Research / Stock / KLAC
K

KLAC

KLA CORP
FY2026Mkt cap 239.5B
183.34
+1.77   +0.97%
close 2026-08-25

Assumptions

29.3%
Market is pricing 29.3%— you agree
Actually grew +14.0%/yrFCF, 20212026 — the market is pricing 15.3pts FASTER than history
10 yrs
3.00%
12.83%
12.8% derived for this company beta 1.85 (1254d vs the S&P 500) · cost of equity 13.0% = 4.7% risk-free + 1.85 × 4.5% premium · 2% debt at 4.8%, taxed at 14%

Fair value DCF model

$183.79
+0.2%
At the market's assumptions
Current price $183.34Enterprise value 240.1B
Bear $130.58 (24.3% growth)Bull $257.38 (34.3%)
market $183.34
Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices 29.3%
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Present value of each projected year, Y1–Y10
36% the 10 forecast years64% terminal value
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Base FCF: SEC EDGAR companyfacts, FY2026 · price: close of 25 Aug 2026