Photronics Inc.

Find Ratings Reports
PLAB : NASDAQ : Electronic Technology
$9.1 | %
Today's Range: 9.0 - 9.15
Avg. Daily Volume: 538500.0
03/16/18 - 4:00 PM ET

Financial Analysis

PHOTRONICS INC's gross profit margin for the first quarter of its fiscal year 2018 is essentially unchanged when compared to the same period a year ago. The company has grown its sales and net income during the past quarter when compared with the same quarter a year ago, and although its growth in net income has outpaced the industry average, its revenue growth has not. PHOTRONICS INC is extremely liquid. Currently, the Quick Ratio is 5.15 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.

During the same period, stockholders' equity ("net worth") has increased by 9.11% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit

Income Statement Q1 FY18 Q1 FY17
Net Sales ($mil)123.45109.83
EBITDA ($mil)34.1729.54
EBIT ($mil)11.818.64
Net Income ($mil)5.91.95

Balance Sheet Q1 FY18 Q1 FY17
Cash & Equiv. ($mil)348.56329.7
Total Assets ($mil)1081.46987.47
Total Debt ($mil)60.6365.97
Equity ($mil)777.43712.48

Profitability Q1 FY18 Q1 FY17
Gross Profit Margin40.5239.97
EBITDA Margin27.6826.89
Operating Margin9.577.87
Sales Turnover0.430.47
Return on Assets1.572.74
Return on Equity2.193.8
Debt Q1 FY18 Q1 FY17
Current Ratio5.595.98
Interest Expense0.00.56
Interest Coverage0.015.46

Share Data Q1 FY18 Q1 FY17
Shares outstanding (mil)68.6768.33
Div / share0.00.0
Book value / share11.3210.43
Institutional Own % n/a n/a
Avg Daily Volume553681.0927813.0


HOLD. PHOTRONICS INC's P/E ratio indicates a premium compared to an average of 34.78 for the Semiconductors & Semiconductor Equipment industry and a premium compared to the S&P 500 average of 25.66. For additional comparison, its price-to-book ratio of 0.80 indicates a significant discount versus the S&P 500 average of 3.28 and a significant discount versus the industry average of 7.05. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.

1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
PLAB 35.00 Peers 34.78   PLAB 6.51 Peers 21.88

Average. An average P/E ratio can signify an industry neutral price for a stock and an average growth expectation.

PLAB is trading at a valuation on par with its peers.


Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

PLAB is trading at a significant discount to its peers.

1 2 3 4 5
premium   discount
  Price to
1 2 3 4 5
premium   discount
PLAB 29.35 Peers 21.80   PLAB 0.51 Peers 0.85

Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.

PLAB is trading at a significant premium to its peers.


Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

PLAB trades at a significant discount to its peers.

1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
PLAB 0.80 Peers 7.05   PLAB -33.34 Peers 171.10

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

PLAB is trading at a significant discount to its peers.


Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, PLAB is expected to significantly trail its peers on the basis of its earnings growth rate.

1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
PLAB 1.35 Peers 6.18   PLAB 0.20 Peers 22.15

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

PLAB is trading at a significant discount to its industry on this measurement.


Lower. A sales growth rate that trails the industry implies that a company is losing market share.

PLAB significantly trails its peers on the basis of sales growth



Latest Stock Upgrades/Downgrades