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KLA-Tencor Corp Stock Research

KLAC

461.19USD+26.94(+6.20%)Market Closed

Market Summary

USD461.19+26.94
Market Closed
6.20%

KLAC Alerts

KLAC Stock Price

KLAC RSI Chart

KLAC Valuation

Market Cap

63.6B

Price/Earnings (Trailing)

18.12

Price/Sales (Trailing)

5.98

EV/EBITDA

14.63

Price/Free Cashflow

19.91

KLAC Price/Sales (Trailing)

KLAC Profitability

Operating Margin

60.69%

EBT Margin

38.24%

Return on Equity

136.01%

Return on Assets

25.79%

Free Cashflow Yield

5.02%

KLAC Fundamentals

KLAC Revenue

Revenue (TTM)

10.6B

Revenue Y/Y

6.29%

Revenue Q/Q

-18.48%

KLAC Earnings

Earnings (TTM)

3.5B

Earnings Y/Y

-4.48%

Earnings Q/Q

-28.7%

Price Action

52 Week Range

249.34465.00
(Low)(High)

Last 7 days

8.9%

Last 30 days

29.1%

Last 90 days

21.4%

Trailing 12 Months

31.5%

KLAC Financial Health

Current Ratio

2.34

Debt/Equity

2.35

Debt/Cashflow

0.55

KLAC Investor Care

Dividend Yield

1.13%

Dividend/Share (TTM)

5.2

Buy Backs (1Y)

8.18%

Diluted EPS (TTM)

24.52

Peers (Alternatives to KLA-Tencor)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
960.4B
27.0B
44.48% 118.34%
219.87
35.6
0.22% -55.21%
120.5B
56.4B
-0.17% -30.89%
-42.17
2.14
-27.40% -111.60%
84.6B
18.9B
26.31% 23.79%
17.21
4.49
12.67% 8.29%
63.6B
10.6B
29.05% 31.45%
18.12
5.98
22.85% 11.39%
21.6B
2.8B
1.13% 196.37%
517.51
7.7
12.61% -80.70%
16.2B
3.2B
11.12% -0.93%
22.58
5.12
-14.79% -29.48%
MID-CAP
6.6B
3.5B
23.42% -16.32%
19.9
1.87
20.25% -39.61%
5.3B
963.0M
38.43% 40.30%
26.71
5.52
11.85% 16.03%
5.3B
970.4M
36.40% 168.45%
28.77
5.43
32.35% 85.58%
SMALL-CAP
1.9B
794.4M
16.30% 30.48%
20.88
2.39
-7.57% -43.60%
927.8M
63.0M
37.07% 320.00%
65.15
14.73
64.97% 237.20%
400.4M
-
0.37% 23.85%
24.74
3.94
- -
235.1M
124.7M
6.20% 193.44%
21.97
1.89
39.46% 49.71%

Financials for KLA-Tencor

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue1.4%10,62810,4849,8529,2128,651
Cost Of Revenue2.7%4,2344,1213,8203,5923,386
  S&GA Expenses2.3%972950921860815
  R&D Expenses3.5%1,2761,2331,1661,1051,050
EBITDA6.2%4,6404,3704,0133,752-
EBITDA Margin-0.2%0.44*0.44*0.44*0.43*-
Earnings Before Taxes-1.1%3,9634,0093,7933,4893,248
EBT Margin-0.7%0.38*0.38*0.38*0.38*-
Interest Expenses14.9%268233196160156
Net Income-0.9%3,5083,5413,2793,3223,149
Net Income Margin1.5%0.34*0.33*0.36*0.36*-
Free Cahsflow-4.8%2,9863,1383,0052,670-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-0.3%13,68413,72913,12412,59712,018
  Current Assets-1.4%8,0198,1337,6447,1696,583
    Cash Equivalents-0.2%1,5691,5711,8191,5851,415
  Inventory8.5%2,7502,5352,4082,1471,982
  Net PPE2.0%984965913850809
  Goodwill0.0%2,2792,2792,2792,3202,314
Liabilities-1.1%11,00111,12611,02211,1987,939
  Current Liabilities-1.8%3,4193,4833,1392,8712,829
.    Short Term BorrowingsNaN%-----
  Long Term Debt-3.7%5,8906,1146,3136,6613,700
Shareholder's Equity3.1%2,6832,6032,1021,4014,079
  Retained Earnings7.7%7216701,1193671,973
  Additional Paid-In Capital-1,062----
Accumulated Depreciation3.3%1,0741,040891905871
Shares Outstanding-2.4%138141142142150
Minority InterestNaN%----2.26-1.68
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations5.8%3,5303,3383,4603,3132,959
  Share Based Compensation7.5%158147137127118
Cashflow From Investing51.3%-433-889-754-876-944
Cashflow From Financing-16.6%-2,922-2,506-2,353-2,257-2,046
  Dividend Payments3.2%711689664639620
  Buy Backs-2.4%3,4973,5833,6583,9681,694

Risks for KLAC

What is the probability of a big loss on KLAC?

