MKSI - MKS Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$186.00
DETAILS
HIGH:
$250.00
LOW:
$136.00
MEDIAN:
$175.00
CONSENSUS:
$186.00
DOWNSIDE:
8.82%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 3,586.0 | 3,622.0 | 3,547.0 | 2,950.0 | 2,330.0 | 1,899.8 | 2,075.1 | 1,916.0 | 1,295.3 | 813.5 |
| Cost of Revenue | 1,878.0 | 1,980.0 | 2,000.0 | 1,570.0 | 1,281.0 | 1,069.4 | 1,095.6 | 1,024.5 | 729.7 | 450.7 |
| Gross Profit | 1,708.0 | 1,642.0 | 1,547.0 | 1,380.0 | 1,049.0 | 830.4 | 979.5 | 891.5 | 565.6 | 362.9 |
| Operating Expenses | ||||||||||
| R&D Expenses | 271.0 | 288.0 | 241.0 | 200.0 | 173.0 | 164.1 | 135.7 | 132.6 | 110.6 | 68.3 |
| SG&A Expenses | 674.0 | 675.0 | 488.0 | 385.0 | 353.0 | 330.3 | 298.1 | 290.1 | 229.2 | 129.1 |
| Other Expenses | 265.0 | 2,233.0 | 201.0 | 96.0 | 69.0 | 116.2 | 51.6 | 62.2 | 68.6 | 8.9 |
| Operating Expenses | 1,210.0 | 3,196.0 | 930.0 | 681.0 | 595.0 | 610.6 | 485.4 | 484.8 | 408.4 | 206.3 |
| Operating Income | ||||||||||
| Operating Income | 498.0 | (1,554.0) | 617.0 | 699.0 | 454.0 | 219.8 | 494.1 | 406.6 | 157.3 | 156.6 |
| Interest Expense | 345.0 | 422.0 | 177.0 | 25.0 | 29.0 | 50.8 | 17.3 | 31.5 | 30.6 | 0.1 |
| Interest Income | 21.0 | 83.0 | 4.0 | 0.0 | 1.0 | 5.5 | 5.8 | 3.0 | 2.6 | 3.0 |
| Profitability | ||||||||||
| EBITDA | 870.0 | (1,109.0) | 832.0 | 794.0 | 551.0 | 331.9 | 578.1 | 561.7 | 224.5 | 181.6 |
| EBIT | 522.0 | (1,506.0) | 616.0 | 690.0 | 452.0 | 221.9 | 497.9 | 478.6 | 158.6 | 159.6 |
| Income Before Tax | 180.0 | (1,928.0) | 433.0 | 665.0 | 423.0 | 177.8 | 480.9 | 447.6 | 128.0 | 159.5 |
| Income Tax Expense | (10.0) | (87.0) | 100.0 | 114.0 | 73.0 | 37.4 | 88.1 | 108.5 | 23.2 | 37.2 |
| Net Income | 190.0 | (1,841.0) | 333.0 | 551.0 | 350.0 | 140.4 | 392.9 | 339.1 | 104.8 | 122.3 |
| Per Share Data | ||||||||||
| EPS (Basic) | 2.82 | -27.56 | 5.58 | 9.95 | 6.35 | 2.57 | 7.22 | 6.26 | 1.96 | 2.30 |
| EPS (Diluted) | 2.81 | -27.56 | 5.56 | 9.90 | 6.33 | 2.55 | 7.14 | 6.16 | 1.94 | 2.28 |
| Shares Outstanding | 67.3 | 66.8 | 59.7 | 55.4 | 55.1 | 54.7 | 54.4 | 54.1 | 53.5 | 53.3 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 714.0 | 875.0 | 909.0 | 966.0 | 608.3 | 414.6 | 644.3 | 333.9 | 228.6 | 227.6 |
| Short-Term Investments | 0.0 | 0.0 | 1.0 | 76.0 | 227.7 | 109.4 | 73.8 | 209.4 | 189.5 | 430.7 |
| Net Receivables | 615.0 | 603.0 | 720.0 | 443.0 | 392.7 | 341.1 | 295.5 | 300.3 | 248.8 | 101.9 |
| Inventory | 893.0 | 991.0 | 977.0 | 577.0 | 501.4 | 462.1 | 384.7 | 339.1 | 275.9 | 152.6 |
| Other Current Assets | 252.0 | 227.0 | 187.0 | 85.0 | 74.3 | 106.3 | 65.8 | 53.5 | 56.1 | 26.8 |
| Total Current Assets | 2,474.0 | 2,696.0 | 2,794.0 | 2,147.0 | 1,804.4 | 1,433.5 | 1,464.1 | 1,236.3 | 998.8 | 939.5 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 1,009.0 | 1,009.0 | 1,034.0 | 510.0 | 468.7 | 306.4 | 194.4 | 171.8 | 174.6 | 68.9 |
| Goodwill | 2,479.0 | 2,554.0 | 4,308.0 | 1,228.0 | 1,066.4 | 1,058.5 | 587.0 | 591.0 | 588.6 | 199.7 |
| Intangible Assets | 2,272.0 | 2,619.0 | 3,173.0 | 576.0 | 512.2 | 564.6 | 319.8 | 366.4 | 408.0 | 44.0 |
