1193.92 USD
-52.26 (-4.19%)
1193.92 USD
0 (0%)
KLAC gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making KLAC a very profitable company, without any liquidiy or solvency issues. KLAC is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes KLAC very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year KLAC was profitable.
KLAC had a positive operating cash flow in the past year.
Each year in the past 5 years KLAC has been profitable.
Each year in the past 5 years KLAC had a positive operating cash flow.
1.2 Ratios
KLAC has a better Return On Assets (25.96%) than 97.32% of its industry peers.
KLAC has a better Return On Equity (84.99%) than 99.11% of its industry peers.
With an excellent Return On Invested Capital value of 38.07%, KLAC belongs to the best of the industry, outperforming 99.11% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KLAC is significantly above the industry average of 10.82%.
The 3 year average ROIC (34.16%) for KLAC is below the current ROIC(38.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.96% | ||
| ROE | 84.99% | ||
| ROIC | 38.07% |
ROA(3y)22.41%
ROA(5y)22.77%
ROE(3y)94.85%
ROE(5y)116.64%
ROIC(3y)34.16%
ROIC(5y)32.64%
1.3 Margins
Looking at the Profit Margin, with a value of 33.83%, KLAC belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
KLAC's Profit Margin has improved in the last couple of years.
The Operating Margin of KLAC (42.86%) is better than 97.32% of its industry peers.
In the last couple of years the Operating Margin of KLAC has grown nicely.
With an excellent Gross Margin value of 61.99%, KLAC belongs to the best of the industry, outperforming 86.61% of the companies in the same industry.
KLAC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.86% | ||
| PM (TTM) | 33.83% | ||
| GM | 61.99% |
OM growth 3Y-0.21%
OM growth 5Y6.37%
PM growth 3Y-2.51%
PM growth 5Y9.77%
GM growth 3Y-1.04%
GM growth 5Y1.05%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), KLAC is creating value.
Compared to 1 year ago, KLAC has less shares outstanding
Compared to 5 years ago, KLAC has less shares outstanding
The debt/assets ratio for KLAC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 11.24 indicates that KLAC is not in any danger for bankruptcy at the moment.
KLAC has a better Altman-Z score (11.24) than 74.11% of its industry peers.
KLAC has a debt to FCF ratio of 1.52. This is a very positive value and a sign of high solvency as it would only need 1.52 years to pay back of all of its debts.
KLAC's Debt to FCF ratio of 1.52 is fine compared to the rest of the industry. KLAC outperforms 70.54% of its industry peers.
KLAC has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.18, KLAC is doing worse than 90.18% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for KLAC, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 1.52 | ||
| Altman-Z | 11.24 |
ROIC/WACC3.63
WACC10.5%
2.3 Liquidity
A Current Ratio of 2.69 indicates that KLAC has no problem at all paying its short term obligations.
KLAC has a Current ratio (2.69) which is comparable to the rest of the industry.
KLAC has a Quick Ratio of 1.88. This is a normal value and indicates that KLAC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.88, KLAC is in line with its industry, outperforming 41.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.69 | ||
| Quick Ratio | 1.88 |
3. Growth
3.1 Past
KLAC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.28%, which is quite impressive.
The Earnings Per Share has been growing by 26.37% on average over the past years. This is a very strong growth
Looking at the last year, KLAC shows a very strong growth in Revenue. The Revenue has grown by 22.11%.
The Revenue has been growing by 15.93% on average over the past years. This is quite good.
EPS 1Y (TTM)37.28%
EPS 3Y16.32%
EPS 5Y26.37%
EPS Q2Q%20.19%
Revenue 1Y (TTM)22.11%
Revenue growth 3Y9.69%
Revenue growth 5Y15.93%
Sales Q2Q%12.96%
3.2 Future
The Earnings Per Share is expected to grow by 12.51% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.43% on average over the next years. This is quite good.
EPS Next Y9.51%
EPS Next 2Y13.17%
EPS Next 3Y11.88%
EPS Next 5Y12.51%
Revenue Next Year8.44%
Revenue Next 2Y10.07%
Revenue Next 3Y9.22%
Revenue Next 5Y8.43%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
KLAC is valuated quite expensively with a Price/Earnings ratio of 34.31.
Based on the Price/Earnings ratio, KLAC is valued a bit cheaper than the industry average as 72.32% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.54. KLAC is valued slightly more expensive when compared to this.
KLAC is valuated quite expensively with a Price/Forward Earnings ratio of 27.98.
Based on the Price/Forward Earnings ratio, KLAC is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
KLAC's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.31 | ||
| Fwd PE | 27.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KLAC is valued a bit cheaper than 66.96% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KLAC is valued a bit cheaper than 74.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.51 | ||
| EV/EBITDA | 28.15 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of KLAC may justify a higher PE ratio.
PEG (NY)3.61
PEG (5Y)1.3
EPS Next 2Y13.17%
EPS Next 3Y11.88%
5. Dividend
5.1 Amount
KLAC has a yearly dividend return of 0.61%, which is pretty low.
Compared to an average industry Dividend Yield of 0.75, KLAC pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.61, KLAC pays less dividend than the S&P500 average, which is at 1.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
On average, the dividend of KLAC grows each year by 15.33%, which is quite nice.
KLAC has paid a dividend for at least 10 years, which is a reliable track record.
KLAC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)15.33%
Div Incr Years15
Div Non Decr Years19
5.3 Sustainability
KLAC pays out 22.67% of its income as dividend. This is a sustainable payout ratio.
