— Know what they know.
Not Investment Advice

PLAB NASDAQ

Photronics, Inc.
1W: +3.6% 1M: +13.0% 3M: +7.8% YTD: -5.8% 1Y: +35.1% 3Y: +59.6% 5Y: +123.3%
$31.49
+0.66 (+2.14%)
 
Weekly Expected Move ±5.2%
$28 $30 $31 $33 $35
NASDAQ · Technology · Semiconductors · Tech Score Buy · Power 61 · $1.9B mcap · 57M float · 2.64% daily turnover · Short 60% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NO EDGE
29.2 / 100
NoneWeakNarrowWide
Primary source: Efficient Scale  ·  ROIC: 27.8%  ·  5Y Avg: 32.8%
Cost Advantage
12
Intangibles
14
Switching Cost
30
Network Effect
40
Scale ★
65
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. PLAB has No discernible competitive edge (29.2/100). The business operates without significant structural advantages. The primary source of advantage is Efficient Scale. ROIC of 27.8% confirms the company is generating returns well above its cost of capital — a hallmark of durable competitive advantages.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$0
Low
$48
Avg Target
$48
High
Based on 4 analyst ratings (12 mo)
Analyst Recommendations
Strong Buy: 0Buy: 7Hold: 2Sell: 2Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$47.50
Analysts4
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-05-01 Lake Street Max Michaelis Initiated $55 — +9.0% $50.47
2026-03-03 Craig-Hallum Christian Schwab $42 $48 +6 +35.7% $35.37
2025-12-11 Craig-Hallum — Initiated $42 — +10.7% $37.94
2025-12-11 D.A. Davidson — $30 $45 +15 +15.7% $38.91
2022-05-26 D.A. Davidson — Initiated $30 — +51.2% $19.84
2022-04-11 Stifel Nicolaus Patrick Ho Initiated $21 — +33.6% $15.72

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

A
Oct 02, 2026
DCF
4
ROE
3
ROA
4
D/E
3
P/E
4
P/B
4
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. PLAB receives an overall rating of A. Strongest factors: DCF (4/5), ROA (4/5), P/E (4/5), P/B (4/5).
Rating Change History
DateFromTo
2026-10-01 A+ A
2026-08-31 A A+
2026-05-28 A+ A
2026-05-26 A A+
2026-04-30 A- A
2026-04-01 A A-
2026-03-24 A- A
2026-03-19 A A-
2026-03-16 A- A
2026-03-10 A A-

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 72 Grade A
Profitability
53
Balance Sheet
95
Earnings Quality
63
Growth
58
Value
84
Momentum
86
Safety
100
Cash Flow
75
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. PLAB scores highest in Safety (100/100) and lowest in Profitability (53/100). An overall grade of A places PLAB among the highest-quality companies in its peer group.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
6.27
Safe Zone
Piotroski F-Score
5/9
✓ ✓ ✓ ✓ ✗ ✗ ✓ ✗ ✗
Beneish M-Score
-2.70
Unlikely Manipulator
Ohlson O-Score
-12.42
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AA
Score: 89.5/100
Trend: Deteriorating
Earnings Quality
75/100
OCF/NI: 1.87x
Accruals: -7.7%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. PLAB scores 6.27, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. PLAB scores 5/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. PLAB's score of -2.70 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. PLAB's implied 0.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. PLAB receives an estimated rating of AA (score: 89.5/100), with a deteriorating trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). PLAB's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
11.05x
PEG
0.18x
P/S
2.14x
P/B
1.43x
P/FCF
16.11x
P/OCF
5.77x
EV/EBITDA
3.28x
EV/Revenue
1.28x
EV/EBIT
4.28x
EV/FCF
10.05x
Earnings Yield
9.28%
FCF Yield
6.21%
Shareholder Yield
0.00%
Graham Number
$37.14
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 11.0x earnings, PLAB trades at a reasonable valuation. An earnings yield of 9.3% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $37.14 per share, suggesting a potential 18% margin of safety at the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.637
NI / EBT
×
Interest Burden
1.000
EBT / EBIT
×
EBIT Margin
0.299
EBIT / Rev
×
Asset Turnover
0.463
Rev / Assets
×
Equity Multiplier
1.556
Assets / Equity
=
ROE
13.7%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. PLAB's ROE of 13.7% is driven by Asset Turnover (0.463), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
3.87%
Fair P/E
16.24x
Intrinsic Value
$45.66
Price/Value
0.66x
Margin of Safety
33.66%
Premium
-33.66%
Assessment
Neutral
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with PLAB's realized 3.9% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. PLAB trades at a -34% premium to its adjusted intrinsic value of $45.66, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 16.2x compares to the current market P/E of 11.0x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$31.49
Median 1Y
$32.29
5th Pctile
$12.80
95th Pctile
$81.01
Ann. Volatility
56.1%
25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
George C. Macricostas
Chairman of the Board and Chief Executive Officer
$492,404 $3,773,012 $4,985,316
Frank Lee –
resident – PDMC and former Chief Executive Officer
$783,832 $1,929,600 $3,222,906
Eric Rivera Financial
Vice President and Chief Financial Officer
$410,789 $1,342,160 $2,144,733
David Wang President,
e President, COO of IC Operations
$332,625 $916,560 $1,498,436
H.K. Park Manager
Vice President and General Manager of FPD Operations
$324,164 $916,560 $1,446,276
Christopher J. Progler
​ Executive Vice President, Chief Technology Officer, Strategic Planning
$445,805 $675,360 $1,148,628

