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Photronics, Inc. PLAB R2KAI

Technology · Semiconductor Equipment & Materials · United States
https://www.photronics.com
Company Profile ↓
$29.77
+54.25% 1Y
Mkt Cap$1.76B
P/E10.99
P/B1.38
52W High$54.96
52W Low$19.16
Book Value$21.34
EPS (TTM)$2.71

Company Overview

Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company also provides electrical and optical components. It sells its products to semiconductor and FPD designers, manufacturers, and foundries through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 32.2% per year over the last five years.

Reasonable Valuation

Trades at a P/E of 11.0, below the sector median of 34.7.

Healthy Margins

Maintains a net profit margin of 18.5%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.23.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Oct 2025 Revenue of $849.29M (-2.0% YoY); net profit $136.41M.
  • Trailing 12 Months Year-on-year growth — revenue -0.5%, earnings +270.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 5.5%, profit CAGR 32.2%.

Growth & Price Performance

Compounded Sales Growth

5 Years:5.49%
1 Year:-0.50%

Compounded Profit Growth

5 Years:32.17%
1 Year:270.50%

Stock Price Performance

1 Year:+54.25%
6 Months:-11.66%
3 Months:-34.87%
1 Month:-6.32%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI Semiconductor Equipment / Photomasks

Photronics makes photomasks — the master templates used to manufacture the integrated circuits and displays that AI demand is driving.

Core Focus

Photomasks for ICs and flat-panel displays that transfer circuit patterns onto wafers and substrates.

Key Initiatives
  • Photomasks for advanced ICs Photronics's masks are essential tooling for fabricating the logic and memory chips serving AI/compute.
  • Display photomasks It also supplies masks for flat-panel displays used across electronics.
  • Geographic capacity Fabs across the US and Asia provide capacity close to customers.
Why Investors Should Care
  • Critical, capacity-constrained tooling supplier to chip and display makers; net ~18%.
  • Profitable with steady demand tied to new chip/display designs.
  • Flat current revenue (~0%) and capex-intensive.
  • Semiconductor cyclicality and customer concentration are key risks.
AI InvestmentAI exposure is indirect; investment is in mask-making capacity and advanced-node capability.
AI RevenueNo AI-specific revenue is disclosed; AI-driven chip design starts flow through photomask demand.
ROI (Now)Indirect — new AI/compute chip designs drive incremental mask demand today.
ROI (Expected)More advanced-node design activity, partly AI-driven, supports steady mask demand.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Profit CAGR of 32.2% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading 45.8% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
10.99
Industry PE
34.66
Forward P/E
14.74
PEG Ratio
2.64
Book Value
$21.34
Price to Book
1.38
P/S
2.02
EV/EBITDA
5.67
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
5.49%
Profit 5Y
32.17%
Revenue (YoY)
-0.50%
Earnings (YoY)
270.50%

Profitability & Returns

ROCE
12.70%
ROE
13.24%
ROA
6.79%
Profit Margin
18.47%
Op Margin
20.09%
Gross Margin
33.77%
EPS (Latest Qtr)
$0.54
EPS (TTM)
$2.71

Balance Sheet & Liquidity

Debt/Equity
0.23
Quick Ratio
4.50
Current Ratio
5.05
Debt
$3.86M
Total Assets
$1.93B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
3.18%
Chg in Prom Hold
-
FII / Inst Holding
97.47%
Chg in FII Hold
-1.18%

Financial Snapshot

Enterprise Value
$1.76B
Total Revenue (TTM)
$861.17M
EBITDA
$274.34M
Free Cash Flow
$39.00M
Operating Cash Flow
$282.16M
Shares Outstanding
58.96M
Gross Margin
33.77%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PLAB Photronics, Inc. R2KAI 29.77 10.99 $1.76B 0.00% 12.70% 13.24% 5.49% 32.17%
2 NVDA NVIDIA Corporation NDXSPXAI 212.50 32.59 $5.15T 0.47% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 327.50 39.60 $4.81T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 395.63 23.96 $2.94T 0.95% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 419.48 36.41 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 394.28 64.96 $1.88T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 904.28 20.44 $1.02T 0.05% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 529.14 172.36 $862.82B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,815.27 59.79 $699.64B 0.51% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric May 2015Aug 2015Nov 2015Jan 2016May 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 2018Jan 2019Apr 2019Jul 2019Oct 2019Feb 2020May 2020Aug 2020Oct 2020Jan 2021May 2021Aug 2021Jan 2022May 2022Jul 2022Jan 2023Apr 2023Jul 2023Jan 2024Apr 2024Jul 2024Feb 2025May 2025Aug 2025Feb 2026May 2026
Revenue -----------123.45M130.78M136.39M144.66M124.71M131.58M138.11M156.26M159.74M142.77M157.90M149.29M152.07M159.76M170.64M189.83M204.51M219.95M211.09M229.31M224.21M216.33M217.00M210.98M212.14M210.99M210.39M225.07M209.94M
Gross Profit 33.09M37.24M44.61M35.44M31.29M31.45M20.53M23.00M20.16M21.72M26.44M27.66M32.82M35.60M35.42M26.10M26.01M30.57M38.16M34.60M30.43M37.73M31.89M30.53M39.25M45.33M59.86M70.22M83.86M76.08M88.40M86.80M79.25M79.25M75.14M75.53M77.91M70.86M78.70M65.76M
Operating Income 14.87M18.56M-17.54M14.82M14.82M-8.64M5.54M5.27M-11.81M15.37M20.44M-8.05M9.20M13.40M-16.30M12.70M19.94M-11.77M20.81M28.46M38.20M49.40M63.73M55.96M67.05M65.26M57.49M56.05M52.15M52.18M55.72M48.16M54.86M42.18M
Net Income 10.06M12.11M18.62M21.00M11.85M8.09M5.26M1.95M1.80M4.00M5.39M5.90M10.66M13.01M12.49M5.27M8.48M6.35M9.70M10.30M6.28M10.78M6.46M8.04M10.53M17.08M23.06M27.43M31.23M13.99M39.93M26.96M26.18M36.25M34.39M42.85M8.86M22.89M42.94M31.43M
Diluted EPS 0.140.170.250.280.160.120.080.030.030.060.080.090.150.180.180.080.130.100.150.160.100.170.100.130.170.280.380.450.510.230.650.440.420.580.550.680.150.390.740.54
R&D Expense 5.81M6.25M-5.70M5.45M5.47M-3.48M3.73M4.81M-4.10M3.82M2.65M-4.26M3.54M4.05M-4.08M4.46M4.49M-4.71M4.38M5.30M5.94M4.21M4.15M3.30M3.48M3.50M3.44M4.29M3.56M4.26M4.09M4.27M2.59M2.82M

