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PLABPhotronics, Inc.
$30.42$1.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
PLAB logo

Photronics, Inc.

PLAB
NASDAQ · Semiconductors
$30.42
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$1.79B
P/E13.3x
52W High$56.00
Volume985.07K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Zero Debt Fortress Faces Margin Compression and Growth Deceleration

Photronics presents a compelling balance sheet story with a debt-to-equity ratio of 0.00% and $549.5M in cash, providing significant strategic optionality and downside protection. However, the investment thesis is tempered by decelerating revenue growth, which...

GrowthDecelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

PLAB price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-77% Peers

P/E is 77% below peer median

03

Market leadership

RS 28 · Lag

Laggard (Underperforming 72% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 26

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
PLAB-8.95%
S&P 500 (^GSPC)+13.20%
1-Year Return
PLAB+21.39%
S&P 500 (^GSPC)+15.98%
3-Year Return
PLAB+57.37%
S&P 500 (^GSPC)+84.76%
5-Year Return
PLAB+117.60%
S&P 500 (^GSPC)+80.66%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
13.3x
Forward P/E
15.1x
EV/EBITDA100th %ile
4.6x
FCF YieldCash Flow
3.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
13.3x
10.5x
80th· High
EV/EBITDA
4.6x
2.8x
100th· High
Price/FCF
30.1x
10.9x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$28.15-7.5%
Base (Fair)$41.49+42.5%
Bull$49.32+62.1%
$28.15 Bear$41.49 Base$49.32 Bull
Current Market Price: $30.42
Trades at a 26.7% discount to Base DCF ($41.49)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$849M-2.0% YoY
Net income
$136M+4.4% YoY
Free cash flow
$60M-54.3% YoY
Operating margin
24.5%-1.0 pts YoY
ROIC (TTM)15.5%
Avg ROIC 5Y-
ROE (TTM)8.9%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 26, 2026
$0.50+24.0%
vs $0.40
$216M+3.5%
vs $209M
Q2 2026
May 28, 2026
$0.42-20.8%
vs $0.53
$210M-3.0%
vs $216M
Q1 2026
Feb 25, 2026
$0.61+13.0%
vs $0.54
$225M+2.0%
vs $221M
Q4 2025
Dec 10, 2025
$0.60+32.4%
vs $0.45
$216M+5.2%
vs $205M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Newsfile Corp·Sep 4, 2026
Kaplan Fox Encourages Photronics, Inc. (PLAB) Investors Who Suffered Losses to Seek a Leadership Role Before September 4, 2026

New York, New York--(Newsfile Corp. - September 4, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Photronics, Inc. ("Photronics" or the "Company") (NASDAQ: PLAB) on behalf of investors that purchased or otherwise acquired Photronics securities between December 10, 2025 and May 27, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in Photronics and have suffered losses, you may CLICK HERE to contact us.

GlobeNewsWire·Aug 14, 2026
Kaplan Fox Advises Photronics, Inc. (NASDAQ: PLAB) Investors to Act Before the Lead Plaintiff Deadline on September 4, 2026

NEW YORK, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Photronics, Inc. (“Photronics” or the “Company”) (NASDAQ: PLAB) on behalf of investors that purchased or otherwise acquired Photronics securities between December 10, 2025 and May 27, 2026 (the “Class Period”). CLICK HERE TO JOIN THE CASE If you are an investor in Photronics and have suffered losses, you may CLICK HERE to contact us.

Newsfile Corp·Aug 14, 2026
Kaplan Fox Urges Photronics, Inc. (PLAB) Investors Seeking Recovery to Contact the Firm Before September 4, 2026

New York, New York--(Newsfile Corp. - August 14, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Photronics, Inc. ("Photronics" or the "Company") (NASDAQ: PLAB) on behalf of investors that purchased or otherwise acquired Photronics securities between December 10, 2025 and May 27, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in Photronics and have suffered losses, you may CLICK HERE to contact us.

Newsfile Corp·Jul 30, 2026
Kaplan Fox Reminds Photronics, Inc. (PLAB) Investors Seeking Recovery of the Lead Plaintiff Deadline on September 4, 2026

New York, New York--(Newsfile Corp. - July 30, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Photronics, Inc. ("Photronics" or the "Company") (NASDAQ: PLAB) on behalf of investors that purchased or otherwise acquired Photronics securities between December 10, 2025 and May 27, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in Photronics and have suffered losses, you may CLICK HERE to contact us.

Filtered for Photronics, Inc.More Headlines
04

Compare before deciding

Benchmark PLAB against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Photronics, Inc. (PLAB)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PLAB logoPLABPhotronics, Inc.Current
$30.42$1.79B13.34-2.04%16.06%8.86%—
ONTO logoONTOOnto Innovation Inc.
$283.81$14.12B102.091.82%11.84%6.5%—
MKSI logoMKSIMKS Inc.
$260.37$17.59B59.589.62%10.12%15.83%—
COHU logoCOHUCohu, Inc.
$64.54$3.04B-40.5912.74%-7.43%-4.91%—
ACLS logoACLSAxcelis Technologies, Inc.
$115.74$3.56B30.46-17.57%10.71%8.91%—
UCTT logoUCTTUltra Clean Holdings, Inc.
$76.55$3.43B-19.14-2.08%-1.07%-3.14%—

Compare PLAB vs Peers

Photronics, Inc. (PLAB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ONTO

Most directly comparable listed peer for PLAB.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare PLAB against a more recognizable public peer.

Peer Set

Compare Top 5

vs ONTO, MKSI, COHU, ACLS

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

PLAB SEC Filings & Documents

Photronics, Inc. (PLAB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 26, 2026·SEC

Material company update

May 28, 2026·SEC

Material company update

Apr 9, 2026·SEC

10-K Annual Reports

3
FY 2025

Dec 17, 2025·SEC

FY 2024

Dec 19, 2024·SEC

FY 2023

Dec 26, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

Sep 10, 2026·SEC

FY 2026

Mar 11, 2026·SEC

FY 2025

Sep 9, 2025·SEC

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PLAB Frequently Asked Questions

Photronics, Inc. (PLAB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Photronics, Inc.'s revenue?

Photronics, Inc. (PLAB) reported $866.8M in revenue for fiscal year 2025. This represents a 441% increase from $160.1M in 1996.

How fast is Photronics, Inc. growing?

Photronics, Inc. (PLAB) saw revenue decline by 2.0% over the past year.

Is PLAB profitable?

Yes, Photronics, Inc. (PLAB) is profitable, generating $165.1M in net income for fiscal year 2025 (16.1% net margin).

Dividend & Returns
What is PLAB's return on equity?

Photronics, Inc. (PLAB) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.

What is Photronics, Inc.'s free cash flow?

Photronics, Inc. (PLAB) generated $110.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in PLAB back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →