Photronics, Inc.
General ticker "PLAB" information:
- Sector: Information Technology
- Industry: Semiconductors
- Capitalization: $1.3B (TTM average)
Photronics, Inc. follows the US Stock Market performance with the rate: 54.8%.
Estimated limits based on current volatility of 5.0%: low 32.40$, high 34.82$
Factors to consider:
- Total employees count: 1878 (-0.4%) as of 2024
- China accounted for 26.9% of revenue in the fiscal year ended 2024-10-31
- US accounted for 16.9% of revenue in the fiscal year ended 2024-10-31
- Top business risk factors: Volatility in microelectronics industry, Cybersecurity threats, Labor/talent shortage/retention, Geopolitical risks, Acquisition/divestiture risks
- Current price 14.8% above estimated high
- Earnings for 12 months up through Q4 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-10-31 to 2026-10-31
- 2024-10-31 to 2025-10-31 estimated range: [18.40$, 28.98$]
- 2025-10-31 to 2026-10-31 estimated range: [19.11$, 30.09$]
Financial Metrics affecting the PLAB estimates:
- Positive: with PPE of 11.9 at the end of fiscal year the price was neutral
- Positive: Operating profit margin, % of 25.55 > 18.33
- Positive: Operating cash flow per share per price, % of 17.99 > 12.91
- Positive: Interest expense per share per price, % of 0.02 <= 0.74
- Negative: Industry operating cash flow per share per price (median), % of 2.09 <= 5.42
- Positive: Shareholder equity ratio, % of 65.47 > 64.17
- Positive: Inventory ratio change, % of 0.56 <= 0.82
- Negative: Industry operating profit margin (median), % of -6.06 <= 2.95
- Positive: -14.19 < Investing cash flow per share per price, % of -10.76
Short-term PLAB quotes
Long-term PLAB plot with estimates
Financial data
| YTD | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Operating Revenue | $824.53MM | $892.08MM | $866.85MM |
| Operating Expenses | $612.67MM | $639.03MM | $645.34MM |
| Operating Income | $211.87MM | $253.05MM | $221.52MM |
| Non-Operating Income | $27.17MM | $16.90MM | $25.90MM |
| Interest Expense | $1.86MM | $0.43MM | $0.33MM |
| R&D Expense | $18.34MM | $13.65MM | $16.58MM |
| Income(Loss) | $239.03MM | $269.95MM | $247.41MM |
| Taxes | $59.79MM | $70.31MM | $63.57MM |
| Profit(Loss)* | $118.79MM | $125.48MM | $130.69MM |
| Stockholders Equity | $831.53MM | $975.01MM | $1,120.86MM |
| Inventory | $50.75MM | $49.96MM | $56.53MM |
| Assets | $1,315.83MM | $1,526.22MM | $1,712.06MM |
| Operating Cash Flow | $275.19MM | $302.18MM | $261.44MM |
| Capital expenditure | $112.34MM | $131.29MM | $130.94MM |
| Investing Cash Flow | $-147.76MM | $-101.55MM | $-156.47MM |
| Financing Cash Flow | $-38.69MM | $-18.49MM | $-7.73MM |
| Earnings Per Share** | $1.96 | $2.05 | $2.12 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.