Profit & Loss (Annual)

Figures in USD.

Metric Nov 2009Oct 2010Oct 2011Oct 2012Nov 2013Nov 2014Nov 2015Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Revenue 361.35M425.55M512.02M450.44M422.18M455.53M524.21M483.46M450.68M535.28M550.66M609.69M663.76M824.55M892.08M866.95M849.29M
Gross Profit --136.21M111.92M99.64M100.35M143.14M118.71M91.31M131.50M120.84M134.65M167.04M294.21M336.16M315.95M299.83M
Operating Income -12.49M39.48M75.47M44.41M30.67M28.80M72.23M52.48M31.87M65.63M52.12M63.93M94.55M211.87M253.05M221.52M208.16M
Net Income -41.91M23.92M16.23M27.87M17.97M26.00M44.62M46.20M13.13M42.05M29.79M33.82M55.45M118.79M125.48M130.69M136.41M
Diluted EPS -0.970.430.280.440.290.410.630.640.190.590.440.520.891.942.032.092.28
R&D Expense 15.42M14.93M15.51M19.37M20.76M21.91M21.92M21.65M15.86M14.48M16.39M17.14M18.49M18.34M13.65M16.58M15.80M

Balance Sheet (Annual)

Figures in USD.

Metric Nov 2008Nov 2009Oct 2010Oct 2011Oct 2012Nov 2013Nov 2014Nov 2015Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Total Assets --703.88M817.85M849.23M885.93M1.03B1.04B987.99M1.02B1.11B1.12B1.19B1.29B1.32B1.53B1.71B1.80B
Total Equity 432.40M449.70M441.80M511.05M551.39M585.31M628.05M646.55M710.36M744.56M759.67M769.89M804.96M823.69M831.53M975.01M1.12B1.17B
Cash & Equivalents 83.76M88.54M98.94M189.93M218.04M215.62M192.93M205.87M314.07M308.02M329.28M206.53M278.67M276.67M319.68M499.29M598.49M492.26M
Long Term Debt ----------041.89M54.98M89.45M32.31M---
Total Liabilities --207.94M258.10M263.23M298.10M289.69M281.31M162.51M155.50M205.44M207.57M225.92M293.64M253.74M250.61M231.30M207.23M
Current Liabilities --119.23M95.90M85.51M104.59M139.12M192.69M81.32M81.78M191.08M151.95M142.94M176.15M193.80M185.22M183.81M165.87M

Cash Flows (Annual)

Figures in USD.

Metric Nov 2009Oct 2010Oct 2011Oct 2012Nov 2013Nov 2014Nov 2015Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Operating Cash Flow 68.15M95.92M136.55M132.55M99.40M-133.19M122.14M96.83M130.57M68.39M143.05M-275.19M302.18M261.44M247.80M
Investing Cash Flow -24.68M-58.21M-100.74M-111.94M-66.24M--104.31M52.29M-98.02M-90.87M-151.41M-65.71M--147.76M-101.55M-156.47M-238.90M
Financing Cash Flow -40.50M-32.46M54.52M4.56M-39.84M--7.10M-67.02M-10.93M-13.80M-42.06M-16.01M--38.69M-18.49M-7.73M-115.26M
Capital Expenditure -34.99M-71.38M-82.12M-96.98M-63.79M-91.08M-104.03M-50.15M-91.97M-92.58M-178.38M-70.81M--112.54M-131.41M-131.03M-188.23M
Free Cash Flow 33.15M24.54M54.43M35.57M35.61M-29.16M71.99M4.87M37.98M-109.99M72.23M-162.64M170.76M130.41M59.57M
Net Change in Cash -------------88.74M182.14M97.25M-106.36M
Share Buybacks -------0023.11M21.70M34.39M48.25M2.52M0097.42M

Ratios (Annual)

Figures in %.