62.3%


Probability that KLA-Tencor stock will be more than 20% underwater in next one year

36.5%


Probability that KLA-Tencor stock will be more than 30% underwater in next one year.

5%


Probability that KLA-Tencor stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does KLAC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if KLA-Tencor was unfortunately bought at previous high price.

Drawdowns

Returns for KLAC

Cumulative Returns on KLAC

29.1%


10-Year Cumulative Returns

32.6%


7-Year Cumulative Returns

34.3%


5-Year Cumulative Returns

39.2%


3-Year Cumulative Returns

What are the long-term rolling returns for KLAC?

FIve years rolling returns for KLA-Tencor.

Annualized Returns

Which funds bought or sold KLAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-26
ProShare Advisors LLC
added
7.72
7,889,100
64,042,400
0.20%
2023-05-26
CYPRESS ASSET MANAGEMENT INC/TX
reduced
-0.56
35,816
713,716
0.25%
2023-05-25
Empower Advisory Group, LLC
new
-
612,849
612,849
-%
2023-05-25
Brandywine Global Investment Management, LLC
added
167
95,141,200
147,188,000
0.59%
2023-05-25
Legato Capital Management LLC
unchanged
-
212,766
3,836,020
0.70%
2023-05-24
Old North State Trust, LLC
unchanged
-
7,000
130,000
0.09%
2023-05-23
Brookfield Corp /ON/
new
-
249,880
249,880
-%
2023-05-23
Toroso Investments, LLC
added
177
3,416,000
5,178,000
0.09%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
3,685,000
0.16%
2023-05-22
Raleigh Capital Management Inc.
new
-
4,790
4,790
-%

1–10 of 43

Latest Funds Activity

Are funds buying KLAC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own KLAC
No. of Funds

KLA-Tencor News

TheStreet
Here's What You Can Buy After Nvidia's Blow-Out Quarter.
TheStreet,
3 days ago
InvestorPlace
Seeking Alpha
The Motley Fool
Capital.com
The Motley Fool
PR Newswire
KLA Declares Regular Cash Dividend.
PR Newswire,
19 months ago

Schedule 13G FIlings of KLA-Tencor

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
4.6%
6,485,291
SC 13G/A
Feb 09, 2023
vanguard group inc
9.35%
13,243,687
SC 13G/A
Jan 30, 2023
blackrock inc.
7.8%
11,080,837
SC 13G
Feb 11, 2022
capital international investors
5.2%
7,934,340
SC 13G/A
Feb 10, 2022
vanguard group inc
8.91%
13,509,990
SC 13G/A
Feb 10, 2022
primecap management co/ca/
4.99%
7,518,824
SC 13G/A
Feb 08, 2022
primecap management co/ca/
5.12%
7,764,174
SC 13G/A
Feb 01, 2022
blackrock inc.
7.5%
11,324,684
SC 13G/A
Feb 16, 2021
capital international investors
5.8%
8,922,502
SC 13G
Feb 12, 2021
primecap management co/ca/
6.06%
9,364,319
SC 13G/A

KLAC Fair Value

KLA-Tencor fair value in different scenarios

The table shows the Fair Value estimates for KLA-Tencor for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

573.97

24.45%

744.02

61.33%

1071.49

132.33%

1553.83

236.92%

1964.32

325.92%
Current Inflation

522.29

13.25%

667.21

44.67%

942.42

104.35%

1347.06

192.08%

1690.38

266.53%
Very High Inflation

458.81

-0.52%

574.67

24.61%

790.57

71.42%

1107.81

140.21%

1375.96

198.35%

Historical KLA-Tencor Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of KLA-Tencor

View All Filings
Date Filed Form Type Document
May 23, 2023
SD
SD
May 19, 2023
4
Insider Trading
May 18, 2023
144
Notice of Insider Sale Intent
May 18, 2023
4
Insider Trading
May 16, 2023
144
Notice of Insider Sale Intent
May 09, 2023
4
Insider Trading
May 05, 2023
144
Notice of Insider Sale Intent
May 05, 2023
4
Insider Trading
May 05, 2023
8-K
Current Report
May 04, 2023
4
Insider Trading

