6890 Ferrotec
- Japan Guru
- Oct 27
- 1 min read
Ferrotec manufactures parts for semiconductor wafers and semiconductor equipment, and holds a 60% share of the global market for vacuum seals. Ferrotec also manufactures equipment, materials, and consumables.
"$1.1bn mkt cap trading at 4.7x earnings. 3.7x EV/EBITDA and 0.75x Book. $875m of cash and 3 pending IPOs on the China STAR market in 2022 (Their combined stakes at least $1.7bn, likely more). 301297 CH already listed...The kicker, 2022 adjusted ROE is 21.5%."
https://x.com/JapanDeepValue1/status/1646680511967027200