Kulicke and Soffa Industries
Market Cap
US$3.2b
Last Updated
2021/04/22 08:39 UTC
Data Sources
Company Financials +
Executive Summary
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools to assemble semiconductor devices. More Details
Snowflake Analysis
Flawless balance sheet with proven track record.
Similar Companies
Share Price & News
How has Kulicke and Soffa Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KLIC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: KLIC's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
1.5%
KLIC
-3.8%
US Semiconductor
-0.7%
US Market
1 Year Return
129.9%
KLIC
85.0%
US Semiconductor
58.2%
US Market
Return vs Industry: KLIC exceeded the US Semiconductor industry which returned 78.6% over the past year.
Return vs Market: KLIC exceeded the US Market which returned 55% over the past year.
Shareholder returns
| KLIC | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | -3.8% | -0.7% |
| 30 Day | 15.4% | 3.7% | 3.2% |
| 90 Day | 42.1% | 1.3% | 4.4% |
| 1 Year | 134.1%129.9% | 87.9%85.0% | 61.0%58.2% |
| 3 Year | 141.8%127.6% | 127.9%116.2% | 66.1%55.5% |
| 5 Year | 420.0%389.4% | 323.8%282.9% | 120.9%96.2% |
Long-Term Price Volatility Vs. Market
How volatile is Kulicke and Soffa Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Has Kulicke and Soffa Industries, Inc.'s (NASDAQ:KLIC) Impressive Stock Performance Got Anything to Do With Its Fundamentals?1 month ago | Simply Wall St
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon1 month ago | Simply Wall St
Shareholders of Kulicke and Soffa Industries (NASDAQ:KLIC) Must Be Delighted With Their 393% Total ReturnValuation
Is Kulicke and Soffa Industries undervalued compared to its fair value and its price relative to the market?
38.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KLIC ($52.06) is trading above our estimate of fair value ($29.85)
Significantly Below Fair Value: KLIC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KLIC is good value based on its PE Ratio (37.3x) compared to the US Semiconductor industry average (39.2x).
PE vs Market: KLIC is poor value based on its PE Ratio (37.3x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: KLIC is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: KLIC is good value based on its PB Ratio (4x) compared to the US Semiconductor industry average (4.9x).
Future Growth
How is Kulicke and Soffa Industries forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
9.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KLIC's forecast earnings growth (9% per year) is above the savings rate (2%).
Earnings vs Market: KLIC's earnings (9% per year) are forecast to grow slower than the US market (17.8% per year).
High Growth Earnings: KLIC's earnings are forecast to grow, but not significantly.
Revenue vs Market: KLIC's revenue (7.2% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: KLIC's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KLIC's Return on Equity is forecast to be high in 3 years time (20.3%)
Past Performance
How has Kulicke and Soffa Industries performed over the past 5 years?
-3.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KLIC has high quality earnings.
Growing Profit Margin: KLIC's current net profit margins (11.7%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: KLIC's earnings have declined by 3.6% per year over the past 5 years.
Accelerating Growth: KLIC's earnings growth over the past year (368%) exceeds its 5-year average (-3.6% per year).
Earnings vs Industry: KLIC earnings growth over the past year (368%) exceeded the Semiconductor industry 30%.
Return on Equity
High ROE: KLIC's Return on Equity (10.8%) is considered low.
Financial Health
How is Kulicke and Soffa Industries's financial position?
Financial Position Analysis
Short Term Liabilities: KLIC's short term assets ($949.6M) exceed its short term liabilities ($200.7M).
Long Term Liabilities: KLIC's short term assets ($949.6M) exceed its long term liabilities ($138.5M).
Debt to Equity History and Analysis
Debt Level: KLIC is debt free.
Reducing Debt: KLIC has no debt compared to 5 years ago when its debt to equity ratio was 2.2%.
Debt Coverage: KLIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KLIC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Kulicke and Soffa Industries's current dividend yield, its reliability and sustainability?
1.04%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KLIC's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: KLIC's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KLIC has been paying a dividend for less than 10 years.
Growing Dividend: KLIC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.8%), KLIC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average management tenure
CEO
Fusen Ernie Chen (61 yo)
4.5yrs
Tenure
US$5,464,416
Compensation
Dr. Fusen Ernie Chen, Ph.D., has been the President and Chief Executive Officer of Kulicke and Soffa Industries, Inc. since October 31, 2016. Dr. Chen served as the Chief Executive Officer and President of...
CEO Compensation Analysis
Compensation vs Market: Fusen Ernie's total compensation ($USD5.46M) is about average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: Fusen Ernie's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: KLIC's management team is considered experienced (4.4 years average tenure).
Board Members
Experienced Board: KLIC's board of directors are considered experienced (4.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KLIC insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Kulicke and Soffa Industries, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kulicke and Soffa Industries, Inc.
- Ticker: KLIC
- Exchange: NasdaqGS
- Founded: 1951
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$3.232b
- Shares outstanding: 62.08m
- Website: https://www.kns.com
Number of Employees
Location
- Kulicke and Soffa Industries, Inc.
- No. 01-01, K&S Corporate Headquarters
- 23A Serangoon North Avenue 5
- Singapore
- 554369
- Singapore
Listings
Biography
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools to assemble semiconductor devices. It operates in two segments, Capital Equipment, and Aftermarket Products a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/22 08:39 |
| End of Day Share Price | 2021/04/21 00:00 |
| Earnings | 2021/01/02 |
| Annual Earnings | 2020/10/03 |
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 here.