PLAB Share Price | Photronics, Inc. Stock Analysis & Recommendation

Q: Is Photronics, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Photronics, Inc. has changed from bullish to mildly bullish. The weekly MACD and Bollinger Bands are bullish, while the daily moving averages also indicate a bullish stance. However, the monthly KST is bearish, and both the Dow Theory and OBV show no trend. In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -3.99% compared to the S&P 500's 16.30%, and a one-year return of -2.42% against the S&P 500's 19.89%. Overall, the current technical stance is mildly bullish, but the stock is lagging behind its benchmark.

Q: Is Photronics, Inc. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Photronics, Inc. has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears undervalued, supported by a P/E ratio of 7, a Price to Book Value of 1.05, and an EV to EBITDA ratio of 2.13. In comparison, Littelfuse, Inc. has a significantly higher P/E ratio of 30.08, while Universal Display Corp. boasts an EV to EBITDA of 21.14, both suggesting that Photronics is priced more favorably relative to its peers.Despite a year-to-date return of 6.07%, which lags behind the S&P 500's 12.22%, Photronics has shown impressive long-term performance with a 5-year return of 145.84%, outperforming the S&P 500's 96.61%. This combination of attractive valuation ratios and competitive positioning among peers reinforces the conclusion that Photronics, Inc. is undervalued in the current market.

Q: How big is Photronics, Inc.?

Market Cap: As of Jun 18, Photronics, Inc. has a market capitalization of 1,106.77 million, categorizing it as a Small Cap company.Recent Quarterly Performance: For the latest four quarters, Photronics, Inc. reported net sales of 856.74 million and a net profit of 170.88 million.Balance Sheet Snapshot: As of Oct'24, the company reported shareholder's funds of 1,120.86 million and total assets of 1,712.06 million.

Q: What does Photronics, Inc. do?

Overview:Photronics, Inc. is a manufacturer of photomasks used in the electronics industry, specifically in the production of semiconductors and flat panel displays, and operates within the small-cap market segment.Financial Snapshot:Most recent Net Sales: 211 Million (Quarterly Results - Apr 2025) Most recent Net Profit: 24 Million (Quarterly Results - Apr 2025) Market-cap: USD 1,106.77 Million (Small Cap)Key Metrics:P/E: 7.00 Debt Equity: -0.51 Return on Equity: 15.52% Price to Book: 1.01Contact Details:Address: 15 Secor Rd, PO Box 5226 BROOKFIELD CT : 06804-5226 Tel: ['1 203 7759000', '1 203 7405610'] Website: https://www.photronics.com/

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

440.26 k

Shareholding (Apr 2026)

FII

10.17%

Held by 117 FIIs

DII

89.62%

Held by 64 DIIs

Promoter

0.21%

Is Photronics, Inc. technically bullish or bearish?

05-Nov-2025

As of October 31, 2025, Photronics, Inc. has a mildly bullish technical trend, with bullish indicators from the weekly MACD and Bollinger Bands, but it has underperformed the S&P 500 with a year-to-date return of -3.99% compared to 16.30%.

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Is Photronics, Inc. overvalued or undervalued?

20-Sep-2025

As of July 7, 2025, Photronics, Inc. is considered undervalued with an attractive valuation grade, supported by a low P/E ratio of 7 and strong long-term performance, despite a year-to-date return that lags behind the S&P 500.

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How big is Photronics, Inc.?

22-Jun-2025

As of Jun 18, Photronics, Inc. has a market capitalization of 1,106.77 million, with net sales of 856.74 million and a net profit of 170.88 million over the latest four quarters.

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What does Photronics, Inc. do?

22-Jun-2025

Photronics, Inc. manufactures photomasks for the semiconductor and flat panel display industries, operating in the small-cap market. As of April 2025, it reported net sales of $211 million and a net profit of $24 million, with a market cap of approximately $1.1 billion.

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Who are in the management team of Photronics, Inc.?

