4.13%
17.82%
11.44%
-9.80%
24.98%
90.72%
347.95%
AI Spotlight on KLAC
Company Description
KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.It operates through four segments: Semiconductor Process Control; Specialty Semiconductor Process; PCB, Display and Component Inspection; and Other.The company offers integrated circuit (IC) manufacturing products that comprises wafer inspection and review, and metrology; wafer and substrate defect inspection and metrology; reticle defect inspection and metrology; chemical/materials quality analysis; in situ process management and wafer handling diagnostics for IC and original equipment manufacturer (OEM) manufacturing; software products to provide run-time process control, defect excursion identification, process corrections, and defect classification; and refurbished and remanufactured products.
It also provides specialty semiconductor manufacturing, benchtop metrology, surface characterization, and electrical property measurement services for general purpose/ lab applications; etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry.In addition, the company offers direct imaging, inspection, optical shaping, additive printing, and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets.The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019.
KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
Market Data
| Last Price | 742.43 |
| Change Percentage | 4.13% |
| Open | 728.84 |
| Previous Close | 712.97 |
| Market Cap ( Millions) | 99307 |
| Volume | 1664506 |
| Year High | 896.32 |
| Year Low | 593.01 |
| M A 50 | 666.92 |
| M A 200 | 733.0 |
Financial Ratios
| FCF Yield | 3.39% |
| Dividend Yield | 0.81% |
| ROE | 94.31% |
| Debt / Equity | 164.10% |
| Net Debt / EBIDTA | 95.54% |
| Price To Book | 27.7 |
| Price Earnings Ratio | 30.95 |
| Price To FCF | 29.54 |
| Price To sales | 9.16 |
| EV / EBITDA | 24.42 |
News
- 03:32 - KLA Corporation (KLAC) Q2 2025 Earnings Call Transcript
- 00:01 - KLA (KLAC) Reports Q2 Earnings: What Key Metrics Have to Say
- Jan -30 - KLA (KLAC) Tops Q2 Earnings and Revenue Estimates
- Jan -30 - KLA forecasts upbeat third quarter on strong demand for chipmaking tools
- Jan -30 - KLA Corporation Reports Fiscal 2025 Second Quarter Results
- Jan -29 - KLA Corporation: Profiting From AI Hype, But Also Expensive
- Jan -28 - DeepSeek Sell-off Offers Opportunities On Semicaps, Analyst Bumps Up Price Forecasts For KLA, Nova And Camtek
- Jan -27 - Why KLA, ASML, and Lam Research Stocks All Dropped Today
- Jan -27 - KLA Set to Report Q2 Earnings: How Should You Approach the Stock?
- Jan -22 - Stocks This Month: Buy ANSYS And KLA
- Jan -21 - 5 Ideal Buys From 14 'Safer' January Dividends On Bloomberg 2025 Watch List Of 50
- Jan -16 - Why Semiconductor Equipment Stocks Applied Materials, Lam Research, and KLA Corp. Rallied Today
- Jan -16 - Stock Of The Day: Is KLA Corporation's Rally About To End?
- Jan -09 - KLAC Stock is a Risky Bet on Multiple Headwinds: Should You Stay Away?
- Jan -09 - KLA: Poised To Keep On Winning
- Jan -06 - Why Citi is bullish on the chip sector
- Jan -06 - Why TSMC, KLA, and Lam Research Stocks All Popped on Monday
- Jan -02 - Extreme Ultraviolet Lithography Market Research 2024-2029: KLA, Carl Zeiss, TRUMPF, TOPPAN, and AGC Lead the $22.69 Billion Expanding Industry
- Dec -30 - KLA (KLAC) Falls More Steeply Than Broader Market: What Investors Need to Know
- Dec -24 - Here's Why KLA (KLAC) Gained But Lagged the Market Today
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Semiconductor Process Control
Expected Growth : 6 %
What the company do ?
Semiconductor Process Control from KLA Corporation is a solution that monitors and controls semiconductor manufacturing processes to ensure high yield and quality.
Why we expect these perspectives ?
KLA Corporation's Semiconductor Process Control segment growth is driven by increasing demand for advanced semiconductor devices, rising adoption of 5G and IoT technologies, and growing need for process control and yield management in chip manufacturing. Additionally, the segment benefits from the company's strong market position, innovative products, and strategic acquisitions.
