KLAC

Nasdaq

KLA CORP

Information Technology, Semiconductor Materials & Equipment

$198.11

close 7 Aug 2026

+117.66%

52-week change

$258.93B

market cap

$83.22

$307.37

52-week range

Expected price

$823.07 – $1,005.97

Current price

$198.11

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)54.12x

P/S (TTM)19.07x

P/B40.78x

EV/EBITDA (TTM)41.88x

FCF yield (TTM)1.45%

PEG (TTM, GAAP)3.64

Context

P/E, own 5-year average259.96x

P/E, sector median37.34x*

Price at 5-year median P/E$916.68*

Indicated dividend yield0.46%

Forward — analyst consensus

Forward P/E (FY2027)36.36x*

Forward P/E (FY2028)30.25x

Forward PEG1.80*

Consensus EPS FY2027 (23 analysts)$5.45

EPS growth (FY2027→FY2028)20.21%

Revenue growth (FY2027)33.29%

Street view

Price target (mean)$230.85*

Target upside16.53%

Ratings (buy / hold / sell)18 / 11 / 0

FY2027 EPS revisions, 30d (up / down)9 / 2

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 6 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +14.04%10Y CAGR +17.87%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$198.11

Cash & equivalents$1.65B

Total debt$5.89B

Shares outstanding1.31B

Result

DCF price per share$128.68

Current price$198.11

Margin of safety-35.05%

PV of years 1–10$51.44B

PV of terminal value$120.98B

Equity value$168.18B

Market-implied growth+19.58%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2027	2028	2029	2030	2031	2032	2033	2034	2035	2036	Terminal
Growth, %											2.5
FCF	$4.30B	$4.90B	$5.59B	$6.37B	$7.27B	$8.29B	$9.45B	$10.78B	$12.29B	$14.01B	$261.18B
PV	$3.98B	$4.20B	$4.44B	$4.68B	$4.95B	$5.22B	$5.51B	$5.82B	$6.15B	$6.49B	$120.98B

period to 30 Jun 2026, filed 6 Aug 2026, close 7 Aug 2026