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PLABPhotronics, Inc.
$27.36$1.6B
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 · Semiconductor Equipment & Materials
$27.36
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.61B
P/E9.7x
52W High$56.00
Volume1.12M
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.

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

-73% Peers

P/E is 73% below peer median

03

Market leadership

RS 35 · Lag

Laggard (Underperforming 65% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Dec 9

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
PLAB-18.11%
S&P 500 (^GSPC)+7.63%
1-Year Return
PLAB+20.63%
S&P 500 (^GSPC)+9.69%
3-Year Return
PLAB+38.04%
S&P 500 (^GSPC)+79.99%
5-Year Return
PLAB+94.73%
S&P 500 (^GSPC)+68.59%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
9.7x
Forward P/E
13.6x
EV/EBITDA100th %ile
4.1x
FCF YieldCash Flow
6.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
9.7x
10.5x
40th· Fair
EV/EBITDA
4.1x
2.8x
100th· High
Price/FCF
14.6x
10.9x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$29.24+6.9%
Base (Fair)$41.46+51.5%
Bull$52.47+91.8%
$29.24 Bear$41.46 Base$52.47 Bull
Current Market Price: $27.36
Trades at a 34.0% discount to Base DCF ($41.46)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$849M-2.0% YoY
Net income FY25
$136M+4.4% YoY
Free cash flow FY25
$60M-54.3% YoY
Operating margin FY25
24.5%-1.0 pts YoY
ROIC (FY25)15.5%
Avg ROIC 5Y17.4%
ROE (TTM)9.9%
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

4 Stories
Defense World·Oct 22, 2026
Comparing Aeluma (NASDAQ:ALMU) & Photronics (NASDAQ:PLAB)

Aeluma (NASDAQ: ALMU - Get Free Report) and Photronics (NASDAQ: PLAB - Get Free Report) are both small-cap technology companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, risk, valuation, profitability, earnings, institutional ownership and dividends. Institutional and Insider Ownership 88.4% of Photronics shares are

Defense World·Oct 2, 2026
Photronics (NASDAQ:PLAB) Director Kang Jyh Lee Sells 10,000 Shares of Company Stock

Photronics, Inc. (NASDAQ: PLAB - Get Free Report) Director Kang Lee sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $30.75, for a total transaction of $307,500.00. Following the transaction, the director owned 337,350 shares of the company's stock, valued

GlobeNewsWire·Sep 30, 2026
Photronics to Participate in 18th Annual CEO Investor Summit

BROOKFIELD, Conn., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in photomask technologies and solutions, today announced it will participate in the 18th Annual CEO Investor Summit being held Tuesday, October 13th at the St. Regis Hotel in San Francisco, California.

Defense World·Sep 18, 2026
Engineers Gate Manager LP Invests $1.29 Million in Photronics, Inc. $PLAB

Engineers Gate Manager LP acquired a new stake in shares of Photronics, Inc. (NASDAQ: PLAB) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 39,600 shares of the semiconductor company's stock, valued at approximately $1,288,000. Engineers Gate Manager LP

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
$27.36$1.61B9.73-2.04%19.04%9.88%—
ONTO logoONTOOnto Innovation Inc.
$173.28$8.62B64.921.82%11.84%6.5%—
MKSI logoMKSIMKS Inc.
$192.27$12.99B23.169.62%12.62%20.4%0.45%
COHU logoCOHUCohu, Inc.
$38.49$1.82B-92.6612.74%-3.97%-2.9%—
ACLS logoACLSAxcelis Technologies, Inc.
$99.24$3.05B29.52-17.57%11.75%9.82%—
UCTT logoUCTTUltra Clean Holdings, Inc.
$41.13$1.84B71.43-2.08%1.09%3.53%0.01%

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 over the trailing twelve months. Revenue was $849.3M in fiscal year 2025. That is 430% more than the $160.1M of fiscal year 1996.

How fast is Photronics, Inc. growing?

Photronics, Inc. (PLAB) grew revenue by 1.2% over the trailing twelve months, compared with the twelve months before.

Is PLAB profitable?

Yes. Photronics, Inc. (PLAB) earned $165.1M in net income over the trailing twelve months (a 19.0% net margin).

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

Photronics, Inc. (PLAB) had a return on equity (ROE) of 9.9% over the trailing twelve months. That is below the market's typical 10-15%.

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

Photronics, Inc. (PLAB) generated $110.4M in free cash flow over the trailing twelve months.

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

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

See returns →