One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
ROHM Co., Ltd.
ROHCY · PNK · Technology · Semiconductors
Current price
$23.78
52-week range
$12.62 - $36.52
Market cap
$9.18B
Balance sheet
Healthy
7.13x Adequate
Net cash $439.38M. Interest coverage shows how many times profit covers the interest bill.
What stands out
2 Rewards
2 Risks
2 rewards · 2 risks
- Reward Revenue grew 7.3% last year.
- Reward Dividend yield is 1.3% with 2-year payout history.
- Risk Operating margin compressed from 18.2% to 7.1% over 3 years.
- Risk Insider ownership is only 0.0% (peer median: 1.7%).
What this company does
ROHM Co., Ltd.
ROHM Co., Ltd. makes and sells various electronic parts, like chips and components that go into things like cars and phones. Most of their money comes from selling these parts to big industries. This is important because it shows how essential their technology is to many everyday products and the overall health of the tech manufacturing sector.
How the company got here
ROHM Co., Ltd. was founded in 1958 in Kyoto, Japan, originally as Toyo Electronics Industry Corporation. It began by manufacturing resistors, and the company's name even reflects this origin, combining 'R' for resistors with 'ohm,' the unit of electrical resistance. Over time, ROHM expanded its focus to include semiconductors, a move that now accounts for a significant portion of its revenue. The company was an early adopter of global expansion, establishing a presence in the U.S. in the 1970s, which was quite unconventional for Japanese businesses at the time. This forward-thinking approach helped ROHM grow into the international electronics component manufacturer it is today.
What it actually does
ROHM designs and manufactures a wide array of electronic components, primarily semiconductors and integrated circuits (ICs). These tiny but crucial parts are the building blocks for countless electronic devices we use every day. Think of the chips inside your smartphone, the components that manage power in your car, or the LEDs that light up your screens – ROHM likely plays a role in many of them. Their products are essential for a variety of industries, including automotive, consumer electronics, and industrial equipment.
ICs
This segment is all about Integrated Circuits, or ICs. You can think of an IC as a miniature electronic circuit packed onto a tiny chip. ROHM produces many types of ICs, including those that manage power (power management ICs), process signals (amplifiers and linear ICs), and control various functions like motors or displays. These ICs are the 'brains' or 'nervous system' of many electronic devices, enabling them to perform complex tasks. This is a major part of ROHM's business, making up a substantial portion of its overall revenue.
Discrete Semiconductor Devices
This part of ROHM's business focuses on discrete semiconductor devices. Unlike ICs, which contain many components on a single chip, discrete devices are individual electronic components like transistors and diodes. Transistors act as electronic switches or amplifiers, while diodes allow electricity to flow in only one direction. ROHM offers various types, including power devices (like MOSFETs and IGBTs, which handle significant amounts of power) and general-purpose devices. These components are fundamental to almost all electronic circuits.
Modules and Others
This segment covers a range of other electronic products that don't fit neatly into the ICs or discrete devices categories. This includes things like print heads for printers, optical modules (which deal with light), and wireless communication modules. They also offer foundry services, which means they manufacture components for other companies based on specific designs. This diverse segment allows ROHM to offer a more complete set of solutions to its customers across various applications.
What management is betting on now
ROHM's current strategy, outlined in their 'Moving Forward to 2028' plan, centers on becoming a global leader in power and analog semiconductors. They are focusing on developing innovative products that help customers achieve 'energy savings' and 'miniaturization' in their own devices. This means investing in technologies like Silicon Carbide (SiC) power devices, which are more efficient and smaller than traditional components. Management believes these areas are crucial for addressing global challenges like decarbonization and for driving future growth.
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $23.78
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $439.4M - more cash than debt. Interest coverage 7.1x.
Net debt
$-439.38M
Interest coverage
7.13x
ROHM Co., Ltd.'s profit covers its interest bill about 7.1 times over. which is stronger than most peers shown here.
Healthy
Worse cushion
Baseline
Better cushion
ROHCY
BASELINE
ROHM Co., Ltd.
Total debt $2.55B Interest coverage 7.13x This is the baseline the peer rows are being compared against.
Total debt $4.71B Interest coverage 10.59x +49% vs ROHCY Carries about 1.5x more debt cushion than ROHCY.
Total debt $5.40B Interest coverage 2.46x -65% vs ROHCY Carries about 2.9x less debt cushion than ROHCY.
Total debt $10.98B Interest coverage 6.51x -9% vs ROHCY Has roughly the same debt cushion as ROHCY.
Total debt $18.93M Interest coverage 25.00x +251% vs ROHCY Carries about 3.5x more debt cushion than ROHCY.
What you should know
The case for and against ROHCY
2 Rewards
2 Risks
Rewards
-
Revenue grew 7.3% last year.
-
Dividend yield is 1.3% with 2-year payout history.
Risks
-
Operating margin compressed from 18.2% to 7.1% over 3 years.
-
Insider ownership is only 0.0% (peer median: 1.7%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
—
P/B
1.88x
P/S
0.02x
EV/EBITDA
-0.75x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
24.8%
Operating margin
7.1%
Net margin
-30.4%
ROE
—
ROA
—
Health
Liquidity and balance-sheet strength
Debt / equity
0.52x
Current ratio
4.17x
Quick ratio
2.97x
Total debt
$2.55B
Total cash
$2.99B
Growth
How the business has been compounding
Revenue TTM
$3.19B
Revenue 5Y CAGR
-1.8%
EPS TTM
-2.57
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$570.41M
Free CF TTM
$-137.21M
FCF margin
-4.3%
Dividend
Shareholder payout
Yield
1.3%
Payout ratio
215.2%
Last ex-div date
2026-03-31