KLA Corporation

BRSE:KLA Stock Report

Market Cap: CHF 264.9b

KLA Valuation

Is KLA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of KLA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: KLA (CHF168.45) is trading above our estimate of future cash flow value (CHF61.14)

Significantly Below Future Cash Flow Value: KLA is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KLA?

Key metric: As KLA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KLA. This is calculated by dividing KLA's market cap by their current earnings.
What is KLA's PE Ratio?
PE Ratio71.2x
EarningsUS$4.67b
Market CapUS$332.50b

Price to Earnings Ratio vs Peers

How does KLA's PE Ratio compare to its peers?

The above table shows the PE ratio for KLA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.3x
LRCX Lam Research
68.4x19.30%US$458.7b
AMAT Applied Materials
52.9x18.53%US$450.4b
8035 Tokyo Electron
53.4x14.82%JP¥30.7t
ASML ASML Holding
62.6x17.06%€627.1b
KLA KLA
71.2x18.85%CHF 332.5b

Price-To-Earnings vs Peers: KLA is expensive based on its Price-To-Earnings Ratio (71.2x) compared to the peer average (59.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does KLA's PE Ratio compare vs other companies in the European Semiconductor Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KLA 71.2xIndustry Avg. 58.8xNo. of Companies4PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KLA is expensive based on its Price-To-Earnings Ratio (71.2x) compared to the European Semiconductor industry average (58.8x).

Price to Earnings Ratio vs Fair Ratio

What is KLA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KLA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio71.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KLA's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KLA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 168.45
CHF 153.47
-8.89%
11.31%CHF 199.19CHF 119.51n/a29
Jun ’27n/a
CHF 145.85
0%
9.20%CHF 165.10CHF 117.93n/a29
May ’27n/a
CHF 141.82
0%
11.36%CHF 164.15CHF 105.53n/a29
Apr ’27n/a
CHF 134.48
0%
10.18%CHF 159.97CHF 106.54n/a30
Mar ’27n/a
CHF 128.83
0%
9.92%CHF 150.73CHF 102.96n/a30
Feb ’27n/a
CHF 127.63
0%
11.25%CHF 150.74CHF 99.72n/a29
Jan ’27n/a
CHF 104.90
0%
9.02%CHF 119.12CHF 79.41n/a27
Dec ’26n/a
CHF 103.79
0%
9.33%CHF 120.73CHF 80.48n/a26
Nov ’26n/a
CHF 102.34
0%
10.82%CHF 120.70CHF 76.44n/a26
Oct ’26n/a
CHF 75.97
0%
11.56%CHF 93.31CHF 59.41n/a25
Sep ’26n/a
CHF 74.38
0%
10.27%CHF 86.04CHF 59.63n/a25
Aug ’26n/a
CHF 74.39
0%
10.52%CHF 86.55CHF 59.98n/a26
Jul ’26n/a
CHF 64.05
0%
11.92%CHF 75.28CHF 46.75n/a26
Jun ’26n/a
CHF 65.13
0%
10.53%CHF 74.58CHF 48.89n/a26
May ’26n/a
CHF 65.24
0%
10.46%CHF 74.66CHF 48.95n/a26
Apr ’26n/a
CHF 72.34
0%
9.64%CHF 83.75CHF 57.74n/a27
Mar ’26n/a
CHF 73.28
0%
9.56%CHF 84.79CHF 58.46n/a27
Feb ’26n/a
CHF 74.67
0%
9.18%CHF 86.52CHF 59.65n/a28
Jan ’26n/a
CHF 71.39
0%
10.17%CHF 85.86CHF 60.11n/a27
Dec ’25n/a
CHF 70.91
0%
10.46%CHF 83.64CHF 58.55n/a27
Nov ’25n/a
CHF 70.57
0%
9.61%CHF 82.71CHF 58.33n/a27
Oct ’25n/a
CHF 71.06
0%
10.71%CHF 82.51CHF 56.70n/a25
Sep ’25n/a
CHF 72.49
0%
10.10%CHF 82.47CHF 56.39n/a24
Aug ’25n/a
CHF 75.36
0%
10.27%CHF 86.49CHF 58.53n/a24
Jul ’25n/a
CHF 70.09
0%
10.35%CHF 85.79CHF 47.86n/a24
Jun ’25n/a
CHF 68.62
0%
10.37%CHF 77.65CHF 48.42n/a23
CHF 127.47
Fair Value
32.1% overvalued intrinsic discount
29
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 17:48
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

KLA Corporation is covered by 47 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Thomas O'MalleyBarclays
Christopher MuseBarclays