CEO Pay Ratio

126:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $4,985,316
Avg Employee Cost (SGA/emp): $39,636
Employees: 1,908

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
1,908
+1.6% YoY
Revenue / Employee
$445,123
Rev: $849,294,000
Profit / Employee
$71,491
NI: $136,405,000
SGA / Employee
$39,636
Avg labor cost proxy
R&D / Employee
$8,283
Innovation spend

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
ROE 6.8% 8.5% 12.7% 16.5% 20.9% 18.6% 20.1% 17.2% 16.0% 16.2% 13.7% 13.9% 12.5% 13.7% 11.2% 9.9% 11.9% 11.7% 13.6% 13.7% 13.72%
ROA 4.5% 5.5% 8.1% 10.5% 13.3% 11.8% 12.8% 10.9% 10.2% 10.4% 8.8% 9.0% 8.1% 9.0% 7.3% 6.4% 7.8% 7.6% 8.8% 8.8% 8.82%
ROIC 11.0% 14.9% 19.5% 23.8% 25.4% 24.8% 28.3% 33.4% 38.2% 36.1% 36.5% 35.8% 32.7% 33.2% 30.3% 29.2% 30.2% 32.2% 28.2% 27.8% 27.76%
ROCE 9.5% 11.9% 15.1% 18.0% 21.5% 19.2% 20.7% 19.7% 20.2% 20.2% 19.8% 19.0% 16.3% 17.6% 14.7% 12.8% 13.5% 12.9% 13.9% 14.5% 14.45%
Gross Margin 28.7% 31.5% 35.7% 38.1% 38.2% 36.0% 38.6% 38.7% 37.3% 36.6% 36.5% 35.6% 37.0% 35.6% 36.9% 33.7% 35.0% 35.0% 31.3% 33.2% 33.20%
Operating Margin 18.5% 20.1% 25.5% 20.0% 19.7% 26.5% 29.2% 29.1% 28.5% 26.6% 25.8% 24.7% 25.1% 24.6% 26.4% 22.9% 24.3% 24.3% 20.1% 21.1% 21.06%
Net Margin 10.9% 12.2% 22.2% 22.4% 26.3% 6.6% 25.8% 12.0% 19.6% 12.1% 16.7% 16.3% 15.2% 20.2% 4.2% 10.9% 28.6% 19.1% 15.0% 13.4% 13.38%
EBITDA Margin 32.8% 34.0% 24.2% 39.9% 43.2% 28.8% 43.9% 37.9% 46.1% 34.5% 44.9% 39.1% 34.2% 46.2% 23.5% 27.4% 43.7% 41.9% 35.2% 35.1% 35.12%
FCF Margin 6.3% 10.4% 16.8% 21.4% 19.8% 14.1% 16.8% 14.9% 19.2% 19.2% 19.6% 18.3% 15.1% 20.4% 10.5% 7.5% 7.0% 7.6% 11.2% 12.7% 12.73%
OCF Margin 22.7% 26.2% 26.2% 29.4% 33.4% 28.8% 32.3% 31.4% 33.9% 35.2% 35.1% 34.4% 30.2% 34.6% 29.6% 26.7% 29.2% 30.9% 32.8% 35.6% 35.58%
ROE 3Y Avg snapshot only 11.92%
ROE 5Y Avg snapshot only 13.62%
ROA 3Y Avg snapshot only 7.69%
ROIC 3Y Avg snapshot only 24.22%
ROIC Economic snapshot only 13.40%
Cash ROA snapshot only 15.49%
Cash ROIC snapshot only 50.42%
CROIC snapshot only 18.04%
NOPAT Margin snapshot only 19.59%
Pretax Margin snapshot only 29.90%
R&D / Revenue snapshot only 1.42%
SGA / Revenue snapshot only 9.76%
SBC / Revenue snapshot only 1.59%
Valuation
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
P/E Ratio 14.27 14.99 8.70 10.61 5.75 7.06 5.00 10.46 7.87 11.95 13.17 11.31 10.88 9.78 9.77 11.05 10.16 14.79 18.47 10.77 11.049
P/S Ratio 1.19 1.51 1.23 1.83 1.21 1.37 1.02 1.86 1.28 2.09 1.99 1.83 1.64 1.67 1.37 1.40 1.63 2.34 3.41 2.05 2.142
P/B Ratio 0.96 1.26 1.10 1.72 1.20 1.26 0.96 1.69 1.17 1.84 1.71 1.50 1.27 1.28 1.06 1.06 1.18 1.67 2.37 1.39 1.431
P/FCF 19.06 14.53 7.32 8.56 6.11 9.68 6.08 12.50 6.67 10.88 10.17 10.03 10.90 8.20 13.02 18.57 23.26 30.62 30.52 16.11 16.113
