25.25 USD
+1.1 (+4.55%)
25.5 USD
+0.25 (+0.99%)
Taking everything into account, PLAB scores 6 out of 10 in our fundamental rating. PLAB was compared to 112 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 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.
PLAB had positive earnings in each of the past 5 years.
PLAB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PLAB's Return On Assets of 6.19% is fine compared to the rest of the industry. PLAB outperforms 72.32% of its industry peers.
PLAB's Return On Equity of 9.64% is fine compared to the rest of the industry. PLAB outperforms 71.43% of its industry peers.
With a decent Return On Invested Capital value of 9.95%, PLAB is doing good in the industry, outperforming 79.46% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLAB is above the industry average of 10.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.19% | ||
| ROE | 9.64% | ||
| ROIC | 9.95% |
ROA(3y)8.29%
ROA(5y)6.4%
ROE(3y)12.94%
ROE(5y)9.95%
ROIC(3y)12.91%
ROIC(5y)9.9%
1.3 Margins
PLAB has a better Profit Margin (12.67%) than 70.54% of its industry peers.
PLAB's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 24.75%, PLAB belongs to the top of the industry, outperforming 82.14% of the companies in the same industry.
In the last couple of years the Operating Margin of PLAB has grown nicely.
PLAB's Gross Margin of 35.81% is on the low side compared to the rest of the industry. PLAB is outperformed by 62.50% of its industry peers.
PLAB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.75% | ||
| PM (TTM) | 12.67% | ||
| GM | 35.81% |
OM growth 3Y21.48%
OM growth 5Y21.98%
PM growth 3Y21.78%
PM growth 5Y22.74%
GM growth 3Y13.15%
GM growth 5Y10.69%
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 more shares outstanding
Compared to 5 years ago, PLAB has less shares outstanding
PLAB has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.30 indicates that PLAB is not in any danger for bankruptcy at the moment.
PLAB's Altman-Z score of 3.30 is in line compared to the rest of the industry. PLAB outperforms 48.21% of its industry peers.
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 86.61% of the companies in the same industry.
A Debt/Equity ratio of 0.00 indicates that PLAB is not too dependend on debt financing.
PLAB has a Debt to Equity ratio of 0.00. This is in the better half of the industry: PLAB outperforms 74.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.3 |
ROIC/WACC0.95
WACC10.43%
2.3 Liquidity
A Current Ratio of 4.99 indicates that PLAB has no problem at all paying its short term obligations.
PLAB has a Current ratio of 4.99. This is in the better half of the industry: PLAB outperforms 73.21% of its industry peers.
PLAB has a Quick Ratio of 4.62. This indicates that PLAB is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of PLAB (4.62) is better than 77.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.99 | ||
| Quick Ratio | 4.62 |
3. Growth
3.1 Past
The earnings per share for PLAB have decreased by -4.27% in the last year.
The Earnings Per Share has been growing by 33.90% on average over the past years. This is a very strong growth
PLAB shows a decrease in Revenue. In the last year, the revenue decreased by -1.79%.
The Revenue has been growing by 9.50% on average over the past years. This is quite good.
EPS 1Y (TTM)-4.27%
EPS 3Y32.05%
EPS 5Y33.9%
EPS Q2Q%0%
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y9.31%
Revenue growth 5Y9.5%
Sales Q2Q%-0.28%
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 3.14% on average per year.
Based on estimates for the next years, PLAB will show a small growth in Revenue. The Revenue will grow by 2.37% on average per year.
EPS Next Y-3.08%
EPS Next 2Y1.66%
EPS Next 3Y3.14%
EPS Next 5YN/A
Revenue Next Year-2.73%
Revenue Next 2Y0.51%
Revenue Next 3Y2.37%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
PLAB is valuated correctly with a Price/Earnings ratio of 12.50.
PLAB's Price/Earnings ratio is rather cheap when compared to the industry. PLAB is cheaper than 96.43% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.34, PLAB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.34, the valuation of PLAB can be described as correct.
Based on the Price/Forward Earnings ratio, PLAB is valued cheaply inside the industry as 98.21% of the companies are valued more expensively.
