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Tokyo Electron Device has the Financial Strength Rank of 7.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Tokyo Electron Device's Interest Coverage for the quarter that ended in Mar. 2026 was 62.71.
Tokyo Electron Device's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.13.
As of today, Tokyo Electron Device's Altman Z-Score is 3.01.
Tokyo Electron Device (FRA:8VR) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Tokyo Electron Device has the Financial Strength Rank of 7.
Tokyo Electron Device Financial Strength Related Terms
FRA:8VR vs APH, GLW, TEL: Financial Strength Comparison
For the Electronic Components subindustry, Tokyo Electron Device's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tokyo Electron Device Financial Strength vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Electron Device's Financial Strength distribution charts can be found below:
* The bar in red indicates where Tokyo Electron Device's Financial Strength falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Tokyo Electron Device has a Z-score of 3.01, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 3.01 is strong.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tokyo Electron Device (FRA:8VR) has a Financial Strength of 7 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Tokyo Electron Device and its competitors. This is near median its historical median of 7.00. Over the past decade, Tokyo Electron Device's Financial Strength has ranged from 5.00 to 7.00.
Is Tokyo Electron Device's Financial Strength too high?
Tokyo Electron Device's current Financial Strength of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. Overall, Tokyo Electron Device has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's Financial Strength compare to APH and GLW?
Tokyo Electron Device's Financial Strength of 7 can be compared against companies in the Hardware industry. Historically, Tokyo Electron Device's own Financial Strength has ranged from 5.00 to 7.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Hardware company?
A good Financial Strength depends on the Hardware industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Tokyo Electron Device and its competitors. Tokyo Electron Device's current Financial Strength is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron Device stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron Device (FRA:8VR) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.46, compared to a current price of €21.00 — trading 20.2% above its estimated fair value. The current Financial Strength is 7, which is near median its 10-year median of 7.00. Tokyo Electron Device's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Tokyo Electron Device (FRA:8VR), the current Financial Strength is 7 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tokyo Electron Device (FRA:8VR) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Electron Device stock appears to be overvalued.
The current stock price of €21.00 is trading 20.2% above its estimated GF Value™ of €17.46.
GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.
Key valuation signals for FRA:8VR:
Financial Strength: 7 (near median its 10-year median of 7.00)
GF Value™: €17.46 vs. price of €21.00 (20.2% above fair value)
No single metric tells the full story. See the FRA:8VR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Electron Device Ltd is engaged in the sales of semiconductor products, board computer products, software and other electronic components. It is also involved in the business of network and security solutions, storage solutions, and software solutions.
69GF Score
Get the complete analysis for FRA:8VR
Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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