P/OCF 5.25 5.75 4.68 6.25 3.62 4.75 3.16 5.92 3.77 5.94 5.68 5.34 5.44 4.83 4.63 5.25 5.59 7.57 10.41 5.77 5.766
EV/EBITDA 3.22 3.75 2.93 4.35 2.33 2.83 1.48 3.49 1.86 3.78 3.39 2.82 2.43 2.26 2.00 2.22 2.68 4.67 7.20 3.28 3.279
EV/Revenue 0.95 1.20 0.90 1.43 0.83 0.97 0.58 1.34 0.73 1.54 1.39 1.16 0.93 0.93 0.72 0.73 0.95 1.60 2.68 1.28 1.280
EV/EBIT 5.98 6.16 3.88 5.47 2.83 3.42 1.93 4.55 2.42 4.88 4.40 3.66 3.24 2.94 2.72 3.09 3.62 6.30 9.48 4.28 4.281
EV/FCF 15.22 11.54 5.35 6.66 4.19 6.84 3.45 9.05 3.83 8.00 7.07 6.35 6.17 4.56 6.82 9.65 13.49 20.96 23.94 10.05 10.053
Earnings Yield 7.0% 6.7% 11.5% 9.4% 17.4% 14.2% 20.0% 9.6% 12.7% 8.4% 7.6% 8.8% 9.2% 10.2% 10.2% 9.0% 9.8% 6.8% 5.4% 9.3% 9.28%
FCF Yield 5.2% 6.9% 13.7% 11.7% 16.4% 10.3% 16.5% 8.0% 15.0% 9.2% 9.8% 10.0% 9.2% 12.2% 7.7% 5.4% 4.3% 3.3% 3.3% 6.2% 6.21%
PEG Ratio snapshot only 0.181
Price/Tangible Book snapshot only 1.389
EV/OCF snapshot only 3.598
EV/Gross Profit snapshot only 3.804
Acquirers Multiple snapshot only 5.695
Shareholder Yield snapshot only 0.00%
Graham Number snapshot only $37.14
Leverage & Solvency
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Current Ratio 3.13 3.13 3.42 3.44 3.33 3.52 3.89 4.05 4.24 4.36 4.32 4.67 5.07 5.66 5.13 4.99 5.37 4.58 5.05 4.94 4.941
Quick Ratio 2.81 2.80 3.10 3.18 3.06 3.25 3.59 3.76 3.97 4.09 4.04 4.38 4.76 5.31 4.76 4.62 4.99 4.28 4.69 4.61 4.613
Debt/Equity 0.14 0.12 0.10 0.07 0.05 0.04 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.003
Net Debt/Equity -0.19 -0.26 -0.29 -0.38 -0.38 -0.37 -0.41 -0.47 -0.50 -0.49 -0.52 -0.55 -0.55 -0.57 -0.51 -0.51 -0.50 -0.53 -0.51 -0.52 -0.522
Debt/Assets 0.09 0.07 0.06 0.04 0.03 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.002
Debt/EBITDA 0.60 0.43 0.36 0.22 0.16 0.12 0.08 0.08 0.08 0.06 0.06 0.06 0.07 0.01 0.00 0.00 0.02 0.00 0.01 0.01 0.012
Net Debt/EBITDA -0.81 -0.97 -1.08 -1.24 -1.07 -1.18 -1.13 -1.33 -1.38 -1.36 -1.49 -1.63 -1.87 -1.81 -1.82 -2.05 -1.94 -2.15 -1.98 -1.98 -1.977
Interest Coverage 36.07 45.37 57.56 80.93 128.69 229.08 222.82 380.18 623.00 615.72 640.37 753.22 744.63 934.98 1217.94 1133.15 2112.74 3714.68 4340.86 51845.40 51845.400
Equity Multiplier 1.57 1.59 1.59 1.59 1.58 1.57 1.56 1.56 1.57 1.55 1.55 1.54 1.53 1.51 1.55 1.56 1.54 1.57 1.56 1.55 1.554
Cash Ratio snapshot only 3.410
Debt Service Coverage snapshot only 67683.200
Cash to Debt snapshot only 172.826
FCF to Debt snapshot only 28.354
Defensive Interval snapshot only 3241.7 days
Efficiency & Turnover
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Asset Turnover 0.53 0.55 0.57 0.60 0.63 0.61 0.63 0.61 0.63 0.59 0.58 0.55 0.54 0.52 0.52 0.50 0.48 0.48 0.47 0.46 0.463
