(MKSI) MKS Instruments - Overview

Sector: Technology | Industry: Scientific & Technical Instruments | Exchange: NASDAQ (USA) | Market Cap: 22.155m USD | Total Return: 281.4% in 12m

Vacuum Controls, Lasers, Power Generators, Plating Chemicals
Total Rating 61
Safety 56
Buy Signal 0.45
Scientific & Technical Instruments
Industry Rotation: -4.2
Market Cap: 22.2B
Avg Turnover: 391M
Risk 3d forecast
Volatility44.4%
VaR 5th Pctl7.63%
VaR vs Median4.40%
Reward TTM
Sharpe Ratio2.82
Rel. Str. IBD96.9
Rel. Str. Peer Group65.3
Character TTM
Beta2.849
Beta Downside2.742
Hurst Exponent0.416
Drawdowns 3y
Max DD59.11%
CAGR/Max DD0.87
CAGR/Mean DD3.06
EPS (Earnings per Share) EPS (Earnings per Share) of MKSI over the last years for every Quarter: "2021-03": 2.56, "2021-06": 3.02, "2021-09": 2.79, "2021-12": 3.02, "2022-03": 2.71, "2022-06": 2.59, "2022-09": 2.74, "2022-12": 2, "2023-03": 0.48, "2023-06": 1.32, "2023-09": 1.46, "2023-12": 1.17, "2024-03": 1.18, "2024-06": 1.53, "2024-09": 1.72, "2024-12": 2.15, "2025-03": 1.71, "2025-06": 1.77, "2025-09": 1.93, "2025-12": 2.47, "2026-03": 2.3,
EPS CAGR: 20.01%
EPS Trend: 81.1%
Last SUE: 1.49
Qual. Beats: 1
Revenue Revenue of MKSI over the last years for every Quarter: 2021-03: 694, 2021-06: 750, 2021-09: 742, 2021-12: 763.9, 2022-03: 742, 2022-06: 765, 2022-09: 954, 2022-12: 1086, 2023-03: 794, 2023-06: 1003, 2023-09: 932, 2023-12: 892, 2024-03: 868, 2024-06: 887, 2024-09: 896, 2024-12: 934, 2025-03: 936, 2025-06: 973, 2025-09: 988, 2025-12: 1033, 2026-03: 1078,
Rev. CAGR: 2.05%
Rev. Trend: 43.1%
Last SUE: 2.67
Qual. Beats: 1

Warnings

Altman Z'' 1.06 < 1.0 - financial distress zone

Tailwinds

Supp Ema20, Rs Leader, Tailwind, Confidence

Description: MKSI MKS Instruments

MKS Inc. is a global provider of foundational technology solutions serving the semiconductor, electronics, and specialty industrial sectors. The company operates through three primary segments: Vacuum Solutions (VSD), Photonics Solutions (PSD), and Material Solutions (MSD). Its portfolio includes critical hardware and chemistry used in gas delivery, power generation, laser systems, and advanced surface modification.

The company utilizes a diversified distribution model, leveraging direct sales, independent distributors, and digital catalogs to reach international markets including China, South Korea, and Taiwan. As a key supplier in the semiconductor equipment ecosystem, MKS Inc. benefits from the high barriers to entry inherent in precision vacuum and photonics engineering. Further analysis of these market dynamics is available on ValueRay for those conducting deeper due diligence. The firm recently rebranded from MKS Instruments, Inc. in May 2025 and maintains its corporate headquarters in Andover, Massachusetts.

Headlines to Watch Out For
  • Semiconductor capital equipment spending cycles dictate Vacuum Solutions Division revenue growth
  • Atotech acquisition integration and debt deleveraging progress influence investor sentiment
  • Advanced electronics packaging demand drives Material Solutions Division chemistry sales
  • Broad industrial laser adoption rates impact Photonics Solutions Division profit margins
  • Geopolitical trade restrictions on advanced chipmaking technology affect Chinese market exposure
Piotroski VR-10 (Strict) 4.5
Net Income: 327.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.68 > 1.0
NWC/Revenue: 6.24% < 20% (prev 45.03%; Δ -38.79% < -1%)
CFO/TA 0.06 > 3% & CFO 557.0m > Net Income 327.0m
Net Debt (3.72b) to EBITDA (924.0m): 4.03 < 3
Current Ratio: 1.11 > 1.5 & < 3
Outstanding Shares: last quarter (71.1m) vs 12m ago 5.02% < -2%
Gross Margin: 43.61% > 18% (prev 0.48%; Δ 4.31k% > 0.5%)
Asset Turnover: 47.12% > 50% (prev 42.70%; Δ 4.42% > 0%)
Interest Coverage Ratio: 2.84 > 6 (EBITDA TTM 924.0m / Interest Expense TTM 204.0m)
Altman Z'' 1.06
A: 0.03 (Total Current Assets 2.54b - Total Current Liabilities 2.29b) / Total Assets 8.73b
B: 0.09 (Retained Earnings 778.0m / Total Assets 8.73b)
C: 0.07 (EBIT TTM 580.0m / Avg Total Assets 8.64b)
D: 0.12 (Book Value of Equity 707.0m / Total Liabilities 5.92b)
Altman-Z'' = 1.06 = BB
Beneish M -2.83
DSRI: 1.09 (Receivables 775.0m/639.0m, Revenue 4.07b/3.65b)
GMI: 1.09 (GM 43.61% / 47.52%)
AQI: 0.98 (AQ_t 0.59 / AQ_t-1 0.60)
SGI: 1.11 (Revenue 4.07b / 3.65b)
TATA: -0.03 (NI 327.0m - CFO 557.0m) / TA 8.73b)
Beneish M = -2.83 (Cap -4..+1) = A
What is the price of MKSI shares?

