Semiconductor Equipment & Materials Stocks — Fair Value & Margin of Safety

Equity Rank covers 25 Semiconductor Equipment & Materials companies; 22 have a published model fair value, and 6 of those (27%) trade below the model estimate. The median model fair value sits 8.1% below the current price, under these model assumptions. Data as of 2026-10-22.

Source: Equity Rank — Semiconductor Equipment & Materials stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.

Semiconductor Equipment & Materials stocks furthest below the model estimate

Among companies valued by at least five methods. A wide gap can also mean the models are missing something.

  1. PLAB — Photronics Inc: model fair value $47.82 vs. price $27.90, a model fair value differential of 71.4% above the current price (as of 2026-10-22)
  2. AMKR — Amkor Technology Inc: model fair value $49.86 vs. price $39.05, a model fair value differential of 27.7% above the current price (as of 2026-10-22)
  3. ACMR — Acm Research Inc: model fair value $55.06 vs. price $49.12, a model fair value differential of 12.1% above the current price (as of 2026-10-22)
  4. ACLS — Axcelis Technologies Inc: model fair value $107.04 vs. price $104.74, a model fair value differential of 2.2% above the current price (as of 2026-10-22)

All 25 Semiconductor Equipment & Materials companies

TickerCompanyPriceModel fair valueGap
ASMLASML Holding N.V. New York Registry Shares$1560.54Not published—
LRCXLam Research Corp$230.15$220.58-4.2%
AMATApplied Materials Inc$375.58$336.08-10.5%
KLACKLA Corporation$147.30$111.92-24.0%
TERTeradyne Inc$308.75$244.30-20.9%
ENTGEntegris Inc$128.31$129.96+1.3%
ONTOOnto Innovation Inc$198.67$163.77-17.6%
AMKRAmkor Technology Inc$39.05$49.86+27.7%
NVMINova Ltd$310.13$250.05-19.4%
FORMFormFactor Inc$95.10$64.56-32.1%
CAMTCamtek Ltd$119.48$112.81-5.6%
KLICKulicke and Soffa Industries Inc$73.40$72.35-1.4%
ACMRAcm Research Inc$49.12$55.06+12.1%
AXTIAXT Inc$51.56$49.67-3.7%
ACLSAxcelis Technologies Inc$104.74$107.04+2.2%
IPGPIPG Photonics Corporation$69.41$60.13-13.4%
AMBAAmbarella Inc$63.12$55.60-11.9%
VECOVeeco Instruments Inc$41.15$33.94-17.5%
COHUCohu Inc$46.26$38.70-16.3%
UCTTUltra Clean Holdings Inc$44.46$50.60+13.8%
AEHRAehr Test Systems$55.65$53.21-4.4%
PLABPhotronics Inc$27.90$47.82+71.4%
ICHRIchor Holdings Ltd$37.86Not published—
DQDaqo New Energy Corp ADR$10.08Not published—
ASYSAmtech Systems Inc$12.34$10.78-12.6%

Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.

Compare Semiconductor Equipment & Materials peers

LRCX vs AMAT · LRCX vs KLAC · LRCX vs TER · AMAT vs KLAC · AMAT vs TER · KLAC vs TER

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