Inventory Turnover 8.83 8.53 8.99 10.19 9.96 9.28 9.56 10.28 11.04 10.78 10.16 9.98 10.35 10.17 9.46 9.24 9.29 9.30 8.84 8.97 8.969
Receivables Turnover 4.30 4.52 4.37 4.45 4.25 4.32 4.30 4.24 4.36 4.11 4.17 4.60 4.26 4.73 4.58 4.71 4.04 4.95 4.88 4.58 4.579
Payables Turnover 7.10 6.09 6.39 6.68 6.55 5.93 6.34 5.91 6.80 6.50 5.92 5.81 6.77 6.37 5.93 5.80 6.74 5.66 5.78 3.92 3.916
DSO 85 81 84 82 86 84 85 86 84 89 87 79 86 77 80 77 90 74 75 80 79.7 days
DIO 41 43 41 36 37 39 38 36 33 34 36 37 35 36 39 40 39 39 41 41 40.7 days
DPO 51 60 57 55 56 62 58 62 54 56 62 63 54 57 62 63 54 64 63 93 93.2 days
Cash Conversion Cycle 75 64 67 63 67 62 65 60 63 66 62 53 67 56 57 54 76 48 53 27 27.2 days
Fixed Asset Turnover snapshot only 0.908
Operating Cycle snapshot only 120.4 days
Cash Velocity snapshot only 1.288
Capital Intensity snapshot only 2.297
Growth (YoY)
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Revenue 8.9% 16.5% 20.6% 25.9% 24.2% 20.6% 16.7% 10.0% 8.2% 6.1% 1.7% -0.4% -2.8% -3.9% -3.2% -1.8% -2.0% -0.1% 0.5% 1.2% 1.25%
Net Income 64.0% 1.2% 1.9% 2.3% 2.1% 1.3% 68.7% 13.0% -16.3% -4.2% -24.6% -9.0% -9.8% -6.2% -10.5% -23.3% 4.4% -7.4% 32.6% 52.2% 52.19%
EPS 74.3% 1.3% 2.0% 2.3% 2.1% 1.3% 67.7% 11.8% -17.2% -5.5% -25.7% -9.7% -10.2% -6.7% -8.4% -21.0% 12.3% -0.6% 38.0% 57.0% 56.98%
FCF -42.4% 13.9% 3.9% 2.3% 2.9% 64.3% 16.8% -23.7% 4.9% 44.4% 18.7% 22.7% -23.6% 1.8% -48.2% -59.5% -54.4% -62.5% 7.0% 71.0% 71.01%
EBITDA 23.5% 49.7% 44.6% 51.8% 49.2% 29.1% 48.5% 29.0% 20.0% 26.4% 6.4% 6.6% -5.9% -3.0% -15.4% -21.8% -9.4% -16.5% 4.6% 20.4% 20.36%
Op. Income 47.9% 1.0% 1.3% 1.2% 85.8% 59.9% 36.8% 36.9% 44.1% 31.6% 16.9% 0.3% -12.5% -15.1% -11.3% -8.0% -5.9% -2.4% -8.5% -8.0% -8.05%
OCF Growth snapshot only 35.07%
Asset Growth snapshot only 13.58%
Equity Growth snapshot only 13.78%
Debt Growth snapshot only 143.19%
Shares Change snapshot only -3.05%
Growth (CAGR)
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Revenue 3Y 7.4% 9.3% 11.6% 13.9% 14.4% 13.0% 13.4% 12.4% 13.5% 14.2% 12.7% 11.3% 9.3% 7.1% 4.7% 2.5% 1.0% 0.6% -0.4% -0.3% -0.31%
Revenue 5Y 6.5% 8.7% 10.7% 12.7% 12.8% 12.7% 12.3% 11.3% 10.8% 10.8% 10.5% 10.1% 9.5% 8.1% 7.5% 6.8% 6.9% 7.4% 6.8% 6.5% 6.53%
EPS 3Y 17.0% 23.2% 45.8% 66.1% 84.9% 72.0% 79.6% 64.1% 64.7% 71.4% 55.4% 49.0% 32.0% 26.7% 4.5% -7.2% -5.8% -4.3% -2.0% 3.9% 3.87%
EPS 5Y 6.3% 24.1% 47.6% 64.3% 71.6% 61.0% 53.0% 40.1% 32.6% 32.5% 31.0% 35.9% 36.3% 35.0% 31.6% 25.8% 35.1% 36.1% 36.5% 32.7% 32.66%
Net Income 3Y 9.7% 19.4% 39.0% 61.6% 79.7% 67.6% 76.0% 61.3% 62.4% 70.7% 55.3% 49.8% 33.1% 27.9% 4.4% -7.6% -7.6% -5.9% -3.6% 2.0% 2.02%
Net Income 5Y 3.7% 21.0% 43.9% 60.3% 67.5% 57.2% 46.9% 34.8% 28.1% 30.5% 27.8% 34.1% 34.4% 33.4% 29.7% 24.0% 32.2% 34.0% 34.8% 31.4% 31.43%
