Source: Financial Modeling Prep · peers by sector/industry
Insider activity (SEC Form 4)
No recent Form 4 filings on EDGAR — either no insider transactions reported recently or this isn't a SEC-registered issuer.
Valuation
Trading at 0.6× earnings vs its 0.2× historical median P/E.
Fair value ≈ $10.68 · price $36.01 today
Overvalued · 237% above
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Fair-value line = the stock's median historical P/E × earnings. Price below the orange line = cheap vs its own history; above = expensive. Not investment advice.
$MRAAY showing relative strength today while $VSH continues to underperform, highlighting a clear divergence in momentum within the same broader sector. Rotating capital from laggards into stronger names is a typical way trend-followers position during uneven tape conditions. The key is whether MRAAY can sustain leadership rather than just short-term outperformance.
$MRAAY "Unlike social media stock pumpers and investment bank analysts desperate to sustain sky-high valuations for AI IPOs, the president of Taiyo Yuden is timid about raising prices, embodying a traditional Japanese mentality."
$MRAAY The piece illustrates a classic market mania where investors completely ignore a primary source. The CEO is flat-out telling the market that his company doesn't have monopoly pricing power and is managing for a cyclical downturn, yet the stock continues to trade at a multiple reserved for transformative tech giants.
$MRAAY
Taiyo Yuden's president told a national newspaper that his capacitors are commodities and that he won't chase price. The stock trades at 140 times earnings anyway.
Be careful.
$MRAAY
https://open.substack.com/pub/tsukichegos/p/the-backwards-bet?utm_source=share&utm_medium=android&r=79zrt3
How the market priced the two champions of the capacitor supercycle upside-down — and why the cleanest way to be long Murata may be to be short Taiyo Yuden
It started, as these things often do, with a notice in an inbox.
A components maker's price letter, forwarded and screenshotted across trading desks and group chats this spring, laid out the damage in tidy bullet points. Circuit boards up 70 percent. Solder up 60. And the line that made everyone sit up straight: capacitors, up 200 to 300 percent. Within days the screenshots had company — a leaked sell-side deck calling for a multi-year shortage in multilayer ceramic capacitors through 2028, server demand compounding at better than 150 percent a year, average selling prices climbing by half. On X, the retail bulls finished the job. Long Murata. Long Samsung. Long the whole ceramic complex.
$MRAAY When the Bank of Japan raises rates, it is not simply making money more expensive. It is raising the margin requirement on every leveraged position in the economy at once. That single reframing explains why BOJ tightening has detonated markets so reliably across four decades — and why the next move carries the same fuse.
$MRAAY . Late-cycle, peak-on-peak. The shortage keeps slipping (26→27→28); 26–40-week lead times invite double-ordering and customer inventory build; capacity adds across Murata/Samsung/Taiyo/Yageo can flip shortage to glut as in 2018→19. Buying peak earnings on a peak multiple.
