MKS Instruments
Market Cap
US$9.0b
Last Updated
2021/07/23 02:51 UTC
Data Sources
Company Financials +
Executive Summary
MKS Instruments, Inc. provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with excellent 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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MKSI's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
MKSI
1.6%
US Semiconductor
0.4%
US Market
1 Year Return
31.6%
MKSI
53.1%
US Semiconductor
36.9%
US Market
Return vs Industry: MKSI underperformed the US Semiconductor industry which returned 51.7% over the past year.
Return vs Market: MKSI underperformed the US Market which returned 35.1% over the past year.
Shareholder returns
| MKSI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 1.6% | 0.4% |
| 30 Day | -4.1% | 2.3% | 1.6% |
| 90 Day | -12.2% | 4.1% | 2.7% |
| 1 Year | 32.3%31.6% | 55.3%53.1% | 39.1%36.9% |
| 3 Year | 79.8%75.6% | 122.6%111.4% | 61.0%51.0% |
| 5 Year | 260.0%245.1% | 292.9%255.9% | 122.5%97.8% |
Long-Term 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
4 days ago | Simply Wall St
Is MKS Instruments, Inc. (NASDAQ:MKSI) Potentially Undervalued?3 weeks ago | Simply Wall St
These 4 Measures Indicate That MKS Instruments (NASDAQ:MKSI) Is Using Debt Safely1 month ago | Simply Wall St
MKS Instruments, Inc.'s (NASDAQ:MKSI) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?Valuation
Is MKS Instruments undervalued compared to its fair value and its price relative to the market?
23.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MKSI ($162.75) is trading below our estimate of fair value ($213.65)
Significantly Below Fair Value: MKSI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MKSI is good value based on its PE Ratio (22.3x) compared to the US Semiconductor industry average (34.2x).
PE vs Market: MKSI is poor value based on its PE Ratio (22.3x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: MKSI is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: MKSI is good value based on its PB Ratio (3.6x) compared to the US Semiconductor industry average (4.6x).
Future Growth
How is MKS Instruments forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
14.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MKSI's forecast earnings growth (14.4% per year) is above the savings rate (2%).
Earnings vs Market: MKSI's earnings (14.4% per year) are forecast to grow slower than the US market (15.1% per year).
High Growth Earnings: MKSI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MKSI's revenue (7.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: MKSI's revenue (7.3% 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 (18.1%).
Past Performance
How has MKS Instruments performed over the past 5 years?
13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MKSI has high quality earnings.
Growing Profit Margin: MKSI's current net profit margins (16.2%) are higher than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: MKSI's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: MKSI's earnings growth over the past year (104.7%) exceeds its 5-year average (13.2% per year).
Earnings vs Industry: MKSI earnings growth over the past year (104.7%) exceeded the Semiconductor industry 51.1%.
Return on Equity
High ROE: MKSI's Return on Equity (16.3%) is considered low.
Financial Health
How is MKS Instruments's financial position?
Financial Position Analysis
Short Term Liabilities: MKSI's short term assets ($1.9B) exceed its short term liabilities ($371.9M).
Long Term Liabilities: MKSI's short term assets ($1.9B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: MKSI's debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: MKSI's debt to equity ratio has increased from 0.7% to 33.7% over the past 5 years.
Debt Coverage: MKSI's debt is well covered by operating cash flow (67.8%).
Interest Coverage: MKSI's interest payments on its debt are well covered by EBIT (21.1x coverage).
Balance Sheet
Dividend
What is MKS Instruments's current dividend yield, its reliability and sustainability?
0.49%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MKSI's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: MKSI's dividend (0.49%) is low compared to the top 25% of dividend payers in the US market (3.52%).
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
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
John T. Lee (58 yo)
1.5yrs
Tenure
US$6,127,026
Compensation
Dr. John T. C. Lee has been the President of MKS Instruments, Inc. since May 2018 and Chief Executive Officer and Director since January 1, 2020. Dr. Lee served as the Chief Operating Officer at MKS Instru...
CEO Compensation Analysis
Compensation vs Market: John T.'s total compensation ($USD6.13M) is about average for companies of similar size in the US market ($USD6.41M).
Compensation vs Earnings: John T.'s compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: MKSI's management team is considered experienced (2.2 years average tenure).
Board Members
Experienced Board: MKSI's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MKSI insiders have only sold shares 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
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$9.024b
- Shares outstanding: 55.45m
- Website: https://www.mksinst.com
Number of Employees
Location
- MKS Instruments, Inc.
- 2 Tech Drive
- Suite 201
- Andover
- Massachusetts
- 1810
- United States
Listings
Biography
MKS Instruments, Inc. provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes wor...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/23 02:51 |
| End of Day Share Price | 2021/07/22 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.