Obermatt

KLA

NSQ:KLAC · US4824801009
Semiconductors & Semiconductor EquipmentX-Large

360

51
EV / EBIT21
Price / Owner Earnings41
Owner Earnings Yield63
Dividend Yield93
Price/Sales19
EV / Gross Profit20
Price/Book3
Return on Capital92
Cash Return on Capital100
Return on Equity100
EBIT Margin95
Gross Profitability93
Cash Conversion34
Accruals22
Owner Earnings Margin98
Sales growth34
Profit Growth96
Long-Term EPS Growth44
Owner Earnings Growth59
Reinvestment50
Price momentum41
Debt load9
Refinancing19
Debt Payback14
Liquidity72
Analyst ratings34
Opinion Changes50
Price Target Upside9
Market mood61
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

KLA generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeX-Large
TypePublic Company
ExchangeNASDAQGS
Founded1975
Employees9,938
Websitekla.com
ISINUS4824801009
Last UpdateApr 2, 2026
Themes
Industrial AutomationSimulationDetectors, Sensors and MemsAutomotiveEnvironmental ConsultingInformation Technology

Description

KLA Corporation and its majority-owned subsidiaries (KLA) operate as a supplier of industry-leading equipment and services that enable innovation throughout the electronics industry. The company provides advanced process control and process-enabling…

Analysis

Quality compounder

KLA Corporation earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 67.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 23% a year, against analyst forecasts of 17%. The gap between price and consensus is worth watching: demanding expectations.

Growth is moderate; the safety picture is adequate. The company scores 16/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
12
2023202420252026

All-time high

34

Jan 2025

All-time low

12

Jun 2026

Average rank

24

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
19
1
6
20
Price/Earnings
36
47
51
65
Price/Book
3
1
1
13
Dividend Yield
93
90
97
93
Value (overall)
41
22
31
23

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →