MKS Instruments, Inc.

NasdaqGS:MKSI Stock Report

Market Cap: US$7.5b

MKS Instruments Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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$160.32
Fair Value
31.8% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: MKSI ($109.38) is trading below our estimate of fair value ($160.32)

Significantly Below Fair Value: MKSI is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for MKSI. This is calculated by dividing MKSI's market cap by their current revenue.
What is MKSI's PS Ratio?
PS Ratio2.1x
SalesUS$3.54b
Market CapUS$7.53b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for MKSI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.2x
NVMI Nova
11.9x13.0%US$7.4b
ENPH Enphase Energy
6.5x13.8%US$9.0b
AMKR Amkor Technology
0.9x5.6%US$6.1b
ONTO Onto Innovation
9.4x14.3%US$10.4b
MKSI MKS Instruments
2.1x7.6%US$7.5b

Price-To-Sales vs Peers: MKSI is good value based on its Price-To-Sales Ratio (2.1x) compared to the peer average (7.2x).

Price to Sales Ratio vs Industry

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

16 CompaniesPrice / SalesEstimated GrowthMarket Cap
UCTT Ultra Clean Holdings
0.9x10.2%US$1.75b
JKS JinkoSolar Holding
0.08x7.9%US$1.13b
PENG Penguin Solutions
0.9x11.8%US$1.11b
SEDG SolarEdge Technologies
0.8x17.3%US$855.34m
MKSI 2.1xIndustry Avg. 4.2xNo. of Companies16PS03.67.210.814.418+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MKSI is good value based on its Price-To-Sales Ratio (2.1x) compared to the US Semiconductor industry average (4.2x).

Price to Sales Ratio vs Fair Ratio

What is MKSI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MKSI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.1x
Fair PS Ratio4x

Price-To-Sales vs Fair Ratio: MKSI is good value based on its Price-To-Sales Ratio (2.1x) compared to the estimated Fair Price-To-Sales Ratio (4x).

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$109.38
US$138.24
+26.4%
9.3%US$160.00US$119.34n/a14
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$100.00n/a7
Mar ’25US$126.53
US$125.14
-1.1%
10.1%US$140.00US$100.00n/a7
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
Mar ’24US$94.55
US$110.00
+16.3%
8.2%US$125.00US$95.00US$126.538
Feb ’24US$109.07
US$104.29
-4.4%
7.4%US$115.00US$90.00US$108.257
Analyst Price Target
Consensus Narrative from 14 Analysts
US$138.24
Fair Value
20.9% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 23:15
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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. 14 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