SemiAnalysis has been clamoring about $KLIC for nearly a year on Twitter and backchannels, and after outsized beats, we are even more bullish. Even after the recent run up, it is currently trading at about 10x SemiAnalysis’s 2021 Projected EPS ($6). This is above Wall Street consensus, but there is room for this estimate to be beaten. 2022 Projected EPS is $6.75.
Dylan, thank you very much for this article. I am a SemiCap fan and I discovered you on Twitter. I have really been enjoying your articles. This one on KLIC is interested. I performed my own valuation of it this morning. KLIC does look intriguing. What do you think about its Moat, Senior Leaders and who are its competitors?
Thanks a bunch and I look forward to reading your thoughts on this and future posts!