Photronics Inc
Research Photronics Inc (PLAB) on Bullrun: valuation model: 32.7% undervalued, market cap USD 1.70B, P/E 10.3. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerPLAB
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySemiconductor Equipment & Materials
- CurrencyUSD
- Valuation signal32.7% undervalued
- Market capUSD 1.70B
- P/E10.3
- Financial periodQ3 2026
- RevenueUSD 216.05M
- Net incomeUSD 28.92M
- Free cash flowUSD 39.35M
- Gross margin33.2%
Valuation Snapshot
Bullrun's latest valuation model marks Photronics Inc as 32.7% undervalued; latest market cap is USD 1.70B; P/E is 10.3.
Peer valuation comparison
Latest P/E is 10.34x versus a Technology sector median of 28.7x (64.0% below).
Latest P/E is 10.34x versus a United States median of 23.75x (56.5% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 849.29M | USD 136.41M | USD 59.66M | 35.3% | 2.28 | USD 492.26M | USD 5.96M | USD 1.17B |
| FY2024 | USD 866.95M | USD 130.69M | USD 130.50M | 36.4% | 2.09 | USD 598.49M | USD 22.96M | USD 1.12B |
| FY2023 | USD 892.08M | USD 125.49M | USD 170.88M | 37.7% | 2.03 | USD 499.29M | USD 30.75M | USD 975.01M |
| FY2022 | USD 824.55M | USD 118.79M | USD 162.85M | 35.7% | 1.94 | USD 319.68M | USD 42.33M | USD 831.53M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 1.70B | 10.3 | n/a | n/a |
| 2025 | 2025-12-31 | USD 1.89B | 14.0 | n/a | n/a |
| 2024 | 2024-12-31 | USD 1.49B | 11.3 | n/a | n/a |
| 2023 | 2023-12-29 | USD 1.96B | 15.5 | n/a | n/a |
| 2022 | 2022-12-30 | USD 1.04B | 8.7 | n/a | n/a |
| 2021 | 2021-12-31 | USD 1.15B | 20.9 | n/a | n/a |
About Photronics Inc
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company also provides electrical and optical components.
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Frequently asked questions
Is Photronics Inc overvalued or undervalued?
Bullrun's valuation model currently marks Photronics Inc as 32.7% undervalued.
What is Photronics Inc's market cap?
Photronics Inc's market capitalization is USD 1.70B.
What is Photronics Inc's P/E ratio?
Photronics Inc's price-to-earnings (P/E) ratio is 10.3.
What does Photronics Inc do?
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company also provides electrical and optical components. It sells its products to semiconductor and FPD designers, manufacturers, and foundries through its sales personnel and customer service representatives.