Metric Nov 2009Oct 2010Oct 2011Oct 2012Nov 2013Nov 2014Nov 2015Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Gross Margin % --26.6%24.8%23.6%22.0%27.3%24.6%20.3%24.6%21.9%22.1%25.2%35.7%37.7%36.4%35.3%
Operating Margin % -3.5%9.3%14.7%9.9%7.3%6.3%13.8%10.9%7.1%12.3%9.5%10.5%14.2%25.7%28.4%25.6%24.5%
Net Margin % -11.6%5.6%3.2%6.2%4.3%5.7%8.5%9.6%2.9%7.9%5.4%5.5%8.4%14.4%14.1%15.1%16.1%
ROE % -9.3%5.4%3.2%5.1%3.1%4.1%6.9%6.5%1.8%5.5%3.9%4.2%6.7%14.3%12.9%11.7%11.6%
ROCE % -6.8%10.5%5.8%3.9%3.2%8.5%5.8%3.4%7.1%5.4%6.1%8.5%18.9%18.9%14.5%12.7%

Shareholding Pattern

Insiders
3.18%
Institutions
97.47%
Public Float
100.67%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 15.92% 9.39M $277.15M
2 Dimensional Fund Advisors LP 6.72% 3.96M $117.00M
3 LSV Asset Management 4.89% 2.88M $85.11M
4 Vanguard Portfolio Management LLC 4.82% 2.84M $83.99M
5 American Century Companies Inc 4.78% 2.82M $83.26M
6 Vanguard Capital Management LLC 4.25% 2.50M $73.90M
7 State Street Corporation 3.80% 2.24M $66.13M
8 Victory Capital Management Inc. 3.29% 1.94M $57.24M
9 Geode Capital Management, LLC 3.15% 1.85M $54.76M
10 Invesco Ltd. 2.42% 1.43M $42.15M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for PLAB

Google News Wed, 15 Jul 2026

Photronics, Inc. (NASDAQ: PLAB) Shares Plunge 36%, Erasing - GlobeNewswire

<a href="https://news.google.com/rss/articles/CBMimgJBVV95cUxNWkZxUmRTTjBrR0VaTjY1NVdPLU41UHltNFM2U3AtZElFUDVqNWo1U09nZUN3dzE2d1NqMks4d0s0alBXSWU5WG94TFE5OTlrOGlBdzU2NlBBOEhGWkNiUnhONDg0b0IwZTNjVEtkQm1XODBsV2x0MlhZdkIxNEhSeGhWbVJORlYzNVp1cE…

Google News Wed, 15 Jul 2026

PLAB UPCOMING DEADLINE: Levi & Korsinsky Alerts Photronics, Inc. Stockholders of Securities Class Action - Contact the Firm - PR Newswire

<a href="https://news.google.com/rss/articles/CBMihgJBVV95cUxQNlo4djBpSl9EVUg5YjQya3NpY3AxcGgzd3ZGdERVQkwyTjVXdkVPXzlFaVd1NDViMlVUWWlRbzNQbC1BLW9SMFd4U0dzMEU5Y3ZyS1g5VC1mVDhIM1d0QzVTUjZ5ekNwOVZ2ejNmb1I4NTRGVF91di1ZRTgyNnN0QlVXRVZuNnhacHM3dD…

Google News Wed, 15 Jul 2026

Heartland Value Fund’s Views on Photronics (PLAB) - Yahoo Finance

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Google News ue, 14 Jul 2026

Dimensional Fund Advisors discloses 6.2% holding in Photronics (PLAB) - Stock Titan

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Google News Fri, 26 Jun 2026

$PLAB stock is down 9% today. Here's what we see in our data. - Quiver Quantitative

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Google News Wed, 15 Jul 2026

Barrack, Rodos & Bacine Notifies Shareholders of Photronics, Inc. (PLAB) of a Securities Class Action Lawsuit and the Opportunity to Seek a Lead Plaintiff Position - marketscreener.com

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PLAB — Frequently Asked Questions

What is the current share price of Photronics, Inc. (PLAB)?

As of 2026-07-15 16:51 PDT, Photronics, Inc. (PLAB) trades at $29.77 on NasdaqGS. Its 52-week range is $19.16 to $54.96.

What is the market capitalisation of PLAB?

Photronics, Inc. (PLAB) has a market capitalisation of $1.76B on NasdaqGS.

What is the P/E ratio of PLAB?

PLAB trades at a trailing price-to-earnings (P/E) ratio of 10.99. The industry average P/E is 34.66. Its price-to-book (P/B) ratio is 1.38.

What is the return on equity (ROE) of PLAB?

PLAB has a return on equity (ROE) of 13.24%. Its return on capital employed (ROCE) is 12.70%.

Is PLAB a good stock to buy?

This page provides a data-driven analysis of Photronics, Inc. (PLAB), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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