MKS Instruments
Market Cap
US$5.7b
Last Updated
2019/12/09 23:39 UTC
Data Sources
Company Financials +
Executive Summary
MKS Instruments, Inc. provides instruments, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has MKS Instruments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MKSI's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-1.0%
MKSI
1.0%
US Semiconductor
0.7%
US Market
1 Year Return
56.0%
MKSI
37.5%
US Semiconductor
18.2%
US Market
Return vs Industry: MKSI exceeded the US Semiconductor industry which returned 37.5% over the past year.
Return vs Market: MKSI exceeded the US Market which returned 18.2% over the past year.
Shareholder returns
| MKSI | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | 1.0% | 0.7% |
| 30 Day | -6.4% | -1.4% | 1.5% |
| 90 Day | 15.5% | 6.9% | 5.0% |
| 1 Year | 57.4%56.0% | 40.3%37.5% | 20.8%18.2% |
| 3 Year | 83.7%78.9% | 82.1%71.8% | 45.2%35.8% |
| 5 Year | 214.5%195.7% | 135.3%112.1% | 71.6%52.7% |
Price Volatility Vs. Market
How volatile is MKS Instruments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
17 hours ago | Simply Wall St
Estimating The Fair Value Of MKS Instruments, Inc. (NASDAQ:MKSI)2 weeks ago | Simply Wall St
With A Return On Equity Of 8.6%, Has MKS Instruments, Inc.'s (NASDAQ:MKSI) Management Done Well?3 weeks ago | Simply Wall St
Don’t Buy MKS Instruments, Inc. (NASDAQ:MKSI) Until You Understand Its ROCEValuation
Is MKS Instruments undervalued compared to its fair value and its price relative to the market?
33.88x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MKSI ($105.27) is trading above our estimate of fair value ($102.5)
Significantly Below Fair Value: MKSI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MKSI is poor value based on its PE Ratio (33.9x) compared to the Semiconductor industry average (30.4x).
PE vs Market: MKSI is poor value based on its PE Ratio (33.9x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: MKSI is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: MKSI is good value based on its PB Ratio (2.9x) compared to the US Semiconductor industry average (2.9x).
Next Steps
Future Growth
How is MKS Instruments forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
39.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MKSI's forecast earnings growth (39.4% per year) is above the savings rate (1.7%).
Earnings vs Market: MKSI's earnings (39.4% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MKSI's revenue (10.6% per year) is forecast to grow faster than the US market (7.4% per year).
High Growth Revenue: MKSI's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MKSI's Return on Equity is forecast to be low in 3 years time (10.5%).
Next Steps
Past Performance
How has MKS Instruments performed over the past 5 years?
25.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MKSI has high quality earnings.
Growing Profit Margin: MKSI's current net profit margins (9.1%) are lower than last year (18.8%).
Past Earnings Growth Analysis
Earnings Trend: MKSI's earnings have grown significantly by 25.4% per year over the past 5 years.
Accelerating Growth: MKSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MKSI had negative earnings growth (-57.6%) over the past year, making it difficult to compare to the Semiconductor industry average (-15.8%).
Return on Equity
High ROE: MKSI's Return on Equity (8.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is MKS Instruments's financial position?
Financial Position Analysis
Short Term Liabilities: MKSI's short term assets ($1.4B) exceed its short term liabilities ($310.7M).
Long Term Liabilities: MKSI's short term assets ($1.4B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: MKSI's debt to equity ratio (45.2%) is considered high.
Reducing Debt: Insufficient data to determine if MKSI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MKSI's debt is well covered by operating cash flow (33.9%).
Interest Coverage: MKSI's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
Inventory Level: MKSI has a high level of physical assets or inventory.
Debt Coverage by Assets: MKSI's debt is covered by short term assets (assets are 1.5x debt).
Next Steps
Dividend
What is MKS Instruments's current dividend yield, its reliability and sustainability?
0.76%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MKSI's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MKSI's dividend (0.76%) is low compared to the top 25% of dividend payers in the US market (3.7%).