PLAB is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 12.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLAB is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
PLAB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PLAB is cheaper than 86.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.11 | ||
| EV/EBITDA | 2.58 |
4.3 Compensation for Growth
The decent profitability rating of PLAB may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.37
EPS Next 2Y1.66%
EPS Next 3Y3.14%
5. Dividend
5.1 Amount
No dividends for PLAB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
25.25
+1.1 (+4.55%)
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 Change0.06%
Market Cap1.49B
Revenue(TTM)856.15M
Net Income(TTM)108.47M
Analysts84.44
Price Target33.64 (33.23%)
Short Float %8.99%
Short Ratio7.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)6.28%
Min EPS beat(2)-19.14%
Max EPS beat(2)31.69%
EPS beat(4)3
Avg EPS beat(4)8.06%
Min EPS beat(4)-19.14%
Max EPS beat(4)31.69%
EPS beat(8)4
Avg EPS beat(8)2.53%
EPS beat(12)6
Avg EPS beat(12)2.1%
EPS beat(16)9
Avg EPS beat(16)6.98%
Revenue beat(2)1
Avg Revenue beat(2)-0.82%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)0.82%
Revenue beat(4)2
Avg Revenue beat(4)-0.62%
Min Revenue beat(4)-2.46%
Max Revenue beat(4)0.82%
Revenue beat(8)2
Avg Revenue beat(8)-2.81%
Revenue beat(12)4
Avg Revenue beat(12)-1.6%
Revenue beat(16)8
Avg Revenue beat(16)-0.57%
PT rev (1m)0%
PT rev (3m)1.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.6%
EPS NY rev (1m)0%
EPS NY rev (3m)9.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 12.34 | ||
| P/S | 1.74 | ||
| P/FCF | 23.11 | ||
| P/OCF | 6.52 | ||
| P/B | 1.32 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 2.58 |
EPS(TTM)2.02
EY8%
EPS(NY)2.05
Fwd EY8.1%
FCF(TTM)1.09
FCFY4.33%
OCF(TTM)3.87
OCFY15.33%
SpS14.51
BVpS19.08
TBVpS19.08
PEG (NY)N/A
PEG (5Y)0.37
Graham Number29.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.19% | ||
| ROE | 9.64% | ||
| ROCE | 13.43% | ||
| ROIC | 9.95% | ||
| ROICexc | 15.68% | ||
| ROICexgc | 15.68% | ||
| OM | 24.75% | ||
| PM (TTM) | 12.67% | ||
| GM | 35.81% | ||
| FCFM | 7.53% |
ROA(3y)8.29%
ROA(5y)6.4%
ROE(3y)12.94%
ROE(5y)9.95%
ROIC(3y)12.91%
ROIC(5y)9.9%
ROICexc(3y)20.57%
ROICexc(5y)15.24%
ROICexgc(3y)20.57%
ROICexgc(5y)15.24%
ROCE(3y)17.42%
ROCE(5y)13.37%
ROICexgc growth 3Y30.41%
ROICexgc growth 5Y29.52%
ROICexc growth 3Y30.45%
ROICexc growth 5Y29.79%
OM growth 3Y21.48%
OM growth 5Y21.98%
PM growth 3Y21.78%
PM growth 5Y22.74%
GM growth 3Y13.15%
GM growth 5Y10.69%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 203.77% | ||
| Cap/Sales | 19.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.12% | ||
| Profit Quality | 59.42% | ||
| Current Ratio | 4.99 | ||
| Quick Ratio | 4.62 | ||
| Altman-Z | 3.3 |
F-Score5
WACC10.43%
ROIC/WACC0.95
Cap/Depr(3y)153.58%
Cap/Depr(5y)131.47%
Cap/Sales(3y)14.5%
Cap/Sales(5y)14.32%
Profit Quality(3y)124.28%
Profit Quality(5y)132.15%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.27%
EPS 3Y32.05%
EPS 5Y33.9%
EPS Q2Q%0%
EPS Next Y-3.08%
EPS Next 2Y1.66%
EPS Next 3Y3.14%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y9.31%
Revenue growth 5Y9.5%
Sales Q2Q%-0.28%
Revenue Next Year-2.73%
Revenue Next 2Y0.51%
Revenue Next 3Y2.37%
Revenue Next 5YN/A
EBIT growth 1Y-8.07%
EBIT growth 3Y32.79%
EBIT growth 5Y33.57%
EBIT Next Year26.03%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-50.42%
FCF growth 3Y46.47%
FCF growth 5YN/A
OCF growth 1Y-16.94%
OCF growth 3Y20.13%
OCF growth 5Y30.76%
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 8 / 10.
What is the earnings growth outlook for PHOTRONICS INC?
The Earnings per Share (EPS) of PHOTRONICS INC (PLAB) is expected to decline by -3.08% in the next year.