PHOTRONICS INC (PLAB) Stock Fundamental Analysis
NASDAQ:PLAB - US7194051022 - Common Stock
22.07 USD
-0.01 (-0.05%)
22.07 USD
0 (0%)
Overall PLAB gets a fundamental rating of 6 out of 10. We evaluated PLAB against 110 industry peers in the Semiconductors & Semiconductor Equipment industry. PLAB gets an excellent profitability rating and is at the same time showing great financial health properties. PLAB may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make PLAB a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year PLAB was profitable.
In the past year PLAB had a positive cash flow from operations.
Each year in the past 5 years PLAB has been profitable.
Each year in the past 5 years PLAB had a positive operating cash flow.
1.2 Ratios
PLAB has a better Return On Assets (7.04%) than 73.64% of its industry peers.
The Return On Equity of PLAB (10.90%) is better than 75.45% of its industry peers.
PLAB's Return On Invested Capital of 10.42% is amongst the best of the industry. PLAB outperforms 80.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLAB is in line with the industry average of 10.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.04% | ||
| ROE | 10.9% | ||
| ROIC | 10.42% |
ROA(3y)8.29%
ROA(5y)6.4%
ROE(3y)12.94%
ROE(5y)9.95%
ROIC(3y)12.91%
ROIC(5y)9.9%
1.3 Margins
The Profit Margin of PLAB (14.00%) is better than 73.64% of its industry peers.
In the last couple of years the Profit Margin of PLAB has grown nicely.
PLAB has a Operating Margin of 25.20%. This is amongst the best in the industry. PLAB outperforms 83.64% of its industry peers.
In the last couple of years the Operating Margin of PLAB has grown nicely.
PLAB has a worse Gross Margin (36.29%) than 64.55% of its industry peers.
In the last couple of years the Gross Margin of PLAB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.2% | ||
| PM (TTM) | 14% | ||
| GM | 36.29% |
OM growth 3Y21.48%
OM growth 5Y21.98%
PM growth 3Y21.78%
PM growth 5Y22.74%
GM growth 3Y13.15%
GM growth 5Y10.69%
2. Health
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 more shares outstanding than it did 1 year ago.
The number of shares outstanding for PLAB has been reduced compared to 5 years ago.
PLAB has a better debt/assets ratio than last year.
2.2 Solvency
PLAB has an Altman-Z score of 3.30. This indicates that PLAB is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.30, PLAB perfoms like the industry average, outperforming 50.91% of the companies in the same industry.
The Debt to FCF ratio of PLAB is 0.00, which is an excellent value as it means it would take PLAB, only 0.00 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PLAB (0.00) is better than 85.45% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that PLAB is not too dependend on debt financing.
The Debt to Equity ratio of PLAB (0.00) is better than 70.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.3 |
ROIC/WACC0.89
WACC11.66%
2.3 Liquidity
PLAB has a Current Ratio of 5.13. This indicates that PLAB is financially healthy and has no problem in meeting its short term obligations.
PLAB's Current ratio of 5.13 is fine compared to the rest of the industry. PLAB outperforms 78.18% of its industry peers.
A Quick Ratio of 4.76 indicates that PLAB has no problem at all paying its short term obligations.
The Quick ratio of PLAB (4.76) is better than 80.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.13 | ||
| Quick Ratio | 4.76 |
3. Growth
3.1 Past
PLAB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.98%.
Measured over the past years, PLAB shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.90% on average per year.
The Revenue has decreased by -3.19% in the past year.
Measured over the past years, PLAB shows a quite strong growth in Revenue. The Revenue has been growing by 9.50% on average per year.
EPS 1Y (TTM)-0.98%
EPS 3Y32.05%
EPS 5Y33.9%
EPS Q2Q%-13.04%
Revenue 1Y (TTM)-3.19%
Revenue growth 3Y9.31%
Revenue growth 5Y9.5%
Sales Q2Q%-2.77%
3.2 Future
PLAB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.07% yearly.
Based on estimates for the next years, PLAB will show a small growth in Revenue. The Revenue will grow by 0.93% on average per year.
EPS Next Y-11.62%
EPS Next 2Y1.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.04%
Revenue Next 2Y0.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.93, the valuation of PLAB can be described as reasonable.
Based on the Price/Earnings ratio, PLAB is valued cheaper than 97.27% of the companies in the same industry.
When comparing the Price/Earnings ratio of PLAB to the average of the S&P500 Index (27.03), we can say PLAB is valued rather cheaply.
A Price/Forward Earnings ratio of 10.91 indicates a reasonable valuation of PLAB.
