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Photronics Inc

Technology US PLAB

23.61USD
-0.31(1.30%)

Last update at 2024-12-30T16:48:00Z

Day Range

23.2923.69
LowHigh

52 Week Range

18.0334.16
LowHigh

Fundamentals

  • Previous Close 23.92
  • Market Cap1728.92M
  • Volume139067
  • P/E Ratio12.69
  • Dividend Yield-%
  • EBITDA326.83M
  • Revenue TTM885.01M
  • Revenue Per Share TTM14.40
  • Gross Profit TTM 294.21M
  • Diluted EPS TTM2.15

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Income before tax 269.95M 239.03M 102.01M 61.60M 50.70M
Minority interest -74.14900M -60.45600M -23.36700M 6.52M 10.70M
Net income 125.48M 179.24M 78.82M 33.82M 40.49M
Selling general administrative 69.46M 63.99M 57.52M 53.58M 52.33M
Selling and marketing expenses - - - - -
Gross profit 336.16M 294.21M 167.04M 134.65M 120.84M
Reconciled depreciation 80.83M 80.33M 90.40M 93.81M 83.88M
Ebit 253.05M 211.87M 94.55M -29.88600M 52.12M
Ebitda 333.88M 292.20M 184.95M 63.93M 136.00M
Depreciation and amortization 80.83M 80.33M 90.40M 93.81M 83.88M
Non operating income net other - 29.02M 9.14M 0.04M 0.00500M
Operating income 253.05M 211.87M 94.55M -29.88600M 52.12M
Other operating expenses 639.03M 612.68M 569.21M 545.76M 498.54M
Interest expense - 1.86M 1.69M 2.37M 1.43M
Tax provision 70.31M 59.79M 23.19M 21.26M 10.21M
Interest income - 1.68M 1.17M 0.54M 0.00500M
Net interest income - -0.17700M -0.52000M -1.82600M -1.42000M
Extraordinary items - - - - -
Non recurring - 0.02M -3.52500M - -
Other items - - - - -
Income tax expense 70.31M 59.79M 23.19M 21.26M 10.21M
Total revenue 892.08M 824.55M 663.76M 609.69M 550.66M
Total operating expenses 83.11M 82.35M 72.49M 70.73M 68.72M
Cost of revenue 555.91M 530.34M 496.72M 475.04M 429.82M
Total other income expense net 16.90M 27.17M 7.45M 91.49M -1.42000M
Discontinued operations - - - - -
Net income from continuing ops 199.63M 179.24M 78.82M 40.34M 40.49M
Net income applicable to common shares - 118.79M 55.45M 33.82M 29.79M
Preferred stock and other adjustments - - - - -
Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Total assets 1526.22M 1315.83M 1294.20M 1188.18M 1118.66M
Intangible assets - - 0.77M 3.44M 7.87M
Earning assets - - - - -
Other current assets 28.35M 37.25M 44.25M 0.61M 49.63M
Total liab 250.61M 253.74M 293.64M 225.92M 207.57M
Total stockholder equity 975.01M 831.53M 823.69M 804.96M 769.89M
Deferred long term liab - - - - -
Other current liab 178.60M 85.33M 57.65M 43.68M 38.16M
Common stock - 0.61M 0.60M 0.63M 0.66M
Capital stock - 0.61M 0.60M 0.63M 0.66M
Retained earnings - 435.63M 317.85M 279.04M 253.92M
Other liab - 27.63M 28.05M 28.00M 13.73M
Good will - - - 3.44M 7.87M
Other assets - 27.30M 46.26M 53.13M 50.83M
Cash 499.29M 319.68M 276.67M 278.67M 206.53M
Cash and equivalents - - - - -
Total current liabilities 185.22M 193.80M 176.15M 142.94M 151.95M
Current deferred revenue - 18.87M 14.72M 8.02M 11.54M
Net debt -474.67300M -277.34600M -164.97600M -207.83200M -153.77000M
Short term debt 6.62M 10.02M 22.25M 15.85M 10.87M
Short long term debt 6.62M 10.02M 22.25M 13.68M 10.87M
Short long term debt total 24.62M 42.33M 111.69M 70.83M 52.76M
Other stockholder equity - 493.74M 484.67M 507.34M 524.32M
Property plant equipment - 643.87M 696.55M 631.48M 632.44M
Total current assets 785.45M 644.65M 550.62M 500.14M 438.77M
Long term investments - - - - -
Net tangible assets - 831.53M 822.92M 804.96M 769.89M
Short term investments 12.91M 38.82M - - -
Net receivables 194.93M 198.15M 174.45M 157.32M 134.45M
Long term debt 18.00M 32.31M 89.45M 54.98M 41.89M
Inventory 49.96M 50.75M 55.25M 57.27M 48.16M
Accounts payable - 79.57M 81.53M 75.38M 91.38M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 230.56M 176.87M 157.30M 141.20M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -98.45600M 20.57M 17.96M -9.00500M
Additional paid in capital - - - - -
Common stock total equity - 0.61M 0.60M 0.63M 0.66M
Preferred stock total equity - - - - -
Retained earnings total equity - 435.63M 317.85M 279.04M 253.92M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 31.53M 7.49M 46.26M 31.06M 50.83M
Deferred long term asset charges - - - - -
Non current assets total 740.77M 671.18M 743.59M 688.04M 679.89M
Capital lease obligations - 32.44M 40.65M 2.17M -
Long term debt total - - - - 41.89M
Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Investments -101.54500M -38.85400M -103.49400M -65.71100M -151.40600M
Change to liabilities - 60.57M 25.43M -3.49000M -11.96200M
Total cashflows from investing activities - -147.75700M -103.49400M -65.71100M -151.40600M
Net borrowings - -65.44000M 0.51M 12.95M -6.68600M
Total cash from financing activities -18.49300M -38.68900M -53.90300M -16.01000M -42.05900M
Change to operating activities - 9.31M -23.78800M 3.96M -8.63100M
Net income 199.63M 179.24M 78.82M 40.34M 40.49M
Change in cash 179.46M 42.73M -1.92200M 72.31M -122.69800M
Begin period cash flow 322.41M 279.68M 281.60M 209.29M 331.99M
End period cash flow 501.87M 322.41M 279.68M 281.60M 209.29M
Total cash from operating activities 302.18M 275.19M 150.77M 143.05M 71.84M
Issuance of capital stock - - - - -
Depreciation 80.83M 80.33M 90.40M 93.81M 83.88M
Other cashflows from investing activities - 3.44M 5.78M 5.10M 26.97M
Dividends paid - 5.75M 3.87M 16.15M 45.05M
Change to inventory 1.24M -2.03900M 2.99M -6.93800M -23.08800M
Change to account receivables 4.03M -51.23300M -36.62000M 6.99M -12.32100M
Sale purchase of stock 0.00000M -2.52200M -48.25000M -34.39400M -21.69600M
Other cashflows from financing activities -1.30200M 29.27M 14.70M 25.78M 40.96M
Change to netincome - 66.76M 28.71M 4.48M 0.02M
Capital expenditures 131.29M 112.34M 109.27M 70.97M 177.19M
Change receivables - -51.23300M -36.62000M 6.99M -12.32100M
Cash flows other operating - 1.20M -13.47200M 7.85M -8.63100M
Exchange rate changes - - - - -
Cash and cash equivalents changes - 88.74M -6.62500M 61.33M -125.07900M
Change in working capital 13.71M 9.31M -23.78800M 4.41M -56.21000M
Stock based compensation 8.00M 6.31M 5.35M 4.93M 3.68M
Other non cash items 0.93M -0.80900M 2.11M 6.52M 3.66M
Free cash flow 170.88M 162.85M 41.50M 72.07M -105.35100M

