PHOTRONICS INC (PLAB) Fundamental Analysis & Valuation
NASDAQ:PLAB • US7194051022
35.26 USD
-1.67 (-4.52%)
At close: Mar 3, 2026
35.15 USD
-0.11 (-0.31%)
After Hours: 3/3/2026, 8:00:01 PM
This PLAB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 6 out of 10 to PLAB. PLAB was compared to 115 industry peers in the Semiconductors & Semiconductor Equipment industry. PLAB scores excellent points on both the profitability and health parts. This is a solid base for a good stock. PLAB has a decent growth rate and is not valued too expensively.
1. PLAB Profitability Analysis
1.1 Basic Checks
- In the past year PLAB was profitable.
- PLAB had a positive operating cash flow in the past year.
- PLAB had positive earnings in each of the past 5 years.
- PLAB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- PLAB's Return On Assets of 7.56% is fine compared to the rest of the industry. PLAB outperforms 73.91% of its industry peers.
- PLAB has a better Return On Equity (11.62%) than 76.52% of its industry peers.
- PLAB has a better Return On Invested Capital (10.17%) than 82.61% of its industry peers.
- PLAB had an Average Return On Invested Capital over the past 3 years of 12.29%. This is in line with the industry average of 10.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.56% | ||
| ROE | 11.62% | ||
| ROIC | 10.17% |
ROA(3y)7.8%
ROA(5y)7.34%
ROE(3y)12.05%
ROE(5y)11.43%
ROIC(3y)12.29%
ROIC(5y)11.75%
1.3 Margins
- With a decent Profit Margin value of 16.06%, PLAB is doing good in the industry, outperforming 75.65% of the companies in the same industry.
- PLAB's Profit Margin has improved in the last couple of years.
- PLAB has a better Operating Margin (24.51%) than 82.61% of its industry peers.
- PLAB's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 35.30%, PLAB is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
- PLAB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.51% | ||
| PM (TTM) | 16.06% | ||
| GM | 35.3% |
OM growth 3Y-1.57%
OM growth 5Y18.52%
PM growth 3Y3.68%
PM growth 5Y23.71%
GM growth 3Y-0.36%
GM growth 5Y9.83%
2. PLAB Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLAB is still creating some value.
- PLAB has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for PLAB has been reduced compared to 5 years ago.
- The debt/assets ratio for PLAB has been reduced compared to a year ago.
2.2 Solvency
- PLAB has an Altman-Z score of 3.87. This indicates that PLAB is financially healthy and has little risk of bankruptcy at the moment.
- With a Altman-Z score value of 3.87, PLAB perfoms like the industry average, outperforming 53.91% of the companies in the same industry.
- PLAB has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
- PLAB has a better Debt to FCF ratio (0.00) than 86.09% of its industry peers.
- PLAB has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
- PLAB has a Debt to Equity ratio of 0.00. This is in the better half of the industry: PLAB outperforms 73.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.87 |
ROIC/WACC0.92
WACC11.11%
2.3 Liquidity
- PLAB has a Current Ratio of 5.37. This indicates that PLAB is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of PLAB (5.37) is better than 73.91% of its industry peers.
- PLAB has a Quick Ratio of 4.99. This indicates that PLAB is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 4.99, PLAB is in the better half of the industry, outperforming 75.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.37 | ||
| Quick Ratio | 4.99 |
3. PLAB Growth Analysis
3.1 Past
- PLAB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.92%.
- PLAB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.81% yearly.
- Looking at the last year, PLAB shows a decrease in Revenue. The Revenue has decreased by -2.04% in the last year.
- PLAB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.85% yearly.
EPS 1Y (TTM)1.92%
EPS 3Y0.83%
EPS 5Y30.81%
EPS Q2Q%17.31%
Revenue 1Y (TTM)-2.04%
Revenue growth 3Y0.99%
Revenue growth 5Y6.85%
Sales Q2Q%6.1%
3.2 Future
- Based on estimates for the next years, PLAB will show a small growth in Earnings Per Share. The EPS will grow by 5.62% on average per year.
- PLAB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.23% yearly.
EPS Next Y7.02%
EPS Next 2Y5.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.7%
Revenue Next 2Y6.23%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. PLAB Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 16.63 indicates a correct valuation of PLAB.
- Compared to the rest of the industry, the Price/Earnings ratio of PLAB indicates a rather cheap valuation: PLAB is cheaper than 93.04% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of PLAB to the average of the S&P500 Index (26.83), we can say PLAB is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 15.57, the valuation of PLAB can be described as correct.
- Based on the Price/Forward Earnings ratio, PLAB is valued cheaper than 90.43% of the companies in the same industry.
- PLAB is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.95, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.63 | ||
| Fwd PE | 15.57 |
4.2 Price Multiples
- PLAB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PLAB is cheaper than 100.00% of the companies in the same industry.
- PLAB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PLAB is cheaper than 80.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.28 | ||
| EV/EBITDA | 4.75 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PLAB does not grow enough to justify the current Price/Earnings ratio.
