Obermatt

Disco

TYO:6146 · JP3548600000
Semiconductors & Semiconductor EquipmentLarge

360

46
Medium confidence — indicative
EV / EBIT56
Price / Owner Earnings36
Owner Earnings Yield60
Dividend Yield47
Price/Sales8
EV / Gross Profit48
Price/Book8
Returns on capital75
EBIT Margin97
Gross Profitability91
Cash Conversion39
Accruals5
Owner Earnings Margin84
Sales growth57
Profit Growth39
Long-Term EPS Growth67
Reinvestment35
Price momentum45
Debt load52
Refinancing15
Debt Payback100
Liquidity1
Analyst ratings34
Opinion Changes50
Price Target Upside61
Market mood57
Value Creation17/20strong value creator
  • 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

Disco generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryJapan
IndustrySemiconductors & Semiconductor Equipment
SizeLarge
TypePublic Company
ExchangeTSE
Founded1940
ISINJP3548600000
Last UpdateApr 2, 2026
Themes
Industrial AutomationDetectors, Sensors and MemsIndustrialMachinery Manufacturing

Description

Disco Corporation engages primarily in precision processing equipment and tools. Established with a vision to support technological advancements, The company has consistently innovated to meet the demands of various sectors including power semiconduc…

Analysis

Middle-of-the-road

Disco Corporation is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is expensive. You pay 70.3× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 23% yearly growth; analysts expect 25%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is uncertain. The company scores 17/20 on our value-creation score: strong value creator.

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
28
2023202420252026

All-time high

28

Mar 2026

All-time low

7

Jan 2023

Average rank

21

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
8
3
5
18
Price/Earnings
37
18
22
32
Price/Book
8
5
7
36
Dividend Yield
47
28
25
45
Value (overall)
17
5
11
29

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

Similar Stocks

The companies this stock is ranked against.

Compare Disco with its peers
Tokyo Seimitsu
TYO:7729
83
CountryJapan
IndustrySemiconductors & Semiconductor Equipment
SizeLarge
Full Stock Analysis →
Amada
TYO:6113
80
CountryJapan
IndustryMachinery
SizeLarge
Full Stock Analysis →
King Yuan ELECTRONICS
TAI:2449
32
CountryTaiwan
IndustrySemiconductors & Semiconductor Equipment
SizeLarge
Full Stock Analysis →
Okuma
TYO:6103
31
CountryJapan
IndustryMachinery
SizeLarge
Full Stock Analysis →
EO Technics
KOE:039030
85
CountrySouth Korea
IndustrySemiconductors & Semiconductor Equipment
SizeSmall
Full Stock Analysis →
Fuji
TYO:6134
26
CountryJapan
IndustryMachinery
SizeMedium
Full Stock Analysis →

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 →