(KLAC) KLA-Tencor - Ratings and Ratios

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

Inspection, Metrology, Software, Etch, Deposition

Stock: Semiconductor Materials & Equipment
Age 45.3y

MCap 203,447m
Avg Vol 901K (1.24B USD)

Beta 1.737
Volatility 46.09%

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	0.86%
Yield on Cost 5y	2.53%
Yield CAGR 5y	17.37%
Payout Consistency	93.5%
Payout Ratio	21.3%

Risk via 5d forecast
Volatility	46.1%
Value at Risk 5%th	71.3%
Relative Tail Risk	-5.90%

Reward TTM
Sharpe Ratio	1.64
Alpha	73.11
CAGR/Max DD	1.54

Character TTM
Hurst Exponent	0.433
Beta	1.737
Beta Downside	1.604

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
FCF/TA: 0.24 > 0.02 and ΔFCF/TA 3.66 > 1.0
NWC/Revenue: 54.70% < 20% (prev 52.98%; Δ 1.72% < -1%)
CFO/TA 0.26 > 3% & CFO 4.25b > Net Income 4.24b
Net Debt (4.14b) to EBITDA (5.56b): 0.74 < 3
Current Ratio: 2.69 > 1.5 & < 3
Outstanding Shares: last quarter (132.4m) vs 12m ago -1.84% < -2%
Gross Margin: 61.62% > 18% (prev 0.60%; Δ 6101 % > 0.5%)
Asset Turnover: 78.28% > 50% (prev 65.36%; Δ 12.92% > 0%)
Interest Coverage Ratio: 17.75 > 6 (EBITDA TTM 5.56b / Interest Expense TTM 291.1m)

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 2.50b / Total Assets 16.32b)
C: 0.32 (EBIT TTM 5.17b / Avg Total Assets 16.00b)
D: 0.44 (Book Value of Equity 4.99b / Total Liabilities 11.33b)
Altman-Z'' Score: 5.88 = AAA

Beneish M -2.93

DSRI: 0.97 (Receivables 2.46b/2.08b, Revenue 12.52b/10.25b)
GMI: 0.98 (GM 61.62% / 60.38%)
AQI: 0.97 (AQ_t 0.25 / AQ_t-1 0.26)
SGI: 1.22 (Revenue 12.52b / 10.25b)
TATA: -0.00 (NI 4.24b - CFO 4.25b) / TA 16.32b)
Beneish M-Score: -2.93 = A

ValueRay F-Score (Strict, 0-100) 84.54

1. Piotroski: 8.0pt
2. FCF Yield: 1.89%
3. FCF Margin: 30.94%
4. Debt/Equity: 1.22
5. Debt/Ebitda: 0.74
6. ROIC - WACC: 31.37%
7. RoE: 98.15%
8. Revenue Trend: 70.47%
9. EPS Trend: -21.59%

What is the price of KLAC shares?

As of January 23, 2026, the stock is trading at USD 1500.00 with a total of 1,025,428 shares traded.
Over the past week, the price has changed by -2.91%, over one month by +18.52%, over three months by +34.84% and over the past year by +95.98%.

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	1416.4	-5.6%
Analysts Target Price	1416.4	-5.6%
ValueRay Target Price	2378.7	58.6%

KLAC Fundamental Data Overview January 17, 2026

P/E Trailing = 48.5379
P/E Forward = 39.3701
P/S = 16.2442
P/B = 37.8094
P/EG = 2.7108
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 = 204.85b USD (203.45b + Debt 6.09b - CCE 4.68b)
Interest Coverage Ratio = 17.75 (Ebit TTM 5.17b / Interest Expense TTM 291.1m)
EV/FCF = 52.87x (Enterprise Value 204.85b / FCF TTM 3.87b)
FCF Yield = 1.89% (FCF TTM 3.87b / Enterprise Value 204.85b)
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 = 12.55 (Enterprise Value 204.85b / 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 = 11.99% (E(203.45b)/V(209.54b) * Re(12.32%) + D(6.09b)/V(209.54b) * Rd(1.17%) * (1-Tc(0.14)))
Discount Rate = 12.32% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.43%
[DCF Debug] Terminal Value 68.85% ; FCFF base≈3.58b ; Y1≈4.30b ; Y5≈6.87b
Fair Price DCF = 456.3 (EV 64.10b - Net Debt 4.14b = Equity 59.95b / Shares 131.4m; r=11.99% [WACC]; 5y FCF grow 21.32% → 2.90% )
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=8.91 | Chg30d=+0.031 | Revisions Net=+1 | Analysts=22
EPS current Year (2026-06-30): EPS=36.05 | Chg30d=+0.225 | Revisions Net=+4 | Growth EPS=+8.3% | Growth Revenue=+8.0%
EPS next Year (2027-06-30): EPS=43.32 | Chg30d=+1.260 | Revisions Net=+4 | Growth EPS=+20.2% | Growth Revenue=+14.5%

Additional Sources for KLAC Stock

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