EBITDA 3Y 7.3% 13.5% 16.5% 23.8% 29.1% 23.3% 29.6% 27.6% 30.3% 34.7% 31.7% 27.8% 19.0% 16.5% 10.2% 2.5% 0.8% 0.8% -2.0% 0.1% 0.12%
EBITDA 5Y 9.7% 16.8% 25.6% 32.3% 30.8% 23.1% 19.8% 17.1% 17.2% 19.0% 20.1% 21.1% 19.4% 18.1% 14.4% 11.6% 13.5% 14.6% 15.1% 14.5% 14.48%
Gross Profit 3Y 8.3% 14.8% 23.2% 31.5% 34.9% 34.3% 34.9% 33.0% 35.7% 37.5% 33.3% 29.4% 23.7% 16.7% 10.6% 4.5% 0.3% -1.1% -4.0% -4.2% -4.18%
Gross Profit 5Y 7.1% 13.1% 19.3% 25.8% 26.6% 26.7% 24.8% 22.0% 20.6% 21.2% 21.8% 21.9% 21.2% 19.3% 18.4% 16.8% 17.4% 18.3% 15.8% 14.7% 14.69%
Op. Income 3Y 12.9% 25.1% 39.8% 51.1% 49.9% 47.4% 48.3% 48.3% 58.2% 62.4% 53.4% 44.7% 32.8% 21.3% 12.3% 8.1% 5.9% 2.9% -1.8% -5.3% -5.34%
Op. Income 5Y 12.5% 22.7% 34.7% 46.6% 40.7% 40.7% 36.0% 30.8% 31.0% 32.7% 34.3% 36.5% 33.5% 29.1% 27.6% 24.6% 26.7% 28.9% 24.0% 20.7% 20.71%
FCF 3Y 3.0% — — — — 46.7% 28.7% 21.3% 33.3% 39.3% 89.3% 46.1% 46.5% 34.2% -10.4% -27.7% -28.5% -18.0% -13.0% -5.3% -5.31%
FCF 5Y -10.4% 0.2% 10.9% 23.0% 1.0% 1.1% — — 35.1% — — — — 35.9% 5.6% -2.4% -3.7% 0.6% 30.3% 16.6% 16.64%
OCF 3Y 4.9% 31.7% 29.4% 51.5% 56.5% 26.0% 27.6% 29.5% 28.3% 31.6% 30.4% 19.0% 20.1% 17.6% 9.0% -0.8% -3.4% 3.0% 0.1% 3.9% 3.92%
OCF 5Y 4.3% 10.7% 13.5% 17.4% 23.2% 20.4% 26.2% 20.1% 18.3% 31.5% 28.0% 34.9% 29.5% 19.6% 13.3% 12.5% 11.6% 14.0% 15.1% 11.6% 11.64%
Assets 3Y 5.3% 5.2% 7.1% 6.6% 5.6% 8.6% 8.6% 7.9% 8.7% 8.7% 8.2% 8.7% 9.8% 8.5% 8.5% 9.1% 11.1% 9.7% 10.0% 9.8% 9.81%
Assets 5Y 5.5% 6.2% 5.6% 6.0% 5.2% 5.9% 5.7% 6.7% 6.6% 6.7% 8.1% 8.1% 8.9% 8.7% 8.5% 7.9% 8.7% 9.1% 8.8% 9.2% 9.20%
Equity 3Y 2.7% 3.3% 3.1% 3.7% 2.6% 6.1% 6.5% 6.7% 6.6% 7.8% 8.0% 9.3% 10.8% 10.4% 9.6% 9.8% 12.2% 9.6% 10.2% 10.0% 10.04%
Book Value 3Y 9.6% 6.6% 8.2% 6.5% 5.6% 8.9% 8.7% 8.6% 8.1% 8.3% 8.1% 8.8% 9.9% 9.4% 9.7% 10.2% 14.3% 11.5% 12.0% 12.0% 12.04%
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Revenue Stability 0.94 0.95 0.94 0.92 0.93 0.92 0.93 0.92 0.92 0.93 0.94 0.92 0.90 0.87 0.83 0.78 0.68 0.66 0.60 0.62 0.620
Earnings Stability 0.12 0.55 0.61 0.61 0.60 0.66 0.72 0.75 0.68 0.76 0.73 0.80 0.67 0.79 0.57 0.48 0.48 0.55 0.44 0.37 0.373
Margin Stability 0.94 0.89 0.84 0.77 0.75 0.74 0.74 0.75 0.75 0.75 0.75 0.75 0.77 0.79 0.80 0.82 0.81 0.80 0.81 0.82 0.824
Rev. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.500
Earn. Growth Consistency 1.00 0.50 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.00 0.50 0.50 0.500
FCF Positive Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.95 0.93 0.98 0.90 0.96 0.96 0.98 0.96 0.91 0.98 0.97 0.87 0.50 0.500
Earnings Smoothness 0.52 0.24 0.01 0.00 0.00 0.20 0.49 0.88 0.82 0.96 0.72 0.91 0.90 0.94 0.89 0.74 0.96 0.92 0.72 0.59 0.586
