KLAC:NSD-KLA Corporation (USD)

COMMON STOCK | Semiconductor Equipment & Materials | NSD

Last Closing Price

USD 304.13

Change

0.00 (0.00)%

Market Cap

USD 46.98B

Volume

1.61M

Average Target Price

USD 234.55 (-22.88%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process. It also provides reticle manufacturing products, such as reticle inspection, metrology, and data analytics systems for mask shops; and packaging manufacturing products comprising packaging process control on wafer, automated optical inspection, data analytics, and packaging process control after singulation. In addition, the company offers compound semiconductor, power device, light emitting diode, and microelectromechanical system manufacturing products; data storage media/head manufacturing products; general purpose/lab applications; and previous-generation KLA systems. Further, it provides wafer processing solutions; printed circuit boards, and display and inspection components; products for the deposition of thin film coating of materials on crystalline silicon photovoltaic wafers; and other services. The company offers its products and services for use by various bare wafer, integrated circuit, reticle, and hard disk drive manufacturers. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was founded in 1975 and is headquartered in Milpitas, California.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-17 )

Largest Industry Peers for Semiconductor Equipment & Materials

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ASML ASML Holding N.V

N/A

USD222.15B 75.80 46.60
AMAT Applied Materials, Inc

N/A

USD94.31B 26.31 19.71
LRCX Lam Research Corporation

N/A

USD78.85B 31.11 22.71
TER Teradyne, Inc

N/A

USD22.80B 35.12 22.26
ENTG Entegris, Inc

N/A

USD14.52B 55.16 26.85
IPGP IPG Photonics Corporation

N/A

USD13.00B 123.94 38.40
OLED Universal Display Corporation

N/A

USD11.80B 112.38 68.36
BRKS Brooks Automation, Inc

N/A

USD5.77B 88.53 38.73
CCMP CMC Materials, Inc

N/A

USD4.79B 34.10 15.35
AMBA Ambarella, Inc

N/A

USD3.67B 220.80 N/A

ETFs Containing KLAC

Symbol Name Weight Mer Price(Change) Market Cap
CZA Invesco Zacks Mid-Cap ETF 0.00 % 0.76 %

N/A

USD0.23B
IWP iShares Russell Mid-Cap G.. 0.00 % 0.24 %

N/A

USD15.27B
IWR iShares Russell Mid-Cap E.. 0.00 % 0.19 %

N/A

USD24.84B
JKH iShares Morningstar Mid-C.. 0.00 % 0.30 %

N/A

USD1.55B
WMW ELEMENTS Linked to the Mo.. 0.00 % 0.75 %

N/A

USD0.03B
ZEUS:CA BMO Shiller Select US Ind.. 0.00 % 0.73 %

N/A

USD9.21M
AMOM QRAFT AI-Enhanced U.S. La.. 0.00 % 0.75 %

N/A

USD4.81M
XRSS:LSE Xtrackers (IE) Public Lim.. 0.00 % 0.35 %

N/A

USD0.10B
XRSM:F Xtrackers (IE) Public Lim.. 0.00 % 0.35 %

N/A

USD0.10B
XRSM:XETRA Xtrackers (IE) Public Lim.. 0.00 % 0.35 %

N/A

USD0.10B

Market Performance

  Market Performance vs.
Industry/Classification (Semiconductor Equipment & Materials)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 17.47% 70% C- 82% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 17.47% 70% C- 82% B-
Trailing 12 Months  
Capital Gain 70.16% 59% F 81% B-
Dividend Return 1.96% 92% A- 48% F
Total Return 72.12% 59% F 81% B-
Trailing 5 Years  
Capital Gain 372.84% 52% F 89% B+
Dividend Return 20.54% 75% C 72% C-
Total Return 393.38% 57% F 89% B+
Average Annual (5 Year Horizon)  
Capital Gain 30.18% 52% F 83% B
Dividend Return 2.58% 92% A- 66% D
Total Return 32.76% 56% F 84% B
Risk Return Profile  
Volatility (Standard Deviation) 26.54% 89% B+ 55% F
Risk Adjusted Return 123.47% 81% B- 96% A
Market Capitalization 46.98B 89% B+ 98% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Semiconductor Equipment & Materials)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 36.99 60% D- 30% F
Price/Book Ratio 17.10 7% F 9% F
Price / Cash Flow Ratio 26.41 52% F 15% F
EV/EBITDA 25.26 60% D- 34% F
Management Effectiveness  
Return on Equity 47.36% 96% A 98% A+
Return on Invested Capital 22.93% 89% B+ 93% A
Return on Assets 12.62% 89% B+ 97% A+
Debt to Equity Ratio 130.17% 6% F 16% F
Technical Ratios  
Short Ratio 2.99 48% F 46% F
Short Percent 1.93% 69% D+ 64% D
Beta 1.26 70% C- 44% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.