The dividend of KLAC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP22.67%
EPS Next 2Y13.17%
EPS Next 3Y11.88%
1193.92
-52.26 (-4.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.4%
Inst Owner Change1.37%
Ins Owners0.06%
Ins Owner Change-0.83%
Market Cap156.87B
Revenue(TTM)12.52B
Net Income(TTM)4.24B
Analysts73.14
Price Target1310.3 (9.75%)
Short Float %2.83%
Short Ratio3.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Yearly Dividend6.79
Dividend Growth(5Y)15.33%
DP22.67%
Div Incr Years15
Div Non Decr Years19
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.89%
Min EPS beat(2)0.34%
Max EPS beat(2)7.44%
EPS beat(4)4
Avg EPS beat(4)3.33%
Min EPS beat(4)0.34%
Max EPS beat(4)7.44%
EPS beat(8)8
Avg EPS beat(8)3.19%
EPS beat(12)12
Avg EPS beat(12)3.48%
EPS beat(16)16
Avg EPS beat(16)3.85%
Revenue beat(2)1
Avg Revenue beat(2)0.13%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)0.98%
Revenue beat(4)2
Avg Revenue beat(4)0.66%
Min Revenue beat(4)-0.72%
Max Revenue beat(4)2.66%
Revenue beat(8)4
Avg Revenue beat(8)0.34%
Revenue beat(12)7
Avg Revenue beat(12)0.73%
Revenue beat(16)10
Avg Revenue beat(16)0.79%
PT rev (1m)21.96%
PT rev (3m)40.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.59%
EPS NY rev (1m)0.39%
EPS NY rev (3m)2.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.32%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.31 | ||
| Fwd PE | 27.98 | ||
| P/S | 12.53 | ||
| P/FCF | 40.51 | ||
| P/OCF | 36.93 | ||
| P/B | 31.47 | ||
| P/tB | 56.09 | ||
| EV/EBITDA | 28.15 |
EPS(TTM)34.8
EY2.91%
EPS(NY)42.67
Fwd EY3.57%
FCF(TTM)29.47
FCFY2.47%
OCF(TTM)32.33
OCFY2.71%
SpS95.32
BVpS37.94
TBVpS21.29
PEG (NY)3.61
PEG (5Y)1.3
Graham Number172.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.96% | ||
| ROE | 84.99% | ||
| ROCE | 43.75% | ||
| ROIC | 38.07% | ||
| ROICexc | 61.58% | ||
| ROICexgc | 86.56% | ||
| OM | 42.86% | ||
| PM (TTM) | 33.83% | ||
| GM | 61.99% | ||
| FCFM | 30.92% |
ROA(3y)22.41%
ROA(5y)22.77%
ROE(3y)94.85%
ROE(5y)116.64%
ROIC(3y)34.16%
ROIC(5y)32.64%
ROICexc(3y)54.21%
ROICexc(5y)49.64%
ROICexgc(3y)89.92%
ROICexgc(5y)90.43%
ROCE(3y)39.26%
ROCE(5y)37.51%
ROICexgc growth 3Y-4.35%
ROICexgc growth 5Y3.28%
ROICexc growth 3Y7.12%
ROICexc growth 5Y16.35%
OM growth 3Y-0.21%
OM growth 5Y6.37%
PM growth 3Y-2.51%
PM growth 5Y9.77%
GM growth 3Y-1.04%
GM growth 5Y1.05%
F-Score9
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 1.52 | ||
| Debt/EBITDA | 1.02 | ||
| Cap/Depr | 95.05% | ||
| Cap/Sales | 3% | ||
| Interest Coverage | 18.31 | ||
| Cash Conversion | 73.72% | ||
| Profit Quality | 91.4% | ||
| Current Ratio | 2.69 | ||
| Quick Ratio | 1.88 | ||
| Altman-Z | 11.24 |
F-Score9
WACC10.5%
ROIC/WACC3.63
Cap/Depr(3y)79.22%
Cap/Depr(5y)78.35%
Cap/Sales(3y)2.96%
Cap/Sales(5y)3.11%
Profit Quality(3y)100.05%
Profit Quality(5y)96.92%
High Growth Momentum
Growth
EPS 1Y (TTM)37.28%
EPS 3Y16.32%
EPS 5Y26.37%
EPS Q2Q%20.19%
EPS Next Y9.51%
EPS Next 2Y13.17%
EPS Next 3Y11.88%
EPS Next 5Y12.51%
Revenue 1Y (TTM)22.11%
Revenue growth 3Y9.69%
Revenue growth 5Y15.93%
Sales Q2Q%12.96%
Revenue Next Year8.44%
Revenue Next 2Y10.07%
Revenue Next 3Y9.22%
Revenue Next 5Y8.43%
EBIT growth 1Y32.78%
EBIT growth 3Y9.45%
EBIT growth 5Y23.31%
EBIT Next Year15.49%
EBIT Next 3Y12.4%
EBIT Next 5Y11.22%
FCF growth 1Y20.39%
FCF growth 3Y7.58%
FCF growth 5Y18.14%
OCF growth 1Y19.94%
OCF growth 3Y7.21%
OCF growth 5Y18.07%
KLA CORP / KLAC FAQ
What is the ChartMill fundamental rating of KLA CORP (KLAC) stock?
ChartMill assigns a fundamental rating of 7 / 10 to KLAC.
What is the valuation status for KLAC stock?
ChartMill assigns a valuation rating of 4 / 10 to KLA CORP (KLAC). This can be considered as Fairly Valued.
Can you provide the profitability details for KLA CORP?
KLA CORP (KLAC) has a profitability rating of 9 / 10.
How financially healthy is KLA CORP?
The financial health rating of KLA CORP (KLAC) is 7 / 10.
Can you provide the expected EPS growth for KLAC stock?
The Earnings per Share (EPS) of KLA CORP (KLAC) is expected to grow by 9.51% in the next year.