KLA CORP (KLA.DE) Fundamental Analysis & Valuation
FRA:KLA • US4824801009
1282.2 EUR
+25.8 (+2.05%)
Last: Mar 11, 2026, 07:00 PM
This KLA.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
KLA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 66 industry peers in the Semiconductors & Semiconductor Equipment industry. KLA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. KLA is valued quite expensively, but it does show have an excellent growth rating. This makes KLA very considerable for growth and quality investing!
1. KLA.DE Profitability Analysis
1.1 Basic Checks
- In the past year KLA was profitable.
- KLA had a positive operating cash flow in the past year.
- In the past 5 years KLA has always been profitable.
- Each year in the past 5 years KLA had a positive operating cash flow.
1.2 Ratios
- KLA has a better Return On Assets (27.26%) than 95.45% of its industry peers.
- With an excellent Return On Equity value of 83.39%, KLA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 37.18%, KLA belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for KLA is significantly above the industry average of 13.69%.
- The 3 year average ROIC (34.16%) for KLA is below the current ROIC(37.18%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 27.26% | ||
| ROE | 83.39% | ||
| ROIC | 37.18% |
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 35.76%, KLA belongs to the top of the industry, outperforming 93.94% of the companies in the same industry.
- KLA's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 42.71%, KLA belongs to the top of the industry, outperforming 96.97% of the companies in the same industry.
- KLA's Operating Margin has improved in the last couple of years.
- KLA has a better Gross Margin (61.91%) than 84.85% of its industry peers.
- In the last couple of years the Gross Margin of KLA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.71% | ||
| PM (TTM) | 35.76% | ||
| GM | 61.91% |
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. KLA.DE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so KLA is creating value.
- Compared to 1 year ago, KLA has less shares outstanding
- KLA has less shares outstanding than it did 5 years ago.
- KLA has a better debt/assets ratio than last year.
2.2 Solvency
- KLA has an Altman-Z score of 12.82. This indicates that KLA is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of KLA (12.82) is better than 80.30% of its industry peers.
- KLA has a debt to FCF ratio of 1.34. This is a very positive value and a sign of high solvency as it would only need 1.34 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 1.34, KLA is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
- KLA has a Debt/Equity ratio of 1.08. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.08, KLA is doing worse than 92.42% of the companies in the same industry.
- Although KLA's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 1.34 | ||
| Altman-Z | 12.82 |
ROIC/WACC3.28
WACC11.33%
2.3 Liquidity
- KLA has a Current Ratio of 2.83. This indicates that KLA is financially healthy and has no problem in meeting its short term obligations.
- KLA has a better Current ratio (2.83) than 66.67% of its industry peers.
- A Quick Ratio of 2.00 indicates that KLA has no problem at all paying its short term obligations.
- KLA has a Quick ratio of 2.00. This is in the better half of the industry: KLA outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.83 | ||
| Quick Ratio | 2 |
3. KLA.DE Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 29.43% over the past year.
- The Earnings Per Share has been growing by 26.37% on average over the past years. This is a very strong growth
- The Revenue has grown by 17.49% in the past year. This is quite good.
- KLA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.93% yearly.
EPS 1Y (TTM)29.43%
EPS 3Y16.32%
EPS 5Y26.37%
EPS Q2Q%7.93%
Revenue 1Y (TTM)17.49%
Revenue growth 3Y9.69%
Revenue growth 5Y15.93%
Sales Q2Q%7.16%
3.2 Future
- Based on estimates for the next years, KLA will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.23% on average per year.
- KLA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.55% yearly.
EPS Next Y11.72%
EPS Next 2Y19.61%
EPS Next 3Y17.48%
EPS Next 5Y18.23%
Revenue Next Year10.91%
Revenue Next 2Y15.33%
Revenue Next 3Y13.43%
Revenue Next 5Y12.55%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. KLA.DE Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 42.11, KLA can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Earnings ratio as KLA.
- KLA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.15.
- With a Price/Forward Earnings ratio of 31.31, KLA can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Forward Earnings ratio as KLA.
- KLA is valuated rather expensively when we compare the Price/Forward Earnings ratio to 24.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.11 | ||
| Fwd PE | 31.31 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KLA is on the same level as its industry peers.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of KLA indicates a somewhat cheap valuation: KLA is cheaper than 71.21% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.7 | ||
| EV/EBITDA | 32.51 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KLA does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of KLA may justify a higher PE ratio.
- KLA's earnings are expected to grow with 17.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.59
PEG (5Y)1.6
EPS Next 2Y19.61%
EPS Next 3Y17.48%
5. KLA.DE Dividend Analysis
5.1 Amount
- KLA has a yearly dividend return of 0.53%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.68, KLA pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, KLA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
5.2 History
- The dividend of KLA is nicely growing with an annual growth rate of 15.33%!
Dividend Growth(5Y)15.33%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- 21.58% of the earnings are spent on dividend by KLA. This is a low number and sustainable payout ratio.
