# MKS Inc. (MKSI) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Electronic Equipment, Instruments & Components. Price $260.31, market value $17.6 billion.

## Valuation
- **P/E (trailing): 41.5×** (5-yr avg 26.3×, 3-yr avg 36.6×). MKS Inc. trades at 41.5× trailing earnings, well above its own five-year average of 26.3×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 14.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.27**. A PEG of 0.27 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 4.0×**. Each dollar of revenue is priced at 4.0×.
- **Price / book: 5.9×**. The shares trade at 5.9× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 20.9×**. Enterprise value is 20.9× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 2.6%** (5-yr avg 5.4%). Free cash flow equals 2.6% of the market value, below its five-year average of 5.4%, so the shares are pricier on cash than usual.
- **Earnings yield: 2.4%**. The inverse of the P/E: 2.4% of the price is earned each year.

## Profitability
- **Gross margin: 47.0%**. MKS Inc. keeps 47.0% of revenue after the direct cost of what it sells.
- **Operating margin: 15.7%**. 15.7% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 7.5%**. 7.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.8%**. 10.8% on shareholders' equity is solid.
- **Return on invested capital: 8.3%**. Return on all capital, debt included, is 8.3%.
- **Return on assets: 5.0%**. Each dollar of assets produces 5.0% of profit.

## Growth
- **Revenue growth (1 yr): 9.6%** (3-yr 3.5%/yr, 5-yr 11.0%/yr). Revenue grew 9.6% over the last year, against 11.0% a year compounded over five years.
- **EPS growth (1 yr): 55.5%** (3-yr -7.7%/yr, 5-yr -7.1%/yr). Earnings per share rose 55.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 10.8%/yr**. Free cash flow has compounded at 10.8% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 1.55**. Debt is 1.55 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 3.7×**. It would take 3.7 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 2.82**. A Z-score of 2.82 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.38%** ($0.94 per share, trailing). MKS Inc. yields 0.38%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 20%** (14% of free cash flow). 20% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 15**. 15 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 1.9%/yr** (1-yr 0.0%). The dividend has grown 1.9% a year over five years.

## Analyst view
- **Analyst consensus: buy** (14 analysts). 14 analysts cover MKS Inc.; the consensus is buy, with an average price target of $417.57 (+60% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 156.7%** (YTD 63.2%, 3-mo -13.7%). The shares are up 156.7% over twelve months including dividends.
- **From 52-week high: -41.8%** (143.2% above the low). Trading 42% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 2.82** (volatility 62%). Beta of 2.82 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MKSI · Page: https://foliofundamentals.com/stocks/mksi

Not investment advice.