Technology
A global leader in wafer reclaiming with a 33% market share - RST is a less cyclical semi stock, as its low cost reclaimed wafers allow semiconductor manufacturers to continue investing even during industry downturns. The company has also expanded into the alternative energy battery sector, which is poised for significant growth. The stock trades on a P/E of only 12.6x and a P/B of 1.7x, while RST is still small with a market cap of ¥92bn which explains some of the discount to peers, Yuka Marosek thinks the stock is too cheap to ignore.
Edition: 191
- 26 July, 2024