KLA Corp KLAC

Morningstar Rating
$254.54 +13.38 (5.55%)
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Company Report

Price vs Fair Value

KLAC is trading at a 562% premium.
Price
$2,135.64
Fair Value
$8,982.00
Uncertainty
Blgj
1-Star Price
$3,637.00
5-Star Price
$546.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

KLA dominates the process control market within WFE, with a majority market share more than quadrupling that of its next closest competitor, Applied Materials.

Bears

KLA has a smaller budget than other giant WFE peers like Applied Materials and ASML, and risks losing market share if those firms were to invest more than it is able to.

News

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Trading Information

Previous Close Price
$241.16
Day Range
$236.00254.93
52-Week Range
$83.22254.93
Bid/Ask
$255.00 / $257.00
Shares Outstanding
130.63M
Market Cap
$332.50B
Volume/Avg
10M / 10M

Key Statistics

Price/Earnings (Normalized)
69.85
Price/Sales
25.70
Dividend Yield (Trailing)
0.31%
Dividend Yield (Forward)
0.36%
Total Yield
0.91%

Company Profile

KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
Sector
Technology
Industry
Semiconductor Equipment & Materials
Stock Style Box
Large Growth
Total Number of Employees
15,200

Competitors

Valuation

Metric
KLAC
AMAT
LRCX
Price/Earnings (Normalized)
69.8557.3668.82
Price/Book Value
57.0618.8443.34
Price/Sales
25.7015.6421.42
Price/Cash Flow
63.9456.4664.25
Price/Earnings
KLAC
AMAT
LRCX

Financial Strength

Metric
KLAC
AMAT
LRCX
Quick Ratio
1.981.671.69
Current Ratio
3.032.512.54
Interest Coverage
19.3130.1844.95
Quick Ratio
KLAC
AMAT
LRCX

Profitability

Metric
KLAC
AMAT
LRCX
Return on Assets (Normalized)
29.68%21.71%33.42%
Return on Equity (Normalized)
96.44%37.83%70.04%
Return on Invested Capital (Normalized)
44.22%22.22%48.65%
Return on Assets
KLAC
AMAT
LRCX

Semiconductor Equipment & Materials Industry Comparables

1-Day Chart
Name
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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AMAT
CjlnqgdxLfq$395B
Tokyo Electron Ltd
TOELF
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Tokyo Electron Ltd ADR
TOELY
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Teradyne Inc
TER
YtqzmkbfLkws$63B
Qnity Electronics Inc
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XhxshvjpkDqbcjz$32B
Entegris Inc
ENTG
VmjlqbyxdXyg$23B

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