PHOTRONICS INC (PLAB) Stock Fundamental Analysis
USA - NASDAQ:PLAB - US7194051022 - Common Stock
21.71 USD
-0.97 (-4.28%)
21.71 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to PLAB. PLAB was compared to 112 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make PLAB suitable 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.
PLAB had positive earnings in each of the past 5 years.
In the past 5 years PLAB always reported a positive cash flow from operatings.
1.2 Ratios
PLAB has a better Return On Assets (6.19%) than 74.11% of its industry peers.
PLAB has a Return On Equity of 9.64%. This is in the better half of the industry: PLAB outperforms 71.43% of its industry peers.
PLAB has a Return On Invested Capital of 9.95%. This is in the better half of the industry: PLAB outperforms 78.57% 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 11.07%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.19% | ||
| ROE | 9.64% | ||
| ROIC | 9.95% |
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
PLAB's Profit Margin of 12.67% is fine compared to the rest of the industry. PLAB outperforms 72.32% of its industry peers.
PLAB's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 24.75%, PLAB belongs to the top of the industry, outperforming 83.04% of the companies in the same industry.
PLAB's Operating Margin has improved in the last couple of years.
PLAB has a worse Gross Margin (35.81%) than 64.29% of its industry peers.
PLAB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.75% | ||
| PM (TTM) | 12.67% | ||
| GM | 35.81% |
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
PLAB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, PLAB has more shares outstanding
Compared to 5 years ago, PLAB has less shares outstanding
The debt/assets ratio for PLAB has been reduced compared to a year ago.
2.2 Solvency
PLAB has an Altman-Z score of 3.21. This indicates that PLAB is financially healthy and has little risk of bankruptcy at the moment.
PLAB's Altman-Z score of 3.21 is in line compared to the rest of the industry. PLAB outperforms 49.11% of its industry peers.
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 86.61% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that PLAB is not too dependend on debt financing.
PLAB has a better Debt to Equity ratio (0.00) than 73.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.21 |
ROIC/WACC0.85
WACC11.75%
2.3 Liquidity
PLAB has a Current Ratio of 4.99. This indicates that PLAB is financially healthy and has no problem in meeting its short term obligations.
PLAB's Current ratio of 4.99 is fine compared to the rest of the industry. PLAB outperforms 71.43% of its industry peers.
PLAB has a Quick Ratio of 4.62. This indicates that PLAB is financially healthy and has no problem in meeting its short term obligations.
PLAB's Quick ratio of 4.62 is fine compared to the rest of the industry. PLAB outperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.99 | ||
| Quick Ratio | 4.62 |
3. Growth
3.1 Past
PLAB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.27%.
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.
Looking at the last year, PLAB shows a decrease in Revenue. The Revenue has decreased by -1.79% in the last year.
The Revenue has been growing by 9.50% on average over the past years. This is quite good.
EPS 1Y (TTM)-4.27%
EPS 3Y32.05%
EPS 5Y33.9%
EPS Q2Q%0%
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y9.31%
Revenue growth 5Y9.5%
Sales Q2Q%-0.28%
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 3.14% on average per year.
PLAB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.37% yearly.
EPS Next Y-3.08%
EPS Next 2Y1.66%
EPS Next 3Y3.14%
EPS Next 5YN/A
Revenue Next Year-2.73%
Revenue Next 2Y0.51%
Revenue Next 3Y2.37%
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.
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
The Price/Earnings ratio is 10.75, which indicates a very decent valuation of PLAB.
Based on the Price/Earnings ratio, PLAB is valued cheaper than 98.21% of the companies in the same industry.
PLAB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.83.
With a Price/Forward Earnings ratio of 10.61, the valuation of PLAB can be described as very reasonable.
Based on the Price/Forward Earnings ratio, PLAB is valued cheaper than 99.11% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, PLAB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.75 | ||
| Fwd PE | 10.61 |
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.
