Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
KLAKLAC +1.38%86 EV-to-EBITDA is 38.16 as of Aug. 01, 2026, which is 139% above its 10-year median of 15.96. GuruFocus rates KLAC with a GF Score™ of 86/100 and a GF Value™ of $106.27 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 748 Semiconductors companies, KLA ranks worse than 67.11% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, KLA's enterprise value is $239,798 Mil.
KLA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $6,284 Mil. Therefore, KLA's EV-to-EBITDA for today is 38.16.
The historical rank and industry rank for KLA's EV-to-EBITDA or its related term are showing as below:
KLAC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.45 Med: 15.96 Max: 56.58
Current: 38.16
During the past 13 years, the highest EV-to-EBITDA of KLA was 56.58. The lowest was 7.45. And the median was 15.96.
KLAC's EV-to-EBITDA is ranked worse than 67.11% of 748
companies
in the Semiconductors industry
Industry Median: 20.715
vs KLAC: 38.16
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-01), KLA's stock price is $182.82.
KLA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $3.667. Therefore, KLA's PE Ratio (TTM) for today is 49.86.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
KLA's share price for today is $182.82.
KLA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.667.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for KLA's EV-to-EBITDA 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.
For the Semiconductor Equipment & Materials subindustry, KLA's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
KLA EV-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, KLA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where KLA's EV-to-EBITDA falls into.
KLA's current Enterprise Value is $239,798 Mil.
KLA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,284 Mil.
* 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.
KLA (KLAC) has a EV-to-EBITDA of 38.16 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on KLA. This is 139% above median its historical median of 15.96. Over the past decade, KLA's EV-to-EBITDA has ranged from 7.45 to 56.58. According to the industry distribution chart, KLA ranks #502 out of 748 companies in the Semiconductors industry, placing it in the top 67.1%.
Is KLA's EV-to-EBITDA too high?
KLA's current EV-to-EBITDA of 38.16 is 139% above median its 10-year median of 15.96. Over the past 10 years, this metric has ranged from a low of 7.45 to a high of 56.58. The Semiconductors industry median EV-to-EBITDA is 20.72. KLA's value of 38.16 is 84.2% above this industry median. Based on the distribution chart, KLA ranks #502 out of 748 companies in the Semiconductors industry, which is below the industry midpoint. Overall, KLA has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KLA's EV-to-EBITDA compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, KLA ranks #502 out of 748 companies for EV-to-EBITDA. This places KLA in the lower half of its industry. The industry median EV-to-EBITDA is 20.72. KLA's value of 38.16 is 84.2% above this benchmark. Historically, KLA's own EV-to-EBITDA has ranged from 7.45 to 56.58 over the past decade. While the company's 10-year median is 15.96 vs. the industry median of 20.72, KLA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 20.72, based on 748 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KLA's current EV-to-EBITDA of 38.16 is 84.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on KLA. For the Semiconductors industry, the median EV-to-EBITDA is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KLA's current EV-to-EBITDA is 38.16, which is 139% above median its own 10-year median of 15.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KLA stock overvalued right now?
Based on GuruFocus' analysis, KLA (KLAC) is currently considered Significantly Overvalued. The stock's GF Value™ is $106.27, compared to a current price of $182.82 — trading 72% above its estimated fair value. The current EV-to-EBITDA is 38.16, which is 139% above median its 10-year median of 15.96 and 84.2% above the Semiconductors industry median of 20.72. KLA's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For KLA (KLAC), the current EV-to-EBITDA is 38.16 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is KLA (KLAC) Overvalued in 2026?
Based on GuruFocus' analysis, KLA stock appears to be overvalued.
The current stock price of $182.82 is trading 72% above its estimated GF Value™ of $106.27.
GuruFocus considers KLA to be Significantly Overvalued.
Key valuation signals for KLAC:
EV-to-EBITDA: 38.16 (139% above median its 10-year median of 15.96)
GF Value™: $106.27 vs. price of $182.82 (72% above fair value)
Industry Position: 84.2% above the Semiconductors median (#502 of 748)
No single metric tells the full story. See the KLAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
86GF Score
Get the complete analysis for KLAC
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KLAC has been successfully added to your 