Peer Comparison

Sector: Technology Industry: Semiconductor Equipment & Materials

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
PLAB
Photronics Inc
-0.31 1.30% 23.61 12.69 - 1.95 1.71 1.39 3.43
ASML
ASML Holding NV ADR
-15.77 2.21% 697.82 49.01 44.05 13.98 26.27 13.85 38.25
ASMLF
ASML Holding NV
2.90 0.41% 707.00 35.84 34.36 10.90 22.09 10.98 30.93
AMAT
Applied Materials Inc
-3.56 2.13% 163.27 19.53 17.73 5.16 7.46 5.10 15.75
LRCX
Lam Research Corp
-1.73 2.36% 71.67 35.59 26.25 8.76 15.26 8.72 27.97

Reports Covered

Stock Research & News

Profile

Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company offers electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.

Photronics Inc

15 Secor Road, Brookfield, CT, United States, 06804

Key Executives

Name Title Year Born
Dr. KangJyh Lee Ph.D. CEO & Director 1953
Mr. John P. Jordan Exec. VP & CFO 1946
Dr. Christopher J. Progler Ph.D. Exec. VP of Strategic Planning & CTO 1964
Ms. Richelle E. Burr Esq. Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. 1964
Eric Rivera VP, Corp. Controller, Principal Accounting Officer NA
Ms. Debbie Wierzbicki Sr. VP of US/EU Mainstream Operations & Global Production Control NA
Dr. Christopher J. Progler Ph.D. Executive VP of Strategic Planning & CTO 1964
Ms. Richelle E. Burr Esq. Executive VP, Chief Administrative Officer, General Counsel & Secretary 1964
Mr. H. K. Park Senior VP & GM of FPD Operations 1969
Mr. Eric Rivera Interim CFO, VP, Corporate Controller & Principal Accounting Officer NA

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