22-Jun-2025

As of March 2022, the management team of Photronics, Inc. includes Chairman and Founder Constantine Macricostas, CEO Peter Kirlin, Lead Independent Director Walter Fiederowicz, and several independent directors: George Macricostas, Daniel Liao, Mary Paladino, and Mitchell Tyson.

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

The company is Net-Debt Free

Healthy long term growth as Operating profit has grown by an annual rate 28.85%

Flat results in Apr 26

With ROE of 15.86%, it has a attractive valuation with a 1.93 Price to Book Value

High Institutional Holdings at 100%

Market Beating Performance

Mojo Parameters

Stock DNA

Industry

Electronics & Appliances

Market cap

USD 2,335 Million (Small Cap)

P/E

12.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.53

Return on Equity

15.86%

Price to Book

1.93

Revenue and Profits:

Net Sales:

210 Million

(Quarterly Results - Apr 2026)

Net Profit:

43 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-25.56%

6 Months

-6.0%

1 Year

67.28%

2 Years

29.34%

3 Years

37.37%

4 Years

55.6%

5 Years

133.75%

Photronics, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

7.45%

EBIT Growth (5y)

28.85%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.51

Sales to Capital Employed (avg)

0.79

Tax Ratio

23.78%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

34.20%

ROE (avg)

15.47%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.93

EV to EBIT

8.05

EV to EBITDA

5.90

EV to Capital Employed

2.96

EV to Sales

1.97

PEG Ratio

8.16

Dividend Yield

ROCE (Latest)

36.73%

ROE (Latest)

15.86%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Bullish

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Apr 2026

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 92 Schemes (54.81%)

Foreign Institutions

Held by 117 Foreign Institutions (10.17%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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Quarterly Results Snapshot (Consolidated) - Apr'26 - QoQ

Apr'26

Jan'26

Change(%)

Net Sales

209.90

225.10

-6.75%

Operating Profit (PBDIT) excl Other Income

62.20

74.60

-16.62%

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

43.30

60.20

-28.07%

Operating Profit Margin (Excl OI)

200.90%

243.50%

-4.26%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Apr 2026 is -6.75% vs 4.31% in Jan 2026

Consolidated Net Profit

QoQ Growth in quarter ended Apr 2026 is -28.07% vs -23.41% in Jan 2026

All Quarterly Results

Annual Results Snapshot (Consolidated) - Oct'25

Oct'25

Oct'24

Change(%)

Net Sales

849.30

866.90

-2.03%

Operating Profit (PBDIT) excl Other Income

286.00

304.40

-6.04%

Interest

0.10

0.30

-66.67%

Exceptional Items

0.00

Consolidate Net Profit

190.20

183.80

3.48%

Operating Profit Margin (Excl OI)

245.40%

255.60%

-1.02%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Oct 2025 is -2.03% vs -2.82% in Oct 2024

Consolidated Net Profit

YoY Growth in year ended Oct 2025 is 3.48% vs -7.92% in Oct 2024

All Annual Results

Company CV

About Photronics, Inc.

Photronics, Inc.

Electronics & Appliances

Photronics, Inc. is a manufacturer of photomasks, which are photographic quartz plates containing microscopic images of electronic circuits. As of October 30, 2016, the Company operated principally from nine manufacturing facilities: two located in Europe, three in Taiwan, one in Korea and three in the United States. Photomasks are used in the manufacture of semiconductors and flat panel displays (FPDs), and are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits (ICs), and a range of FPDs and other types of electrical and optical components. The Company offers reticle and photomask maintenance, including pellicle replacement, mask cleaning and re-certification, at all its sites across the world. Its products include Mature Binary, Advanced Binary Reticles, Phase Shift Masks-Embedded Attenuated Phase Shift Masks (EAPSM), Other Advanced Products and Large Area Masks.

Company Coordinates

Company Details

15 Secor Rd, PO Box 5226 BROOKFIELD CT : 06804-5226

Tel: 1 203 77590001 203 7405610

https://www.photronics.com/

Registrar Details