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Lam Research

$001234567890012345678900123456789.0012345678900123456789-13.1%
52w low (est.) $240.64$420.54 52w high (est.)
Peers
Market data
Market cap
$438.11B
52-week range
$90.94 – $438.50
Beta (vs market)
1.80
Sector
Technology
Valuation
P/E ratio
66.2x
DCF fair value
$203.66
Margin of safety
-36.5%
Forward P/E
43.3x
PEG ratio
1.92
Dividend yield
0.30%
Quality & efficiency
Moat score
95/100
Return on equity
66.8%
Profit margin
30.9%
Debt / equity
0.35
Growth & analysts
Revenue growth (YoY)
+23.8%
Analyst target
$357.77
Target upside
+11.5%
Analysts covering
31

About Lam Research

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

Valuation

ValueGrowthProfitHealthIncome58QUALITY
Overall Rating
46
Hold
Hold
Moat Score95
DCF Intrinsic Value
$203.66-36.5% downside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
$438.11B
P/E Ratio
66.2
Dividend Yield
0.30%
Revenue Growth
+23.8%
Profit Margin
30.9%
ROE
66.8%
Debt / Equity
0.35
Beta
1.80
High Growth
vs Technology sector:P/E 66 vs 53 Moat 95 vs 10Yield 0.30% vs 0.1%

Statistics

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