KLAKLAC +7.62%86 EV-to-FCF is 84.61 as of Jun. 26, 2026, which is 303% above its 10-year median of 21.02. GuruFocus rates KLAC with a GF Score™ of 86/100 and a GF Value™ of $99.94 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 504 Semiconductors companies, KLA ranks worse than 64.68% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, KLA's Enterprise Value is $339,251 Mil.
KLA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $4,010 Mil. Therefore, KLA's EV-to-FCF for today is 84.61.
The historical rank and industry rank for KLA's EV-to-FCF or its related term are showing as below:
KLAC'
s EV-to-FCF Range Over the Past 10 Years
Min: 10.34 Med: 21.02 Max: 85.58
Current: 84.61
During the past 13 years, the highest EV-to-FCF of KLA was 85.58. The lowest was 10.34. And the median was 21.02.
KLAC's EV-to-FCF is ranked worse than 64.68% of 504
companies
in the Semiconductors industry
Industry Median: 51.995
vs KLAC: 84.61
EV-to-FCF 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.
As of today (2026-06-26), KLA's stock price is $258.80.
KLA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $3.533. Therefore, KLA's PE Ratio (TTM) for today is 73.25.
KLA (NAS:KLAC) EV-to-FCF Explanation
EV-to-FCF 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.
KLA's share price for today is $258.80.
KLA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.533.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
KLA EV-to-FCF Related Terms
KLA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for KLA's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, KLA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where KLA's EV-to-FCF falls into.
KLA's current Enterprise Value is $339,251 Mil.
KLA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,010 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-FCF of 84.61 as of Jun. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on KLA and its competitors. This is 303% above median its historical median of 21.02. Over the past decade, KLA's EV-to-FCF has ranged from 10.34 to 85.58. According to the industry distribution chart, KLA ranks #326 out of 504 companies in the Semiconductors industry, placing it in the top 64.7%.
Is KLA's EV-to-FCF too high?
KLA's current EV-to-FCF of 84.61 is 303% above median its 10-year median of 21.02. Over the past 10 years, this metric has ranged from a low of 10.34 to a high of 85.58. The Semiconductors industry median EV-to-FCF is 52.00. KLA's value of 84.61 is 62.7% above this industry median. Based on the distribution chart, KLA ranks #326 out of 504 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-FCF compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, KLA ranks #326 out of 504 companies for EV-to-FCF. This places KLA in the lower half of its industry. The industry median EV-to-FCF is 52.00. KLA's value of 84.61 is 62.7% above this benchmark. Historically, KLA's own EV-to-FCF has ranged from 10.34 to 85.58 over the past decade. While the company's 10-year median is 21.02 vs. the industry median of 52.00, 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-FCF for a Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 52.00, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KLA's current EV-to-FCF of 84.61 is 62.7% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on KLA and its competitors. For the Semiconductors industry, the median EV-to-FCF is 52.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KLA's current EV-to-FCF is 84.61, which is 303% above median its own 10-year median of 21.02. 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 $99.94, compared to a current price of $258.80 — trading 159% above its estimated fair value. The current EV-to-FCF is 84.61, which is 303% above median its 10-year median of 21.02 and 62.7% above the Semiconductors industry median of 52.00. KLA's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For KLA (KLAC), the current EV-to-FCF is 84.61 as of Jun. 26, 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 $258.80 is trading 159% above its estimated GF Value™ of $99.94.
GuruFocus considers KLA to be Significantly Overvalued.
Key valuation signals for KLAC:
EV-to-FCF: 84.61 (303% above median its 10-year median of 21.02)
GF Value™: $99.94 vs. price of $258.80 (159% above fair value)
Industry Position: 62.7% above the Semiconductors median (#326 of 504)
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
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