Tearsheet

Kulicke & Soffa Industries (KLIC)


Market Price (3/2/2026): $68.7 | Market Cap: $3.6 Bil
Sector: Information Technology | Industry: Semiconductor Materials & Equipment

Kulicke & Soffa Industries (KLIC)


Market Price (3/2/2026): $68.7
Market Cap: $3.6 Bil
Sector: Information Technology
Industry: Semiconductor Materials & Equipment

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -12%
Weak multi-year price returns
3Y Excs Rtn is -33%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -24 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.5%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%
  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -15%
2 Low stock price volatility
Vol 12M is 49%
  Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 64%
3 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, Electric Vehicles & Autonomous Driving, and 5G & Advanced Connectivity. Themes include AI Chips, Show more.
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.7%
4   Key risks
KLIC key risks include [1] significant geopolitical and trade policy exposure from its heavy revenue concentration in China and [2] operational uncertainties from the strategic wind-down of its Electronics Assembly business.
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -12%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%
2 Low stock price volatility
Vol 12M is 49%
3 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, Electric Vehicles & Autonomous Driving, and 5G & Advanced Connectivity. Themes include AI Chips, Show more.
4 Weak multi-year price returns
3Y Excs Rtn is -33%
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -24 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.5%
6 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -15%
7 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 64%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.7%
9 Key risks
KLIC key risks include [1] significant geopolitical and trade policy exposure from its heavy revenue concentration in China and [2] operational uncertainties from the strategic wind-down of its Electronics Assembly business.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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Stock Movement Drivers

Fundamental Drivers

The 55.3% change in KLIC stock from 11/30/2025 to 3/1/2026 was primarily driven by a 48.5% change in the company's P/S Multiple.
(LTM values as of)113020253012026Change
Stock Price ($)44.9169.7255.3%
Change Contribution By: 
Total Revenues ($ Mil)6546885.1%
P/S Multiple3.65.348.5%
Shares Outstanding (Mil)5252-0.6%
Cumulative Contribution55.3%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/1/2026
ReturnCorrelation
KLIC55.3% 
Market (SPY)0.4%26.4%
Sector (XLK)-3.0%29.5%

Fundamental Drivers

The 87.7% change in KLIC stock from 8/31/2025 to 3/1/2026 was primarily driven by a 78.3% change in the company's P/S Multiple.
(LTM values as of)83120253012026Change
Stock Price ($)37.1569.7287.7%
Change Contribution By: 
Total Revenues ($ Mil)6586884.5%
P/S Multiple3.05.378.3%
Shares Outstanding (Mil)53520.7%
Cumulative Contribution87.7%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/1/2026
ReturnCorrelation
KLIC87.7% 
Market (SPY)6.6%35.4%
Sector (XLK)5.9%32.9%

Fundamental Drivers

The 86.1% change in KLIC stock from 2/28/2025 to 3/1/2026 was primarily driven by a 84.5% change in the company's P/S Multiple.
(LTM values as of)22820253012026Change
Stock Price ($)37.4769.7286.1%
Change Contribution By: 
Total Revenues ($ Mil)701688-1.9%
P/S Multiple2.95.384.5%
Shares Outstanding (Mil)54522.8%
Cumulative Contribution86.1%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/1/2026
ReturnCorrelation
KLIC86.1% 
Market (SPY)16.5%59.5%
Sector (XLK)23.6%59.2%

Fundamental Drivers

The 37.9% change in KLIC stock from 2/28/2023 to 3/1/2026 was primarily driven by a 124.2% change in the company's P/S Multiple.
(LTM values as of)22820233012026Change
Stock Price ($)50.5569.7237.9%
Change Contribution By: 
Total Revenues ($ Mil)1,219688-43.6%
P/S Multiple2.45.3124.2%
Shares Outstanding (Mil)57529.0%
Cumulative Contribution37.9%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/1/2026
ReturnCorrelation
KLIC37.9% 
Market (SPY)79.6%57.9%
Sector (XLK)107.4%59.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
KLIC Return92%-26%25%-13%-0%55%141%
Peers Return64%-28%70%-2%55%36%314%
S&P 500 Return27%-19%24%23%16%1%84%

Monthly Win Rates [3]
KLIC Win Rate58%42%58%33%42%100% 
Peers Win Rate68%37%68%48%62%100% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
KLIC Max Drawdown0%-37%-6%-29%-40%0% 
Peers Max Drawdown-5%-45%-3%-14%-29%0% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: AMAT, LRCX, KLAC, COHU, ONTO. See KLIC Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/27/2026 (YTD)

How Low Can It Go

Unique KeyEventKLICS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-49.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven97.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven1,215 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-35.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven55.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven227 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-36.5%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven57.4%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven686 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-90.4%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven943.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven897 days1,480 days

Compare to AMAT, LRCX, KLAC, COHU, ONTO

In The Past

Kulicke & Soffa Industries's stock fell -49.4% during the 2022 Inflation Shock from a high on 9/7/2021. A -49.4% loss requires a 97.5% gain to breakeven.

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About Kulicke & Soffa Industries (KLIC)

Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through two segments, Capital Equipment, and Aftermarket Products and Services (APS). The company manufactures and sells advanced displays; die-transfer, flip-chip, and TCB advanced packaging products; ball bonder, die-attach, electronics assembly, lithography, wafer-level bonder, and wedge bonder products; consumables, such as capillaries, dicing blades, and wedge bonds; and auto offline programming, KNet PLUS, and new product introduction/manufacturing execution system software products. It also services, maintains, repairs, and upgrades equipment. The company serves semiconductor device manufacturers, integrated device manufacturers, outsourced semiconductor assembly and test providers, other electronics manufacturers, industrial manufacturers, and automotive electronics suppliers primarily in the United States and the Asia/Pacific region. Kulicke and Soffa Industries, Inc. was founded in 1951 and is headquartered in Singapore.

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1. ASML for chip packaging and assembly.

2. Applied Materials for semiconductor packaging.

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  • Wire Bonders: Equipment used for interconnecting semiconductor devices to their packages using fine wires.
  • Die Attach Equipment: Machines designed for precisely picking and placing semiconductor dies onto various substrates.
  • Advanced Packaging Equipment: Solutions for complex packaging processes such as flip-chip, thermal compression bonding (TCB), and hybrid bonding.
  • Wedge Bonders: Specialized wire bonding equipment primarily used for power semiconductor devices and larger wire applications.
  • Mini/Micro LED Solutions: Equipment and processes for the high-precision assembly and testing of mini and micro LED components for advanced displays.
  • Aftermarket Parts and Services: Provision of spare parts, consumables, technical support, maintenance, and training for their installed equipment base.

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Kulicke & Soffa Industries (KLIC) sells primarily to other companies (B2B) within the semiconductor manufacturing industry.

The company provides equipment, tools, and materials for semiconductor assembly and advanced packaging. Its customer base primarily consists of:

  • Outsourced Semiconductor Assembly and Test (OSAT) companies
  • Integrated Device Manufacturers (IDMs)
  • Advanced packaging houses
  • Automotive electronics manufacturers
  • LED manufacturers

While Kulicke & Soffa Industries' public filings, such as its Form 10-K, indicate a concentration of revenue from a limited number of customers, the company does not publicly disclose the specific names of these major customers.

For example, in its Form 10-K for the fiscal year ended September 30, 2023, Kulicke & Soffa Industries stated that two customers each accounted for 10% of its net revenues. However, the names of these customers were not specified in the filing.

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Lester Wong, Interim CEO and Executive Vice President, Chief Financial Officer

Lester Wong has served as Kulicke & Soffa's Chief Financial Officer since December 2018 and was promoted to Executive Vice President in January 2022. He joined the company in September 2011 as General Counsel & Senior Vice President, Legal Affairs. Mr. Wong possesses over 20 years of legal leadership experience with U.S. listed and Asian-based companies, including managing public reporting, compliance, litigation, and M&A activities. He previously held roles as General Counsel of Gigamedia Limited and Senior Legal Counsel at CDC Corporation, both NASDAQ-listed companies. Mr. Wong earned his Juris Doctor (J.D.) from the University of British Columbia and a Bachelor of Science (B.Sc.) degree from Western University. Effective October 28, 2025, Mr. Wong was appointed Interim CEO while retaining his CFO responsibilities, as Dr. Fusen Chen transitions to retirement.

Fusen Chen, President and Chief Executive Officer

Dr. Fusen Chen was appointed President and Chief Executive Officer (CEO) of Kulicke & Soffa on October 31, 2016, and was elected to the Board of Directors on October 3, 2016. He is set to retire from his position effective December 1, 2025, for health reasons. Before joining K&S, Dr. Chen was the President and CEO of Mattson Technology, Inc., where he successfully reversed years of losses into significant revenue growth and sustained profitability. His career also includes serving as an Executive Vice President at Novellus Systems, overseeing all semiconductor business units, and as Chief Technology Officer (CTO) at Novellus, responsible for the company's technology strategy. Earlier, he spent 10 years at Applied Materials, most recently as Group Vice President and General Manager for the company's copper physical vapor deposition and interconnect product business group. He also worked at LSI Logic and SGS-Thomson Microelectronics. Dr. Chen holds a Ph.D. in Materials Science and Engineering from the State University of New York and a B.S. in Materials Science and Engineering from Tsing Hua University (Hsinchu, Taiwan).

