With a market capitalization of $29,623,178,154, Kla Corp has a greater market value than 93.59% of US stocks.
KLAC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 603.83 -- higher than 94.1% of US-listed equities with positive expected earnings growth.
Kla Corp's stock had its IPO on March 26, 1990, making it an older stock than 84.72% of US equities in our set.
If you're looking for stocks that are quantitatively similar to Kla Corp, a group of peers worth examining would be GLW, ADI, BIIB, GRMN, and NXPI.
KLAC's SEC filings can be seen here. And to visit Kla Corp's official web site, go to www.kla.com.
KLA Tencor Corporation designs, manufactures, and markets process control and yield management solutions worldwide. The company was founded in 1975 and is based in Milpitas, California.
KLAC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Kla Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Kla Corp ranked in the 51th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 35% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Kla Corp, consider:
As a business, KLAC is generating more cash flow than 87.29% of positive cash flow stocks in the Technology.
The business' balance sheet reveals debt to be 10% of the company's capital (with equity being the remaining amount). Approximately only 23.62% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
KLAC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 35.79% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Kla Corp? See CCIHY, IMXI, PLXS, FLT, and PCYG.
KLA ([[KLAC]] +1.7%) and Lam Research ([[LRCX]] +1.1%) tops Citi analyst Atif Malik's semiconductor equipment and specialty semiconductor stock rankings.Take a look at KLA's sector-relative growth here.Marvel ([[MRVL]] +0.3%) ranked third on multiple expansion potential from 5G and cloud data center growth, while KLAC and LRCX were picked on front-end 5G...
MILPITAS, Calif., Sept. 21, 2020 /PRNewswire/ -- Today, KLA Corporation (NASDAQ: KLAC) announced the launch of the Kronos™ 1190 wafer-level packaging inspection system, the ICOS™ F160XP die sorting and inspection system and the next generation of the ICOS™ T3/T7 Series of packaged…
MILPITAS, Calif., Sept. 21, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced the appointment of MaryBeth Wilkinson as executive vice president, chief legal officer and corporate secretary. Based in KLA's second headquarters in Ann Arbor, Michigan, Wilkinson will lead…
KLA Corporation (KLAC) (formally known as KLA-Tencor) is an important part of the global semiconductor manufacturing market. The company provides process control and yield management solutions for semiconductor manufacturers. KLA's offerings include inspection, metrology, computational lithography, situ process monitoring, data analytics, and related services. There are multiple growing technologies that...
David Zanoni on Seeking Alpha | September 16, 2020
MILPITAS, Calif., Aug. 6, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) announced today that its board of directors has declared a quarterly cash dividend of $0.90 per share on its common stock, payable on Sept. 1, 2020 to KLA shareholders of record as of the close of business on…