PHOTRONICS INC (PLAB) Stock Fundamental Analysis
USA - NASDAQ:PLAB - US7194051022 - Common Stock
22.53 USD
-0.26 (-1.14%)
22.53 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to PLAB. PLAB was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. PLAB scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on PLAB. These ratings would make PLAB suitable for value investing!
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.
Each year in the past 5 years PLAB has been profitable.
PLAB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PLAB has a better Return On Assets (6.19%) than 74.11% of its industry peers.
The Return On Equity of PLAB (9.64%) is better than 71.43% of its industry peers.
The Return On Invested Capital of PLAB (9.95%) is better than 79.46% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLAB is above the industry average of 10.87%.
| 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 Profit Margin of 12.67%. This is in the better half of the industry: PLAB outperforms 72.32% of its industry peers.
In the last couple of years the Profit Margin of PLAB has grown nicely.
PLAB has a Operating Margin of 24.75%. This is amongst the best in the industry. PLAB outperforms 83.93% of its industry peers.
In the last couple of years the Operating Margin of PLAB has grown nicely.
PLAB has a Gross Margin of 35.81%. This is in the lower half of the industry: PLAB underperforms 64.29% 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
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 more shares outstanding
Compared to 5 years ago, PLAB has less shares outstanding
Compared to 1 year ago, PLAB has an improved debt to assets ratio.
2.2 Solvency
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.
With an excellent Debt to FCF ratio value of 0.00, PLAB belongs to the best of the industry, outperforming 85.71% 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.
The Debt to Equity ratio of PLAB (0.00) is better than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC0.88
WACC11.3%
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 71.43% of its industry peers.
A Quick Ratio of 4.62 indicates that PLAB has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 4.62, PLAB is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
| 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
Looking at the last year, PLAB shows a decrease in Revenue. The Revenue has decreased by -1.79% in the last year.
Measured over the past years, PLAB shows a quite strong growth in Revenue. The Revenue has been growing by 9.50% on average per year.
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
The Earnings Per Share is expected to grow by 1.07% on average over the next years.
PLAB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.37% yearly.
EPS Next Y-11.62%
EPS Next 2Y1.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.81%
Revenue Next 2Y1.15%
Revenue Next 3Y2.37%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.15 indicates a reasonable valuation of PLAB.
Based on the Price/Earnings ratio, PLAB is valued cheaply inside the industry as 98.21% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.30. PLAB is valued rather cheaply when compared to this.
PLAB is valuated reasonably with a Price/Forward Earnings ratio of 11.14.
PLAB's Price/Forward Earnings ratio is rather cheap when compared to the industry. PLAB is cheaper than 97.32% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, PLAB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.15 | ||
| Fwd PE | 11.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLAB is valued cheaper than 99.11% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PLAB is valued cheaper than 86.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.62 | ||
| EV/EBITDA | 2.25 |
4.3 Compensation for Growth
The decent profitability rating of PLAB may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.33
EPS Next 2Y1.07%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for PLAB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.53
-0.26 (-1.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners95.95%
Inst Owner Change-2.94%
Ins Owners4.12%
Ins Owner Change1.97%
Market Cap1.33B
Analysts84.44
Price Target33.2 (47.36%)
Short Float %5.4%
Short Ratio5.26
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)4.27%
PT rev (3m)-1.36%
EPS NQ rev (1m)7.28%
EPS NQ rev (3m)-20.18%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.9%
Revenue NQ rev (1m)-1.84%
Revenue NQ rev (3m)-11.07%
Revenue NY rev (1m)0.24%
Revenue NY rev (3m)-1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.15 | ||
| Fwd PE | 11.14 | ||
| P/S | 1.55 | ||
| P/FCF | 20.62 | ||
| P/OCF | 5.82 | ||
| P/B | 1.18 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 2.25 |
EPS(TTM)2.02
EY8.97%
EPS(NY)2.02
Fwd EY8.98%
FCF(TTM)1.09
FCFY4.85%
OCF(TTM)3.87
OCFY17.18%
SpS14.51
BVpS19.08
TBVpS19.08
PEG (NY)N/A
PEG (5Y)0.33
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%
ROICexcg growth 3Y30.41%
ROICexcg 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 | N/A |
F-Score5
WACC11.3%
ROIC/WACC0.88
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-11.62%
EPS Next 2Y1.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y9.31%
Revenue growth 5Y9.5%
Sales Q2Q%-0.28%
Revenue Next Year-2.81%
Revenue Next 2Y1.15%
Revenue Next 3Y2.37%
Revenue Next 5YN/A
EBIT growth 1Y-8.07%
EBIT growth 3Y32.79%
EBIT growth 5Y33.57%
EBIT Next Year26.35%
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%