33.7 USD
+0.37 (+1.11%)
33.7 USD
0 (0%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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.
Each year in the past 5 years PLAB has been profitable.
Each year in the past 5 years PLAB had a positive operating cash flow.
1.2 Ratios
PLAB has a Return On Assets of 7.56%. This is in the better half of the industry: PLAB outperforms 73.45% of its industry peers.
The Return On Equity of PLAB (11.62%) is better than 76.11% of its industry peers.
The Return On Invested Capital of PLAB (10.17%) is better than 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 10.75%.
| 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
PLAB has a Profit Margin of 16.06%. This is in the better half of the industry: PLAB outperforms 75.22% of its industry peers.
In the last couple of years the Profit Margin of PLAB has grown nicely.
PLAB's Operating Margin of 24.51% is amongst the best of the industry. PLAB outperforms 82.30% of its industry peers.
PLAB's Operating Margin has improved in the last couple of years.
PLAB has a worse Gross Margin (35.30%) than 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
PLAB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
PLAB has less shares outstanding than it did 1 year ago.
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 3.80 indicates that PLAB is not in any danger for bankruptcy at the moment.
PLAB has a Altman-Z score (3.80) which is comparable to the rest of the industry.
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.
PLAB has a Debt to Equity ratio of 0.00. This is in the better half of the industry: PLAB outperforms 74.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.8 |
ROIC/WACC0.94
WACC10.76%
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
Looking at the last year, PLAB shows a decrease in Revenue. The Revenue has decreased by -2.04% in the last 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.
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 16.60, 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 is valuated rather cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 15.47, PLAB is valued correctly.
92.92% of the companies in the same industry are more expensive than PLAB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, PLAB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.6 | ||
| Fwd PE | 15.47 |
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 | 33.38 | ||
| 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)2.28
PEG (5Y)0.54
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% |
33.7
+0.37 (+1.11%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.12%
Inst Owner Change-0.12%
Ins Owners3.91%
Ins Owner Change1.37%
Market Cap1.99B
Revenue(TTM)849.29M
Net Income(TTM)136.40M
Analysts84.44
Price Target44.1 (30.86%)
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 | 16.6 | ||
| Fwd PE | 15.47 | ||
| P/S | 2.34 | ||
| P/FCF | 33.38 | ||
| P/OCF | 8.02 | ||
| P/B | 1.69 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 4.49 |
EPS(TTM)2.03
EY6.02%
EPS(NY)2.18
Fwd EY6.46%
FCF(TTM)1.01
FCFY3%
OCF(TTM)4.2
OCFY12.46%
SpS14.39
BVpS19.89
TBVpS19.89
PEG (NY)2.28
PEG (5Y)0.54
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
WACC10.76%
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 16.6 and the Price/Book (PB) ratio is 1.69.