As of May 31, 2026, the stock is trading at USD 324.26 with a total of 1,200,418 shares traded.
Over the past week, the price has changed by +3.54%, over one month by +22.16%, over three months by +32.64% and over the past year by +281.44%.

Is MKSI a buy, sell or hold?

MKS Instruments has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy MKSI.

  • StrongBuy: 7
  • Buy: 4
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the MKSI price?
Analysts Target Price 359.1 10.7%
MKS Instruments (MKSI) - Fundamental Data Overview as of 30 May 2026
Market Cap USD = 22.2b (22.2b USD * 1.0 USD.USD)
P/E Trailing = 68.4781
P/E Forward = 10.3627
P/S = 5.4395
P/B = 7.8816
P/EG = 1.3236
Revenue TTM = 4.07b USD
EBIT TTM = 580.0m USD
EBITDA TTM = 924.0m USD
Long Term Debt = 2.65b USD (from longTermDebt, last quarter)
Short Term Debt = 1.40b USD (from shortTermDebt, last quarter)
Debt = 4.29b USD (corrected: LT Debt 2.65b + ST Debt 1.40b) + Leases 244.0m
Net Debt = 3.72b USD (calculated: Debt 4.29b - CCE 569.0m)
Enterprise Value = 25.9b USD (22.2b + Debt 4.29b - CCE 569.0m)
Interest Coverage Ratio = 2.84 (Ebit TTM 580.0m / Interest Expense TTM 204.0m)
EV/FCF = 64.53x (Enterprise Value 25.9b / FCF TTM 401.0m)
FCF Yield = 1.55% (FCF TTM 401.0m / Enterprise Value 25.9b)
FCF Margin = 9.85% (FCF TTM 401.0m / Revenue TTM 4.07b)
Net Margin = 8.03% (Net Income TTM 327.0m / Revenue TTM 4.07b)
Gross Margin = 43.61% ((Revenue TTM 4.07b - Cost of Revenue TTM 2.30b) / Revenue TTM)
Gross Margin QoQ = 41.19% (prev 40.46%)
Tobins Q-Ratio = 2.96 (Enterprise Value 25.9b / Total Assets 8.73b)
Interest Expense / Debt = 4.75% (Interest Expense 204.0m / Debt 4.29b)
Taxrate = 17.65% (18.0m / 102.0m)
NOPAT = 477.6m (EBIT 580.0m * (1 - 17.65%))
Current Ratio = 1.11 (Total Current Assets 2.54b / Total Current Liabilities 2.29b)
Debt / Equity = 1.53 (Debt 4.29b / totalStockholderEquity, last quarter 2.81b)
Debt / EBITDA = 4.03 (Net Debt 3.72b / EBITDA 924.0m)
Debt / FCF = 9.28 (Net Debt 3.72b / FCF TTM 401.0m)
Total Stockholder Equity = 2.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.78% (Net Income 327.0m / Total Assets 8.73b)
RoE = 12.24% (Net Income TTM 327.0m / Total Stockholder Equity 2.67b)
RoCE = 10.90% (EBIT 580.0m / Capital Employed (Equity 2.67b + L.T.Debt 2.65b))
RoIC = 6.57% (NOPAT 477.6m / Invested Capital 7.27b)
WACC = 14.04% (E(22.2b)/V(26.4b) * Re(16.0%) + D(4.29b)/V(26.4b) * Rd(4.75%) * (1-Tc(0.18)))
Discount Rate = 16.0% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 69.01 | Cagr: 2.61%
[DCF] Terminal Value 55.94% ; FCFF base≈421.0m ; Y1≈383.3m ; Y5≈333.8m
 [DCF] Fair Price = N/A (negative equity: EV 2.75b - Net Debt 3.72b = -974.3m; debt exceeds intrinsic value)
 EPS Correlation: 81.07 | EPS CAGR: 20.01% | SUE: 1.49 | # QB: 1
Revenue Correlation: 43.12 | Revenue CAGR: 2.05% | SUE: 2.67 | # QB: 1
EPS current Quarter (2026-06-30): EPS=2.95 | Chg30d=+24.31% | Revisions=+75% | Analysts=12
EPS next Quarter (2026-09-30): EPS=3.13 | Chg30d=+18.98% | Revisions=+73% | Analysts=12
EPS current Year (2026-12-31): EPS=11.65 | Chg30d=+17.14% | Revisions=+75% | GrowthEPS=+47.9% | GrowthRev=+22.0%
EPS next Year (2027-12-31): EPS=14.78 | Chg30d=+21.66% | Revisions=+73% | GrowthEPS=+26.9% | GrowthRev=+14.3%
[Analyst] Revisions Ratio: +75%