- KLA's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP21.58%
EPS Next 2Y19.61%
EPS Next 3Y17.48%
KLA.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:KLA (3/11/2026, 7:00:00 PM)
1282.2
+25.8 (+2.05%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)01-29 2026-01-29/amc
Earnings (Next)04-28 2026-04-28/amc
Inst Owners93.59%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap168.07B
Revenue(TTM)12.74B
Net Income(TTM)4.56B
Analysts77.84
Price Target1421.4 (10.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend5.87
Dividend Growth(5Y)15.33%
DP21.58%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.55%
Min EPS beat(2)-1.45%
Max EPS beat(2)0.34%
EPS beat(4)3
Avg EPS beat(4)2.04%
Min EPS beat(4)-1.45%
Max EPS beat(4)7.44%
EPS beat(8)7
Avg EPS beat(8)2.75%
EPS beat(12)11
Avg EPS beat(12)3.2%
EPS beat(16)15
Avg EPS beat(16)3.72%
Revenue beat(2)0
Avg Revenue beat(2)-0.61%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)-0.51%
Revenue beat(4)1
Avg Revenue beat(4)-0.14%
Min Revenue beat(4)-0.72%
Max Revenue beat(4)0.98%
Revenue beat(8)4
Avg Revenue beat(8)0.4%
Revenue beat(12)6
Avg Revenue beat(12)0.37%
Revenue beat(16)10
Avg Revenue beat(16)0.83%
PT rev (1m)0.37%
PT rev (3m)26.5%
EPS NQ rev (1m)0.08%
EPS NQ rev (3m)3.14%
EPS NY rev (1m)0.17%
EPS NY rev (3m)2.01%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)3.06%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.11 | ||
| Fwd PE | 31.31 | ||
| P/S | 15.35 | ||
| P/FCF | 44.7 | ||
| P/OCF | 41.05 | ||
| P/B | 35.8 | ||
| P/tB | 58.8 | ||
| EV/EBITDA | 32.51 |
EPS(TTM)30.45
EY2.37%
EPS(NY)40.95
Fwd EY3.19%
FCF(TTM)28.69
FCFY2.24%
OCF(TTM)31.24
OCFY2.44%
SpS83.52
BVpS35.82
TBVpS21.8
PEG (NY)3.59
PEG (5Y)1.6
Graham Number156.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 27.26% | ||
| ROE | 83.39% | ||
| ROCE | 42.73% | ||
| ROIC | 37.18% | ||
| ROICexc | 62.9% | ||
| ROICexgc | 87.85% | ||
| OM | 42.71% | ||
| PM (TTM) | 35.76% | ||
| GM | 61.91% | ||
| FCFM | 34.35% |
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 Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 1.34 | ||
| Debt/EBITDA | 1.01 | ||
| Cap/Depr | 99.57% | ||
| Cap/Sales | 3.05% | ||
| Interest Coverage | 19.74 | ||
| Cash Conversion | 81.7% | ||
| Profit Quality | 96.04% | ||
| Current Ratio | 2.83 | ||
| Quick Ratio | 2 | ||
| Altman-Z | 12.82 |
F-Score9
WACC11.33%
ROIC/WACC3.28
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)29.43%
EPS 3Y16.32%
EPS 5Y26.37%
EPS Q2Q%7.93%
EPS Next Y11.72%
EPS Next 2Y19.61%
EPS Next 3Y17.48%
EPS Next 5Y18.23%
Revenue 1Y (TTM)17.49%
Revenue growth 3Y9.69%
Revenue growth 5Y15.93%
Sales Q2Q%7.16%
Revenue Next Year10.91%
Revenue Next 2Y15.33%
Revenue Next 3Y13.43%
Revenue Next 5Y12.55%
EBIT growth 1Y25.71%
EBIT growth 3Y9.45%
EBIT growth 5Y23.31%
EBIT Next Year18.27%
EBIT Next 3Y17.78%
EBIT Next 5Y15.61%
FCF growth 1Y38.2%
FCF growth 3Y7.58%
FCF growth 5Y18.14%
OCF growth 1Y37.12%
OCF growth 3Y7.21%
OCF growth 5Y18.07%
KLA CORP / KLA.DE FAQ
What is the ChartMill fundamental rating of KLA CORP (KLA.DE) stock?
ChartMill assigns a fundamental rating of 7 / 10 to KLA.DE.
What is the valuation status for KLA stock?
ChartMill assigns a valuation rating of 3 / 10 to KLA CORP (KLA.DE). This can be considered as Overvalued.
How profitable is KLA CORP (KLA.DE) stock?
KLA CORP (KLA.DE) has a profitability rating of 9 / 10.
Can you provide the financial health for KLA stock?
The financial health rating of KLA CORP (KLA.DE) is 8 / 10.
How sustainable is the dividend of KLA CORP (KLA.DE) stock?
The dividend rating of KLA CORP (KLA.DE) is 4 / 10 and the dividend payout ratio is 21.58%.