| Long-Term Investments | 64.0 | 0.0 | 0.0 | 6.2 | 6.5 | 5.8 | 10.3 | 10.7 | 9.9 | (19.3) |
| Other Non-Current Assets | 292.0 | 240.0 | 186.0 | 72.8 | 45.6 | 47.5 | 38.7 | 37.9 | 27.4 | 2.0 |
| Total Non-Current Assets | 6,116.0 | 6,422.0 | 8,701.0 | 2,393.0 | 2,099.4 | 1,982.8 | 1,150.1 | 1,177.8 | 1,213.5 | 333.8 |
| Total Assets | 8,590.0 | 9,118.0 | 11,495.0 | 4,540.0 | 3,903.8 | 3,416.3 | 2,614.2 | 2,414.0 | 2,212.2 | 1,273.3 |
| Current Liabilities | ||||||||||
| Account Payables | 341.0 | 327.0 | 426.0 | 168.0 | 110.6 | 88.4 | 83.8 | 82.5 | 69.3 | 23.2 |
| Short-Term Debt | 50.0 | 93.0 | 93.0 | 9.0 | 14.5 | 12.1 | 4.0 | 3.0 | 11.0 | 0.0 |
| Deferred Revenue | 71.0 | 77.0 | 94.0 | 37.0 | 31.2 | 21.5 | 14.2 | 0.0 | 14.5 | 7.2 |
| Other Current Liabilities | 218.0 | 264.0 | 262.0 | 203.0 | 183.5 | 159.7 | 144.9 | 156.7 | 111.5 | 51.4 |
| Total Current Liabilities | 775.0 | 848.0 | 952.0 | 460.0 | 373.9 | 317.7 | 263.3 | 289.8 | 237.3 | 91.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 4,488.0 | 4,696.0 | 4,834.0 | 808.0 | 815.0 | 871.7 | 343.8 | 390.0 | 601.2 | 0.0 |
| Deferred Tax Liabilities | 504.0 | 640.0 | 783.0 | 99.0 | 59.2 | 72.4 | 48.2 | 61.6 | 66.4 | 0.0 |
| Other Non-Current Liabilities | 290.0 | 257.0 | 228.0 | 93.0 | 107.4 | 86.4 | 85.7 | 83.7 | 65.5 | 21.5 |
| Total Non-Current Liabilities | 5,493.0 | 5,798.0 | 6,060.0 | 1,193.0 | 1,169.0 | 1,075.3 | 477.8 | 535.3 | 733.1 | 21.5 |
| Total Liabilities | 6,268.0 | 6,646.0 | 7,012.0 | 1,653.0 | 1,542.9 | 1,393.0 | 741.1 | 825.1 | 970.5 | 112.5 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Retained Earnings | 503.0 | 373.0 | 2,272.0 | 1,991.0 | 1,487.3 | 1,181.2 | 1,084.8 | 795.7 | 494.7 | 427.2 |
| Accumulated Other Comprehensive Income | (248.0) | (96.0) | 69.0 | (11.0) | 0.3 | (22.3) | (5.7) | 3.5 | (30.5) | (11.2) |
| Total Stockholders' Equity | 2,322.0 | 2,472.0 | 4,483.0 | 2,887.0 | 2,360.9 | 2,023.3 | 1,873.2 | 1,588.9 | 1,241.8 | 1,160.9 |
| Total Liabilities & Equity | 8,590.0 | 9,118.0 | 11,495.0 | 4,540.0 | 3,903.8 | 3,416.3 | 2,614.2 | 2,414.0 | 2,212.2 | 1,273.3 |
| Debt Metrics | ||||||||||
| Total Debt | 4,780.0 | 5,024.0 | 5,168.0 | 1,028.0 | 1,032.7 | 949.2 | 347.8 | 393.0 | 612.2 | 0.0 |
| Net Debt | 4,066.0 | 4,149.0 | 4,259.0 | 62.0 | 424.4 | 534.6 | (296.5) | 59.1 | 383.6 | (227.6) |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 190.0 | (1,841.0) | 333.0 | 551.4 | 350.0 | 140.4 | 392.9 | 339.1 | 104.8 | 122.3 |
| Depreciation & Amortization | 348.0 | 397.0 | 216.0 | 104.1 | 99.0 | 110.0 | 79.9 | 82.6 | 65.9 | 22.1 |
| Stock-Based Compensation | 48.0 | 54.0 | 45.0 | 37.0 | 30.0 | 49.2 | 27.3 | 24.4 | 25.2 | 13.0 |
| Change in Working Capital | 4.0 | (99.0) | (157.0) | (72.0) | 10.0 | (88.4) | (97.8) | (50.4) | (22.3) | (32.2) |
| Other Non-Cash Items | 164.0 | 2,042.0 | 138.0 | 17.8 | 31.0 | 37.5 | 31.0 | (35.6) | 45.3 | 12.7 |
| Operating Cash Flow | 528.0 | 319.0 | 529.0 | 639.5 | 513.0 | 244.5 | 413.8 | 355.2 | 180.1 | 138.3 |
| Investing Activities | ||||||||||
