33.09 USD
+0.22 (+0.67%)
33.27 USD
+0.18 (+0.54%)
Overall PLAB gets a fundamental rating of 6 out of 10. We evaluated PLAB against 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 has a correct valuation and a medium 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.
In the past 5 years PLAB has always been profitable.
PLAB had a positive operating cash flow in each of the past 5 years.
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.
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.
PLAB has a Return On Invested Capital of 10.17%. This is in the better half of the industry: PLAB outperforms 79.65% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLAB is in line with the industry average of 10.77%.
| 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
With a decent Profit Margin value of 16.06%, PLAB is doing good in the industry, outperforming 75.22% of the companies in the same industry.
PLAB's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 24.51%, PLAB belongs to the top of the industry, outperforming 82.30% of the companies in the same industry.
PLAB's Operating Margin has improved in the last couple of years.
PLAB has a Gross Margin of 35.30%. This is in the lower half of the industry: PLAB underperforms 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.
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 3.79 indicates that PLAB is not in any danger for bankruptcy at the moment.
PLAB's Altman-Z score of 3.79 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.
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.
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 | 3.79 |
ROIC/WACC0.95
WACC10.68%
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.
PLAB's Current ratio of 5.37 is fine compared to the rest of the industry. PLAB outperforms 76.11% of its industry peers.
A Quick Ratio of 4.99 indicates that PLAB has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 4.99, PLAB belongs to the best of the industry, outperforming 80.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.37 | ||
| Quick Ratio | 4.99 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.53% over the past year.
The Earnings Per Share has been growing by 30.81% on average over the past years. This is a very strong growth
The Revenue has decreased by -2.04% in the past year.
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
The Earnings Per Share is expected to grow by 7.76% on average over the next years.
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
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.30, 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.
The average S&P500 Price/Earnings ratio is at 26.39. PLAB is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 15.19 indicates a correct valuation of PLAB.
PLAB's Price/Forward Earnings ratio is rather cheap when compared to the industry. PLAB is cheaper than 92.92% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PLAB to the average of the S&P500 Index (23.84), we can say PLAB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.3 | ||
| Fwd PE | 15.19 |
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 the industry average as 79.65% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.78 | ||
| EV/EBITDA | 4.44 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of PLAB may justify a higher PE ratio.
PEG (NY)2.24
PEG (5Y)0.53
EPS Next 2Y7.76%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for PLAB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
33.09
+0.22 (+0.67%)
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-1.75%
Market Cap1.95B
Revenue(TTM)849.29M
Net Income(TTM)136.40M
Analysts84.44
Price Target44.1 (33.27%)
Short Float %9.7%
Short Ratio4.62
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 | 16.3 | ||
| Fwd PE | 15.19 | ||
| P/S | 2.3 | ||
| P/FCF | 32.78 | ||
| P/OCF | 7.88 | ||
| P/B | 1.66 | ||
| P/tB | 1.66 | ||
| EV/EBITDA | 4.44 |
EPS(TTM)2.03
EY6.13%
EPS(NY)2.18
Fwd EY6.58%
FCF(TTM)1.01
FCFY3.05%
OCF(TTM)4.2
OCFY12.69%
SpS14.39
BVpS19.89
TBVpS19.89
PEG (NY)2.24
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 | 3.79 |
F-Score6
WACC10.68%
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 Year47.57%
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.
What is the valuation status for PLAB stock?
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.
How financially healthy is PHOTRONICS INC?
The financial health rating of PHOTRONICS INC (PLAB) is 9 / 10.
What is the earnings growth outlook for PHOTRONICS INC?
The Earnings per Share (EPS) of PHOTRONICS INC (PLAB) is expected to grow by 7.29% in the next year.