Overview Dividends

(KLAC) KLA-Tencor - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4824801009

Inspection, Metrology, Software, Etch, Deposition

Semiconductor Materials & Equipment
Market Cap in USD: 160,007m

IPO / Inception: 1980-10-08
Return 12m vs S&P 500: 64.5%

EPS (Earnings per Share)

EPS CAGR: -44.41%
EPS Trend: -21.6%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 8.64%
Rev. Trend: 70.5%

Last SUE: 1.10
Qual. Beats: 5

Dividends

Dividend Yield	0.56%
Yield on Cost 5y	2.70%
Yield CAGR 5y	17.37%
Payout Consistency	93.5%
Payout Ratio	21.3%

Risk via 5d forecast
Volatility	41.8%
Value at Risk 5%th	65.6%
Relative Tail Risk	-4.71%

Reward TTM
Sharpe Ratio	1.64
Alpha	67.33
CAGR/Max DD	1.39

Character TTM
Hurst Exponent	0.413
Beta	1.695
Beta Downside	1.580

Drawdowns 3y
Max DD	34.95%
Mean DD	8.80%
Median DD	6.10%

Description: KLAC KLA-Tencor December 02, 2025

KLA Corporation (NASDAQ: KLAC) designs, manufactures, and markets a portfolio of process-control, yield-management, and inspection solutions for the semiconductor and related electronics industries. The business is organized into three segments-Semiconductor Process Control, Specialty Semiconductor Process, and PCB & Component Inspection-and offers tools that detect defects, measure critical dimensions, and provide software-driven run-time process control across wafers, reticles, and printed-circuit boards.

According to the company’s FY 2023 Form 10-K, KLA generated $10.2 billion in revenue, a 13 % year-over-year increase, and reported diluted earnings per share of $6.48. The Semiconductor Process Control segment contributed roughly 78 % of total revenue, while the PCB & Component Inspection segment grew at a 22 % compound annual growth rate (CAGR) over the past three years, reflecting expanding demand for advanced packaging inspection.

Key industry drivers that underpin KLA’s outlook include: (1) the accelerating rollout of AI-focused GPUs and custom accelerators, which pushes demand for sub-3 nm lithography and tighter defect control; (2) a sustained rise in global semiconductor capital expenditures, projected by SEMI to exceed $800 billion through 2026, with a notable shift toward larger wafer sizes (300 mm to 450 mm) that increase inspection throughput requirements; and (3) the growth of advanced packaging (chip-on-wafer-on-substrate, fan-out wafer-level packaging), which expands the addressable market for KLA’s PCB and packaging metrology tools.

For a deeper quantitative view of KLAC’s valuation metrics and scenario analysis, you might explore the analyst tools on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income (4.24b TTM) > 0 and > 6% of Revenue (6% = 751.5m TTM)

FCFTA 0.24 (>2.0%) and ΔFCFTA 3.66pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 54.70% (prev 52.98%; Δ 1.72pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.26 (>3.0%) and CFO 4.25b > Net Income 4.24b (YES >=105%, WARN >=100%)

Net Debt (4.14b) to EBITDA (5.56b) ratio: 0.74 <= 3.0 (WARN <= 3.5)

Current Ratio 2.69 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (132.4m) change vs 12m ago -1.84% (target <= -2.0% for YES)

Gross Margin 61.62% (prev 60.38%; Δ 1.24pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 78.28% (prev 65.36%; Δ 12.92pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 17.75 (EBITDA TTM 5.56b / Interest Expense TTM 291.1m) >= 6 (WARN >= 3)

Altman Z'' 5.88

(A) 0.42 = (Total Current Assets 10.90b - Total Current Liabilities 4.05b) / Total Assets 16.32b

(B) 0.15 = Retained Earnings (Balance) 2.50b / Total Assets 16.32b

(D) 0.44 = Book Value of Equity 4.99b / Total Liabilities 11.33b

Total Rating: 5.88 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 84.79

1. Piotroski 8.0pt

2. FCF Yield 2.40%

3. FCF Margin 30.94%

4. Debt/Equity 1.22

5. Debt/Ebitda 0.74

6. ROIC - WACC (= 31.51)%

7. RoE 98.15%

8. Rev. Trend 70.47%

9. EPS Trend -21.59%

What is the price of KLAC shares?

