45 · fair‑value band €6.78 – €11.46 · the €8.83 price screens below the €9.17 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 21, 2026.
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Torex Semiconductor Ltd. researches, develops, manufactures, and sells IC and active discrete components in Japan, Asia, Europe, and North America.
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The company offers DC/DC converters, voltage regulators, voltage detectors/reset Ics, push button controllers, load switches, PLL clock generators, transient voltage suppressors, MOSFET, power devices SiC-SBD, and power MOSFET; charge pump, battery charge, and hall ICs; and Shottky barrier, Zener, switching, and bridge diodes.
Its products are used in industrial, consumer electronics, medical and healthcare, automotive, and computer and communications fields. Torex Semiconductor Ltd. was incorporated in 1995 and is headquartered in Chuo, Japan.
Stock analysis
Torex Semiconductor Ltd (8KH) currently trades at €8.83, while our model-based Fair Value estimate is €9.17, so the stock looks roughly fairly valued today (gap 3.8%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of €13.04 per share, and 10 of the 24 models we run sit above the €8.83 price.
Bear case: the Dividend Discount group reads lowest at €2.35, and 14 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: €6.78 (bear) to €11.46 (bull), the price of €8.83 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Torex Semiconductor Ltd reported revenue of ¥25.1B in FY2026 versus ¥30.9B in FY2022, a compound −5.1%/yr. Reported net income was ¥1.2B in FY2026, compounding −22.2%/yr from FY2022.
Key figures
Market cap €114M Micro · P/E ratio 14.5 · P/S ratio 0.67 · EPS (TTM) €0.6100 · Dividend yield 3.6% · Net margin 4.6% · Return on equity 11.1% · Return on assets (EBIT) 3.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 41% below its 52-week high and 24% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at 4%, 8KH screens cheaper than that median.
Fair Value models
Bear€6.78Fair Value €9.17Bull€11.46
Price €8.83 · Upside +3.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (€0.1680 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+4.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−7.8%
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in JPY ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−14.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.6%
Dividend (yield on the price)3.6%
Profit margin 2022 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.13% → 4%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+16.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about +13.7% a year for the price.
Compare Torex Semiconductor Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductors · 352 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score65 · Above median
Fair Value upside+3.9% · Top 25%
Profitability
Return on equity (12 months)11.1% · Above median
Return on assets3.2% · Below median
Net margin (12 months)4.6% · Below median
Operating margin (12 months)13.5% · Above median
Growth and dividend
Revenue growth (quarter YoY)11.9% · Below median
Dividend yield (12 months)3.6% · Top 25%
Balance sheet
Debt / equity0.42× · Highest 25%
Valuation Multiplesvs Semiconductors median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Torex Semiconductor Ltd (8KH) overvalued or undervalued?
As of Oct 21, 2026, our model estimates a fair value of €9.17 versus a price of €8.83, about +4% upside (fairly valued).
What is the fair value of 8KH?
Our model-based fair value for Torex Semiconductor Ltd is €9.17 (as of Oct 21, 2026), built from audited fundamentals. The current price: €8.83.
What is the quality score of 8KH?
Torex Semiconductor Ltd has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Torex Semiconductor Ltd (8KH)?
Our model-based price target is the fair value of €9.17 (as of Oct 21, 2026) from 24 valuation models. Cautious scenario €6.78, optimistic scenario €11.46. It is a calculation from audited fundamentals, not an analyst target.
What is the Torex Semiconductor Ltd stock forecast for 2026?
Our models put fair value at €9.17, about +4% upside versus a price of €8.83 (fairly valued). Cautious scenario €6.78, optimistic scenario €11.46. The calculation is refreshed regularly with new filings.
What is the revenue of Torex Semiconductor Ltd (8KH)?
Torex Semiconductor Ltd reported trailing-twelve-month revenue of about ¥25.8B (latest available figure, as of Oct 21, 2026).
Does Torex Semiconductor Ltd pay a dividend?
Torex Semiconductor Ltd currently shows a dividend yield of 3.60% relative to its recent price (as of Oct 21, 2026).
What growth is priced into Torex Semiconductor Ltd (8KH)?
For today's price to be fair in a discounted-cash-flow model, Torex Semiconductor Ltd would have to grow free cash flow by +16.1 % per year for five years (discount rate 12.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew -5.1 % per year. As of Oct 21, 2026.
What discount rate (WACC) does the fair value of 8KH use?
Our models discount Torex Semiconductor Ltd at 12.0 %: a base by market capitalisation (micro), damped by beta 0.84, country premium for Germany. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Torex Semiconductor Ltd that is +16.1 % per year a year over ten years, using the same discount rate (12.0 %) and the same formula as our fair value.
How much growth has Torex Semiconductor Ltd (8KH) delivered so far?
Over the past 4 years revenue at Torex Semiconductor Ltd grew -5.1 % a year. The price currently implies +16.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Torex Semiconductor Ltd (8KH) growing?
The median revenue growth in the sector is +10.8 % a year. That is the yardstick for the growth priced into Torex Semiconductor Ltd (+16.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Torex Semiconductor Ltd (8KH)?
The free-cash-flow yield on the price is 5.65 %: that much free cash flow Torex Semiconductor Ltd produces per unit of market value. When it exceeds the discount rate of our models (12.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Torex Semiconductor Ltd (8KH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Torex Semiconductor Ltd it is €9.17 per share (as of Oct 21, 2026), against a price of €8.83. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Torex Semiconductor Ltd stock overvalued or undervalued in 2026?
As of Oct 21, 2026, 8KH trades below its calculated fair value: price €8.83, fair value €9.17, a gap of about +4% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 8KH?
No. The price is what the market pays today (€8.83); the fair value is what the company's own numbers justify (€9.17). For Torex Semiconductor Ltd the two are €0.3446 per share apart. That gap is exactly why we show both numbers side by side.
How much is Torex Semiconductor Ltd worth?
The market values Torex Semiconductor Ltd at about €114M (market capitalisation, as of Oct 21, 2026). Per share that is €8.83; our models calculate a fair value of €9.17 per share.
What do the bullish and bearish scenarios say about 8KH?
Our models span a range for Torex Semiconductor Ltd: cautious scenario €6.78, base €9.17, optimistic €11.46 per share (as of Oct 21, 2026, price €8.83). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8KH?
Torex Semiconductor Ltd trades at a price-to-earnings ratio of 14.5 (as of Oct 21, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €9.17 is built from several models across several years. Other multiples: P/B 0.9, P/S 0.6, EV/EBITDA 3.9.
How solid is the balance sheet of Torex Semiconductor Ltd (8KH)?
Balance-sheet figures for Torex Semiconductor Ltd (as of Oct 21, 2026): return on equity 11.1%, debt of 0.42 per unit of equity. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is 8KH from its 52-week high?
Torex Semiconductor Ltd trades at €8.83, about 41% below its 52-week high of €15.08 and 24% above the low of €7.12 (as of Oct 23, 2026). Distance from the high says nothing about value: that is what the fair value of €9.17 is for.
Which stocks are comparable to Torex Semiconductor Ltd?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Torex Semiconductor Ltd stock attractive at the current price?
The data as of Oct 21, 2026: price €8.83, calculated fair value €9.17 (+4%), Quality Score 65/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 8KH calculated?
We run Torex Semiconductor Ltd through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €9.17, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 12.7 % above its aggregate fair value. Torex Semiconductor Ltd currently trades 4 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Torex Semiconductor Ltd (8KH)?
The closing price on Oct 26, 2026 was €8.83. Our model-based fair value is €9.17, about +4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Torex Semiconductor Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Key figures of Torex Semiconductor Ltd
How large is the market capitalisation of Torex Semiconductor Ltd (8KH)?
The market capitalisation of Torex Semiconductor Ltd is €114M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Torex Semiconductor Ltd (8KH)?
The price-to-sales ratio of Torex Semiconductor Ltd is 0.67 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Torex Semiconductor Ltd (8KH)?
Earnings per share at Torex Semiconductor Ltd are €0.6100 (price ÷ EPS = P/E 14.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Torex Semiconductor Ltd (8KH)?
The dividend yield of Torex Semiconductor Ltd is 3.6% (payout 52.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Torex Semiconductor Ltd (8KH)?
The net margin of Torex Semiconductor Ltd is 4.6% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Torex Semiconductor Ltd (8KH)?
The return on equity (ROE) of Torex Semiconductor Ltd is 11.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Torex Semiconductor Ltd (8KH)?
On an EBIT basis the return on assets of Torex Semiconductor Ltd is 3.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Torex Semiconductor Ltd (8KH)?
The operating margin of Torex Semiconductor Ltd is 13.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Torex Semiconductor Ltd (8KH)?
Revenue at Torex Semiconductor Ltd is growing +11.9% versus a year earlier (3y avg −7.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Torex Semiconductor Ltd (8KH)?
Earnings per share at Torex Semiconductor Ltd are growing +24.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Torex Semiconductor Ltd (8KH) carry?
The net debt of Torex Semiconductor Ltd is ¥3.2B (fiscal year 2026, ≈ 3.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Oct 21, 2026