PhotronicsPLAB -6.58%92 Interest Coverage is 42,179.00 as of Apr. 2026, which is 90901% above its 10-year median of 46.35. GuruFocus rates PLAB with a GF Score™ of 92/100 and a GF Value™ of $25.61 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 638 Semiconductors companies, Photronics ranks better than 99.84% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Photronics's
Operating Income
for the
three
months ended in Apr. 2026 was $42.2 Mil. Photronics's Interest Expense for the
three
months ended in Apr. 2026 was $-0.0 Mil.
Photronics's interest coverage for the quarter that ended in Apr. 2026 was 42,179.00.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Photronics Inc has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Photronics's Interest Coverage or its related term are showing as below:
PLAB'
s Interest Coverage Range Over the Past 10 Years
Min: 6.01 Med: 46.35 Max: 39461.2
Current: 39461.2
PLAB's Interest Coverage is ranked better than 99.84% of 638
companies
in the Semiconductors industry
Industry Median: 20.225
vs PLAB: 39461.20
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Photronics Interest Coverage Related Terms
Photronics Interest Coverage Historical Data
* Premium members only.
The historical data trend for Photronics's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
PLAB vs COHU, ICHR, DQ: Interest Coverage Comparison
For the Semiconductor Equipment & Materials subindustry, Photronics's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Photronics's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Photronics's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 42,179.00 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Photronics and its competitors. This is 90901% above median its historical median of 46.35. Over the past decade, Photronics' Interest Coverage has ranged from 6.01 to 39,461.20. According to the industry distribution chart, Photronics ranks #1 out of 638 companies in the Semiconductors industry, placing it in the top 0.2%.
Is Photronics' Interest Coverage too high?
Photronics' current Interest Coverage of 42,179.00 is 90901% above median its 10-year median of 46.35. Over the past 10 years, this metric has ranged from a low of 6.01 to a high of 39,461.20. The Semiconductors industry median Interest Coverage is 20.23. Photronics' value of 42,179.00 is 208448.8% above this industry median. Based on the distribution chart, Photronics ranks #1 out of 638 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Photronics has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Photronics' Interest Coverage compare to COHU and ICHR?
According to the Semiconductors industry distribution chart, Photronics ranks #1 out of 638 companies for Interest Coverage. This places Photronics in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 20.23. Photronics' value of 42,179.00 is 208448.8% above this benchmark. Historically, Photronics' own Interest Coverage has ranged from 6.01 to 39,461.20 over the past decade. While the company's 10-year median is 46.35 vs. the industry median of 20.23, Photronics 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 Interest Coverage for a Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.23, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Photronics's current Interest Coverage of 42,179.00 is 208448.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Photronics and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Photronics's current Interest Coverage is 42,179.00, which is 90901% above median its own 10-year median of 46.35. 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 $25.61, compared to a current price of $30.58 — trading 19.4% above its estimated fair value. The current Interest Coverage is 42,179.00, which is 90901% above median its 10-year median of 46.35 and 208448.8% above the Semiconductors industry median of 20.23. Photronics' overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Photronics (PLAB), the current Interest Coverage is 42,179.00 as of Apr. 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 $30.58 is trading 19.4% above its estimated GF Value™ of $25.61.
GuruFocus considers Photronics to be Modestly Overvalued.
Key valuation signals for PLAB:
Interest Coverage: 42,179.00 (90901% above median its 10-year median of 46.35)
GF Value™: $25.61 vs. price of $30.58 (19.4% above fair value)
Industry Position: 208448.8% above the Semiconductors median (#1 of 638)
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.
92GF Score
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