KLA Competitors
| KLAC Stock | USD 1,524 22.37 1.45% |
KLA Tencor vs Analog Devices Correlation
Very poor diversification
The correlation between KLA Tencor and ADI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KLA Tencor and ADI in the same portfolio, assuming nothing else is changed.
Moving together with KLA Stock
Moving against KLA Stock
| 0.75 | DQ | Daqo New Energy | PairCorr |
| 0.73 | L5A | Canadian Solar | PairCorr |
| 0.41 | QCE | Global PVQ SE | PairCorr |
| 0.31 | PI | Impinj Inc | PairCorr |
KLA Tencor Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between KLA Tencor and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of KLA and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of KLA Tencor does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between KLA Stock performing well and KLA Tencor Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze KLA Tencor's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TXN | 1.57 | 0.41 | 0.30 | 0.54 | 0.88 | 4.22 | 12.90 | |||
| AMAT | 2.25 | 0.66 | 0.25 | 0.51 | 2.33 | 5.75 | 13.55 | |||
| LRCX | 2.53 | 0.66 | 0.24 | 0.48 | 2.61 | 7.00 | 17.49 | |||
| INTC | 3.25 | 0.39 | 0.10 | 0.39 | 3.86 | 10.19 | 28.75 | |||
| QCOM | 1.38 | (0.29) | 0.00 | (0.08) | 0.00 | 2.56 | 11.98 | |||
| ARM | 1.92 | (0.16) | 0.00 | (0.01) | 0.00 | 4.96 | 14.03 | |||
| ACN | 1.97 | (0.38) | 0.00 | (0.11) | 0.00 | 4.53 | 14.18 | |||
| SONY | 1.06 | (0.39) | 0.00 | (0.41) | 0.00 | 2.24 | 6.40 | |||
| APH | 2.08 | 0.13 | 0.04 | 0.24 | 3.39 | 5.09 | 19.08 | |||
| ADI | 1.38 | 0.57 | 0.46 | 0.59 | 0.59 | 3.64 | 8.10 |
Cross Equities Net Income Analysis
Compare KLA Tencor and related stocks such as Texas Instruments, Applied Materials, and Lam Research Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TXN | (118.7 M) | 2.2 B | 1.8 B | 2.1 B | 2.8 B | 3 B | 3.6 B | 3.7 B | 5.6 B | 5 B | 5.6 B | 7.8 B | 8.7 B | 6.5 B | 4.8 B | 5 B | 2.6 B |
| AMAT | 9.3 M | 109 M | 256 M | 1.1 B | 1.4 B | 1.7 B | 3.5 B | 3 B | 2.7 B | 3.6 B | 5.9 B | 6.5 B | 6.9 B | 7.2 B | 7 B | 8 B | 8.5 B |
| LRCX | 1.7 M | 168.7 M | 113.9 M | 632.3 M | 655.6 M | 914 M | 1.7 B | 2.4 B | 2.2 B | 2.3 B | 3.9 B | 4.6 B | 4.5 B | 3.8 B | 5.4 B | 6.2 B | 6.5 B |
| INTC | 1.6 M | 12.9 B | 11 B | 9.6 B | 11.7 B | 11.4 B | 10.3 B | 9.6 B | 21.1 B | 21 B | 20.9 B | 19.9 B | 8 B | 1.7 B | (18.8 B) | (267 M) | (253.7 M) |
| QCOM | (17.1 M) | 6.1 B | 6.9 B | 8 B | 5.3 B | 5.7 B | 2.5 B | (5 B) | 4.4 B | 5.2 B | 9 B | 12.9 B | 7.2 B | 10.1 B | 5.5 B | 6.4 B | 3.3 B |
| ARM | 388 M | 388 M | 388 M | 388 M | 388 M | 388 M | 388 M | 388 M | 388 M | 388 M | 388 M | 549 M | 524 M | 306 M | 792 M | 910.8 M | 563 M |
| ACN | 2.5 B | 2.6 B | 3.3 B | 2.9 B | 3.1 B | 4.1 B | 3.4 B | 4.1 B | 4.8 B | 5.1 B | 5.9 B | 6.9 B | 6.9 B | 7.3 B | 7.7 B | 8.8 B | 9.3 B |
| SONY | 73 B | (455 B) | 41.5 B | (128.4 B) | (126 B) | 147.8 B | 73.3 B | 490.8 B | 916.3 B | 582.2 B | 1 T | 882.2 B | 1 T | 970.6 B | 1.1 T | 1.3 T | 1.4 T |
| APH | (12.1 M) | 524.2 M | 555.3 M | 635.7 M | 709.1 M | 763.5 M | 822.9 M | 650.5 M | 1.2 B | 1.2 B | 1.2 B | 1.6 B | 1.9 B | 1.9 B | 2.4 B | 4.3 B | 4.5 B |
| ADI | 29.7 M | 651.2 M | 673.5 M | 629.3 M | 696.9 M | 861.7 M | 805.4 M | 1.5 B | 1.4 B | 1.2 B | 1.4 B | 2.7 B | 3.3 B | 1.6 B | 2.3 B | 2.6 B | 2.7 B |
KLA Tencor and related stocks such as Texas Instruments, Applied Materials, and Lam Research Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in KLA Tencor financial statement analysis. It represents the amount of money remaining after all of KLA Tencor operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.KLA Tencor Competitive Analysis
The better you understand KLA Tencor competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, KLA Tencor's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across KLA Tencor's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
KLA Tencor Competition Performance Charts
Five steps to successful analysis of KLA Tencor Competition
KLA Tencor's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by KLA Tencor in relation to its competition. KLA Tencor's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of KLA Tencor in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact KLA Tencor's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to KLA Tencor, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out KLA Tencor Correlation with its peers. For information on how to trade KLA Stock refer to our How to Trade KLA Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could KLA diversify its offerings? Factors like these will boost the valuation of KLA Tencor. Expected growth trajectory for KLA significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every KLA Tencor data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.409 | Dividend Share 7.4 | Earnings Share 35.26 | Revenue Per Share | Quarterly Revenue Growth 0.072 |
The market value of KLA Tencor is measured differently than its book value, which is the value of KLA that is recorded on the company's balance sheet. Investors also form their own opinion of KLA Tencor's value that differs from its market value or its book value, called intrinsic value, which is KLA Tencor's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because KLA Tencor's market value can be influenced by many factors that don't directly affect KLA Tencor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that KLA Tencor's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether KLA Tencor represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, KLA Tencor's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.