Stability and Growth of Payments
Stable Dividend: MKSI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: MKSI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MKSI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MKSI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of MKS Instruments's salary, the management and board of directors tenure and is there insider trading?
0.9yrs
Average management tenure
CEO
Jerry Colella (62yo)
5.9yrs
Tenure
US$10,260,205
Compensation
Mr. Gerald G. Colella, also known as Jerry, has been the Chief Executive Officer of MKS Instruments, Inc. since January 1, 2014 and served as its President since February 2013 until 2018. Mr. Colella over  ...
CEO Compensation Analysis
Compensation vs Market: Jerry's total compensation ($USD10.26M) is above average for companies of similar size in the US market ($USD6.70M).
Compensation vs Earnings: Jerry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
0.9yrs
Average Tenure
58yo
Average Age
Experienced Management: MKSI's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Age and Tenure
4.7yrs
Average Tenure
61.5yo
Average Age
Experienced Board: MKSI's board of directors are considered experienced (4.7 years average tenure).
Insider Trading
Insider Buying: MKSI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 10,384 |
| Max Price | US$110.55 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP |
| Shares | 18,000 |
| Max Price | US$112.08 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 5,000 |
| Max Price | US$111.03 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 603 |
| Max Price | US$81.98 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 5,000 |
| Max Price | US$75.82 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 256 |
| Max Price | US$85.86 |
| Entity | Individual |
| Shares | 1,499 |
| Max Price | US$86.03 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Seth Bagshaw (59yo)
Senior VP
- Tenure: 9.9yrs
- Compensation: US$2.43m
Jim Schreiner (57yo)
Senior VP & COO
- Tenure: 0.3yrs
Kathleen Burke
Senior VP
- Tenure: 0yrs
Jerry Colella (62yo)
CEO & Director
- Tenure: 5.9yrs
- Compensation: US$10.26m
John T. Lee (56yo)
President
- Tenure: 1.6yrs
- Compensation: US$2.66m
Maryann Naddy
Senior Director of Corporate Marketing
- Tenure: 0yrs
David Ryzhik
Vice President of Investor Relations
- Tenure: 0.2yrs
Jennifer Reilly
Senior VP & Chief Human Resources Officer
- Tenure: 0.9yrs
Francis Tan
Senior Vice President of Strategic Development
- Tenure: 0.9yrs
Board Members
John Bertucci (78yo)
Non-Executive Chairman
- Tenure: 24.1yrs
- Compensation: US$341.10k
Greg Beecher (61yo)
Lead Director
- Tenure: 7.9yrs
- Compensation: US$292.25k
Michelle Warner (52yo)
Director
- Tenure: 0.6yrs
Jerry Colella (62yo)
CEO & Director
- Tenure: 5.9yrs
- Compensation: US$10.26m
Rick Hess (66yo)
Independent Director
- Tenure: 2.6yrs
- Compensation: US$245.50k
Elizabeth Mora (58yo)
Independent Director
- Tenure: 7.6yrs
- Compensation: US$270.00k
Raj Batra (51yo)
Independent Director
- Tenure: 1.2yrs
- Compensation: US$189.50k
Jacqueline Moloney (65yo)
Independent Director
- Tenure: 3.5yrs
- Compensation: US$255.50k
Company Information
MKS Instruments, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: MKS Instruments, Inc.
- Ticker: MKSI
- Exchange: NasdaqGS
- Founded: 1961
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$5.738b
- Shares outstanding: 54.51m
- Website: https://www.mksinst.com
Number of Employees
Location
- MKS Instruments, Inc.
- 2 Tech Drive
- Suite 201
- Andover
- Massachusetts
- 1810
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MKSI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Mar 1999 |
| MKT | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1999 |
| 0JWG | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Mar 1999 |
| MKSI * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Mar 1999 |
Biography
MKS Instruments, Inc. provides instruments, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. IÂ ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/09 23:39 |
| End of Day Share Price | 2019/12/09 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.