Based on the Price/Forward Earnings ratio, PLAB is valued cheaply inside the industry as 96.36% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.63. PLAB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.93 | ||
| Fwd PE | 10.91 |
4.2 Price Multiples
PLAB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PLAB is cheaper than 99.09% 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 89.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.77 | ||
| EV/EBITDA | 2.49 |
4.3 Compensation for Growth
PLAB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.32
EPS Next 2Y1.07%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for PLAB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.07
-0.01 (-0.05%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners95.95%
Inst Owner Change-2.94%
Ins Owners4.12%
Ins Owner Change2.62%
Market Cap1.33B
Analysts84.44
Price Target31.84 (44.27%)
Short Float %5.45%
Short Ratio5.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)-5.34%
Min EPS beat(2)-19.14%
Max EPS beat(2)8.47%
EPS beat(4)2
Avg EPS beat(4)-2.54%
Min EPS beat(4)-19.14%
Max EPS beat(4)11.24%
EPS beat(8)3
Avg EPS beat(8)-3.56%
EPS beat(12)5
Avg EPS beat(12)-0.54%
EPS beat(16)9
Avg EPS beat(16)5.15%
Revenue beat(2)0
Avg Revenue beat(2)-1.71%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)-0.96%
Revenue beat(4)1
Avg Revenue beat(4)-2.84%
Min Revenue beat(4)-8.07%
Max Revenue beat(4)0.12%
Revenue beat(8)1
Avg Revenue beat(8)-3.47%
Revenue beat(12)4
Avg Revenue beat(12)-1.45%
Revenue beat(16)7
Avg Revenue beat(16)-0.66%
PT rev (1m)0%
PT rev (3m)-12.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-24.07%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.93 | ||
| Fwd PE | 10.91 | ||
| P/S | 1.55 | ||
| P/FCF | 14.77 | ||
| P/OCF | 5.24 | ||
| P/B | 1.21 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 2.49 |
EPS(TTM)2.02
EY9.15%
EPS(NY)2.02
Fwd EY9.16%
FCF(TTM)1.49
FCFY6.77%
OCF(TTM)4.21
OCFY19.09%
SpS14.24
BVpS18.3
TBVpS18.3
PEG (NY)N/A
PEG (5Y)0.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.04% | ||
| ROE | 10.9% | ||
| ROCE | 14.05% | ||
| ROIC | 10.42% | ||
| ROICexc | 16.37% | ||
| ROICexgc | 16.37% | ||
| OM | 25.2% | ||
| PM (TTM) | 14% | ||
| GM | 36.29% | ||
| FCFM | 10.49% |
ROA(3y)8.29%
ROA(5y)6.4%
ROE(3y)12.94%
ROE(5y)9.95%
ROIC(3y)12.91%
ROIC(5y)9.9%
ROICexc(3y)20.57%
ROICexc(5y)15.24%
ROICexgc(3y)20.57%
ROICexgc(5y)15.24%
ROCE(3y)17.42%
ROCE(5y)13.37%
ROICexcg growth 3Y30.41%
ROICexcg growth 5Y29.52%
ROICexc growth 3Y30.45%
ROICexc growth 5Y29.79%
OM growth 3Y21.48%
OM growth 5Y21.98%
PM growth 3Y21.78%
PM growth 5Y22.74%
GM growth 3Y13.15%
GM growth 5Y10.69%
F-Score5
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 200.08% | ||
| Cap/Sales | 19.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.14% | ||
| Profit Quality | 74.94% | ||
| Current Ratio | 5.13 | ||
| Quick Ratio | 4.76 | ||
| Altman-Z | 3.3 |
F-Score5
WACC11.66%
ROIC/WACC0.89
Cap/Depr(3y)153.58%
Cap/Depr(5y)131.47%
Cap/Sales(3y)14.5%
Cap/Sales(5y)14.32%
Profit Quality(3y)124.28%
Profit Quality(5y)132.15%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.98%
EPS 3Y32.05%
EPS 5Y33.9%
EPS Q2Q%-13.04%
EPS Next Y-11.62%
EPS Next 2Y1.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.19%
Revenue growth 3Y9.31%
Revenue growth 5Y9.5%
Sales Q2Q%-2.77%
Revenue Next Year-3.04%
Revenue Next 2Y0.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-11.39%
EBIT growth 3Y32.79%
EBIT growth 5Y33.57%
EBIT Next Year26.35%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-38.55%
FCF growth 3Y46.47%
FCF growth 5YN/A
OCF growth 1Y-10.03%
OCF growth 3Y20.13%
OCF growth 5Y30.76%