32 USD
-1.7 (-5.04%)
31.95 USD
-0.05 (-0.16%)
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 gets an excellent profitability rating and is at the same time showing great financial health properties. PLAB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PLAB had positive earnings in the past year.
PLAB had a positive operating cash flow in the past year.
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's Return On Assets of 7.56% is fine compared to the rest of the industry. PLAB outperforms 73.45% of its industry peers.
Looking at the Return On Equity, with a value of 11.62%, PLAB is in the better half of the industry, outperforming 76.11% of the companies in the same industry.
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.
The Average Return On Invested Capital over the past 3 years 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.
The Operating Margin of PLAB (24.51%) is better than 82.30% of its industry peers.
In the last couple of years the Operating Margin of PLAB has grown nicely.
With a Gross Margin value of 35.30%, PLAB is not doing good in the industry: 64.60% of the companies in the same industry are doing better.
PLAB's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLAB is still creating some value.
Compared to 1 year ago, PLAB has less 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
An Altman-Z score of 3.73 indicates that PLAB is not in any danger for bankruptcy at the moment.
PLAB's Altman-Z score of 3.73 is in line compared to the rest of the industry. PLAB outperforms 53.10% 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's Debt to FCF ratio of 0.00 is amongst the best of the industry. PLAB outperforms 86.73% of its industry peers.
PLAB has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.00, PLAB is doing good in the industry, outperforming 74.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.73 |
ROIC/WACC0.95
WACC10.7%
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.
With a decent Current ratio value of 5.37, PLAB is doing good in the industry, outperforming 76.11% of the companies in the same industry.
A Quick Ratio of 4.99 indicates that PLAB has no problem at all paying 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%.
PLAB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.81% yearly.
PLAB shows a decrease in Revenue. In the last year, the revenue decreased by -2.04%.
PLAB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.85% yearly.
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
Based on estimates for the next years, PLAB will show a small growth in Earnings Per Share. The EPS will grow by 7.76% on average per year.
Based on estimates for the next years, PLAB will show a small growth in Revenue. The Revenue will grow by 7.16% on average per year.
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
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.76, the valuation of PLAB can be described as correct.
Based on the Price/Earnings ratio, PLAB is valued cheaper than 93.81% of the companies in the same industry.
PLAB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.51.
PLAB is valuated correctly with a Price/Forward Earnings ratio of 14.69.
92.92% of the companies in the same industry are more expensive than PLAB, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PLAB to the average of the S&P500 Index (23.13), we can say PLAB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.76 | ||
| Fwd PE | 14.69 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than PLAB, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PLAB is valued a bit cheaper than 79.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.7 | ||
| EV/EBITDA | 4.21 |
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)2.16
PEG (5Y)0.51
EPS Next 2Y7.76%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for PLAB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
32
-1.7 (-5.04%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.04%
Inst Owner Change-0.72%
Ins Owners4.05%
Ins Owner Change-2.09%
Market Cap1.89B
Revenue(TTM)849.29M
Net Income(TTM)136.40M
Analysts84.44
Price Target44.1 (37.81%)
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)32.82%
EPS NQ rev (1m)13.7%
EPS NQ rev (3m)17.21%
EPS NY rev (1m)6.45%
EPS NY rev (3m)6.45%
Revenue NQ rev (1m)6.5%
Revenue NQ rev (3m)6.63%
Revenue NY rev (1m)2.85%
Revenue NY rev (3m)1.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.76 | ||
| Fwd PE | 14.69 | ||
| P/S | 2.22 | ||
| P/FCF | 31.7 | ||
| P/OCF | 7.62 | ||
| P/B | 1.61 | ||
| P/tB | 1.61 | ||
| EV/EBITDA | 4.21 |
EPS(TTM)2.03
EY6.34%
EPS(NY)2.18
Fwd EY6.81%
FCF(TTM)1.01
FCFY3.16%
OCF(TTM)4.2
OCFY13.12%
SpS14.39
BVpS19.89
TBVpS19.89
PEG (NY)2.16
PEG (5Y)0.51
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 | 3.73 |
F-Score6
WACC10.7%
ROIC/WACC0.95
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 15.76 and the Price/Book (PB) ratio is 1.61.