Photronics Statistics
Total Valuation
Photronics has a market cap or net worth of $1.65 billion. The enterprise value is $1.15 billion.
| Market Cap | 1.65B |
| Enterprise Value | 1.15B |
Important Dates
The next estimated earnings date is Wednesday, May 22, 2024, before market open.
| Earnings Date | May 22, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Photronics has 63.35 million shares outstanding. The number of shares has increased by 1.32% in one year.
| Shares Outstanding | 63.35M |
| Shares Change (YoY) | +1.32% |
| Shares Change (QoQ) | +0.34% |
| Owned by Insiders (%) | 3.45% |
| Owned by Institutions (%) | 90.94% |
| Float | 61.10M |
Valuation Ratios
The trailing PE ratio is 11.70 and the forward PE ratio is 11.53. Photronics's PEG ratio is 4.27.
| PE Ratio | 11.70 |
| Forward PE | 11.53 |
| PS Ratio | 1.84 |
| Forward PS | 1.73 |
| PB Ratio | 1.62 |
| P/FCF Ratio | 9.58 |
| PEG Ratio | 4.27 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 3.94, with an EV/FCF ratio of 6.69.
| EV / Earnings | 8.39 |
| EV / Sales | 1.29 |
| EV / EBITDA | 3.94 |
| EV / EBIT | 5.49 |
| EV / FCF | 6.69 |
Financial Position
The company has a current ratio of 4.36, with a Debt / Equity ratio of 0.02.
| Current Ratio | 4.36 |
| Quick Ratio | 3.91 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.08 |
| Debt / FCF | 0.14 |
| Interest Coverage | 458.67 |
Financial Efficiency
Return on equity (ROE) is 14.20% and return on invested capital (ROIC) is 15.95%.
| Return on Equity (ROE) | 14.20% |
| Return on Assets (ROA) | 9.10% |
| Return on Capital (ROIC) | 15.95% |
| Revenue Per Employee | $476,031 |
| Profits Per Employee | $73,039 |
| Employee Count | 1,885 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 10.78 |
Taxes
In the past 12 months, Photronics has paid $72.39 million in taxes.
| Income Tax | 72.39M |
| Effective Tax Rate | 34.46% |
Stock Price Statistics
The stock price has increased by +70.52% in the last 52 weeks. The beta is 1.41, so Photronics's price volatility has been higher than the market average.
| Beta (1Y) | 1.41 |
| 52-Week Price Change | +70.52% |
| 50-Day Moving Average | 29.03 |
| 200-Day Moving Average | 25.26 |
| Relative Strength Index (RSI) | 36.64 |
| Average Volume (30 Days) | 578,808 |
Short Selling Information
The latest short interest is 2.18 million, so 3.44% of the outstanding shares have been sold short.
| Short Interest | 2.18M |
| Short Previous Month | 2.36M |
| Short % of Shares Out | 3.44% |
| Short % of Float | 3.57% |
| Short Ratio (days to cover) | 3.94 |
Income Statement
In the last 12 months, Photronics had revenue of $897.32 million and earned $137.68 million in profits. Earnings per share was $2.23.
| Revenue | 897.32M |
| Gross Profit | 339.34M |
| Operating Income | 254.58M |
| Pretax Income | 210.07M |
| Net Income | 137.68M |
| EBITDA | 292.96M |
| EBIT | 210.53M |
| Earnings Per Share (EPS) | $2.23 |
Balance Sheet
The company has $521.51 million in cash and $23.43 million in debt, giving a net cash position of $498.09 million or $7.86 per share.
| Cash & Cash Equivalents | 521.51M |
| Total Debt | 23.43M |
| Net Cash | 498.09M |
| Net Cash Per Share | $7.86 |
| Equity / Book Value | 1.02B |
| Book Value Per Share | 16.15 |
| Working Capital | 622.39M |
Cash Flow
In the last 12 months, operating cash flow was $316.00 million and capital expenditures -$143.51 million, giving a free cash flow of $172.49 million.
| Operating Cash Flow | 316.00M |
| Capital Expenditures | -143.51M |
| Free Cash Flow | 172.49M |
| FCF Per Share | $2.81 |
Margins
Gross margin is 37.82%, with operating and profit margins of 28.37% and 15.34%.
| Gross Margin | 37.82% |
| Operating Margin | 28.37% |
| Pretax Margin | 23.41% |
| Profit Margin | 15.34% |
| EBITDA Margin | 32.65% |
| EBIT Margin | 23.46% |
| FCF Margin | 19.22% |
Dividends & Yields
Photronics does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.32% |
| Shareholder Yield | -1.32% |
| Earnings Yield | 8.33% |
| FCF Yield | 10.44% |
Analyst Forecast
The average price target for Photronics is $21.00, which is -19.51% lower than the current price. The consensus rating is "Hold".
| Price Target | $21.00 |
| Price Target Difference | -19.51% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on December 2, 1997. It was a forward split with a ratio of 2:1.
| Last Split Date | Dec 2, 1997 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Photronics has an Altman Z-Score of 6.2 and a Piotroski F-Score of 7.
| Altman Z-Score | 6.2 |
| Piotroski F-Score | 7 |