Chan Pin Chong, Executive Vice President & General Manager, Products & Solutions

Chan Pin Chong was appointed Executive Vice President & General Manager, K&S' Products and Solutions in December 2019. He joined Kulicke & Soffa in 2014 as Vice President of the Wedge Bonders business unit, where he is credited with turning around the business and driving growth by diversifying into the battery bonding market. Mr. Chong is a veteran in the technology industry with over 24 years of engineering and operations experience within the semiconductor and electronics sectors.

Nelson Wong, Senior Vice President, Global Sales and Global Supply Chain

Nelson Wong serves as the Senior Vice President, Global Sales and Global Supply Chain at Kulicke & Soffa. He is also noted as the Senior Vice President of the Ball Bonder Business Unit.

Robert Chylak, Senior Vice President, Central Engineering and Chief Technology Officer

Robert Chylak holds the position of Senior Vice President, Central Engineering and Chief Technology Officer at Kulicke & Soffa.

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The key risks to Kulicke & Soffa Industries (KLIC) are:

  1. High Dependence on Cyclical Semiconductor Industry Market Dynamics and Geopolitical/Trade Policy Dependency: Kulicke & Soffa's revenue is significantly exposed to the cyclical nature of the semiconductor industry, leading to considerable revenue volatility. A substantial portion of the company's revenue originates from outside the U.S., with a significant percentage from Asia-Pacific markets, particularly China. This global exposure makes the company vulnerable to international trade complexities, geopolitical disruptions, potential tariffs, and foreign exchange fluctuations. In fiscal year 2025, approximately 90.5% of net revenue came from shipments outside the U.S., with 53.5% from customers headquartered in China.
  2. Operational Risk from Strategic Cessation: The company is currently winding down its Electronics Assembly equipment business to concentrate on its core semiconductor assembly operations. This strategic shift, while aiming for long-term benefits, introduces short-term operational uncertainties, including the potential for unforeseen expenses and delays during the wind-down process, which could adversely affect the company's financial condition.
  3. Potential Challenges in Maintaining Continuous Technological Leadership: As a technology company operating in a rapidly evolving semiconductor equipment sector, Kulicke & Soffa faces a continuous risk of technology obsolescence and disruption. Sustaining its competitive advantage necessitates consistent and sufficient investment in research and development to maintain technological leadership.

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The clear emerging threat to Kulicke & Soffa Industries (KLIC) is the rapid adoption and increasing dominance of advanced wafer-level and die-level direct bonding technologies, particularly hybrid bonding, for high-performance semiconductor devices.

Hybrid bonding enables direct electrical and mechanical interconnection between wafers or dies, bypassing the need for traditional package-level assembly processes such as wire bonding or micro-bump-based flip-chip attachment for certain critical interfaces. While KLIC is a leader in traditional wire bonding and is expanding its portfolio in other advanced packaging areas like thermo-compression bonding (TCB) and flip-chip, the widespread adoption of hybrid bonding for high-density, high-bandwidth applications (e.g., 3D NAND, HBM, advanced logic) represents a fundamental shift in semiconductor manufacturing that could erode demand for KLIC's core equipment in these high-growth segments.

This paradigm shift is akin to how streaming services threatened physical media rentals, by offering a fundamentally different and often superior method of delivery for a significant portion of the market.

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Kulicke & Soffa Industries (KLIC) operates in several key markets within the semiconductor and electronics assembly industries. The addressable markets for their main products and services are as follows:

  • Wire Bonding Equipment (Global): The global wire bonder equipment market was valued at approximately $902.5 million in 2024 and is projected to reach $1,906.63 million by 2032, with a compound annual growth rate (CAGR) of 9.8% from 2025 to 2032. Another estimate places the global wire bonder equipment market at $1.53 billion in 2024, expected to grow to $1.62 billion in 2025 and $2.47 billion by 2032, at a CAGR of 6.13%. The broader wire bonding market (which includes equipment, services and materials) is projected to reach $8.26 billion by 2035.
    • Ball Bonder Machine Market (Global): The global ball bonder machine market was valued at approximately $1.103 billion in 2022 and is expected to reach $1.456 billion by 2029, growing at a CAGR of 4.04% from 2023 to 2029.
    • Wire Wedge Bonder Equipment Market (Global): This market was valued at $74.6 million in 2024 and is projected to grow from $77.0 million in 2025 to $92.8 million by 2032, exhibiting a CAGR of 3.2%.
  • Advanced Packaging Market (Global): The global advanced packaging market was valued at $48.5 billion in 2023 and is projected to reach $119.4 billion by 2032, growing at a CAGR of 10.6% from 2024 to 2032. Asia Pacific dominated this market, holding a 59.09% share in 2024. The market is also expected to reach around $55.0 billion by 2030, with a CAGR of 5.7% from 2025 to 2030.
  • Dispense Equipment Market (Global): The total available dispense market, including both semiconductor and electronics assembly opportunities, is projected to be $2.6 billion in calendar year 2026.

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Kulicke & Soffa Industries (KLIC) is poised for future revenue growth over the next 2-3 years, driven by several key factors in the semiconductor and electronics assembly markets. The expected drivers of future revenue growth for Kulicke & Soffa Industries are:
  1. Recovery in Core Ball and Wedge Bonding Markets: The company anticipates an eventual return to incremental capacity growth in its core Ball and Wedge bonding markets. This recovery is expected to be fueled by coordinated improvements within the general semiconductor and automotive/industrial end markets.
  2. Growing Adoption of Advanced Packaging Solutions (FTC and TCB): Kulicke & Soffa is heavily invested in advanced packaging solutions, particularly Fluxless Thermo-Compression (FTC) and Thermo-Compression Bonding (TCB). These technologies are crucial for next-generation memory and logic applications, driven by the expansion of artificial intelligence, cloud computing, and connected devices. The TCB business is projected to grow by 40-50% sequentially in fiscal year 2025 due to increasing adoption in leading-edge compute, optical, communications, and industrial sectors. The company has secured multiple orders for its TCB solutions, specifically for Silicon Photonics (SiPh) based Co-Packaged Optics (CPO) applications in high-bandwidth networking transceivers, with expectations for further CPO orders in fiscal years 2024 and 2025.
  3. Launch and Expansion of New Vertical Wire Solutions: The introduction of new vertical wire solutions, such as ATPremier MEM PLUS, is expected to be a significant growth driver. This wafer-level packaging solution utilizes innovative vertical wire technology to address emerging advanced memory applications, particularly for high-volume, at-the-edge AI applications that demand transistor-dense DRAM and NAND assembly.
  4. Expansion of Advanced Dispense Portfolio: Kulicke & Soffa's growing Advanced Dispense portfolio of solutions is set to increase its market potential across various long-term technology transitions.
  5. Entry into New Markets with Battery Assembly Solutions: The company foresees ongoing market adoption of its emerging battery assembly solutions, alongside its FTC and Vertical Fan-Out (VFO) technologies, indicating an expansion into new market segments.

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Share Repurchases

  • Kulicke & Soffa (KLIC) completed its $800 million share repurchase program in December 2024, which had been initiated in fiscal Q4 2017. Under this program, approximately 22.7 million shares were repurchased at an average price of $35.25 per share.
  • A new $300 million share repurchase program was authorized in November 2024, set to begin after the completion of the prior program.
  • Annual share repurchases amounted to $150.791 million in fiscal year 2024, $69.21 million in fiscal year 2023, and $281.319 million in fiscal year 2022.

Share Issuance

  • The number of shares outstanding for Kulicke & Soffa decreased by 4.61% in one year, as of Q3 2025.

Capital Expenditures

  • Capital expenditures for the first three quarters of fiscal year 2025 (nine months ending June 28, 2025) totaled $7.560 million.
  • During Q1 fiscal year 2025 (ending December 28, 2024), capital expenditures were $2.111 million. In Q3 fiscal year 2025 (ending June 28, 2025), capital expenditures were $2.733 million.
  • The company significantly invests in research and development to create innovative solutions for the semiconductor and electronics industries, with a focus on advanced packaging, vertical wire packaging, and advanced dispense technologies.

Better Bets vs. Kulicke & Soffa Industries (KLIC)

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Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
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ITRI_2272026_Dip_Buyer_FCFYield02272026ITRIItronDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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FSLR_2272026_Dip_Buyer_ValueBuy02272026FSLRFirst SolarDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
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PEGA_2272026_Dip_Buyer_ValueBuy02272026PEGAPegasystemsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

KLICAMATLRCXKLACCOHUONTOMedian
NameKulicke .Applied .Lam Rese.KLA Cohu Onto Inn. 
Mkt Price69.72372.30233.891,524.5530.20215.89224.89
Mkt Cap3.6295.2293.5200.11.410.6105.4
Rev LTM68828,21420,56112,7454531,0026,873
Op Inc LTM-248,3916,9425,351-601692,760
FCF LTM766,1946,2164,377112612,319
FCF 3Y Avg526,6125,0453,636292051,920
CFO LTM868,7197,1224,766322892,528
CFO 3Y Avg758,2505,6453,963452332,098

Growth & Margins

KLICAMATLRCXKLACCOHUONTOMedian
NameKulicke .Applied .Lam Rese.KLA Cohu Onto Inn. 
Rev Chg LTM-1.9%2.1%26.8%17.5%12.7%6.4%9.6%
Rev Chg 3Y Avg-15.5%2.4%5.1%7.3%-15.3%1.4%1.9%
Rev Chg Q20.2%-2.1%22.1%7.2%29.9%-13.5%13.7%
QoQ Delta Rev Chg LTM5.1%-0.5%4.9%1.8%6.6%-3.3%3.4%
Op Mgn LTM-3.5%29.7%33.8%42.0%-13.2%16.8%23.3%
Op Mgn 3Y Avg-0.7%29.3%30.3%38.9%-7.9%17.7%23.5%
QoQ Delta Op Mgn LTM1.3%-0.1%0.8%0.2%2.7%-2.1%0.5%
CFO/Rev LTM12.5%30.9%34.6%37.4%7.0%28.9%29.9%
CFO/Rev 3Y Avg10.5%30.1%33.2%35.7%7.9%24.8%27.4%
FCF/Rev LTM11.1%22.0%30.2%34.3%2.4%26.1%24.0%
FCF/Rev 3Y Avg7.4%24.2%29.7%32.7%4.6%21.7%22.9%

Valuation

KLICAMATLRCXKLACCOHUONTOMedian
NameKulicke .Applied .Lam Rese.KLA Cohu Onto Inn. 
Mkt Cap3.6295.2293.5200.11.410.6105.4
P/S5.310.514.315.73.110.610.5
P/EBIT-73.230.340.936.3-23.462.733.3
P/E-56.437.747.243.9-19.060.540.8
P/CFO42.533.941.242.044.636.641.6
Total Yield-0.3%3.1%2.5%2.8%-5.3%1.7%2.1%
Dividend Yield1.5%0.5%0.4%0.5%0.0%0.0%0.4%
FCF Yield 3Y Avg2.0%4.4%4.0%3.6%1.8%2.6%3.1%
D/E0.00.00.00.00.20.00.0
Net D/E-0.1-0.0-0.00.0-0.1-0.1-0.0

Returns

KLICAMATLRCXKLACCOHUONTOMedian
NameKulicke .Applied .Lam Rese.KLA Cohu Onto Inn. 
1M Rtn21.6%15.7%0.2%6.9%5.8%6.8%6.9%
3M Rtn55.3%47.8%50.2%29.9%24.2%50.8%49.0%
6M Rtn87.7%132.3%134.4%75.4%51.8%103.7%95.7%
12M Rtn86.1%137.6%207.6%116.7%53.6%48.2%101.4%
3Y Rtn36.5%222.5%392.5%314.2%-20.1%156.7%189.6%
1M Excs Rtn20.9%12.1%-1.0%-4.8%5.6%2.4%4.0%
3M Excs Rtn59.1%52.1%52.5%31.5%26.1%55.9%52.3%
6M Excs Rtn81.0%121.1%120.3%65.9%42.7%93.8%87.4%
12M Excs Rtn61.1%107.4%174.8%92.5%33.2%24.4%76.8%
3Y Excs Rtn-32.9%173.7%333.3%242.5%-84.5%107.3%140.5%

Comparison Analyses

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Ball Bonding Equipment358287909  
Aftermarket Products and Services (APS)160161197205161
Wedge Bonding Equipment106176194  
Advanced Solutions537295  
All Others3047108  
Unallocated Corporate Expenses0    
Capital Equipment   1,313462
Total7067421,5041,518623


