KULICKE & SOFFA INDUSTRIES (KLIC) Stock Fundamental Analysis
NASDAQ:KLIC - Nasdaq - US5012421013 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to KLIC. KLIC was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. No worries on liquidiy or solvency for KLIC as it has an excellent financial health rating, but there are worries on the profitability. KLIC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year KLIC was profitable.
KLIC had a positive operating cash flow in the past year.
KLIC had positive earnings in 4 of the past 5 years.
In the past 5 years KLIC always reported a positive cash flow from operatings.
1.2 Ratios
KLIC has a worse Return On Assets (-5.56%) than 68.52% of its industry peers.
KLIC has a Return On Equity of -7.31%. This is in the lower half of the industry: KLIC underperforms 67.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.56% | ||
| ROE | -7.31% | ||
| ROIC | N/A |
ROA(3y)8.51%
ROA(5y)10.68%
ROE(3y)11.28%
ROE(5y)14.85%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
KLIC has a Gross Margin of 38.05%. This is in the lower half of the industry: KLIC underperforms 62.04% of its industry peers.
In the last couple of years the Gross Margin of KLIC has declined.
KLIC does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 38.05% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.07%
GM growth 5Y-4.19%
2. Health
2.1 Basic Checks
KLIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
KLIC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, KLIC has less shares outstanding
There is no outstanding debt for KLIC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
KLIC has an Altman-Z score of 7.29. This indicates that KLIC is financially healthy and has little risk of bankruptcy at the moment.
KLIC has a Altman-Z score of 7.29. This is in the better half of the industry: KLIC outperforms 69.44% of its industry peers.
KLIC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.29 |
ROIC/WACCN/A
WACC11.82%
2.3 Liquidity
KLIC has a Current Ratio of 5.41. This indicates that KLIC is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 5.41, KLIC belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
A Quick Ratio of 4.45 indicates that KLIC has no problem at all paying its short term obligations.
KLIC's Quick ratio of 4.45 is fine compared to the rest of the industry. KLIC outperforms 78.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.41 | ||
| Quick Ratio | 4.45 |
3. Growth
3.1 Past
The earnings per share for KLIC have decreased strongly by -93.68% in the last year.
KLIC shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -38.37% yearly.
The Revenue has decreased by -4.91% in the past year.
KLIC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.51% yearly.
EPS 1Y (TTM)-93.68%
EPS 3Y-81.34%
EPS 5Y-38.37%
EPS Q2Q%23.33%
Revenue 1Y (TTM)-4.91%
Revenue growth 3Y-22.51%
Revenue growth 5Y5.51%
Sales Q2Q%-2.96%
3.2 Future
KLIC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 310.37% yearly.
Based on estimates for the next years, KLIC will show a quite strong growth in Revenue. The Revenue will grow by 12.76% on average per year.
EPS Next Y3602.6%
EPS Next 2Y659.82%
EPS Next 3Y310.37%
EPS Next 5YN/A
Revenue Next Year8.4%
Revenue Next 2Y12.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 379.00, which means the current valuation is very expensive for KLIC.
KLIC's Price/Earnings ratio is a bit more expensive when compared to the industry. KLIC is more expensive than 62.96% of the companies in the same industry.
KLIC is valuated expensively when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 18.05 indicates a rather expensive valuation of KLIC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KLIC indicates a rather cheap valuation: KLIC is cheaper than 83.33% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of KLIC to the average of the S&P500 Index (22.68), we can say KLIC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 379 | ||
| Fwd PE | 18.05 |
4.2 Price Multiples
KLIC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 149.47 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
KLIC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as KLIC's earnings are expected to grow with 310.37% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y659.82%
EPS Next 3Y310.37%
5. Dividend
5.1 Amount
KLIC has a Yearly Dividend Yield of 1.90%.
KLIC's Dividend Yield is rather good when compared to the industry average which is at 2.23. KLIC pays more dividend than 90.74% of the companies in the same industry.
KLIC's Dividend Yield is comparable with the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
5.2 History
The dividend of KLIC is nicely growing with an annual growth rate of 10.58%!
KLIC has been paying a dividend for over 5 years, so it has already some track record.
KLIC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)10.58%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
KLIC has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of KLIC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-64%
EPS Next 2Y659.82%
EPS Next 3Y310.37%
41.69
-1.37 (-3.18%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners96.41%
Inst Owner Change-0.62%
Ins Owners3.29%
Ins Owner Change-0.86%
Market Cap2.23B
Analysts78.18
Price Target52.02 (24.78%)
Short Float %6.7%
Short Ratio7.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
Yearly Dividend0.8
Dividend Growth(5Y)10.58%
DP-64%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.67%
Min EPS beat(2)-5.03%
Max EPS beat(2)14.38%
EPS beat(4)2
Avg EPS beat(4)-115.38%
Min EPS beat(4)-484.86%
Max EPS beat(4)14.38%
EPS beat(8)6
Avg EPS beat(8)-35.68%
EPS beat(12)10
Avg EPS beat(12)-16.24%
EPS beat(16)13
Avg EPS beat(16)-8.75%
Revenue beat(2)0
Avg Revenue beat(2)-1.2%
Min Revenue beat(2)-1.25%
Max Revenue beat(2)-1.14%
Revenue beat(4)0
Avg Revenue beat(4)-1.42%
Min Revenue beat(4)-2.43%
Max Revenue beat(4)-0.86%
Revenue beat(8)0
Avg Revenue beat(8)-1.38%
Revenue beat(12)1
Avg Revenue beat(12)-1.14%
Revenue beat(16)3
Avg Revenue beat(16)-0.7%
PT rev (1m)-0.77%
PT rev (3m)0.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-35.82%
EPS NY rev (1m)-14.69%
EPS NY rev (3m)-21.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-16.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 379 | ||
| Fwd PE | 18.05 | ||
| P/S | 3.15 | ||
| P/FCF | 149.47 | ||
| P/OCF | 71.7 | ||
| P/B | 2.36 | ||
| P/tB | 2.68 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.11
EY0.26%
EPS(NY)2.31
Fwd EY5.54%
FCF(TTM)0.28
FCFY0.67%
OCF(TTM)0.58
OCFY1.39%
SpS13.23
BVpS17.68
TBVpS15.53
PEG (NY)0.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.56% | ||
| ROE | -7.31% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 38.05% | ||
| FCFM | 2.11% |
ROA(3y)8.51%
ROA(5y)10.68%
ROE(3y)11.28%
ROE(5y)14.85%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.07%
GM growth 5Y-4.19%
F-Score5
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 65.28% | ||
| Cap/Sales | 2.29% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.41 | ||
| Quick Ratio | 4.45 | ||
| Altman-Z | 7.29 |
F-Score5
WACC11.82%
ROIC/WACCN/A
Cap/Depr(3y)108.97%
Cap/Depr(5y)100.29%
Cap/Sales(3y)3.27%
Cap/Sales(5y)2.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-93.68%
EPS 3Y-81.34%
EPS 5Y-38.37%
EPS Q2Q%23.33%
EPS Next Y3602.6%
EPS Next 2Y659.82%
EPS Next 3Y310.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.91%
Revenue growth 3Y-22.51%
Revenue growth 5Y5.51%
Sales Q2Q%-2.96%
Revenue Next Year8.4%
Revenue Next 2Y12.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-173.55%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1310.49%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-88.46%
FCF growth 3Y-62.27%
FCF growth 5Y-22.8%
OCF growth 1Y-82.1%
OCF growth 3Y-53.06%
OCF growth 5Y-14.01%