The company has a nice niche and is well positioned for the Chinese efforts to build their own chips industry and the coming evolution towards EUV. The company has industry leading margins and could very well increase payouts to shareholders pretty soon. The share valuation seems pretty reasonable, so we don’t see concerns from a […]
Entries Tagged as 'KLAC'
December 5th, 2017 · No Comments
December 4th, 2017 · No Comments
We compare four chip equipment makers on various metrics as there are really substantial differences in performance, growth and valuation. We try to tease out some tentative conclusions from this. One of these conclusions is that ASML Holdings is very richly valued compared to the other three, on metrics, there seems little to warrant that […]
August 2nd, 2017 · Comments Off on KLA-Tencor Is Firing On All Cylinders
The company is firing on all cylinders, its markets are growing, margins are expanding and it is gaining market share. The company also produces an astounding amount of free cash flow. There is still some upside in the shares, as they’re not expensive. Source: KLA-Tencor Is Firing On All Cylinders – KLA-Tencor Corporation (NASDAQ:KLAC) | […]