ROE Trend 0.03 0.04 0.08 0.11 0.15 0.12 0.11 0.06 0.01 0.02 -0.03 -0.03 -0.06 -0.04 -0.05 -0.05 -0.02 -0.03 0.01 0.01 0.015
Gross Margin Trend 0.03 0.06 0.08 0.11 0.12 0.12 0.11 0.09 0.07 0.05 0.03 0.01 -0.00 -0.01 -0.01 -0.01 -0.02 -0.02 -0.03 -0.03 -0.025
FCF Margin Trend 0.10 0.02 0.09 0.11 0.11 0.04 0.06 0.00 0.06 0.07 0.03 0.00 -0.04 0.04 -0.08 -0.09 -0.10 -0.12 -0.04 -0.00 -0.002
Sustainable Growth Rate 6.8% 8.5% 12.7% 16.5% 20.9% 18.6% 20.1% 17.2% 16.0% 16.2% 13.7% 13.9% 12.5% 13.7% 11.2% 9.9% 11.9% 11.7% 13.6% 13.7% 13.72%
Internal Growth Rate 4.7% 5.8% 8.8% 11.7% 15.3% 13.4% 14.6% 12.2% 11.3% 11.6% 9.6% 9.9% 8.8% 9.8% 7.8% 6.8% 8.4% 8.2% 9.6% 9.7% 9.67%
Cash Flow Quality
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
OCF/Net Income 2.72 2.61 1.86 1.70 1.59 1.49 1.58 1.77 2.09 2.01 2.32 2.12 2.00 2.03 2.11 2.11 1.82 1.95 1.77 1.87 1.868
FCF/OCF 0.28 0.40 0.64 0.73 0.59 0.49 0.52 0.47 0.57 0.55 0.56 0.53 0.50 0.59 0.36 0.28 0.24 0.25 0.34 0.36 0.358
FCF/Net Income snapshot only 0.669
OCF/EBITDA snapshot only 0.911
CapEx/Revenue 16.5% 15.8% 9.5% 7.9% 13.6% 14.7% 15.5% 16.6% 14.7% 16.0% 15.5% 16.1% 15.1% 14.2% 19.1% 19.1% 22.2% 23.3% 21.6% 22.8% 22.85%
CapEx/Depreciation snapshot only 2.501
Accruals Ratio -0.08 -0.09 -0.07 -0.07 -0.08 -0.06 -0.07 -0.08 -0.11 -0.11 -0.12 -0.10 -0.08 -0.09 -0.08 -0.07 -0.06 -0.07 -0.07 -0.08 -0.077
Sloan Accruals snapshot only 0.001
Cash Flow Adequacy snapshot only 1.557
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
FCF Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Total Payout Ratio 87.0% 53.3% 26.1% 10.9% 0.0% 1.5% 1.4% 1.6% 0.0% 0.0% 0.0% 0.0% 0.0% 3.1% 63.9% 89.8% 71.4% 68.0% 13.0% 0.0% 0.00%
Div. Increase Streak — — — — — — — — — — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield 6.1% 3.6% 3.0% 1.0% 0.0% 0.2% 0.3% 0.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.3% 6.5% 8.1% 7.0% 4.6% 0.7% 0.0% 0.00%
Net Buyback Yield 6.1% 3.6% 2.9% 0.9% -0.2% 0.1% 0.1% 0.1% -0.1% -0.1% -0.1% -0.1% -0.1% 0.2% 6.5% 8.0% 7.0% 4.5% 0.6% -0.1% -0.08%
Total Shareholder Return 6.1% 3.6% 2.9% 0.9% -0.2% 0.1% 0.1% 0.1% -0.1% -0.1% -0.1% -0.1% -0.1% 0.2% 6.5% 8.0% 7.0% 4.5% 0.6% -0.1% -0.08%
DuPont Factors
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Tax Burden (NI/EBT) 0.54 0.53 0.61 0.66 0.72 0.68 0.68 0.60 0.54 0.56 0.48 0.51 0.53 0.54 0.54 0.54 0.62 0.62 0.65 0.64 0.637
Interest Burden (EBT/EBIT) 0.96 0.97 1.00 1.00 1.00 1.01 1.00 1.00 1.00 1.00 1.00 1.00 0.99 1.00 0.99 0.99 1.00 1.00 1.00 1.00 1.000
EBIT Margin 0.16 0.19 0.23 0.26 0.29 0.28 0.30 0.30 0.30 0.31 0.31 0.32 0.29 0.32 0.26 0.24 0.26 0.25 0.28 0.30 0.299