Latest Insider Trading transactions for KLAC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-18
Lorig Brian
sold
-733,975
425
-1,727
executive vice president
2023-05-16
Khan Ahmad A.
sold
-775,575
405
-1,915
president, semi proc. control
2023-05-05
WALLACE RICHARD P
sold
-1,759,570
384
-4,582
president and ceo
2023-05-03
WALLACE RICHARD P
sold
-4,938,210
382
-12,919
president and ceo
2023-05-02
WALLACE RICHARD P
sold
-6,675,480
381
-17,499
president and ceo
2023-04-11
WALLACE RICHARD P
sold (taxes)
-7,764,920
377
-20,547
president and ceo
2023-04-03
Lorig Brian
sold
-691,200
400
-1,728
executive vice president
2023-03-31
Donzella Oreste
sold
-1,528,460
393
-3,882
executive vice president
2023-03-22
Higgins Bren D.
sold
-2,663,240
382
-6,964
evp & chief financial officer
2023-03-21
Khan Ahmad A.
sold
-756,425
395
-1,915
president, semi proc. control

1–10 of 50

Richard P. Wallace
11300
KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process. It also provides reticle manufacturing products, such as reticle inspection, metrology, and data analytics systems for mask shops; and packaging manufacturing products comprising wafer inspection and metrology, die sorting and inspection, IC component inspection and metrology, data analytics, wafer processing systems, and IC substrate production processes. In addition, the company offers compound semiconductor, power device, light emitting diode, and microelectromechanical system manufacturing products; data storage media/head manufacturing products; general purpose/lab applications; and previous-generation KLA systems. Further, it provides wafer processing solutions; printed circuit boards, and display and inspection components; and other services. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.

KLAC Income Statement

2023-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Revenues$ 2,432,608$ 2,288,676$ 8,140,919$ 6,725,144
Costs and expenses:    
Costs of revenues1,005,346892,0913,255,3582,613,877
Research and development328,276285,189979,617808,373
Selling, general and administrative238,393216,489735,469623,229
Interest expense74,77439,978223,449116,142
Loss on extinguishment of debt0013,2860
Other expense (income), net(14,864)8,644(79,944)23,985
Income before income taxes800,683846,2853,013,6842,539,538
Provision for income taxes102,846115,625310,98722,876
Net income697,837730,6602,702,6972,516,662
Less: Net income attributable to non-controlling interest08874229
Net income attributable to KLA$ 697,837$ 730,572$ 2,702,623$ 2,516,433
Net income per share attributable to KLA    
Basic (in dollars per share)$ 5.06$ 4.87$ 19.26$ 16.64
Diluted (in dollars per share)$ 5.03$ 4.83$ 19.16$ 16.52
Weighted-average number of shares:    
Basic (in shares)137,865150,145140,349151,250
Diluted (in shares)138,645151,186141,073152,346
Product    
Revenues:    
Revenues$ 1,903,484$ 1,800,659$ 6,562,501$ 5,326,316
Service    
Revenues:    
Revenues$ 529,124$ 488,017$ 1,578,418$ 1,398,828

KLAC Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 1,568,513$ 1,584,908
Marketable securities1,321,6961,123,100
Accounts receivable, net1,940,0671,811,877
Inventories2,749,7432,146,889
Other current assets438,731502,137
Total current assets8,018,7507,168,911
Land, property and equipment, net984,271849,929
Goodwill2,278,8172,320,049
Deferred income taxes783,843579,173
Purchased intangible assets, net999,9581,194,414
Other non-current assets617,910484,612
Total assets13,683,54912,597,088
Current liabilities:  
Accounts payable410,885443,338
Deferred system revenue533,791500,969
Deferred service revenue364,394381,737
Other current liabilities2,109,4511,545,039
Total current liabilities3,418,5212,871,083
Long-term debt5,889,7406,660,718
Deferred tax liabilities514,269658,937
Deferred service revenue176,260124,618
Other non-current liabilities1,001,978882,642
Total liabilities11,000,76811,197,998
Commitments and contingencies
Stockholders’ equity:  
Common stock and capital in excess of par value1,996,7731,061,940
Retained earnings721,299366,882
Accumulated other comprehensive loss(35,291)(27,471)
Total KLA stockholders’ equity2,682,7811,401,351
Non-controlling interest in consolidated subsidiaries0(2,261)
Total stockholders’ equity2,682,7811,399,090
Total liabilities and stockholders’ equity$ 13,683,549$ 12,597,088