- PLAB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.37
PEG (5Y)0.54
EPS Next 2Y5.62%
EPS Next 3YN/A
5. PLAB Dividend Analysis
5.1 Amount
- PLAB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
PLAB Fundamentals: All Metrics, Ratios and Statistics
35.26
-1.67 (-4.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-25 2026-02-25/bmo
Earnings (Next)05-26 2026-05-26
Inst Owners94.12%
Inst Owner Change2.09%
Ins Owners3.91%
Ins Owner Change0.82%
Market Cap2.04B
Revenue(TTM)849.29M
Net Income(TTM)136.40M
Analysts85
Price Target43.2 (22.52%)
Short Float %5.43%
Short Ratio2.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)30.53%
Min EPS beat(2)29.38%
Max EPS beat(2)31.69%
EPS beat(4)3
Avg EPS beat(4)12.6%
Min EPS beat(4)-19.14%
Max EPS beat(4)31.69%
EPS beat(8)4
Avg EPS beat(8)2.09%
EPS beat(12)6
Avg EPS beat(12)2.67%
EPS beat(16)9
Avg EPS beat(16)6.93%
Revenue beat(2)2
Avg Revenue beat(2)1.95%
Min Revenue beat(2)0.82%
Max Revenue beat(2)3.08%
Revenue beat(4)2
Avg Revenue beat(4)0.12%
Min Revenue beat(4)-2.46%
Max Revenue beat(4)3.08%
Revenue beat(8)3
Avg Revenue beat(8)-2.37%
Revenue beat(12)5
Avg Revenue beat(12)-1.19%
Revenue beat(16)8
Avg Revenue beat(16)-0.48%
PT rev (1m)0%
PT rev (3m)28.4%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.72%
EPS NY rev (1m)0%
EPS NY rev (3m)6.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.63 | ||
| Fwd PE | 15.57 | ||
| P/S | 2.4 | ||
| P/FCF | 34.28 | ||
| P/OCF | 8.24 | ||
| P/B | 1.74 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 4.75 |
EPS(TTM)2.12
EY6.01%
EPS(NY)2.26
Fwd EY6.42%
FCF(TTM)1.03
FCFY2.92%
OCF(TTM)4.28
OCFY12.13%
SpS14.66
BVpS20.26
TBVpS20.26
PEG (NY)2.37
PEG (5Y)0.54
Graham Number31.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.56% | ||
| ROE | 11.62% | ||
| ROCE | 12.7% | ||
| ROIC | 10.17% | ||
| ROICexc | 15.86% | ||
| ROICexgc | 15.86% | ||
| OM | 24.51% | ||
| PM (TTM) | 16.06% | ||
| GM | 35.3% | ||
| FCFM | 7.01% |
ROA(3y)7.8%
ROA(5y)7.34%
ROE(3y)12.05%
ROE(5y)11.43%
ROIC(3y)12.29%
ROIC(5y)11.75%
ROICexc(3y)20.09%
ROICexc(5y)18.3%
ROICexgc(3y)20.09%
ROICexgc(5y)18.3%
ROCE(3y)15.36%
ROCE(5y)14.68%
ROICexgc growth 3Y-10.62%
ROICexgc growth 5Y18.95%
ROICexc growth 3Y-10.62%
ROICexc growth 5Y19.05%
OM growth 3Y-1.57%
OM growth 5Y18.52%
PM growth 3Y3.68%
PM growth 5Y23.71%
GM growth 3Y-0.36%
GM growth 5Y9.83%
F-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 242.55% | ||
| Cap/Sales | 22.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86.71% | ||
| Profit Quality | 43.67% | ||
| Current Ratio | 5.37 | ||
| Quick Ratio | 4.99 | ||
| Altman-Z | 3.87 |
F-Score6
WACC11.11%
ROIC/WACC0.92
Cap/Depr(3y)187.79%
Cap/Depr(5y)164.84%
Cap/Sales(3y)17.34%
Cap/Sales(5y)16.42%
Profit Quality(3y)93.18%
Profit Quality(5y)98.28%
High Growth Momentum
Growth
EPS 1Y (TTM)1.92%
EPS 3Y0.83%
EPS 5Y30.81%
EPS Q2Q%17.31%
EPS Next Y7.02%
EPS Next 2Y5.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.04%
Revenue growth 3Y0.99%
Revenue growth 5Y6.85%
Sales Q2Q%6.1%
Revenue Next Year5.7%
Revenue Next 2Y6.23%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-6.03%
EBIT growth 3Y-0.59%
EBIT growth 5Y26.64%
EBIT Next Year48.72%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-54.32%
FCF growth 3Y-28.46%
FCF growth 5Y-3.72%
OCF growth 1Y-5.22%
OCF growth 3Y-3.44%
OCF growth 5Y11.62%
PHOTRONICS INC / PLAB FAQ
What is the fundamental rating for PLAB stock?
ChartMill assigns a fundamental rating of 6 / 10 to PLAB.
Can you provide the valuation status for PHOTRONICS INC?
ChartMill assigns a valuation rating of 6 / 10 to PHOTRONICS INC (PLAB). This can be considered as Fairly Valued.
How profitable is PHOTRONICS INC (PLAB) stock?
PHOTRONICS INC (PLAB) has a profitability rating of 7 / 10.
What is the valuation of PHOTRONICS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PHOTRONICS INC (PLAB) is 16.63 and the Price/Book (PB) ratio is 1.74.