Photronics, Inc. (PLAB) Fair Value 2026

PLAB · Semiconductor Equipment & Materials ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.9 /10

32 fundamental signals · 10 models active

Value Trap Risk

SAFE (8/100)

Quick Summary — As of 2026-08-27, Photronics, Inc. (PLAB) trades at $30.26, versus a $18.65 median fair value across its 10 active models — 38.4% below the current price. QOC: 8.9/10. Value Trap Risk: 8/100 (SAFE). 10/13 models active. Within that set, the Bayesian DCF component alone returns $10.52.

Key Facts

Ticker
PLAB
Price
$30.26
Quality Score
8.9/10
Value Trap Risk
8/100
Models Active
10/13
Last Updated
Strength: Quality Score of 8.9/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Photronics, Inc. (PLAB) Undervalued or Overvalued in 2026?

According to CirclFi’s 10-model valuation engine, Photronics, Inc. (PLAB) appears overvalued as of : the median of 10 independent fair value estimates is $18.65, 38.4% below the current price of $30.26. Estimates range from $6.34 to $95.11. PLAB scores 8.9/10 on fundamental quality and 8/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. PLAB’s -38.4% gap is wider than that market norm, and the Semiconductor Equipment & Materials sector median is -71.1%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Photronics, Inc. Stock in 2026? →

What Fair Value Does Each Model Give PLAB?

10 Intrinsic Value Models vs. Current Price ($30.26)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $10.52 -65.2%
Intrinsic · High Conviction
 $21.67 -28.4%
Ensemble · Low Conviction
 $19.51 -35.5%
Intrinsic · High Conviction
 $21.28 -29.7%
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What Is PLAB's Fair Value Range?

Spread across 10 independent models · $6.34 to $95.11

CirclFi's 10 active models place Photronics, Inc. (PLAB) between $6.34 and $95.11 per share, a spread of 476% of the median. The median of that range — $18.65 — is the fair value CirclFi publishes for PLAB, against a current price of $30.26.

Low · Markov DDMHigh · FTNN
$6.34median $18.65$95.11
Where the range comes from
Most bearish modelMarkov DDM$6.34
Most bullish modelFTNN Topology$95.11
Model agreement2 bullish · 8 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for PLAB. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on PLAB, not a CirclFi price target. How each model works →

What Is Photronics, Inc. (PLAB) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Photronics, Inc.'s intrinsic value is estimated at $18.65, suggesting the stock is overvalued at its current price of $30.26. With 8 out of 10 models flagging downside (-38.4% vs price), the market may be pricing in unsustainable growth. Model dispersion is worth noting: FTNN targets $95.11 (+214.3%), versus Markov DDM at $6.34 (-79.0%). This +293.3% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About PLAB?

10 of 13 models are currently active for PLAB. Of these, 2 models suggest upside while 8 models suggest overvaluation. Taken together, their median fair value for PLAB is $18.65 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $10.52 on its own, implying -65.2% downside from the current price. See which stocks rank higher →

How Does PLAB Rank in Semiconductor Equipment & Materials?

Among 32 Semiconductor Equipment & Materials stocks, PLAB ranks #9 by Quality of Company score. CirclFi's QOC score of 8.9/10 evaluates 32 fundamental signals. A score of 8.9 places PLAB in the top tier.

Within the Semiconductor Equipment & Materials space, Photronics, Inc. competes in an environment where wafer utilization rate often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is PLAB a Value Trap?

CirclFi's Value Trap algorithm assigns PLAB a score of 8/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

10 of 13 models are active for Photronics, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Photronics, Inc. is rated at 8.9/10. This strong-tier score demonstrates strong fundamentals across the majority of our quality signals.

The gap between the most bullish and bearish model spans +293.3% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every PLAB valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across PLAB's 10 active models, average confidence is 47%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Photronics, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Semiconductor Equipment & Materials Stocks Should You Also Analyze?

10 related Semiconductor Equipment & Materials stocks with 13-model coverage

ACLSAxcelis Technologies, Inc.QOC 8.9ACMRACM Research, Inc.QOC 8.7CAMTCamtek Ltd.QOC 9.0SCIASCI Engineered Materials, Inc.QOC 8.4AMATApplied Materials, Inc.QOC 9.4VECOVeeco Instruments Inc.QOC 8.4AMKRAmkor Technology, Inc.QOC 7.8ICHRIchor Holdings, Ltd.QOC 6.8KLACKLA CorporationQOC 9.8ASMLASML Holding N.V.QOC 9.7

Read investment analysis: ACLS · ACMR · CAMT · SCIA · AMAT · VECO · AMKR · ICHR · KLAC · ASML

Which Other Stocks Have a Similar Quality Score to PLAB?

7 companies across all industries closest to PLAB’s Quality of Company score of 8.9/10.

TJXThe TJX Companies, Inc.QOC 8.9FRTFederal Realty Investment TrustQOC 8.9WABWestinghouse Air Brake Technologies CorporationQOC 8.9CPRTCopart, Inc.QOC 8.9ERIEErie Indemnity CompanyQOC 8.9SPXCSPX Technologies, Inc.QOC 8.9NVDANVIDIA CorporationQOC 10.0

Read investment analysis: TJX · FRT · WAB · CPRT · ERIE · SPXC · NVDA

What Else Do Investors Ask About Photronics, Inc.’s Valuation?

What is Photronics, Inc.'s intrinsic value in 2026?

CirclFi puts Photronics, Inc. (PLAB)'s intrinsic value at $18.65 — the median of 10 independent model estimates as of 2026-08-27, ranging from $6.34 to $95.11. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $10.52 on its own. The Quality of Company score is 8.9/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is PLAB overvalued or undervalued right now?

At $30.26, 2 of 10 active models suggest PLAB may be undervalued, while 8 indicate potential overvaluation. The median of all 10 fair value estimates is $18.65, 38.4% below the current price of $30.26 — a consensus view that PLAB is overvalued. The assessment depends on which methodology best fits Photronics, Inc.'s business model in Semiconductor Equipment & Materials.

What does a Quality of Company score of 8.9 mean for PLAB?

Photronics, Inc.'s QOC of 8.9/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on PLAB?

CirclFi analyzes PLAB with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 10 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on PLAB?

Of the 10 models currently active on PLAB, FTNN Topology is the most bullish at $95.11 per share, and Markov DDM is the most bearish at $6.34. CirclFi's published fair value for PLAB is the median of that range, $18.65, not either extreme. The gap between the two ends equals 476% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is PLAB a value trap in 2026?

Photronics, Inc.'s Value Trap score is 8/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 10-model valuation engine, Photronics, Inc. (PLAB) has a median fair value of $18.65 — 38.4% below the current price of $30.26 — as of 2026-08-27.” Source: circlfi.com/stock/PLAB/ · Methodology
Primary sources for this PLAB valuation
  • Financial statements: Photronics, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000810136) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for PLAB as of ; valuations recomputed .

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