Based on the Price/Free Cash Flow ratio, PLAB is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.87 | ||
| EV/EBITDA | 2.28 |
4.3 Compensation for Growth
The decent profitability rating of PLAB may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.32
EPS Next 2Y1.66%
EPS Next 3Y3.14%
5. Dividend
5.1 Amount
No dividends for PLAB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
21.71
-0.97 (-4.28%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.71%
Inst Owner Change-0.81%
Ins Owners4.15%
Ins Owner Change0.35%
Market Cap1.28B
Revenue(TTM)856.15M
Net Income(TTM)108.47M
Analysts84.44
Price Target33.64 (54.95%)
Short Float %8.14%
Short Ratio5.54
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)6.28%
Min EPS beat(2)-19.14%
Max EPS beat(2)31.69%
EPS beat(4)3
Avg EPS beat(4)8.06%
Min EPS beat(4)-19.14%
Max EPS beat(4)31.69%
EPS beat(8)4
Avg EPS beat(8)2.53%
EPS beat(12)6
Avg EPS beat(12)2.1%
EPS beat(16)9
Avg EPS beat(16)6.98%
Revenue beat(2)1
Avg Revenue beat(2)-0.82%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)0.82%
Revenue beat(4)2
Avg Revenue beat(4)-0.62%
Min Revenue beat(4)-2.46%
Max Revenue beat(4)0.82%
Revenue beat(8)2
Avg Revenue beat(8)-2.81%
Revenue beat(12)4
Avg Revenue beat(12)-1.6%
Revenue beat(16)8
Avg Revenue beat(16)-0.57%
PT rev (1m)1.33%
PT rev (3m)5.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.12%
EPS NY rev (1m)0%
EPS NY rev (3m)9.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.75 | ||
| Fwd PE | 10.61 | ||
| P/S | 1.5 | ||
| P/FCF | 19.87 | ||
| P/OCF | 5.61 | ||
| P/B | 1.14 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 2.28 |
EPS(TTM)2.02
EY9.3%
EPS(NY)2.05
Fwd EY9.42%
FCF(TTM)1.09
FCFY5.03%
OCF(TTM)3.87
OCFY17.83%
SpS14.51
BVpS19.08
TBVpS19.08
PEG (NY)N/A
PEG (5Y)0.32
Graham Number29.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.19% | ||
| ROE | 9.64% | ||
| ROCE | 13.43% | ||
| ROIC | 9.95% | ||
| ROICexc | 15.68% | ||
| ROICexgc | 15.68% | ||
| OM | 24.75% | ||
| PM (TTM) | 12.67% | ||
| GM | 35.81% | ||
| FCFM | 7.53% |
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%
ROICexgc growth 3Y30.41%
ROICexgc 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 Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 203.77% | ||
| Cap/Sales | 19.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.12% | ||
| Profit Quality | 59.42% | ||
| Current Ratio | 4.99 | ||
| Quick Ratio | 4.62 | ||
| Altman-Z | 3.21 |
F-Score5
WACC11.75%
ROIC/WACC0.85
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)-4.27%
EPS 3Y32.05%
EPS 5Y33.9%
EPS Q2Q%0%
EPS Next Y-3.08%
EPS Next 2Y1.66%
EPS Next 3Y3.14%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y9.31%
Revenue growth 5Y9.5%
Sales Q2Q%-0.28%
Revenue Next Year-2.73%
Revenue Next 2Y0.51%
Revenue Next 3Y2.37%
Revenue Next 5YN/A
EBIT growth 1Y-8.07%
EBIT growth 3Y32.79%
EBIT growth 5Y33.57%
EBIT Next Year26.03%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-50.42%
FCF growth 3Y46.47%
FCF growth 5YN/A
OCF growth 1Y-16.94%
OCF growth 3Y20.13%
OCF growth 5Y30.76%
PHOTRONICS INC / PLAB FAQ
What is the fundamental rating for PLAB stock?
ChartMill assigns a fundamental rating of 6 / 10 to PLAB.
What is the valuation status for PLAB stock?
ChartMill assigns a valuation rating of 7 / 10 to PHOTRONICS INC (PLAB). This can be considered as Undervalued.
How profitable is PHOTRONICS INC (PLAB) stock?
PHOTRONICS INC (PLAB) has a profitability rating of 7 / 10.
How financially healthy is PHOTRONICS INC?
The financial health rating of PHOTRONICS INC (PLAB) is 8 / 10.
What is the earnings growth outlook for PHOTRONICS INC?
The Earnings per Share (EPS) of PHOTRONICS INC (PLAB) is expected to decline by -3.08% in the next year.