Kulicke and Soffa Industries, Inc. (KLIC) Company Bio
Kulicke & Soffa designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices, including integrated circuits, discrete devices, light-emitting diodes, and power modules. It operates in two segments, Equipment and Expendable Tools. The company was founded in 1951 and is based in Singapore.
KLIC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Kulicke & Soffa Industries Inc. To summarize, we found that Kulicke & Soffa Industries Inc ranked in the 8th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for KLIC, they are:
The company's compound free cash flow growth rate over the past 5.5 years comes in at -0.14%; that's greater than merely 11.69% of US stocks we're applying DCF forecasting to.
The business' balance sheet reveals debt to be 1% of the company's capital (with equity being the remaining amount). Approximately merely 6.69% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 0% of stocks in its sector (Technology).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CNDT, INTZ, SATS, CLRO, and ITRI can be thought of as valuation peers to KLIC, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Kulicke and Soffa Industries ([[KLIC]] -2.5%) received 1.5K orders for its market leading RAPID Series interconnect system.The RAPID architecture provides advanced process capabilities, real-time monitoring and diagnostics to ensure quality and efficient assembly serving high-performance and high-reliability semiconductor applications."Our dominant wire and wedge bonding leadership, together with expanding product lines for advanced...
It is now my pleasure to turn the call over to Joe Elgindy, Senior Director, Investor Relations and Strategic Initiatives. Welcome everyone to Kulicke & Soffa's third quarter fiscal 2020 conference call. Joining us on the call today are Fusen Chen, President and Chief Executive Officer and Lester Wong, Chief Financial Officer.