| Capital Expenditure | (118.0) | (87.0) | (164.0) | (86.7) | (85.0) | (63.9) | (62.9) | (31.3) | (19.1) | (12.4) |
| Acquisitions | 0.0 | 0.0 | (4,473.0) | (268.4) | 0.0 | (988.6) | 0.0 | 72.5 | (939.6) | (9.9) |
| Purchases of Investments | 0.0 | 0.0 | (1.0) | (497.0) | (522.0) | (246.3) | (253.6) | (229.6) | (268.5) | (386.0) |
| Sales/Maturities of Investments | 0.0 | 0.0 | 77.0 | 647.5 | 405.0 | 309.5 | 389.3 | 210.9 | 499.9 | 240.9 |
| Other Investing Activities | 1.0 | 3.0 | 9.0 | 0.0 | 0.0 | 42.1 | 0.0 | 0.1 | 0.3 | 0.0 |
| Investing Cash Flow | (117.0) | (84.0) | (4,552.0) | (204.6) | (202.0) | (947.2) | 72.8 | 22.6 | (727.0) | (167.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (266.0) | (187.0) | 4,275.0 | (14.0) | (57.0) | 530.7 | (49.5) | (229.3) | 598.5 | 0.0 |
| Stock Repurchased | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (75.0) | 0.0 | (1.5) | (13.3) |
| Dividends Paid | (59.0) | (59.0) | (52.0) | (47.6) | (44.0) | (43.5) | (42.4) | (38.2) | (36.4) | (36.0) |
| Other Financing Activities | (224.0) | (13.0) | (252.0) | (3.4) | (21.0) | (11.0) | (11.1) | (12.2) | (0.5) | 2.2 |
| Financing Cash Flow | (549.0) | (259.0) | 3,971.0 | (65.0) | (122.0) | 476.2 | (178.0) | (279.7) | 560.1 | (47.1) |
| Cash Position | ||||||||||
| Net Change in Cash | (161.0) | (34.0) | (57.0) | 358.0 | 193.0 | (229.7) | 310.5 | 100.0 | 6.3 | (77.9) |
| Cash at Beginning | 875.0 | 909.0 | 966.0 | 608.3 | 415.0 | 644.3 | 333.9 | 233.9 | 227.6 | 305.4 |
| Cash at End | 714.0 | 875.0 | 909.0 | 966.3 | 608.0 | 414.6 | 644.3 | 333.9 | 233.9 | 227.6 |
| Free Cash Flow | 410.0 | 232.0 | 365.0 | 552.8 | 428.0 | 180.6 | 350.8 | 323.9 | 161.0 | 125.9 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 3,586.0 | 3,622.0 | 3,547.0 | 2,950.0 | 2,330.0 | 1,899.8 | 2,075.1 | 1,916.0 | 1,295.3 | 813.5 |
| Gross Profit | 1,708.0 | 1,642.0 | 1,547.0 | 1,380.0 | 1,049.0 | 830.4 | 979.5 | 891.5 | 565.6 | 362.9 |
| Operating Income | 498.0 | (1,554.0) | 617.0 | 699.0 | 454.0 | 219.8 | 494.1 | 406.6 | 157.3 | 156.6 |
| Net Income | 190.0 | (1,841.0) | 333.0 | 551.0 | 350.0 | 140.4 | 392.9 | 339.1 | 104.8 | 122.3 |
| EPS (Diluted) | 2.81 | -27.56 | 5.56 | 9.90 | 6.33 | 2.55 | 7.14 | 6.16 | 1.94 | 2.28 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 714.0 | 875.0 | 909.0 | 966.0 | 608.3 | 414.6 | 644.3 | 333.9 | 228.6 | 227.6 |
| Total Assets | 8,590.0 | 9,118.0 | 11,495.0 | 4,540.0 | 3,903.8 | 3,416.3 | 2,614.2 | 2,414.0 | 2,212.2 | 1,273.3 |
| Total Debt | 4,780.0 | 5,024.0 | 5,168.0 | 1,028.0 | 1,032.7 | 949.2 | 347.8 | 393.0 | 612.2 | 0.0 |
| Stockholders' Equity | 2,322.0 | 2,472.0 | 4,483.0 | 2,887.0 | 2,360.9 | 2,023.3 | 1,873.2 | 1,588.9 | 1,241.8 | 1,160.9 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 528.0 | 319.0 | 529.0 | 639.5 | 513.0 | 244.5 | 413.8 | 355.2 | 180.1 | 138.3 |
| Capital Expenditure | (118.0) | (87.0) | (164.0) | (86.7) | (85.0) | (63.9) | (62.9) | (31.3) | (19.1) | (12.4) |
| Free Cash Flow | 410.0 | 232.0 | 365.0 | 552.8 | 428.0 | 180.6 | 350.8 | 323.9 | 161.0 | 125.9 |