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PhotronicsPLAB +1.87%89 EV-to-OCF is 5.80 as of Aug. 03, 2026, which is 13% above its 10-year median of 5.14. GuruFocus rates PLAB with a GF Score™ of 89/100 and a GF Value™ of $25.42 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,029 Semiconductors companies, Photronics ranks better than 62.59% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Photronics's Enterprise Value is $1,637.1 Mil.
Photronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $282.2 Mil. Therefore, Photronics's EV-to-OCF for today is 5.80.
The historical rank and industry rank for Photronics's EV-to-OCF or its related term are showing as below:
PLAB'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.76 Med: 5.14 Max: 15.4
Current: 5.8
During the past 13 years, the highest EV-to-OCF of Photronics was 15.40. The lowest was 2.76. And the median was 5.14.
PLAB's EV-to-OCF is ranked better than 62.59% of 1029
companies
in the Semiconductors industry
Industry Median: 13.46
vs PLAB: 5.80
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Photronics's share price for today is $30.845.
Photronics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.740.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Photronics EV-to-OCF Related Terms
Photronics EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Photronics's EV-to-OCF 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, Photronics's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Photronics's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Photronics's EV-to-OCF falls into.
Photronics's current Enterprise Value is $1,637.1 Mil.
Photronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $282.2 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.
Photronics (PLAB) has a EV-to-OCF of 5.80 as of Aug. 03, 2026. This is 13% above median its historical median of 5.14. Over the past decade, Photronics' EV-to-OCF has ranged from 2.76 to 15.40. According to the industry distribution chart, Photronics ranks #385 out of 1029 companies in the Semiconductors industry, placing it in the top 37.4%.
Is Photronics' EV-to-OCF too high?
Photronics' current EV-to-OCF of 5.80 is 13% above median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 2.76 to a high of 15.40. The Semiconductors industry median EV-to-OCF is 13.46. Photronics' value of 5.80 is 56.9% below this industry median. Based on the distribution chart, Photronics ranks #385 out of 1029 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Photronics has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Photronics' EV-to-OCF compare to COHU and AEHR?
According to the Semiconductors industry distribution chart, Photronics ranks #385 out of 1029 companies for EV-to-OCF. This puts Photronics in the upper half of its industry. The industry median EV-to-OCF is 13.46. Photronics' value of 5.80 is 56.9% below this benchmark. Historically, Photronics' own EV-to-OCF has ranged from 2.76 to 15.40 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 13.46, Photronics has consistently been below 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-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 13.46, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Photronics's current EV-to-OCF of 5.80 is 56.9% below 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Photronics's current EV-to-OCF is 5.80, which is 13% above median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photronics stock overvalued right now?
Based on GuruFocus' analysis, Photronics (PLAB) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.42, compared to a current price of $30.85 — trading 21.3% above its estimated fair value. The current EV-to-OCF is 5.80, which is 13% above median its 10-year median of 5.14 and 56.9% below the Semiconductors industry median of 13.46. Photronics' overall GF Score™ is 89/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Photronics (PLAB), the current EV-to-OCF is 5.80 as of Aug. 03, 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 Photronics (PLAB) Overvalued in 2026?
Based on GuruFocus' analysis, Photronics stock appears to be overvalued.
The current stock price of $30.85 is trading 21.3% above its estimated GF Value™ of $25.42.
GuruFocus considers Photronics to be Modestly Overvalued.
Key valuation signals for PLAB:
EV-to-OCF: 5.80 (13% above median its 10-year median of 5.14)
GF Value™: $25.42 vs. price of $30.85 (21.3% above fair value)
Industry Position: 56.9% below the Semiconductors median (#385 of 1029)
No single metric tells the full story. See the PLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Photronics Inc is a U.S.-based company principally engaged in the manufacturing of photomasks, which are high-precision photographic quartz or glass plates containing microscopic images of electronic circuits. Photomasks are a key element in the manufacture of integrated circuits (ICs) and flat-panel displays (FPDs) and are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during fabrication, as well as to a lesser extent, other types of electrical and optical components. The Company has manufacturing facilities in Taiwan, China, South Korea, the United States, and Europe, and generates revenue globally, with Taiwan contributing the majority of total revenue.
89GF Score
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