Segment n°2 -> Printed Circuit Board, Display and Component Inspection
Expected Growth : 4 %
What the company do ?
Printed Circuit Board, Display and Component Inspection from KLA Corporation involves inspecting PCBs, displays, and components for defects and anomalies using advanced technologies like AI and machine learning.
Why we expect these perspectives ?
KLA Corporation's Printed Circuit Board, Display and Component Inspection segment growth is driven by increasing demand for advanced electronics, 5G and IoT adoption, rising need for quality control and inspection in manufacturing, and growing importance of miniaturization and precision in electronics production.
Segment n°3 -> Specialty Semiconductor Process
Expected Growth : 5 %
What the company do ?
KLA Corporation's Specialty Semiconductor Process enables customized fabrication of unique semiconductor devices, such as MEMS, power management, and optoelectronic devices, requiring non-standard manufacturing processes.
Why we expect these perspectives ?
KLA Corporation's Specialty Semiconductor Process growth is driven by increasing demand for advanced logic and memory chips, 5G and IoT device proliferation, rising adoption of artificial intelligence and machine learning, and growing need for semiconductor manufacturing process control and yield management solutions.
Segment n°4 -> Corporate
Expected Growth : 3 %
What the company do ?
KLA Corporation is a leading provider of process control and yield management solutions for the semiconductor industry.
Why we expect these perspectives ?
KLA Corporation's 3% corporate growth is driven by increasing demand for semiconductor equipment, driven by the proliferation of 5G, AI, and IoT devices. Additionally, the company's focus on process control and yield management, as well as its strong relationships with leading chipmakers, contribute to its growth.
Kla Corporation Products
| Product Range | What is it ? |
|---|---|
| Wafer Inspection | KLA's wafer inspection products provide defect detection and classification capabilities to identify and characterize defects on wafers during the semiconductor manufacturing process. |
| Mask Inspection | KLA's mask inspection products inspect and measure photomasks, which are used to transfer patterns onto wafers during semiconductor manufacturing. |
| Reticle Inspection | KLA's reticle inspection products inspect and measure reticles, which are high-precision quartz or glass plates with patterned chromium layers used in semiconductor manufacturing. |
| Lithography | KLA's lithography products provide advanced patterning and imaging capabilities for semiconductor manufacturing. |
| Metrology | KLA's metrology products provide critical dimension and overlay measurement capabilities for semiconductor manufacturing. |
| Data Analytics | KLA's data analytics products provide advanced data analysis and visualization capabilities for semiconductor manufacturing. |
KLA Corporation's Porter Forces
Threat Of Substitutes
KLA Corporation's products are specialized and customized, making it difficult for substitutes to emerge. However, the company's reliance on a few key customers increases the threat of substitutes.
Bargaining Power Of Customers
KLA Corporation's customers are large and influential, giving them significant bargaining power. The company's reliance on a few key customers increases their bargaining power.
Bargaining Power Of Suppliers
KLA Corporation's suppliers are numerous and fragmented, reducing their bargaining power. The company's large size and scale also give it negotiating power over its suppliers.
Threat Of New Entrants
The semiconductor industry has high barriers to entry, including significant capital requirements and technological expertise. This makes it difficult for new entrants to challenge KLA Corporation's position.
Intensity Of Rivalry
The semiconductor industry is highly competitive, with several established players. However, KLA Corporation's specialized products and strong customer relationships help to mitigate the intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 66.99% |
| Debt Cost | 5.64% |
| Equity Weight | 33.01% |
| Equity Cost | 10.60% |
| WACC | 7.28% |
| Leverage | 202.92% |
KLA Corporation : Quality Control
KLA Corporation passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| LRCX | Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten … |
| TXN | Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to … |
| AMAT | Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent … |
| AVGO | Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. … |
| MCHP | Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Texas Instruments
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1-Year Total Return ->
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Broadcom
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1-Year Total Return ->
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Lam Research
A-Score
1-Year Total Return ->
4
Applied Materials
A-Score
1-Year Total Return ->
5
KLA
A-Score
1-Year Total Return ->
6
