33.33 USD
+1.55 (+4.88%)
33.41 USD
+0.08 (+0.24%)
We assign a fundamental rating of 6 out of 10 to PLAB. PLAB was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. PLAB has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. PLAB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PLAB had positive earnings in the past year.
In the past year PLAB had a positive cash flow from operations.
PLAB had positive earnings in each of the past 5 years.
Each year in the past 5 years PLAB had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 7.56%, PLAB is doing good in the industry, outperforming 73.45% of the companies in the same industry.
PLAB has a Return On Equity of 11.62%. This is in the better half of the industry: PLAB outperforms 76.11% of its industry peers.
With a decent Return On Invested Capital value of 10.17%, PLAB is doing good in the industry, outperforming 79.65% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLAB is in line with the industry average of 10.75%.
| 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
Looking at the Profit Margin, with a value of 16.06%, PLAB is in the better half of the industry, outperforming 75.22% of the companies in the same industry.
PLAB's Profit Margin has improved in the last couple of years.
PLAB's Operating Margin of 24.51% is amongst the best of the industry. PLAB outperforms 82.30% of its industry peers.
In the last couple of years the Operating Margin of PLAB has grown nicely.
PLAB's Gross Margin of 35.30% is on the low side compared to the rest of the industry. PLAB is outperformed by 64.60% of its industry peers.
In the last couple of years the Gross Margin of PLAB has grown nicely.
| 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. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PLAB is creating some value.
The number of shares outstanding for PLAB has been reduced compared to 1 year ago.
Compared to 5 years ago, PLAB has less shares outstanding
PLAB has a better debt/assets ratio than last year.
2.2 Solvency
PLAB has an Altman-Z score of 3.80. This indicates that PLAB is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PLAB (3.80) is comparable to the rest of the 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.
Looking at the Debt to FCF ratio, with a value of 0.00, PLAB belongs to the top of the industry, outperforming 86.73% of the companies in the same industry.
A Debt/Equity ratio of 0.00 indicates that PLAB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.00, PLAB is in the better half of the industry, outperforming 74.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.8 |
ROIC/WACC0.94
WACC10.87%
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.
Looking at the Current ratio, with a value of 5.37, PLAB is in the better half of the industry, outperforming 76.11% of the companies in the same industry.
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.
PLAB has a better Quick ratio (4.99) than 80.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.37 | ||
| Quick Ratio | 4.99 |
3. Growth
3.1 Past
PLAB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.53%.
Measured over the past years, PLAB shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.81% on average per year.
PLAB shows a decrease in Revenue. In the last year, the revenue decreased by -2.04%.
Measured over the past years, PLAB shows a small growth in Revenue. The Revenue has been growing by 6.85% on average per year.
EPS 1Y (TTM)2.53%
EPS 3Y0.83%
EPS 5Y30.81%
EPS Q2Q%1.69%
Revenue 1Y (TTM)-2.04%
Revenue growth 3Y0.99%
Revenue growth 5Y6.85%
Sales Q2Q%-3.08%
3.2 Future
PLAB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.76% yearly.
The Revenue is expected to grow by 7.16% on average over the next years.
EPS Next Y7.29%
EPS Next 2Y7.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.83%
Revenue Next 2Y7.16%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
PLAB is valuated correctly with a Price/Earnings ratio of 16.42.
93.81% of the companies in the same industry are more expensive than PLAB, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.19. PLAB is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 15.30 indicates a correct valuation of PLAB.
Based on the Price/Forward Earnings ratio, PLAB is valued cheaper than 92.92% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. PLAB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.42 | ||
| Fwd PE | 15.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLAB is valued cheaply inside the industry as 98.23% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PLAB is valued cheaply inside the industry as 83.19% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.01 | ||
| EV/EBITDA | 4.49 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PLAB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.25
PEG (5Y)0.53
EPS Next 2Y7.76%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PLAB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
33.33
+1.55 (+4.88%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.12%
Inst Owner Change0%
Ins Owners3.91%
Ins Owner Change-2.09%
Market Cap1.97B
Revenue(TTM)849.29M
Net Income(TTM)136.40M
Analysts84.44
Price Target44.1 (32.31%)
Short Float %7.62%
Short Ratio3.49
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)31.08%
PT rev (3m)31.08%
EPS NQ rev (1m)13.7%
EPS NQ rev (3m)13.7%
EPS NY rev (1m)6.45%
EPS NY rev (3m)6.45%
Revenue NQ rev (1m)6.5%
Revenue NQ rev (3m)6.5%
Revenue NY rev (1m)2.85%
Revenue NY rev (3m)2.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.42 | ||
| Fwd PE | 15.3 | ||
| P/S | 2.32 | ||
| P/FCF | 33.01 | ||
| P/OCF | 7.94 | ||
| P/B | 1.68 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 4.49 |
EPS(TTM)2.03
EY6.09%
EPS(NY)2.18
Fwd EY6.53%
FCF(TTM)1.01
FCFY3.03%
OCF(TTM)4.2
OCFY12.6%
SpS14.39
BVpS19.89
TBVpS19.89
PEG (NY)2.25
PEG (5Y)0.53
Graham Number30.14
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 | 3.8 |
F-Score6
WACC10.87%
ROIC/WACC0.94
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)2.53%
EPS 3Y0.83%
EPS 5Y30.81%
EPS Q2Q%1.69%
EPS Next Y7.29%
EPS Next 2Y7.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.04%
Revenue growth 3Y0.99%
Revenue growth 5Y6.85%
Sales Q2Q%-3.08%
Revenue Next Year6.83%
Revenue Next 2Y7.16%
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 16.42 and the Price/Book (PB) ratio is 1.68.