MKS Instruments, Inc.

NasdaqGS:MKSI Stock Report

Market Cap: US$4.5b

MKS Instruments Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
US$11.77
Fair Value
440.9% overvalued intrinsic discount
13
Number of Analysts

Below Fair Value: MKSI ($63.69) is trading above our estimate of fair value ($11.77)

Significantly Below Fair Value: MKSI is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MKSI. This is calculated by dividing MKSI's market cap by their current earnings.
What is MKSI's PE Ratio?
PE Ratio22.6x
EarningsUS$190.00m
Market CapUS$4.53b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MKSI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.4x
NVMI Nova
27.8x13.2%US$5.5b
AMKR Amkor Technology
11.3x22.3%US$4.2b
ONTO Onto Innovation
28.1x24.4%US$5.9b
CAMT Camtek
22.3x12.4%US$2.8b
MKSI MKS Instruments
22.6x27.9%US$4.5b

Price-To-Earnings vs Peers: MKSI is expensive based on its Price-To-Earnings Ratio (22.6x) compared to the peer average (22.4x).

Price to Earnings Ratio vs Industry

How does MKSI's PE Ratio compare vs other companies in the US Semiconductor Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SQNS Sequans Communications
0.8x-103.2%US$49.02m
CHJI China Changjiang Mining & New Energy Company
0.3xn/aUS$19.39k
MMAT.Q Meta Materials
n/an/aUS$66.00
No more companies available in this PE range
MKSI 22.6xIndustry Avg. 23.2xNo. of Companies9PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MKSI is good value based on its Price-To-Earnings Ratio (22.6x) compared to the US Semiconductor industry average (23.2x).

Price to Earnings Ratio vs Fair Ratio

What is MKSI'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.

MKSI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.6x
Fair PE Ratio31.3x

Price-To-Earnings vs Fair Ratio: MKSI is good value based on its Price-To-Earnings Ratio (22.6x) compared to the estimated Fair Price-To-Earnings Ratio (31.3x).

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 MKSI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$63.69
US$121.96
+91.5%
21.4%US$160.00US$70.00n/a13
Apr ’26US$80.27
US$133.72
+66.6%
10.1%US$160.00US$110.00n/a13
Mar ’26US$91.82
US$133.72
+45.6%
10.1%US$160.00US$110.00n/a13
Feb ’26US$113.28
US$138.24
+22.0%
9.3%US$160.00US$119.34n/a14
Jan ’26US$104.39
US$139.31
+33.5%
9.1%US$160.00US$119.34n/a14
Dec ’25US$113.64
US$139.26
+22.5%
9.6%US$160.00US$119.34n/a13
Nov ’25US$100.60
US$136.36
+35.6%
11.8%US$160.00US$110.00n/a11
Oct ’25US$104.52
US$138.50
+32.5%
10.8%US$160.00US$120.00n/a10
Sep ’25US$119.23
US$142.33
+19.4%
9.7%US$160.00US$120.00n/a9
Aug ’25US$114.75
US$149.75
+30.5%
6.3%US$160.00US$135.00n/a8
Jul ’25US$129.49
US$146.86
+13.4%
5.4%US$160.00US$135.00n/a7
Jun ’25US$126.59
US$139.71
+10.4%
12.3%US$153.00US$100.00n/a7
May ’25US$115.14
US$125.86
+9.3%
9.7%US$140.00US$100.00n/a7
Apr ’25US$132.57
US$125.14
-5.6%
10.1%US$140.00US$100.00US$80.277
Mar ’25US$126.53
US$125.14
-1.1%
10.1%US$140.00US$100.00US$91.827
Feb ’25US$108.25
US$100.14
-7.5%
12.4%US$120.00US$85.00US$113.287
Jan ’25US$102.87
US$92.71
-9.9%
13.5%US$115.00US$72.00US$104.397
Dec ’24US$84.19
US$91.29
+8.4%
13.3%US$115.00US$72.00US$113.647
Nov ’24US$65.80
US$109.00
+65.7%
7.0%US$115.00US$92.00US$100.607
Oct ’24US$86.54
US$112.29
+29.8%
3.0%US$115.00US$105.00US$104.527
Sep ’24US$100.81
US$112.29
+11.4%
3.0%US$115.00US$105.00US$119.237
Aug ’24US$107.63
US$111.57
+3.7%
2.9%US$115.00US$105.00US$114.757
Jul ’24US$108.10
US$109.43
+1.2%
7.5%US$115.00US$90.00US$129.497
Jun ’24US$99.15
US$106.57
+7.5%
7.8%US$115.00US$90.00US$126.597
May ’24US$83.98
US$109.00
+29.8%
8.5%US$115.00US$90.00US$115.147
Apr ’24US$88.62
US$110.38
+24.5%
6.1%US$115.00US$95.00US$132.578
AnalystConsensusTarget
Consensus Narrative from 13 Analysts
US$121.96
Fair Value
47.8% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/16 21:28
End of Day Share Price 2025/04/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

MKS Instruments, Inc. is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MuseBarclays
Mark MillerBenchmark Company
Paretosh MisraBerenberg