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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

KLICIndustryMarket
7 Day1.5%-3.8%-0.7%
30 Day15.4%3.7%3.2%
90 Day42.1%1.3%4.4%
1 Year134.1%129.9%87.9%85.0%61.0%58.2%
3 Year141.8%127.6%127.9%116.2%66.1%55.5%
5 Year420.0%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

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/22 08:39
End of Day Share Price2021/04/21 00:00
Earnings2021/01/02
Annual Earnings2020/10/03


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.