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Photronics (FRA:PQ2) Capex-to-Operating-Income : 0.75 (As of Jan. 2024)


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What is Photronics Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Photronics's Capital Expenditure for the three months ended in Jan. 2024 was €-39.76 Mil. Its Operating Income for the three months ended in Jan. 2024 was €52.78 Mil.

Hence, Photronics's Capex-to-Operating-Income for the three months ended in Jan. 2024 was 0.75.


Photronics Capex-to-Operating-Income Historical Data

The historical data trend for Photronics's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Photronics Capex-to-Operating-Income Chart

Photronics Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.42 1.11 1.16 0.53 0.52

Photronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.40 0.32 0.81 0.75

Competitive Comparison of Photronics's Capex-to-Operating-Income

For the Semiconductor Equipment & Materials subindustry, Photronics's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Photronics's Capex-to-Operating-Income Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Photronics's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Photronics's Capex-to-Operating-Income falls into.



Photronics Capex-to-Operating-Income Calculation

Photronics's Capex-to-Operating-Income for the fiscal year that ended in Oct. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-124.447) / 239.638
=0.52

Photronics's Capex-to-Operating-Income for the quarter that ended in Jan. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-39.762) / 52.775
=0.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Photronics  (FRA:PQ2) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Photronics Capex-to-Operating-Income Related Terms

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Photronics (FRA:PQ2) Business Description

Traded in Other Exchanges
Address
15 Secor Road, Brookfield, CT, USA, 06804
Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.

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