Operating Income by Segment
$ Mil20252024202320222021
Ball Bonding Equipment11382385  
Aftermarket Products and Services (APS)5048825636
Wedge Bonding Equipment206367  
All Others-34-3726  
Unallocated Corporate Expenses-86-84-75  
Advanced Solutions-155-33-15  
Capital Equipment   35622
Total-923947041259


Price Behavior

Price Behavior
Market Price$69.72 
Market Cap ($ Bil)3.6 
First Trading Date03/26/1990 
Distance from 52W High-6.9% 
   50 Days200 Days
DMA Price$58.83$42.88
DMA Trendupup
Distance from DMA18.5%62.6%
 3M1YR
Volatility54.7%48.7%
Downside Capture45.45132.30
Upside Capture329.80175.54
Correlation (SPY)25.9%59.5%
KLIC Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta0.641.291.371.561.501.53
Up Beta4.143.543.142.771.641.50
Down Beta-3.14-1.16-0.620.511.311.27
Up Capture231%431%395%346%271%476%
Bmk +ve Days9203170142431
Stock +ve Days12263974135377
Down Capture-68%-2%47%101%118%111%
Bmk -ve Days12213054109320
Stock -ve Days9152250116371

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KLIC
KLIC77.0%49.2%1.31-
Sector ETF (XLK)20.8%27.5%0.6760.0%
Equity (SPY)16.5%19.4%0.6659.8%
Gold (GLD)81.3%25.7%2.293.0%
Commodities (DBC)13.4%16.9%0.5818.1%
Real Estate (VNQ)7.3%16.6%0.2539.4%
Bitcoin (BTCUSD)-22.0%44.9%-0.4220.4%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KLIC
KLIC10.0%45.5%0.36-
Sector ETF (XLK)16.7%24.8%0.6161.6%
Equity (SPY)13.6%17.0%0.6359.6%
Gold (GLD)23.5%17.1%1.126.7%
Commodities (DBC)10.6%19.0%0.4412.5%
Real Estate (VNQ)5.1%18.8%0.1838.1%
Bitcoin (BTCUSD)4.0%57.0%0.2922.7%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KLIC
KLIC21.6%43.1%0.60-
Sector ETF (XLK)22.5%24.2%0.8562.1%
Equity (SPY)15.4%17.9%0.7460.4%
Gold (GLD)15.3%15.6%0.821.8%
Commodities (DBC)8.7%17.6%0.4117.4%
Real Estate (VNQ)6.6%20.7%0.2839.8%
Bitcoin (BTCUSD)65.8%66.8%1.0516.2%

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Short Interest

Short Interest: As Of Date2132026
Short Interest: Shares Quantity1.3 Mil
Short Interest: % Change Since 13120261.1%
Average Daily Volume1.2 Mil
Days-to-Cover Short Interest1.1 days
Basic Shares Quantity52.3 Mil
Short % of Basic Shares2.5%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/4/2026   
11/19/202510.6%27.4%31.7%
8/6/20258.9%17.5%19.0%
5/6/2025-2.8%9.0%3.7%
2/4/2025-0.0%-5.1%-13.9%
11/13/2024-3.1%-0.7%5.2%
8/7/20243.2%3.5%-2.6%
5/1/20243.7%8.7%3.0%
...
SUMMARY STATS   
# Positive121514
# Negative1189
Median Positive4.2%6.3%8.5%
Median Negative-2.8%-3.2%-9.7%
Max Positive13.6%27.4%37.0%
Max Negative-9.6%-17.4%-14.6%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/05/202610-Q
09/30/202511/20/202510-K
06/30/202508/06/202510-Q
03/31/202505/07/202510-Q
12/31/202402/06/202510-Q
09/30/202411/14/202410-K
06/30/202408/07/202410-Q
03/31/202405/02/202410-Q
12/31/202302/01/202410-Q
09/30/202311/16/202310-K
06/30/202308/09/202310-Q
03/31/202305/04/202310-Q
12/31/202202/02/202310-Q
09/30/202211/17/202210-K
06/30/202208/04/202210-Q
03/31/202205/05/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Wong, Nelson MunpunSenior Vice PresidentDirectSell1210202550.075,004250,5327,828,817Form
2Lim, Zi YaoGeneral CounselDirectSell1203202545.001,00045,0001,067,130Form
3Wong, Nelson MunpunSenior Vice PresidentDirectSell814202537.0730,0001,111,9715,468,414Form
4Wong, Nelson MunpunSenior Vice PresidentDirectSell126202660.0020012,0007,570,140Form
5Wong, Nelson MunpunSenior Vice PresidentDirectSell114202656.5330,0001,695,7807,143,134Form