Is the business good?
How good a business is KLIC?
Kulicke and Soffa Industries, Inc. earns 11% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
11%
Return on invested capital · cost of capital 9.0% · 1.9 points above what the capital costs: growth creates value
- Operating margin
- 6.7%
Operating margin · Semiconductor Equipment & Materials median 8.4% · 12 months to Q2 2026
- Cash conversion
- 0.08×
Cash conversion · some of the reported profit has not turned into cash yet
- Share count, year on year
- −0.36%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 9.4% |
| FY2021 | 27% |
| FY2022 | 31% |
| FY2023 | 5.3% |
| FY2024 | −13% |
| FY2025 | −0.49% |
Details›
- Gross margin12 months to Q2 2026
- 48%
- Operating margin12 months to Q2 2026
- 6.7%
- Net margin12 months to Q2 2026
- 7.2%
- Free cash flow margin
- 0.56%
- R&D as % of revenue
- 20%
- Revenue, trailing twelve months
- $768M
- Free cash flow, trailing twelve months
- $4.3M
- Net income, trailing twelve months
- $55M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 11%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Semiconductor Equipment & Materials
Ranks #13 of 22 by Smart Score