Photronics Financials

PLAB Stock  USD 22.82  0.32  1.42%   
Based on the key indicators related to Photronics' liquidity, profitability, solvency, and operating efficiency, Photronics is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in March. At present, Photronics' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 105.2 M, whereas Short and Long Term Debt Total is forecasted to decline to about 19.7 M. Key indicators impacting Photronics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1507
Significantly Down
Slightly volatile
Return On Assets0.09220.0878
Sufficiently Up
Slightly volatile
Return On Equity0.140.13
Significantly Up
Slightly volatile
Debt Equity Ratio0.01750.0185
Notably Down
Slightly volatile
Current Ratio2.474.56
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Photronics includes many different criteria found on its balance sheet. An individual investor should monitor Photronics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Photronics.

Net Income

157.81 Million

  

Photronics Earnings Geography

Please note, the presentation of Photronics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Photronics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Photronics' management manipulating its earnings.

Photronics Stock Summary

Photronics competes with Diodes Incorporated, Daqo New, Micron Technology, MagnaChip Semiconductor, and Nano Labs. Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, Korea, Europe, China, and internationally. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut. Photronics operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1728 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7194051022
CUSIP719405102
LocationConnecticut; U.S.A
Business Address15 Secor Road,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.photronics.com
Phone203 775 9000
CurrencyUSD - US Dollar

Photronics Key Financial Ratios

Photronics Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets1.3B1.3B1.5B1.7B2.0B2.1B
Other Current Liab37.2M43.5M55.1M87.1M100.2M105.2M
Net Debt(165.0M)(277.3M)(472.8M)(580.5M)(522.4M)(496.3M)
Retained Earnings317.8M435.6M561.1M691.8M795.6M835.4M
Cash276.7M319.7M499.3M598.5M688.3M722.7M
Net Receivables208.5M216.6M208.2M200.8M231.0M242.5M
Inventory55.2M50.8M50.0M56.5M65.0M68.3M
Other Current Assets2.2M10.5M15.1M33.0M38.0M39.9M
Total Liab293.6M253.7M250.6M231.3M266.0M220.1M
Total Current Assets550.6M644.7M785.5M931.1M1.1B1.1B
Short Term Debt24.5M11.4M8.5M18.0M20.7M13.3M
Accounts Payable81.5M79.6M84.0M78.7M90.5M55.7M
Common Stock600K608K613K619K711.9K543.2K
Other Liab13.7M28.0M28.0M27.6M31.8M33.4M
Other Assets50.8M53.1M46.3M27.3M24.6M22.4M
Long Term Debt55.0M89.4M32.3M18.0M16.2M15.4M
Net Tangible Assets769.9M805.0M822.9M831.5M956.3M766.9M

Photronics Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense1.7M1.9M433K334K384.1K364.9K
Total Revenue663.8M824.5M892.1M866.9M997.0M1.0B
Gross Profit167.0M294.2M336.2M315.9M363.3M381.5M
Operating Income94.6M211.9M253.1M221.5M254.7M267.5M
Ebit64.0M103.7M240.9M270.4M310.9M326.5M
Ebitda194.1M321.2M351.2M221.5M254.7M267.5M
Cost Of Revenue496.7M530.3M555.9M551M633.7M665.3M
Income Before Tax102.0M239.0M269.9M247.4M284.5M298.8M
Net Income78.8M179.2M125.5M130.7M150.3M157.8M
Income Tax Expense23.2M59.8M70.3M63.6M73.1M76.8M
Research Development18.5M18.3M13.7M16.6M19.1M20.3M
Minority Interest(23.4M)(60.5M)(74.1M)(53.2M)(47.8M)(45.5M)
Tax Provision23.2M59.8M70.3M63.6M73.1M76.8M
Interest Income1.2M1.7M14.9M24.1M27.7M29.1M
Net Interest Income(520K)(177K)14.4M23.7M27.3M28.7M

Photronics Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory3.0M(2.0M)1.2M(6.2M)(5.5M)(5.3M)
Change In Cash(1.9M)42.7M179.5M99.4M114.3M120.0M
Free Cash Flow41.5M162.8M170.9M130.5M150.1M157.6M
Depreciation90.4M80.3M80.8M82.8M95.2M68.8M
Other Non Cash Items2.1M(809K)1.0(19.1M)(17.2M)(16.3M)
Capital Expenditures109.3M112.3M131.3M130.9M150.6M81.9M
Net Income78.8M179.2M199.6M183.8M211.4M222.0M
End Period Cash Flow279.7M322.4M501.9M601.2M691.4M726.0M
Investments(103.5M)(38.9M)(101.5M)(156.5M)(140.8M)(133.8M)
Change Receivables(12.3M)7.0M(36.6M)(51.2M)(46.1M)(43.8M)
Net Borrowings(6.7M)12.9M506K(65.4M)(75.3M)(71.5M)
Dividends Paid45.1M16.2M3.9M5.7M5.2M4.9M
Change To Netincome18K4.5M28.7M66.8M76.8M80.6M

Photronics Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Photronics's current stock value. Our valuation model uses many indicators to compare Photronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Photronics competition to find correlations between indicators driving Photronics's intrinsic value. More Info.
Photronics is regarded third in return on equity category among its peers. It is regarded second in return on asset category among its peers reporting about  0.59  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Photronics is roughly  1.70 . At present, Photronics' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Photronics' earnings, one of the primary drivers of an investment's value.

Photronics' Earnings Breakdown by Geography

Photronics Systematic Risk

Photronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Photronics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Photronics correlated with the market. If Beta is less than 0 Photronics generally moves in the opposite direction as compared to the market. If Photronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Photronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Photronics is generally in the same direction as the market. If Beta > 1 Photronics moves generally in the same direction as, but more than the movement of the benchmark.

Photronics Thematic Clasifications

Photronics is part of Millennials Best investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Firms that are involved in making products or providing services to millennials. Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000
Millennials BestView
This theme covers Firms that are involved in making products or providing services to millennials. Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. Get More Thematic Ideas
Today, most investors in Photronics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Photronics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Photronics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.98

At present, Photronics' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Photronics January 30, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Photronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Photronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Photronics based on widely used predictive technical indicators. In general, we focus on analyzing Photronics Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Photronics's daily price indicators and compare them against related drivers.

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When running Photronics' price analysis, check to measure Photronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Photronics is operating at the current time. Most of Photronics' value examination focuses on studying past and present price action to predict the probability of Photronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photronics' price. Additionally, you may evaluate how the addition of Photronics to your portfolios can decrease your overall portfolio volatility.
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