Asset Turnover 0.53 0.55 0.57 0.60 0.63 0.61 0.63 0.61 0.63 0.59 0.58 0.55 0.54 0.52 0.52 0.50 0.48 0.48 0.47 0.46 0.463
Equity Multiplier 1.52 1.55 1.57 1.58 1.58 1.58 1.58 1.57 1.57 1.56 1.56 1.55 1.55 1.53 1.55 1.55 1.53 1.54 1.55 1.56 1.556
Per Share
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
EPS (Diluted TTM) $0.91 $1.16 $1.72 $2.24 $2.82 $2.67 $2.89 $2.51 $2.33 $2.52 $2.15 $2.27 $2.09 $2.35 $1.97 $1.79 $2.35 $2.34 $2.72 $2.81 $2.81
Book Value/Share $13.52 $13.76 $13.68 $13.87 $13.55 $14.98 $15.09 $15.51 $15.71 $16.42 $16.58 $17.11 $17.97 $18.00 $18.06 $18.58 $20.24 $20.75 $21.19 $21.81 $29.97
Tangible Book/Share $13.51 $13.76 $13.68 $13.87 $13.59 $14.98 $15.09 $15.51 $15.71 $16.42 $16.58 $17.11 $17.97 $18.00 $18.06 $18.58 $20.24 $20.75 $21.19 $21.81 $21.81
Revenue/Share $10.90 $11.51 $12.20 $12.98 $13.43 $13.76 $14.15 $14.12 $14.37 $14.41 $14.18 $13.97 $13.90 $13.77 $14.05 $14.14 $14.65 $14.77 $14.70 $14.76 $14.90
FCF/Share $0.68 $1.19 $2.05 $2.78 $2.65 $1.94 $2.38 $2.10 $2.75 $2.77 $2.78 $2.56 $2.09 $2.80 $1.48 $1.07 $1.03 $1.13 $1.64 $1.88 $1.90
OCF/Share $2.48 $3.01 $3.20 $3.81 $4.48 $3.97 $4.58 $4.43 $4.87 $5.07 $4.98 $4.80 $4.19 $4.76 $4.16 $3.77 $4.27 $4.57 $4.82 $5.25 $5.30
Cash/Share $4.54 $5.16 $5.39 $6.21 $5.84 $6.08 $6.71 $7.68 $8.25 $8.37 $8.97 $9.72 $10.27 $10.25 $9.16 $9.51 $10.14 $10.91 $10.89 $11.46 $11.56
EBITDA/Share $3.22 $3.67 $3.74 $4.26 $4.77 $4.70 $5.53 $5.44 $5.66 $5.86 $5.80 $5.76 $5.30 $5.65 $5.02 $4.64 $5.16 $5.07 $5.47 $5.76 $5.76
Debt/Share $1.92 $1.59 $1.35 $0.94 $0.74 $0.55 $0.46 $0.43 $0.43 $0.38 $0.35 $0.32 $0.37 $0.04 $0.00 $0.00 $0.10 $0.00 $0.07 $0.07 $0.07
Net Debt/Share $-2.62 $-3.57 $-4.04 $-5.28 $-5.10 $-5.53 $-6.25 $-7.25 $-7.83 $-8.00 $-8.62 $-9.39 $-9.90 $-10.21 $-9.16 $-9.51 $-10.04 $-10.91 $-10.82 $-11.39 $-11.39
Academic Models
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — 6.269
Altman Z-Prime snapshot only 12.429
Piotroski F-Score 7 8 9 9 8 8 8 8 6 7 5 5 5 5 7 6 7 5 5 5 5
Beneish M-Score -2.78 -2.91 -2.80 -2.79 -3.09 -2.68 -2.84 -2.90 -3.01 -2.96 -3.02 -2.94 -2.71 -3.00 -2.79 -2.66 -2.49 -2.47 -2.58 -2.70 -2.701
Ohlson O-Score snapshot only -12.419
ROIC (Greenblatt) snapshot only 14.96%
Net-Net WC snapshot only $12.40
EVA snapshot only $108634531.89
Credit
Metric Trend Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Current
Credit Rating snapshot only AA
Credit Score 84.60 87.21 88.14 92.98 93.82 93.88 93.80 93.41 93.75 93.60 93.80 93.55 93.03 93.20 93.27 93.19 93.34 93.29 93.02 89.50 89.500
Credit Grade snapshot only 3
Credit Trend snapshot only -3.690
Implied Spread (bps) snapshot only 80.000
Industry Credit Rank snapshot only 64
Sector Credit Rank snapshot only 82

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms