The thesis for this sub-$1b foreign semicap is simple.

Suss MicroTec has near 100% revenue exposure to leading edge semiconductor equipment (advanced packaging & front-end logic) trading at EV/Revenue multiples 1/3 to 1/5 of US semicap majors.

In my new article, I explain each tool Suss sells and each end market they are exposed to. As always I provide a detailed revenue build, EPS estimates, and DCF valuation.

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