As of January 09, 2026, the stock is trading at USD 1324.60 with a total of 948,775 shares traded.
Over the past week, the price has changed by +3.93%, over one month by +8.17%, over three months by +24.87% and over the past year by +94.68%.

Is KLAC a buy, sell or hold?

KLA-Tencor has received a consensus analysts rating of 3.96. Therefore, it is recommended to buy KLAC.

Strong Buy: 11
Buy: 6
Hold: 10
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the KLAC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	1321	-0.3%
Analysts Target Price	1321	-0.3%
ValueRay Target Price	2043.1	54.2%

KLAC Fundamental Data Overview January 03, 2026

P/E Trailing = 38.1621
P/E Forward = 33.4448
P/S = 12.7757
P/B = 32.0261
P/EG = 2.2961
Beta = 1.437
Revenue TTM = 12.52b USD
EBIT TTM = 5.17b USD
EBITDA TTM = 5.56b USD
Long Term Debt = 5.89b USD (from longTermDebt, last quarter)
Short Term Debt = 46.8m USD (from shortTermDebt, last quarter)
Debt = 6.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.14b USD (from netDebt column, last quarter)
Enterprise Value = 161.41b USD (160.01b + Debt 6.09b - CCE 4.68b)
Interest Coverage Ratio = 17.75 (Ebit TTM 5.17b / Interest Expense TTM 291.1m)
FCF Yield = 2.40% (FCF TTM 3.87b / Enterprise Value 161.41b)
FCF Margin = 30.94% (FCF TTM 3.87b / Revenue TTM 12.52b)
Net Margin = 33.83% (Net Income TTM 4.24b / Revenue TTM 12.52b)
Gross Margin = 61.62% ((Revenue TTM 12.52b - Cost of Revenue TTM 4.81b) / Revenue TTM)
Gross Margin QoQ = 61.27% (prev 63.24%)
Tobins Q-Ratio = 9.89 (Enterprise Value 161.41b / Total Assets 16.32b)
Interest Expense / Debt = 1.17% (Interest Expense 71.1m / Debt 6.09b)
Taxrate = 14.39% (188.4m / 1.31b)
NOPAT = 4.42b (EBIT 5.17b * (1 - 14.39%))
Current Ratio = 2.69 (Total Current Assets 10.90b / Total Current Liabilities 4.05b)
Debt / Equity = 1.22 (Debt 6.09b / totalStockholderEquity, last quarter 4.99b)
Debt / EBITDA = 0.74 (Net Debt 4.14b / EBITDA 5.56b)
Debt / FCF = 1.07 (Net Debt 4.14b / FCF TTM 3.87b)
Total Stockholder Equity = 4.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 26.48% (Net Income 4.24b / Total Assets 16.32b)
RoE = 98.15% (Net Income TTM 4.24b / Total Stockholder Equity 4.32b)
RoCE = 50.64% (EBIT 5.17b / Capital Employed (Equity 4.32b + L.T.Debt 5.89b))
RoIC = 43.36% (NOPAT 4.42b / Invested Capital 10.20b)
WACC = 11.85% (E(160.01b)/V(166.10b) * Re(12.26%) + D(6.09b)/V(166.10b) * Rd(1.17%) * (1-Tc(0.14)))
Discount Rate = 12.26% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.43%
[DCF Debug] Terminal Value 69.53% ; FCFF base≈3.58b ; Y1≈4.30b ; Y5≈6.88b
Fair Price DCF = 469.5 (EV 65.83b - Net Debt 4.14b = Equity 61.69b / Shares 131.4m; r=11.85% [WACC]; 5y FCF grow 21.32% → 3.0% )
EPS Correlation: -21.59 | EPS CAGR: -44.41% | SUE: -4.0 | # QB: 0
Revenue Correlation: 70.47 | Revenue CAGR: 8.64% | SUE: 1.10 | # QB: 5
EPS next Quarter (2026-03-31): EPS=8.88 | Chg30d=+0.009 | Revisions Net=+1 | Analysts=22
EPS current Year (2026-06-30): EPS=35.83 | Chg30d=+0.041 | Revisions Net=+4 | Growth EPS=+7.7% | Growth Revenue=+7.8%
EPS next Year (2027-06-30): EPS=42.12 | Chg30d=+0.501 | Revisions Net=+4 | Growth EPS=+17.5% | Growth Revenue=+12.3%

Additional Sources for KLAC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle