Fair value (multi-method)
Four independent methods triangulate what KLAC is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$2,837.59
Method range
$95.88 – $2,837.59
median $1,306.95
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $2,837.59 | +47.09% |
| Exit multiple | $794.52 | -58.82% |
| Analyst target | $1,819.38 | -5.69% |
| Graham number | $95.88 | -95.03% |
- Forward DCF$2,837.59
- Exit multiple$794.52
- Analyst target$1,819.38
- Graham number$95.88
Stock price
$1929.20
FCF / share (TTM)
$4.75
3Y FCF CAGR
22.1%
Fair value @ hist. growth
$199.54
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
56.8%
per year over your projection horizon
Margin of safety -866.8% vs hist-growth DCF
Historical 3Y CAGR
22.1%
Your model implies
56.8%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 22% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 10.1% | 52.7% | 51.9% | 51.1% | 50.1% | 49.1% |
| 11.1% | 55.5% | 54.8% | 54.0% | 53.2% | 52.3% |
| 12.1% | 58.2% | 57.5% | 56.8% | 56.1% | 55.3% |
| 13.1% | 60.7% | 60.1% | 59.4% | 58.8% | 58.1% |
| 14.1% | 63.2% | 62.6% | 62.0% | 61.4% | 60.7% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
7.96
Demanding vs growth
Net debt
$4.0B
Total debt − cash
Beta
1.50
Vs market benchmark
Frequently asked questions
KLA (KLAC) Key Financials
Charts, filings, and peer comparison for every metric
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Deep-dives across the income statement, cash flow, capital return, and valuation